What's a Mini Indices Trading Account in Indices Trading?

Mini Indices Trading Account Definition - the definition of a indices trading Mini stock indices account is an account type where traders open trades using Mini lots. 1 Mini lot is the equivalent of one tenths units of the base lot of indices.

The Mini indices trading account allows many retail stock indices traders to access the stock indices trading market because with this indices trading account stock indices traders can trade smaller indices lots referred to as Mini lots therefore the capital needed to open this Mini stock indices account is not a lot as that required for opening a standard stock indices trading account.

The Mini lot is equal to one tenth of standard indices lot.