What Beginner Accounts u use?

[Samson7890]

What Account is the best for beginners? 15k, 25k, 50k?

 

[Fin_Trader]

For a beginner, the smaller the account size, the better. In general, it’s better to first open a demo account and practice there. Or open a small cent account so that the losses are not large while the beginner still does not know how to trade and control risks.

 

[Jefferson91]

Hey buddy, I would suggest you to take your own sweet time to learn forex. There's plenty of information on the internet. Articles from babypips are one good source. Also, you can learn from ebooks and educational videos offered by FP Markets or ICM. Try demo accounts to develop your skills before trading live. Good luck!

 

[Fin_Trader]

Yes, if we talk about beginners, then first of all you need to learn how to analyze the market, create your own trading strategy and test it on a demo account. And only then learn to trade on a small real account, where there will be a psychological component, which you will also need to learn to cope with in order not to lose money. You also need to check the trading conditions and execution of the broker you have chosen. Therefore, it is also better not to invest large amounts in trading right away. This is how I tested my broker, which allowed me to open a small ECN account, starting with $ 100.

 

[blonde]

100&-1000&
it all depends on what kind of beginner he is and who his teacher is)

 

[Fxzombie]

What Account is the best for beginners? 15k, 25k, 50k?

If you are just practicing on a demo account, the bigger the deposit, the stronger the trading margin, but if you want to adjust the amount of funds that will later be allocated for real forex trading accounts, you can try, for example, a $100 deposit plan, in a demo account you can learn to manage funds. $100, if successful it will increase your self-confidence.