You are able to trade with $5. It all depends on the leverage you choose.
If your leverage is 1:500, you could buy 0.01 lots of EURUSD at 1.54832 and that would cost $3.10.
If the price was the same and your leverage was 1:100 instead, it would cost you $15.48.
It all depends on which pairs you wish to trade with because some pairs have higher contact sizes or lower leverage.
Indices and commodities have lower leverage so you would need more money to trade with them.
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