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Etoro just released a new version of the trading platform, announcing that a new feature will now be available: Micro Lot trading. The new feature is welcomed by traders with smaller bankrolls, which now have the chance to trade more with same amount of money.
All traders have waited for this moment, especially the beginners and those with small bankrolls. The moment has come, and the Forex trading goes down to another level, one more accessible for everyone.
While the standard Etoro Mini Lot contains 10,000 currency units, a Micro Lot contains only 1,000, so is 10 times smaller. This means that beginner traders can open ten times more trades. Low budget traders can open trading positions with only $2.5 investment. The minimum deposit limit is $50, so with the minimum deposit you will use only 5% of the account balance for each trade. Before the Micro Lots feature, this amount could be used for only 2 minimum trades. The Micro Lots feature brings more action to smaller accounts and enables novice players to practice better money management with smaller initial investments. On the other hand, all traders can take advantage of the Micro Lots, being able to trade more with the same level of investment, only at Etoro. |