As I mentioned in a previous post, FXCM has decided to raise their minimum account deposit size to $5000 USD. This applies to both the Sentiment and Sentiment Aggressive Fund. Even at $5K it still represents a good opportunity in my humble opinion. I see it as a good way to diversify your investment portfolio. I’m in the Aggressive fund, but those of you who aren’t comfortable with your managed forex account using higher leverage may want to join the “Sentiment Fund” instead.
Update on my account: I’ve started with $1000 and now my equity/ending balance sits at around the $960 mark. The Sentiment Fund opens a LOT of positions at once, but they’re all using very tiny lot sizes. So don’t be shocked when you see 60 open positions at once.
That’s all for now.
Cheers