A forex broker with no minimum deposit allows traders to open and fund a live account with any amount — even as low as $1 — making it ideal for beginners, low-capital traders, and those wanting to test platforms in real market conditions without financial pressure. These brokers often provide flexible account types, micro-lot trading, and full platform access regardless of balance.
This guide compares the best no-minimum-deposit brokers in 2025, their features, and how to choose the right one for your needs.
Benefits of No Minimum Deposit Brokers
Why Traders Prefer Them
- Start live trading with low risk
- Ideal for testing strategies or platforms
- Accessible to students or small-budget traders
- Full platform access (MT4, MT5, WebTrader)
- Micro-lot trading supported on most accounts
Best Forex Brokers with No Minimum Deposit (2025)
1. Exness – Best No Minimum Deposit Broker Globally
- Regulation: FSCA, CySEC, FSA
- Platform: MT4, MT5
- Minimum Deposit: $0
- Leverage: Unlimited (under conditions)
- Spread: From 0.0 pips (Raw account)
- Account Types: Standard, Raw Spread, Zero
- Best For: Scalping, automation, low-capital EA traders
2. TibiGlobe – Best High Leverage MT5 Broker with Flexible Funding
- Regulation: Offshore
- Platform: MT5
- Minimum Deposit: $0
- Leverage: Up to 1:1000
- Spread: From 0.2 pips
- Account Types: ECN, Islamic
- Best For: MT5 users and high leverage traders starting small
3. XM – Best for Micro Accounts with $5 Funding Option
- Regulation: CySEC, IFSC
- Platform: MT4, MT5
- Minimum Deposit: $5 (but accepts $1+)
- Leverage: Up to 1:888
- Spread: From 0.1 pips (Zero account)
- Account Types: Micro, Standard, XM Zero
- Best For: Beginners and low-stake position traders
4. FBS – Best Cent Account Broker for Micro-Lot Traders
- Regulation: IFSC, FSCA
- Platform: MT4, MT5
- Minimum Deposit: $1
- Leverage: Up to 1:3000
- Spread: From 0.0 pips
- Account Types: Cent, Standard, Raw Spread
- Best For: Very small capital, strategy testers
5. FXTM – Best Localised Access with Flexible Deposit Tiers
- Regulation: FCA, FSCA, CySEC
- Platform: MT4, MT5
- Minimum Deposit: From $10 (varies by region)
- Leverage: Up to 1:2000
- Spread: From 0.1 pips
- Account Types: Micro, Advantage, Standard
- Best For: Local deposit methods and swap-free accounts
Comparison Table
Broker | Regulation | Platform(s) | Min Deposit | Leverage | Spread From | Best For |
---|---|---|---|---|---|---|
Exness | FSCA, CySEC | MT4, MT5 | $0 | Unlimited | 0.0 pips | EA users and scalping |
TibiGlobe | Offshore | MT5 | $0 | Up to 1:1000 | 0.2 pips | High-leverage MT5 users |
XM | CySEC, IFSC | MT4, MT5 | $5 ($1+) | Up to 1:888 | 0.1 pips | Micro-lot beginner traders |
FBS | FSCA, IFSC | MT4, MT5 | $1 | Up to 1:3000 | 0.0 pips | Small balance and strategy tests |
FXTM | FCA, FSCA | MT4, MT5 | From $10 | Up to 1:2000 | 0.1 pips | Local access and Islamic traders |
Things to Consider
- Leverage Tiers: May vary based on account balance
- Spreads vs Commission: Zero-spread accounts often have added fees
- Funding Methods: Credit card, crypto, e-wallet, or local transfer
- Execution Type: Market vs instant execution can affect slippage
- Account Currency: USD, EUR, or regional currency support
Key Takeaways
- Exness and TibiGlobe are top choices for zero minimum deposit with full MT5 and ECN access.
- XM and FBS offer micro and cent accounts for traders starting with as little as $1.
- Choose based on platform compatibility, leverage needs, and funding methods.
- Always verify if trading tools and conditions are unlocked at all deposit levels.
Frequently Asked Questions
Is it safe to trade with $0 minimum deposit brokers?
Yes, if the broker is well-regulated and offers full account functionality with proper risk management.
Which broker allows trading with just $1?
FBS, XM, and TibiGlobe support live accounts with $1 or less.
Are these accounts suitable for beginners?
Yes. They allow new traders to practise live execution without large financial commitment.
Can I access full features with no minimum deposit?
Yes, most brokers unlock all platform tools regardless of deposit amount, though volume limits apply.
What platform do no-deposit brokers use?
All listed brokers support MT4, MT5, or proprietary web/mobile terminals.
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