want to invest in stock market
By sarath49
@sarath49 (761)
India
August 18, 2010 8:42pm CST
is it possible to start with $1 in stock market, does any stock broker allow to invest $1 and start from there. Does any broker accepts paypal account and starts with $1. What about forex, is etoro a good site to invest and start with on forex.If you know anything about it please mention.
4 responses
@Incintosh (57)
• Philippines
19 Aug 10
its not possible because no brokers will entertain to you if you have only 1$ i think the lowest i done is only 10$. but sadly it was a bad investment but after 3 days a gain it back for 5 folds how exciting playing the fire.. so make sure you do some research first before betting right.
@kurumi (85)
• Singapore
19 Aug 10
It is not possible. Some forex brokers allow minimum USD$25 to start a micro account. An example is finexo( or fxmicro ). You can check out the details on their website and i believe they support paypal. If you want to go into forex, go to babypips.com to learn all about it. Don't play with fire if you don't know how to control it. Get the knowledge, play with a demo account, and when you are confident, then play with real money.
@TeamCholent (2832)
• United States
19 Aug 10
$1 to invest in a stock market? Can I suggest rather donating that $1 to a poor person and doing something good with it. You can't buy anything in the stock market for $1, many shares cost on average $100/share. Brokers will charge far more than $1 in fees alone. I trade often and invest almost daily but I am in it for the long haul.
@himigamihan (42)
• Philippines
19 Aug 10
I have browsed over forex, too but I am not sure if they go for $1.Pls update me too if you got a good investement plan.