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1 Pip = One U.S. Dollar 

Profits and losses are easy to calculate when trading on The Online Trading Company MINI Platform. In the EUR/USD and many other currency pairs, a one pip (or tick) movement in the exchange rate is equal to a one-dollar gain or loss in the account value per lot. Since many of our clients are new to online trading, Online Trading Company wanted to develop a product that contained the excitement of online trading without the risk of taking on positions in excess of $100,000. Our response is The Online Trading Company MINI.

With only a few hundred dollars, you can open a Online Trading Company MINI ACCOUNT . With a Online Trading Company MINI ACCOUNT, you trade using the same platform as our regular traders. The difference between the Online Trading Company MINI ACCOUNT and the regular trading account is the trading sizes, which are 1/10th the size of a regular account. On the Mini Online Trading Company trading platform all trades are executed in standard sizes of 10,000 base currency per one lot instead of the 100,000 in a regular trading account. 

The Online Trading Company MINI ACCOUNT enables clients to make trades for amounts significantly less than inter-bank sizes. As a result, offsetting these trades requires more effort by Online Trading Company than for a regular account. To compensate for the additional effort, Online Trading Company has slightly larger spreads on some currencies and adds a small commission charge. 

Currency trading involves the use of greater leverage than equities/futures/options trading. Profits and losses in currency trading can be much greater than in other markets. Although the Online Trading Company MINI ACCOUNT provides as much leverage as a regular account, clients have the opportunity to take smaller size positions, taking on less total risk. Until clients are completely comfortable trading foreign exchange on a highly leveraged basis, trading smaller amounts on The Online Trading Company MINI is highly recommended.

 

 

 

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