If you’re just stepping into the world of forex trading, let me tell you this — starting small is one of the smartest things you can do. When I first got into trading, I had about $50 to my name and no clue where to begin. I wish someone had shown me what I’m about to share with you today.
The problem is, a lot of forex brokers expect you to fund your account with $100 or more. That’s not ideal if you’re just trying to dip your toes in. What if you could get started with just $5, or even zero dollars?
That’s where low deposit brokers come in. These brokers are made for beginners. They let you test the waters without drowning your budget, and most even offer demo accounts so you can practice risk-free. I’ve tested dozens of them over the years — here’s my personal take on the best ones for new traders in 2025.
- What is a low deposit forex broker?
- Why should beginners care about deposit size?
- 7 brokers with $0–$10 deposit accounts
- How to compare trading platforms, spreads, and education
- Tips for choosing the safest, most user-friendly option
Whether you’re a total beginner or just want to test new waters, this guide will help you find the best broker to fit your goals — all without risking your savings.
Why Choose a Low Deposit Broker?
What Are Low Deposit Brokers?
These brokers let you start trading forex with as little as $0 to $10. Many offer “cent accounts,” where you trade in micro-lots. This means every dollar goes further. When I was learning, I used a $10 deposit account to test strategies on MT4 without sweating losses.
Advantages for Beginners
If you’re new, here’s what makes low deposit brokers so appealing:
- Risk Control – Lose $5? No big deal. It’s training, not tuition.
- Accessible Platforms – Most offer MT4, MT5, or simple mobile apps.
- Education – Built-in guides, webinars, and sometimes even demo simulators.
- Regulated – Many are legit and globally regulated (CySEC, FSA, etc.).
Our Top Picks for Low Deposit Forex Brokers
1. zForex
I personally love zForex for its intuitive dashboard and fast withdrawals. With a $10 minimum, you get MT5, swap-free accounts, and leverage up to 1:1000. I used their educational videos to brush up on candlestick patterns — simple, visual, and straight to the point.
2. RoboForex
Want to copy seasoned traders while you learn? RoboForex lets you do just that. With a $10 deposit, you can copy trades, use MT4/MT5 or cTrader, and open cent accounts. I started here before building the confidence to trade solo.
3. Exness
Exness is my go-to for ultra-low spreads — we’re talking from 0.3 pips. They offer a wide range of assets, including crypto. What I appreciated most was their easy setup process. I had a live account ready in under 15 minutes.
4. EasyMarkets
If you hate surprises, EasyMarkets might be for you. They offer fixed spreads, which means your trading costs don’t fluctuate — even during wild news hours. I liked their “dealCancellation” feature, which gives you up to 6 hours to undo a losing trade.
5. FXTM (ForexTime)
With a $5 minimum deposit, FXTM was one of the first brokers I ever used. It’s perfect for new traders, with tight spreads and quick withdrawals. Their regulation is solid too, and the mobile app is smooth.
6. Libertex
Simple platform, fast onboarding. That’s Libertex in a nutshell. Even though they use their own platform (not MT4), I found the UI super beginner-friendly. It’s clean and doesn’t overwhelm you with charts or jargon.
7. Markets4you
This one’s for true beginners. You can open a cent account with $0 deposit. I tried their educational section and was surprised by how in-depth it was. Spreads start from 0.1 pips, which is great for practicing scalping or quick entries.
Key Features to Compare
Before you jump into any broker, you’ll want to look at the stuff that actually affects your trades. Here’s a quick table I made after testing each one:
| Broker | Min. Deposit | Platform | Leverage | Demo Account | Regulation |
|---|---|---|---|---|---|
| zForex | $10 | MT5 | 1:1000 | Yes | FSA |
| RoboForex | $10 | MT4, MT5, cTrader | 1:2000 | Yes | IFSC |
| Exness | $10 | MT4, MT5 | 1:Unlimited | Yes | CySEC, FSCA |
| EasyMarkets | $0 | MT4, Proprietary | 1:500 | Yes | CySEC, ASIC |
| FXTM | $5 | MT4, MT5 | 1:1000 | Yes | FCA, FSCA |
| Libertex | $10 | Proprietary | 1:500 | Yes | CySEC |
| Markets4you | $0 | MT4, MT5 | 1:1000 | Yes | Unclear |
How to Choose the Right Broker for You
Regulation & Safety
Let me be clear: regulation isn’t optional. It’s the first thing I look for. If a broker isn’t regulated by at least one major body like the CySEC or FCA, I walk away. A license means your funds are safer, and the company has rules to follow. It gives peace of mind — especially if you’re depositing real money for the first time.
Demo Accounts & Risk-Free Tools
Before I risked a dime, I used demo accounts — and you should too. They let you practice with fake money but in real market conditions. Brokers like Exness and FXTM have some of the most realistic demo environments I’ve seen. Plus, some platforms like GoForex and Forex Game turn learning into a simulator-style experience, which helped me understand charts without pressure.
Long-Term Growth Potential
Sure, you’re starting small — but where can this take you? That’s what I always ask. Brokers that offer educational libraries, scaling account types, and tighter spreads as you grow are the ones I stick with. RoboForex let me move from cent accounts to ECN as my confidence (and balance) grew.
FAQs About Low Deposit Forex Brokers
What is the lowest deposit I can start forex trading with?
Some brokers like EasyMarkets and Markets4you let you start with $0. Others, like FXTM, have $5–$10 minimums. Remember, the lower the deposit, the better for testing — but always pair that with regulation and education.
Are low deposit brokers safe?
Yes, as long as they’re regulated. Always check for licenses from authorities like FCA, CySEC, FSCA, etc. Just because the deposit is low doesn’t mean they’re unsafe — many cater to beginners on purpose.
Which broker offers the best demo account?
Exness and RoboForex top my list. Their demo platforms mimic live trading closely, so you don’t get a false sense of success. I also liked zForex’s educational modules built into their demo flow.
Can I trade forex with $10?
Absolutely. I started with $10 on a cent account, and it was the best decision I made. You won’t get rich, but you will learn. That $10 is your tuition into real-world trading — far cheaper than losing $1,000 on a mistake.
Let’s Wrap It Up
Let’s do a quick recap. You’ve now met seven trusted forex brokers that let you start small. From $0 to $10 deposits, each one offers beginner-friendly platforms, demo access, and tight spreads. Plus, they’re regulated — that’s huge.
If you’re just starting out, I highly recommend picking one broker that aligns with your learning style. Want fixed spreads and a calm UI? Go with EasyMarkets. Prefer copying others while you learn? RoboForex is solid. Want ultra-low spreads and crypto access? Exness has you covered.
Bottom line? Start small. Learn safely. Grow gradually. That’s exactly how I built my trading foundation. And if I could go back in time, I’d still start with one of these low deposit brokers — no question about it.
Now it’s your turn to pick one and take that first step. You’ve got this.
