Trading Forex

Stardom22

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How much is the possible minimum amount of money needed to start up forex trading. Would you like to start with a huge amount of money or you are okay with a small amount.
 
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Suba

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Each forex broker sets a different minimum deposit amount, if at Octa Fx the minimum deposit is $ 100, and to maintain margins, it is recommended to only use 0.01 lots, then you can use scalping or day trading strategies.
 

eldavis

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Its better to start small, but then again starting small puts you at a disadvantage. There are certain times the market might not be going your way,, the amount of capital in your account would be your saving grace.
 

Magnus2022

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Most forex platforms minimum deposit is $100. I don't think there is any forex platform that accept $50. It is safer to trade forex with huge capital because you will use scrapping method to be making substantial amount without risking fund.
 
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