@BP33 I am planning to invest. What would you say is a minimum investment? I understand that I can go as little as $500, but $1500 should be more preferred. But what would you say. I mean to get as little costs as possible. Is it then $5000, that should be invested as minimum? Thank you :)
kamjo posted: @BP33 I am planning to invest. What would you say is a minimum investment? I understand that I can go as little as $500, but $1500 should be more preferred. But what would you say. I mean to get as little costs as possible. Is it then $5000, that should be invested as minimum? Thank you :)
It's your money, so this is entirely up to you :)
If retaining as much of your profits as possible is important to you, then it's fair to say that USD 5k and above is better.
'hm....no way that any broker would give you 1:200 leverage for 1 mill balance
this is fake real account and here is why
Leverage: PriorFX wishes to inform all its clients that, according its applicable terms and conditions, PriorFX will be reducing the maximum leverage for a transaction to 1:200 for trading accounts with equity equivalent of 100k USD and 1:100 leverage on all account with equity more than 100K. This change will be effective starting from 6th of October GMT. '
Both track record and trading privileges are verified by myfxbook and they use an investor password to do this. In addition, the figure that displays on myfxbook for leverage is set by them! I can change it to whatever I like but it'll change right back again to what it actually is.
You're of course welcome to ask them if they have any grounds to think as you do.
tbh I am surprised leverage is still 1:200 myself but no matter - I've been treating it as 1:100 the whole time anyway! I suspect we'll be notified pretty soon that it's changing :)
To respond to @Pablo51 - The form for Sector 1 Moderate clearly states a drawdown of up to 45% so I would not worry about 4% any time soon ;) If you somehow didn't see this on the form you had to sign in order to invest, and a maximum of 45% is too high for your personal taste, then Sector 1 Low might be more suitable for you with a maximum of 25%. Hope that helps :)
& copy; 2022 Myfxbook Ltd. Všetky práva vyhradené.
UPOZORNENIE NA VYSOKÉ RIZIKO: Obchodovanie s devízami prináša vysokú úroveň rizika, ktoré nemusí byť vhodné pre všetkých investorov.
Páka vytvára ďalšie riziká a straty. Než sa rozhodnete obchodovať s devízami, dôkladne zvážte svoje investičné ciele, úroveň skúseností a toleranciu voči riziku.
Môžete prísť o časť alebo všetky svoje počiatočné investície. Neinvestujte peniaze, ktoré si nemôžete dovoliť stratiť. 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.
Všetky údaje a informácie sú poskytované „tak, ako sú“. iba na informačné účely a nie je určené na obchodné účely alebo rady.
Výkonnosť v minulosti neznamená výkonnosť v budúcnosti.