Trading Scalping With 140 Thousand Rupiah Capital

Scalping
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Michael
25 Jul 2020, 15:19 936 Views
Can I do scalping trading with a capital of 140 thousand??

5 Answer

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erik tri cahyo 28 Jul 2020, 21:18
To Michael,

Do you mean scalping with a capital of Rp 140000,- or ~USD 10? If so, the answer is yes. As long as you use a Cent type trading account and have a proven scalping strategy, you can still trade scalping with that capital.

Hope this helps.
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Michael 30 Jul 2020, 08:13
Is there any suggestion for a trusted broker that has a cent account?
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erik tri cahyo 03 Aug 2020, 21:17
To Michael,

Actually, there are quite a lot of brokers providing cent accounts. However, if we look at their popularity among traders in Indonesia, FBS, InstaForex, and LiteForex are the most widely used and trusted brokers by Indonesian traders.

Hope this helps.
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Martin 16 Jun 2023, 00:59

@ Michael:

With a capital of Rp. 140,000 or approximately USD 9.33 (USD/IDR exchange rate = 15,000), you can trade with a Cent account.
Regarding the explanation and calculation, please read: The Difference Between Cent and Micro Accounts

 

R
Rizki Rosadi 17 Jun 2023, 13:06
Answer to Michael: Yes, with a capital of 140 thousand or around $10 you can trade in a cent account.

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