Minimum Deposit Online Brokers Trading Accounts

If you're a bitcoin trader wanting to open a live account & you are doing some research online to find out one or two things before opening, then you have come to the right training web site.

Open a real account is different than opening a demo. First as a btc usd trader you don’t have unlimited money, maybe you only have $1000 dollars or $5,000 or $10,000 dollars or you're rich and have $50,000 to open one and start with.

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

The other thing to know is what type of account you are going to open, depending on your capital you want to begin with:

If you have $1000 dollars or less

Open a micro cryptocurrency account - with $1000 dollars it is best to only transact with micro lots, forget what your broker tells you, anything bigger than micro lots will only increase your risks to levels which you do not have enough capital for - Minimum Deposit Brokers Accounts - Brokers with Minimum Deposit Bitcoin Accounts. If you want to keep your money & make profits with this micro cryptocurrency account trade on micro lots.

If you have $10,000 dollars

Open a mini cryptocurrency account - with $10,000 dollars you can open a mini cryptocurrency account and transact only mini lots. Trading mini lots on a $10,000 capital is enough capital to allow you to trade & make profits without taking too much risk.

If you have $50,000 or more

If you have $50,000 dollars or more then you have enough capital to open standard lots, and you can open a standard cryptocurrency account. With $50,000 dollars then your capital is enough to trade standard lots without much risk to your capital. However, make sure that you have read this guide: bitcoin money management and bitcoin money management methods.

The other thing to know is that to open a live account you've to send to send to your broker a copy of Government Issued ID card & a copy of utility bill showing your physical address. Some traders are surprised when asked for these docs, but all traders send them before opening their account, it is a requirement by all regulators that requires regulated brokers to get these documents before accepting a deposit from anyone. Also make sure you choose a regulated broker that way your money is safe.

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Minimum Deposit Online Brokers Trading Accounts