[xmsr33]

$2 K is more than enough to get started in Forex useing Oanda.

They allow you to open any size account and trade in $1 increments.

Under no circumstances should you pay $6,000 to anyone for anything concearning Forex. No system is good enough to be worth that, and certainly no trading platform.

The most important thing to remember is money management, no matter the size of your account.

A good rule of thumb is to always limit your losses to 1% of your initial capital.

So for example, if you have $2,000 and you go short 4,000 EUR/CHF each pip will be worth $.33, so you, with a pip spread of 2 on EUR?CHF with Oanda, you set your stop loss 58 pips away. This limits your loss to $20.

You can go higher leverage than 2:1, but the higher you go the lower you have to set your stops and that means you can only trade in short time frames.

Oanda seems very popular on this forum, and I can attest that their platform is both excellent and simple.

I reccomend you go to Oanda.com and sign up for a free demo account. Get used to the platform, the charts, the trading system you plan to use.

Learn to be objective and not sweat the losses, remember they are 1% or less.

Once you prove to yourself that you can trade profitably over 2-3 months open a real account with your $2000 and you will do fine as long as you maintain discipline in money management and your trade system.

Attached is a backtrack history of the Cawabanga system for the month of January in US/JPY. Note that even with only $500 in my account I would have ended up over 3% up, a 173 pip profit. For 1 month 3% is an excellent return.