Mdraghib
Member
Starting Forex trading with minimal capital is absolutely possible—here’s how:
- Choose a Broker with a Low Minimum Deposit:
Look for brokers that allow you to open an account with as little as $10 or even less. - Use a Cent Account:
Cent accounts let you trade with small amounts by showing your balance in cents instead of dollars, reducing your risk. - Leverage Wisely:
Forex brokers offer leverage, which allows you to control larger positions with less money. Just be cautious—leverage can increase both profits and losses. - Focus on Risk Management:
Even with a small deposit, use stop-loss orders and avoid risking more than 1–2% per trade. - Start with a Demo Account:
Before risking real money, practice with a demo account to build your skills and confidence.