FXCM Micro provides access to the currency markets with as little capital as $50, making FXCM Micro a perfect account option for new traders. Micro accounts give you the flexibility and convenience of trading with small (1K) lots, competitive spreads and FXCM’s No Dealing Desk Forex execution.
With a minimum deposit of $50 and access to small (1K lot) trades, FXCM Micro makes learning to trade in the forex market viable without taking large risks. Small trade sizes can help reduce risk by minimizing market exposure. In most cases, you can limit your cost per pip to about $0.10.
Company Name: Forex Capital Markets
Online Since: 2008
Country: USA
Regulated: Registered with the Commodity Futures Trading Commission (CFTC) and is a member of the National Futures
Association (NFA).
Payments/Withdrawals: Wire transfer, Credit cards
EUR/USD Spread: 2.7 pips
Minimum Account Size: $25
Leverage: up to 1:400
Minimum Position: 0.01 lot
Platform(s): FXCM Micro Trading Station
Mobile trading: No
Demo Account: No
Support: Email, forum
Training: No
Managed Accounts: No
Languages Supported: Chinese, English, Spanish
Trade what?: Forex
ECN/STP: STP execution
Advantages: Great trading platform, low spreads, monthly contests
Disadvantages: Maximum account balance $5000, no Metatrader 4 support
Partner Programs: No
Learn more about FXCM Micro here
