Forex Trading Platforms With Low Deposit

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At InvestinGoal, we adhere to strict standards to ensure an unbiased review process. We conduct our reviews by examining each broker’s offering and performance across 4 key categories. A final rating is produced for each forex broker based on a total of 187 data points. Learn more about our review process and methodology.

In this article, we have grouped some of the
best forex brokers that require a low minimum deposit, or no minimum deposit.

To compile this ranking, we took these factors into consideration:

  • A
    minimum deposit
    of less than $25
  • The ability to open trading orders even with
    low amounts of money
  • The overall
    of the broker.
Table of Content


Low minimum deposit brokers Minimum deposit from:
Pepperstone $0
FBS $1
XM $5
Axiory $10
eToro $10 (UK) $20
Trading212 $1
XTB $0
Oanda $0
Roboforex $10

Top 10 brokers with low or no minimum deposit: 2022 review

1. Pepperstone

  • Pepperstone offers trading accounts with
    low minimum deposits.
  • The minimum deposit offered by Pepperstone starts at
    $0 on Razor and Standard accounts.
  • With Pepperstone’s Razor accounts, it is possible to
    trade with very low spreads
    starting at 0 pips and
    averaging 0.09 pips on EUR/USD

Visit Pepperstone

74-89% of retail CFD accounts lose money

2. FBS

  • FBS offers a low minimum deposit on its
    Standard and Micro accounts.
  • FBS’s Cent account requires a minimum deposit of
    (or $10 for European customers).
  • In contrast, FBS’s Micro account requires a
    minimum deposit of
    $5 but is not available in Europe.
  • With FBS’s Cent account, one can take advantage of the low minimum deposit by trading
    nano lots (0.0001 standard lots), while
    the Micro account offers trading on micro-lots (0.01 standard lots).

Visit FBS

74-89% of retail CFD accounts lose money

3. XM

  • XM offers three account types with a
    minimum deposit
    of $5.
  • The XM Micro account allows trading forex and other assets with
    nano lots.
  • The XM
    Standard account
    offers classic trading with
  • XM
    Zero account
    offers micro-lots, but unlike the XM Standard account has
    lower spreads.
  • Deposits to XM
    do not charge additional fees.

Visit XM

73.57% of retail CFD accounts lose money

4. Axiory

  • Axiory requires a low
    minimum deposit
    of $10
    on all its accounts.
  • All Axiory accounts allow

    to be traded at very low spreads, with
    as low as 1:400 or 1:777 depending on the account chosen.
  • On Axiory forex
    start at 0.3 pips, and it offers a good choice of
    with MT4, MT5, and cTrader depending on the type of account.
Read:  Did Forex Trade on 11th November in the Us

Visit Axiory

Your capital is at risk

5. eToro

  • The
    minimum deposit
    at eToro starts at
    for British customers, and
    for customers in some European countries. For everyone else, it is generally
  • eToro allows forex trading with
  • On eToro you can take good advantage of the
    minimum deposit on cryptocurrencies and stocks, which are available fractional from $10.
  • With eToro you should keep in mind that deposits made in currencies other than USD may charge currency
    conversion fees.

Visit eToro

(68% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money)


  • has a
    $20 minimum deposit
    for all customers if you deposit
    by credit card.
  • Depositing by
    wire transfe
    r at requires a
    minimum deposit

    of at least $250.
  • allows trading with
    micro lots, and its
    start at 0.6 pips.


(83.45% of retail CFD accounts lose money)

7. Trading 212

  • Trading 212 allows you to open a real account with a
    minimum deposit
    ranging from $1 to $10.
  • For $1 you can open the Trading 212
    Invest account
    that allows you to trade
    fractional stocks and ETFs.
  • For $10 you can open the Trading 212
    CFD account

    that allows you to trade a large number of
    CFDs with micro-lots.

Visit Trading 212

76% of retail CFD accounts lose money

8. XTB

  • XTB does not require a
    minimum deposit
    to open a real account.
  • More than
    5,000 financial instruments
    can be traded on XTB’s
    xStation 5 platform
  • XTB’s
    start as low as 0.8 pips.
  • XTB allows forex trading with

Visit XTB

79% of retail CFD accounts lose money

9. Oanda

  • Oanda
    does not require a minimum deposit
    to open a real account.
  • Oanda allows traders to open positions on forex and other
    financial instruments
    with pennies.
  • Deposits
    on Oanda can be made by wire transfer, credit cards, and eWallets.
  • Oanda
    does not charge commissions on deposits
    in most cases.
  • Oanda charges
    as low as 1 pip, and
    0 pips on the Oanda Core account.

Visit Oanda

73.5% of retail CFD accounts lose money

10. Roboforex

  • RoboForex offers four accounts with
    minimum deposits
    of $10.
  • The RoboForex
    Prime and RoboForex ECN accounts
    allow trading forex and other assets with
    as low as 0 pips.
  • The RoboForex ProCent account allows trading with
    nano lots
    so as to take full advantage of the low minimum deposit.
  • The RoboForex Pro account is the most flexible as it allows
    trading on 4 different platforms with high leverage.
Read:  Follow Price Action Trends Forex Trading System Pdf

Visit Roboforex

(74-89% of retail CFD accounts lose money)

Why a minimum of 0$ deposit is not the only thing to consider

Conducting an in-depth technical analysis in search of a broker with no minimum deposit or a low one is not all you should think about though.

You should also consider the fact that you will likely be trading with some kind of
leverage. This and other factors can really help determine the best broker choice for your forex trading future.

In fact, the best situation for you is one where you have a minimum deposit broker that also allows you to trade with a
minimum trade size
. This is something we will get into more at the end of the post.

For now, let’s take a look at the very best forex brokers with low or no minimum deposit.

Why is lot size important with low deposits?

You may be wondering why the lot size has been mentioned frequently and why this may impact you as a trader.

The fact is that if you are a European-based forex trader, it has become very difficult to have a low minimum deposit and be able to trade significant amounts within the standard trading accounts that this opens up. This is all due to the 30:1 leverage limitation placed by regulators in Europe. For example, in order to invest $1 in a Micro lot (1000 units), you would need minimum leverage of 1000:1.

So, if you don’t have leverage, the only solution is to have the smallest trading sizes available.

Some brokers will allow you to open positions for
0.1 nano lots (basically 1/100 of a micro lot), which translates in minimum leverage terms to 10:1.

The only solution that you have available for really low deposit trading if nano lots are not available is unfortunately just to step up your deposit a little more. In these cases as a forex trader,
$50 is typically sufficient although it depends on the asset.

With all of that said, given the number of broker options available, it is still very much possible for European traders, even those constrained by strict 30:1 leverage to experience very low deposit trading in the forex market and others.

About The Author

Read:  How to Calculate Margin in Forex Trading

Filippo Ucchino

Co-Founder – CEO – Broker Expert

Filippo is the co-founder and CEO of He has 15 years of experience in the financial sector and forex in particular. He started his career as a forex trader in 2005 and then became interested in the whole fintech and crypto sector.

Over this time, he has developed an almost scientific approach to the analysis of brokers, their services, and offerings. In addition, he is an expert in Compliance and Security Policies for consumers protection in this sector.

With InvestinGoal, Filippo’s goal is to bring as much clarity as possible to help users navigate the world of online trading, forex, and cryptocurrencies.

filippo ucchino

Best Forex Brokers with Low/No Minimum Deposit 2022

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Trading CFDs, FX, and cryptocurrencies involves a high degree of risk. All providers have a percentage of retail investor accounts that lose money when trading CFDs with their company. You should consider whether you can afford to take the high risk of losing your money and whether you understand how CFDs, FX, and cryptocurrencies work. Cryptocurrencies can widely fluctuate in prices and are not appropriate for all investors. Trading cryptocurrencies is not supervised by any EU regulatory framework. Your capital is at risk. The present page is intended for teaching purposes only. It shall not be intended as operational advice for investments, nor as an invitation to public savings raising. Any real or simulated result shall represent no warranty as to possible future performances. The speculative activity in forex market, as well as in other markets, implies considerable economic risks; anyone who carries out speculative activity does it on its own responsibility.

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Forex Trading Platforms With Low Deposit


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