Start Small with Micro Lots
With Micro Lots, putting some money on the line, even in very small amounts, may make you more invested in what happens with your trading.
- Instinctively follow the market more when you have a position open, or have the chance to open a real position.
- Trading real money exposes you to the emotions like greed and fear that come with trading.
- With micro lots, you can see if the trading plan you tested in your demo account is successful or not with a small amount of capital.
- When you are ready, you can deposit more funds and upgrade to a standard account.
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Standard and Mini Lots
With the experience of demo and micro-lot trading, you might be more prepared to trade forex with larger capital, though you still have to be aware of the risks.
A generic example of how position sizes affect how much you make or lose on a 100 pip move.
| Position Size |
Move |
Gain/Loss |
| Standard (1 Lot) |
100 pips |
± $1,000 |
| Mini (0.1 Lot) |
100 pips |
± $100 |
| Micro (0.01 Lot) |
100 pips |
± $10 |
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