Brokers Updates
Are You Promoting Micro Lots Yet?
Monday, 25 January 2010 09:50
eToro forex broker has released a new version of their groundbreaking platform with a new exciting feature: micro lot trading.
Details:
Micro lots enable traders to buy and sell smaller amounts of currency with each trade. Whereas a standard mini lot contains 10,000 currency units a mini lot is comprised of only 1,000 currency units.
This means that beginners can now open trades with as little as $2.5 of initial investment!
Example:
1,000 units of EUR/USD divided by a leverage of X400 will result in a $2.5 trade amount needed to open such a trade.
Benefits:
1. Ten times more trades.
2. Better money management with smaller investments
3. With $100 deposit, as little as 2.5% is needed to start trading!
eToro affiliates can use this new feature to market eToro platform and increase affiliate profits. New micro lot feature is very appealing to any novice trader, since now with a small deposit of $50 in their eToro account, traders can get a lot more market action for their money.
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