Nano Lot Size Forex Broker
forex brokers offer nanolot trading
there are some forex brokers now offer specific account (Cent or Nano Account or others )that yous can trade very small-scale transaction volume. These specific account allow trading
0.001 lot or enven smaller transaction volume.
These accounts has been designed for small depositors and newcomers to the forex industry and is ideal for all those wishing to go a gustatory modality of real trading with a lower deposit.
Lot size reference:
1 lot = 100k = 100 000 units (standard lot)
0.one lot = 10k = ten 000 units (mini lot)
0.01 lot = 1k = 1000 units (micro lot)
nano lot=(0.001 lot or 0.0001 lot),
"any amount" = no limitation on position size
When trading 0.001 lot,one pip just equal 1 usd cent.with a minimum transaction book of but 0.ane of a micro lot (100 units of base currency) y'all tin can minimize your risks while learning about real market trading. After some time with a demo account, a cent account is a skillful starting point for whatever beginner. You tin observe your own beliefs nether real force per unit area, learn about trading discipline and gain an understanding of the market.
For a new trader who are less experienced and who wants to endeavour their strategies.for them,cent account is very useful and information technology is a skilful opportunity to be a professional from this account,with less risk of coin.
i heartly recommend for new traders to commencement with cent business relationship unless you lot know this market.it is very risky and reports shows that at starting 95% forex traders loss their coin.so it is good to loss only in cents and make your self equally a invest for your profitable forex trading.
Below is the list of Forex brokers allow trading nano lot
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Source: http://1nanolot.com/
Posted by: dexterhined1936.blogspot.com
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