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Low Minimum Deposit Forex Brokers, Compared

Sorted by the smallest minimum deposit each broker states, then by editorial score. Where a broker gives a range, the lowest figure is used. Figures come from our broker directory; each review shows the source and when it was last checked.

Key Takeaway:The smallest stated minimum deposit among the 9 brokers we cover is $0, at BlackBull Markets. A small deposit limits what you can lose on day one, but it does not lower the risk of leveraged trading: a small account on high leverage can be closed out quickly.

Ranked Comparison: 9 Brokers

Position follows the rule above. Whether a broker pays us does not change it.

FX Advisor Pro earns a commission from some brokers on this page: XM, MH Markets, MultiBank Group. Commission does not change a score. How we rate.

#1
BlackBull Markets logo
BlackBull Markets
9 / 10
Minimum deposit$0
Min Deposit$0

Delivers elite, true ECN trading conditions and deep liquidity. However, it relies on Tier-2 (FMA) regulation and charges a punitive $5 withdrawal fee, which mathematically penalizes small-capitalization retail accounts that execute frequent withdrawals.

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#2
Exness logo
Exness
9.4 / 10
Minimum deposit$1 - $10
Min Deposit$1 - $10

Represents a premier choice for traders needing hyper-localized funding integration (instant crypto/USDT networks) and immediate withdrawal automation. While its hybrid model and unlimited leverage effortlessly absorb retail flow, clients must rigorously implement independent risk management to avoid catastrophic drawdowns.

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#3
XM logo
XM
5.4 / 10
Featured Partner
Minimum deposit$5
Min Deposit$5

Despite massive global market penetration and aggressive marketing, the suppressed 2.7 Trustpilot score exposes deep systemic friction. Wide baseline spreads on standard accounts, aggressive inactivity fees ($15 initial, $5 monthly), and documented withdrawal hurdles with regional processors heavily degrade the trader's edge. Active warnings from the Philippine SEC regarding unauthorized operations present a notable reputational vulnerability for offshore clients.

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#4
ACY Securities logo
ACY Securities
8.8 / 10
Minimum deposit$50
Min Deposit$50

Provides excellent execution speeds and innovative automation tools via Capitalise.ai. However, it is hampered by unfavorable overnight swap rates, bureaucratic withdrawal reviews that trap capital, and active warnings from stringent European and Asian regulators (AMF, CNMV, Malaysia SC) regarding unauthorized solicitation.

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#5
MH Markets logo
MH Markets
6.6 / 10
Featured Partner
Minimum deposit$50
Min Deposit$50

MH Markets is a multi-asset CFD broker whose legal entity is Mohicans Markets Ltd, licensed by the Mauritius FSC, with low entry deposits, MT4 and MT5 and three account types. Independent scores are mixed: BrokersView gives 8.3 and WikiFX 7.35 out of 10, while Traders Union gives 5.4 and Trustpilot shows 2.6 out of 5 with many complaints about blocked withdrawals. Check which legal entity your account would be with, read the bonus and withdrawal terms before you deposit, and try a small withdrawal early.

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#6
MultiBank Group logo
MultiBank Group
6.6 / 10
Featured Partner
Minimum deposit$50
Min Deposit$50

MultiBank Group is a large multi-entity broker with licences listed in many countries and a wide product range, but public feedback is split: independent reviewers rate it well, while Trustpilot withholds its TrustScore and WikiFX scores it 1.69 out of 10 with a frequent-complaints warning. Check which legal entity your account would be with, read the bonus terms before accepting any bonus, and try a small withdrawal early.

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#7
AvaTrade logo
AvaTrade
9.4 / 10
Minimum deposit$100
Min Deposit$100

While excellent for fixed-spread certainty during low volatility, the exorbitant inactivity fee structure ($50 per quarter plus a $100 annual levy) introduces massive drag on passive capital. The reality that these fixed spreads actively widen during critical macroeconomic data releases introduces hidden execution risk, and widespread warnings from Canadian provincial regulators highlight aggressive cross-border solicitation.

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#8
Blueberry Markets logo
Blueberry Markets
9.4 / 10
Minimum deposit$100
Min Deposit$100

Secures Tier A status entirely on the strength of its friction-free customer support and pristine regulatory history, offering a highly secure environment for traders who prioritize administrative peace of mind over extreme technological complexity.

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#9
IC Markets logo
IC Markets
9.6 / 10
Minimum deposit$200
Min Deposit$200

Remains the undisputed industry leader for low-latency algorithmic trading. Its Equinix NY4 integration, $0 non-trading fees, and deep Tier-1 liquidity mathematically optimize expectancy for high-frequency scalping. The seamless integration of Swap-free accounts is a strong fit for traders needing Islamic account options.

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Detailed Breakdown per Broker

What each broker is good for, specific account terms, and essential caveats before funding.

#1

BlackBull Markets

$0

Delivers elite, true ECN trading conditions and deep liquidity. However, it relies on Tier-2 (FMA) regulation and charges a punitive $5 withdrawal fee, which mathematically penalizes small-capitalization retail accounts that execute frequent withdrawals.

Minimum deposit$0
PlatformsMT4, MT5, cTrader, TradingView
RegulatorsFMA, FSA
Maximum leverage1:500
Who It Suits:Institutional raw spreads & low latency
Watch Out For:Fixed $5 withdrawal fee
#2

Exness

$1 - $10

Represents a premier choice for traders needing hyper-localized funding integration (instant crypto/USDT networks) and immediate withdrawal automation. While its hybrid model and unlimited leverage effortlessly absorb retail flow, clients must rigorously implement independent risk management to avoid catastrophic drawdowns.

Minimum deposit$1 - $10
PlatformsMT4, MT5, Exness Trade
RegulatorsFCA, CySEC, FSCA, FSC, FSA
Maximum leverageUnlimited
Who It Suits:Instant crypto withdrawals & High leverage
Watch Out For:Aggressive stop-out execution
#3

XM

$5

Despite massive global market penetration and aggressive marketing, the suppressed 2.7 Trustpilot score exposes deep systemic friction. Wide baseline spreads on standard accounts, aggressive inactivity fees ($15 initial, $5 monthly), and documented withdrawal hurdles with regional processors heavily degrade the trader's edge. Active warnings from the Philippine SEC regarding unauthorized operations present a notable reputational vulnerability for offshore clients.

Minimum deposit$5
PlatformsMT4, MT5, XM App
RegulatorsCySEC, DFSA, FSCA, FSC, FSA
Maximum leverage1:1000
Who It Suits:Micro-accounts & Educational resources
Watch Out For:Aggressively widened spreads during volatility
#4

ACY Securities

$50

Provides excellent execution speeds and innovative automation tools via Capitalise.ai. However, it is hampered by unfavorable overnight swap rates, bureaucratic withdrawal reviews that trap capital, and active warnings from stringent European and Asian regulators (AMF, CNMV, Malaysia SC) regarding unauthorized solicitation.

Minimum deposit$50
PlatformsMT4, MT5, LogixTrader
RegulatorsASIC, VFSC, FSCA
Maximum leverage1:500
Who It Suits:Capitalise.ai automation
Watch Out For:Painstakingly slow withdrawal process
#5

MH Markets

$50

MH Markets is a multi-asset CFD broker whose legal entity is Mohicans Markets Ltd, licensed by the Mauritius FSC, with low entry deposits, MT4 and MT5 and three account types. Independent scores are mixed: BrokersView gives 8.3 and WikiFX 7.35 out of 10, while Traders Union gives 5.4 and Trustpilot shows 2.6 out of 5 with many complaints about blocked withdrawals. Check which legal entity your account would be with, read the bonus and withdrawal terms before you deposit, and try a small withdrawal early.

Minimum deposit$50
PlatformsMT4, MT5, MT4 WebTrader, Social Trading
RegulatorsFSC (Mauritius, offshore)
Maximum leverage1:2000
Who It Suits:Low $50 entry with Standard, Prime and ECN accounts (check your entity first)
Watch Out For:Trustpilot TrustScore is 2.6 out of 5 from 32 reviews; 47% are one-star, mostly about blocked withdrawals and closed accounts
#6

MultiBank Group

$50

MultiBank Group is a large multi-entity broker with licences listed in many countries and a wide product range, but public feedback is split: independent reviewers rate it well, while Trustpilot withholds its TrustScore and WikiFX scores it 1.69 out of 10 with a frequent-complaints warning. Check which legal entity your account would be with, read the bonus terms before accepting any bonus, and try a small withdrawal early.

Minimum deposit$50
PlatformsMT4, MT5, MB Trader (web), Social Trading
RegulatorsASIC (Australia), CySEC (Cyprus), BaFin (Germany), MAS (Singapore), CMA (UAE), FSC (British Virgin Islands, offshore), CIMA (Cayman Islands, offshore), VFSC (Vanuatu, offshore)
Maximum leverage1:1000
Who It Suits:Low $50 entry with ECN and swap-free options (check your entity first)
Watch Out For:Trustpilot shows no TrustScore for the company and reports of delayed or blocked withdrawals are frequent
#7

AvaTrade

$100

While excellent for fixed-spread certainty during low volatility, the exorbitant inactivity fee structure ($50 per quarter plus a $100 annual levy) introduces massive drag on passive capital. The reality that these fixed spreads actively widen during critical macroeconomic data releases introduces hidden execution risk, and widespread warnings from Canadian provincial regulators highlight aggressive cross-border solicitation.

Minimum deposit$100
PlatformsMT4, MT5, AvaTradeGO, WebTrader, AvaOptions
RegulatorsCBI, ASIC, FSCA, FFAJ, FSRA, BVIFSC
Maximum leverage1:400
Who It Suits:Fixed-spread trading strategies
Watch Out For:Draconian inactivity fees
#8

Blueberry Markets

$100

Secures Tier A status entirely on the strength of its friction-free customer support and pristine regulatory history, offering a highly secure environment for traders who prioritize administrative peace of mind over extreme technological complexity.

Minimum deposit$100
PlatformsMT4, MT5
RegulatorsASIC, VFSC, SCB
Maximum leverage1:500
Who It Suits:Elite, human-driven customer service
Watch Out For:Lacks cTrader and TradingView
#9

IC Markets

$200

Remains the undisputed industry leader for low-latency algorithmic trading. Its Equinix NY4 integration, $0 non-trading fees, and deep Tier-1 liquidity mathematically optimize expectancy for high-frequency scalping. The seamless integration of Swap-free accounts is a strong fit for traders needing Islamic account options.

Minimum deposit$200
PlatformsMT4, MT5, cTrader, TradingView
RegulatorsASIC, CySEC, FSA, SCB
Maximum leverage1:5000
Who It Suits:Algorithmic trading, EAs & Scalping
Watch Out For:Stringent KYC/AML bottlenecks

Why This Matters

The minimum deposit is the cheapest way to test a broker with real money. It says nothing about spreads, withdrawals or safety, so use it to shortlist, then read the review. A broker with a very low minimum can still charge more in spreads or fees.

Who should look elsewhere?

Traders who want the tightest raw spreads often need a larger deposit for those accounts. If a low-deposit account is on an offshore entity, weigh the weaker protection before you fund it.

Frequently Asked Questions

Is a $0 or $1 minimum deposit real?

It is what the broker states for its entry account. The account types with the best prices often need more, and payment methods can set their own minimums. Check the account you would use.

Can I trade properly with a very small deposit?

You can trade, but position size is limited and a few losing trades can use up the account. Use small position sizes and a stop-loss, and do not add money to recover losses.

Does a low minimum deposit mean a worse broker?

Not by itself. Judge the broker on regulation, costs and withdrawals as well. Each review above links to the details.

CFDs and leveraged forex are complex and carry a high risk of losing money quickly. Only trade with money you can afford to lose.