How much money do I need to start in forex?

[Tunde]

The amount of money that is needed to get started in forex will depend on the objectives of your trading and your risk appetite. There are brokers where you can start with just $10 and others that lets you start trading with just $5. But if you start with higher money, it means greater flexibility and lessens the chances of having to lose the investment in a short time due to market fluctuation.

[Stockfocus]

The amount of money that is needed to get started in forex will depend on the objectives of your trading and your risk appetite. There are brokers where you can start with just $10 and others that lets you start trading with just $5. But if you start with higher money, it means greater flexibility and lessens the chances of having to lose the investment in a short time due to market fluctuation.

Forex trading doesn't require a huge amount to start. But having a big balance in your Forex account is also useful to meet margin requirements.

[Festus]

The amount of money that is needed to get started in forex will depend on the objectives of your trading and your risk appetite. There are brokers where you can start with just $10 and others that lets you start trading with just $5. But if you start with higher money, it means greater flexibility and lessens the chances of having to lose the investment in a short time due to market fluctuation.

Forex trading doesn't require a huge amount to start. But having a big balance in your Forex account is also useful to meet margin requirements.

I believe that the newbie should start investing with a very small amount and they can then increase the money with time as they gain more experience.