One of the most important things new traders need to consider when opening a live trading account is their trading capital. Nearly all brokers require a minimum deposit, but most brokers offer at least one low-cost account option. And the low minimum deposit is usually somewhere between $1 and $100.
There are many advantages to choosing a brokers with low minimum deposits. The main benefit is that it allows you to start trading with less trading capital. This is ideal for new traders who are just getting started and who would prefer to trade smaller amounts. The other main benefit is improved training. If it is your first time trading, then it can help to start on a demo account and then transition to a low deposit live account, in order to better manage your risk.
Here is our list of the best forex brokers with low minimum deposits.
Broker | Features | Review | Visit |
* 1:400 leverage * 1000+ instruments * $0 min. deposit * ASIC licence | |||
* 1:1000 leverage * 1200+ instruments * $5 min. deposit * CySEC licence | |||
* 1:1000 leverage * 210+ instruments * $15 min. deposit * CySEC licence | |||
* 1:2000 leverage * 250+ instruments * $50 min. deposit * CySEC licence | |||
* 1:888 leverage * 1000+ instruments * $5 min. deposit * CySEC licence | |||
* 1:1000 leverage * 200+ instruments * $1 min. deposit * CySEC licence |