Hello, there is no requirement for starting foreign exchange funds,The amount of deposit depends on one's own idle funds! If you have more funds, invest more points,If there are fewer funds and difficulties, then invest less! For novice investors, it is recommended to first use a simulated account with zero funds for trading. Once the simulated trading is stable and profitable, and you have some trading skills, you can consider depositing funds for actual trading.
Here are someForeign exchange trading skillsFor your reference:
1. Don't put too much money in the same account. You can create multiple accounts. It is recommended to leave some principal in another account for emergency use to prevent lagging, and try not to make sudden deposits.
2. Try not to hold positions over the weekend, as spreads can widen significantly over the weekend
3. Try not to fill up your position as much as possible. If you have to fill up your position, remember not to stop loss. I have seen that different platforms have different candlesticks. If your position reaches its limit, it is not ruled out that the platform may intentionally fluctuate more and sweep you out without setting a stop loss, which may be very uncomfortable. Therefore, it is recommended to use a light position.
4. Don't leave too much money on the platform. Once you make money, withdraw it, otherwise you will definitely be targeted, especially for accounts with fast capital growth.
5. Don't go all in, foreign exchange trading belongs to the gray area. With less money, the risk will be small, but with more money, if you go through the platform, the risk will become very high.
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Kind reminder: Investment carries risks, so choose with caution.After reading the introduction of "What is the starting capital for forex trading" in the above content, everyone should have a clear understanding. I hope it is helpful to everyone. If you want to learn more about the starting capital for forex trading, please follow Dawang Finance website. We will provide you with professional answers and assistance.