Can I Start with $250 for Mini Account?
For traders wanting to start trading with $250 dollars, the trading Mini account option provides them with best account type option - Open Account with $250 - Open Live Trading Account with $250.
The Mini xauusd account is a account type where the traders open trades using Mini lots, the Mini contracts are equal to one tenth of the standard lot. This Mini lots are a fraction of the standard lots. Traders trading using the Mini Account can make a small deposit for example $250 deposit and use leverage provided by the trading Mini account to trade the trading Mini lots.
For example, with the leverage option of 100:1, a trader can borrow $100 from their broker for every $1 dollar in their account - meaning if they have $250 in their account - they can borrow $250*100:1 leverage = $25,000 dollars after leverage. Traders then can use this $25,000 dollars in their margin trading account to open and trade Mini contracts.
To learn more about leverage and margin trading account - Study the following gold guides:
Study More Tutorials and Lessons:
- How Can I Trade 100.0% Fib Extension Level?
- The Difference Between STP XAU/USD Broker & ECN XAU/USD Broker
- What's Free XAU USD Margin Level in Gold?
- Head & Shoulders & Reverse Head & Shoulders XAUUSD Patterns
- How Can I Read Aroon Oscillator Technical Indicator?
- XAU USD Trend-line Breakout Trade Strategies
- XAUUSD System for Generating Gold Buy & Sell XAU USD Signals
- MetaTrader 4 Charts Bar & Gold Charts Tabs
- Multiple Chart Time Frame Analysis in Gold Charts Analysis
- Where Do I Study How to Trade in MT4 App illustrated?
