What’s the minimum deposit for a live account?
Pepperstone doesn’t set a minimum deposit. It’s important for you to take into account your trading experience and financial situation when choosing what to deposit.
In order to open a CFD position you must have sufficient capital in your account to cover the margin requirements for each individual position.
Below are two example trades for an account balance of over €2000 showing the margin requirements for each position on EURUSD.
CFD Example:
1 Standard lot on EURUSD = 100,000 Notional / 30:1 Leverage = Margin requirement of €3,333.3
0.60 lots = 60,000 Notional / 30:1 Leverage = Margin requirement of €2,000
It’s important to fund your account with a balance that suits your risk appetite. Be mindful that funding small amounts can be restrictive and lead to margin calls due to insufficient capital.
If you have any questions or want some more information on this topic then please get in touch with your account manager or our live chat.