how much money do you need to start trading
The amount you need to start out depends first on the broker you use. Some brokers require you to put $5,000, $10,000 or more into an account to start.Full-service brokers typically require a larger initial account, but there are some online brokers that will let you start an account with as little as $500.hen calculating the amount you want to start with, take into consideration how much your transaction fees will be. If you are only buying stock once or twice a year, it doesnât make much difference, but if you are trading on a regular basis, those fees can easily total thousands of dollars very quickly.