This depends on broker we work with, as some brokers have few dollars as minimum while certain brokers have it as high as 500 to 1000 USD, so we need to talk about each broker. I can start with just 5 dollars with OctaFX broker, I have higher investment with them, but just for the question and the answer, it its just 5 dollars that’s available for starting here. It is not just on any ordinary account or Micro account, but it’s the ECN account option that’s available, it is really good and helps so much for my performance especially given their 50% bonus on deposit, as it really helps me working out well with having great deposit bonus which is completely use able.
It is dependent on the broker, but if one has for a logical minimum than perhaps 50-100 dollars is ideal way to begin, but that’s only if we have capability and that’s found on demo account. I have not just practice pretty well with Nova FX on their demo account, but I have learned everything from the special education section that they have, so it’s all pretty good and helps me work so much easier to get success which is why I truly love it.
I can start off with just 5 dollars and this is all thanks to OctaFX broker where they have brilliant Micro account option, it is easy to operate this and we gets massive benefits out of it which includes giant bonus up to 50% which is completely use able while they have small spread charges which is ranges around 0.1 – 0.2 pips which is easily amongst the lowest and in common sense there can’t be less than 0.1 pips spread, so that’s obviously best.
Yes it is right that some is depend on the broker but i think all is not depend on the broker because some time it is depend on the traders how much they invest the money easily and i suggest that you invest the money only which you easily invest in the trading and afford to lose.
It all depends on brokers, some brokers have minimum deposit limit, while some brokers even offer micro or mini/cent account so that traders with small capital can trade. But remember for one to make a living from forex you need huge capital and that will minimize your risk.