Why Forex Requires minimum $100 Investment whereas we can start at $10 with Octafx?

[Sanjeev]

And the people who keep on changing themselves with time survive. We should keep on learning things to make ourselves better. If we don't learn with time we don't rise and stay behind others.

 

[LoukiaCharilaou]

I am not sure about that. I believe that it is wise to only invest in as much as you can afford to lose.

 

[cherry123]

I am scared about investing $100 but investing $10 or $20 isn't a big amount so it can be managed but I would like to also learn about forex trading so I can make money even by staying at home.

Yeah just throwing in $100 into what you are not sure of is a high risk. You can start from $10 though

 

[Golden9]

This is why I prefer to trade crypto, since you can start with $10 or even less. People bough Shiba and Dogecoin worth less than $10 and made a lot of profits when it pumped.

 

[cherry123]

This is why I prefer to trade crypto, since you can start with $10 or even less. People bough Shiba and Dogecoin worth less than $10 and made a lot of profits when it pumped.

This is why it is always good to study the market and know when to buy and when to sell to make good money.

 

[Enxx]

I only see forex brokers that only accept some particular country with high minimum deposit. But there are many other brokers that accept as low as $1 like instaforex

 

[nomad]

I don't know OctaFX, but I have heard of forex platforms where you can start with as little as $1.

 

[eldavis]

It depends on the broker though, there are brokers that let you even start with five dollars or even two dollars, as long as you have the skills to grow the account from there. While most persons would tell you invest $100 its a lot safer to trade with this amount. Even with a hundred dollars i would not advice anyone to trade gold unless they are extremely good and sure about their trade.

 

[Sophie]

Forex is 100 dollar at least because it is the actual Market where there is volatility while octaforex is a demo account where money a person learns to develop there skills that's basically the reason