What's the right starting capital for trading?

[alkeanAnidem]

There's a lot of confusion about this question.
Many brokers offering variables minimum deposits ranging from $ 100 or even $ 20.000.
Some trading sites (forex, futures, stock) say there's much difference between trading with a large account or small account, and it's best to start with large accounts with minumum deposit of $ 10.000 or $ 25.000.

The answer is simple: There is no minimum limit to start investing

[alkeanAnidem]

Experts suggest that day traders start with at least a $30,000 account balance to provide for flexibility and the potential for losing trades.

[Tija]

Experts suggest that day traders start with at least a $30,000 account balance to provide for flexibility and the potential for losing trades.

I guess this is so the trader can gather huge profits. When you trade short-term, you can only expect small price changes. Hence, you will need a large capital to produce a high profit.

[Trader_Rob]

I guess this is so the trader can gather huge profits. When you trade short-term, you can only expect small price changes. Hence, you will need a large capital to produce a high profit.

Right. When I started an account, my initial capital was only $100. It was enough for me because I only trade with the smallest lot size and I usually hold it for a relatively long time.

[Aya]

Right. When I started an account, my initial capital was only $100. It was enough for me because I only trade with the smallest lot size and I usually hold it for a relatively long time.

Mine was only $50. My broker did not ask for a huge starting capital and I feel so lucky for that. Although I only started with $50, I eventually added more funds. But it was already enough to start my trades and do some experimenting.

[AbdulShiek]

Right. When I started an account, my initial capital was only $100. It was enough for me because I only trade with the smallest lot size and I usually hold it for a relatively long time.

The amount of money that we need to begin with depends on our trading style and budget. 100 USD is more than enough for a long-term investor.

[Mr. Cid]

The amount of money that we need to begin with depends on our trading style and budget. 100 USD is more than enough for a long-term investor.

The popular 2% rule is an investor trading style where a trader risk no more than 2% of their trading capital on a single investment.

[Mr. Cid]

The amount of money that we need to begin with depends on our trading style and budget. 100 USD is more than enough for a long-term investor.

Always remember that it doesn't take a lot of money to start both in Forex and crypto market. You can start with as little as 50USD.