Question: How much money is required to start trading FX with BlackBull Markets?
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What’s the required minimum deposit amount?
The required minimum deposit amount to start trading with BlackBull Markets is 200 USD.
200 USD requirements is for the standard account.
For other account types, BlackBull Markets may require more amounts in order to start trading.
For the comparison of BlackBull Markets’ account types, please visit the page here.
There are various fund deposit methods for BlackBull Markets MT4 and MT5 accounts.
Visit this FAQ here to find out how to make a deposit to BlackBull Markets MT4 and MT5.
See also how to open BlackBull Markets MT4 and MT5 trading account.
Visit BlackBull Markets Official Website
How much you should deposit?
Although the required minimum deposit amount by BlackBull Markets is very low as 200 USD, you should also know that low account balance has higher possibility of liquidation risk (stop out risk).
When trading Forex and CFDs by utilizing high leverage of BlackBull Markets, you must maintain certain amount of margin in your account as your collateral.
The system will automatically close all open positions if your account doesn’t have enough margin (equity) in your account to maintain the open positions and cover the losses.
By having higher account balance, you can minimize the risk of stop out.
While you are recommended to plan well and make a deposit, you should never deposit more than you can afford to lose.
BlackBull Markets is also partnered with ZuluTrade, a social and copy trading platform provider.
Find out how to open the social and copy trading account of BlackBull Markets here.
