Hello Traders,

I would like to know if i can trade mini lot on Forex with IB . For example, Can i buy 5000 eur/usd?

Thank you very much

No, I think you want to go with MB Trading for that.

Hi Vegas

Thank you for you reply.

A time ago i knew that you could trade any amount, why not now? how much is the minimum amount?

tk you

In IB account, most of forex pair can be traded at 25K, 1/4 standard lot.

here are the min and max
https://individuals.interactivebrokers.com/en/trading/exchanges.php?exch=ibfxpro&showcategories=&ib_entity=llc

thank you everyone

I looked up MB Trading and they have a 10k minimum. Honestly, if that's too high then I would recommend saving your money until you can trade with one of those two brokers instead of trading through a mini or micro currency dealer. There are always exceptions, but as a a general rule with a broker you are trading against other traders and it's in the broker's best interest for you to win, and with a dealer you are typically trading directly against the dealer and it's in the dealer's best interest for you to lose.

Excellent tips Vegas!!!, and what about Oanda?

Thank you very much

I have used Oanda for years.

Trade sizes as small as 1 unit.

Trading costs less than MB Trading unless you trade with limit orders and qualify for the rebate.
FX Intelligence Analyzer: Compare live spreads and quotes from multiple brokers

Accounts can be in held in many currencies and can be changed quickly and easily.

Oanda would be a very poor choice if you wish to trade report releases since they widen the spreads at those times to protect themselves. Report traders need to use ECNs! Many of the Oanda old timers use MB or IB for report trading and Oanda for all of their other trading.

It has been proven over and over and over and over that they do NOT trade against you and that the prices are accurate.