Entering forex trading with € 200 is possible

The question of how much money to invest in forex trading or binary options trading is often raised, especially on specialized trading forums. Know that contrary to popular belief, it is not necessary to have several thousand euros of capital if you want to engage in speculation on the financial markets. Even with € 200 you can very well start a career as a trader on the financial markets and start speculating there generating profits.

Forex broker minimum deposits

The time when it was necessary to have tens of thousands of euros to think about investing in the financial markets has already ended a few years ago. Today it is no longer necessary to be rich or highly capitalized to think about entering trading. The arrival of forex brokers and the democratization of forex trading has accelerated significantly in recent years, thanks to the Internet. The popularity of forex trading among individuals has increased dramatically and, for good reason, access to this type of trading is possible for everyone. In fact, forex brokers allow you to open trading accounts generally starting at € 200 (sometimes less), which leaves the ability for anyone to engage in trading and try to profit from this financial market speculation activity.

However, keep in mind that it is not because forex trading is an investment for everyone that you should go head first into this type of investment without knowing anything. With limited or no knowledge, yes, you can engage in social trading and in particular copy the best traders on the internet, but if you want to speculate on your own and identify trading opportunities on different financial markets then you need to take free trading courses or training courses. for trader. Studying trading intelligently will allow you to make rational investment decisions and maximize your chances of success in the financial markets.

How much money to invest in Forex?

You can invest from € 200 to € 10,000 or € 20,000 if you wish. How much to invest in Forex depends on the financial situation of each one, but also on the trader’s experience. If you have $ 10,000 in bank savings or less and have a loan to repay on a car, for example, then it wouldn’t make much sense to invest $ 5,000 in forex trading. If we have 50,000 euros in the bank, which we have no debt, then we can decide to invest from 5,000 to 10,000 euros without any problem in the financial markets, but no more because investing 20/100 of our assets in the financial markets remains reasonable. If you have very little savings but have a stable professional situation, then you can decide to invest between € 200 and € 1,000 in a trading account. Experience also counts, if it’s your first time, so minimize the size of your first deposit with a forex broker to get your hands on it, once you’re sufficiently trained, invest more money if you want.

Always choose a regulated broker

Regardless of the amount of money you decide to invest in forex trading with, know that it is imperative to use a regulated trading platform. Regulated forex brokers have licenses issued to them by local financial authorities (CySEC, AMF), which means that their assets comply with local financial laws and that traders deposit their money with a reliable and safe broker. It would be risky to want to engage in forex trading with an offshore forex broker that does not offer reliable guarantees, better to favor a regulated forex broker like eToro who will also entitle you to the Forexagon Guarantee.

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