Can you go into FOREX with $10,000 to $30,000 and make significant profit?

Is there a minimum cash requirement for FOREX?

Yes using leverage you can go high as 100 to 1 leverage and really make some big money. You are leveraging your risk as well though. A small movement can wipe out your whole account if you bet the wrong way.

Sure, you could go into it and make a signifigant profit, but you could also go for a loss too.

you COULD, but you could also win the lottery or be hit by lightning. I dont think there is a minimum, they will gladly take your money

There is no minimum cash requirement, but do remember that most online software available require that you pay monthly subscription fees for their feeds. This is a fixed cost, and like every fixed cost, the more money you have invested at any point in the the lower your average fixed cost. Besides investing in the forex is very time intensive, and there is also a very steep learning curve which you have to overcome. Forget the green and red arrows, you need to analyze info on your own before you commit any money to the forex market.
Oz

sure

If you only have $30,000.00 USD to invest I suggest you to stay away from Forex and invest in stocks with the help of a Financial Advisor.

If you daytrade you will get a $120,000.00 USD Credit Line (It's called a margin) and you will risk 100% of your investment.

Your profits could be as high as 100% per year if you pick a good Portfolio Manager like myself if you can afford it or at least a Financial Advisor.

NOTE: I asume you have at least a $80,000.00 USD home (Paid in full) and a $10,000.00 USD car (Paid in full)

Top 4 Answerer in Business & Finance. (Vote for me. I just need 200 more votes)