Forex with a deposit from 100 to 1000 dollars.
Almost 99% of newcomers to Forex have no more than $1,000 at their disposal, and some even less.
Therefore, most people are interested in the question: what are the features of trading with such a deposit, how much can you earn and is it worth trading with such amounts?
We are all accustomed to the fact that it is mainly millionaires, or at least their representatives, who trade on exchanges, but a distinctive feature of Forex trading is the use of leverage, with its help you can significantly expand your capabilities.
So let's start small.
100 dollars in Forex is more suitable for a test of strength, rather than for full-fledged trading, but if you apply the right strategy, you can use even this amount quite effectively.
• First, let's learn how to trade with real money, for this we do not open trades with a volume of more than 0.01 lots or $1000, that is, a leverage of 1:20 is quite enough for trading. If you learn how to make a profit with these parameters, you can move on to trying to earn a larger amount. In the same case, if the overall financial result remains negative, there is no need to rush to increase trading volumes; this will only speed up the complete loss of the deposit .
• In order to earn at least something with only $100, you will need to turn to the scalping strategy and significantly increase the volume of your transactions.
The recommended position size in this case is already 0.1-0.2 lots, in this case you will earn 1-2 dollars from each point of profit (with a four-digit quote).
And if you consider that earning 10-20 points a day is not so difficult, you can calculate your earnings yourself. An additional point is that short-term transactions should be carried out with brokers that do not limit their minimum duration; a list of such companies is given in the article “ Brokers for scalping ”.
1000 dollars is already something; you can trade with such an amount without much risk and have a decent income.
The recommended transaction size also does not exceed 0.1-0.3 lots, but the risk of large losses is practically reduced to zero. Having certain skills, with $1000 you can already expect to earn from $200 to $500 per month. Thrill-seekers can open transactions of 1 lot , and with such volumes you can really make money, but you can also be left without any funds, and the amount is no longer small.
So the choice is yours whether to have a stable, but not large income, or to take big risks, but at the same time increasing the likelihood of losing everything.