It is a mistake to think that one needs thousands of pounds or dollars to invest in the stock, stock or currency markets. It is very easy to open a spread betting account with as little as £100 and this is enough investment for you to be able to make small short term trades. You could open an account and start making money today with just a £100 investment.
The forex markets are the best place to focus on small, low value trades as the market is so volatile you may only have to trade at £0.50 per pip and profit as much as £50 in a single day. . For those of you who don’t know anything about the forex markets and how it works, I have a quick explanation for you.
The forex market trades currency pairs against each other, for example GBP/USD is the British pound against the US dollar. Normally it is the last two decimal places that are traded, the value being one tenth of a cent. When you place a trade on this currency pair in simple terms, you are essentially betting that the currency will rise or fall in value. Although the term gamble is used, I do not view forex trading as a game of chance. The reason is that there is so much fundamental and technical information available to make a decision on whether to buy or sell that it is a highly informed decision.
Don’t let it discourage you, that being educated in forex trading is the key to success, as there are plenty of clubs and software available to do all the work for you. It’s simply a matter of choosing the right club or software to suit your needs and ambitions. It is possible to start making money today with just a £100 investment.