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    1. #1
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      Is Forex only for the rich?

      Previously Forex was only for the rich but now due to modern technologies and brokers, everyone can trade Forex whether they are rich or not. Minimum deposit amount in various brokers is as less as $1 - $5. There are cent accounts and leverage to help you gain a lot of profits too.

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    3. #2
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      Re: Is Forex only for the rich?

      yes, forex is a business that is not only for the rich but also kelangan for all. because many of the conveniences that we can get from a broker. we can try to trade using a small capital or trading with a free

    4. #3
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      Re: Is Forex only for the rich?

      No, forex trading is not only for rich people. Anyone can trade in forex, but we must have good skills to maximize our trading capital. Even, we also can use small amount to start trading

    5. #4
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      Re: Is Forex only for the rich?

      Yes with the advancement in technology, forex has now become a business for everyone. Many new forex brokers has a small amount of minimum deposit. We can even work by depositing a few dollars. Hence forex business can be started by every one.

    6. #5
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      Re: Is Forex only for the rich?

      There was a time when only very rich people could trade forex. It was around 90 if I am not wrong. But later leverage was introduced and everything changed. Now one does not need to be rich to trade. They can start with small amounts.

    7. #6
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      Re: Is Forex only for the rich?

      In forex we can be rich but to be rich in forex is not easy because forex is high risk, the risk that we need to continue to improve trading skills, with the ability to increase it will help us to improve trading results

    8. #7
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      Re: Is Forex only for the rich?

      Forex is not only for reach man but also every person who are interested about forex and who are able to maintain his account. in Forex learn is the way to gain in life. so in forex any person can trade.

    9. #8
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      Re: Is Forex only for the rich?

      To get rich in forex then we need to continue to learn and practice trading well. Forex is a business that has a lot of risk, so it is not easy to be rich with forex. We can use a demo account or a demo for the contest can minimize the risk of forex properly

    10. #9
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      Re: Is Forex only for the rich?

      Certainly not! I have Forex trader friends all over the world and majority of them came from the third world country. They're not rich, in fact, they had started trading using the bonus of the broker and later they turned it to big figures. If you are diligent and wiling to learn, then the status of life does not matter.

    11. #10
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      Re: Is Forex only for the rich?

      I don’t think that it’s only for rich. Just take welcome bonus of NordFX and you are trader) Double it several times and you can achieve a good deposit. There is not only this broker with welcome bonus, many broker provide it.

    12. #11
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      Re: Is Forex only for the rich?

      Forex trading is not only for the rich, although we have small amount, we can use our fund for trading. But note, we need to learn first so we can maximize our profit in forex trading

    13. #12
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      Re: Is Forex only for the rich?

      In my own opinion, i will say that any foreign exchange business that can be done, can also be done by all the very people it does not really need to be very much rich or even having any amount of cash. The truth there is that anyone that is about going into these business you should first and foremost prepare your mind for anything because the business is all about risk and there is nothing in this world that you can do that has no risk in it. so you just have to prepare your mind for anything i repeat.

    14. #13
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      Re: Is Forex only for the rich?

      but many consider that with forex then we would be rich, therefore, we need to continue to improve their skills and good psychology that will make us rich with forex, so we will be able to succeed in this business, so it will make we can trade with a maximum

    15. #14
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      Re: Is Forex only for the rich?

      Forex business is for education investment, although possible as trader they get rich from forex business but don't thinking if forex is easy way to get rich at short time, required patience and good skill trading with good result to increasing money in account.

      Built up good mindset about forex if this is business also for learning purposes how to manage money in uncertainty market condition.

    16. #15
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      Re: Is Forex only for the rich?

      In theory retail traders can trade forex because the rich give them their money to trade with. Without leverage many would not be able to trade forex in the market due to it's high requirement of capital.

    17. #16
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      Re: Is Forex only for the rich?

      Success in trading depends on the ability to think, to anticipate, to count. But the rich, anyway, will handicap, because he does not think about earnings, it will be more focused on the process.

    18. #17
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      Re: Is Forex only for the rich?

      No, I don’t really think so since it’s all about the person who is putting effort and heart into work, if we have got that criteria than we can be rich, but of course not in short time or by short cuts, it has to be achieved by proper way. I believe Forex is a rare business where we can make everything from nothing at all, so been rich is never any concern at all. We just need to make sure we are not poor when it comes to knowledge or experience and fortunately with having OctaFX broker, it is all pretty easy due to their highly rated cTrader demo contest, it’s weekly based, but is seriously helpful and allows us to be successful due to regularly practicing.

    19. #18
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      Re: Is Forex only for the rich?

      Forex is not only for the rich, in my opinion forex is for education investment because beside forex promising unlimited income but also here hidden risk appetite in every trades, so because the risk involved in forex this called as business high risk high gain, if any trader they thinking forex is only for rich I think will only suffering with regret because they may losing money in this arena.

    20. #19
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      Re: Is Forex only for the rich?

      History knows of instances when the rich use their misspent resources and the poor get richer by using the mind. Contests, who do not have big money, but they believe that they can dispose of them properly, then exit to win the contest. Freshforex holds good competitions for PAMM accounts.

    21. #20
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      Re: Is Forex only for the rich?

      Every trader have same opportunity to become rich from forex trading, but to achieved this goal is not easy like as turn around back our palm hand, required hardwork and good learning to become rich from forex, handle huge capital not guarantee will get rich profit if skill always loss money, forex trading as education investment.

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