Lowest amount I can trade

[angelnish]

What is the lowest amount I can trade? Is it possible to trade in micro scales like I can do in Poker? like £1 or £5 trades?

 

[Hoggums]

yes. Look at spread betting. Many providers will let you trade as low as 10p per point in the first few weeks.

 

[The Leopard]

yes. Look at spread betting. Many providers will let you trade as low as 10p per point in the first few weeks.

Or you can try Alpari, I think they let you do literally pennies per pip for forex.

For futures, the minimum is effectively a lot higher. Assume you trade ES - even with a very tight stop, such as two points, one contract will entail a risk of $100, plus commissions (about $5 or a little less with some brokers).

It depends, but if you are looking to try things out a spread betting company is probably best. Of course, there might be some fun and games to contend with along the way.

 

[NVP]

best ive seen is 10p a pip

 

[Patricia12]

$1 or £1 is the lowest amount that you can trade. Even some broker offer no deposit bonus, in this situation you can trade free of cost.

 

[angelnish]

Thank you all! I'll definitely give a try to this