Z.com., the FCA regulated MT4 retail brokerage arm of Japanese FX giant GMO Click, has announced that its Trade MT4 service now supports micro lot trading on all FX products.
As a result of this change, the minimum trade size for all FX products has been amended from 1 lot to 0.1 lots.
The 1 lot trade size for FX products is still 10,000 currency units, and therefore a 0.1 lot trade size will result in a 1,000 currency unit trade (i.e. a micro lot).
Specifications for all other products remain the same, therefore Z.com’s clients do not need to take any action for this change to become effective on their MT4 Terminal.
This change gives clients additional flexibility to trade in smaller sizes and manage their exposure more precisely.
A list of Z.com’s product specifications can be seen here.