What is the Minimum Deposit Required to Open Mini Oil Trading Account?

Minimum Capital Required to Begin Crude Oil Day Trading with a Mini Oil Trading Account

The minimum deposit required to open a oil trading Mini crude oil trading account is $100 dollars.

With $100 dollars minimum oil trading deposit for a Mini Oil Trading Account crude oil traders can open a oil Mini account & trade oil trading Mini lots.

The Mini Oil Account uses Mini Lots when opening new crude oil trades.

1 Mini Lot is equivalent to one tenth of standard oil trading lot

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

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