It depending your want to start, now forex online trading can start with low deposit even use $1 trader can use the micro account, but the trading condition in the micro account is different with STP and ECN account, and to start trading in STP or ECN account, start with $200 already good initial capital, but they also need to measure trading skill, if not yet ready they can invest small money to start.
In addition to your experience, your strategy also depends on how much you invest in trading. You must have a good understanding of price action and indicators. The more you invest, the more you make. Your strategies and experience will totally determine your profit and loss.
It doesn't matter how much money will you invest in trading actually. The matter is how will you turn your initial deposit into millions. If we speak about intraday trading, then it really doesn't matter because everything will be depend on your skills, knowledge and the main goal for you is not to lose money, but multiply them. If we will talk about investing, then here, sums of money matter, because the more money you will invest the more income you will get. Investors, generally, are aimed at long-term investments and they invest lots of money in order to get income in future and have an opportunity to extract their money.
Start with money that's really small. There are cent accounts nowadays so your 50 bucks can act like 5000 on a cent account. It will allow you to experience a big account without much risk. When you can consistently make money month after month for let's say 6 months, then you can move to a standard account with a bigger capital.
It is always suggested for beginner traders to start with a smaller amount. And when it becomes easy to understand how to trade one can start adding more money. Dividend income could be a better alternative to interest income in a falling interest rate environment. Dividend payout is highly dependent on the earnings of a company coupled with its uncertainty of dividend policy. Before making a dividend portfolio, an investor needs to look for a targeted yield, based on his financial goals.
HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors.
Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance.
You could lose some or all of your initial investment. Do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions.
Any data and information is provided 'as is' solely for informational purposes, and is not intended for trading purposes or advice.
Past performance is not indicative of future results.