Hiya babypips!
I was just wondering about your personal opinions on brokers and account types for capital under $150.
What kind of lots/risk management techniques and returns should one expect?
$150 is good for training purpose. You cannot earn thousands overnight. Hope you understand what I mean.
Choose a micro account.Always use 0.01 - 0.02 lot max to trade with $150. There are several brokers. I think Hotforex, Exness are few good brokers to trade with a small investment like this.
Cool. I’ll check HotForex out. Are they floating or fixed? Also,if anyone has any other recmd. for brokers that allow micro accounts let me know!
I think you need brokers that offer micro accounts. Exness is a market maker, so I would not recommend them for a newbie like you. You don’t want to lose your money in a hurry. I saw a similar post that could help you: 301 Moved Permanently . I appreciate this post because it talks a bit about how you can grow your small capital. Also, if you want to keep your money for a longer time, I suggest you don’t use it for long term trades. You can use that money to scalp the market and this can work even when you use a high leverage. Although there are lots of questions I would love the post to answer, but I do agree with the logic
instaforex offer bonus forum campaign ( 0,2 $ per post ) in forum.mt5
exness is good for its automatic withdrawal.
What’s a bonus campaign? Also it seems like they’re russian… i’m hesitant.
[B]Update: Joined HotForex with an initial $100 deposit. They gave me a 100% bonus (with terms of course). After a day of investing, at the moment, I have $304 in my account. I withdrew the $100 in gains so I can start investing risk-free! [/B]
I remember the min dep in hotforex is $150 for EU citizens? Is it right?
Wow man unbelievable. Are you a scalper ??
Hiya So aside from HotForex are there any others recommended for micro accounts? preferably based in the EU
[QUOTE=“WilliamD;575366”] Wow man unbelievable. Are you a scalper ??[/QUOTE]
Beginners luck, and my trades were extremely risky, so don’t follow what I did.
I traded the USDJPY pair when it shot up with the recent news.–
I have 1000$ balance now, pure from bonus from the forum. ( it took a year ).
The bonus can’t be withdrawn but the profit can.
But your account can be blocked anytime if you trade too aggressive with bonus account.
Here’s my profit from bonus forum in Insta to proves that they really pay.
EDIT; Damn, I can’t post image well in here, they are fine in other forums.
$150 account… use .01 and think …IF I put $150 in bank how much interest would I earn in 1 yr? SO an $11 margin makes .50 in matter of hrs or days , work it out …dont be greedy , , cheers Q
Does anyone trade with companies who advertise on Bloomberg channel like markets.com or FXPro? Or any comments about GKFX ( I am currently demo-ing with them but they don’t have a currency pair I am looking for even though they say they do - I’m probably just missing it somewhere.)
My major concern is where the actual accounts are held thinking of what happened in Cyprus. Markets.com says your live account funds with them are held in Barclays UK even though they are run by a company registered in Cyprus (see it at the bottom of their website). I registered for a demo account just to explore options.
I am weary of having my account being held in the States,I prefer UK or Switzerland or Australia or am I being an idiot. Does it really matter. I am also starting with a small 150USD account.
Thank you for thread and all input given.
You should be thinking of a Micro account offered by most reliable brokers. You also should be aware that STP brokers are the best for newbies like us.
Who are the reliable brokers? The one’s who don’t have to advertise? Is there a website with a ratings list of brokers anywhere?
Stupid question: STP broker?
Tx
ya, im also looking to start an account with small capital, and having a hard time choosing the right broker.
Most major brokers are good. Reliable pretty much. All bets are off around news release though. You shouldn’t be trading around news release time anyways. Its against “good trading habits” 
There are good brokers. Don’t be afraid first try demo account then start account with a small capital. Then you can get to know about the broker well.
Hi everyone.
In my search for a broker I came across this website:
Directory of Forex Brokers | Broker Information, Ratings & Comparisons
very helpful to compare to your own criteria.