Micro Hand Broker is a great way to start your trading journey。But it's also important to find a company that operates under a regulator as trustworthy as ASIC.。

The number of lots may be one of the first things you notice at the beginning of forex training, the term "lot" refers to the size of a batch of trades controlled by a trader。Obviously, it's important to find the right number of lots for your trading activity, as the size of the lot directly affects the extent to which market movements affect your account。For example, a change of 100 points for a small hand does not feel the same as a change of 100 points for a large hand.。

Each broker has different rules for the minimum number of lots they allow, and sometimes they offer different account sizes to suit each trader's needs.。Generally, accounts are divided into standard, mini and micro hands.。If you are a beginner, micro-hand trading may be one of the best options, this type of account can make your account more flexible when prices fluctuate significantly。

In short, 1 microhand is equivalent to 1,000 units of base currency or 0.01 Hands。Due to its size, retail traders will be able to trade with less risk。

The biggest advantage of using a micro account is that it usually has no minimum deposit requirements。However, some micro-hand brokers sometimes also apply for a minimum deposit, although compared to other account types, this is a very affordable and beginner-friendly deposit。

ASIC Broker for Micro Hand Trading

It's not hard to see that the number of looking for micro-hand brokers is just too much。If you're looking to lower your trading costs, a low spread broker may be enough。Alternatively, if you are an Australian trader, you may need an ASIC regulated broker。Here are some of the best micro-hand brokers operating under ASIC regulations。

1. IC Markets

IC Markets is popular among all types of traders and is considered one of the best micro hand brokers in Australia。They are allowed to trade in their accounts as low as 0.01 lots of trading size, including original spread accounts (MetaTrader and cTrader) and standard accounts。

Despite offering stunning raw spreads, the ASIC-regulated broker's commission fees are relatively low, with cTrader costing just $6 per round and MetaTrader costing just $7 per round.。However, IC Markets has a minimum deposit of $200 for all trading accounts。

---

IC Markets International Capital Markets Pty Ltd.) an online forex brokerage company operated under。Traders under Australian jurisdiction offer trading services at IC Markets-AU, which is based in Australia and licensed by the Australian Securities and Investments Commission (ASIC).。

On the other hand, non-Australian traders who open accounts with the broker are registered under the Seychelles-based IC Markets SEY and are regulated by the Seychelles Financial Services Authority (SFSA).。This dual operation is the result of the Australian Securities and Investments Commission's relatively new rules, which prohibit its regulated brokers from providing trading services outside Australia.。

IC MarketsClassified as an ECN broker offering clients MetaTrader 4, MetaTrader 5 and cTrader as platform trading options。The broker also follows market trends with cryptocurrencies as one of its products, enriching its already wide selection of trading assets, including currencies, indices, metals, energy, software, stocks and bonds.。

IC Markets "minimum deposits are at a moderate level compared to other ASIC-regulated brokers, as each customer has a deposit of $200.。Market analysis materials are also regularly prepared for trading insights on the official website of IC Markets, proving their ability to provide traders with important content created specifically for the market experts they work for.。

For payment methods, IC Markets allows financing and withdrawals via wire transfers, credit cards, PayPal, Skrill, Neteller, FasaPay, UnionPay, and BitPay's Bitcoin。The more interesting aspect of the broker is its multiple base currencies, including the US dollar, Australian dollar, euro, British pound, Singapore dollar, New Zealand dollar, Japanese yen, Swiss franc, Hong Kong dollar and Canadian dollar。

Due to the trading technology of IC Markets equipped with highly centralized servers and extremely low latency (especially on cTrader), the broker is well known for its ability to host traders with special needs for high-frequency trading and order brushing。

In summary, IC Markets is the right destination for active traders looking for well-regulated brokers。IC Markets is also flexible in terms of base currency and payment methods, which demonstrates their commitment to welcoming traders from outside their home countries.。By the end of 2019, IC Markets was offering websites in 18 international languages, including English, Korean, Indonesian, French, Spanish, Italian, Malay, German and Chinese.。

2. TMGM

TMGM offers a variety of trading accounts that can be your excellent broker。Of course, they are also one of the best micro-hand brokers under ASIC's supervision.。The minimum number of lots for this broker is 0.01, very suitable for all kinds of traders, especially scalping traders。

---

The company was founded in 2013, owned and operated by Trademax Global Markets and headquartered in Australia and New Zealand。Although Australia is not the main focus of the trading industry, the online e-commerce business has a reputation among users on the continent, thus providing high leverage and low fees. The company currently operates in more than 150 countries and has a transaction volume of $195 billion.。

As an Australian-based financial services giant, TMGM is regulated by ASIC with license number 436416, FSP (New Zealand) license number 569807 and Vanuatu Financial Services Commission license number 40356.。

Over the years, TMGM has expanded its assets to cover more, offering clients a wide range of trading tools.。Today, customers can trade 50 currencies, 15 global indices, more than 12,000 global stocks, 3 metals, 2 energy and cryptocurrencies.。

There are two types of trading accounts: marginal accounts and classic accounts。All accounts offer the same features, such as automated trading, mobile trading, EA support, and a fixed spread with a minimum deposit of $100。

TMGM offers two high-quality trading platforms for customers who register real accounts, namely MetaTrader 4 and MetaTrader 5。MetaTrader 4 provides customers with one-click trading solutions, including in-depth analysis of the market。MetaTrader 5 is similar to MT4, but with more advanced options and basic efficiency upgrades, including additional time frames, multiple tools and depth of market (DOM) pricing。

Payment methods accepted by TMGM include wire transfer, Skrill, Neteller, Fasapay, Alipay, UnionPay, Tether (USDT) and credit / debit cards。Customers choose 5 different currencies to deposit, such as London, US Dollar, Euro, Pound Sterling or New Zealand Dollar Although there is a bank charge of US $20-30 if you use a bank withdrawal outside Australia, theAll withdrawals will be processed within 24 hours and there is no charge。

The company regularly posts news, tutorials and internships on YouTube, Facebook, Twitter, Instagram and LinkedIn, and brand ambassador Gianluigi Buffon regularly hosts free online webinars.。

TMGMAlso offers a training feature called TMGM Academy。The training course has three stages, from trading basics to advanced strategy coaching novices such as moving averages and Fibonacci extensions。

The dealer leaderboard will host a three-month trading competitionUpdated daily, the highest ranked trader at the end will receive a reward of up to $148,500.。For complete rules and terms and conditions please refer to the website information。

You can contact TMGM customer service via email and live chat, 24-hour service during weekdays。In addition, in order to enhance the accessibility experience for customers, TMGM provides website translation in Chinese, English, French, Indonesian, Italian, Portuguese, Spanish, Thai and Vietnamese。

Overall, TMGM's choice may be your best bet, as it offers not only forex and CFD trading for retail and professional traders, but also cryptocurrency trading, reaping the rewards of traders from around the world.。

3. FP Markets

Another ASIC-regulated micro-hand broker is FP Markets。The broker offers two account types, Standard Account and Original Spread Account。Fortunately, both accounts allow a minimum of 0.01 Trading。FP Markets also offers Islamic account options for most trading accounts。However, these options are only available for MT4 and MT5 trading platforms。

---

Maintaining an overnight position will not result in overnight / rollover fees reducing your income, so you don't have to worry about。FP Markets offers the most competitive swap rates in the industry by introducing swap points in the form of real-time swap rate listings on the MT4 and MT5 platforms。For example:

• ACWI: long position is -5.00, the short position is -2.50。
  ADAUSD: long position at -20.00, with a short position of -20.00。
  AGG: long position is -5.00, the short position is -2.50。

4. Pepperstone

Pepperstone is one of the best micro hand brokers designed to give you a comfortable trading experience。The minimum number of lots for this ASIC regulated broker is 0.01, perfect for scalping deals。In addition to this, Pepperstone allows hedging and EA trading, with the flexibility to adapt to various trading styles.。Pepperstone also offers multiple trading platform options。

---

Founded in 2010 by a team of experienced traders working together to improve online trading, Pepperstone is based in Melbourne, Australia and has grown into one of the world's largest forex brokers.。If a trader wants to find a broker that offers low spreads, fast execution and award-winning support, the answer is Pepperstone。

Pepperstone has strong legal safeguards as it is licensed by Australian regulators ASIC and FCA.。Traders "funds can be deposited into separate accounts at Australia's top banks, one of which is National Australia Bank (NAB).。Therefore, if a trader chooses to open an account in Pepperstone, the safety of funds is not an issue。

They successfully partnered with 23 top banks to bring bids to investors instantly via fiber optics, which enabled all orders to be executed 100% automatically with delays as low as zero..05 milliseconds, no need for trading desk intervention and re-quotation, and ultra-low transaction costs。

Pepperstone is trusted by more than 73,000 traders worldwide, processing an average of 125 per day..$500 million in trading volume and won awards for such things as:

• Best Forex ECN Broker and Best Forex Trading Support Worldwide 2019 (Europe)
  Best Australian Broker and Best Trading Platform 2018 by Compare Forex Brokers
  2018 UK Forex Awards Best Forex ECN Broker, Best Forex Trading Support and Best Forex Trading Conditions

With numerous awards, Pepperstone attracts more and more traders from all over the world。Pepperstone's performance rose not only because of its ultra-low spreads and fast execution services, but also because many traders were keen to trade in currencies other than the US dollar.。

As a result, Pepperstone is one of the most responsive brokers to the market because it is willing to accept deposits in 10 currencies, including the Australian dollar, the US dollar, the euro, the Canadian dollar, the British pound, the Swiss franc, the Japanese yen, the New Zealand dollar, the Singapore dollar and the Hong Kong dollar.。

Pepperstone allows traders to choose between 11 trading platforms: MT4 Desktop, MT4 Mac, MT4 iPhone, MT4 Android, MT4 iPad / Tablet, MT5, WebTrader, cTrader WebTrader, cTrader cAlgo and cTrader Mobile。The choice of trading platform is very practical for novices because it executes quickly。

When trading Forex, traders can enjoy 0 on their Razor account.0 pip original spread, over 61 currency pairs, and commission-free account funds for various deposit options。In addition to currency pairs, Pepperstone offers several types of trading tools, including indices and stocks, commodities and cryptocurrency CFD。

Commodity trading tools are very diverse, not only metals, gold and silver, but also soft commodities such as cotton, sugar, coffee, cocoa and orange juice.。Pepperstone also offers energy (oil and gas) trading.。

Pepperstone offers two types of accounts, Razor accounts and Standard accounts。If you are a beginner, it is recommended to choose a EUR / USD average spread of 1.0-1.3 point and commission-free standard account。

Traders with specific trading styles (such as scalping traders and algorithmic traders) may enjoy the traditionally lower-cost setup of Razor accounts, with a trading commission of 7 Australian dollars and a trade of 100,000 US dollars per round..01 (micro) and 1: 400 leverage to start trading。

As Pepperstone customers, traders can deposit and withdraw money through Visa, Mastercard, POLi Internet Banking, Bank Transfer, BPay, PayPal, Neteller, Skrill and Union Pay。

If you are new to trading or want to practice your trading skills in a risk-free environment, you can create a demo account, but if you are experienced or prefer to learn by doing, Pepperstone offers live accounts that allow you to trade with real-time execution and pricing.。

Traders can also use third-party services to follow popular trader scenarios while learning how to improve their trading abilities。Pepperstone works with a range of social trading platforms for traders to choose from, such as Myfxbook, ZuluTrade, Mirror Trader, MetaTrader Signals and Duplitrade。

5. GOMarkets

GOMarkets is a micro-lot trading broker with leading technology, tools and order execution。The broker has powerful features to provide the best conditions for your trading experience。With a minimum deposit of $200, GOMarkets is one of the most affordable ASIC regulated brokers you can get。In general, the broker offers two trading account types for you to choose from: standard account and GO Plus + account, both of which allow up to 1: 500 leverage, EA trading and scalping trading。

---

Go Markets is an Australian broker founded in 2006.。Go Markets is also licensed by the Australian Securities and Investments Commission (ASIC) under number AFSL 254963.。Go Markets has established partnerships with various experts in the securities and derivatives field around the world, so it can provide better services to customers by introducing these expertise。Go Markets is known for having branches in the UK, Taiwan and Hong Kong。

Go Markets is committed to providing the best service to customers by perfecting technology, improving service and customer education。In addition, Go Markets is willing to continuously provide customers with the best trading experience through reliable customer service, transparent pricing, low-latency trade execution and platform stability。

When it comes to trading, the right platform is needed to trade perfectly。GO Markets offers traders powerful MetaTrader 4 and MetaTrader 5 as a desktop and mobile trading platform。As Go Markets is recognised as Australia's first MT4 broker, they have made some improvements by adding MT5 and a web-based trading platform to meet customer demand for the right platform.。

The mobile version of MT4 allows novice and experienced traders to trade, analyze the market and easily access all EA trades anytime, anywhere。The main difference between MetaTrader 4 and MetaTrader 5 and their related mobile trading platforms is that MT4 is primarily a foreign exchange trading platform, while MT5 is a multi-asset CFD trading platform.。In addition, the internationally trusted Go Markets Metatrader 4 platform offers the following advantages:

• No trading desk involved
  Point difference 0.From 5: 00
  Leverage up to 500: 1
  No hedging restrictions

By opening an account in GO Markets, traders will have access to the most advanced and powerful trading tools in a range of markets when trading online CFDs。Traders who have just started trading can become familiar with the broker's trading platform and tools by honing their skills in a demo account at GO Markets.。

For those who want to start real trading, GO Markets allows the flexibility to trade a range of forex and CFDs, including stocks, commodities, indices and cryptocurrencies, via the MetaTrader 4 and MetaTrader 5 platforms.。

Go Markets is very pleased to announce that they will soon use Currenex technology (the birth of Currenex interbank liquidity) to provide more liquidity to customers.。

GO Markets simplifies the transfer of funds from customers through the customer portal, where they can open accounts and deposit funds in nine currencies (USD, GBP, EUR, NZD, SGD, CHF, CAD, HKD, AUD), while deposits and withdrawals can be made by bank transfer or electronic payment (FasaPay, Neteller and Skrill), and GO Markets does not charge any internal deposit fees using Visa / Mastercard, Skrill。

Finally, Go Markets also secures customers "money by maximizing the protection of their privacy and financial information, adopting leading security systems and establishing strict procedures to protect customer information。

If you want to start trading in Go Markets with a small amount of cash and low risk, Go Markets offers special accounts where customers can start trading with a few dollars and are able to trade at 1 cent per point, with a deposit limit of $500 and permission to trade with an EA。

6. Blueberry Markets

Blueberry Markets is an ASIC regulated broker with a minimum trade size of 0.01 Hands。The broker has two trading account types with the same minimum lot size。Blueberry Direct account offers original spread with $7 commission per round。At the same time, the spread of the standard account is 1.0 points and no commission。Both accounts require a minimum deposit of $100 and a maximum leverage of 1: 500。

Micro Hand Trading Considerations

Depending on your trading objectives and your stage in the trading process, it is very important to use the correct number of lots。lots play a different role in limiting your risk and increasing your chances of making a profit。If you find it difficult to choose which trading lot is best for you, then micro-lots can solve the problem。

The risk of a smaller lot will be lower than the risk of a larger lot, remember that your profits will also be limited。If you are just starting your trading journey, eliminating risk is the first step。