Are super mini oil contracts dangerous

[bigtymer292929]

I have heard of forexyard.com and am wondering if anyone uses this broker and to trade super mini oil contracts? IF so what do you think or is their another broker that offers this or something similar? Thanks so much

 

[TickerHeads]

Haven't heard of this particular contract. You could always trade QM - the NYMEX e-mini oil contract. or even USO which is an Oil ETF.

 

[£10kLoser]

Why should they be dangerous? As far as I can see, they are just 0.01 contracts the same as AvaFX do for oil and pretty much everything else. At 10 cents a tick, there's little danger.

However, many other brokers offer the standard 0.1 contracts, which is small enouugh for most people.

 

[Aspire]

What is a super mini contract? Is this a real contract or just a term made up by spread bet companies?