What is the Trading Minimum Deposit for Mini Trading Account?

A Mini Trading Account is an account that allows stock traders to make trades on the market using mini lots. A mini contract or a mini lot is equivalent to $10,000 which is one-tenth that of a standard contract - Best Account for Beginner Traders. trading brokers offer mini contracts & mini lots in indices trading as a way to attract traders who don't have a lot of capital - as the minimum required starting capital for a Mini Account is about $1,000 USD

Mini lots are similar to standard contracts in indices trading; however, indices trading mini lots are traded in fractions of trading standard lots. This lowers the initial deposit required to open a Mini Account & offers better risk management for traders without a lot of capital.

This Mini Trading Account is recommended for those online traders with only a few thousand dollars as capital.

A Mini Trading Account is suitable for equity balances between $5,000 and $10,000 - Best Account for Beginner Traders. The trade mini lots are smaller so the traders without enough capital to open standard contracts have better money management for their equity balance.