Can I Start Trading with Just $20 for Nano Indices Account?
For beginners wanting to start trading with $20 dollars, the Nano account option provides them with best stock account type option - Open Account with $20 - Open Live Account with $20.
The Nano stock trading account is a stock trading 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 standard lots. traders trading using the Nano Indices Account can make a small deposit for example $20 dollars deposit and use leverage provided by the Nano stock trading account to trade the Nano lots.
For example with the stock 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 $20 in their stock account - they can borrow $20*100:1 leverage = $2,000 dollars after stock trading leverage. Traders can then use this $2,000 dollars in their margin account to open and trade Nano 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
