i think you are right.if they have high minimum deposit only experienced will trade and they also get lot of money by spreads when they have clients with high deposit they get more when traders open more trades
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It will depend on broker to broker and every broker have different type of strategy.. because when broker makes incomes so that they will into market for long time. Even, our broker is best with such small deposit of 1$..may some have minimum 5000$ too...which is difficult to invest for small traders like us.
I don’t know about it very well but I think every broker have on policies of trade and different brokers provide different type of facilities to traders and start trading with minimum capital it is a facility or maybe some brokers scams.
Bhai sabhi company apne rules and regulation hota hai use karne ka isliye ho sakta hai ki kai broker minimum deposit high hota hoga broker ka par Insta Forex ka terms of use alag hai iska minimum deposit 1$ hi hai.
It may be difficult for a broker to manage lot of clients and from those with little amount like 1$ they are not going to gain much spread but they all are going to use the resources available so some brokers may set higher minimum to limit only good traders.
there are brokers seeking the right professional and beginners becaufe he avoids people in the forex business it already has a lot of money and $ 500 is nothing but a beginner is a lot and can not risk with $ 500
i guess this question is not for the trader. this should have asked to the broker houses.
because this the activity of the broker houses and they have 100% control over there. they must the answer of this question.
if fact this is none of our business.
may be such brokers already have enough clients and or they want only clients that are sincere and they want to utilise available resource at a maximum level though other brokers who have large infrastructure like instaforex may allow smaller deposits and give trading opporutnity to every one.
It may be difficult for a broker to manage lot of clients and from those with little amount like 1$ they are not going to gain much spread but they all are going to use the resources available so some brokers may set higher minimum to limit only good traders.