Can You Start Trading Forex With Just $100?

by Justin Bennett  · 

August 27, 2019

by Justin Bennett  · 

August 27, 2019

by Justin Bennett  · 

August 27, 2019


Happy Friday!

This week’s question comes from Claire, who asks:

Can I start trading Forex with just $100?

There is a big difference between what you can do and what you should do. That applies to trading as much as to life in general.

Just because you can do something doesn’t mean you should.

Forex brokers have offered something called a micro account for years. The advantage for the beginning trader is that you can open an account and begin trading with $100 or less.

Some brokers even decided that micro wasn’t small enough, so they began offering “nano” accounts.

To those with limited funds, the flexible position sizes and small minimum deposits may seem like the ideal solution.

But just know this–

A Forex broker is not your friend. If they didn’t need your name to open an account they wouldn’t ask, because they simply don’t care.

Their number one priority is getting you to deposit funds. This is precisely why the micro and nano accounts were created. It gave Forex brokers access to clients who are unable to fund a standard account due to financial constraints.

In other words, these unconventional account types were designed to benefit the broker, not you.

I’m not some bitter trader who has it out for these brokers. Nor am I saying that your broker doesn’t or won’t offer exceptional service.

My only point here is that you need to do your due diligence and never trade with money you can’t afford to lose.

Trade with Daily Price Action’s preferred broker.

It’s also important to understand that just because they offer you a way to start with $100 doesn’t mean you should.

In this post, I’ll answer the question of whether you can and should start trading Forex with $100. We’ll discuss the various account types and position sizes and I’ll also share some tips on how to determine the right account size.

Let’s begin.

Forex Account Types and Lot Sizes

I’m not going to spend a lot of time on this subject because it isn’t the primary focus of this post.

However, it is a good idea to familiarize yourself with these terms, particularly if you intend to move forward with a micro or nano account.

For this post’s purposes, there are four common types of Forex accounts. I’m sure there are others, but these are what most Forex brokers will offer.

  • Standard;
  • Mini;
  • Micro; and,
  • Nano

These three names refer to the number of units you’re allowed to trade. This brings us to the names of various lots or units that you will buy or sell.

Lot Number of Units
Standard 100,000
Mini 10,000
Micro 1,000
Nano 100

As you can see, a nano lot is a 1,000th the size of a standard lot. So if a 1 pip move on the EURUSD equals $10 with a standard lot, it would equal just $0.01 with a nano lot.

If you open a standard account, you will likely still be able to trade mini or micro lots if you so choose. The same does not necessarily apply if you wish to trade standard lots using your mini or micro accounts; the idea with these restrictions is to keep mini, micro and nano accounts from trading standard lots.

With that said, I’ve seen some brokers completely disregard these restrictions which makes me wonder why they have boundaries at all.

But that’s the general idea. So as you can see, the ability to trade lot sizes so small that 1 pip equals $0.01 means it’s possible to begin with just $100.

Possible but Not Probable


With the advent of micro and nano accounts at many Forex brokers, you can, in fact, start with as little as $100. Heck, I’ve seen some offer a minimum deposit of just $1.

Many of those brokers also provide up to 1:1,000 leverage. Combine that with a $1 minimum deposit and they have created a ticking time bomb for the unsuspecting trader.

But luckily, the fact that you’re here reading this means you won’t be suckered into one of these schemes.

Just because you can do something doesn’t always mean you should. So if a Forex broker offers a way to start for $100, should you take it?

That depends on several factors, but if it were up to me the answer would always be no.

We’ll get into the specifics a little later, but for now, just know that it comes down to probabilities. What are the odds that you or anyone else will turn that $100 account into $100,000?

Pretty darn slim.

It’s hard enough to turn a $5,000 or $10,000 account into a six figure sum, but doing so with just $100 is as close to impossible as you can get.

Your job as a Forex trader is to stack the odds in your favor. You likely already do this when evaluating trade setups, but it’s just as important, if not more so when deciding the starting size of your account.

Money and emotions


Money is a powerful thing. Lose too much of it while trading and you may be put off by the notion of risking money in financial markets altogether.

But there is another side to money and emotions that plagues us traders, and that is a feeling of accomplishment and satisfaction.

Let’s assume for a moment that you move forward with your plan to start trading Forex with $100. You make the deposit and a couple of days later the account is ready to go.

At this point, you’re feeling on top of the world. After spending ample time with a demo account (I hope), you’re now ready to start making the big bucks!

On the very first day of your newly funded account, the EURUSD forms a bullish pin bar at a confluence of support. It has all the markings of an “A+” setup.

Without hesitation, you open your account and submit a buy order risking 2% of your account balance which is $2.

After four trading days the pair has hit your 2R profit target, which equals 4% of your account. Excited to see your freshly minted money you open your account and there it is…

A profit of $4.

Now, in a perfect world you would relish the idea that you just pulled out a 4% profit in just four trading days.

Notice I wrote 4% and not $4.

Remember, everything is relative, so any trading performance should be measured by percentages and ratios rather than dollar amounts or pips.

But here’s the thing…

You’re human just like everyone else. This means the excitement from your first real profit will fade when you realize it’s only $4. Not only that, but it took four trading days or almost 100 hours to do it.

That alone can lead to overtrading and overleveraging the account because that $4 isn’t going to keep you satisfied for long.

Scared money is not an option


The reason I shy away from telling someone to begin trading live with $100 has to do with financial security.

I obviously don’t know Claire’s situation or anyone who asks this question. But when someone hints at the idea of starting with a hundred bucks, I get a bit nervous for them.

Here’s why…

Whatever amount you deposit into a Forex trading account should be 100% disposable. That means you can afford to lose the entire amount without it affecting your day to day life. You can still pay all your bills, provide for your family, etc.

So if you tell me that you only have $100 of disposable funds, that makes me nervous. It tells me that your financial situation might not be as secure as it should be to be able to support the risks involved with trading.

Now, I could be completely wrong. For all I know, the person asking this question could have $100,000 in the bank and zero debt.

But my experience tells me otherwise.

My point here is that you should only consider trading Forex – or any market for that matter –  once you can afford to lose money.

If you can’t, my suggestion is to work on getting your finances in order and then save up for a live trading account. We’ll get to how much you might need for that in the next section.

If you want to win at trading, you can’t be afraid to lose.

A Better Question


In the last section I examined whether you should take a broker’s offer to start with just $100.

Well, I have a better way of asking that question…

Do you have $100 of disposable money?

In other words, if you take $100 out of your bank account or wherever you keep your money, can you still pay the bills and put food on the table?

The loss of that money should not adversely affect your living situation.

If you answered no to the two questions above, you should not pursue that offer to start with $100. In fact, for the moment you probably shouldn’t be trading with real money at all.

Instead, spend some time demo trading and saving up enough money to get started. We’ll get to how much you might need shortly.

Now, if you answered yes to two questions above, here’s my next question for you.

Do you have $500 of disposable money to begin trading Forex?

Same rules apply here. If you answered no, you may want to stick with a demo account and work on stabilizing your financial situation first.

If you answered yes, you could entertain opening a live account with that amount of money but only after you’ve built up some confidence through your demo account.

Although you can begin with $500, the minimum amount I recommend is $1,000. Not because you need that much to open an account, but because it shows you’re serious. It also suggests that you’ve been trading demo for a while and are now ready for the big leagues.

Moreover, if you have $1,000 that you can afford to lose, it means you’re less likely to make emotional decisions. Nobody wants to lose $1,000, but if you do it won’t adversely affect your life.

Remember, scared money isn’t an option here. You should be prepared to lose whatever amount you deposit into a Forex account.

That doesn’t mean you will lose it. But if you go in knowing you can’t lose it, your emotions are sure to get the best of you. In other words, you’re putting yourself in a no-win situation.

What Amount Is Meaningful to You?


The most important question here is, what amount of money is meaningful to you?

In other words, what amount will give you the best odds of success without breaking the bank if you lose it all?

As with most aspects of trading, the amount of money you start with is a personal decision. Only you can decide how much you need.

But keep in mind that it’s usually harder to build a $100 account than it is to build one that starts with $1,000. The reason is that a profitable trade on the lesser amount will leave you feeling unsatisfied. This can lead to overtrading and overleveraging the account.

That trader starting with $1,000 is also less likely to make emotional decisions because they can afford to lose it. There are exceptions to the rule, but I’ve found that tends to be the case more often than not.

In a perfect world, a beginning trader would judge his or her performance on percentages and ratios rather than dollar amount.

But we’re all human. This means that your starting amount will influence your decisions to some degree, so be sure to choose an amount that makes sense and resonates with you on a personal level.

Final Words

With the advent of micro, mini and nano lot sizes it is certainly possible to open a Forex account with just $100. Many brokers accept amounts as low as $10 and in extreme cases just $1 will get the job done.

But there is a big difference between whether you can start trading Forex with $100 and whether you should. And just because many Forex brokers allow you to start with that amount or even less doesn’t mean you should accept the offer.

Remember, these brokers are not your friend. Their only job is to get you to deposit your hard-earned money. That’s it!

So the next time you see one of these offers, stop and ask yourself: is this in my best interest, or my broker’s?

Starting with $100 sounds great until you realize that it puts you at a disadvantage compared to those beginning with $1,000 or more. Becoming a consistently profitable Forex trader is hard enough without the pressure of starting with insufficient capital.

Above all, be sure to choose an amount that you’re 100% comfortable with. Remember: never trade with scared money.

Frequently Asked Questions

How to start Forex trading

The best way to start Forex trading, in my opinion, is to learn all you can before opening a live account. Search the internet and learn from those who have found success. That way, you will be far less likely to repeat their mistakes.

How can you trade Forex with $100?

Most Forex brokers will allow you to open an account with as little as $100. However, just because you can do something doesn’t mean you should. While it is possible to grow a $100 account, you will want to learn all you can from other Forex traders first as well as practice in a demo account before depositing real money.

What is the best leverage for a $100 Forex account?

As with any amount, the best leverage for $100 is as little as possible. Be sure to speak with your broker if you’re unsure. Let them earn the commission you’ll be paying them once you start trading.

How much money do you REALLY need to trade Forex?

The literal answer is: as much as your broker requires. That said, if you don’t have at least $1,000 of risk capital (money not needed to pay bills or live your life), you may want to reevaluate whether you’re ready for a real Forex account.

Your Turn: Ask Justin Anything

I’d love for this new weekly Q&A to be successful and provide an invaluable repository of answers to common Forex questions.

To do that, I need your help.

Here’s what you can do to get involved and have your question answered in next week’s post:

  1. Ask questions. Post them in the comments below or Tweet them to me @JustinBennettFX
  2. Help me answer questions. If I missed something or if you have something to add, don’t hesitate to leave a comment below.

Continue Learning


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  1. Out of curiosity, which broker or brokers do you use? I currently trade with FX Choice and have not had an issue with them yet.

  2. Hi Justin,
    My name is Eric and I live in Nigeria.
    I am currently demo trading with FXCM, trying more than 15 strategies, and now feel that I am ready to go live.
    Please which forex broker are you (currently) using, and are there others that you could suggest?
    Thanks in anticipation.

    1. I think he use FXCM. FXCM is a good broker, however, make sure its FXCM UK so won’t be caught up in FIFO rules.

  3. Hi Justin, I am thinking about opening an account for $500, and I live in the USA. Which broker would be best for me, I was thinking of either Trade King or Oanda but would like your opinion if another would be better.

    Thanks for your time

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  4. hi Mr. Justin !!!
    im curious too. can i know who’s ur broker?? im trading with Hot Forex for the last 3 years or so. still have no probs with it.

  5. Hello Justin, I appreciate your courses have been very valuable for me, could you please suggest me a broker?

  6. “Send me an email if you’d like to know who I use.”

    Now I wonder how many people actually read this article. Justin clearly states the above quote as he probably doesn’t want to publicly mention his broker… Of which is completely cool.

    Good read, I wouldn’t say it’s an outright “no” but the general emotions behind the dollar amount is key.

    Thank you!

      1. I was with falcon capital and since I invested, anytime I try withdrawing it doesn’t work and have about 300USD in my account how can I retrieve my gains

  7. “For this post’s purposes, there are three common types of Forex accounts. I’m sure there are others, but these are what most Forex brokers will offer”

    Sorry, I count four.

    An otherwise EXCELLENT article! Great work Justin. As they say “common sense is not so common.” It is an obvious point you make, yet how many aspiring traders give serious consideration to this subject?

  8. “In other words, these unconventional account types were designed to benefit the broker, not you.”

    I think it is designed to benefit both. Because lets say I am succesful at demo. I still can open 10 $ account and see now if I am succesful with real money. And as you said we should not trade with scared money – 10 $ account will solve this problem.

    If I will be succesful with demo, I think I will open 10-100 $ account. I can afford to lose even 1000 $ without affecting my life, but why should I when the odds are good that I will lose?

    “What are the odds that you or anyone else will turn that $100 account into $100,000?”
    who cares. Small account is just temporary for getting confidence, proving yourself that you can win not only with demo, but with small account.

    I think after gaining more confidence, you can add more and more to your account. After you have confidence you can start thinking about making 100k. But at the start – I am thinking how much percent can I make without having much risk.

    I also opened 100 euyr cent account (shows 10000 in balance) in roboforex and invested in a trader. Since June 19 he raised my account by 2 eur. That is 2 % in less than month. His profile shows max 18 % drawdown since maybe february, so looks stable comparing to other traders.
    I just opened to see does this work or is this a big scam. I wanted to open just 10 eur for chekcing does this work, but 100 was minimum. Ok I thouth I can afford to loose 100.

    So if he continues that way, do the math how much much it can make in a year. Keep in mind that if lets say he makes 2 % in a month and now my account is 102 eur, then it will make 2% from those 102 eur, which is bigger and bigger each month.

    I of course do no feel that I become rich even if he makes 10 eur after the offer ends. But the point is that I will have tried the system. I will know how much % I can make and can do the math.

    But there are few things which does not make it safe – who knows what is he thinking, maybe one day he will decide to play drunk and loose half my capital. Probability is low. But it still exists. With 100 eur its nothign. But if I invest like 5k eur, thats a lot of work for me to earn them.
    Maybe I then should add my stop losses.
    Another thing – maybe I should invest into like 20 traders or more to minimize the risk – diversify.

    1. What about if you start with 50 USD and the first day you get a profit of 0.55 is this a loss or profit and plizz advice me on 0.01 what can I place to gain more

  9. Wow Justin this is so great buddy thank you for being an eye-opener as always your articles are informative. I learned something. Thank you be blessed.

  10. Great job, Justin. But, let’s do a deeper examination of the issue here: ” these unconventional account types were designed to benefit the broker, not you.” The reason behind these unconventional accounts is the same reason behind the unconventional amounts offered in demo trading. Why do some brokers offer hundreds of thousands of dollars and even up to $1m for demo trading? In their demo trading, the average broker doesn’t offer what the average trader can invest in live trading, and why? Justin, don’t you see grand deception here?
    Following this, isn’t it wise to invest minimal discretionary amounts when one is doing so as another level of practicing Forex trading? For me, starting with these small amounts is the real PRACTICE trading, to counter the deceptive demo trading offered by brokers. Because during demo, you’re almost taken away from the world of reality when you’re trading those deceptive amounts that you can’t even approximate in live trading. So, to get closer to reality, one may find it reasonable to invest a hundred dollars or less until one is better acquainted with the realities of live trading.
    I know about someone who started in this strategy with only $20; in two or three days (definitely less than 70hrs) he was making about $130. Think that’s cool, yes.

    1. “I know about someone who started in this strategy with only $20; in two or three days (definitely less than 70hrs) he was making about $130. Think that’s cool, yes.”

      I think that was gambling, he had to risk huge % of capital to make this so fast. Unless that 20 is only part of his capital.

    2. Endy, it’s always a good idea to demo trade with an amount that is equivalent to what you will likely deposit into a real account. As for your friend making $130 from a $20 account, the only way to do that is through severe overleveraging, which I don’t suggest anyone try.

  11. Hi, Justin.

    Thanks for answering my question. I totally get it now. I opened an account anyway and funded it with $100 but now I will only continue using my demo account while I continue to save and add money to my real account until I have at least $500 (preferably $1000 if I can be patient enough)

    Thanks again

  12. Dear Justin
    Thanks for the good advice,I often wish that I lived in a GBP or US $ country, here in RSA a $ is 13 to 1, I have already taken a $70 acc to over $900 in less than a year with Oanda with a 50 to 1 leverage. ! or 2% is far too much, the amount I use is .005% that means that every 200p won my acc doubles. After my deposit when I am in the plus I am now trading with the brokers money and am not stressed at all. When I first started trading I thaught that $1000 was necessary and I blew it as I had no experience.Any one can trade trends but after my wife passed away and I took a long break from trading, the fx has changed completely with massive spikes supposedly created by the market makers I feel that its impossible for them to do this as they even paid Tom De Mark to create special indies so that they could buy into dips and sell into rallies. Thanks for your systems . Kind regards Nev

  13. i am for 0.5% 10 pips risk 200pips
    Iuse the 4 hr fite up 10 to 16 trafes

    I did not have a losing trade but if i did it is equal to 2 days trading
    using this method i am increasing my account to more then 100% per month
    Each week ichange pip value
    So a lose if accour will

  14. To me from my five years experience in Trading, you can even trade a good live account with $50 but your Strategy has to be 75% effective and you must be discipline

  15. Hi, Yes I would like to know who your forex broker(s) is. I have used FXCM previously and still have an account with them which I haven’t traded for a couple of years and only yesterday they sent me an email saying they were changing it to a mini account if I don’t notify them to keep my standard account current. Regards, Bill

  16. I agree with some of the people suggesting putting $100 towards a live account to gain experience trading live as I’ve seen too many traders using demo accounts for way too long and then blowing it when they go live. There is a huge difference trading live vs demo. Nothing is real money until you trade with real money, although many say they treat demo accounts as ‘live” accounts and if that’s true, why don’t they trade live accounts?

  17. Only facts,coming to think of it I demo traded for a while,didn’t feel anything,then decided to go live Start small go big,that’s when I realised that I got all wrong wanted to make millions with a nano lot account can you imagine now I know that this is mission impossible which leaves no choice but to sort out my financial lifestyle then come back with a bigger lot size make real money like you said,this piece clears a lot of things for me,I always wondered why other professional traders not scampers though those who have proven themselves still go around looking for people to trade for them in “trade4me” accountsthanks Jabs

  18. I think that the first we have to practice on demo market, then open live account 100$ for improve our psychology. Forex is wonderful, but we have to experience enough (experience is years), almost Justin’ advice very useful for us. Thank you Justin so much !!!
    (My English is not good, please try to understand this content)

  19. Is it really appropriate to use more than one trading strategy? For instance, using Trendline Strategy, Trendline Breakout Strategy, Pin Bar Strategy and Price Action.

  20. Hi Justin,
    Why we should risked 2% of our account balance? Because the fact remains that 2% works well with stocks not in forex. The reason is obvious of lower leverage than forex market.

    Example, $ 20 000 account = risking 2% = $ 400

    Rather risk the dollar amount that your comfortable losing than the notions of 2%, don’t make sense in forex trading.

    Here’s my opinion to this dollar amount than 2%

    How I trade using the split money management that quickly takes off my emotions and run the risk free trades.

    Example: $20 000 account = $1000 risk

    $1000 ÷2 = $500 splitting the risk amounts

    Trade 1 = $500 1:1
    Trade 2 = $500 1:4
    Both trades have same stop loss and opened same time, using price action signal.
    Once trade 1 is reached target 1:1 your out of risk amounts.
    Let trade 2 to run without emotional involved.

    This split money management works well with risking dollar amount not the 2% that brokers are promoting.

    Thank you , Justin Bennett, I hope traders will benefit from my contributions. I would’ve enjoy joining your members forum. I like forex trading and sharing.

    Amandla! Power! to Traders

    1. It sounds like you’re getting things confused. Two percent of $20,000 is the same regardless of the market you’re trading.

      Also, leverage does not impact the percentage at risk on any given trade. I could have 50:1 leverage and you could have 400:1 leverage. If we both risk two percent of our $20,000 accounts, it’s $400. This is why I tell folks to forget about leverage and focus on the amount you risk per trade instead.

  21. wish I could have come across your website earlier. I deposited $250 because the broker promised to educate me, now I am learning a lot from you than them. Haven’t started trading yet, still using a demo

  22. hy justin thanks for ur post..
    I’m allways try to read all ur post. article.also price action setup never want to miss.if I missed I feel frustrated really.. real great work

  23. Hi Justine I appreciate your advice on the amount to trade with although is good to try one hand with little amount but not trade $100 for a living that won’t amount to anything for one year on a serious note.Thanks for your advice.

  24. yes, justin send me also list of the best brokers, and is the best forex adcademy to sign up with, appreciated.

  25. I turned $10 into $93.02 on 05/29/2018, it took me less than 8 hours and now things are looking fantastic.I believe that it all depends on the perspective as to how much you want to profit and how much you are willing to risk in order to get there. I am 100% sure that i can turn $500USD into at least $7,500USD in a month, i have found something that most people have not realized. I thank my broker for this, (i don’t think he knows though), i will not mention who my broker is either because some people may think that i am just creating false advertising, whereas i am only telling my experience from starting with only $10USD.
    Have a wonderful day everyone.

  26. I got ripped off by a bogus broker recently, it was difficult to get a withdrawal after several failed attempts. I had to hire a recovery solution firm to get my funds back. Glad this is finally over for me.

  27. I got ripped off by a bogus broker recently it was difficult to get a withdrawal despite several attempts. I had to hire a recovery solution firm to get my money back. jackiewill32atgmaildotcom

  28. Hi Justin,
    Thank you very much for this write up. I have learnt quite a lot from here today.
    I would really like to build a financial portfolio with forex, and I don’t intend to do that as an active trader, although currently, I am trying to understand the market demo trading. But, the losses far outweigh the successes though. If you wouldn’t mind, can you please review his telegram channel for me?
    They are a free forex signals provider and also offer paid services too. And so far, they seem to have a high winning rate, and over 20,000 subscribers. I intend to subscribe to their paid services soon.
    I am eagerly expecting your review and thoughts about the channel.
    Thanks in anticipation.

    Emmanuel from Nigeria

  29. Resistance becomes new support and vise versa after breakout. When is the new support or resistance get disqualified?

  30. Thanks very much Justin, am from Nigeria, i understand your notion quite well but my simple analogy goes thus: 1 US Dollar to Nigeria naira is currently 360, in variably $100 to naira is approximately N36000. in actual facts if one invest $100 for a start and get in return $1 to $3 a day in conversion to our currency thats cool profit though? except if you tell me making such amount with $100 is not feasible?
    from my understanding it all depend on what income suits one’s need

  31. I read your article, and just don’t get the point. If I’m comfortable losing $100 and not $1000 in a new venture, then what’s the big deal? To me, trading shouldn’t be about impressing some person and opening an account with $1000 just to show that you’re ”serious”. To who? For what? Why would someone expect to make lots of money from $100? If someone is trading with such low amounts, then they should expect low returns… It’s that simple.

  32. am are beginner and am using XM global…..but the problem is I deposit $100 but when I open that real account on mt4 I can’t place an order because of the leverage they have given me

  33. I think it also depends on the country where the trader is located. $100 could be big money. Say a country like Venezuela. 4% profit can be big profit. But for a country like US, it is peanut.

  34. Invest with a legit company where you have have access to create and fund your live trading account yourself, And have full access login to be monitoring your trading account how your trade profit move,and at the end of every successful trading period you can place your withdrawal request to your btc wallet. DM investor_Marcus

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  37. The stuff written about $100 will not make you satisfied is completely correct. Over trading follows after that.

    Even it is small amount of money beginner can invest it and practice on that small amount to see how emotions affect him when there is losing trade or wining trade.

    Losing trade will push him to open higher lot size on the next trade to get back what is lost.

    Wining trade will give confidence that the next trade with larger lot size will be also successful.

    Thanks for the information written.
    Those who are starting to trade will come back after some time and verify all what is said because everythings is on the place.

  38. trading with a small account is a big mistake. people who enjoy forex trading with little or no high blood pressure are those with heavy account. they can always quit a loosing trade take the other direction, bounce back and hit target easily. $100 to $1500 is like a sacrificial lamb in forex trading. my opinion

  39. I read you complete post which you explained above and I agree with your views 100% and while reading I found you genuine so I thought to as you a question because i have this feeling you opinion might Help me to increase my knowledge, before going into my question I also want to say that English is not my first language but still I’ll try to ask my question clearly.
    In 2015 I came across financial market binary option which is derived from forex pairs I assume you know about that market. i tried demo then real with 50$-100$ 2-4 times I lost that money but what I found later in my after trade analysis, number of trades that I won was 70% so what if with that % of wining or even with 60% if we go with martingale principle after loosing next trade should be of 2.5 times the first trade or bet but suppose someone starts with 1$ and he looses the trade so whenever is finds opportunity based on his strategy he trades with 2.5$ loses again, 3rd with 6.25$ looses again and so on its like 1$-2.5$-6.25$-15.62$-39.06$=total loss 64.43$ after this he should not multiply instead start from 1$ short he has to win 1 trade in 5 to be in profit market return in call, put option is 80% of cannot start with 10$ as multiplication will be too much to handle for EXAMPLE: 10$-25$-62.5$-156.25$-390.62=644$ he can loss…so by this can some one generate profit in a long run?

  40. You have set things right. $1,000 should be minimum to start trading because everything below will not satisfy inner needs and that is to make money high enough.

    Do you have suggestion how should trader who do not have $1,000 to deposit save money and trade on demo until he saves enough? I am pointing here to stay on the demo and not going live before acquiring $1,000 for live trading?

  41. I initially invested a total of $105,000 over a period of 5 weeks. My bonus/profit was $830,000, every attempt to make withdrawal failed and I was instructed to make another deposit of $25,000 before I can make withdrawals which I did. Up till now, I’m still unable to make withdrawals and all attempt to contact broker has failed. This is very pathetic and I felt so bad losing my investment. I did a due diligence test before investing with them but guess what I ended up getting burned. This is to create awareness, not everybody can be as lucky as I was. I’m saying this because I was able to recover my funds. Thanks to a recovery specialist, she’s a private investigator and wealth recovery expert…Contact her on Hack-assets via google mail for more inquiries. email; (, Thought someone might find this information useful.  

  42. Hello these fake brokers take advantage of people who seem low risk and fragile. It sucks when all you wanted to do was to invest your money into something that secures a better future for yourself and your family only to get ripped off. I can recommend a solution to anyone whose in this situation and interested no cost of recovery attached payment to be made only after you have received your money. However terms and conditions apply LukeReynold at protonmail at ch

  43. Some people had bad experiences dealing with certain traders and brokers, they lost their money and trust. If only such people could boldly share this experience with us, it will save us from falling for further unregulated unreal brokers who steal our money in the name of investments.
    Pls share your experiences with IVT Cysec on dimitru (at) ivtcysec-recovery,tech

  44. maybe I missed it Justin, but I didn’t see your email address. I looked over the article 3 times trying to see if i missed something.

  45. hello . very nice write up…. i have been playing with my demo account for 4 months now .. and i consider my self a ” knowledgeable novice”. however , i have an emergency situation and need cash fast , more than i have in the bank ,and more than i can can barrow. i do have $10.000 in a savings acount that i can use to open my first live account , to grow RAPIDLY … but id need to adjust the “safe 2%” to a much more ….AGRESSIVE number . any pointers ,or advice ? please ? i know its not a great idea . but my backs aganst the wall

  46. All thanks to Mrs Cali David a recover expect who has help me and many others to get back our lost funds and profit back from our scam broker I highly recommend you to contact her if you been a victim before she honest contact her via email address Calidavid41@gmail. Com or WhatsApp +12813520297 She honest and Trustworthy.

  47. hello Justin i enjoyed reading your post. i want to start forex trading but not immediately i want to be coached and mentored. how can i open a demo account? and go about this

  48. Correct it might seem cool at first making soo much with so little but it going to catch up with you ,and with 1 trade you blow your account 2% risk of your capital is having the right money management mindset

    1. This is extremely easy to understand. Even if you do not know anything regarding Forex trading, Mr Jeff Madeloff will explain and guide you in the right direction. That was how he guided me with my capital money of $200 which earn me $1850 within few days. As a newbie Mr Jeff will be in the better position to guide you. You can reach Mr Jeff on WhatsApp +1 863-356-3091

  49. well, I did something abet different , After a while in Demo about three months I have decided to move to live account , so I opened standard account & already had my dispensable 1000 $ , BUT the question do I add full amount or add it gradual , so i decided to add them gradual 200 $ at a time , why i did that as I was sure i am not ready yet & there is a lot to learn in this great business ,is this decision right ?

    Dam right it is , although i have lost most of this amount ( well there is 300 $ left ) but for the experience i get , trials & errors & for the most i have learned alot about my self regarding disipeline & emotions which I believe my bigger challenge in this business ,
    Finally I believe you need to pay for learning & no better coach than the market….. and Justin of course.

  50. Cybervenom6 helped me all round, touched my life in different angles from relationships to recovery, i got back $80k from 356binarytradingoption. You can contact him via email at Cybervenom6 AT gmail DOT com

  51. Hi, i’ve just had about forex trading twice, at first i thought it was a scam, but today when i had it from a colleague and i gave myself time to read a little about it, i felt convinced and realized that it is trustworthy.

  52. Please advice on Forex trading step by step where and how to start, minimum amount for a start. I am South African residing in South Africa.

  53. I AM RISKING $5000 in FOREX account. I want to be able to make 25 trades with this. So each trade I can loose $200.
    What would be the amount i should invest in each trade. PLEASE use USD/TRY pairing as an example. thanks

  54. yes you can easily start trading with $100, Because here are many broker who start trading with minimum deposit like $10.In this artical you provide a good information about trading with minimum deposit. But , forex trading is not for those who don’t have the potential to bear the loss and for people with a weak heart condition. Because forex trading is also associated with some risks, but these risks can be avoided by taking precautions.

  55. yes you can start forex trading with $100. many brokers helps you make this trading journey easy going and affordable.Forex Account Types and Lot Sizes
    There are four primary categories of forex trading accounts. There are several other, but usually, forex brokers offer these four types:

    Nano account
    Micro account
    Mini account
    Standard account

  56. Am Hesbon Bwire , i have been on demo account for almost 1 month after loosing 300 dollars . If i invest 3000 dollars which is the ideal pips because i think my last investment i had put higher pips of 1.00 .

  57. Western capital is not a broker you should invest with, i’ve learned the hard way. Had to contact a recovery company before i got my deposits back and it wasn’t easy finding a good company. Lucre recoup is the company that helped me, you can contact them at lucrerecoup DOT com, their agents are experts that love their job

  58. I need to start trading with very less amount since I’m very poor below 50usd..pls help me and guide me

  59. I found that TAGZ is a scam. Also invested on their platform ,after they kept asking me for kyc I got suspicious and did not invest more. They did not give me my investment (50,000 €) nor profits back. Luckily chargebacksecured dot com helped me get my money back the right way.

  60. ive invested2k in a forex trade desk. they turned my 2k into 18k. they are giving excuses why i cant collect. plus on the site i cant see any trade activity. what can i do. i really want to trade. plus they used bitcoin as my investment

  61. Je kunamtu ananishauli nianze na £20 nisawa I’m sorry not to speak English and Swahili Tanzania

  62. Many people think that you require a massive amount to trade forex and enhance profit. However, if you wish to trade in the forex market, you just need $100 to get started. If you somehow manage to create and apply a successful trading strategy, then your first 100 dollar forex trading account could change your entire life.

  63. Thank you Justin Bennett ,I have been reading nearly all of your very helpful and great information on your trading system and i continuesly practice what you teach.

  64. Foreign exchange or forex is the largest financial markets globally, which goes past $ 5.1 trillion of transaction daily. Going by the vast numbers, it makes for a bright prospect for investors and traders worldwide to add some wealth in their account. The volumes are voluminous here, and so are the opportunities.

  65. Many people think that you require a massive amount to trade forex and enhance profit. However, if you wish to trade in the forex market, you just need $100 to get started. If you somehow manage to create and apply a successful trading strategy, then your first 100 dollar forex trading account could change your entire life. Contrary to this, if you wish to play your first inning in the forex market or want to try your luck, then a $100 loss is not a big one. It will not leave you bankrupt like those who lose on big trades and end up losing entire capita

  66. They will take all your money. Run far away from them and never trust them with your funds. I was lucky to get help from sûppørt at ônestandardfinance com! I would have been in pains right now.

  67. Investing in crypto currencies is really cool especially with the current rise in market now. there’s this trader that have been trading with on IG and it really good because I have been making lots of profit. You can get in touch with Trader Daisia via Telegram and Instagram by searching for her username, trader_daisia username on Telegram and IG is, trader_daisia

  68. You have lost money trading binary options don’t feel bad, Contact( hack 101 at  tutanota dot com) ( ,  they just helped me recover my funds $89,000 from  binary investment company online   the whole process was smooth and after what these brokers had done to me .. Thanks to Dr Hack101  and his team were really true to their word, very happy to share this with everybody that lost to binary options /bitcoin. 

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