About Forex Trading Tutorial #3 How Much Money Do I Need? Best FAQ's



http://www.forexmentor411.com for more info... Do I need a lot of "money" to trade this market? No. One market maker broker we know of requires a minimum deposit of $500, although it is preferable that you start with at least US$2,000 to US$5,000 in your trading account. You can execute margin trades with up to 200:1 leverage, and you can also execute trades of $10,000 with an initial margin requirement of $50, in some cases. However, it is important to note that, while such leverage allows you to maximize your profit potential, the potential for loss exists too. A more pragmatic margin trade for you, if you are new to the FX markets, might be in the order of 20:1, but this ultimately depends on your appetite for risk. The most common ratio is 100:1 for a standard account, and that's what we recommend when you open your account. Of course, you can start with a mini account, and upgrade from there. ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ Come and visit us On the WEb/Blog http://www.forexmentor411.com On You Tube http://www.http://www.youtube.com/user/forexvideo411?feature=mhee On Face Book http://www.facebook.com/pages/Forex-Mentor411 On Tumblr http://www.forexmentor411.tumblr.com Suck at Forex? Get a mentor with a proven record of success then quit your job! http://bit.ly/TYlc4L click the link NOW! http://www.youtube.com/watch?v=wIeCAgbB9uU&feature=youtu.be

Comments


    Additional Information:

    Visibility: 192

    Duration: 1m 44s

    Rating: 0