Can I Start Commodities with $100 for Micro Commodities Trading Account?
For beginner traders wanting to begin commodity with $100 dollars, the commodity micro commodity account option provides them with the best commodity account type option - Open Commodity Trading Account with $100 - Open Live Commodity Trading Account with $100.
The micro commodity account is a commodity account type where the traders open commodities trades using Micro lots, micro lots are equivalent to one hundredth of standard commodity lot. This Micro lots are a fraction of the standard commodity lots. Commodities traders trading using the Micro Commodity Trading Account can make a small deposit for example $100 dollars deposit and use commodity leverage provided by the commodity micro commodity account to trade the commodity micro lots.
For example with the commodity leverage option of 100:1, a trader can borrow $100 dollars from their commodity broker for every $1 dollar in their account - meaning if they have $100 in their commodity account - they can borrow $100*100:1 commodity leverage = $10,000 dollars after commodity leverage. Commodities traders can then use this $10,000 dollars in their margin commodity account to open and trade commodity micro lots.
To learn more about commodity leverage and commodity margin account - How to Read the following commodity lessons:
