Mini Forex Accounts

Mini Forex trading has experienced a substantial growth spurt in the last few months and MCM brings the market to you with the same well known benefits that we provide with the standard size Forex contract.

The mini is valued at 1/10th the standard contract. In dollar terms, 1 (one) mini contract carries a value of $10,000.00 USD, compared to the standard contract of $100,000.00 USD.

The pip values for a mini Forex contract are also 1/10th the value bringing up a dollar amount of roughly $1.00 USD per pip on the Euro.

Using the same modest margin requirements of 1% or 100:1, you can see how the mini contract can be a useful teaching vehicle.

Minimum account value is currently $300.00 USD which is set by our compliance department. MCM does recommend a beginning account value of $750.00 USD but is not required. Remember that the same risks apply to the mini Forex contracts as to the standard Forex contracts.

MINI ACCOUNT
STANDARD ACCOUNT
Mini $25,000.00 USD per Contract Standard $100,000.00 USD per Contract
Pip Value $2.50Pip Value $10.00
3-4 Pip Spreads on Majors3-4 Pip Spreads on Majors
Min. Account Value $750.00 USDMin. Account Value $1,500.00 USD
1% -or- 100:1 Margin1% -or- 100:1 Margin
MCDFX Mini PlatformMCDFX Platform
Real Time News and Customer SupportReal Time News and Customer Support
Real Time Quotes and ChartsReal Time Quotes and Charts

 

 

For more information please contact us at 1-800-658-9780
Disclaimer: *Trading Foreign Exchange carries a high level of risk and may not be suitable for all investors. There is a possibility that you could sustain a loss of all or more of your investment therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with Foreign Exchange trading.