There are a number of different types of Forex brokers online and one of the most interesting things about these brokers is that a lot of them are now offering what has been referred to as mini Forex trading. Forex trading, for the longest time, was a function of a person having at least a couple of thousand dollars to invest in their Forex trading in order to get control of $100,000 in margin money to trade. When you consider all of the different Forex brokers that are around, this really meant that many people were left out in the cold and thus the recruitment by the brokers suffered.
In response to this suffering recruitment, there was the feeling that the brokers needed to get more people. The best way to get more people is to lower prices and because of that the concept of a mini account was born. People that are interested in mini accounts are people that are interested in Forex but are looking to pay a little less than the few thousand dollars. Many people can start mini accounts with just $250 and still have control of up to $10,000 to make their Forex trades with. Here is a list of some of the brokers offering mini accounts.
Forex Mini Broker #1
There are a number of different online brokers available to people, but the folks at forex are probably the most innovative and interesting when it comes to online Forex trading. There are a number of different people that trade with Forex HSI and the reason they are so popular is because they do a very good job of playing to the average Joe that just wants a very small piece of the action. Forex HSI allows you to start a mini account with just $100; something that not very many other online Forex brokers encourage.
Forex Mini Broker #2
Of course, many of the people you talk to, if they have already tried and approved of an online Forex trading website, will probably have something to say about money forex. Money Forex is one of the most trusted traders in the online business and because of that many of the people that MF employs are fiercely competitive about getting their jobs done right. This improves customer service, makes order filling lightning quick and has a great number of other positive effects.
Forex Mini Broker #3
Mrkets is the home to advanced currency management, one of the newer Forex brokers on the market. Their persistence certainly has to be admired as they have taken the plunge and lunged in to compete with the many other already established Forex agencies around the planet. Internet presence is a big deal of course and these guys not only have a very good internet presence, but they keep their internet presence positive with excellent customer service and good software packages. Many people have tried out ACM in scepticism and have quickly changed to becoming very big fans of the software. Their popularity looks like it is only growing and with their $250 mini accounts, they certainly have the proper tools in place.
