How much money do you need to start forex trading?
Do you need to live off the proceeds of trading? You’ll need 10 times more than you think and you will need additional funds for the time when you will blow up your account and lose everything.
Will you trade part-time as a “hobby” (to learn trading)?
You can start with $100 and trade lots of 0,01 and stops of 20 pips max. You then increase it with 0,01 lots every time you have had 10 successful trades out of 15.