What are Mini Bitcoin Trade Accounts?
Mini Bitcoin trade accounts allow traders to execute positions using mini lots. A mini lot for BTC/USD is equivalent to one-tenth of a standard contract or lot for this cryptocurrency pairing.
Mini crypto accounts let retail investors enter the BTCUSD market easily. Traders use smaller mini lots, so they need less capital than for standard Bitcoin accounts.
Mini lots are equal to one tenth of standard lot.
More Tutorials & Lessons:
- Step-by-Step Explanation for Setting a BTC USD Trailing Stop Loss Order in MT4
- Using Take Profit and Stop Loss Orders in Trading Software
- How Do You Set Trade CCI in Chart?
- How Can You Activate a BTCUSD Expert Advisor on MT4 Software Platform?
- Opening a MetaTrader 4 Practice BTC/USD Trade Account
- The ADX Technical Indicator for BTC/USD Analysis
- Utilizing the Bitcoin Trading MT4 Platform for BTCUSD
- Drawing Fibonacci Extension Lines on Bitcoin Charts in the MT4 Platform
- Install MT4 Trading Platform: Beginner Tutorial
- Understanding and Interpreting the Double Tops Reversal Pattern
