Can foreign brokers provide micro accounts?

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M
Muklis Julkifli
30 Apr 2021, 14:12 658 Views
My master, I am a newbie who has only been learning for 4 months, from a demo account to a micro account. But from the 5 foreign brokers that I registered with, none of them have a micro account. Where can I find a foreign NDD broker with a micro account?

3 Answer

R
rizki rosadi 01 May 2021, 11:23
@Muklis Julkifli: You can use a micro account at XM or FXOpen.
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Galia 11 May 2021, 15:54
What is the difference between a micro account and a cent account, Sir? Which account size is smaller?
R
rizki rosadi 12 May 2021, 08:35

@Galia: What is the difference between a micro account and a cent account, Sir?

The difference lies in the smaller size of a cent account because the deposit amount will be multiplied by 100 in the balance (when WD is divided by 100). A $1 deposit in a cent account will appear as $100 in the balance, while a micro account remains $1. Therefore, trading in a cent account is 100 times smaller than in a micro account.

Which account has a smaller size?

Cent.

Thank you

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