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Position Sizer
Calculate risk-based position size directly in your MetaTrader platform and execute a trade in one click or a press of a button.What Is Forex
Learn what Forex is and how it works from this simple explanation.Supertrend
Download the Supertrend indicator for MT4 and MT5 to detect trend changes based on the price action.Position Size Calculator
Calculate your position size based on risk, stop-loss, account size, and the currencies involved. A simple online calculator for quick results.Forex Brokers with Micro Accounts
Here you can find the Forex brokers that offer micro-lot accounts to their traders. One micro-lot is a hundredth of a standard lot, or 1,000 units of a currency. Despite its reputation, a micro-Forex account can be very useful even if you have enough trading capital for a standard account. It is much easier to implement conservative position sizing techniques with micro-lots. Some trading strategies require simultaneous creation of tens of market positions; in this case micro-lots will surely help to size and scale the positions adequately. Additionally, an option to open a micro account with a Forex broker can turn out to be useful if you want to test its execution, live accounts support and deposit/withdrawal speed without risking too much cash. You will find 242 brokers listed in the table below.
Here, you will find two valid reasons to trade with a broker offering micro- or nano-accounts:
- Your account is not big enough to tolerate bigger lot size.
- Your deposit is big enough, but you want more precision in your position sizing.
