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How much money do I need to get started?

By John Russell, About.com

Question: How much money do I need to get started?
Answer: The amount of money that you will need to open an account depends on the broker. Brokers such as Oanda will allow you to open an account with as little as $1 while brokers like FXCM require at least $300. If you aren’t ready to commit real money yet, you can always start with a demo account.
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