Can I Start Forex Trading With $10?

[moonchild]

I have seen a lot of videos on the internet about a kid that flips $10 into some thousands and people go crazy in the comment section, but how realistic is that for you to remake, the number one thing to know is, everything can be doctored online, you do not know how many times he tried before he was able to achieve that which means he has a lot of $10's, if you have a single $10 you can see that you have failed already because what will you do after losing it?

Forex trading is not gambling, you use skills to make money, this is especially hard for people to internalize, they think you can just come in and make money to buy a lamborghini outright, NO, it takes a lot of work to reach that level, the point is you can start with $10 on a cent account and practice but do not think about flipping that account to thousands, when your skills are up to par, getting capital is not hard, you can sign up to prop firms, pass their challenges and start trading with large accounts.

You can also try flipping for fun but keep your expectations low.

 

[FXOchartist]

Recently forex online trading easily to accessed using gadget and computer, one advantage forex trading we can start with low budget trading although start with $10. There are so many broker allow minimum deposit $10 even $1 to start trading. You can start uses FXOpen as example.

However in practice, using small capital is different compared to use bigger capital, logically bigger capital has higher chances to get winning rate, although not guarantee because depends on each trader how to manage money, big capital if trader can't control emotion, greedy will blow account shortly.

 

[Dita Walczak]

Yes, you can trade with only $10 but use micro account to go slow. Start with a regulated and reliable broker. Today’s brokers are using the advanced trading technology to provide enough support to scalpers. Eurotrader broker uses smart bridge technology so traders face no technical issues.