A Forex mini account is one that enables a trader to open a live trading account with very small capital or on other trading accounts, trade with smaller lot sizes limited by the broker. This capital requirement and lot size limit varies according to the Forex broker the trader chooses to use.

Many traders find that a Demo account is unrealistic in trading as this does not allow you a real trading experience because your own capital is not at stake. A Forex mini account will therefore allow you the trading experience using the trader’s own money but kept to a minimum loss.