Forex brokers nano lots

Micro & Nano Lots.

All IBFX accounts have the ability to trade fractional lot sizes, which are commonly referred to as ‘micro’ and ‘nano’ lots. With both standard and mini accounts traders can trade as few as 0.01 of a lot. For a standard account, this equals 1,000 notional value; for a mini account, 100 notional value.

(Notional value means the values are based off of the base currency of the currency pair you are trading. For example, if you’re trading the EUR/USD, then 1 standard lot would be €100,000; and one GBP/USD standard lot would be £100,000.)

Trading with small lot sizes has a few advantages.

Making the transition from a demo to a live account has a tendency to bring a slew of emotions that the trader was not prepared for. No matter how hard a trader tries to make a demo account ‘real,’ the emotions that come with trading real money can’t quite be duplicated with a demo account. Even if the trader is only trading nickels and dimes, traders can learn the emotions that come with live trading. A crucial part to properly managing risk in your trading is dialing in the right trade size. Two lots may not be enough, and three lots is too much; but with fractional lot sizes, traders can trade the amount that is right for them. A demo account is a good place to start to try out a new strategy, but unfortunately a demo account can’t entirely replicate real market conditions. After demo trading a new strategy, we recommend live trading a new strategy with fractional lot sizes first. This allows the trader to test the strategy in real market conditions without all of the potential downside.

Get Started.

Trading fractional lot sizes is easy, and is possible with demo or live accounts, standard or mini accounts.

Within the New Order window, just type in the desired lot size in the Volume box (as previously mentioned, the smallest lot size is 0.01 for both standard and mini accounts).

Have questions? Our friendly customer service team is available 24 hours a day while the market is open.

Related Courses & Tools.

Forex trading is one of the riskiest forms of investment available and may not be suitable for all traders.

IBFX, Inc., NFA # 0422448 is part of the Monex Group. Read the full risk disclaimer and privacy policy on trading Forex online.

Forex brokers offering nano lots.

there are some forex brokers now offer specific account (Cent or Nano Account or others )that you can trade very small transaction volume. These specific account allow trading.

0.001 lot or enven smaller transaction volume.

These accounts has been designed for small depositors and newcomers to the forex industry and is ideal for all those wishing to get a taste of real trading with a lower deposit.

Lot size reference:

1 lot = 100k = 100 000 units (standard lot)

0.1 lot = 10k = 10 000 units (mini lot)

0.01 lot = 1k = 1000 units (micro lot)

nano lot=(0.001 lot or 0.0001 lot),

“any amount” = no limitation on position size.

When trading 0.001 lot, one pip just equal 1 usd cent. with a minimum transaction volume of just 0.1 of a micro lot (100 units of base currency) you can minimize your risks while learning about real market trading. After some time with a demo account, a cent account is a good starting point for any beginner. You can observe your own behavior under real pressure, learn about trading discipline and gain an understanding of the market.

For a new trader who are less experienced and who wants to try their strategies. for them, cent account is very useful and it is a good opportunity to be a professional from this account, with less risk of money.

i heartly recommend for new traders to start with cent account unless you know this market. it is very risky and reports shows that at starting 95% forex traders loss their money. so it is good to loss only in cents and make your self as a invest for your profitable forex trading.

Below is the list of Forex brokers allow trading nano lot.

Account type:MICRO account Min Account:$5 minimum postion Size:0.0001 lot maximum leverage:1:888.

Account type:CENT account Min Account:$1 minimum postion Size:0.0001 lot maximum leverage:1:2000.

Account type:Nano account Min Account:$1 minimum postion Size:0.0001 lot maximum leverage:1:500.

Account type:CENT account Min Account:$1 minimum postion Size:0.0001 lot maximum leverage:1:1000.

Account type:cent account Min Account:$1 minimum postion Size:0.0001 lot maximum leverage:1:1000.

Account type:cent account Min Account:$5 minimum postion Size:0.0001 lot maximum leverage:1:1000.

Account type:CENT account Min Account:$1 minimum postion Size:0.0001lot maximum leverage:1:500.

Account type:Light account Min Account:$1 minimum postion Size:0.0001 lot maximum leverage:1:500.

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Forex Brokers with Micro Accounts.

Here you can find the Forex brokers that offer micro-lot accounts to their traders. One micro-lot is a hundredth of a standard lot, or 1,000 units of a currency. Despite its reputation, a micro-Forex account can be very useful even if you have enough trading capital for a standard account. It is much easier to implement conservative position sizing techniques with micro-lots. Some trading strategies require simultaneous creation of tens of market positions; in this case micro-lots will surely help to size and scale the positions adequately. Additionally, an option to open a micro account with a Forex broker can turn out to be useful if you want to test its execution, live accounts support and deposit/withdrawal speed without risking too much cash. You will find 206 brokers listed in the table below.

MetaTrader 4 MetaTrader 5 WebTrader.

CySEC, 185/12 FCA (UK), 600475 FSB (South Africa), 46614 IFSC (Belize), SC/60/345/TS and IFSC/60/345/APM.

MetaTrader 4 MetaTrader 5 Mobile Trading Platform Web Trading.

CySEC, 178/12 FCA (UK), 730729 IFSA (St. Vincent and Grenadines), 21927.

MetaTrader 4 MetaTrader 5 cTrader WebTrader.

CySEC, 191/13 FSCL (New Zealand), 4148 FSP (New Zealand), 246525 IFSC (Belize), IFSC/60/271/TS/14.

MetaTrader 4 WebTrader.

National Bank of Georgia, N2-06/3625-12.

MetaTrader 4.

ASIC, 412871 FCA (UK), 579202.

Here, you will find two valid reasons to trade with a broker offering micro - or nano-accounts:

Your account is not big enough to tolerate bigger lot size. Your deposit is big enough, but you want more precision in your position sizing.

Looking for a Micro Lot broker (0.001 starting lot)

Anyone here familiar with a broker that allows 0.001 starting lots so i can make my testing on such system?

I've Googled for such brokers, and found some that claim to support mt4 and 0.001 lots, but when i install Mt4 it actually 0.01 minimum lot.

I've Googled for such brokers, and found some that claim to support mt4 and 0.001 lots, but when i install Mt4 it actually 0.01 minimum lot.

AFAIK, Standard Lot=1, Mini=0.1 and Micro=0.01, which translate to $10,$1 and 10-cents per (Pip/tick/move/whatever) in that order. Why would you want to trade for Pennies?

I want to deposit the minimum amount of money in order just to test my EA on real account .

If it will show success then i will consider increasing the lots as well as investing more money.

Thanks BB.. Tried all of them, none allow lots lower then 0.01.

I talked with forex4you, they say that they don't support such lots, although they appear all over the internet as such they do support.

I'll keep looking..

msbusinessil: I want to deposit the minimum amount of money in order just to test my EA on real account .

Can't argue with that. I'm just thinking the best brokers wouldn't be the ones to offer Nano lots. Choosing brokers because they offer Nano lots may not be the best way to go IMO. But with Nano lots at least you wouldn't have to deal with the argument thats its not on a REAL account. :)

I sympathise with the aims you have, very sensible, but ubzen makes a vital point in that nano brokers in general have not exactly been mainstream in their setup, eg would be expected to be white-labelling or having their own dealing desk (aka 'internal market') and so results obtained will not be a reliable pointer to the real market behaviour of the EA.

FWIW - you do get to a point on demo trading where you have a very good idea how its going to go, but sooner or later you have to let it go on a micro.

msbusinessil: I want to deposit the minimum amount of money in order just to test my EA on real account.

Can't argue with that. I'm just thinking the best brokers wouldn't be the ones to offer Nano lots. Choosing brokers because they offer Nano lots may not be the best way to go IMO. But with Nano lots at least you wouldn't have to deal with the argument thats its not on a REAL account. :)

I sympathise with the aims you have, very sensible, but ubzen makes a vital point in that nano brokers in general have not exactly been mainstream in their setup, eg would be expected to be white-labelling or having their own dealing desk (aka 'internal market') and so results obtained will not be a reliable pointer to the real market behaviour of the EA.

FWIW - you do get to a point on demo trading where you have a very good idea how its going to go, but sooner or later you have to let it go on a micro.

Thanks guys. I really didn't thought about this side of the equation.

I guess i'll have to trust my EA and use a mini lots account.

Oanda lets you trade as small as you want, right down to just 1 unit of currency under 50:1 leverage, so IOW, even smaller than 0.001 lots. They don't have an mt4 server though :( However they do have an API and you might wanna check out this company called FX Spyder that I believe has made a bridge inbetween MT4 and Oanda.