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Forex What's the right starting capital for trading?

Discussion in 'Forex Forum' started by lucacol, Mar 12, 2015.

  1. lucacol

    lucacol Guest

    There's a lot of confusion about this question.
    Many brokers offering variables minimum deposits ranging from $ 100 or even $ 20.000.
    Some trading sites (forex, futures, stock) say there's much difference between trading with a large account or small account, and it's best to start with large accounts with minumum deposit of $ 10.000 or $ 25.000.
    Other sites say that it's much better to start with a small account and make it grow slowly with for example $ 1.000.
    What's your opinion about it?
    It's better with small account or large account?
    And what's the right starting capital?

    I have included a poll trying to put more options

    Source.
     
  2. Diego San

    Diego San Member

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    Location:
    US
    The regularity as related to climate is something that bodes well as the flammable gas model brought up above, yet there are other occasional components that aren't related to climate also. For example, toward the finish of the schedule year, numerous speculators will sell values that have declined during the time to guarantee capital losses on their charges. Here and there it might be advantageous to exit positions before the year-end selloff starts.
     
  3. Nathan

    Nathan Member

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    Location:
    Marseille
    It is better to start small and get familiar with the market more in the process before thinking of adding more funds to your trading capital.
     
  4. George45

    George45 Member

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    Jun 1, 2022
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    Location:
    Athens
    I generally just started with the micro account of [removed, pay to advertise] with minimum deposit of $10, I was comfortable with this since it was something I could afford to lose with little damage to my wallet. And gradually I increased my capital as I got the handle on the market to an extent. And it was especially easy for me because of their library tab on the company’s website which includes useful information about trading and working on the currency exchange.
     
  5. Nathan

    Nathan Member

    Joined:
    May 6, 2022
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    Location:
    Marseille
    I did same with them and complemented it with their trading credits that is up to 70% of the amount of all deposits, provided by the company. This boosted the capital and didn't necessarily consider leverage at the time.
     

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