yes, you are right and i agree with you. and start to learn forex from the general currency, like eur/usd or gbp/usd and invest our little money, because as a beginner we are opten loss....
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I think for newbie it's no need to trading with big money since that will kill you for sure. As a newbie the starting investment needed to begin trade is around 150 dollar. That is enough to make your psychology stable and no need panic when loss. Or other way to using bonus is seem good way to begin as investor.
The investment for newbie need to be at big capital and need the right prediction of the price because the investment in forex can be loss or profit any way if trader have big capital the income from the investment will be enough. But small capital just make you waiste your time.
After taking proper knowledge and gain huge experience then you can be start invest in forex market. Large amount no need in first time. Because with profit, loss can be happened at first. Nobody wants loss at first time. So after knowledge basic knowledge little amount is best for beginner investment.
Newbie's starting investment should be 100$. And trade with 0.01 lot size. As losses are very probable in start so this money management will be safe for a newbie. Also you can start with 50$ but the lot size should not increase.
a beginner really risky in this trade, opening it to read and learn from existing experience can make ignorance and other supporting aspects will evolve
the novice trader must see each other some of the systems and trading strategies can be good whether or not
Although every newbie has different goals and targets and they make their investments accordingly so a trader chooses their amount based on the same , but I think any initial investment of 100 $ is a good amount to start with and a trader can make consistent profits by trading with this amount .
Well after a trader is over with demo account they need to trade in real account and for that they need to make some investments and that should not be a huge account and as you mentioned cent account can be opened and one can start with 20 $ or 50 $ and start trading .