Why some brokers have high minimum deposit?

[jokotole09]

I do not know how exactly it's just that I think every broker has their own rules in the company.
some brokers have high minimum deposits for as a way to choose only quality and high net traders. only the client who did a great deal that can be served.
they prefer quality traders and serious investors.

[awang]

providing u have huge deposit you can withstand the losses that the brokers permit you to own high minimum deposit. a trader desires to start out trading with a few minimum quantity. a broker provides leverage to actually trader to actually enhance his trading capability thus it's to actually be a few minimum quantity that a trader will invest and broker provides leverage accordingly

[ishvara]

I agree, it costs lot of money to manage small accounts, if you deposit less than 100, you spend lots of withdrawal costs

You are right that there are costs that are associated with a small forex account so most brokers out there try to use a high minimum deposit like 500 dollars to easily cover for such costs as they manage our accounts.

[mamun3]

only if u have high deposit u will withstand the losses so the brokers permit u to have high minimum deposit.A trader needs to start trading with some minimum amount.A broker provides leverage to trader to enhance his trading capacity so it has to be some minimum amount which a trader can invest and broker can provide leverage accordingly.best job.....

[winwinwindu]

I don't agreed with you, because instaforex requires a small minium deposits.With InstaForex, you can start with only 1$, which is not found among other brokers. But most brokers offer the possibility of opening a mini account which required a minimum deposit amount between $ 50 and $ 100.

[sracer86]

I don't know the accurate cause of it that some brokers demand high deposit at the initial time of investment in real account,but the cause may be with a very small amount of investment a trader cannot make a good profit and then falls in depression.With a good capital and strong strategy a trader can make good profit by trading properly.

[FXRobinson]

I agree, it costs lot of money to manage small accounts, if you deposit less than 100, you spend lots of withdrawal costs

[rameez]

I Think if you would like to open an account in a broker that allow a lower deposit I advice to not deposit a large capital, until you try them for at least one year.

[mamun3]

now i have learn the importance of capital in trading.hi, i want to know that why some brokers still have high minimumdeposit as most of brokers allowing from $1.some still have $100 or more? good job.................

[Hass]

i think they want to accumulate a big money from trader . and maybe think that good for theim to control small number traders. for example if make the minimum deposit is 100 dollar they know in the first time they don't have many trader in their system.