Mini - forex
Working with the Mini- Forex means working with contracts of less than $ 100,000. The Mini- Forex offers the opportunity to receive services which are identical with those of investors who work with deposits of thousands of dollars, but everything just depositing $ 100 in your trading account. Usually those on the Forex traditional open positions to buy or sell a minimum $ 100,000, or 1 LOT (100,000 units of currency = 1 lot). With the Mini-Forex but can also operate with 0.1 lots positions, ie $ 10,000, of course, the profits will be smaller. You can open a position to buy or sell from $ 10,000 with only 100 € on your trading account. Until 2003 there was a substantial difference between the Mini-Forex and the Forex market terms, but today you can operate both in the same way. The broker through which you decide to make collect all the "mini account" of its customers, and this will allow you to open positions directly to buy or sell forex. You will understand therefore that an initial investment to start working on Forex market is essential. You can begin to operate with only 100 € on your account, but obviously with an investment so low you will not have large margins of error, and the results are quite poor. I suggest you start working on the market with a minimum investment of 300 € / 500 €, because with that number already have a certain range of motion, potendoti also allow some mistakes, and with the possibility to achieve excellent profits.
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