Forex Focus Information from Elliott Wave International

How Do I Start Trading Forex?

MYTH: You need a LOT of money to trade Forex.

FACT: Unlike stocks, options, or futures, you can start trading with as little as a couple hundred dollars. Most online Forex brokers offer "mini" and “micro” trading accounts, some with a minimum account deposit of $250 or less. We will explain this later, but opening such a small account is probably a bad idea, but it does make Forex much more accessible to traders who don't have a lot of trading start-up capital.

You will also need a computer with a high-speed Internet connection.

 

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