Reading the part on leverage

Beginner Questions
1

All right so I don’t have $1000 to open an account. I am gonna be like putting up a $100. Is this business be something I should not be looking at? I don’t understand why some brokers like say Forex want a minimum of $ 100 to open an account. And other brokers want 100 cents???

I am beginning to understand now, something to do with fixed spreads and broker fees.

2

They all have their own criteria. You can definitely start with $100 though. I would only be trading 1 pair at a time and keeping trades to 0.01 lot size to begin with