eToro announces the trading of micro-lots

eToro recently announced this new feature of its trading platform: the ability to trade micro-lots.

Micro lots allow traders to buy and sell small quantities of currency for each trade. These lots are comprised on only 1000 monetary units (as opposed to a standard lot of 100000). To put it simply, this means that holders of a Bronze eToro account (standard beginner account) can now open a position with an initial investment of only $2.50!

Example: 1000 units of EUR / USD divided by a leverage effect of x400 means that only $2.50 is required to open a trading position. 

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68% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.