AvaTrade is now offering their traders to trade with lower margins, with nano lots on the following popular stocks:
ALIBABA, AMAZON, AMERICAN_E, APPLE, BERKSHIRE, BOA, BOEING, CAT, CHEVRON, CITIGROUP, DISNEY, FACEBOOK, GE, GOOGLE, GS, INTEL, JNJ, JP_MORGAN, MCDONALDS, MEDTRONIC, MICROSOFT, NETFLIX, NIKE, PG, STARBUCKS, TESLA, TEVA, TWITTER, WAL_MART
What is a nano lot?
A nano lot is 1/10th of a micro lot or 100 units of a base currency. It is equal to just $0.01 per pip.
Why is this is a good thing?
As your positions will be smaller, the impact of price swings and volatility will be kinder to your bottom line. It is a good way for you to get a taste of the markets, with less risk and smaller position sizes.