What Is The Minimum Capital Needed For Forex, Options And Futures Trading ? Free And Recommended Simulators ?
Hello guys,
I’m interested in learning more about forex, options and futures trading. I heard that there are mini or micro account that can go as little as US$ 200 or 300 dollar. Is it true ?
Also, any recommendations for free forex, options and futures trading simulators ? I know that some websites provide this service but usually the virtual capital is too high (10K or up), and I want to set the initial capital to small amount like US$ 300 or 500.
If possible, is there any recommendations for courses/books ? I’m not aiming for those “fancy” amount of income, several thousand/month is OK. Of course I’m not looking for courses that cost hundreds or thousands of dollars. . .
September 28th, 2009 at 2:57 pm
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September 28th, 2009 at 3:11 pm
If you cannot afford a $999 course then DO NOT INVEST IN FOREX.
September 28th, 2009 at 3:17 pm
What you mention is true about the minimum capital needed to invest in forex. And I agree there are also scammers out there. So I advice you to conduct a thorough research on this before you put in real money. In the meantime you can open a demo account first. You may experience a continuous flow of losses at first.
September 28th, 2009 at 4:09 pm
Stay away from Forex if you are not a very experienced investor.