Hi i want to start trading small, and im based in the UK. I would like to open an mt4 account as im used to using it in demo, so i feel comfortable with it.
I would ideally want to deposit £50 (but alot of brokers require a larger minimum deposit size). I think i should be trading micro account with pip size of about 5p-10p per pip or may even smaller becuase with such a small balance i wouldnt have the margin to cover having 4-5 trades running at the same time?
who should i go with, does anybody have ideas about a decent broker, mt4 and that allows such a small deposit and volume size?
thanks
I would ideally want to deposit £50 (but alot of brokers require a larger minimum deposit size). I think i should be trading micro account with pip size of about 5p-10p per pip or may even smaller becuase with such a small balance i wouldnt have the margin to cover having 4-5 trades running at the same time?
who should i go with, does anybody have ideas about a decent broker, mt4 and that allows such a small deposit and volume size?
thanks