What is the Indices Trading Minimum Deposit for Mini Indices Trading Account?
A Mini Indices Trading Account is an account that allows stock indexes traders to make trades on the stock indexes trading 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 Indices Trading Account for Beginners. Indices trading brokers offer mini contracts and mini lots in indices trading as a way to attract indices traders who do not have a lot of capital - as the minimum required starting capital for a Mini Indices Trading 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 indices trading standard lots. This lowers the initial deposit required to open a Mini Indices Trading Account and offers better risk management for indices traders without a lot of capital.
This Mini Indices Trading Account is recommended for those online indices traders with only a few thousand dollars as capital.
A Mini Indices Trading Account is suitable for equity balances between $5,000 and $10,000 - Best Indices Trading Account for Beginners. The indices trade transaction mini lots are smaller so the indices traders without enough capital to open standard contracts have better indices trading money management for their equity balance.