How much is the amount to start on Forex

How much is the amount to start on Forex

One of the most common questions of novice traders in the Forex market is the following – from what amount to start trading? If we take into account the fact that trade in the Forex market is high -marine, then such a question is really relevant, however, there is no definite answer to it. Experienced traders recommend starting trading with the amount of which will not be large problems for your budget.

No, it should be taken into account that the forex market is given a high level of credit shoulder, and this circumstance allows you to form impressive orders, when compared with the capital that you have. Forex-stringed shoulder can reach 1: 1000, it is often found 1: 500, the most common option is the credit shoulder 1:

It should be noted that the Forex market is less volatile than the shares market, therefore, the credit shoulder here is high. In any case, you need to start trading with an amount of no less than $ 1,000, just then it will make sense to spend time on trade and only then it will be possible to make a profit.

The possibility of improving your financial well -being by participating in the auction conducted on the Forex electronic exchange rate – attracts many people. However, there are many “pitfalls”. The proposed reliable forex brokers will help you avoid them.