Trade Gold Trading

Can I Start with $250 for Mini Account?

Traders starting with $250 can use a mini account. It suits beginners best. Open a $250 account. Start live trading with $250.

The Mini xauusd account is a account type where the gold traders open trades using Mini lots, the Mini contracts are equal to 1 tenth of the standard lot. This Mini contracts/lots are fractions of the standard lots. Traders trading using the Mini Account can make a small deposit for example $250 deposit and use leverage provided by the Mini account to trade the trading Mini lots.

For example illustration, with the leverage option of 100:1, one can borrow $100 from their online broker for every $1 dollar in their account - meaning if they have $250 in their account - they can borrow $250*100:1 leverage = $25,000 dollars after leverage. Traders then can use this $25,000 dollars in their margin account to open and trade Mini contracts.

To gain a deeper understanding of leverage and margin requirements for trading accounts - Consult the subsequent XAUUSD tutorial resources:

Examine More Tutorials and Lessons:

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