No, I don’t think there is any age restriction. I started off at around 17 age and today I am 23, so that’s almost 6 years that I have been doing it, I believe the more experience we get, the better we will become, it obviously is not the easiest thing, I think we should start when we are comfortable and ease at mind, we should never try to do it too early because that might lead us into losses. I am very lucky that I work with OctaFX broker since due to their support, we can start at any age on their demo contest, it is something we can learn a lot from and if things work right, we can walk away with serious money.
Yes, it is around 18 that we need to get to start off with, but that’s due to verification if we have any elder guiding us then we can use his account to trade without restrictions, but my limit is till we get proper education and with my broker Nova FX, it’s no issue due to their perfect education platform, I am able to learn so much from this and that really helps me trade easily and enjoy the success.
David Young wrote:
Most brokers need verification ID card, it is only issued after we are 18 above, so that is automatically the age to start trading but there is no restriction to practice or even if there is someone to guide us with starting if they are old enough. I am trading with OctaFX broker and they have easy verification process so anyone can complete while for practice their demo account is best since it has high speed serves which gives us the feel of real account.
As far I am concerned I think we need to be 18 at least in order to start in trading, but if we want to practice and learn then there is no age limit for that and I believe it’s better to practice well before starting, so anyone who is below 18 can easily practice and learn well till we get matured.
I started my career at 17 and the first year was just to understand and since then it’s 3 years gone by and currently been in 21 I am trading very well due to prior practice and I must say like you i also trade with OctaFX broker and i give complete credit to them. They have allowed me to be so comfortable even without any major investments with their 8 USD no deposit bonus.
Most brokers need verification ID card, it is only issued after we are 18 above, so that is automatically the age to start trading but there is no restriction to practice or even if there is someone to guide us with starting if they are old enough. I am trading with OctaFX broker and they have easy verification process so anyone can complete while for practice their demo account is best since it has high speed serves which gives us the feel of real account.
There is no age restriction for Forex traders. Anyone of any age can join Forex. One should mature and have basic knowledge of mathematics like additon and subtraction is enough to trade. There are lots of learning places on internet llike MoneyFX.