New traders, who may or may not have found currency trading by chance, would probably be the prime suspect for asking the question: can I trade forex with a small account? Not everyone can start trading with a big account. If you are a beginner, it is certainly better for you not to risk a big amount of money right away. Once a trader has done his or her homework, spent time with a practice account and has a trading plan in place, it may be time to go live – that is, start trading with real money at stake.