With these types of Forex accounts, many standard sizes can be used for trading purposes. Usually this is 10,000 units of the base currency.
For example, for EUR / USD, the cost of a point is 10 US dollars. With a minimum deposit of $ 1,000, this type of account can usually be opened. However, most brokers offer a minimum initial deposit of between $ 3,000 and $ 10,000. These types of Forex trading accounts are offered by most brokers in the market.