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Yes, Dhan is a safe app for forex trading specially because it is regulated by SEBI and follows the rules laid out by the regulatory body. As well as being regulated, Dhan is registered on leading forex trading stock exchanges like NSE. Furthermore, Dhan takes the best possible measures to ensure that your data is safe at all times. As you see, the minimum Forex trade size is $5. The rest is up to you. Estimate your knowledge and experience, and also think about your goals. How much money would you like to earn? How often will you trade? The bigger the deposit, the bigger the position size, and the more you earn from one trade. All of that should be weighed against the background of risks. Their number one priority is getting you to deposit funds. This is precisely why the micro and nano accounts were created. It gave Forex brokers access to clients who are unable to fund a standard account due to financial constraints. |