Start Trading with a Small Account

Hi All,

Can anyone help me who has experience of growing a small account in Forex trading.

I want to start trading with a small account of $1000 and grow it by about 20 percent per month. I have learned a trading system and understand equity management quite well. I realize the lot sizes are going to be small to start with, probably 10 cents a lot.

Which brokers will accept such a small account and is this possible to do?

I know that daily time frames are the safest to trade on as they are more reliable.

Look forward to an accurate answer.

Thank you.

hello Louisforexcrazy,
since you 've already found your trading strategy, almost the majority of FX brokers will have no problem to accept you for an initial deposit of $1,000.00. If you are above 18y there will be no issue. You should test your strategy to a demo account several times before you switch to a real trading account. Once you are sure and confident, then you can deposit and start trading. One advice: Select a regulated FX broker to open your real account.
Good luck.