How Much Do You Need to Begin with a Mini Account?
How Much Does it Cost to Register XAUUSD Mini Account?
What's the amount of money Required to Begin Gold Day Trading with a Mini Account?
Minimum amount of money required to open a Mini account is $250 dollars. Therefore, if you want to open a Mini account it will cost you $250 dollars as the minimum capital to open a Mini account.
With $250 dollars minimum deposit for Mini Account, traders can open a Mini account & trade Mini lots.
The Mini Account uses Mini Contracts when executing new trade transactions.
The Pip value calculation for 1 Pip in a Mini account is equivalent to $1. Therefore traders trading on this Mini account using Mini lots will make a profit of $1 for every one pip movement if the trade goes in their direction or make a loss of $1 for every one pip movement if the trade goes against their trade direction.
This Mini account is best for beginners because one can trade using smaller lots - Mini lots and learn how to trade without investing a lot of trading money in their Mini account.