View Poll Results: How big was your first FX Account?

Voters
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  • $100 or less

    37 20.33%
  • $100-$1000

    68 37.36%
  • $1000-$5000

    48 26.37%
  • $5000-$20000

    20 10.99%
  • $20,000 or Above

    9 4.95%
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Thread: How big was your Forex Account when you Started?

      
  1. #101
    oooRAH! USMC's Avatar
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    i started with a $500 account at fxcm

  2. #102
    Pips Is My Game leah0024's Avatar
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    i think for newbies, it would be a wise and safe if you'll start with the minimum account $200. it's too risky to lay ace on the table if the event has just started. if you know what i mean..

  3. #103
    Administrator Mike's Avatar
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    Alot of experts say don't start with anything less than $5000, some say $10000, but that is unrealistic for many people to have $10,000 disposable funds to invest into something as risky as Forex.
    <-------------------------------------------------------------------->
    Quote Originally Posted by kenycymro View Post
    Feeling very inadequate $189 with eToro and $164 with Alpari-UK. After reading all the threads this is far too little money..
    I was thinking of using a an EA (Forex Typhoon) but cant get it to work properly, and their support is non-existant
    Yes, I'd hate to see you run around in circles chasing phantom promises of profits from an EA. I suggest you use our Forum to find a method that works for you, we've highlighted some of these methods in the form of Sticky Threads and are discussed heavily here so they remain at the top of the thread lists.
    <-------------------------------------------------------------------->
    Quote Originally Posted by eabestprofit View Post
    Ive started with 500USD on Alpari-UK and make in half year from 500 now it is 8946
    All with eas and self trading strategys. If someone need help for that PMme for me is no problem for teaching somebody
    Very good job. I think our users can be helped by some of your insight if you wish to share
    <-------------------------------------------------------------------->
    Quote Originally Posted by Rrossi333 View Post
    I just opened my first account with $500, hoping to add some zeros to the end
    Good luck to you Rrossi333

  4. #104
    Administrator Mike's Avatar
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    Quote Originally Posted by Bichiz View Post
    I started with $1000.00 and in one month I had $2500.00 It was great and it still is.
    Care to share how you became so successful in one month? That's quite a Return
    <-------------------------------------------------------------------->
    Quote Originally Posted by SPANKIE View Post
    all $500 of my initial deposit at FXCM is GONE!
    That's truly awful. Hear a lot of bad stories coming out of FXCM like that.

  5. #105
    My Pip Hand Is Weak mmgateway's Avatar
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    Fail Started with...

    I Started with... $500 and then i bust it . I learned and came back with more confidence but this time round I bust 2.5K. When I was about to give up, my friend taught me his trading skills and sharpened me. I came back with $300 and this time round it was never the same again

  6. #106
    Pips Is My Game leah0024's Avatar
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    patience is a virtue my friend.

  7. #107
    Pips Are My Game bear's Avatar
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    I dumped $1000 into FXCM and I am down to $100! Total crap!
    "The box said 'Requires Windows XP or better'. So I installed LINUX..."


  8. #108
    Just the Price Ma'am! PriceWatcher's Avatar
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    I started with a $2500 forex account and it quickly grew to an amount I do not wish to divulge.
    Watching Price Like it's 1999!

  9. #109
    Will Work For Pips
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    I haven't put real money down yet, just testing the waters...

  10. #110
    Pips Is My Game leah0024's Avatar
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    Thumbs up

    Quote Originally Posted by GoTo View Post
    I haven't put real money down yet, just testing the waters...
    demo accounts helps a lot... it helps to get used to everything before you go to the real one.

  11. #111
    My Pips Are Growing Medieval's Avatar
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    I'm actually holding on to $1000 until I find out what the best way to trade with it is.

  12. #112
    My Pip Hand Is Weak Jagg's Avatar
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    Just testing things out with $500 mini account

  13. #113
    Pips Is My Game leah0024's Avatar
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    what's the safest amount to start an account?

  14. #114
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    Quote Originally Posted by #01 View Post
    I started with exactly $11000 and turned it into $100,000 in a year. All bow!
    Pats back... Well done
    <-------------------------------------------------------------------->
    Quote Originally Posted by leah0024 View Post
    what's the safest amount to start an account?
    It's not so much the amount, it's the amount of leverage you use. The less leverage you use the 'safer' you are; and the lower the profits...

  15. #115
    Forex Warrior zunmation's Avatar
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    I started $1000. 2 years ago.

  16. #116
    Pips Is My Game leah0024's Avatar
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    Quote Originally Posted by Davidee View Post
    Pats back... Well done
    <-------------------------------------------------------------------->


    It's not so much the amount, it's the amount of leverage you use. The less leverage you use the 'safer' you are; and the lower the profits...
    i see. i thought it's with the amount you will start with..thanks davidee!

  17. #117
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    Quote Originally Posted by leah0024 View Post
    i see. i thought it's with the amount you will start with..thanks davidee!
    LOVE y our picture

  18. #118
    Will Work For Pips
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    mine was not that big

  19. #119
    My Pip Hand Is Weak mmgateway's Avatar
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    Default Always try it on a demo first

    I won't really recommend traders to start any amount below $300~$500 USD. Well I started around $300.
    Its at best to get skills sharpened on a demo account before getting into action. Practice makes perfect.

  20. #120
    My Pip Hand Is Weak
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    Starting out with $500 at AC Markets