What is a Micro Indices Trading Account in Indices Trading?
Micro Indices Trading Account Definition - The definition of a indices trading micro stock indexes trading account is an account type where indices traders open trades using micro lots. 1 Micro lot is the equal to one hundredth of the standard indices lot.
The Micro indices trading account allows many retail stock indexes traders to access the stock indexes trading market because with this indices trading account stock indexes traders can trade smaller indices lots known as micro lots therefore the capital needed to open this micro stock indexes trading account is not a lot as that required for opening a standard stock indexes trading account.
The Micro lot is equivalent to one hundredth of the standard indices lot.