If you are new in the Forex business and don’t want to investigate a lot of money into your first try then you probably need a so called Forex mini account. These accounts enable you to start trading on the Forex market with a small starting deposit like $100-$500. Besides this Forex mini accounts allows you to trade with a smaller contract size, usually 10,000 units which is 0.1 lot. With these features you can use a good money management with this small capital as well.
In the next table you will find Forex brokers where you can open a mini account to start trading on Forex.
|Broker||Founded||Rate||Min. Deposit||Max. Leverage||Major Spreads||Min. trade size||Pairs||Demo||Details|
|Ava FX||2006||5||$100||400:1||3-4||10,000||60||Yes||Ava FX review|
|Finex Group||1985||5||$500||100:1||3-4||10,000||14||Yes||Finex Group review|
|Advised Trading||0||$0||100:1||2-4||100,000||27||Advised Trading review|
|Easy Forex||2003||0||$25||200:1||3-7||2,500||12||Yes||Easy Forex review|
|CMC Markets||1996||0||$2,000||100:1||2-3||10,000||65||No||CMC Markets review|
|IFX Markets||1995||0||$500||100:1||2-3||10,000||27||No||IFX Markets review|
Best Forex Mini Broker