NEWS & ANALYSIS

eToro launched a new version of their groundbreaking platform with a new very useful feature – micro lot trading.

Micro lot trading is a great option for beginners, since it allows traders to buy and sell smaller amounts of currency with each trade.

Explanation:

Micro lots enable traders to buy and sell smaller amounts of currency with each trade. Whereas a standard mini lot contains 10,000 currency units a mini lot is comprised of only 1,000 currency units.

This means that beginners can now open trades with as little as $2.5 of initial investment!

Example: 

1,000 units of EUR/USD divided by a leverage of X400 will result in a $2.5 trade amount needed to open such a trade.

Benefits:

1.     Ten times more trades.

2.     Better money management with smaller investments

3.     With $100 deposit, as little as 2.5% is needed to start trading!

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