Can I Start Indices with Just $10 for Nano Account?
For beginners wanting to start indices trading with $10 dollars, the trading Nano account option provides them with best account type option - Open Account with $10 - Open Live Account with $10.
The Nano account is a account type where the traders open stock trades using Nano lots, Nano lots are equivalent to 100 Units of base indices. This Nano lots are a fraction of the Micro lots. traders trading using the Nano Account can make a small deposit for examples $10 dollars deposit & use leverage provided by the trading Nano account to trade the trading Nano lots.
For example with the leverage option of 100:1, a trader can borrow $100 dollars from their broker for every $1 dollar in their account - meaning if they have $10 in their account - they can borrow $10*100:1 leverage = $1,000 dollars after leverage. Traders can then use this $1,000 dollars in their margin trading account to open and trade indices Nano lots.
To learn and know more about trading leverage & margin account - How to Read the following indices courses:
What's a Trade Plan? - Written Plan Example Template
Alternatives: Automated EA Trading or Copy and Paste Signals
