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In Forex trading there is something called, a Mini Account, and it uses a different leverage calculation than a regular (100k) account. This is, instead of trading full-size currency lots (100,000 units), you'll trade in lots that are just 1/10 the size (10,000 currency units), which in turn greatly reduces your risk. Pips in a Mini Account are worth, on average, $1 instead of the $8 to $10 value they have in a regular account. The Mini Forex account offers up to 200:1 leverage, this means that just a $50 margin deposit will allow you to trade lots worth roughly $10,000 , but the smaller lot sizes, with correspondingly smaller pip values, means that you'll be assuming less total risk. For example, while a 20-pip loss on a 100,000 USD/JPY position would be $200, the same loss on a 10,000 USD/JPY position in a Mini account would amount to $20.
Here you have an overview of leverage (Margin, Account Size) on each of the two accounts discussed above:
100K (Regular Full-sized Account)
- Minimum required account deposit = $2,000
- Recommended required account deposit = $5,000 to $10,000
- Traded in 100,000-unit currency lots
- Default Margin: set at 1% ($1,000 per lot)
- Leverage = 100:1 or 50:1 (if margin is set at 2%)
Mini Account
- Minimum required account deposit = $300
- Recommended required account deposit = $2,000
- Traded in 10,000-unit currency lots
- Default Margin: set at 0.5% ($50 per mini-lot)
- Leverage = 200:1
There is no downside to trading a mini account , you will be still enjoying all the benefits that full-size FX account holders enjoy; including, same state-of-the art trading software, charts, resources, and tools, etc. This mini accounts are ideal for a new Forex trader to develop a disciplined, rational forex trading strategy without excessively focusing on profits and losses.
Also there is no maximum trade volume when you use a mini account. Although the standard trade size is 10,000 units, you are not limited to trading one lot. For instance, you can trade 10,000 units, 50,000 units or 200,000 units. This means as you become more seasoned and build up confidence you can slowly increase the size of your positions to maximize profits. In fact the trade size of 10,000 units allows for more flexibility in terms of customizing the size of your trade. The ability to customize the size of the trade allows you to have a better risk management.
With less capital at risk in a Mini FX account, it is easier for you to develop a disciplined trading methodology, as well as the confidence needed to be a successful currency trader, without the anxiety and distractions that come with large Profit and Lose swings.
Adrian Pablo; Forex trader and freelance writer.
You can download a free Fibonacci trading report at his website: [http://www.1-forex.com]
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UV-Protective Stretch Nylon Half-Zip Pullover $19.95 "We designed this versatile plus size pullover to protect you from the sun. It does that beautifully with UPF 50 and the highest possible UV rating. But then we noticed how versatile it is! We cut this plus size jacket long with princess seams to give you a flattering plus size jacket over plus size leggings and even a plus size bathing suit swimsuit on the beach. The arms are cut full for air flow, and roll up with tabs, and it has side slits for easy moving. This womanly plus size jacket also serves as a wind breaker jacket and is a perfect travel companion, ready for any activity, or those casual walks on the beach. Front slit pockets, quarter zip neckline " |
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Seashell Lined Swim Short $29.95 "From sand volleyball, to castle-building, to your favorite aqua class, these flattering, full-cut shorts are simply-- just right! The built in brief has a comfortable plus-size fit and a conservative leg opening. When you step into the hot tub, the air caught between the layers escapes through Junonia’s exclusive Bubble Vent design! These stretchy shorts feature a fully covered no-chafe elastic waist. Sun protective fabric protects sensitive thighs. Embroidered with a Junonia seashell, your guarantee of exceptional fit and quality. Mix and Match. 50 UPF UV Sun Protection. " |
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AquaSport Crossback Tank Dress $129.95 "Such a secure feeling! A full inner tank suit lines this longer A- line swim dress with cute front slits and figure-flattering princess seams. Inside is an around-the-body powermesh shelf bra with soft under-bust brushed elastic. The front zipper is chafe-free with soft backing, and it allows for easy on and off. Add the special Junonia plus size cross back with keyhole and you have the most flattering swim dress all around! Top layer is carefully stitched to under tank to avoid the dreaded “float-up effect.� Armholes and neck are carefully fit and bound for no-chafe coverage and freedom of motion. 50 UPF UV Sun Protection." |
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Seashell Shirred Neckline Longer Swim Dress $119.95 "You’ve never felt this secure and happy in a swimsuit! This swim dress has everything you’ll love, including a longer length. Start with the lovely shirred detail neckline, and add princess seams, and slight A-line shape to your curves, with cute front slits for ease of motion. Slightly higher necklines front and back ensure swim ability and maximum flattery. Underneath is a full inner tank suit for complete comfort. Extra plus size bust support from the around- the-body QuikShape powermesh shelf bra with no-chafe bushed elastic band. 50 UPF UV Sun Protection. (Also available in a 33.5� shorter length, see style Style #537319.)" |
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Reversible PerfecTemp Fleece Double Warm Vest $49.95 "Campers, bikers, bird watchers, early morning walkers! Don’t miss out on this fabulous deal! Two full layers of top-quality, beautiful- feeling PerfectTemp plus size fleece. And if you get this hard-working womanly vest dirty—it just reverses to another cute look! Zip pockets on BOTH sides (we think of everything!) Bonfires on the beach, Bananagrams in the tent, running errands, and cheering on your team! And on that long car-ride home, you can loan it to the kids for a back seat pillow! You’ll love the colors and prints. Have fun reversing to reflect your mood. This carefully constructed plus size vest has top-stitched detailing throughout, two-way zipper at the front, and is beautifully trimmed in black all around. Zippered hand pockets have a smooth non-bulky tricot lining. Embroidered with Junonia Spirit logo at top of hood. " |
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Packable Pinapple Fit Pant $29.95 "Straight leg design with a fuller cut makes these active pants an ideal fit for women with a classic curvy shape and an all-around full figure. Lightweight, wrinkle-resistant knits in a soft, cling-free fabric contain a touch of spandex for durable comfort for walking, yoga or casual wear. Full elastic waistband, side seam pockets. " |
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Packable Knit Crew Neck Tank $9.99 "Classic tank top features bust dart on neckline for great fit and full coverage. Our lightweight, wrinkle-resistant knits contain a touch of spandex for light, cling-free support and a “memory� that retains its shape even after repeated washings. " |
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Packable Pear-Fit Sport Pant $29.95 "Fuller hip design and soft support make these active pants an ideal fit for women with a inchpearinch shape: wider figure below the waistline. The soft, cling-free fabric of this lightweight, wrinkle-resistant knit contains a touch of spandex for durable comfort for walking, yoga or casual wear. Full elastic waistband, side seam pockets. " |
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QuikWik Mesh Tank $69.95 "The innovative design of this sporty, fitted tank includes a built-in shelf bra for extra support and a small back keyhole detail for fun flair. Racerback design allows a full range of motion. QuikWik Mesh accents at the curved side and neckline insets are flattering and cooling. Flatlock seams at neckline and armholes prevent chafing. " |
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AquaSport Swim Short with Brief $39.95 "These comfy and multi-purpose shorts are equally great for pool and play; from jogging to seashelling on the beach. Inner built-in brief has an easy yet supportive fit with a conservative leg. The mid-thigh outer short is full and flattering, with no-chafe, fully encased elastic. When you step into a hot tub or pool, the exclusive BubbleVent lets out any air caught between the layers. The special AquaSport fabric is fast-drying and nearly impervious to chlorine. Why? This fabric builds stretch into the knitting process and uses NO spandex for maximum chlorine and fade resistance. You’ll love these plus size shorts – for a very long time! Mix and Match. 50 UPF UV Sun Protection. " |
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AquaSport Crossback Tank Suit $99.95 "Here are the two best reasons to buy this suit. First, it looks great on and feels equally good, with amazing support. We designed the cross back to flatter your back with a cute cutout, but more importantly, to be easy on-and-off. In addition, we designed it with full coverage at the underarm and leg, but with without any restriction of movement. The front double fabric shelf bra connects to the back strap system for nice control in this very popular plus size suit. But the second reason you’ll love this suit is that it lasts longer than any other suit you’ve ever worn. Aquasport has NO spandex, so it can’t break down the way most suits do in chlorine. It dries very fast, and fades very slowly. The “mechanical� stretch is comfy, but not quite as controlling as our spandex/lycra options. 50 UPF UV Sun Protection. " |
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High-Waist Ski Pant $149.95 "The perfect choice for serious warmth. Designed to keep cold and snow out! Stretchy rib knit side panels allows easy movement without any extra bulk. Full cut for easy movement, we have used a low bulk hi-warmth insulation for a sleek look. Removable elasticized suspenders feature front loops for easy removal and a D-ring. Innovatively designed, these plus size pants are windproof and waterproof using quiet fabrics. Beautifully constructed with all the details you want. Snap placket at leg reveals hidden leg gaiters with sealable side openings. Gripper elastic leg openings keep the snow out. Front zip fly features flap-and-snap closure for easy on and off when you head in to the lodge. Crotch gusset for a comfortable fit. Water-resistant zippers, scuff guards, zipper pockets and zipper vents, reticulated knees. Fully seam-sealed for waterproof play all day, no matter the weather!" |
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Hidden Adjustable Comfort Waist Classic Twill Pant $39.95 "This Classic twill style has an inner life! It adjusts to your waist with an enclosed sliding elastic that moves with you. A comfort fit in a pant that dresses up or down. No wonder it has been a long-time customer favorite. Generous side slash pockets, belt loops, and two welt pockets at the darted back. Full at the hip and thigh ending in a not-too-wide straight leg. " |
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QuikEnergy Color Block Tankini Swim Top $89.95 "Fresh and fun on the beach and in the pool. Sporty and close-fitting tankini top features a racer back design with a keyhole cut out for a full range of motion. Color block details and contrast color chafe-free flatlock princess seams. Inside is an around-the-body supportive shelf bra. Quick-drying, moisture-wicking QuikEnergy has an extra-high Lycra content for excellent support. Mix and Match. 50 UPF UV Sun Protection. " |


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