I am planning to start with a $500 account expecting at least $15 daily profit is that possible?

Your question is unanswerable.

Because if anyone posts here and says “No, making 60% profit per month on your account is ridiculously misguided and you won’t manage it”, they get attacked and criticized by other members with self-promotional agendas of their own, and the threads just become unpleasant and unhelpful.

But here are some facts for you:-

The purpose of trading with a $500 account isn’t to make money: it’s to get used to risk-management and to gain screen-time experience.

The proportion of beginning forex traders who ever get as far as making 5% per month profit steadily on their accounts (that would be $25 per month, from your account) is very, very, very low - it may be as low as 1% of the people trying to do it.

There’s a very good thread here which will help you:-

https://forums.babypips.com/t/pipcrawlers-thoughts-on-setting-newbie-expectations/17006

Good luck!

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