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How Much Money Do I Need To Start Trading Forex?

From orbex.com

The quickest and the probably least helpful answer to this question is a fixed amount; say $500 for example. Many brokers do set a minimum amount required to open a Forex trading account. But if you want a more practical answer, then it gets a bit more complicated! This is because part of how much money you need to start trading Forex depends on what you are trying to achieve with Forex trading. It all also depends on a number of other factors, including your personal circumstances, trading style, and strategy among others. First, let’s address an issue that most tend to gloss over: risk management. This is ... (full story)

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