To invest in Forex it is necessary to open an account with an online broker. Usually your identification data or passport is required to create your account.
You really do not need a lot of money to start in Forex compared to other markets such as the stock market. Some brokers allow a minimum deposit of as low as $250 and some brokerages have no minimum deposit at all.
Most brokers allow you to make deposits though credit cards, checks, wire transfers or some other payment online payment such as Paypal. Most brokers are flexible in the ways you can make deposits and fund accounts to give you a chance to get started trading.
Be sure to check the polices of the broker you choose for making withdrawals. It is always smart to make a small withdrawal once you fund your account just so you experience how the process works and how long it takes so that when you need to withdraw funds you are prepared.
