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I have a question about Forex and Margin


Guest Eman

Question

Is there a minimum amount of money required to be in your account before you can start using leverage to buy currency pairs in the Forex market? I was hoping to start trading Mini lots with just $200 using a 50:1 leverage.

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Guest K man

Well, yes and no, I  believe that IG allows you to open live accounts with $0 in them, however to trade/invest you must have funds. With CFD Trading your margin cannot exceed your available funds, your broker will most likely automatically close your position if it is larger. You must trade within your financial limit.

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