what should be the minimum capital ?

[diffuse]

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

 

[Enivid]

To play around $100 is enough. To earn it's better to have $5,000+.

 

[WalkieTalkie]

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.

 

[FXexpert]

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.

 

[Amna Joseph]

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.

 

[FXexpert]

Starting with a small amount or micro account is definitely a good idea!

 

[piptender]

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.

 

[earn]

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

 

[Sofia]

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.

 

[Amna Joseph]

Well here i disagree with the Golden rule.... i would say rather invest as much as you can manage to invest and handle trades.

 

[Forexcube]

With 1'000.-$ I would trade 0.001 lot beginner level.

With 10'000.-$ I would trade 0.1 lot at advanced level.

with 25'0000.-$ and more I would trade real accounts at experienced level.

Kindest regards
FX Cube

 

[arlene123]

i think the bigger the capital the bigger also the possible income. but for new traders it is better to start practice accounts and also to start with minimum possible of $100.

 

[qasim2nd]

I think $10000 is a good capital for invest into forex.If you want to play with standard lot (10K).However open account with small investment for micro lots is also a good idea.initial balance is very important for management of money.