Forex Mini Trading Differences

Three is some differences betwen forex acount with mini account.

The Mini trading account uses the same state-of-the-art trading platform as the regular trading account. There is no additional software to download.

Account Size
The minimum amount that is required to open a Mini trading account is $300. Of course, due to the high leverage and the extremely volatile nature of the Forex market, the recommended minimum investment size is $2,000. Note: Leverage without proper risk management can lead to large losses as well as gains.


Trade Size
On the Mini trading platform all trades are executed in standard sizes of 10,000 base currency per one lot. There is no maximum trading volume on the Mini trading platform.

Pip/Tick Value
Profit and loss is easy to calculate when trading on the Mini platform. In the EUR/USD and many other currency pairs, a one pip (or tick) movement in the exchange rate is equal to a one-dollar gain or loss in the account value per lot (and approximately $1 in the 17 other currency pairs).

Margin Requirement
Up to 200:1 Leverage: Clients must have approximately 1/2% of the value of the positions they hold in their account for each lot of currency being traded (approximately 200:1 leverage). Leverage without proper risk management, this high degree of leverage can lead to large losses as well as gains. This equates to $50 per lot (10,000 units). This amount does not change after 5:00 PM New York time, which is the rollover cut off, but stays constant at approximately 1/2% per lot the entire day and overnight.

Guaranteed Limited Risk: There is also an important safety feature imbedded in this system that prevents clients from losing more money than they have in the account. Should the account equity -- meaning the total floating value of the account -- fall below the margin requirement of approximately 1/2% per lot, the dealing desk may close all positions.

Okey lets read more about forex mini account