Any firms for US traders that only require 2500 or less capital?

Discussion in 'Prop Firms' started by JoshLowe005, Sep 18, 2015.

  1. I need to start trading only have 2500
     
  2. Basically any/all of the online brokerages will accept you -- will allow you to open a trading/investing account.
     
  3. Autodidact

    Autodidact

    Piker World :)
     
  4. wartrace

    wartrace

    You can open a futures or forex account with 2500 to trade. If you plan on day trading you will have to have over 25,000 for an equities account.

    I am troubled with the way you asked the question. You "need" to start trading? If this is a financial need as in you think you will make a living by trading your 2500 dollar account I think you need to be more realistic. If you "need" to start trading because you have been practicing on sim for a while and you would like to transition to live trading then good on ya!
     
  5. jeffg

    jeffg

    try ti hit grand slams you will strike out its a game of singles not homers
     
  6. JTrades

    JTrades

    You didn't state your instrument. Stocks? And assuming you meant brokerage firm:

    You could 'save up' the extra $500 and consider IB:

    The following minimums are required to open an account:

    Individuals age 25 or younger USD 3,000 (or non-USD equivalent)

    https://www.interactivebrokers.com/en/index.php?f=4969

    To understand why IB is a good choice for somebody starting out, compare commissions with other brokers. Robinhood might be worth looking into too.

    If you wanted to day trade, a possible solution is to trade verrrrrrryyyyy small using a cash account. You'll need to factor in settlement delays.
     
    Last edited: Sep 19, 2015
  7. Chubbly

    Chubbly

    Depending on what you are trading take a look at Oanda
     
  8. Dude, no one needs to start trading. But if you insist, open an account with Oanda.
     



  9. I would go with TD Ameritrade.


    * You will need to come up with an extra $500 for the No Commission offer. They require you deposit $3000.


    :)
     
  10. Im referring to firms that will give me high leverage to day trade.
     
    #10     Sep 19, 2015