Trade Stock Indices

Minimum Deposit Brokers Accounts

If you trade indices and want to open a real account, and you are looking online to learn a few things first, then you have found the right training website.

Trading with real money is much different than using a practice account. To start, as an indices trader, your funds aren't unlimited, perhaps you only have $1000, $5,000, or $10,000, or you're wealthy and have $50,000 to start.

First thing you need to choose is the trading leverage you'll be trading with, if you're good in trading indices you can choose 100:1 leverage if not then choose 50:1 trading leverage if you have not practiced with a demo then choose 10:1 leverage. The other thing is that even though you select 100:1 leverage for your trading account: this doesn't mean that you will trade with all the 100:1 leverage, you'll only use 5% of these stock trading leverage & only open trades with a maximum of 5:1 trading leverage. The remaining trading leverage will be used to maintain what is known as free margin: money required by a broker so as to maintain your open trades.

Furthermore, a crucial decision involves selecting the appropriate account type based on the starting capital you intend to allocate:

If you as trader have $1000 dollars or less

Start a micro stock account. With $1000, stick to micro lots only. Ignore what your indices broker says. Larger sizes raise risks beyond your capital. Look for brokers with low minimum deposits for indices accounts. If you want to keep your money and make profits with this micro stock account trade on micro lots.

If you have got $10,000 dollars

You can start a small stock account - with $10,000 you can start a mini stock account and only trade mini lots. Mini lots with $10,000 is enough to trade and make profits without taking on too much risk.

If you as trader have $50,000 or more

If you as trader have $50,000 dollars or more then you have got enough trading capital to open standard lots, & you can open a standard stock account. With $50,000 then your trade capital is enough to transact the standard lots and contracts without much risk to your trade capital. However, make sure that you as a trader have read this tutorial: indices money management and indices money management methods.

Another crucial piece of information is that initiating a live account necessitates forwarding a duplicate of your Government Issued ID and a copy of a recent utility bill confirming your residential street address to your indices broker. While some traders express surprise when these document requests arise, all traders submit them prior to account activation, as it is a regulatory mandate requiring regulated indices brokers to secure these documents before accepting any deposits. Furthermore, ensure the stock indices trading broker you select is regulated to safeguard your capital.

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