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Old 3rd February 2010, 12:48
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Default what should be the minimum capital ?

what should be the minimum capital ?
I would like to know this question, as I am particularly new to the market, I want to make sure that there is an equal balance maintained, so that I might not get affected with any down trends later on

I would also like to know if I have to keep a safe deposit any where just in case to re-fund if needed, as I am new I might step on a horse by mistake .
I am sorry for my questions but I am really a beginner and I hope your inputs can help in my future trades
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Old 3rd February 2010, 22:15
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To play around $100 is enough. To earn it's better to have $5,000+.
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Old 5th February 2010, 14:16
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There are many forex brokers nowadays that would allow you to trade with as little as $1. You can also demo trade with virtual money just for the sake of practice.

Last edited by WalkieTalkie; 19th September 2011 at 20:19.
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Old 11th February 2010, 17:52
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The more money you have as an initial deposit the more profit you can earn, it's tough to consistently grow a mini or micro account from a $25 initial deposit.
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Old 6th March 2010, 10:26
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In my opinion the beginners should avoid making huge investment. Because any unprofitable trade can demoralize the beginner and due to depression he can loose many trades. I feel the come confident you become the more money you can put in this market.
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Old 9th March 2010, 04:53
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Starting with a small amount or micro account is definitely a good idea!
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Old 9th March 2010, 16:16
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your best bet is to demo-trade first,for some time.When you gain experience,trading style and confidence,then you can trade for real.dont be in a hurry.Lean first.
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Old 10th March 2010, 12:04
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i think it all depends on your will for a good earner a 10000 will be also a normal thing while for a person like me it is very much to invest
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Old 15th March 2010, 06:50
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The Golden Rule of Forex Trading says "Invest only that amount which you can afford to loose".

For a Newbie in forex trading learning to save money is more important than making profit initially.
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Old 16th March 2010, 10:03
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Well here i disagree with the Golden rule.... i would say rather invest as much as you can manage to invest and handle trades.
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