CFDs and leveraged forex are complex instruments and come with a high risk of losing money rapidly due to leverage. Most retail accounts lose money when trading CFDs. Consider whether you understand how these products work and whether you can afford the high risk of losing your money.

Forex Brokers with a Low Minimum Deposit

Regulated brokers that advertise a first deposit of $50 or less, ordered by the amount required.

These regulated brokers advertise a minimum first deposit of $50 or less on their entry-level account. They are ordered by the amount required, then by Dossier Score.

What to check before choosing

A small deposit limits what you can lose, but it also forces very small positions if you want to manage risk sensibly. Minimums can differ by payment method and by entity. Low-deposit accounts are often spread-only accounts with wider spreads, so compare the cost as well as the entry ticket.

How this list is ranked: brokers must match the criteria above and hold at least one tier 1 or tier 2 licence. They are then ordered by Dossier Score. Measured trading cost is not part of the ranking yet. Methodology.

BrokerDossier ScoreEntity serving youMin. depositPlatformsActions
1 CMC Markets Founded 1989 Listed 91 CMC Markets UK plc FCA #173730 Tier 1 $0 Own platformMT4TradingView Review Visit site
2 Interactive Brokers Founded 1978 Listed 91 Interactive Brokers LLC CFTC/NFA #0258600 Tier 1 $0 Own platformTradingView Review Visit site
3 Saxo Founded 1992 Bank 76 Saxo Bank A/S Danish FSA #1149 Tier 2 $0 Own platformTradingView Review Visit site
4 OANDA Founded 1996 54 OANDA Global Markets Ltd BVI FSC Tier 3 (offshore) $0 Own platformMT4MT5TradingView Review Visit site
5 Pepperstone Founded 2010 54 Pepperstone Markets Limited SCB #SIA-F217 Tier 3 (offshore) $0 MT4MT5cTraderTradingView Review Visit site
6 XTB Founded 2002 Listed 50 XTB International Limited FSC Belize Tier 3 (offshore) $0 Own platform Review Visit site
7 ThinkMarkets Founded 2010 48 TF Global Markets Int Limited FSA Seychelles #SD060 Tier 3 (offshore) $0 MT4MT5TradingViewOwn platform Review Visit site
8 HFM Founded 2010 42 HF Markets (Seychelles) Ltd FSA Seychelles #SD015 Tier 3 (offshore) $0 MT4MT5Own platform Review Visit site
9 Axi Founded 2007 36 AxiTrader Limited SVG FSA #25417 BC 2019 Registration only $0 MT4MT5 Review Visit site
10 BlackBull Markets Founded 2014 28 BBG Limited FSA Seychelles #SD045 Tier 3 (offshore) $0 MT4MT5cTraderTradingView Review Visit site

Dossier Score, entity and regulator are shown for the company that would serve your country. Buttons marked “Affiliate link” may earn us a commission. Unmarked buttons go to the broker's own site and earn us nothing.

CFDs and leveraged forex are complex instruments and come with a high risk of losing money rapidly due to leverage. Most retail accounts lose money when trading CFDs. Consider whether you understand how these products work and whether you can afford the high risk of losing your money.