How to Open Account with $5000
For traders wanting to start indices trading with $5000 dollars, the indices Standard account provides them with best account type option - Open Account with $5000 - Open Live Indices Account with $5000.
The Standard account is a trading account type where the traders open stock trades using Standard lots. This Standard lots are a fraction of standard lots. Traders trading using Standard Account can make a small deposit for example $5000 dollars deposit and use trading leverage provided by the indices Standard account to trade the indices Standard lots.
For example, with the leverage ratio of 100:1, a trader can borrow $100 from their broker for each $1 dollar in their account - meaning if they have $5000 in their account - they can borrow $5000*100:1 leverage = $500,000 dollars after trading leverage. Traders then can use this $500,000 dollars in their margin account to open and trade indices Standard lots.
To learn & know more about leverage & margin account - How to Read the following indices courses:
