The markets, judged one by one
The door that is legally closed to some readers — and this page says so before anything else.
Facts checked on October 22, 2026
This market is not legally offered to retail clients in the United States. The checker stops at that gate for readers there and routes them to a legal door — we do not sell around a jurisdiction rule.
The computed numbers for this door
The base unit: the smallest sensible index or gold CFD position, with a stop that respects the instrument's normal movement, risks about $5 per trade.
Risk term: $5.00 × 100 = $500. Cost term: about $25 a month in trading costs at beginner frequency (20 trades), which needs $1,250 of capital to stay under 2% a month. Minimum viable capital: $1,250. Survival floor: $125 — below it, one normal trade risks more than 4% of the account.
CFD brokers advertise minimums around $10 and spreads 'from 0.0.' The same firms are required, in Europe and the UK, to print the share of their own clients who lose money — read that number before the spread table.
The trap is the loss figure's location. The broker must print the share of its clients who lose money — so it does, in the footer, in grey. The same firm's marketing then quotes spreads 'from 0.0 pips' in the headline. Both statements are the firm's own; only one of them predicts your first year. The second trap is overnight financing: a CFD held for weeks quietly pays a daily rate that a beginner's spreadsheet rarely includes, and our cost term counts it in the per-trade cost at beginner frequency.
Run the checker — if you are in the US it will stop at the availability gate and route you to a legal door instead. If CFDs are open to you, read your chosen firm's own loss percentage before its spread table, and write it at the top of your demo journal.
Run the checker with your numbers See the full dataset
The family · CheckBeforeDeposit
Before any deposit: which entity holds your money, and does your regulator warn? CheckBeforeDeposit computes your country × broker pair — the entity that would hold the account, your own regulator's warning status, and the minimum that is actually viable on your payment rails.
The verdict gives you the arithmetic for your market and your capital. The Start-or-Wait Kit gives you the complete workbook: the demo-record audit (the 50-trade review grid), the staged capital plan up to your market's minimum viable capital, the 90-day learning plan week by week, and the real-cost tracker — the spreadsheet experienced traders build by hand, ready to fill in.
Included in the $39 Start-or-Wait Kit
Sources: FINRA Regulatory Notice 26-10 (April 20, 2026) and the brokers' own pages for the PDT tracker; ESMA Decision (EU) 2018/796 and the AMF restatement for European CFD loss figures; ASIC Report 828 (FY2023–24) for Australia; CFTC retail forex materials for the United States; Barber, Lee, Liu & Odean (Taiwan market data) and Chague & De Losso (Brazil) for day-trading outcomes; the FPFX Technology dataset of 300,000+ prop-firm accounts, reported by Finance Magnates (2024); broker-published minimum deposits and margin schedules as dated on the dataset page. If a figure has moved since our check date, the issuer's own publication wins — and write to help@doogex.com so we can correct ours.