Can I Start Indices Trading with Just $500 for Mini Indices Trading Account?
For indices traders wanting to begin indices trading with $500 dollars, the indices trading Mini account option provides them with the best stock indices account type option - Open Indices Account with $500 - Open Live Indices Trading Account with $500.
The Mini stock indices trading account is a stock indices trading account type where the traders open stock indices trades using Mini lots, Mini lots are equivalent to one tenth of standard indices lot. This Mini lots are a fraction of standard indices lots. Indices traders trading using the Mini Indices Trading Account can make a small deposit for example $500 dollars deposit and use indices trading leverage provided by the indices trading Mini stock indices trading account to trade the indices trading Mini lots.
For example with the stock indices leverage option of 100:1, a trader can borrow $100 dollars from their indices broker for every $1 dollar in their account - meaning if they have $500 in their stock indices account - they can borrow $500*100:1 indices trading leverage = $50,000 dollars after stock indices trading leverage. Traders can then use this $50,000 dollars in their margin stock indices trading account to open & trade indices trading Mini lots.
To learn & know more about stock indices trading leverage & indices margin account - How to Read the following indices courses: