What is the Minimum Deposit Required to Open Mini Account?

Minimum Capital Required to Start Forex Day Trading with a Mini Account

Minimum deposit required to open a forex Mini account is $100 dollars.

With $100 dollars minimum forex deposit for a Mini Account forex traders can open a forex Mini account and trade forex Mini lots.

The Mini Forex Account uses Mini Lots when opening new forex trades.

1 Mini Lot is equal to 10,000 units of base currency

The Pip value calculation for 1 Pip on a Mini forex account is equal to $1. Therefore traders trading on this Mini account using Mini lots will make a profit of $1 per 1 pip movement if the trade goes in their direction or make a loss of $1 per 1 pip movement if the trade goes against their trade direction.

This Mini forex account is best for beginners because a trader can trade using smaller forex lots - Mini lots and learn how to trade forex without investing a lot of trading capital in their Mini forex trading account.