Welcome to my blog, a right place to be for Trader's informative content, encouragement, booking your private jet charter and much more. However, today we are going to handle the question on what is the appropriate amount of capital required to start.
As a retail trader, you will need to create an account that should be either micro/cent with a leverage of 1:1000 or Standard account that has a leverage level of 1:500.
Leverage will will enable you to use small amount of funds to trade big contracts on the market. Therefore, for a retail investor with as little as $10 to $100 or $250 you will be fit for micro, cent and standard account.
Therefore here are some of the brokers that will give you micro, cent and standard accounts that require less starting capital.
FBS will offer you with cent or micro account that you can start with a minimum of 10 US dollars.
Use a leverage amount of 1:1000 when creating your account.
After verification of your email and phone number, you should deposit an equivalent of $10 and above.
Use the MT4 or MT5 credentials sent to your email to access the market trading terminal for your investing activities.
It is so easy to invest.
HAPPY INVESTING AND TRADING TO YOU, WELCOME ON BOARD.