Trading on mini account in Forex

One of the advantages in Forex trading is that you can start small always. With FOREX, you can invest in foreign currencies for as little as a $300 deposit with mini contracts. The smaller trade size enables you to take smaller risks and this is especially handful for beginners who wish to gain their trade experience in FX market.

However, this benefit is not available with stock trading. Most stock brokerages do not allow you to invest in odd lots, but only in blocks of 100 shares at a time. With many stocks valued at between $20 and $500, which can mean an investment of $2,000 to $50,000 or more.

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