What are Mini Oil Trading Accounts?
Mini Oil Trading Accounts are crude oil trading accounts type where traders open crude oil trades using Mini lots. 1 Oil Trading Mini lot is the equivalent of one tenths units of the base lot of oil.
The Mini crude oil trading accounts allows many retail crude oil traders to access the crude oil market because with these Mini crude oil trading accounts crude oil traders can trade smaller oil lots known as Mini lots therefore the capital needed to open these Mini crude oil trading accounts isn't a lot as that required for opening standard oil trading accounts.
Mini lots are equal to one tenth of standard oil lot.
