Is forex trading capital intensive?
No. FXA requires a minimum deposit of $250. FXA allows customers to execute margin trades at up to 200:1 leverage. This means that investors can execute trades of $10,000 with an initial margin requirement of $50. However, it is important to remember that while this type of leverage allows investors to maximize their profit potential, the potential for loss is equally great. A more pragmatic margin trade for someone new to the FX markets would be 20:1 but ultimately depends on the investor’s appetite for risk.
Most forex brokers require a minimum deposit of just $3,000 for opening a regular forex trading account, and only $1,000 for opening a mini account. Forex brokers enable currency trading to be conducted on a highly leveraged basis. You are able to select the degree of leverage or gearing that you wish to employ in trading. However, it is important to remember that while this type of leverage allows investors to maximize their profit potential, the potential for loss is equally great.
No. Refco FX requires a minimum deposit of just $2000 for opening a regular forex trading account, and only $300 for opening a mini account. Refco FX enables currency trading to be conducted on a highly leveraged basis. You are able to select the degree of leverage or gearing that you wish to employ in trading. Unless you specify otherwise, Refco FX sets your leverage level at Trade Center Inc.’s most lenient requirement. However, it is important to remember that while this type of leverage allows investors to maximize their profit potential, the potential for loss is equally great.
