Dislikedif you are going to match the spread with the FXCM Standard Accounts.
You had an advantage of tighter spreads for your Micro's on TS II but you just gave that up.
You've got to stay competitive with the other brokers that now offer the MT4 platform for their Micro Accounts, imo.
Just throwing that out there as something to think about before the "you know what" hits the fan after raising your spreads.Ignored
Thanks for the post.
It's not advertised on our site, but MT4 accounts with a balance of at least $10,000 can request micro lots be enabled. Note, this will be setup as a standard 10k account with the ability to trade micro lots, rather than a micro account on MT4.
For the lowest transaction cost, traders can go through the Active Trader Program (http://www.fxcm.co.uk/active-trader.jsp) which can be setup on MT4, the FX Trading Station II or the Active Trader platform itself. Accounts with a balance of $25,000 or a minimum of 10 million in notional monthly trading volume qualify for the program.
-Jason