Where to get money on Forex.

Most beginners who dream of becoming a trader think that in stock trading the main thing is to find a certain amount of money, and the larger it is, the faster the path to wealth will be.

This statement is not too far from the truth, so initial capital in Forex is one of the components of successful trading.

The larger its size, the less risky trading option you can use to make a profit. Therefore, the question immediately arises - where to get money for Forex trading? And most importantly, how much is needed for tangible earnings.

In my personal opinion, the minimum capital for Forex trading is $5,000; this is the amount that ensures comfortable trading. But you can trade scalping with 500 dollars and get no less profit.

But in the latter case, the risk of losses increases accordingly. There are many options for receiving money, but you should remember that you always have to give other people’s money, and Forex trading has a high risk, which can cause the loss of all investments.

So, let's move on to a review of options for obtaining initial capital.

1. Own funds , practically no questions arise here; your own savings can always be used for Forex trading or investing.

2. Loans – you should only take them if you have another source of income (salary, stipend, etc.) from which you will repay this loan.

Only in this case the risk is really justified, and you are guaranteed to be able to get your money back. 3. Loans – you can borrow money without interest from friends and relatives, but again it is advisable to repay it from your main source of income.

An interesting option is to repay loans using the profit received from investing; the risk of investment is minimized, so this scheme definitely works.

For example, you took out a loan of $10,000 at 20% per annum for 3 years, you need to repay about $500 per month.

We invest 5,000 in

a PAMM account , and get the required 500 per month (this is the average profitability of investments), we use the remaining 5,000 for trading on Forex. At the moment, this is the most attractive option out of all existing ones if you do not have your own capital. The loan amount can be changed depending on your needs and capabilities.