A lot of money needed to enter the forex: True or False?

Results 1 to 7 of 7

Thread: A lot of money needed to enter the forex: True or False?

  1. #1
    Senior Member
    Join Date
    Apr 2017
    Posts
    701
    Thanked: 0

    Default A lot of money needed to enter the forex: True or False?

    A lot of money needed to enter the forex: True or False?
    There is a misconception among many outsiders that a lot of money will be needed to enter the forex. It may be assumed that you will not be able to easily associate with this business if you do not own huge money. But it is not essentially true since a trader can enter with smaller deposit now. Such as: I am working with mini accounts of my broker AAFX which starts from only $100.

  2. #2
    Senior Member
    Join Date
    Sep 2017
    Posts
    1,212
    Thanked: 1

    Default

    Risk management is the most important part in a trader’s life. If the broker provides advance technological support to reduce the trading risk then the traders can trade safely. My broker Forex4you is providing best risk management technologies like- stop loss, equity stop etc. By using those risk management technologies I am successfully able to reduce my trading risk. I am trading well because I can control my trading risk from my Forex business.

  3. #3
    Senior Member
    Join Date
    Dec 2017
    Posts
    665
    Thanked: 0

    Default

    It is on the whole a misapprehension prevailing in the mind of outsiders of the forex market. Even when I was about to begin my line of business here many of my friends told me that forex will require huge sum of money and I should not move toward here since I did not have much savings. Thanks to you for bringing out a good thread and it will clear the misconception remaining in the minds of naïve traders.

  4. #4
    Senior Member
    Join Date
    Dec 2017
    Posts
    879
    Thanked: 0

    Default

    Il Forex può essere sia a tempo parziale che a tempo pieno. Perché il mercato forex funziona per 24 ore ed è molto flessibile nel suo processo di lavoro. Sono stato iniziato come trader part time perché mi ero molto meno fiducioso. Ma ora sto facendo trading a tempo pieno con TradesFX. Mi aiutano con il loro supporto clienti multilingue e il processo di esecuzione più veloce. Hanno una struttura di investimento in micro lotti e 2 USD di commissione per referral.

  5. #5
    Member
    Join Date
    Jun 2020
    Posts
    34
    Thanked: 0

    Default

    There are many ways that can make you secure in forex trading. before entering into the forex market you should make yourself prepare. There are are many traders who enter into the market without knowing anything or preparing themselves a proper trader after facing losses they setback from the forex market. there is some way which can help you to be a good forex trader and it helps to decrease of losing your money. doing homework, find a professional broker, always use a practice account. I am currently trading with Forex4you broker. They always help me to make profitable plans and make profit from this market easily and consistently.

  6. #6
    Junior Member
    Join Date
    Jul 2020
    Posts
    3
    Thanked: 0

    Default

    Money is an important part of money trading. You can never be successful without trading that part. Without money management, you may make a lot of profit for a while but at the end of the day, you will see that profit will no longer exist. So when it comes to money management, the deposit has to be good because without a good deposit you can't follow the money management. But you can work in a cent account with a small deposit. This will help you to follow money management. I am very fortunate to have a reliable and very useful trading broker called Eurotraders. This broker's deposit is very low and this broker helps me a lot.

  7. #7
    Junior Member
    Join Date
    Jul 2020
    Posts
    5
    Thanked: 0

    Default

    It completely depends on money management. If you trade in the forex market and your broker doesn’t provide the best money management support then you will face losses. My broker Eurotrader is very reliable. It is one of the best brokers I have ever worked. Their endless support will pleased you no doubt. It has no additional charges while withdrawing money. They provide a very easy process to open an account.

Tags for this Thread

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  
Join us