Minimum Deposit Required for Opening Forex Account with Regulated Forex Brokers.

. Some Forex Broker only required $1 – $250 to start trading Forex, but there are a few restrictions to their trading account condition that you need to check with them before you start trading.Some Forex Brokers required around $2,000 to $10,000 because they are more targeted for High Net Worth investors, and the requirement criteria for the investor are stricter. For an example, Citigroup required the investor to have at least $1,000,000 of wealth asset before approval of account opening.

Here I gave a list of some regulated Forex Broker in Singapore so your money can at least be safe guarded should you deposit, some of details might not be the latest but you can check them out yourself for precision.

1.) CityIndex – min deposit $250 – Leverage 1:50
2.) Forex.com – min deposit $250 – Leverage 1:50
3.) Oanda – min deposit $1 – Leverage 1:50
4.) GFT – min deposit $250 – Leverage 1:50
5.) CMC Market – min deposit $25 – Leverage 1:100
6.) Bloombex – min deposit $100 – Leverage 1:200
7.) Saxo Bank – min deposit $2,000 – Leverage 1:100
8.) IG Markets – min deposit $200 – Leverage 1:50
9.) Philip Securities – min deposit $10,000 – Leverage 1:50
10.) Citigroup – min deposit $10,000 – Leverage 1:50

You can check the list from this website:
http://www.forexbrokerz.com/page/forex-broker-singapore

So it’s not necessary need a lot of money start trading Forex. In fact I would advise that if you are totally new or inexperienced in Forex Trading, it’s better to start with small size account to gain experience. When you master the trading skill and have confidence, then only go for larger account size.

Disclaimer: This is not a recommendation to open any account with the Forex Brokers above, it’s just a reference to proper Forex Trading exercise. Please do your research properly before you open any live account and start trading Forex with real money.