Low Deposit Forex Brokers

This list provides a lineup of Forex brokers that let you open a trading account with low starting deposit. Overall, online FX brokers are characterized with quite low entry requirements for account opening compared to other types of financial trading. Brokers you will find in this table go beyond the affordable and let you register and trade with less than $100. Some of them let you trade with as little as $1. Of course, this shouldn't delude you with the myth that you can be turning $1 into $1,000 overnight. Low-deposit Forex accounts have their purpose and can be useful even to experienced speculators with significant capital.

Low minimum account size is advantageous to test the waters with the broker's live account without committing serious money. They can also be used to live-test trading strategies that require real execution conditions. You can also use low-deposit brokers to break up a bigger amount to diversify risks between multiple strategies or brokers. Needless to say, you should still be very careful even with a small trading account and always perform full due diligence on a broker before giving your trading funds to any company. You will find 93 brokers listed in the table below.

Forex Broker Min. Account Size Broker Rating Min. Position Size Payment Max. Leverage Serious Regulation Spread US
RoboForex $10 4.8 0.01 1:2000
  • Platforms
    • MetaTrader 4
    • MetaTrader 5
    • cTrader
    • WebTrader
    • R Trader
  • Countries
    BZ CN CZ EG GB HK ID LT LV MD MY NZ RO RU TH TW
  • Regulation
    • IFSC (Belize), 000138/107
Exness $1 7.4 0.01 1:2000
  • Platforms
    • MetaTrader 4
    • MetaTrader 5
    • Mobile Trading Platform
    • Web Trading
  • Countries
    CY GB SC
  • Regulation
    • CySEC, 178/12
    • FCA (UK), 730729
    • FSA (Seychelles), SD025
FXOpen $1 9.1 0.001 1:500
  • Platforms
    • MetaTrader 4
    • MetaTrader 5
  • Countries
    AU GB KN RU
  • Regulation
    • ASIC, 412871
    • FCA (UK), 579202
FXGlory $1 7.1 0.01 1:3000
  • Platforms
    • MetaTrader 4
    • WebTrader
  • Countries
    AE CH CY GB VC
  • Regulation
Binary.com $1 - 0.01 1:1000
  • Platforms
    • MetaTrader 5
  • Countries
    JP MT MY
  • Regulation
    • FSA (Japan), 2949
    • MFSA, IS/70156
    • The Financial Commission, 08.06.2020
IQ Option $1 - 0.01 1:300
ForexMart $1 4.4 0.01 1:500
Forex4you $1 5.3 0.01 1:1000
InstaForex $1 5.8 0.0001 1:1000
AGEA $1 6.5 0.01 1:500
LiteForex $50 5.6 0.01 1:500
SimpleFX $1 10 0.01 1:500
Deriv $5 - 0.01 1:1000
Evolve Markets $1 - 0.01 1:1000
OANDA $1 6.4 0.00001 1:50
XTB $1 6.4 0.01 1:30
FXCM $1 - 0.01 1:400
IG $1 4.0 0.01 1:50
CMC Markets $1 - 0.0002 1:500
FIBOGroup $1 4.2 0.01 1:1000
FXCL $1 7.8 0.01 1:500
PFD $1 - 0.01 1:300
Royal (ex-RFXT) $50 - 0.01 1:30
Renesource Capital $10 - 0.01 1:100
HotForex $5 8.9 0.01 1:1000
AccentForex $10 8.8 0.01 1:500
Profiforex $1 6.0 0.01 1:500
FXOptimax $10 5.5 0.01 1:1000
Trader's Way $1 7.5 0.01 1:1000
Grand Capital $10 6.9 0.01 1:500
DF Markets $10 - 0.01 1:200
IFC Markets $1 8.3 0.001 1:400
NordFX $10 4.6 0.01 1:1000
Axi (ex-AxiTrader) $1 6.4 0.01 1:400
FxNet $50 7.0 0.01 1:500
GAINSY $10 9.1 0.01 1:500
NatureForex $20 - 0.01 1:1000
Weltrade $25 8.0 0.01 1:500
Forex Optimum $10 8.3 0.01 1:500
Traders Trust $50 - 0.01 1:500
Hirose Financial UK $1 - 0.0001 1:30
TenkoFX $10 9.0 0.01 1:500
FirewoodFX $10 7.0 0.01 1:1000
Cornèr Trader $1 - 0.01 1:200
Forexite $1 - 0.0001 1:100
WesternFX $25 - 0.01 1:500
Forex.ee $10 - 0.01 1:500
Core Spreads $1 - 0.01 1:240
LMFX $50 9.2 0.01 1:1000
ForexChief $50 9.6 0.01 1:1000
SuperForex $1 8.3 0.01 1:1000
JCMFX $10 - 0.01 1:1000
LQDFX $20 8.0 0.01 1:500
CFDTimes $5 - 0.01 1:500
Turnkey Forex $5 8.8 0.01 1:400
Financial Spreads $1 - 0.01 1:200
Circle Markets $50 - 0.01 1:500
Ally Invest $1 - 0.01 1:50
Tifia $10 - 0.01 1:1000
World Forex $1 10 0.01 1:500
AMEGA $1 7.8 0.01 1:1000
Big Boss $1 - 0.01 1:555
Coinexx $7 8.2 0.01 1:500
JAFX $10 - 0.01 1:500
Alfa Capital (ex-Alfa-Forex) $1 7.4 0.01 1:100
Alpari $1 4.6 0.01 1:1000
Boston Merchant Financial $50 5.5 0.01 1:400
CryptoRocket $10 - 0.01 1:500
EagleFX $10 9.7 0.01 1:500
FBS $1 5.3 0.01 1:3000
FXTM $10 8.5 0.01 1:2000
JustForex $1 8.4 0.01 1:3000
Libertex $1 6.2 0.01 1:600
PaxForex $10 9.3 0.0001 1:500
TFI Markets $50 - 0.01 1:500
XM (ex-XM.COM) $5 5.2 0.01 1:888
Fort Financial Services $1 9.2 0.01 1:1000
MultiBank $50 - 0.01 1:500
Trade8 (ex-WCX) BTC0 - 0.001 1:300
UBFX $1 - 0.01 1:400
FXLinked $10 - 0.1 1:400
SquaredFinancial (ex-SquaredDirect) $1 - 0.01 1:30
FX Trading Pro $20 - 0.01 1:50
Credit Financier Invest $1 - 0.01 1:30
Olymp Trade $2 10 0.01 1:500
TIOmarkets $1 - 0.01 1:200
PrimeXBT BTC1 - 0.01 1:1000
XBTFX $1 10 0.01 1:500
Dizicx $10 - 0.01 1:500
FxView $1 - 0.01 1:400
M4Markets $50 - 0.01 1:500
Yadix $20 - 0.01 1:500
LonghornFX $10 - 0.01 1:500

Although the benefits of opening a trading account with a low-deposit Forex broker are obvious, here is the list of valid use cases for choosing a company specifically based on modest requirements to the starting amount of money:

  • You are a beginner trader and want to have a taste of live trading without risking a lot of money.
  • You want to test the actual trading condition at a broker without staking too much funds.
  • You want to break up your trading capital among several brokers or accounts for the sake of diversification.
  • Your trading strategy relies on aggressive methods and you don't want to keep a sizable sum in broker's custody.

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Forex trading bears intrinsic risks of loss. You must understand that Forex trading, while potentially profitable, can make you lose your money. Never trade with the money that you cannot afford to lose! Trading with leverage can wipe your account even faster.

CFDs are leveraged products and as such loses may be more than the initial invested capital. Trading in CFDs carry a high level of risk thus may not be appropriate for all investors.