More and more people are trading from apps, not least because using a trading app allows you to monitor and trade markets no matter where you are or what time of day or night it is.
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The traditional image of the Forex trader as glued to their laptop or PC is out of date. It is important to remember that these minimums are not applied to ongoing account balances, they just mean that to open an account you have to start by depositing a minimum amount. Fortunately, minimum deposits required by Forex brokers in the US tend to be low and affordable for the majority of Americans, at ranges between approximately $100 and $250. This is justifiable as brokers incur their own operational fixed costs in opening and maintaining a new account. Most Forex brokers require a minimum deposit to in order to accept a new customer, and this is especially true for a wealthy country such as the US. There is little doubt that if you can afford it, the higher deposit you make, the better deal you will get on overall fees and other trading conditions.