Can one start dealing in forex with $10

[kayode10]

This amount is too small to start forex trading. Most platform accept $100 at least for a start. You can either she up to start trading at the required amount or look for another investment in that range. You can use the money to start a domain name business. It cost less than $2 to buy a domain name at Nominalia. You can start by buying 4 domain names and start flipping them.

 

[Peppul]

Well I once traded in forex and to my understanding it's more like a gambling situation because withing seconds you can loose a ton of money and the funniest thing is that if you are not careful you will keep trading and at the end of the day you find out that you loose more than you gain. And yes I believe the minimum deposit for forex is $10 on many brookers platform, because that was what was required of me to deposit when I first started trading forex. But with that little amount it won't be favourable unless you are with luck because even people who end up starting forex with a huge amount still find it difficult with it. So you can start with that amount and if the app you are using doesn't allow that you change to another broker.

 

[Trojan8]

While not all brokers will allow you to trade with $10. I think there are some that you can actually start with that am and build your way up. The biggest drawback is that you will be trading with a low lot size and thus difficult to make much. I believe it is best you wait until you have enough like $100 and then start.

 

[Henrywrites]

Can someone start forex with $10? No am not sure my understanding is you can start with $100. You can trade with that amount and earn more money if youknow how to trade.

You can start with as little as $10 on Luno app and most of the latest forex apps. The challenge is that this amount may not be enough to handle basic things that you will want to figure out yourself while trading. I am planning to start with $50 and I know I will achieve better returns with the amount.

 

[Kelly5]

I have been thinking of going into forex trading for quite a while now but due to what I've been hearing I decided to hold on a bit and I ascertained that anytime I am opportuned to make enquiries about it, I will

Most definitely you can start forex with this amount. But you and I know that that is in practicable if you want to take forex trading as a real business. The least I can recommend to start real account trading in forex is $500. You should concentrate on demo account instead of starting with this paltry amount even though you can.

 

[Nurudeen]

You can start forex trading with as low as $10 if you don't have more than that. The only thing you need to work on is your knowledge in forex trading and I will sincerely advice you not to invest into it if you don't know anything about technical analysis and how to reach chart. You can lose that money without proper guidance on how the market works

 

[Rainlover207]

If you want to venture into doing forex, you will have learn really hard, practise with demo account, after that you can now move to live account with any amount you want to start with. That your $10 is also a good amount to start on e you can apply all the necessary analysis. You are suppose to apply.

 

[Taimoor Jutt]

It is your choice and your call at which money you want to trade in Forex. You can start by $10, $20 $50 or up to $500, it only depends on you. You are free to decide at which money you will go for.
It seems low money as $10 so it is not too bad for beginners. But higher the amount more will be the profit.

 

[Chris]

Yes, you can start forex trading with just $10 and even less than that, but that depends on the broker, most
Forex brokers have some minimum deposit requirements to open account with them. Some have little high like $500 or $1000, but there are some who need only $5 or $10 to open an account.

 

[Shannn11]

Those sites aren't really trading on forex but just doing predictions which is more like gambling. As far as I can tell, it's a very risky investment move because most times, the outcome you get from the demo trading is practically different from what you get from the real deal.

Well thanks for the heads-up. I just saw a video stating that many sites are a good choice to start trading on forex but thanks to this info maybe I'll just stick to learning about trading know how's for now.

 

[singlej007]

Well, it depends the broker you want to use or the limit of the broker you intend using, there are some broker who deals in binary and still do forex, like binary.com, iqoption.com, those broker has a minimum deposit limit of $1, and I believe you can trade forex on those platform.

 

[Heatman]

Well thanks for the heads-up. I just saw a video stating that many sites are a good choice to start trading on forex but thanks to this info maybe I'll just stick to learning about trading know how's for now.

Yes my friend, they are not worth you putting your money in them with the bid of learning and trading on forex. The application won't teach you anything but rather make you to lose your small $10. Get enroll in forex trading learning program and study it.

 

[Blue house]

Yes of course you can start forex with $10, but you must be a professional before you can be able to do that, if you are now yet an expert and you try it you will run into debt, a big masive loss.
If you are a beginner and you try it there is high probability you will lose all your $10

 

[Heatman]

I really don't know if it's going to be possible for you to start out forex trading with just $10 USD. Even to make one investment in most online platform like cryptocurrency, you're required to start out with at least a minimum of $50. So, I think it's going to be the same thing for forex trading.

 

[odigomma]

With the advent of micro, mini and nano lot sizes it is certainly possible to open aForex account with just $100. Many brokers accept amounts as low as $10and in extreme cases just $1 will get the job done.

Post automatically merged: Feb 10, 2021

With the advent of micro, mini and nano lot sizes it is certainly possible to open aForex account with just $100. Many brokers accept amounts as low as $10and in extreme cases just $1 will get the job done.

Post automatically merged: Feb 10, 2021

With the advent of micro, mini and nano lot sizes it is certainly possible to open aForex account with just $100. Many brokers accept amounts as low as $10and in extreme cases just $1 will get the job done.

 

[Heatman]

With the advent of micro, mini and nano lot sizes it is certainly possible to open aForex account with just $100. Many brokers accept amounts as low as $10and in extreme cases just $1 will get the job done.

Post automatically merged: Feb 10, 2021

With the advent of micro, mini and nano lot sizes it is certainly possible to open aForex account with just $100. Many brokers accept amounts as low as $10and in extreme cases just $1 will get the job done.

Post automatically merged: Feb 10, 2021

With the advent of micro, mini and nano lot sizes it is certainly possible to open aForex account with just $100. Many brokers accept amounts as low as $10and in extreme cases just $1 will get the job done.

Forex trading isn't for everyone to get into and not even for just trail purposes. Some people when they see successful traders on forex, they begin to feel jealous without knowing that most times they are richer than these small fees.

 

[Ayoknl]

Forex trading has no limit to how much you start with I suppose, yes, you can start with $10 only that the profit margin won't be so much as thought it would be.

 

[Abbeyola]

I have been thinking of going into forex trading for quite a while now but due to what I've been hearing I decided to hold on a bit and I ascertained that anytime I am opportuned to make enquiries about it, I will

According to what I heard,you can start foreign exchange trading with as little as you have or can afford to start with, what really matters is knowing how to trade,and getting returns on your investment. But ,I think the more you invest the more the reward on investment.

 

[Heatman]

Exactly, and it would be very tiring having to waste a lot of time trading on forex with just $10 and still end up with not making anything useful in terms of profit. Also, remember that you are definitely going to have loses in the trade as well.

Forex trading has no limit to how much you start with I suppose, yes, you can start with $10 only that the profit margin won't be so much as thought it would be.

 

[Kelvin7656]

Yes, you can start forex trading with just $10 and even less than that. Forex brokers have some minimum deposit requirements to open account with them. Some have little high like $500 or $1000, but there are some who need only $5 or $10 to open an account.