Can I start trading with $100

So, guys what do you think; can a beginner start trading with $100? Please share your thoughts so others can learn.

It strongly depends on how much leverage your broker allows you to use. Brokers with low leverage like AvaTrade, TD365, Trade Nation, Pepperstone etc. will require you set down a high cash collateral (aka initial margin) before you are allowed to open a trade.

However, brokers with high leverage like FxPro, Exness, Just Markets, etc. will require a lesser amount in collateral before you are allowed to open a trade.

So, the answer to your question is yes you can start trading with $100 but better use a high leverage broker.

S
@skyfall - 1 month ago

I began my trading journey with $100, trading around 0.05 lot size. So, yes you can start with $100 but keep the lot size small so you don't lose all the $100 in one day. Have a daily loss limit (like $3 a day) once you reach that limit, stop trading and wait till the next day.