Forex Mini Account Archives

Forex trading question about mini accounts ?

I am interested in learn more about forex trading and possibly after some research opening a mini account to start small. I have visited a few websites and something I dont fully understand is How can it be advertised that you can open and start trading Forex with a minimum deposit of say 0 and then the it says the minimum trading deal size is 00 ? I don’t get it

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Forex mini account-returns and tips

How and how much
I am a newbie and would like to know:

1. If you have experience trading mini account (300 $).
2. Are you able to generate at least 30$/month?
3. What technical indicators do you use?

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Can i use Zulu Trader to trade a mini forex account?

I see that Zulu Trader has an app for the Iphone and i have a mini fx account with FXCM. I was just curious whether or not this is compatible with the mini accounts.

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Best forex brokers and trading platforms ?

What is the best platform to trade real forex? I mean, considering most of the features, like if its trading software is good, if it’s reliable, if the money transfer of deposit and withdrawen is fast, if it’s convenient to do trading with it, if the support is fast and effective, and so on and so on.

Is there any good platform support Paypal or has european bank account?

Thank you for informations. I’m planning to do real trade, but first only with a mini account.

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Best forex brokers and trading platforms ?

What is the best platform to trade real forex? I mean, considering most of the features, like if its trading software is good, if it’s reliable, if the money transfer of deposit and withdrawen is fast, if it’s convenient to do trading with it, if the support is fast and effective, and so on and so on.

Is there any good platform support Paypal or has european bank account?

Thank you for informations. I’m planning to do real trade, but first only with a mini account.

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Forex Hitter Mini account?

I was told that if you deposit into a mini forex account that you can make money? before i do this I wanted to ask you guys your opinion…

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I have a standard account but the smallest lot size I can buy is 100,000, what can I do if I only want to buy 20,000 or 50,000 for a lot size?

Why is it bad opening a 250$ mini-forex account?

FX / Forex, with a smaller budget?

Hi, Everyone! I am a FX beginner.
I am now taking a FX online course, and learn how to trade without making too much risk (definitely day trade). Right now, I am practicing with a Demo account.

This online course is introducing us a website for our practice, which has a contract of 100,000 of the base currency . With my budget, for me to be qualify for this, i have to use a high leverage, I was hoping to use only a couple of thousand dollars to start with (like a mini account). I dont want to use a high leverage.

Do you know and recommend any reputable/reliable online websites which you have actually used, and where someone like me can start (with
smaller amount money ) ?

Thank you in advance.
I did not know that Anyone knows a site called Oanda ?

I could not find a mini account service at FXCM ..
Thank you very much for all your feedbacks.
I am still reading your posts, so please add more information if any. Thanks!
Oh, also.. What currency combinations do you recommend? I will be starting with USD as my base. I have practiced with my practice site, with Australian, New Zealand, Euro, & Pound.
Thank you so much for all your input.
I only can choose one best answer. ;-(

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Are fx managed accounts good?

I'm interested in investing in Forex, but I dont have the time to be trading myself, so I would like to know if a managed account would be good, and how to know if it is managed by real people or by a black box? what brokerage firms would be good for opening a mini-account and managed by someone?

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Does anyone use MACD for the Dow mini?

I have been experimenting with some tick charts. Has anyone had success with the MACD on the Dow? I've recently switched from forex because it's tough to get a decent broker without having a very large account.

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It seems to me I can't visit a finance related site without seeing something about forex trading to the point that I see ads for 0 "mini accounts." It seems to me that trading currencies is exceedingly risky and only for the very sophisticated investor. I trade in options but I moved into that from equity investing. At least in that area I can still look at fundamental corporate performance and detailed economic forecasts to research my options activity. In the world of currencies, however, no such audited, published information exists. While I am sure there are huge amounts of money to be made, it seems as though the average investor has less chance of being successful in the long term with forex than even options trading. Are people just being drawn in to forex like all the late night "Flip this house" infomercials?

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How much pips i can withstand with USD1000?

i'm new to forex. i plan to open a mini account with USD1000. what leverage i should use? i plan to gain little by little. 6-10 pips per trade.

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I've read up (or have been trying to) on trading in the FOREX, and would like to start trading. I know many brokers offer "mini accounts", which is the type of account I would like to start with. I tried a couple of the practice accounts, and did pretty well, so I think I'm ready to start using real money. The problem is there are so many brokers, and I don't know anyone who already trades to get some opinions about them. I'd like an honest broker (if one actually exists), offering "mini accounts", tight spreads (1-3 pips), and decent leverage. I'll mostly start out trading EUR/USD, and probably venture out once I get comfortable trading. Thanks for any help.

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i plan to open up a mini account. need some advice here. btw, what will happend if i placed an order through the internet but the price at the counter changed? the internet connection in my area is slow and not responsive.

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Hi,
I was looking into the forex trading market and I was wondering which online trading site is the best and has the smallest minimum deposit and is trust worthy. is there any forex sites that accepts payments from other countries other than the US. I reside in India and so having a bank account in the US will be a problem, since paypal will not work for me either if I want to withdraw money from there.
I looked into fxcm.com and it has a minimum deposit of 300$ US and forex.com has a minimum deposit of 250$ US for the mini account and avafx.com has 100$ US minimum is there any other good site? also it should show results in real time.
Thanks.

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I know most people tell you to manage your own money but I wouldn't know where to start. I'm looking for trustworthy sites that would allow me to start with a mini managed account, under 10k. I tried to find out the past return for some of these companies and I couldn't find nothing from no one. Shady?

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Hello guys,

I'm interested in learning more about forex, options and futures trading. I heard that there are mini or micro account that can go as little as US$ 200 or 300 dollar. Is it true ?

Also, any recommendations for free forex, options and futures trading simulators ? I know that some websites provide this service but usually the virtual capital is too high (10K or up), and I want to set the initial capital to small amount like US$ 300 or 500.

If possible, is there any recommendations for courses/books ? I'm not aiming for those "fancy" amount of income, several thousand/month is OK. Of course I'm not looking for courses that cost hundreds or thousands of dollars…
Thanks for the input. I agree that it's a bit too much to expect thousands of returns for such a small amount of capital.

But, if I expect my capital which is around 300 or 500 to be doubled by around 1-2 month. Doesn't is sound possible ????
My plan is actually something like this :
The capital will be 300 or 500. The goal is to double the capital by around 1 – 2 mounth(s).
When I have more money, I will buy more lots…

To make it safer, every time I manage to double the previous capital, I will do one more time before I plan to use more capital to trade.

It will be something like this (US0 capital) :
500 – 1000 – 1000 (don't use for trading) – 2000 – 2000(don't use for trading) – 4000 and so on …

Now the problem is to find the system that are able to do this… Any recommendations ?

I personally distrust systems that cost hundreds or thousands or dollars. There are simply too many scams…

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what is a stock investors average income?

basically i want to open a mini account in forex and have ,000 to put into it. if i am an above average trader, how much will my income be by the end of the month if i trade about 2 hours a day

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Whats a decent number of pips to earn on a trade? I've generally been pulling the plug at 15 which is around 10% of my 0 mini account.

What's a respectable pip haul for a single trade? I have the self control to not get greedy, but I don't know where the line is. I also realize I could do a trailing stop, but I feel more comfortable locking in my profit when I have it.

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I'm currently using a Mini account, but I'm struggling seeing that I don't have the 200:1 leverage nor the 00 for a standard account. Is there any good sites for mini account daytraders? Any tools? Any good entrance/exit signal sites? Good forecast sites?

I need sites specifically for daytraders!!

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Mini Forex?

Does anyone have experience trading Mini Forex? Is it profitable? 200:1 leverage on some accounts. What minimums do you trade with and work your way up to?

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Best forex brokers and trading platforms ?

What is the best platform to trade real forex? I mean, considering most of the features, like if its trading software is good, if it's reliable, if the money transfer of deposit and withdrawen is fast, if it's convenient to do trading with it, if the support is fast and effective, and so on and so on.

Is there any good platform support Paypal or has european bank account?

Thank you for informations. I'm planning to do real trade, but first only with a mini account.

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