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Minimum deposit for beginner

Peterlight

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Sep 27, 2020
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Everyone knows that it is not a good idea to invest all your savings in Forex trading, new Forex traders always makes mistakes to invest a large amount at first and loses 70% of it.

What can a beginner start with, minimum of $10 ,$20, $30, $50 ,$100.
Which is best to start with.
 
To expert traders, those amounts you have mentioned are just too small. I am sure that does not stop you from trading with whatever amount you are comfortable with but don't expect much with it.
 
Everyone knows that it is not a good idea to invest all your savings in Forex trading, new Forex traders always makes mistakes to invest a large amount at first and loses 70% of it.

What can a beginner start with, minimum of $10 ,$20, $30, $50 ,$100.
Which is best to start with.
As you said, minimum deposit as a beginner in forex trading varies. Some platform starts from $5, while some start at $10. Example, promo.stormgain starts at $10 worth of usdt coin, as their minimum deposit for trading. You can visit other forex broker to see their minimum.
 
In forex trading, the most important thing is you know what you are doing and not just stake because of staling or go with the gambling mentality. As you said minimum deposits start from 5$ above and in some up to 50$. I would suggest that you go for the lowest first and try to get acquinted to it. The most important thing is you stake responsibly and do not be greedy or be in a hurry to make millions in just a few days as a beginner.
 

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