Best brokers
Forex brokers with a low minimum deposit
A low minimum deposit lets you test a broker with real money before committing more. These are the lowest published minimums among the brokers we review.
Terms checked on 3 Nov 2026 against each broker's own website and legal documents
Broker
Minimum deposit
Main regulator for retail clients
Platforms
$0
ASIC, FCA, CySEC or SCB depending on country
Pepperstone platform, MT4, MT5, cTrader, TradingView (Razor only)
None (US, UK, Australia)
FCA, CFTC/NFA or ASIC depending on country
OANDA web and mobile, TradingView, MT4, MT5
$5
CySEC for EU clients; Belize for most others
MT4, MT5, XM App
$10 to $10,000 by region
FCA, CySEC, ASIC or FSA Seychelles depending on country
eToro web platform and app (with CopyTrader)
$100
ASIC, FCA, CySEC or offshore depending on country
MT4, MT5, TradingView, TradeLocker
$0 (global)
ASIC, CySEC or offshore depending on country
MT4, MT5, cTrader, TradingView (Raw Spread account)
A small deposit still carries full risk
With leverage, a small balance can control a large position. Use the position size calculator so a single loss stays a small share of your account, and check withdrawal fees before depositing.
How we chose. These shortlists use published terms only: costs, minimum deposit, platforms and the regulator of the entity you would join. We have not ranked brokers on scores, and the order is not a recommendation for your circumstances. Read our methodology and affiliate disclosure.
CFDs and leveraged forex are complex and carry a high risk of losing money rapidly. Most retail accounts lose money. Only trade with money you can afford to lose.
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Written by the Forex Awards research desk
Guides are checked against current broker documents and regulator rules. Spotted something out of date? Tell us and we will re-check it.
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