What are Stocks Micro Stocks Accounts?

Stocks Micro Stocks Accounts are stocks accounts type where stocks traders open stock trades using micro lots. 1 Stocks Micro lot is the equivalent of 1,000 units of the base lot of stocks.

The Micro stock trading accounts allows many retail stock traders to access the stocks market because with these micro stocks accounts stock traders can trade smaller stocks lots known as micro lots therefore the capital needed to open these micro stocks accounts is not a lot as that required for opening standard stocks accounts.

Micro lots are equal to one hundredth of the standard stocks trading lot.