How much capital to start trading forex?

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holycow

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I guess you might right we should only take risks to that extent which we can afford to lose and don't put our live savings or borrowed money in trading as bad day can occur at any time.
 

fxoday

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Different brokers maybe have different minimum deposits to start trading, the trader also needs to read the broker trading policy to start trading, maybe a minimum of $10, or $100 or $2000, so the trader also can choose the appropriate broker that will be used according to their capital.
 

sebking1986

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Firstly you shouldn't deposit more than you can lose. Secondly the article is written from the perspective of what you can make. For me the amount you start with, particularly relating to small account sizes as that is what most people start with, is going to directly impact your ability to practice good risk management. Depending on your leverage if you are unable to deposit enough for a 0.01 lot size to be 1-2% risk on a standard account then you are not practicing good risk management.
 

holycow

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Different brokers maybe have different minimum deposits to start trading, the trader also needs to read the broker trading policy to start trading, maybe a minimum of $10, or $100 or $2000, so the trader also can choose the appropriate broker that will be used according to their capital.
Always start with small deposits which help us to test the broker's other processes like withdrawal etc which we usually can't test using their demo accounts.
 

fxoday

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Always start with small deposits which help us to test the broker's other processes like withdrawal etc which we usually can't test using their demo accounts.
Yes, the main point of investing money in high-risk businesses is to spend money that affords to loss, which forex and CFD trading is included high-risk businesses due to leveraged products that can magnify profit but also increase the risk.
 

holycow

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Usually the brokers will keep whatever you deposit with them still you need to know how much you can buy with such a small amount if you aren't even able to buy 0.1 lot and other factors.
 
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