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Best brokers for low deposits

Working with a small stake? You want a low minimum that doesn't trap you behind wide spreads or dangerous leverage. Here's how to start small without getting fleeced.

The shortlist

Three picks, with the case for each

1
XM logo1× Tier-1est. 2009Limassol, Cyprus

A $5 minimum — the lowest on the board — with ASIC Tier-1 cover and tiered accounts, so a tiny stake still gets you a properly regulated home.

0.80 pip EUR/USD$5 minimum1:30 (retail) / up to 1:1000 (offshore)MT4, MT5Standard, Ultra Low, ZeroCySEC, ASIC, DFSA, IFSC
2
Exness logo1× Tier-1est. 2008Limassol, Cyprus

Opens from $10 with an FCA licence in the mix and a tight 0.7 pip spread, so your small deposit isn't punished by wide pricing.

0.70 pip EUR/USD$10 minimumup to 1:2000 (offshore)MT4, MT5, Exness TerminalStandard, Raw Spread, Zero, ProFCA, CySEC, FSCA, FSA
3
Pepperstone logo3× Tier-1est. 2010Melbourne, Australia

No minimum deposit at all, plus the strongest regulation and a 0.6 pip spread — the best value per dollar for anyone starting light but wanting quality.

0.60 pip EUR/USDNo minimum1:30 (retail, EU/UK)MT4, MT5, cTrader, TradingViewStandard, RazorFCA, ASIC, CySEC, BaFin, DFSA, CMA, SCB

Shortlists are drawn from publicly verifiable facts — licence tiers, quoted spreads, minimum deposits, platform support and account tiers. We may earn a commission when you open an account through a link on this page; it does not change which brokers make the list or the order they appear in.

Side by side

The three picks compared

BrokerEUR/USDMin. depositTier-1Max leveragePlatformsAccount tiersGo
1XM0.80 pips$51× T11:30 (retail) / up to 1:1000 (offshore)MT4, MT5Standard, Ultra Low, ZeroVisit →
2Exness0.70 pips$101× T1up to 1:2000 (offshore)MT4, MT5, Exness TerminalStandard, Raw Spread, Zero, ProVisit →
3Pepperstone0.60 pipsNone3× T11:30 (retail, EU/UK)MT4, MT5, cTrader, TradingViewStandard, RazorVisit →