It seems you can trade emicros for as little as $200 on Optimus for day trading. It seems you need $630 for full margin. I assume this is for holding overnight.
You can get an entire list of micros from here (just search for micro)
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According to Interactive Brokers, here are the types of EMicros
S&P, Russell 2000, Nasdaq 100, and Dow Jones Industrial Average.
· EUR / USD: M6E
· AUD / USD: M6A
· CAD / USD: MCD
· GBP / USD: M6B
· JPY / USD: MJY
· CHF / USD: MSF
· INR / USD: MIR
The fees are really low from 0.32-.0.47 USD per trade with round trip by doubling. This is even lower than crypto minimum trading I am testing with my bot.
Also, according to Optimus you will avoid the sketchy forex bucket shops:
- And finally, smaller contract sizes can allow you to trade a contract in a regulated exchange where price is market-driven and transparent, and where counterparty risk may be tremendously reduced. In short, you can avoid trading with an over-the-counter “bucket shop,” such as the case with CFDs.
This will include your typical forex broker who is not regulated with questionable pairs
There appears to be even gold emicro
Do well? Then you can move up to regular futures contacts or even optionsNOTE I now post my TRADING ALERTS into my personal FACEBOOK ACCOUNT and TWITTER. Don't worry as I don't post stupid cat videos or what I eat!