What is a Forex Micro Account?

A Micro Account is a live forex trading account that traders and investors use to trade currencies. Usually micro accounts are used by beginners as they can be opened with a very small deposit with some even accepting as little as $1 trading with micro-lots that are 1/100 the size of a standard lot.
Micro accounts are a good way for traders to trade live accounts without risking too much money.

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