Are sure? If yes drop the website link
You better try on Demo account, there is no point trading with 5-10$
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@mvoda But there’s a huge difference between a demo account and a live account. I won’t suggest any new trader to jump from a demo account to a live account with huge capital. It’s better to start with a micro account until you adapt yourself to the market conditions.
There’s no use of finding a low deposit broker. You’ll only be able to achieve minimal profits.Better practice on a demo account if you are not sure yet.
Trading with a small amount is still better than practicing endlessly on demo imo, at least the money is real, even if it’s just $5 or $10. I myself tested the trading conditions of turnkeyforex with $50 before trading bigger amounts.
You can check out from this thread, they mentioned some good brokers with low minimum deposit
It’s great to trade with low deposit brokers. You don’t have to take big risks if you are not sure about the market trend and price movements.
Do a little research and I am sure that you will be able to find several brokers who have low deposit requirements.
With FinproTrading, you need just $5 to trade. I know you won’t be making any profits with such a small amount but it can give you a fair idea of trading in the live market.
When you say “low deposit”, just how low are you looking for? You could try searching “brokers with no deposit requirement” and may be able to find some that don’t have any set minimum at all. Others may require $5 or $10, so I’d consider all of those low deposit brokers.
There’s loads of low deposit brokers but I think there’s honestly no point in depositing such a small amount.
AximTrade allow to start as low as $1 deposit but honestly i would advise you to start with at least $100 so you can make some meaningful trades.
Below $10 is pointless. If you can’t go more than that then look at cent accounts.
I agree with most traders here, it is better to start with a sizable amount. But if you want to just wet your feet in live trading with a low amount then you can consider these low deposit brokers:
Coinexx - $5
LMFX - $10
LQDFX - $20
Low deposits won’t take you anywhere. If you really want to make some visible profits, you will have to deposit at least $1,000.
Yes but live trading with small amounts is a better way to test your strategy than a demo account.
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Some brokers haven’t set any limit for their minimum deposits. I think you will be good with them.
I started with just $100. It was merely to get an idea of the live market. I had no temptation of making a big profit by risking a big amount.
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I use CedarFX for trading small accounts to build them up using the 500:1 leverage. They are low cost to 10US min deposit
worth checking out EagleFX they have been around for a while now and offer good leverage and low deposit good for new starts
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