Forex brokers should have a low minimum deposit. Other advantages and disadvantages of low minimum deposits exist besides the benefits for new brokers. A Forex Broker minimum deposit is the least amount allowed to be deposited according to the trader union in the trading account. Here we have compared the forex brokers with low minimum deposits and highlighted no-deposit forex brokers and how to make deposits.
List Of Forex Brokers With Low Minimum Deposit Explained – Top 10
| Low Minimum Deposit Brokers | Minimum Deposit |
|---|---|
| Pepperstone | $0 |
| Oanda | $0 |
| Exness | $1 |
| Forex4You | $1 |
| AMarkets | $0 |
| InstaForex | $1 |
| Admiral Markets | $1 |
| FBS | $1 |
| XM | $5 |
| RoboForex | $10 |
Pepperstone
- Pepperstone offers trading accounts with low minimum deposits starting at $0 on Razor and standard accounts.
- It is possible to trade very low spreads with Razor accounts starting at 0 pips and averaging 0.09 pips on EUR/USD.
Oanda
- Oanda is a popular trading platform founded in 1996. This broker offers a minimum deposit of $0.
- The base currencies supported by Oanda in nine and its products are Forex and CFDs.
- After a year of inactivity, $10 is charged monthly as an inactivity fee.
Exness
- Exness offers a minimum deposit of $10, and the broker has no maximum leverage.
- Exness includes high maximum leverage, spreads, and the provision of an Islamic account; this was the major advantage of this broker.
- Traders are allowed to make instant withdrawals without the need for manual processing.
- Also, Exness offers reliable, free, and fast VPS hosting that prevents interruption during trading.
- They are the No Deposit Forex Brokers and Forex Brokers with Low Deposit.
Forex4You
- Forex4You offers an opportunity to choose from 19 trading platforms and access to 5 classes of assets which includes cryptocurrencies.
- Also provides marketplace execution technology that ensures traders access the best pricing.
- Forex4You offers you a minimum deposit of $1, and the maximum leverage is 1000:1. It Includes a day trading account, scalping and hedging, and a free demo account.
AMarkets
- AMarkets is one of the forex brokers with a low minimum deposit of $1 and was founded in 2007.
- This broker offers over 50 classes of assets and is relatively easy for both new and seasoned traders.
- A research-driven analysis of financial markets from top brokers and analysts is provided.
- You can access Advanced Financial Chart comparison tools with AMarkets.
InstaForex
- InstaForex provides access to many products, including derivatives, ECN, commodities, and Forex. Traders here can also have access to trading floors.
- This broker includes low CFD commissions on stocks and multi-language and Islamic account support.
- Another benefit of using InstaForex is that it offers a 100% bonus on first deposits and a 55% bonus when you refund your account.
- You will receive a 30% bonus when you deposit into your trading account.
Admiral Markets
- Admiral Markets advantages include low commissions, dedicated support and premium analytics, Islamic account, negative balance protection, a range of educational tools, and low spreads.
- This broker has five account types, namely, Trade.MT4, Trade.MT5, Invest.MT5, Zero.MT5 and Zero.MT4.
- All these account types have a minimum deposit of $100 except Invest.MT5. It has a minimum deposit of $1.
FBS
- FBS offers a low minimum deposit on its standard and Micro accounts which requires a minimum deposit of $1.
- A Minimum deposit of $5 is required for FBS micro account. It is not available in Europe.
- One can take advantage of the low minimum deposit by trading nano lots with FBS’s cent accounts, while the micro account offers to trade on micro-lots.
XM
- XM offers a minimum deposit of $5 with three account types.
- Its micro account allows trading forex and other assets with nano lots, and the standard account offers classic trading with micro-lot offerings.
- XM standard account has lower spreads, while XM zero account offers micro-lots.
RoboForex
- RoboForex offers a minimum deposit of $10 with four accounts.
- This broker allows trading with Prime and RoboForex ECN accounts and other assets with spreads as low as 0 pips.
- The RoboForex ProCent account allows trading with a low minimum deposit with nano lots.
- Its Pro account is the most flexible, allowing trading on 4 different platforms with high leverage.
Regulated Forex Brokers With Low Minimum Deposit
This list presents an overview of the best forex brokers with low minimum deposits, which are regulated low minimum deposit forex broker.
- Exness – is a multi-regulated forex broker with its headquarters in Cyprus, and some of its regulators include the FCA, FSCA, FSA, and CySEC.
- OANDA – is regulated by the United Kingdom’s Financial Conduct Authority (FCA) and Commodity Trading Futures Commission (CFTC).
- FBS – regulated by IFSC, FSCA (South Africa), ASIC, and CySEC.
- FXCM – regulated by the UK Financial Conduct Authority under Forex Capital Markets Limited.
- Alpari – regulated by the Financial Services Commission (FSC) of the Republic of Mauritius with the business name of Exinity Limited.
- FxOpen – regulated by the FCA, CySEC, and ASIC.
- RoboForex – regulated by the International Financial Services Commission (IFSC) with license number IFSC/60/271/TS.
- AMarkets – regulated by IFC.
- Admiral Markets – regulated by the UK Financial Conduct Authority (FCA), the Australian Securities and Investments Commission (ASIC), the Cyprus Securities and Exchange Commission (CySEC), and the EFSA.
- NordFX – is regulated by the Vanuatu Financial Services Commission (VFSC).
Legit Forex Brokers With Low Minimum Deposit
Here are the top 10 legit forex brokers with low deposits which are the best forex brokers with low minimum deposits.
| Legit Brokers With Low Minimum Deposit | Low Minimum Deposit |
|---|---|
| Pepperstone | $0 |
| XM | $5 |
| FBS | $1 |
| Axiory | $10 |
| eToro | $10 |
| Capital.com | $20 |
| XTB | $0 |
| Trading 212 | $1 |
| Oanda | $0 |
| RoboForex | $10 |
Forex Brokers with No Minimum Deposit
The minimum deposit is a factor that forex brokers consider before opening an account. It plays a major role in the strategy and objectives of the forex broker to what they want to achieve in trading forex.
The forex industry is so competitive because some forex brokers offer no minimum deposit. It has made the forex industry accessible to people from all corners. Forex brokers without deposits have many advantages and also disadvantages. Here are the top 10 no-deposit forex brokers.
| Forex Brokers With No Minimum Deposit | Minimum Deposit |
|---|---|
| XTB | 0 |
| IG | 0 |
| AXI | 0 |
| InstaForex | 0 |
| Think Markets | 0 |
| RoboForex | 0 |
| ADSS | 0 |
| Asi | 0 |
| TradingView Markets | 0 |
| FXORO | 0 |
FAQ of Forex Brokers With Low Minimum Deposit
#1. What is the minimum deposit of Exness?
Exness offers you to trade with $1.
#2. Brokers with low deposits?
You can trade forex with low deposit brokers such as Oanda, Exness, Pepperstone, AMarkets, etc.
#3. Minimum deposit of FXTM?
FXTM requires $10.
#4. Is Exness legal?
Yes, it is authorized and regulated by FCA, CySec, and FSA.
Conclusion – Leverages By Forex Brokers With Low Minimum Deposit
The above forex brokers with low minimum deposits will be grateful to beginners. Online brokers with low minimum deposits are great for new traders. They facilitate access to the financial markets and remove the barriers to trading. These brokers allow traders to test their products, platforms, and additional features without the risk of making large deposits. It is important to pay attention to the regulated brokers in the market.
