The Top 10 Best Forex Brokers with a $10 Minimum Deposit revealed. We have rated and reviewed the best Forex Brokers with a $10 Minimum Deposit.
This is a complete listing of The 10 Best Forex Brokers with a $10 Minimum Deposit. In this in-depth write-up you will learn:
and much, much more!
A minimum deposit is the minimum amount of money required to open a live trading account with the traders selected Forex Broker. Higher minimum deposits are generally associated with accounts that offer premium services whereas lower minimum deposits are offered to attract new customers.
Broker | Minimum Deposit | Leverage (Up to) | Spreads (from) | Open an Account |
FXTM | $10 USD | 1:2000 | 0.0 Pips | Click Here |
RoboForex | $10 USD | 1:2000 | 0.0 Pips | Click Here |
IQ Option | $10 USD | 1:30 | 0.6 Pips | Click Here |
InstaForex | $1 USD | 1:1000 | 0.0 Pips | Click Here |
Oanda | $0 USD | 1:200 | 0.0 Pips | Click Here |
XTB | $0 USD | 1:500 | 0.1 Pips | Click Here |
IG | $0 USD | 200:1 | 0.8 Pips | Click Here |
CMC Markets | $0 USD | 1:500 | 0.7 Pips | Click Here |
Axi | $0 USD | 1:500 | 0.4 Pips | Click Here |
ThinkMarkets | $0 USD | 1:500 | 0.0 Pips | Click Here |
FXTM is a global CFD and FX broker. FXTM is regulated by several financial authorities and customer service is offered in several languages. Furthermore, multiple educational tools plus a demo account are made available.
Broker | FXTM |
Min Deposit | $10 USD |
Demo Account | Yes |
Inactivity Fee | Yes |
Withdrawal Fee | Yes |
Open an Account | Click Here |
The minimum deposit amount required to register an FXTM live trading account ranges from $10 USD – $500 USD. FXTM makes three live trading accounts available, the Micro account, Advantage, and Advantage Plus Accounts.
FXTM Account | Micro | Advantage | Advantage Plus |
Minimum Deposit | $10 USD | $500 USD | $500 USD |
Open an Account | Click Here | Click Here | Click Here |
Pros | Cons |
Excellent Customer Service | High CFD fees |
Great Educational Tools | Inactivity Fee |
Fast Account Opening | Withdrawal Fee |
RoboForex is a trusted online broker that provides trading assets on its Pro-Cent, Pro-Standard, and RAMM live accounts. RoboForex offers a wide selection of trading platforms, including MT4 and MT5.
Broker | Roboforex |
Regulating Authorities | IFSC |
Countries not accepted | US, Canada, Australia, and Japan |
Islamic account | Yes |
Demo Account | Yes |
Maximum Leverage | 1:2000 |
Minimum Deposit | $10 USD |
Platform Types | MT4, MT5 |
Open an Account | Click Here |
The minimum deposit amount required to open a RoboForex Account is $10 USD. RoboForex provides 5 different live trading accounts, Prime, ECN, R.StocksTrader, ProCent, and Pro.
Account | Prime | ECN | R.StocksTrader | ProCent | Pro |
Minimum Deposit | $10 USD | $10 USD | $100 USD | $10 USD | $10 USD |
Open an Account | Click Here | Click Here | Click Here | Click Here | Click Here |
Pros | Cons |
Fast order execution | No fixed spread accounts |
8 asset classes | Don’t accept clients from US, Canada, Australia or Japan |
IQ Option offers its clients a virtually funded demo account, live trading accounts with low minimum deposit requirements, award-winning platforms, a customizable interface, convenient withdrawals, and full-time customer support.
Broker | IQ Option |
Demo Account | Yes |
Minimum Deposit | $10 USD |
Leverage Up to | 1:500 |
Advanced Trading Platforms | Yes |
Islamic Account | Yes |
Open an Account | Click Here |
The minimum deposit required to open an IQ Option Account is $10 USD. IQ Option makes 2 live trading account types available, IQ Option Real and IQ Option VIP.
IQ Option Account | Real | VIP |
Minimum Deposit | $10 USD | Account available to clients that deposit significant amounts. |
Open an Account | Click Here | Click Here |
Pros | Cons |
Excellent Interface | Country Restrictions |
Easy and fast account opening | Inactivity Fee Charged |
Variety of Options | Derivates Only |
InstaForex has been operating in the forex industry for over 14+ years. InstaForex offers its clients access to over 300 instruments and leverage of up to 1:1000.
Account | Insta.Standard | Insta.Eurica | Cent.Standard | Cent.Eurica |
Minimum Deposit | $1 USD | $1 USD | $1 USD | $1 USD |
Max Deposit | Unlimited | Unlimited | $1000 USD | $1000 USD |
Spreads | 3 – 7 Pips | 0 Pips | 3 – 7 Pips | 0 Pips |
Fees | None | 0.03 – 0.07 % | None | 0.03 – 0.07 % |
Max Leverage | 1:1000 | 1:1000 | 1:1000 | 1:1000 |
Open an Account | Click Here | Click Here | Click Here | Click Here |
The minimum deposit required to open an InstaForex Account is $1 USD. InstaForex makes 4 account types available, Insta.Standard, Insta.Eurica, Cent.Standard and Cent.Eurica.
Account | Minimum Deposit | Open an Account |
Insta.Standard | $1 USD | Click Here |
Insta.Eurica | $1 USD | Click Here |
Cent.Standard | $1 USD | Click Here |
Cent.Eurica | $1 USD | Click Here |
Pros | Cons |
Low minimum deposit | Regulation in the offshore jurisdiction |
A wide selection of trading platforms | High commissions |
Strong educational program | Low diversity of available markets |
Wide selection of currency pairs | Mediocre Customer Support |
Oanda is a service provider with over 25 Years of experience in the financial markets. Oanda offers its services to both retail and corporate clients.
Broker | Oanda |
Min. Deposit | $0 USD |
Demo Account | Yes |
MetaTrader4 | Yes |
Stop Loss | Yes |
Open an Account | Click Here |
No minimum deposit amount is required to register an Oanda live trading account. Oanda provides 2 different live trading accounts, Corporate and Individual.
Pros | Cons |
Excellent trading platforms | Only FX and CFD available |
Great research tools | No stock exchange listing |
User-friendly | Customer support is not 24/7 |
XTB is one of the largest, stock exchange-listed FX & CFD brokers with more than 15 years of experience in the field. XTB has offices situated in 13+ countries across the globe and provides users with a proprietary trading platform plus dedicated customer support.
Broker | XTB |
Min. Deposit | 0 USD |
Inactivity Fee | $10 USD |
Demo Account | Yes |
Spreads from | 0.1 |
Commissions | Pro Account |
Sign Up Bonus | Yes |
Open an Account | Click Here |
No minimum deposit amount is required to register an XTB live trading account. XTB provides 2 different live trading accounts, Standard and Swap-Free.
Account | Standard | Swap-Free |
Min. Deposit | $0 USD | $0 USD |
Open an Account | Click Here | Click Here |
Pros | Cons |
Award winning platform | Poor email support |
Negative balance protection | Limited product portfolio |
Fast account opening | No Banking License |
IG is a leading online trading provider that offers traders access to opportunities across thousands of financial markets through intuitive platforms and apps.
Broker | IG Group |
Trading Fee Class | High |
Inactivity Fee | Yes |
Minimum Deposit | $140 USD |
Base currencies | 6 |
Demo Accounts | Yes |
Products Offered | ETF, Forex, Options |
Open an Account | Click Here |
No minimum deposit amount is required to register an IG live trading account. IG provides an International account option.
Pros | Cons |
Excellent Web-Trading Platform | High Forex and Stock CFD Fees |
Excellent Educational Tools | Limited Product Portfolio |
Great Deposit and Withdrawal options | Slow Customer Support |
CMC Markets is a global CFD and forex broker with its head office in London plus offices across the world’s leading financial centers like Frankfurt, Sydney, Singapore, and Toronto. CMC Markets is regulated by several global authorities, including the FCA.
Broker | CMC Markets |
Min. Deposit | $10 USD |
Inactivity Fee | Yes |
Demo Account | Yes |
Base Currency | 10 |
Open an Account | Click Here |
No minimum deposit amount is required in order to open a CMC Markets live trading account. CMC Markets makes 3 Live Account types available, Spread Betting, CFD, and Corporate accounts respectively.
Account | Spread Betting | CFD | Corporate |
Minimum Deposit | None | None | None |
Open an account | Click Here | Click Here | Click Here |
Pros | Cons |
Low forex fees | High stock CFD fees |
Great mobile platforms | Only CFDs available |
Advanced research tools | Customer support only 24/5 |
Axi is a trusted brokerage firm that caters to 60’000+ traders across 100+ countries. Axi offers Ultra-competitive pricing, unbeatable value, free education, and award-winning 24/5 customer service.
Broker | Axi |
Regulation | ASIC, DFSA, FCA, FSA |
Min Deposit | $0 USD |
Demo Account | Yes |
Islamic Account | Yes |
Spreads from | 0.0 Pips |
Commission | Yes |
Deposit Fee | No |
Inactivity Fee | No |
Withdrawal Fee | Third-Party |
Open an Account | Click Here |
The minimum deposit amount required to register an Axi live trading account ranges from $0 USD – $25’000 USD. Axi makes three live trading accounts available, the Standard account, Pro and Elite Accounts.
Axi Account | Standard | Pro | Elite |
Min Deposit | $0 USD | $0 USD | $25’000 USD |
Open an Account | Click Here | Click Here | Click Here |
Pros | Cons |
Low forex fees | Only forex and CFD trading |
No withdrawal/deposit fees | Limited research tools |
Easy Account Opening | 24/5 customer service |
ThinkMarkets is a premium multi-asset online brokerage that offers access to 4,000 products, low spreads across multiple markets, and an award-winning platform.
Broker | ThinkMarkets |
Minimum Deposit | $0 USD |
Demo Account | Yes |
Islamic Account | On Request |
Joint Account | On Request |
MetaTrader4 | Yes |
Live Support | Yes |
Commission | Variable |
Spreads from | 0 Pips |
Leverage | 500:1 |
Max Trade Size | 50 – 100 Lots |
Account Manager | Selected Accounts |
ThinkTrader®️ | Yes |
Open an Account | Click Here |
The minimum deposit required to open a ThinkMarkets Account is $0 USD. ThinkMarkets provide 4 different live trading account types, Standard, ThinkZero, Islamic and Joint.
Account Type | Minimum Deposit |
Standard Account | $0 USD |
ThinkZero | $500 USD |
Islamic Account | $0 USD |
Joint Account | $0 USD |
Open an Account | Click Here |
Pros | Cons |
Well-regulated | No US Clients |
Segregated client funds | Restricted leverage of 1:30 for EU clients |
The commission-free trading account offered | Fixed spread accounts not offered |
Now it is your turn to participate:
Traders need to understand and remember that CFDs are leveraged, complex products that may be accompanied by the risk of incurring losses that may exceed the initial deposit of the trader.
Traders need to ensure that they understand their risk exposure and they need to determine whether the risk involved is suited to them before making trading decisions that could result in loss of capital.
When choosing a Forex broker with a $10 minimum deposit, it is important to consider factors such as reputation, trading platform, customer support, trading conditions, and regulatory compliance. Additionally, it is essential to carefully review the broker’s terms and conditions to understand the fees and charges associated with trading.
The advantages of using a Forex broker with a $10 minimum deposit include the ability to start trading with a small amount of money, reduced risk, and the ability to test different trading strategies with minimal financial exposure.
The disadvantages of using a Forex broker with a $10 minimum deposit include limited trading options, potential for higher spreads, and the possibility of incurring fees for deposit and withdrawal transactions.
Yes, it is possible to make significant profits with a Forex broker with a $10 minimum deposit. However, it is important to understand that trading involves risks and profits cannot be guaranteed. It is also important to have realistic expectations and to practice sound risk management principles when trading. Traders should also be aware of the broker’s trading conditions, including the minimum lot size, leverage, and spread, as these factors can affect the profitability of trading.
Forex brokers with a $10 minimum deposit can be safe and reliable if they are regulated by a reputable regulatory authority, such as the Financial Conduct Authority (FCA) or the Cyprus Securities and Exchange Commission (CySEC). It is important to research the broker’s reputation and read reviews from other traders before opening an account.
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