What is Difference Between Forex Micro account and Mini Account? - Micro vs Mini Account

What's Difference Between Micro Account & Mini Account Types in Forex Trading?

This difference between Forex Micro account and Mini Account is the trading volume of the forex trading transaction that is opened on Micro account & the trading volume opened for a Mini account.

For the Micro account the trading volume is equal to 1,000 units of base currency

For the Mini account the trading volume is equal to 10,000 units of base currency

Micro Lots - for the Micro account the trading volume is equal to 1,000 units of base currency is referred to as 1 Micro lot. The Micro forex lot is equivalent to one tenth of the Mini forex lot.

Mini Lots - for the Mini account the trading volume is equal to 10,000 units of base currency is referred to as one Mini lot.