capital can be build by various methods a job, prop firm or savings Bigger factors are emotions and psychology you need to put in the work before you put in the big money to trade learn the market, master your skill and then earn. Don't risk your hard earned money before understanding the markets and the concepts
The main reason why forex traders fail is that they do not have enough knowledge and confidence before going live. Before going live enough practice and understanding is required which can be gained by trading on a demo account. Also, overtrading and undercapitalization lead to failure in forex trading.
If you do not have a proven and profitable trading strategy, you do not know how or do not want to control risks because of greed, you do not have control over emotions, then even sufficient capitalization will not help you earn on Forex. Therefore, capitalization is not the main reason for failure on Forex, the main reason is the lack of experience, skills and self-control.
Undercapitalization is indeed a major barrier to success in Forex trading. With insufficient capital, traders are more vulnerable to margin calls and excessive risk-taking. Proper capitalization allows for better risk management, the ability to weather market fluctuations, and increased opportunities for profit without compromising account stability.
Agree, some brokerages were allowing 400:1 leverage. If you don't have the capital decrease your position size. Forex is a very slow and grinding process. Just looking for positive rolls. Akuma