Mini-Forex accounts

With mini forex accounts you can trade the forex market with small to medium size trading capital.Mini forex accounts describe an account within a forex brokerage that offer the ability to participate in Forex with fractional minimum account size compared to the real forex accounts.

Because the trades placed with mini FX accounts are placed outside of the interbank forex market (due to their size), the marketmaker for the mini trading lots is usually the same brokerage that you have the mini forex account with.

But, because the brokerage can hedge risk effectively in the interbank market, they can (usually) also offer comparative spreads and comparative market prices to the actual forex markets.

However, typically there are differences in rollover rates (rates paid to or subtracted from an account held overnight) that can affect your trading performance. For this reason, it usually pays off to shop around among mini FX accounts to find the best rates on overnight positions (in addition to the most competitive spreads).