Forex Brokers with No minimum Deposit

  1. What is No Minimum Deposit Broker?
  2. Best No Minimum Deposit Brokers
  3. Are there US Forex brokers with no minimum deposit?
  4. What are Stock brokers with no minimum deposit?
  5. List of Forex Brokers with No Minimum Deposit

What is No Minimum Deposit Broker?

Brokers offering No Minimum Deposit enable traders to set up a trading account without the initial deposit. Due to the competitive nature of the Forex industry, some brokers offer no minimum deposit considered low Deposit Brokers. On the bright side, it makes the industry more accessible for more traders, yet important to note you still cant trade with 0 balance. 

  • The minimum deposit is known as the least amount Forex traders are initially required to deposit when opening a Forex account. The minimum deposit is one of the main factors traders consider before opening an account.
💰 Minimum Deposit RequirementFrom 0$
🏦 Trading Conditions / Spreads Standard as Broker offering
📈 LeverageYes
📉 PositionsSell and Buy

Trading Platform with No Minimum Deposit

No Minimum Depositing becomes more and more popular many forex brokers incorporate this feature into their trading platforms, however still no so many offer it. In order to choose the appropriate trading broker and its trading platform that adheres to the industry’s best practices, make sure the broker is authorized and regulated by respective authorities:

Here are some of our important notes and finds regarding No Minimum Deposit Platforms:

  • The advantages of dealing with Forex brokers with no minimum deposit include the affordability of Forex for new traders and the ability of traders to test the platform first before the investment, and the practice of new strategies.
  • Still you will need to deposit money to the account to be able to open trades, so margin requirement and amount you invest will solely depend on the instrument you will be trading sincne Broker does not set its own minimum limit.
  • Besides, it is not an easy task to capitalize without an initial deposit, hence many brokers offer high leverage for traders who want to increase their returns on investments, which we advise to be careful with
  • Yet, “no minimum deposit” does not always mean a good thing, as a lot of scam brokers use it to lure more money from traders or simply hide the actual fees. 
  • In fact, no minimum deposit comes more in handy for beginner traders who are just dipping into the trading market. However, professionals also use no minimum deposit to try new strategies.
No Minimum Deposit AdvantageNo Minimum Deposit Disadvantage
Risks are minimized Scam Brokers may attract traders
Suitable for BeginnersLimited Profit
AccessHidden Fees
Smaller Order SizeUsing Leverage

Top 5 Best Forex Brokers with No Minimum Deposit

Here we made a list of forex regulated brokers with no Minimum Deposit that adheres to the industry’s safest practices. The list is carefully reviewed and offered  by our experts as best in category:

  • BlackBull Markets — Best Overall No Minimum Deposit Broker 2023
  • City Index — Best Crypto No Minimum Deposit Broker 2023
  • IG — Best Australia No Minimum Deposit Broker 2023
  • CMC Markets — Best MT4 No Minimum Deposit Broker 2023
  • OANDA — Best EU No Minimum Deposit Broker 2023

Are there US Forex brokers with no minimum deposit? 

There are very few brokers in the US that has no minimum deposit, one of the best is OANDA.

What are Stock brokers with no minimum deposit?

There are many forex brokers offering Stock CFD trading with no minimum deposit. The best Brokers with no minimum deposit are Forex.com, XTB, FXTM. However, for Real Stocks Trading there is no Brokers with no deposits, alike InteractiveBrokers or TD Ameritrade requires around 1k$ at the start.

Why Choose a Broker with No Minimum Deposit?

Brokers with low minimum deposits or no deposit offer an ideal solution for traders who may be unsure of the potential outcomes or prefer to test Broker with lower deposit first. This can help diversify risk exposure to test a live account before committing significant amount into the market.

List of Forex Brokers offer No Minimum Deposit

These are the brokers we verify as regulated and have No Minimum Deposit:

Broker Detail
BlackBull Markets logo BlackBull Markets
Min. Deposit: 0 US$
Max. Leverage: 1:500
Trading Platforms: MT4, MT5
Regulation: FMA, FSA
1
BlackBull Markets Review
City Index Broker review City Index
Min. Deposit: US$0
Max. Leverage: 1:30
Trading Platforms: Advantage Web, AT Pro, MT4
Regulation: FCA, NFA, CFTC, IIROC, ASIC, JFSA, MAS, CIMA
2
City Index Review
IG Markets review IG
Min. Deposit: $0
Max. Leverage: 1:30
Trading Platforms: MT4, IG Proprietary
Regulation: FCA, ASIC, BaFin, FINMA, NFA, MAS, DFSA, FSCA, JFSA, FMA, BMA
3
IG Review
cmc markets_logo CMC Markets
Min. Deposit: 0 GBP
Max. Leverage: 1:30
Trading Platforms: CMC Web, CMC Mobile, MT4
Regulation: FCA, ASIC, FMA, IIROC, MAS, BaFin
4
CMC Markets Review
OANDA vs Forex.com OANDA
Min. Deposit: no minimum deposit
Max. Leverage: 50:1
Trading Platforms: Oanda trade, MT4, MT5
Regulation: CFTC, NFA, FCA, MAS, ASIC, IIROC, FFAJ
5
OANDA Review
HFM
Min. Deposit: 5 US$
Max. Leverage: 1:30 | 1:1000
Trading Platforms: MT4, MT5
Regulation: CySEC, FCA, DFSA, FSCA, FSA, CMA
HFM Review
Pepperstone Review Pepperstone
Min. Deposit: 200 US$
Max. Leverage: 1:30 to 1:400
Trading Platforms: MT4, MT5, cTrader, TradingView
Regulation: ASIC, FCA, DFSA, SCB, CMA, CySEC, BaFIN
Pepperstone Review
BDSwiss Review BDSwiss
Min. Deposit: 100 US$
Max. Leverage: 1:500
Trading Platforms: MT4, MT5, BDSwiss Webtrader and App
Regulation: FSC, FSA
BDSwiss Review
FBS
Min. Deposit: 1 USD
Max. Leverage: 1:3000
Trading Platforms: MT4, MT5, FBS trader
Regulation: CySEC, FSC, FSCA, ASIC
FBS Review
FXCC Review FXCC
Min. Deposit: No minimum deposit
Max. Leverage: 1:30 | 1:500
Trading Platforms: MT4
Regulation: CySEC, SVG FSA
FXCC Review