How much capital that you used in trading?

[onedollar232]

For a seasoned forex trader, a starting capital of over $1000 is just sufficient because the trader will manage the money well for better results. For traders with a low level of experience, it is better to stick to the mini or micro accounts where the amount needed to open such accounts is very low.

[ermaniso2011]

based on my experience if you have a cent account the best capital is 100 usd.and for a standard account minimum capital is 1000 usd.this is the only way to have some good income daily.if you will trade with very small amounts and with high risk you cant stay long in forex trading.

[moneytank88]

I would dare not approach the standard account with $1000 dollars because if I were trading for instance EUR/USD where one pip is equivalent to one dollar, then with a 100 pips move, I\'ll be out. Its better to start the standard account with nothing less than $10,000.

[cash2cash87]

A standard account is not a good starting point for someone that wants to trade forex. It is good to start from the micro account then work up all the way to the mini and then the standard. Experience level also increases and a forex trader walks up the trading account.

[jnik]

yes, the capital is important factor to determine how big the lot size that able to open and how strong the equity able to hold the floating. that matter will calculate according to how big is the capital.

[bulastika]

For a seasoned forex trader, a starting capital of over $1000 is just sufficient because the trader will manage the money well for better results. For traders with a low level of experience, it is better to stick to the mini or micro accounts where the amount needed to open such accounts is very low.

I agree. I'm trading in micro account right now and later on I'm going to open lite account then standard account.
In this way I can manage my earning well.
I know its hard to earn in forex trading but in long term goal I'm sure I can handle different situation in forex trading.

[nullahfx]

For a seasoned forex trader, a starting capital of over $1000 is just sufficient because the trader will manage the money well for better results. For traders with a low level of experience, it is better to stick to the mini or micro accounts where the amount needed to open such accounts is very low.

yes, we can use micro account first with minimal deposit $5 or standard account with minimal deposit $25.
I still using micro account until now and I'm glad even just micro account I can profit consistently and withdrawal every week.. although not too much but enough..

[vvarchild]

For a start you deposited

$ 100

at least, and I think that the companies accept no less than that.

and good luck

[jnik]

thinking about capital is according to our interest to funds or according to our pocket, and if we need more funds in our balance try to gain from bonus. And trade with quite capital to gain good profit per month.

[ogunobojohnbull]

anyway, this depends on the trader. because he or she has the decision to take. i.e to know if to invest with all he have or not. so this is individually. thanks for the purpose of this thread

[bulastika]

In liteforex I have 68 dollars and earn total of 28 dollars in two months. In Instaforex has 168 dollars and earn 3.75 dollars so far. In uwcfx has loss 50 dollars so far and in gftforex I'm still in the process of making a deposit.
I'm hoping that I'm going to use this four accounts to make money in forex trading.

[Dominator4fx]

In liteforex I have 68 dollars and earn total of 28 dollars in two months. In Instaforex has 168 dollars and earn 3.75 dollars so far. In uwcfx has loss 50 dollars so far and in gftforex I'm still in the process of making a deposit.
I'm hoping that I'm going to use this four accounts to make money in forex trading.

It is good to see that you have mad some progress in the Forex trading and having profits.

In the start we should not be worried much about Profits but rather the learnings

[JoeltonsInv]

How much capital we must have will depend on the type of account that we have opened, the leverage that we are on and the amount of lots that we plan on using.
the more leverage we have, the lesser the amount that we will need to trade a particular volume. I opened a micro account and I used 0.2 lot size with 50 dollars. My leverage was 1:50.

It is not clear how you arrived at the leverage of 1:50? What that really means is that your broker is lending you $49 for each $1 trade you make, that every $1 in your account has 50 margin. I do not know of any broker that is willing to offer you such a leverage unless your deposit is huge enough to warrant negotiation of leverage. Ordinarily broker will prefer to give you as from 1:100 to 1:1000 leverage or more and not less because more means more profit to them against the background that they expect most traders not to be proficient in the trade. One more thing, leverage is chosen when of sign up with a broker and unless there is a provision and the trader actually gets to reset it, it remains same and constant for each and every trade the trader makes.

[Irene Ivory]

The size of a deposit must grow in accordance with experience and skills otherwise there will almost inevitably be losses. I would like to add that brokers can pay back part of the spread, if to work through rebate project.

[JoeltonsInv]

For a beginner, it is necessary to start with little capital and learn the ropes, because live trading is a different ball game all together and needs time and practising to get used to. But from an experienced trader's point of view, trading with a small amount is a complete waste of time and money

[Dominator4fx]

For a beginner, it is necessary to start with little capital and learn the ropes, because live trading is a different ball game all together and needs time and practising to get used to. But from an experienced trader's point of view, trading with a small amount is a complete waste of time and money

In the start i will suggest a capital of $10 and then it could be scaled upto $100 to see the initial risks. We must be in no hurry to get the Profits and learn to wait and watch.

[bulastika]

It is not clear how you arrived at the leverage of 1:50? What that really means is that your broker is lending you $49 for each $1 trade you make, that every $1 in your account has 50 margin. I do not know of any broker that is willing to offer you such a leverage unless your deposit is huge enough to warrant negotiation of leverage. Ordinarily broker will prefer to give you as from 1:100 to 1:1000 leverage or more and not less because more means more profit to them against the background that they expect most traders not to be proficient in the trade. One more thing, leverage is chosen when of sign up with a broker and unless there is a provision and the trader actually gets to reset it, it remains same and constant for each and every trade the trader makes.

Why what broker site are you using? I have broker account that even have 1:10 leverage. So I'm surprise to your comment that you need to have huge amount in order to have a lower leverage.
In forex broker site. capital are base on account lot size not leverage. If you have a cent account then you will have 1,000 lot size that your pip value will be 1 cent per 1 pip that's why you can even invest 1 dollar.
Just check instaforex as an example. With one dollar you can trade as low as 1:10 leverage.

[omostar]

Why what broker site are you using? I have broker account that even have 1:10 leverage. So I'm surprise to your comment that you need to have huge amount in order to have a lower leverage.
In forex broker site. capital are base on account lot size not leverage. If you have a cent account then you will have 1,000 lot size that your pip value will be 1 cent per 1 pip that's why you can even invest 1 dollar.
Just check instaforex as an example. With one dollar you can trade as low as 1:10 leverage.

I think it is true that a lower leverage means you will need a higher amount to trade a particular lot size than a higher leverage,. This is because, with a low leverage, it means you will be the one who will fund your trades mostly while your broker only contributes a little. But with a high leverage, with a small amount, you will be able to place trades of high lot size.

[Dominator4fx]

I think it is true that a lower leverage means you will need a higher amount to trade a particular lot size than a higher leverage,. This is because, with a low leverage, it means you will be the one who will fund your trades mostly while your broker only contributes a little. But with a high leverage, with a small amount, you will be able to place trades of high lot size.

Those traders who have small amounts to be invested have no other alternative but to use a High leverage in order to have any good profits. But then they must also know the risks associated with the use of high leverage and must do controlled trading.

[bulastika]

Just follow money management. Just use 2% of your capital. In this way you can survive market volatility. you can have many more funds to trade again if you incur loses. Because theirs 50 2% in 100%. so that means you can trade 50 times with your funds even if your losing.