There are currently quite a few brokers who join the industry every day and there are more than enough platforms to choose from that have a low minimum deposit requirement. Below is a list of brokers who meet our high quality standards, who are regulated and have a low deposit amount, who can also help novice traders start their trading career.
LMFX states that it allows customers to «trade everything everywhere» offering Equity CFDs and Forex markets on its site across 7 platforms. This site is secure and with client segregated accounts they emphasise this aspect of the site, although the absence of a license is something of a concern. Trading with tight spreads is another positive feature, while the range of bonuses and promotions on offer will be certain to attract interest. Let’s dive deeper and see whether LMFX really is a legitimate venue for Forex trading.
Demo: Yes \ Crypto: No \ Social: No \ Leverage: 1:1000 \ Scalping: Yes \ Hedging: Yes \ Deposit: $/€/£ - 50
IFC Markets provides its customers with financial instruments trading services both on organized trading floors and outside of them using NetTradeX trading platform and MetaTrader 4 and MetaTrader 5 platforms. The company strives for market leadership and provides its customers with the best service and trading conditions, largely being a pioneer in its field of activity.
Demo: Yes \ Crypto: Yes \ Social: No \ Leverage: 1:400 \ Scalping: Yes \ Hedging: Yes \ Deposit: $/€/£ - 1
GAIN Capital Holding's «Forex» is regulated by FCA in the UK and the respective regulatory agencies in the US (NFA), Japan, Hong Kong, Singapore, Cayman Islands, Australia and Canada. The broker is actively promoting its services in the Asian region. It is popular with beginners and advanced traders alike, with a proprietary platform FOREXTrader Pro that offers plenty of charting capabilities and intuitive trading.
Demo: Yes \ Crypto: Yes \ Social: No \ Leverage: 1:200 \ Scalping: Yes \ Hedging: No \ Deposit: $/€/£ - 50
TickMill a British broker who appeared in the forex trading environment in 2014. Today, the broker is actively developing as a high-tech ECN broker, providing the entire range of services for online trading in the international foreign exchange market. The broker offers its customers low spreads, fast execution of orders and guarantees complete transparency of relationships with traders.
Demo: Yes \ Crypto: No \ Social: No \ Leverage: 1:500 \ Scalping: Yes \ Hedging: Yes \ Deposit: $/€/£ - 100
The work of HF Markets is regulated by CySEC and has the necessary international license from this organization, according to which the broker has the right to provide investment services around the world. The company provides software and tools for trading Forex and trading commodities online. All company customers can use the interbank market spreads and access to liquidity using modern automated platforms. It is possible to choose favorable conditions for trade. All orders are executed instantly through ECN/STP systems.
Demo: Yes \ Crypto: Yes \ Social: Yes \ Leverage: 1:1000 \ Scalping: Yes \ Hedging: Yes \ Deposit: $/€/£ - 50
City Index one of the best CFD brokers in UK offering low spread worldwide markets for trading. The company provides online trading services in more than 140 countries around the world. Traders have access to over 12,000 markets across the board using MetaTrader, Advantage Web, AT Pro. More than 100,000 retail investors worldwide are now using the City Index. They provide services at fair and transparent prices, as well as some of the best customer support. All transactions are carried out with minimal spreads and commissions.
Demo: Yes \ Crypto: Yes \ Social: No \ Leverage: 1:400 \ Scalping: Yes \ Hedging: Yes \ Deposit: $/€/£ - 100
HY Markets (HYCM) company provides a variety of financial services in more than 140 countries. HY Markets brokerage company headquarters are located in London, Hong Kong and Cyprus. HY Markets is regulated by the British Economic Control Authority, Cyprus Securities and Exchange Commission, Cayman Islands Financial Authority, Dubai Financial Regulatory Authority, and Supervisory and Regulatory Authority of Saint Vincent and Grenadines business companies.
Demo: Yes \ Crypto: Yes \ Social: No \ Leverage: 1:300 \ Scalping: No \ Hedging: No \ Deposit: $/€/£ - 100
«Markets» online forex and CFD broker is a very popular forex broker among traders. In addition to the trademark TradeTech Markets Limited, the company is a serious forex broker that has been in operation since early 2000. Being one of the early leaders in the retail forex space, «Markets» has evolved to become one of the well known and reputable forex brokerages with over 10 years of successfully running the forex brokerage. Broker offers a very wide range of assets, including CFDs on Indices, Currencies, Commodities, Stocks, Cryptocurrencies, ETFs, Blends and Bonds. The broker offers a combination of high quality, customer service, transparency and competitive conditions for trading in the financial market. The platform is unique and has more than 2000 instruments are available.
Demo: Yes \ Crypto: Yes \ Social: No \ Leverage: 1:300 \ Scalping: Yes \ Hedging: Yes \ Deposit: $/€/£ - 100
An international company with a turnover of $20 billion is automatically credible. A company registered in Ireland entered the global financial market in 2006. Customers can choose from several types of platforms. Beginners begin to get acquainted with the intricacies of working on a financial exchange with a demo account. Due to these features, reviews about the AvaTrade broker are mostly positive.
Demo: Yes \ Crypto: Yes \ Social: No \ Leverage: 1:400 \ Scalping: No \ Hedging: Yes \ Deposit: $/€/£ - 100
ForexTime or FXTM is an international professional who provides an expanded range of online trading and investment services in the international currency market for clients from 99 countries. The main advantages are fast processing of orders under the best conditions, reliability, convenience and a wide range of services in the personal workspace.
Broker ForexTime has a solid license and a good reputation for customers, as evidenced by positive reviews. Traders will have access to a wide range of trading instruments. You can use currency pairs, precious metals, futures, contracts for difference. The total number of trading instruments is more than 100.
Demo: Yes \ Crypto: Yes \ Social: Yes \ Leverage: 1:1000 \ Scalping: Yes \ Hedging: Yes \ Deposit: $/€/£ - 100
Forex broker OANDA is an active participant in financial markets. The company stands out among traditional forex dealers, because in addition to providing customers with access to the foreign exchange market, it is also a market maker. Due to this, as well as a well-deserved reputation for over 20 years, the OANDA broker is very popular among traders around the world. The company is primarily focused on providing brokerage services to users from Europe, USA, Australia and Japan. This is a broker known to experienced traders.
Demo: Yes \ Crypto: Yes \ Social: No \ Leverage: 1:50 \ Scalping: Yes \ Hedging: Yes \ Deposit: $/€/£ - 1
NAGA ever since its inception, in 2015, has been all about making the world of trading, investing and managing financial assets open and much easier for everyone. Regulated by CySEC, you will find a safe and reliable platform with many advanced features and tools compared to other platforms. An interesting addition to their portfolio of financial products is NAGA Group, a Fintech group trading on Frankfurt Stock Exchange. They use the NAGA Coin within the NAGA Wallet and NAGA Ecosystem.
Demo: Yes \ Crypto: Yes \ Social: Yes \ Leverage: 1:300 \ Scalping: Yes \ Hedging: Yes \ Deposit: $/€/£ - 100
DeltaStock was established in Bulgaria, in 1998, during which time the company’s clients were private individuals, companies and representing brokers from more than 50 countries. During its existence, the broker was able to achieve significant results, one of which is the creation of its own trading platform DeltaTrading 6. The company has a license to carry out its activities, twenty-four hours of support by phone, email and live chat.
Demo: Yes \ Crypto: Yes \ Social: No \ Leverage: 1:200 \ Scalping: Yes \ Hedging: Yes \ Deposit: $/€/£ - 100
EasyForex was established in 2003 and currently acts as a broker with global reach. It provides its services in over 160 countries worldwide, offering trading in 175 products ranging from currencies, CFDs, commodities and metals, to options on both its proprietary platform and the ever popular MetaTrader. Simple and professional business solutions. From world-class trading platforms with expanded order execution and risk management tools to real-time market data and real-time streaming, Easy-Forex ® helps partners deliver advanced trading technologies and solutions to customers worldwide and is suitable for all skill levels.
Demo: Yes \ Crypto: Yes \ Social: No \ Leverage: 1:400 \ Scalping: Yes \ Hedging: Yes \ Deposit: $/€/£ - 25
Initially, Alpari, established in 1998, offered online trading services in the Forex currency market. Now the holding conducts its activities in different directions. In addition to services in the foreign exchange market, the company offers trading in options, valuable metals, PAMM-investing and other investment types. Today, Alpari has offices in more than 150 countries. Alpari is a member of The Financial Commission, an international organization that resolves disputes in the field of financial services in the international currency market. This company has more than two million customers from all over the world, which indicates a leading position in the market.
Demo: Yes \ Crypto: Yes \ Social: No \ Leverage: 1:1000 \ Scalping: Yes \ Hedging: Yes \ Deposit: $/€/£ - 1
The company provides traders with access to the financial markets, allowing them to trade thousands of assets. These financial assets include stocks, forex, cryptocurrencies, CFDs, commodities, and indices. IG has been known to provide top-notch services to their customers over the past few decades, allowing them to access effective trading tools, an economic calendar, market analysis, daily news, an intuitive trading platform, educational resources and other vital resources.
Demo: Yes \ Crypto: Yes \ Social: No \ Leverage: 1:300 \ Scalping: Yes \ Hedging: Yes \ Deposit: $/€/£ - 1
Binary offers specialized trading platforms designed for trading CFDs and options. During its existence, the company has become a real world leader in the industry. As a fully licensed and regulated site, it has been providing worldwide services to over 300,000 customers since 2008. Unlike most brokers, it provides an opportunity for customers to trade on a unique platform. The company is focused on stability, reliability and operates in accordance with European regulation and has the right to provide its services in any European country.
Demo: Yes \ Crypto: Yes \ Social: No \ Leverage: 1:1000 \ Scalping: Yes \ Hedging: Yes \ Deposit: $/€/£ - 5
Plus500 is an industry leader providing CFDs and trading opportunities for Cracyptocurrency, Forex, Stocks, ETFs, Commodities, Indices and Options. All trading instruments on Plus500 are used. The trading platform comes from Plus500 Ltd, which takes several steps to protect customer funds and ensure uninterrupted user interaction. Plus500 portfolio currently has over 2,000 instruments. The company has several branches in Cyprus, South Africa, New Zealand and Singapore, and the main office is located in London.
Demo: Yes \ Crypto: Yes \ Social: No \ Leverage: 1:300 \ Scalping: No \ Hedging: No \ Deposit: $/€/£ - 100
The World Forex brand was founded in 2007 and initially specialized primarily in the provision of services in the foreign exchange market. And since 2013, trading in electronic contracts has become available to broker's customers. Clients can count on a wide range of services. To date, the number of accounts opened in the company already exceeds 250 thousand.
Demo: Yes \ Crypto: Yes \ Social: No \ Leverage: 1:500 \ Scalping: No \ Hedging: Yes \ Deposit: $/€/£ - 1
SimpleFX allows traders from 160 countries to enter international trading floors and work with the most advanced financial instruments. The company is registered in Saint Vincent and the Grenadines. The broker indicates that his clients are more than 200,000 traders from around the world. And his main advantages are the best prices, execution and liquidity, innovative trading technologies, the multiplicity of trading tools, the ability to trade year-round and the provision of security guarantees for client funds.
Demo: Yes \ Crypto: Yes \ Social: No \ Leverage: 1:500 \ Scalping: Yes \ Hedging: Yes \ Deposit: $/€/£ - 1
Dukascopy offers currency and precious metals trading for retail and institutional customers. It promises equal liquidity and quotes for all customers. All types of trading are allowed, including scalping, there are various trading commissions depending on the size of the account and the monthly trading volume, and deposits are protected by the Swiss government in the amount of $100,000 per client.
Demo: Yes \ Crypto: Yes \ Social: Yes \ Leverage: 1:100 \ Scalping: Yes \ Hedging: Yes \ Deposit: $/€/£ - 100
Low minimum deposit brokers
For those who want to start their trading career with a large capital for investment, this is not something that is easily accessible to everyone. The best way to start trading is to start small and work until you have more than enough funds for a large premium investment. But the rule of silence about trading and the best offer for trading in any financial market with a sufficiently large capital will keep you safe from any losses. The main question is how many brokers are willing to accept traders who cannot make a big contribution to their accounts? Answer: Use a broker that has more than an average low minimum deposit.
Benefits of low minimum deposits
Trading with a low deposit amount helps traders to check the platform, as well as gain some experience in trading. You will also pay more attention to every trade you make, knowing that a calculation error can cost you a lot more than you can afford.
Risks with a low minimum deposit
The risk that comes with trading with a small account means that it will become more difficult and costly to diversify your portfolio. If you trade with an account of $50, and place 4 transactions with various assets, you will be left with $10, because there is not enough gasket to protect against any transactions against you. A trading account that accepts a low minimum deposit is the best way for a beginner, and he will continue to gain experience and master the market, and then you can invest a lot of capital to become more profitable in the market.