Getting started in forex trading doesn’t have to break the bank. In 2025, more brokers than ever are offering access to live markets with deposits as low as $1 or $10, making it easier for beginners, casual traders, or strategy testers to dive in without a big commitment.
But low entry doesn’t always mean high value. Before opening an account, it’s important to look beyond the deposit requirement. Consider the spreads, execution speed, withdrawal conditions, and any hidden limits that could affect your trading experience.
In this guide, we’ve rounded up the top forex brokers with low minimum deposits and outlined exactly what to watch for, so you can start small but trade smart.
Trading with a low deposit can be a great way to test the waters, but don’t let the small number fool you. Some brokers offer tempting entry points, only to attach strings once you're in. Conditions like wider spreads, higher commissions, or limited leverage can apply to these low-tier accounts.
When you switch to a different account type later, the jump in trading conditions can be more dramatic than expected. Always look at the full picture before you fund, because what looks affordable upfront might cost more in the long run.
Here are the top forex brokers onboard traders with very low deposits, to allow them to test platforms, costs, and other processes.
Broker Name | Founded | Licensing Info | Minimum Deposit | Account Type | Platforms | Notes |
zForex | 2022 | MISA (Comoros), SVG FSA | $10 | Standard, ECN, Swap-Free | MT5, cTrader | Offers tight spreads from 0.0 pips on ECN accounts, leverage up to 1:1000, and various account types including swap-free options. |
Broker 2 | 2009 | ASIC, CySEC, FCA | $5 | Micro, Standard, Zero | MT4, MT5 | Provides access to over 1,000 instruments with leverage up to 1:888 and negative balance protection. |
Broker 3 | 2009 | IFSC, CySEC, ASIC | $1 | Cent, Standard, ECN | MT4, MT5, FBS Trader | Offers high leverage up to 1:3000 and various account types suitable for beginners. |
Broker 4 | 1996 | CFTC, NFA, FCA, ASIC | $0 | Standard | MT4, OANDA Trade | No minimum deposit requirement, making it accessible for traders with varying capital. |
Broker 5 | 2010 | ASIC, FCA, CySEC | $0 | Standard, Razor | MT4, MT5, cTrader | Known for ultra-fast execution speeds and low spreads, suitable for scalpers and algorithmic traders. |
Broker 6 | 2008 | FCA, CySEC, FSA | $10 | Standard, Raw Spread | MT4, MT5 | Offers high leverage up to 1:2000 and a wide range of trading instruments. |
Broker 7 | 2007 | ASIC, CySEC, FSA | $200 | Standard, Raw Spread | MT4, MT5, cTrader | Provides low spreads and high liquidity, catering to professional traders. |
Broker 8 | 2002 | FCA, KNF, CySEC | $0 | Standard | xStation 5, MT4 | Offers a proprietary trading platform with a user-friendly interface and extensive educational resources. |
zForex stands out with raw, transparent pricing, offering ultra-low spreads from 0.0 pips on its ECN Zero Spread Account, and just 1.2 pips on the Standard Account. With no hidden markups and clear commissions, it’s a smart choice for traders who value precision, especially scalpers, day traders, and high-frequency strategists.
Dynamic leverage of up to 1:1000 lets traders amplify positions while keeping costs in check. The broker also delivers lightning-fast execution, same-day withdrawals, and swap-free account options for added flexibility.
Supporting both MT5 and cTrader platforms, zForex combines advanced platforms with negative balance protection and a trading environment built around speed, control, and strategy, perfect for algorithmic traders and those seeking swap-free conditions.
Broker 2 is renowned for its low minimum deposit of $5, making it accessible for beginners. It offers various instruments, including forex, stocks, and commodities, with leverage up to 1:888. The broker is regulated by multiple authorities, ensuring a secure trading environment.
Traders benefit from negative balance protection and a choice of MT4 and MT5 platforms, providing flexibility and reliability.
Broker 3 allows traders to start with just $1, offering various account types like Cent, Standard, and ECN. It provides high leverage up to 1:3000, catering to different trading strategies. The broker is regulated by IFSC and CySEC, ensuring compliance and security.
With user-friendly platforms and educational resources, Broker 3 is suitable for both beginners and experienced traders.
Broker 4 stands out with its no minimum deposit requirement, allowing traders to start with any amount. It offers a range of instruments, including forex and CFDs, with competitive spreads. Regulated by authorities like the CFTC and FCA, OANDA ensures a trustworthy trading environment.
The broker provides access to MT4 and its proprietary platform, catering to various trading preferences.
Broker 5 offers a $0 minimum deposit, making it accessible for traders at all levels. It provides tight spreads and fast execution, suitable for scalpers and algorithmic traders. Regulated by ASIC and FCA, Broker 5 ensures a secure trading experience.
Traders can choose from platforms like MT4, MT5, and cTrader, offering flexibility and advanced trading tools.
Broker 6 requires a minimum deposit of $10, offering Standard and Raw Spread accounts. It provides a high leverage up to 1:2000 and a wide range of trading instruments. Regulated by FCA and CySEC, Broker 6 ensures compliance and security.
The broker supports MT4 and MT5 platforms, catering to various trading strategies.
Broker 7 has a minimum deposit of $200, offering Standard and Raw Spread accounts. It provides low spreads and high liquidity, catering to professional traders. Regulated by ASIC and CySEC, IC Markets ensures a secure trading environment.
Traders can access platforms like MT4, MT5, and cTrader, offering advanced trading tools and features.
Broker 8 offers a $0 minimum deposit, providing Standard accounts with access to a wide range of instruments. It offers a proprietary trading platform with a user-friendly interface and extensive educational resources. Regulated by FCA and CySEC, Broker 8 ensures a trustworthy trading experience.
Traders benefit from competitive spreads and a range of trading tools, suitable for both beginners and experienced traders.
A low minimum deposit might catch your eye, but the real value lies in what comes with it. Some brokers use low deposits as a marketing tactic, offering limited features, wider spreads, or restricting access to certain instruments. While it’s a great way to get started, don’t assume the experience stays the same as you scale up.
If you plan to trade with more capital down the line, make sure the broker’s conditions grow with you, not against you.
Account Features: Some brokers might apply wider spreads or higher commissions on micro or cent accounts, which can erode profits faster than expected.
Withdrawal Conditions: Review the broker’s withdrawal rules. Some brokers require a minimum balance or have higher withdrawal fees when trading with small deposits.
Execution Speed and Slippage: Test the broker’s execution with a small deposit first. Pay attention to slippage, especially during active market hours or news events.
Platform Stability and Reputation: Check the broker’s background. It’s safer to go with brokers that have been in the industry for several years, with few serious complaints or red flags reported on platforms like Trustpilot.
Transparency on Fees and Policies: Avoid brokers who bury important terms in fine print. Choose brokers that display clear, easy-to-find terms and conditions directly on their website.
Can I really start trading forex with just $1 or $10?
Yes, some brokers allow you to open a live account with as little as $1 or $10. However, trading with such small amounts is mainly useful for testing purposes or learning. For more details, please check How Much Money Do You Need to Start Trading article.
Are there extra risks when trading with a low deposit?
The main risk is over-leveraging. Traders might be tempted to open bigger positions relative to their small balance, which can lead to fast losses.
Is it possible to grow a $10 or $50 forex account realistically?
While it's possible, it’s challenging and takes discipline. Small accounts are better seen as a way to practice trading skills and test strategies with real money rather than aiming for quick profits.
Do low deposit accounts support all trading platforms and tools?
In most cases, yes, but some brokers limit access to certain platforms, tools, or features on micro or cent accounts.
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