MT4 brokers that trade in micro-lots? | Forex Factory

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MT4 brokers that trade in micro-lots?

  • #1
  • First Post: Feb 24, 2007 4:43pm Feb 24, 2007 4:43pm
Can anyone point me to a broker that trades micro-lots ($1000 lots) AND uses MT4 (or has a FREE API). I know there will be a bunch of people that might suggest Oanda, but Oanda charges $600 a month for their API unless you generate $12,000,000 in trades a month. I may soon be there, but I don't like the idea of having to trade on an API where I don't even get to take a look at the "inards" without paying them. That means I lose time between the time I register with them and code and test the system before I can determine if it's viable...I'd much rather use an MT4 broker where I can demo trade the system and tweak it before I make it go live.

SO...the question remains...
- Any brokers that use MT4
- AND trade on MICRO-lots ($1,000)

...Please NOTE that I did NOT say MINI lots ($10,000). I want to trade MICRO-lots during the secondary testing phase (after demo, but before committing the entire account).

Please help.
  • #2
  • Feb 24, 2007 9:39pm Feb 24, 2007 9:39pm
FXDD.
  • #3
  • Edited Feb 25, 2007 7:08am Feb 24, 2007 10:37pm | Edited Feb 25, 2007 7:08am
pfgfxlite. I'm Introducing broker here. Pls visit { Link Removed} for all info about this broker and reward program.
  • #4
  • Feb 24, 2007 10:48pm Feb 24, 2007 10:48pm
InterbankFX has mini-accounts where you can specify a lot size of 0.01 lots -- which is equivalent to 1 mico-lot?
  • #5
  • Feb 24, 2007 11:36pm Feb 24, 2007 11:36pm
Quoting forexplayer
FXDD.
FXDD uses micro lots? seriously? 0.01 lots in MT4?
  • #6
  • Feb 25, 2007 12:36am Feb 25, 2007 12:36am
Quote
InterbankFX has mini-accounts where you can specify a lot size of 0.01 lots -- which is equivalent to 1 mico-lot?

This isnt accurate.

0.1Lots on InterbankFX's mini accounts is equivalent to $1K lots;
0.1Lots on InterbankFX's Standard account is equivalent to $10K lots.

Make sure to open MINI Account not the Standard.

BTW. InterbankFX has one of the best swaps in town too.
  • #7
  • Feb 25, 2007 12:52am Feb 25, 2007 12:52am
Quoting mrmikal
FXDD uses micro lots? seriously? 0.01 lots in MT4?
Yes sir. But you got to contact and request them for it.
  • #8
  • Feb 25, 2007 2:13am Feb 25, 2007 2:13am
Thanks for the correction : )

Quoting BurgerKing
This isnt accurate.

0.1Lots on InterbankFX's mini accounts is equivalent to $1K lots;
0.1Lots on InterbankFX's Standard account is equivalent to $10K lots.

Make sure to open MINI Account not the Standard.

BTW. InterbankFX has one of the best swaps in town too.
  • #9
  • Feb 25, 2007 3:03am Feb 25, 2007 3:03am
The InterbankFX also uses MT3 and has a free API with. The smallest unity to trade with API is 1 nano-lot: $100 for mini accounts, $1000 for standard accounts.


Jeff
For hiring me to program EA's, please PM me.
  • #10
  • Feb 25, 2007 10:30am Feb 25, 2007 10:30am
Thanks to everyone for the useful information.

This should be sufficient for my testing purposes.

Quoting forexplayer
Yes sir. But you got to contact and request them for it.
  • #11
  • Feb 25, 2007 1:19pm Feb 25, 2007 1:19pm
Quoting mrmikal
FXDD uses micro lots? seriously? 0.01 lots in MT4?
Yes.

Also these:

1WorldFX
Velocity4X
IBFX

Probably others out there too.

Tip: If you don't like Sunday bars, use a GMT +2 broker.
  • #12
  • Edited 7:19am Mar 3, 2007 5:45am | Edited 7:19am
They use MetaTrader 4 platform and offer micro forex ( 0.01 lot );
New European Intermarket Exchange ( Neuimex ) - Switzerland Based.
Accept deposit by Bank Wire, E-Gold, WebMoney.
  • #13
  • Mar 3, 2007 12:38pm Mar 3, 2007 12:38pm
Quoting mondros
They use MetaTrader 4 platform and offer micro forex ( 0.01 lot );
New European Intermarket Exchange ( Neuimex ) - Switzerland Based.
Accept deposit by Bank Wire, E-Gold, WebMoney.
Neuimex has been under investigation. All account funds were frozen during February by order of the Swiss Banking Commission. Use caution and investigate carefully.
  • #14
  • Mar 4, 2007 5:40am Mar 4, 2007 5:40am
Quoting mondros
They use MetaTrader 4 platform and offer micro forex ( 0.01 lot );
New European Intermarket Exchange ( Neuimex ) - Switzerland Based.
Accept deposit by Bank Wire, E-Gold, WebMoney.
Cool, but his leverage is maximum 100.
For hiring me to program EA's, please PM me.
  • #15
  • Nov 25, 2008 9:26pm Nov 25, 2008 9:26pm
any update on the MT4 brokers with micro lots?
I'm just moving clouds today - tomorrow I'll try mountains.
  • #16
  • Last Post: Nov 27, 2008 1:15pm Nov 27, 2008 1:15pm
Quoting awsl
any update on the MT4 brokers with micro lots?
Alpari offer micro lot too.
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