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How much capital is required to start Forex day trading?


Well-known member
Forex trading is the most accessible financial market for many individuals who day trade since the initial investment is relatively modest. There is no ideal capital to get started with Forex day trading since it is very individualistic and differs from one type of trader to another.

If you want to start your Forex day trading right away, you can begin with a $100 trading capital, which will allow you to earn a reasonable amount of income for the time you spend trading. Thanks to the leverage, traders can efficiently start Forex day trading on a small capital.

By using a leverage of 1:100 for instance, every $1 you invest is worth $100, and with your $1000 margin, you can open $100,000 lots. For example, if the EUR/USD rate moves up 100 pips from 1.1100 to 1.1200 and you had invested $1000, you would have made $10 on that trade. But, with leverage, your $10 profit will be magnified to $1000 instead.
Here’s a step-by-step guide on How to Trade Forex with $100 in your account.

How to start Forex Day trading?​

Getting Forex day trading is like entering a battle — you have to be prepared and ready if you want to win. As Sun Tzu said, “Every battle is won or lost before it is ever fought.” If you feel ready and are keen to start your Forex day trading journey, follow the quickfire steps outlined below.
  1. Here are the simple steps to open forex trading account with a reliable Forex broker. It is up to you whether to start with a real trading account or practice risk-free with virtual funds on our demo account.
  2. What your trading account, capital, and strategy are, it is important to study the forex market and become familiar with fundamental analysis basics.
  3. Improve your understanding of technical analysis by studying the price chart and technical indicators.
  4. Follow a strict risk management plan to safeguard your capital.
Forex traders can take advantage of one of the best leverage levels in the Forex market when they open a Forex account with AximTrade. The leverage levels range from 1:1000, 1:2000, 1:3000, and up to Infinite leverage. Investors can also enjoy a competitive forex bonus on all account types with a minimum deposit starting from $1.

Original Article: Forex Day Trading For A Living: An Ultimate Guide
Disclaimer: This post is from Aximdaily and it is considered a marketing publication and does not constitute investment advice or research. Its content represents the general views of our editors and does not consider individual readers personal circumstances, investment experience, or current financial situation.


Well-known member
Currently, some broker offers a minimum deposit as low as $1, however, this amount is not a sufficient amount of capital to start trading and make a profit, although possible with high leverage open the smallest lot size. The big matter is skills trading, when traders start with a low trading budget, choosing the type of account will affect the risk. A micro account designed for beginner or newbie traders with a lower contract size compared to a standard account. using micro account traders can start a minimum of 0.01 micro lot for low-risk trading.
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