What is a Micro Indices Trading Account in Indices Trading?

Micro Indices Trading Account Definition - The definition of a indices trading micro stock indices trading account is an account type where 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 indices traders to access the stock indices trading market because with this indices trading account stock indices traders can trade smaller indices lots known as micro lots therefore the capital needed to open this micro stock indices trading account is not a lot as that required for opening a standard stock indices trading account.

The Micro lot is equivalent to one hundredth of the standard indices lot.