Can I open a Forex Micro Account for 500?

Updated on Financial 2024-06-08
18 answers
  1. Anonymous users2024-02-11

    If it is 1:100 times leverage, you can still do it with $500, because the occupied margin is $100. However, in terms of risk, it is relatively large and easy to liquidate.

    It is advisable to invest less or choose other investment methods. If you are interested, you can add me to communicate with each other.

  2. Anonymous users2024-02-10

    $500 is OK.

    The calculation method is to deduct the required margin from the book first.

    With a leverage ratio of 1:200, the margin required for the hand should be 5 US dollars, and the point of each point is about 1 cent, that is, if you only do the hand, you can bear 4950 points, remember the importance of the position ratio, if the judgment is wrong, you can increase the position if you want to continue to hold, but it cannot be exceeded, so that you can only control it at 950 points.

  3. Anonymous users2024-02-09

    I don't know if the leverage ratio of 1:100 can do this, you must first consider whether the platform you open an account can ensure the safety of your funds Besides, this is also very passive, the risk tolerance is low, and it is easy to liquidate It is recommended not to do this with less capital.

  4. Anonymous users2024-02-08

    Yes, in general, in a 1:200 foreign exchange account, a standard lot of foreign exchange margin is between 500-800, and you can trade lots, then you have a principal of 500 US dollars to trade. First Jinhui Deng Sheng is happy to answer for you.

  5. Anonymous users2024-02-07

    If you have a leverage of 1:100, the margin needs to be $1,000, that is, the account opening capital needs to be $1,000, but you have to operate, the $1,000 is used as a margin and cannot be moved, you can add me to talk about it in detail.

  6. Anonymous users2024-02-06

    It's you again = what a coincidence.

    OK. FXCM's Micro Account can be used as a hand.

    $500, 200x leverage is OK.

  7. Anonymous users2024-02-05

    Even a micro account is a hand, otherwise how to enter the international market?

    Do you want to hedge it directly?

    It's very convenient for the funds to go in, and if you come out, it's hard to say if you want to make an investment, just follow the regular platform, why bother to be greedy and cheap, and suffer a big loss?!

  8. Anonymous users2024-02-04

    Just use this and open an account by yourself in the space.

  9. Anonymous users2024-02-03

    Don't trade with such a small amount of money.

  10. Anonymous users2024-02-02

    It doesn't take a lot of money. Foreign exchange margin trading is to allow customers to use a small amount of money to carry out a large amount of trading. For example, most investors will be spared the super-best**.

    With 500 USD, a client can operate a trade worth 10,000 base currency. "MT platform" forex trading is basically the conversion between two currencies in the world. The most important function is on the international **.

    Changes in exchange rates will not only affect the performance of countries' economies, but also change their international advantages. Because the amount of money required for margin trading is not the same as the actual transaction. The required funds should be less than the actual transaction amount.

    Hence the name margin trading. Margin trading is when investors trade foreign exchange with financing provided by banks, market makers or brokers. The general financing ratio ranges from 10 to 100 times.

    For example, a broker offers margin trading at 1:100, and investors can trade forex for $10,000 with just $100. It fully reflects the leverage effect of small and large.

  11. Anonymous users2024-02-01

    There is certainly no limit to the amount. But only if you can make a profit on that $5. If you can, please let me know, I'll give you $500 to help me make a profit.

  12. Anonymous users2024-01-31

    1. When opening a current account for the first time, a domestic institution shall register the basic information of the domestic institution at the Foreign Exchange Account Management Section of the Current Account Division of the Department of Foreign Exchange Administration in Beijing with the following materials, and then go through the account opening procedures at the designated foreign exchange bank.

    2. The original and photocopy of the business license or the registration certificate of the organization or the registration certificate of the resident representative office of the foreign (regional) enterprise (the office in China) (the original and the duplicate are acceptable);

    3. The original and copy of the organization certificate.

  13. Anonymous users2024-01-30

    Look**, novices don't invest a few thousand more, just let the family **make money, do anything small, don't listen to fools.

  14. Anonymous users2024-01-29

    The technical trend of this market is very strong, and it is not difficult to speculate on foreign exchange, which is nothing more than three aspectsmoney management; 2.technical analysis; 3.

    Mentality. Mindset is the most important thing. If novices do not have the guidance of professionals, they will take a lot of detours and pay a lot of tuition.

    There is a lot of information about foreign exchange on the Internet, but to screen, not all are right, I have a lot of technical information on foreign exchange, and there are also a lot of experience in foreign exchange trading, if you are interested, you can QQ further exchanges, I hope to help my brother, we make more dollars, and earn foreign exchange for the country.

  15. Anonymous users2024-01-28

    There is no such thing as safe profit! But the more months you deposit, the less risk you have! We can open an account with a minimum of $500! But it is advisable to do more!

  16. Anonymous users2024-01-27

    It doesn't matter how much money you make a safe profit, you can do it with a $3,000 standard account and a $500 micro account, and there are a lot of domestic black markets, so be cautious. I used to make an iKang platform, and the funds were safe in and out, but the old jump point. Find a strong company in your city and ask.

  17. Anonymous users2024-01-26

    Profit is not a matter of more money and less money, foreign exchange speculation is based on personal experience to make a profit, you can go to the official ** of Global Exchange International to consult us.

  18. Anonymous users2024-01-25

    This depends on how big you are** and how big a single volume you make. Forex is a high-risk investment, and it is impossible to say that it can be safely profitable.

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