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Minimum investment

Discussion in 'Beginners Forum' started by Anderson, May 21, 2020.

  1. Anderson

    Anderson

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    It truly depends upon your aptitudes and experience. In case you are a beginner, you can begin with 250$ to 500$ for learning reason. When you get enough information and aptitudes you can grow your hypothesis. Minimum deposit entirety in like manner shifts from broker to broker. You just need to pick a fair broker for your trading.
     
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  3. lioneld

    lioneld

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    broker recommendation is quite much difficult task because
    so many brokers right now available in online and most of them are found to be scams.
     
  4. Marim

    Marim

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    Good advice! Being a beginner, I haven't invested more than I would like to lose either. Because anything can happen in trading, especially if you aren't experienced and easily get lost. So, if the amount of $100 is enough to make a deposit to a broker, then don't hurry to invest more. The more amount on your deposit, the more psychological pressure you will feel, as there will be fear to lose a large amount of money.
     
  5. elebibi

    elebibi

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    Good advice! It will help you hold off winning trades till the target is achieved. For starters, Forexchief offers $100 as minimum investment, and there is a 100% bonus for all deposits.
     
  6. Randiall

    Randiall

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    Good advice, as a begginers I always try to invest minimum amount of my money and if I start getting profit then I close my trade and hold my profit although it is little.
     
  7. radex78

    radex78

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    These amount included in high initial capital for beginner, I think $100 and use micro account is a safe way to learn and start practice in the real trading account, but whatever money that spent for investment in forex overall should only spend money that affords to lose, especially newbie which still lack in experience and also skill not yet proven able make money.
     
  8. Direbringer

    Direbringer

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    I often see a question like: "How much money do you need for a min investment?" on some forums, too. And these questions have actually become very popular lately. If you don't want to risk a lot of money, but at the same time you're tired of demo, then open a cent account (the minimum deposit depends on the broker itself). If you want to open an account with an ordinary broker, the amount is depending solely on your preferences. Usually a broker has a minimum investment of $100, but sometimes it can reach $500. Usually, beginners invest the amount, with which they will be comfortable and won't be sorry to lose it all)
     
  9. Astirewien

    Astirewien

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    For beginners, I always recommend starting with a demo account. I believe that if you start trading immediately, even with a small account, you will be terrified for your money, and because of inexperience, you will lose your investment. In any case, you should first understand trading and learn how to trade. Even if you start, I advise you to open an account no more than $200; this should be enough to begin your trading way.
     
  10. The trader

    The trader

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    Market is volatile and there is every second is uncertain. So before start trading we have to be pre planned. Otherwise it causes a great loss when trading practically.