Can I Start Commodities with $5 for Nano Commodities Trading Account?
For beginner traders wanting to start commodity with $5 dollars, the commodity Nano commodity account option provides them with the best commodity account type option - Open Commodity Account with $5 - Open Live Commodity Trading Account with $5.
The Nano commodity account is a commodity account type where the traders open commodities trades using Nano lots, Nano lots are equivalent to 100 Units of base commodity. This Nano lots are a fraction of standard commodity lots. Commodities traders trading using the Nano Commodity Account can make a small deposit for examples $5 dollars deposit and use commodity leverage provided by the commodity Nano commodity account to trade the commodity Nano 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 trading account - meaning if they have $5 in their commodity account - they can borrow $5*100:1 commodity leverage = $500 dollars after commodity leverage. Commodities traders can then use this $500 dollars in their margin commodity account to open & trade commodity Nano lots.
To learn more about commodity leverage and commodity margin account - How to Read the following commodity lessons:
