There are a lot of companies. One of them with $1 min depo, others from $100000. No matter how much you earn, it's important why are your trading on forex. If you just wat to play, feel new emotions - please don't waste your time on it, but if you want to make forex the main source of income so 10k will be enough. But also you need a lot of exp. otherwise you just lose it
Well, you can practice on cent trading account to hone your trading skill......in fact, it would be much better to practice on a LIVE cent account than on a Demo because that would condition your brain to practice good money management as you know you dealing with REAL money. Demo account is FUN as you can trade any amount & lot sizes as it's all virtual/play money, BUT the danger is that you might do the same on your live account and wipe it out in no time.
As I have mentioned earlier, you should have a mindset to treat your trading account an 'investment' and, like any other investments, it should give you good returns. And also as in any investments, add in more 'spare' money into your account to grow it to a good size trading account whereby you can derive a reasonably good source of additional income.
As I have also mentioned above, with a usd500-1000 trading account, it's really easy to make usd5-20 profits per day which will give you usd1,300-5,200 per trading year (i.e 260 trading days)......in time....over 5-10 years..... you will have a very good size trading account and nest egg....and, of course, you should be easily making usd50-100 daily profits without any sweat. Just don't be GREEDY and IMPATIENT.....be consistent, focus, and discipline.
wlk1 posted: I have still yet to see a single account make even 0.1% per day, everyday, 260 trading days a year.
Please let me know when you find one.
Guys aren't trading for .1% because in most cases .1% of their account value won't cover their over head of even having their computers on. Most of us are aiming for much higher % profit. Even if you were to find someone who avg .1% it doesn't mean that the person will be able to maintain such an avg.
'I have still yet to see a single account make even 0.1% per day, everyday, 260 trading days a year. Please let me know when you find one.'
Here's one to consider, it is fully automated but you are welcome to know every detail on how it works (No Black-boxes are ever recommended', and can try them on a demo account of your own for as long as you need to.
HIGH RISK WARNING: Valutahandel innebär en hög risknivå som kanske inte är lämplig för alla investerare.
Hävstångseffekten skapar ytterligare risker och förlustexponering. Innan du bestämmer dig för att handla med utländsk valuta bör du noga överväga dina investeringsmål, din erfarenhetsnivå och din risktolerans.
Du kan förlora en del av eller hela din ursprungliga investering. Investera inte pengar som du inte har råd att förlora. Utbilda dig om de risker som är förknippade med valutahandel och sök råd från en oberoende finansiell eller skatterådgivare om du har några frågor.
Alla uppgifter och all information tillhandahålls endast i informationssyfte och är inte avsedda för handelsändamål eller rådgivning.
Tidigare resultat är inte en indikation på framtida resultat.