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BlogHow much money do I need to start forex?
Minimums range from $10 to $1,000 but start with $500-$2,000 for meaningful risk control. Risk 1% per trade: $1,000 account risks $10, supporting 10-pip stops on micro lots. Below that, spreads consume profits. Pros use $10k+. Factor living costs if trading full-time. Demo first, then micro account.
What this looks like across the brokers we track
Across the 41 brokers BrokerAnalysis tracks with a USD-denominated minimum, the median minimum deposit is $25, ranging from $0 to $2000.
Measured across 41 entities in the BrokerAnalysis dataset. See the full broker comparison
Answer
Minimums range from $10 to $1,000 but start with $500-$2,000 for meaningful risk control. Risk 1% per trade: $1,000 account risks $10, supporting 10-pip stops on micro lots. Below that, spreads consume profits. Pros use $10k+. Factor living costs if trading full-time. Demo first, then micro account. Capital alone doesn't make winners—education and psychology matter more.
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