Starting from March 1, BlueOrange Bank reduces the minimum deposit required to open a trading account in the Forex and CFD market. Now, new customers will be able to start trading only with a 100 EUR deposit instead of previous 500 EUR. Reducing these requirements will allow novice traders to try their skills in real market conditions without risking large investment amounts, whereas experienced market traders will benefit from the opportunity to try out new strategies.
Margin Forex and CFD are complex instruments and come with a high risk of losing money rapidly due to leverage. More than 62% of retail investor accounts lose money when trading Margin Forex and CFDs with this provider. You should consider whether you understand how CFDs and Margin Forex work and whether you can afford to take the high risk of losing your money.
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