Hi Friends
Can I just confirm with you about lot sizes?
FXCM offers two types of account: Mini (10k lots) and Micro (1k lots)
http://www.fxcm.com/standard-compare-accounts.jsp
http://www.fxcm.com/
http://www.forexmicrolot.com/
Apparently, the Micro Account has even tighter spreads compared to the mini because they removed features such as client services etc.
So technically speaking, if I trade a 30k size lot on a Micro, it will cost me even lesser than if I trade a 30k lot on a Mini. Am I right to say this?
I am too used to trading 10k-30k lot size so I am not planning to trade 1k-3k lots on the Micro.
Thanks!
Asyraf
Can I just confirm with you about lot sizes?
FXCM offers two types of account: Mini (10k lots) and Micro (1k lots)
http://www.fxcm.com/standard-compare-accounts.jsp
http://www.fxcm.com/
http://www.forexmicrolot.com/
Apparently, the Micro Account has even tighter spreads compared to the mini because they removed features such as client services etc.
So technically speaking, if I trade a 30k size lot on a Micro, it will cost me even lesser than if I trade a 30k lot on a Mini. Am I right to say this?
I am too used to trading 10k-30k lot size so I am not planning to trade 1k-3k lots on the Micro.
Thanks!
Asyraf