what should be the minimum capital ?

diffuse

Active Trader
Jan 30, 2010
2
0
32
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,
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so that I might not get affected with any down trends later on
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I would also like to know if I have to keep a safe deposit
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any where just
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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
 

WalkieTalkie

Master Trader
Feb 19, 2009
141
1
47
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.
 
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FXexpert

Master Trader
Dec 13, 2008
503
3
47
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

Banned
Mar 1, 2010
30
0
0
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.
 

piptender

Active Trader
Mar 9, 2010
1
0
37
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.
 

Sofia

Master Trader
Jun 20, 2009
112
2
47
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.
 

arlene123

Active Trader
Apr 19, 2010
1
0
32
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

Active Trader
Apr 20, 2010
1
0
32
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.