Forex micro account

A forex micro account is a trading lot that has an average pip value of ten US cents. A micro account appeals to beginner forex traders that wishes to feel the effect of trading the currency market with real money on the line. Gains and losses may not be very significant but it allows most traders to hold on to a position that has a fluctuating range of 500 pips without any major monetary loss.

Stocks | Forex | Options | Economics | Bonds | History | Language learning | Technology | Technical Analysis | Fundamental Analysis
Copyright © 2014 econtrader | Risk disclosure | Terms of Use