Best No Minimum Deposit Forex Brokers 2026
Start trading with any amount. Compare regulated brokers with $0 minimum deposit.
Written by
Sarah Chen
Fact Checked by
James Anderson
Trading Without Minimums
A 'no minimum deposit' broker allows you to open a live trading account and start trading with as little capital as you choose—even just $1 or $10. This is ideal for beginners who want to test the waters with real money but without a significant financial commitment. While the broker may technically allow $0 deposits, payment processors (like credit cards) usually have transaction minimums around $1-$10.
Is there really no minimum deposit?
Yes, the brokers listed here allow you to open an account with $0 balance. However, you will need to deposit *something* to place a trade (to cover the margin). Payment methods may also have their own small transaction minimums (e.g., $1).
Getting Started
Minimums required to open an account.
| Broker | ||
|---|---|---|
| Exness | $0 | USD, EUR, GBP + 40 more |
| XM | $5 | USD, EUR, GBP |
| BlackBull Markets | $0 | USD, EUR, GBP, NZD |
| HFM | $0 | USD, EUR, GBP |
| OANDA | $0 | USD, EUR, GBP, CAD |
| IG | $0 (Bank Wire) | USD, EUR, GBP, AUD |
| Pepperstone | $0 | USD, GBP, EUR, AUD |
| CMC Markets | $0 | USD, EUR, GBP, etc. |
| FP Markets | $0 | USD, EUR, GBP, AUD |
| Fusion Markets | $0 | USD, AUD, EUR |
Detailed Broker Analysis
Trusted Global Leader
OANDA is a perfect choice for budget-conscious traders. They have no minimum deposit requirement, meaning you can open an account and fund it with whatever amount you are comfortable with. Their proprietary platform is intuitive and powerful.
Market Leader
IG generally has no minimum deposit for bank transfers, making it accessible if you are patient with funding times. For card payments, there is a threshold ($300). It's best for traders who want access to 17,000+ markets.
Best for Speed
Pepperstone recommends a $200 deposit to start effectively, but they do not enforce a strict minimum. You can deposit $10 if you wish. This flexibility, combined with raw spreads, makes them a top pick for scalpers.
Next Gen Platform
CMC Markets has removed minimum deposit requirements for their 'Next Generation' account. This allows you to access their massive range of 10,000+ instruments and professional-grade charting tools with any starting capital.
Instant Withdrawals
Exness is famous for its instant withdrawals and unlimited leverage. With a $0 minimum deposit requirement for its Standard account, it allows you to start trading immediately with whatever funds you have available.
Micro Account Leader
XM's micro account is perfect for small deposits. While the technical minimum is $5, it allows you to trade micro lots (1000 units), making it one of the best environments for testing strategies with real money.
Start with ECN
FP Markets allows you to open an account with $0, although they recommend $100. This flexibility gives you access to their top-tier ECN environment on MT4/MT5 without a hard barrier to entry.
Institutional Speed
BlackBull Markets brings institutional-grade execution to everyone with no minimum deposit for their Standard account. You get fast Equinix NY4 server execution speeds regardless of your account size.
Lowest Trading Costs
Fusion Markets lives by its mission to offer the lowest trading costs. With no minimum deposit and commission rates of just $2.25 per side, it is arguably the most cost-effective broker for small accounts.
Zero Spread Option
HFM (formerly HotForex) offers a 'Zero' spread account with no minimum deposit. This is a rare combination that allows you to access raw spreads from 0.0 pips without committing a large initial sum.
Frequently Asked Questions
Top No Minimum Deposit Forex Brokers
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January 2026