How to get a million dollars for trading on the stock exchange

When communicating with different people, you very often hear the phrase: “If I could get a million dollars, I would go to trade on the stock exchange.”

Such people literally understand the phrase “Money makes money” and believe that the secret to success in stock trading lies not so much in trading skills, but in the size of the deposit.  

That is, they think that if you have a million dollars, making money on the stock exchange with such capital is quite simple. But they don’t even realize how easy it is today to get a million US dollars to open transactions.

And this opportunity allows you to check in practice whether money can make money, and how true this statement is.

So, how to get the coveted million American dollars?

You all know that all stock brokers provide leverage for trading on the stock exchange, which makes it possible to increase the volume of your transaction by 1000 or even 3000 times.

At the same time, it is easy to calculate that in order to get a million, you need to have $1000 available with a leverage of 1:1000 or $335 if you use a leverage of 1:3000.

The following brokers provide a large amount of leverage - https://time-forex.com/interes/kreditnoe-plecho-1-1000

However, it should be noted that significant leverage is provided mainly for trading currencies, so you will have to trade in currency pairs.

It turns out that getting a million for stock trading is not so difficult; you need to be over 18 years old, register with a broker and have a deposit amount of at least 335 US dollars.

But you can only check what will come of this in practice, after opening an account with a broker and starting trading.

To avoid annoying surprises, I recommend reading the article “ What trading with a leverage of 1:3000 looks like in practice .” You will learn a lot of interesting things from it and perhaps it will help you decide whether you need a million dollars to trade on the stock exchange.