Casual traders
If you're new to currency trading, the mini account is a great trading vehicle.
The minimum trade size is 10 times smaller than with a standard account and the minimum
balance is also much lower. This is the perfect environment for traders who are still
learning about the behavior of the foreign currency market. There is no maximum to how
much you can deposit into a mini account.
Active traders
If you're an experienced or active currency trader the standard account is the better
choice. The standard account opens the trader up to greater potential profit
and greater potential risk. An understanding of market behaviour, risk management techniques,
and strategy tools is critical.
| |
MINI ACCOUNT |
STANDARD ACCOUNT |
| Minimum deposit |
$250 USD |
$2500 USD minimum |
| Minimum trade size |
10,000 units of base currency* |
100,000 units of base currency* |
* The base currency is always the currency to the left of the slash in the currency pair
quotation. For example, in the EUR/USD currency pair, the euro is the base currency.