WikiFX

Sagot

When I looked into opening a live trading account with Neomarkets, the minimum deposit required was $100. As a trader, the appeal of a low entry point is understandable, especially for those who may be new or cautious about starting with a modest balance to test the waters. In my experience, brokers that offer low minimum deposits do attract newer traders, but it's critical to evaluate more than just the deposit amount. While $100 lets you access their platform and begin trading, my main concern is Neomarkets' unregulated status, which introduces a significant level of risk regardless of account size. The lack of oversight means that even a small deposit could be exposed to issues related to fund security, unclear trading conditions, or withdrawal difficulties. Personally, I always weigh the cost of entry against these risks and rarely recommend allocating funds, even in small amounts, to brokers that do not hold a valid license from a recognized financial authority. While the minimum deposit here is quite accessible, traders should approach this with caution and consider whether this risk profile aligns with their own goals and safety requirements before committing any money.