How to make money on Forex with a small deposit.

Trading on any exchange requires a significant amount of capital, but you can try to make money even without a substantial sum. Of course, we're not talking about a couple of dollars here; we're talking about a deposit of several hundred.

Beginners often ask: How can I make money on Forex with a small deposit?

To be completely honest, the answer is: making money, no, but winning, yes. In other words, everything will depend on a multitude of factors that are quite difficult to calculate and take into account.

To make money with a small deposit, you will need to use substantial leverage , typically 1:100 or more.

You will also not be able to use most popular trading strategies, since the open position will have weak support.

The lifespan of trades is also limited; orders are closed at the first sign of an unfavorable development, otherwise you could lose even the small amount of funds available in your account.

Now let's move on to the specifics of trading.

1. The minimum amount required to earn is $100.

2. The recommended leverage is 1:200, which must be set when opening a new account.

3. The volume of transactions for a deposit of $100 is 0.1 lot or 10,000 units of the base currency.

4. The recommended currency pair is EURUSD, as it has the lowest transaction costs and a dynamic trend.

5. Take profit – 10 points for a four-digit quote or 100 for a five-digit quote.

6. Stop loss or manual trade closure – should be equal to the interval between corrections, which depends on the time frame you are going to trade on.

If the time frame is one minute, you can open a trade on a demo account and observe how many pips the price moves in one direction and how much it retraces against the trend. You can also use the indicator below.

7. The time frame is one minute (M1), which is optimal for trading with significant leverage.

8. Technical support – the stochastic indicator .

That's practically all there is to it for making money on Forex with a small deposit. At one point, using this strategy, I was able to earn up to $30 in a day. However, if possible, you can increase your deposit amount, and with it your trading volumes, which will increase your profits accordingly.

This option is described in the most abbreviated form. If you are interested in full-fledged trading strategies, you will find them in the section - http://time-forex.com/strategy

You can also use an automatic advisor to earn money - http://time-forex.com/sovetniki To earn money with a small deposit, it is better to choose advisors that use scalping.