What is the Minimum Deposit for Mini Account?
Minimum Capital Required to Start Day Trading with a Mini Account
Minimum deposit required to open a trading Mini account is $100 dollars.
With $100 dollars minimum indices trading deposit for a Mini Account stock traders can open a trading Mini account and trade Mini lots.
The Mini Account uses Mini Lots when opening new trades.
1 Mini Lot is equivalent to one tenth of standard lot
The Pip amount calculation for 1 Pip in a Mini account is equivalent to $1. Therefore traders trading on this Mini account using Mini lots will make profit of $1 per 1 pip movement if the trade goes in their direction or makes loss of $1 per 1 pip movement if the trade decides goes against their trade direction.
This Mini account is best for beginners because one can trade using smaller lots - Mini lots and learn how to trade without investing a lot of trading capital in their Mini trading account.