Minimum deposit on Forex.

Before starting Forex trading, most novice traders are concerned about the size of the minimum deposit.

A beginner rarely has a large amount of funds, and the necessary experience can only be gained on a real account. Therefore, it is so important to choose a company not only with the most attractive trading conditions, but also with a suitable amount to start trading.

The minimum deposit on Forex can be only a few dollars, although only cent Forex brokers . Since to trade a small amount, a reduced lot size is also necessary.

When choosing this option, you just need to register, top up your account and you can start real trading. The initial amount in this case is only 1 dollar, but for full-fledged work you should deposit at least 20-30 dollars. Only in this case will you be able to fully conduct trading and test various strategies.

It should be remembered that this option is only suitable for learning trading and testing strategies, but in order to earn money, you need a much larger amount of funds.

Optimal deposit size.

Everything here is much more complicated; it is impossible to answer this question unambiguously, since the amount of funds directly depends on which trading option you prefer and how much you want to earn.

When analyzing, we will start from earnings of $1000 per month.

1. For scalping – 500 dollars or more, the larger the amount, the lower the risk and intensity of trading.

The size of the leverage you will use also plays an important role. 2. Intraday trading - the average income of a day trader on Forex is only 20-30 percent per month, that is, with a deposit of 5,000 you can already hope for a profit of 1,000. But everything is quite relative, because first you need to get this profit.

3. Swing trading – here we will talk about larger amounts, since this option usually uses minimal leverage.

Therefore, it is advisable that your account balance be 10,000 or more. The advantage of online trading is that everything depends only on you, no one will push you in training or force you to give a plan. You can trade as much as you need on a cent account, while at the same time accumulating the required initial capital.