Is it possible to invest small amounts of money into the forex market? I don’t think I’ll be able to invest a ton of money right away, but $50 or $100 here and there, is possible for me.
Could I even go lower, like $20 here and there?
To my knowledge, you don’t need a lot to start investing. I think I invested like $60 a while back in the market. I didn’t stick too much with it, but it was a start. I like to go low so I don’t overspend as well.
Yes, you can start with small amounts. It would be best to look for a registered broker with a real government regulatory body behind it that enforces the law. If It licensed in Caribean, I would be wary. Look for European countries under The European Securities and Markets Authority (ESMA), Australian, Canadian, and U.S forex brokers should be just fine. The look for brokers that trade Micro accounts. These are smaller accounts that trade 1,000 units of currency, and trade small, figure out what works for you and go for it.
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