What are mini contracts?
Mini contracts are a smaller version of standard trading contracts, designed to let you control reduced position sizes with greater flexibility. One mini lot equals 10,000 units of currency instead of 100,000. Importantly, this means the minimum trade size of 0.01 mini lots equals 100 units of notional exposure — one‑tenth the minimum size of standard contracts.
Mini contracts are available in all standard tastyfx accounts with no additional permissions and are tradable alongside the full suite of 85+ fx pairs.
Quick comparison:
- Standard contract: 1 lot = 100,000 units | 0.01 lots = 1,000 units
- Mini contract: 1 lot = 10,000 units | 0.01 lots = 100 units
What this means:
- Lower margin requirements (~$2-4 per 0.01 lots vs ~$20)
- Smaller value per pip of movement (1/10th the size)
- Same spreads as standard contracts
Available pairs: EUR/USD, GBP/USD, USD/JPY, USD/CHF, AUD/USD, USD/CAD, NZD/USD
Who should consider using mini contracts: New traders testing strategies, anyone wanting more precise position sizing, or traders managing smaller accounts.
Frequently Asked Questions
Can I trade both mini and standard contracts at the same time?
Yes, but not on the same pair. If you have a mini EUR/USD position open, you must trade mini on EUR/USD until it's closed. You can trade standard on GBP/USD at the same time.
Why don't I see the mini toggle?
Mini contracts are only available on 7 specific USD pairs. If you're looking at EUR/GBP or USD/MXN, for example, you won't see the toggle.
Are mini contracts available in Prime, IRA, or Zero+ accounts?
Mini contracts are available in Standard accounts only.
What happens if I accidentally place a mini trade when I meant to trade standard?
You can close the position immediately and re-enter at standard size. Pay attention to which mode you're in before placing trades—the toggle shows your current selection.
Do mini contracts have different spreads?
No. Spreads are identical to standard contracts.