Oops! You can't report this question!
Resolved Question
For a newbie like me, is $1000 a good starting deposit in forex?
I know that it’s a high risk but they consider that the bigger you deposit the better profit you can get. Also from this capital, how much is the highest profit I can acquire?
over 2 years ago
Best Answer - Chosen by Asker
If you are new in forex, Don't jump into real trading too soon. If you think you still have to learn many things when it comes to trading live, you definitely should not put real money at risk. I suggest that you find first platforms that have demo accounts and practice executing trades on them.
over 2 years ago
* You must be logged in to add comments. Sign In or Join Askpips.com.
Answers (1)
With regards to $1000 capital, most brokers allow opening accounts with very little capital but make sure you do it with a broker that allows to trade Micro lots and the pip values can be low as 0.10/pip. For the amount of money you could make, it depends on your account type and number of lots and leverage.
over 2 years ago
* You must be logged in to add comments. Sign In or Join Askpips.com.
Open Questions in Beginner
Resolved Questions in Beginner
- Should I go live? Please give me your advice on this.
- For a newbie, which currency pair do you think is the best to start with?
- Which do you think is better? Daytrading or Position Trading?
- I work full time and I'm wondering if signal providers really work. Has anybody had any experience with them?
- What does divergence mean?
Goldenforex
I am Introducing Broker At HotForex , Forex Broker, I Want To Introduce You To This Broker For The Great Deal That I can Offer You.
1- You Will Get %50 Bonus In ALL DEPOSITS , No Matter How Much Is The Amount, And Not Only In The First Deposit But In ALL DEPOSITS.
2- Up To 500:1 Leverage.
3- Spreads As Low As 0.6 Pips.
In The Top Of That If You Sign Up With HotForex Using The Link Bellow You Will Get %20 Rebate In All Your Spreads , Which Will Be Credited To Your Trade Account In The 30th Of Each Month.
http://www.hotforex.com/?refid=1026...
If You Sign Up Using This Link As IB, HotForex Will Give You %60 Of The Spreads Revenue And I Will Give You Another %10 Of The Spreads Of Your All Your Clients , Singing Up Using This Link You Will Make %70 Of The Spreads Of Your Clients Trades.
Sign Up With HotForex Using This Link And Get All That Extra Benefits That Can Save You Thousands Of $$$$ In Your Trades .
http://www.hotforex.com/?refid=1026...
I Wish You Happy Tradings
4 months ago
Report it