Micro Crude Oil Trading Account
Micro Oil Trading Accounts are. These Micro Oil Trading Accounts are often appropriate for traders without a lot of capital and can sometimes be opened with only a $10 minimum balance - this crude oil account would be suited for those wanting to begin oil trading with $10.
This option allows crude oil traders to begin oil trading with $10 because the trader to open trades in micro lots. 1 micro is one - tenth of a mini & one-hundredth of a standard oil trading contract.
If an exchange rate for AUDUSD is quoted at 0.9500, then smallest trade available in a micro crude oil trading account is worth $950 used to buy 1,000 AUD. With oil leverage of 100:1, this is only $9.5 of your money.
