Choosing the right forex broker begins with understanding the minimum deposit required to open a live trading account. Whether you are a beginner looking for low-risk entry or a professional seeking ECN access, this guide outlines the most up-to-date minimum deposit requirements across leading global brokers.
This article details the minimum deposits of top-tier forex brokers, the type of trading accounts available, and what traders can expect from each platform — helping you make an informed decision in line with your trading goals.
Major Forex Brokers and Their Minimum Deposit Requirements
Exness
- Minimum Deposit: $10 (Standard account)
- Account Types: Standard, Pro, Raw Spread, Zero
- Best For: Low-budget traders needing flexible leverage and instant withdrawals
IC Markets
- Minimum Deposit: $200
- Account Types: Standard, Raw Spread (ECN)
- Best For: High-volume or algorithmic traders requiring low spreads and fast execution
Pepperstone
- Minimum Deposit: $0 (recommended $200)
- Account Types: Standard, Razor (ECN)
- Best For: Scalpers and EA traders who prefer cTrader or TradingView
XM
- Minimum Deposit: $5
- Account Types: Micro, Standard, Ultra-Low, Shares
- Best For: Beginners looking for micro lot exposure with strong education tools
FBS
- Minimum Deposit: $1 (Cent account)
- Account Types: Cent, Standard, ECN, Crypto, Zero Spread
- Best For: Traders in Asia and Africa seeking bonus-rich offerings and local payment options
FXTM (ForexTime)
- Minimum Deposit: $10 (Micro account)
- Account Types: Micro, Advantage, Advantage Plus
- Best For: Flexible leverage and regional customisation in Africa, Asia, and MENA
AvaTrade
- Minimum Deposit: $100
- Account Types: Retail, Professional, Options
- Best For: Long-term traders preferring fixed spreads and regulated protection
Octa
- Minimum Deposit: $25
- Account Types: MT4 Micro, MT5 Pro, Copytrading
- Best For: Cashback seekers and mobile-first traders
FXPro
- Minimum Deposit: $100
- Account Types: MT4/MT5, cTrader, FXPro Edge
- Best For: Platform flexibility and no-dealing desk execution
HFM (HotForex)
- Minimum Deposit: $5 (Micro account)
- Account Types: Micro, Premium, Zero Spread, Auto, PAMM
- Best For: Multi-account management and risk-tiered options
Admirals (Admiral Markets)
- Minimum Deposit: $25
- Account Types: Trade.MT5, Invest.MT5, Zero.MT5
- Best For: Asset diversification and regulated security across Europe
Tickmill
- Minimum Deposit: $100
- Account Types: Classic, Pro, VIP
- Best For: Experienced traders seeking commission-based accounts with razor-thin spreads
RoboForex
- Minimum Deposit: $10
- Account Types: Prime, ECN, R Trader, Pro-Cent
- Best For: Automation and stock CFDs alongside forex
XTB
- Minimum Deposit: $0 (no fixed minimum)
- Account Types: Standard, Swap-Free
- Best For: Regulated access to forex, stocks, and ETFs with no deposit limits
Deriv
- Minimum Deposit: $5
- Account Types: Synthetic, Financial, STP
- Best For: Binary and synthetic index traders
Capital.com
- Minimum Deposit: $20
- Account Types: Standard
- Best For: Traders who want AI-powered insights and commission-free trading
Key Takeaways
- Minimum deposits vary from as low as $1 to $200, depending on account type and broker model
- Cent and micro accounts offer low entry barriers for new traders
- ECN and professional accounts usually require larger deposits due to tighter spreads and commission structures
- Regulated brokers provide more protection, especially when trading with low capital
- Traders should align minimum deposit levels with leverage policies, trading strategy, and risk appetite
Frequently Asked Questions
What is the minimum deposit required to start forex trading?
The minimum deposit can be as low as $1 with brokers like FBS, but most standard accounts start from $10 to $200 depending on the broker.
Are brokers with low minimum deposits safe?
Yes, as long as they are regulated by reputable authorities such as the FCA, ASIC, or CySEC. Low deposits alone are not an indicator of risk.
Which broker allows forex trading with just $5?
XM, FBS, and Deriv offer accounts that allow traders to start with as little as $5 or less.
Is a higher minimum deposit better for trading?
A higher deposit can offer access to better account types and margin stability, but it also increases exposure. It’s important to balance capital with experience.
Can I make profit with a $10 forex account?
While technically possible, profit is limited by position size and leverage. Micro or cent accounts can help practice strategies with real funds.
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