How to Open Account with $1000
For new traders wanting to start indices trading with $1,000 dollars, the indices Standard account option provides them with best stock account type option - Open Account with $1000 - Open Live Account with $1000.
The Standard account is a stock account type where the traders open stock trades using Standard lots. This Standard lots are a fraction of standard lots. traders trading using the Standard Account can make a small deposit for example $1000 dollars deposit and use indices leverage provided by the indices Standard account to trade the indices Standard lots.
For example with the stock leverage option of 100:1, a trader can borrow $100 from their indices broker for each $1 dollar in their account - meaning if they have $1000 in their stock account - they can borrow $1000*100:1 leverage = $100,000 after stock trading leverage. Traders can then use this $100,000 in their margin account to open and trade indices Standard lots.
To learn and know more about stock 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
