FXCM minimum is 50USD.
but I strongly not recommend.

Use demo to learn everything first before you putting 1k usd into forex.



Take forex as investment not gambling.
In this fast market, your 50USD can be gone in a sec.

Smaller capital, smaller SL area allow for the price to breath; easier hitting SL, easier lose all your money.
Larger capital, lager SL area for the price to breath; harder hitting SL, harder lose all your money.

*the meaning of "harder" doesn't mean there's no chance hitting SL, but a better percentage not to hit SL. And after hitting SL, you still got fund to open another position.

This post has been edited by zDarkForceSz: Sep 5 2013, 05:20 PM

High risk robot =x

yea... almost 30% drawdown - -

few pair is flat today

lower than what i expected.
if i trade small small volume and with the smallest leverage, 100USD ok or not?

then you need to have a tight money management ..

need to wait next week ..the market would be fine ..

unless u love to trade during NFP tomorrow ..the risk all yours then :-)

Want to see something better?

this is because I change the default lot size 2.5x more just to get a bit more profit. the default starting lot is 0.1. a friend of mine using it at default settings 0.01 - to 0.1 (0.1 max) the statement graph is almost linear with very minimum "down spike"/drawdown

This post has been edited by eddyann: Sep 5 2013, 06:02 PM

GBP Asset Purchase Facility and Official Bank Rate every month also same value, should we buy GBP or sell GBP for this kind of news?

still pretty new here. just wondering which website has the lowest commission charge?

nice movement on EU and GJ .

waiting for next major move ..wait and see

You need very tight stops ( Actually, you will be forced to have very tight stops)

I went short for GU...now banyak red....

now try demo acc, today trade by follow forex calendar, lose like hell...

if trade live with tight stop, not dare to imagine....

Definitely not a good robot.
Raise the risk by 2.5x but yet give return of 600++USD only.

Smallest volume = 0.01lot (1pip = USD 0.10), and you need LARGER leverage not SMALLEST =1:500 ~ 1:1000
You have to win 10pips for USD 1 and 100pips for USD10.
Haven't minus any charges like swap/commission.

Your SL is tight like no tomorrow for the breath to breath, and you got higher chance hitting SL before rebound to hit your TP.
Demo along your way before you invest USD 1000.

Below this 2 sifu already tell you about USD 100 is hard for your money management.

Bro, you mean broker?
Not all broker charge commission.
When broker provide you with forex pair from 0 spread, this means broker charge commission.
If broker provide you forex pair with 1.0spread onward, they earn from the spread itself, and won't charge you commission.

Swap is another story.

ECN broker who provide forex pair from 0 spread normally charge you commission.

I think commission is not the main problem, but you're able to withdraw your money back to your account is the main issue in this industry.
Make sure your fund is safe in other people hand, then only think about commission.

*Note a lot people blindly invest yet one day unable to withdraw their money.

Can I ask, I got a 1:50 leverage demo account, when I opened a 0.01 lot trade, the margin show "5.00".
Is it means that the trade will automatically close when it hit -50 pips loss (which is 5 USD) ?

no my friend. the Margin means the amount of money you used to hold that position.
(Equity)/(the margin in used)*100 = Margin Level %

For example you got USD 100, with lvlrage 1:500, standard 0.01lot (1pip = USD 0.10)

EurUsd @ 1.3171
Required margin to open Standard 0.01lot = USD 2.63

Margin Level = (100-2.63)/2.63*100
=3702.28%


For my broker FxPro



Learn to manage your money unless you always wanted "Margin Call"

This post has been edited by zDarkForceSz: Sep 5 2013, 09:49 PM