What is the minimum amount of money I need for options trading?
Asked 3 years ago
Hi, I want to trade options. I already trade stocks. Would you say options trading is better? How much money do I need, or do you recommend I start with? Can I start with a minimum of $100? Thanks in advance!
Andia Rispah Igobwa
Thursday, September 09, 2021
In options trading, the restriction of using little funds might be a problem. Many brokers may limit what you can do because only a small amount of money is used. It's critical to invest at least $5,000-10,000 to make any earnings in options trading.
You'll need enough cash in your account to cover your trading positions and any costs linked with your chosen trading approach.
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