The minimum vs. the sensible amount
The minimum deposit is simply the smallest amount a broker will let you fund an account with. Like most ECN-style brokers aimed at everyday traders, RaiseFX keeps its entry point low so newcomers can start without committing much. That is convenient, but a low minimum answers the wrong question.
The question that matters is not "what is the least I am allowed to deposit?" but "how much can I genuinely afford to lose?" Those are completely different numbers. A broker's low minimum is a marketing convenience; your own affordable amount is a risk decision only you can make.
How much you actually need to start
For learning, you need far less than beginners expect. Because RaiseFX offers a free demo account, you can and should practise with pretend money first and deposit nothing at all until the mechanics feel natural. When you do fund a live account, start with an amount you would be completely fine losing entirely — treat it as the price of an education, not an investment.
A small real balance is enough to feel genuine emotions and pay genuine (small) costs while keeping trade sizes tiny. There is no benefit in depositing a large sum early. More money in the account does not make you a better trader; it just increases how much a beginner mistake can cost.
Why a low minimum can be a trap
A low minimum deposit is genuinely helpful, but it can also make trading feel more casual than it is. It is easy to top up "just a bit more" repeatedly until the total is far larger than you ever intended to risk. Decide your total loss budget in advance and stick to it, rather than judging each small deposit on its own.
And keep the bigger picture in view: most retail traders lose money regardless of how much they start with. A low minimum lowers the barrier to entry, not the risk. Only deposit money you can afford to lose, and never chase losses by adding more.