A micro account is a type of trading account that allows you to trade small amounts of money, usually in micro-lots. This way, you can enter the forex market without risking much capital. Micro accounts are perfect for beginners or those wanting to test new strategies with minimal financial risk.
In this article, we will compare the four best micro account forex brokers. We suggest these brokers because they offer excellent features, low minimum deposits, and outstanding customer support.
This is our list of the best Micro Account Forex Brokers in 2025:
Broker:
Micro Account:
Features:
Account:
Yes
- Different ECN Accounts
- Spreads from 0.0 Pips
- Copy Trading available
- Leverage up to 1:2000
- Low Commission from 6$/1 Lot
- High liquidity and fast execution
- MT4/5, cTrader, CopyFX
Yes
- ECN Accounts
- Spreads from 0.0 Pips
- Minimum Deposit $1
- Leverage up to 1:3000
- High Liquidity
- IFSC regulated
- MT4
Yes
- Multiple regulated
- Spreads from 0.0 Pips
- Leverage up to 1:500 (1:30 EU)
- Low Commission from 2$/1 Lot
- Personal support
- MT4, MT5
Yes
- Spreads from 0.0 Pips
- Leverage up to 1:500
- Low Commission from 4$/1 Lot
- High liquidity and fast execution
- TradingView, MT4/5
See our Expert Review on the best Forex Broker with Cent Accounts:
#1 RoboForex – Best Micro Account Overall
At WR Trading, we recommend RoboForex as the best choice for micro-accounts. Based on our research, RoboForex offers a range of features that make it particularly suitable for beginners and experienced traders.
The RoboForex ProCent account is ideal for testing trading strategies and transitioning smoothly from a demo account to a real one. One of the standout features is the forex bonus of up to 120% on your first deposit and all subsequent deposits. This bonus can give you extra funds to trade and a great boost when starting out.
Additionally, RoboForex offers negative balance protection, which is crucial for managing risk. If the market becomes volatile and your account balance turns negative, RoboForex will reset your account to zero, preventing you from incurring a negative balance. They also provide standard tools like stop loss levels, transaction volume control, and leverage to protect your account from significant losses and manage your trades effectively.
RoboForex Additional Features
Another great feature is access to R StocksTrader, a unique platform allowing you to automate your trading without coding or additional software. This can be a game-changer for those looking to streamline their trading process and use automated strategies.
In our expert opinion, RoboForex stands out because of its comprehensive features catering to new and experienced traders. The combination of a generous bonus system, robust risk management tools, and advanced trading platforms makes it a top choice for anyone looking to start or improve their forex trading journey.
Facts About RoboForex
| Feature | Information |
|---|---|
| Micro Account | Yes |
| Trading Platforms | MT4, MT5, cTrader, R Trader |
| Trading Instruments | Forex, Indices, Commodities, Cryptos, Stocks |
| Transaction Methods | Market execution, instant execution |
| Maximum Leverage | Up to 1:2000 |
| Speed | Fast |
| Regulation | FSC |
| Minimum Deposit | $10 (ProCent, Pro, Prime, ECN), $100 (RStocks Trader) |
| Spreads | From 0.0 pips |
| Commission | $0, depending on the account |
| Withdrawal Methods | Credit/Debit cards, bank transfers, eWallets |
| Customer Support | 24/7 live supports |
#2 SuperForex – Best for Low Minimum Deposits
At WR Trading, we recommend SuperForex for traders seeking the lowest minimum deposit requirements. With a micro account at SuperForex, you can start trading with just $1, making it incredibly accessible for beginners and those who want to test the waters without a significant financial commitment. This low barrier to entry allows you to explore trading without risking a large sum of money initially.
We are impressed with SuperForex’s offering of over 300 trading instruments, including forex pairs, metals, indices, stocks, and cryptocurrencies. This broad range gives you plenty of options to diversify your trading portfolio, allowing you to experiment with different markets and find your niche.
SuperForex also provides negative balance protection, ensuring you won’t owe money if the market turns against you. This is crucial for new traders who have not yet mastered risk management techniques. SuperForex stands out for its robust educational support. It offers a comprehensive suite of academic resources, including webinars, video tutorials, and detailed articles, to help you understand the market and improve your trading skills.
In our opinion, these resources are very beneficial for new traders who are still learning the ropes. The webinars cover various topics, from basic forex concepts to advanced trading strategies, and are conducted by experienced traders and analysts.
SuperForex Additional Features
Additionally, SuperForex provides a demo account that you can use to practice your strategies risk-free. This is a great way to get comfortable with the platform and develop your trading skills before committing to real money. The demo account mirrors real market conditions, allowing you to test and refine your strategies in a realistic trading environment.
SuperForex also offers several account types for different trading styles and preferences. Their micro account, which requires a minimum deposit of just $1, is perfect for beginners. For more experienced traders, there are options like the Standard, No Spread, and ECN accounts, each with its own features and benefits.
We suggest SuperForex for its low entry barriers, extensive educational resources, a wide range of trading instruments, and excellent customer support. Whether you’re a beginner looking to start small or an experienced trader seeking diverse options, we believe SuperForex offers a supportive and flexible environment to help you succeed.
Facts About SuperForex
| Feature | Information |
|---|---|
| Micro Account | Yes |
| Trading Platforms | MT4, MT5, WebTrader |
| Trading Instruments | Indices, metals, oil, currency pairs, stocks, cryptocurrencies |
| Transaction Methods | Visa, MasterCard, OnlineNaira, BitWallet, AstroPay, M-Pesa, UnionPay, Skrill, STICPAY, Neteller, FasaPay, Perfect Money, MTN, Zamtel Vodacom, cryptocurrency, bank transfers |
| Leverage | 1:3000 |
| Speed | Fast |
| Regulation | IFSC, FCA |
| Minimum Deposit | $1 |
| Spreads | From 0.1 Pips |
| Commission | Up to 25% less commission rates |
| Withdrawal Methods | Credit/Debit cards, Cryptocurrencies |
| Customer Support | 24/7 live support |
#3 XM – Best Broker With No Requotes
At WR Trading, we highly recommend XM for its exceptional micro account offerings. XM provides access to over 50 currency pairs with spreads as low as 0.6 pips, making it accessible and attractive for new forex traders. With a minimum deposit of only $5, the micro account allows beginners to start trading without significant financial commitment. Each lot in the account is worth 1,000 contracts — perfect for gaining experience with small trades.
We appreciate that XM offers 10 different base currencies, including USD, EUR, GBP, and JPY, which provide great flexibility in trading. While XM doesn’t have a proprietary trading platform, it compensates by offering MetaTrader 4 and MetaTrader 5.
What sets XM apart, in our opinion, is its wealth of educational resources. You get daily professional market research, a weekly economic calendar, forex webinars, and in-depth educational videos. We believe these resources are invaluable for new traders looking to understand the market better and develop their trading skills.
Additional XM Features
XM offers a $100,000 demo account that you can reset whenever you want. We think this makes it easy to practice and refine your strategies without any financial risk, ensuring you’re well-prepared when you start trading with real money.
Overall, we recommend this broker for its user-friendly features and strong support network that helps traders grow and succeed. Whether you’re just starting out or looking to enhance your trading skills, we believe XM provides a comprehensive and supportive environment to help you achieve your trading goals.
Facts About XM
| Feature | Information |
|---|---|
| Micro Account | Yes |
| Trading Platforms | MT4, MT5, WebTrader, XM App |
| Trading Instruments | Forex, Indices, Commodities, Stocks, Shares, Metals |
| Transaction Methods | Market Execution, Instant Execution |
| Maximum Leverage | Up to 1:1000 |
| Speed | Fast |
| Regulation | CySEC, FSC |
| Minimum Deposit | $5 |
| Spreads | From 0.6 pips |
| Commission | $3.5 per lot |
| Withdrawal Methods | Credit/Debit Cards, Bank Transfers, eWallets |
| Customer Support | 24/7 live support |
#4 FBS – Best for High Leverage Options
At WR Trading, we recommend FBS for traders looking for high-leverage options. FBS offers leverage up to 1:3000, allowing you to control larger positions with less capital. Although it comes with increased risk, this can significantly enhance your trading potential, so it’s essential to use leverage wisely.
FBS provides a micro account that is perfect for beginners. You can start trading with a minimum deposit of just $5, making it accessible for those new to forex trading.
One of the standout features of FBS is its extensive bonus programs. They offer various promotions, such as a 100% deposit bonus, which can double your trading capital and give you a significant boost. Additionally, FBS has a loyalty program where you can earn points for trading and exchange them for valuable rewards.
FBS supports multiple trading platforms, including MetaTrader 4 and MetaTrader 5, which are well-known for their reliability and advanced trading tools. These platforms offer features such as automated trading, advanced charting capabilities, and a wide range of technical indicators, which are crucial for making informed trading decisions.
Overall, we suggest FBS for its high-leverage options, extensive bonus programs, and reliable trading platforms.
Facts About FBS
| Feature | Information |
|---|---|
| Micro Account | Yes |
| Trading Platforms | MT4, MT5 |
| Trading Instruments | Forex, Indices, Commodities |
| Transaction Methods | Market execution, instant execution |
| Leverage | Up to 1:3000 |
| Speed | Fast |
| Regulation | CySEC, FSC |
| Minimum Deposit | $5 |
| Spreads | From 0.7 pips |
| Commission | $0, depending on the account selected |
| Withdrawal Methods | Credit/Debit cards, eWallets |
| Customer Support | 24/7 live support |
What Is A Micro Account?
A micro account is a type of trading account that allows you to trade small amounts of currency. In a micro account, you trade in micro lots. One micro lot is 1,000 units of the base currency. Let’s break that down with a simple example: If you are trading the EUR/USD pair, a standard lot is 100,000 units of EUR. A mini lot is 10,000 units, and a micro lot is 1,000 units. So, if you buy 1 micro lot of EUR/USD, you are actually buying 1,000 euros.
This is perfect for new traders because it reduces the risk and lets you get comfortable with trading without needing a large investment.
Let’s say the EUR/USD exchange rate is 1.20. This means 1 euro equals 1.20 US dollars. When you buy 1 micro lot (1,000 euros), you spend 1,200 US dollars (1,000 euros * 1.20).
We believe this small size makes micro accounts a great way to start learning about forex trading. You can practice and develop your strategies with lower financial risk. For instance, if the market moves against you, the loss is smaller than trading standard or mini lots. This way, you can focus on learning and gaining experience without the stress of potentially large losses.
Micro accounts are also useful for testing new trading strategies. We suggest using them to see how your strategies perform in real market conditions. This hands-on experience is invaluable and helps refine your approach before scaling up to larger trading volumes.
In addition, many brokers offer micro accounts with low minimum deposits. This means you can start trading with as little as $5 or $10. We find this especially appealing for those who want to dip their toes into forex trading without a big upfront investment.
Essentially, a micro account is an excellent tool for new traders. It allows you to trade smaller amounts, manage risk more effectively, and gain practical experience. At WR Trading, we highly recommend starting with a micro account to build your confidence and skills in the forex market.
Is There a Difference Between Micro and Mini Accounts?
Yes, there is a difference between micro and mini accounts. Although they differ from cent accounts, they can both be considered small accounts. It’s important to understand the differences between micro and mini accounts to choose the right account for your trading needs:
Micro Accounts
A micro account allows you to trade in micro lots. One micro lot is equal to 1,000 units of the base currency. This is a great starting point for beginners because it lets you trade smaller amounts, which means lower risk.
For example, if you are trading the EUR/USD pair:
- 1 micro lot = 1,000 euros
- Suppose the exchange rate is 1.20; buying 1 micro lot of EUR/USD means spending 1,200 US dollars (1,000 euros * 1.20).
. They usually require a low minimum deposit, often as little as $5 or $10, making them accessible to almost everyone.
Micro accounts are ideal for new traders or those who want to test new strategies with minimal financial risk.
Mini Accounts
A mini account, on the other hand, allows you to trade in mini lots. One mini lot is equal to 10,000 units of the base currency. This is ten times larger than a micro lot, which involves higher risk and potential reward.
Using the same EUR/USD example:
- 1 mini lot = 10,000 euros
- Suppose the exchange rate is 1.20; buying 1 mini lot of EUR/USD means spending 12,000 US dollars (10,000 euros * 1.20).
Mini accounts are suitable for traders with more experience and are comfortable taking on more risk. They usually require a higher minimum deposit than micro accounts but still offer a lower entry point than standard accounts.
Key Differences
- Lot Size: Micro lots are 1,000 units, and mini lots are 10,000 units.
- Risk and Reward: Micro accounts have lower risk and reward, while mini accounts have higher risk and reward.
- Minimum Deposit: Micro accounts generally have a lower minimum deposit requirement, making them more accessible for beginners.
Which Should You Choose?
We recommend starting with a micro account if you are new to forex trading. It allows you to learn and develop your trading skills without risking large amounts of money. Once you gain confidence and experience, you can consider moving up to a mini account for greater potential returns.
We believe it’s crucial to match your account type with your trading experience and risk tolerance.
Start small, learn the ropes, and gradually increase your trading volume as you become more comfortable and skilled in the market.
Minimum Deposit for Micro Accounts
At WR Trading, we understand that the minimum deposit requirement is a key factor when choosing a micro account, especially for beginners. Micro accounts are designed to be accessible with lower financial commitments, making them an ideal starting point for new traders.
Typical Minimum Deposits
Micro accounts usually have very low minimum deposit requirements, often ranging from $5 to $50. This low entry point allows you to start trading without a large upfront investment. The right trading broker is essential to save costs and ensure quick order execution.
Examples of Minimum Deposits for Popular Brokers
Here are the minimum deposits required by some of the popular brokers offering micro accounts:
- RoboForex: The minimum deposit is just $10, making it easy to begin trading and testing strategies with minimal financial risk.
- SuperForex: Requires a minimum deposit of $1, which is one of the lowest in the industry, making it highly accessible for everyone.
- XM: The minimum deposit is $5, which allows you to start trading with a small initial investment.
- FBS: Also offers a minimum deposit of $5, making it an excellent choice for those who want to start trading with very little capital.
Pros and Cons of Micro Accounts
Micro accounts are popular among traders, especially those new to the Forex market or wishing to trade smaller volumes. These accounts offer unique advantages but also come with certain drawbacks. Here’s a detailed look at the pros and cons of micro accounts:
Pros
- It allows you to trade smaller amounts, reducing potential losses.
- Low minimum deposit requirements make it easy for beginners to start trading.
- It is ideal for testing trading strategies without significant financial commitment.
- Smaller trade sizes help manage risk more effectively
- Smooth transition from demo accounts to live trading with minimal capital
- Suitable for traders with limited funds or those who want to trade cautiously
Cons
- Smaller trade sizes mean lower potential profits
- Transaction costs can be higher relative to trade size
- Slower growth in account balance due to smaller trade sizes
Conclusion
At WR Trading, we believe choosing the right micro account broker is crucial for trading success. After comparing the top options, we have highlighted each one’s unique features and benefits to help you make an informed decision.
Each micro account broker we reviewed is unique, and the best choice depends on your individual needs and trading goals. We encourage you to consider what features are most important to you and choose a broker that aligns with your trading strategy. By doing so, you’ll be well on your way to a successful trading journey.
Once again, these are the best Micro Account Forex Brokers:
- RoboForex – RoboForex offers a user-friendly platform and a wide range of trading instruments, making it an excellent choice for both beginners and experienced traders
- SuperForex – Provides extensive bonus programs with low minimum deposit requirement
- XM – Beginner-friendly with helpful educational resources
- FBS – Offers various promotions and bonuses
Frequently Asked Questions on HFT Brokers
Are Micro Accounts Suitable for Day Trading Strategies?
Yes, Micro accounts are suitable for day trading, but it’s important to consider a few factors. While they offer smaller trade sizes and lower initial deposits, which are advantageous for frequent trading, the execution speed, and spread costs may vary among brokers. So, ensure the broker’s platform supports fast execution and offers competitive spreads to facilitate day trading effectively with a micro account.
Can You Upgrade from a Micro Account to a Standard One With The Same Broker?
Yes, many brokers allow you to upgrade from a micro account to a standard account as your trading experience and capital grow. The process generally involves submitting a request through your broker’s platform or contacting customer support. Requirements for upgrading may include meeting minimum deposit thresholds and possibly fulfilling certain trading volume or account activity criteria.
What Are The Typical Transaction Costs Associated with Micro Accounts?
Transaction costs for micro accounts primarily include spreads, which are the difference between the buying (ask) and selling (bid) prices of currency pairs. Some brokers may also charge commissions per trade, especially for certain types of accounts or trading platforms.
Additionally, overnight financing costs (swap fees) may apply if you hold positions overnight. Understanding these costs upfront helps in evaluating the overall expenses and profitability of trading with a micro account.
What Are The Liquidity Conditions for Microaccount Trading?
When you trade with a micro account, liquidity conditions are about how easy it is to buy or sell currencies without big price changes. Good liquidity conditions mean there are lots of buyers and sellers, so your trades can be done quickly and at stable prices.
This helps ensure your trades go smoothly and cost less. You can expect better prices and faster trade execution if the broker has good liquidity. Always choose a broker with strong liquidity to improve your trading experience.
