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tutorial page: |
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Mini
Forex Trading
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ATLANTIC FX Mini account was designed for those who are new to the
forex
market. The Mini forex account trades in smaller contract sizes of
1,000 units. This trade size gives traders the opportunity to trade
live with
less overall risk or exposure to the market. In addition, the Mini
account allows traders to become familiar with ATLANTIC FX, more
specifically the quality and reliability of ATLANTIC FX dealing
practices and the stability of the Atlantic FX WinTrader Trading
Platform. |
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Important
of Trading Strategy
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Many
traders will hold on to losses hoping it will reverse eventually, only
to see the loss get progressively larger. The trading decisions are
based on emotional reactions to fluctuating profits and losses, a
common pitfall for new traders.
Because
the pip value on the
Mini Account is just $0,1 per pip, traders can focus on developing a
disciplined trading strategy, basing decisions on pip movement and
market conditions NOT P/L.
For
Example: When trading a
ATLANTIC FX Mini account, a 50-pip floating loss is approximately
$5. By starting with a Mini account- a trader loses
only a small amount on every losing transaction making it easier to
stick to a disciplined trading strategy. Generating larger losses on
the Standard Account can be detrimental to new traders as the
temptation to hold on to the loss is much greater based on the size of
the loss.
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Start
Small with 1,000 units.
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is NO MAXIMUM trade volume on the ATLANTIC FX Mini forex account. The
standard default trade size in the platform is 10,000 units which
equivalent to one standard lot. Therefore, for mini lot you need to
adjust it to 0.01 lot in order to place 1,000 units. For instance, you
can trade 1,000 units, 5,000 units or 15,000 units. This means as
you become more experienced and build up confidence you can slowly
increase the size of your positions to maximize profits. In fact the
trade size of 1,000 units allows for more flexibility in terms of
customizing the size of your trade. The ability to customize the size
of the trade enables better risk and account management. To place trade
for mini lot, please change the lot amount setting to 0.01.The current
default setting is 1 standard lot. The default setting located in the
Total Account(s) Equity Window under "DA". |
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Ideal
for Beginners
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| ATLANTIC
FX
recommends that all traders with account balances less than $1,000
trade a Mini account. This gives you more staying power in the market,
and the ability to take advantage of multiple opportunities without
over-leveraging your account. Even if you are correct on the direction
of the market, minor fluctuations can generate a margin call and
liquidate a good position. |
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Open
a Mini Forex Account Today!
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For
just $25, you can open and fund
a live ATLANTIC FX mini account
with the following convenient funding options:
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