If you want to trade but your budget is only up to $10, don't get discouraged because these brokers accept deposits from $10.

It is a common misconception that you need to invest a lot of money in order to trade in forex. With the forex industry growing every day, there are always improvements to the system which allows more people to start trading more easily. Today, there are quite a few brokers offering a low minimum deposit in order to attract more clients who are unable to invest too much too soon. Below are some forex brokers which offer a minimum deposit of only $10.

forex brokers with 10 dollars minimum deposit

 

Exness

Founded in 2008, Exness is one of the most prominent retail brokers in the financial industry. Over the years, they have built a brand name for themselves by maintaining a client-focused approach and constantly upgrading their services to meet their growing demands. Exness offers a minimum deposit of $10 or below in some of their accounts, depending on your method of payment. There is no commission as Exness already charges spread. Currently, Exness maintains a monthly trading volume in the hundreds of billions of dollars and has over a hundred thousand active clients trading on their platform every day.

Spread
Variable and Fixed
Regulation
CySEC, 178/12
Min Deposit
$1
Established
2008

Trading contests
Free education
PAMM accounts
LAMM accounts
Segregated accounts
Affiliate program
Islamic accounts available
Payment
Bitcoin
Credit/debit cards
Neteller
Perfect Money
Skrill
Tether (USDT)
WebMoney
Wire transfer

The choice of broker is adjusted to the needs of each trader. If you are a trader who only needs a basic platform and trading features with the best attributes, then Exness can be your best choice.

Exness covers its lack of feature variations with other advantages like low spreads starting from only 0.1 pip. This is very suitable for traders who use scalping strategies (Scalper). Spreads on major pairs in certain account types can also be as low as 0.0 pip, depending on market conditions.

Not only that, but traders can also enjoy other advantages such as an automatic fund withdrawal system. If a trader withdraws funds through the e-Payment facility provided by Exness, the processing time is instant and goes straight into the account. This means that when traders make a withdrawal, everything happens automatically without human intervention.

The safety of traders' funds is also guaranteed as Exness is one of the European-based STP/ECN brokers. Exness's ability to become an official partner of the Real Madrid soccer team for 3 years, starting July 2017, also provides evidence that the company has high solidity.

Deposits and withdrawals may be made 24 hours a day, 7 days a week. However, it is important to note that the company shall not be liable for delays in processing deposits and withdrawals if such delays are caused by the payment system.

Traders do not need to worry about transaction fees when depositing and withdrawing. When trading on Exness, transaction fees are not charged to traders. A variety of payment methods are provided for traders, including Wire Transfer, Bank Card, Neteller, Skrill, and many others.

All information displayed on the Exness website is tested and proven. Their business is audited quarterly by Deloitte, which is an audit company for financial services.

Moreover, Exness is one of the mote transparent brokers in the online trading industry. Traders can find out all information about this company on the website, such as trading volume, number of active clients, client deposits, company funds, and many more.

The platforms provided by Exness vary in MetaTrader 4, MetaTrader 5, Web, and Mobile platforms. This makes it easy for traders when trading on Exness, as they can also access Exness platforms anywhere and anytime.

Over the years, Exness has developed into a broker that attracts traders. Trader's trust is further enhanced by its compliance with financial regulations like the FCA and CySEC.

One measure of client confidence can be put on the trading volume. By December 2018, their clients' monthly trading volume reached USD348.4 billion and active traders around the world surpassed 50,342.

Through the program offered by Exness, traders also have the opportunity to earn extra income by becoming their partners. From the Introducing Broker (IB) program, partners can earn up to 33% spread commission from every new client that registers with them.

Additional income can also be obtained from Exness Partners. Traders can get a spread commission of up to 25% per transaction made by traders who register through an affiliate link.

When trading with Exness, profit opportunities generated by traders also increase with VPS hosting services. This feature helps to maintain trading activities to progress smoothly and without interruption in the event of unexpected troubles such as lost internet connection or electricity problems that shut down traders' PCs unanticipatedly.

From the review above, it can be concluded that Exness is a favorite broker for traders because of low spreads and flexible account types. This condition is very suitable for traders with limited funds but is in need of more opportunities to get maximum profit. This broker is also well known for its maximum support on both new and existing partners.

 

FXTM

FXTM, also known as ForexTime, was founded in 2011 and is one of the oldest brokers in the forex industry. It is widely known for its minimum deposit requirement of $10, which is one of the lowest in the industry. The broker is considered to be one of the safest brokers in the industry due to being regulated by some of the top-tier financial regulatory bodies such as the Financial Conduct Authority (FCA). It is also able to offer a lot more financial assets for trading than the average broker.

Spread
Variable and Fixed
Regulation
CySEC, 185/12
Min Deposit
$10
Established
2011

Bonus offers
Trading contests
Free education
Personal manager
Trading by telephone
Segregated accounts
Affiliate program
Islamic accounts available
Payment
Bitcoin
Credit/debit cards
DIXIPAY
FasaPay
Google Pay
Neteller
Perfect Money
QIWI
Skrill
UnionPay
WebMoney
Wire transfer
YooMoney

FXCM (Forex Capital Markets) is a brand name of a retail broker for trading on the financial market, especially the foreign exchange market. The broker was founded in 1999 and was originally headquartered in the United States. After a series of lawsuits from customers and case settlements by the US regulator (CFTC), FXCM moved from the US and became a UK-based broker, authorized and regulated by the Financial Conduct Authority (registration number 217689).

During 20 years of experience in the forex industry, there are about 2 million traders choosing Alpari as the broker to trade with. Alpari has a head office on the 5th Floor, 355 NEX Tower, Rue du Savoir, Cybercity, Ebene 72201, Mauritius. The company is regulated in St.Vincent and the Grenadines (the licensed number is 20389 IBC 2012), IFSC Belize (the licensed number is IFSC/60/301/TS/18).

This broker uses MetaTrader 4 and MetaTrader 5, both of which offer great flexibility, charting tools, and an easy-to-use interface. For higher volumes, the company also provides the Alpari International Direct platform which offers enhanced features for advanced investors.

The company offers an array of live trading accounts to choose from. Each one offers different opportunities and allows traders to trade in different ways. All of their accounts use USD, EUR, GBP, and NGN as the options for base currency. But, NGN accounts are only available to clients in Nigeria.

Each kind of account has a different spread. At Standard Account provides spreads from 1.2, the spread of Micro Accounts is from 1.7, and ECN Account and Pro Account have spread from 0.4. A trader can open an account in Alpari and opt to trade currencies (FX majors, FX minors, FX exotics, and FX RUB), spot metals, spot commodities, stock trading, spot indices, and crypto-currencies.

A trader can find out what the minimum spreads, pip value, swaps, and trading session times are for each instrument before start trading. If the trader is still not sure where to begin, they can found the answer in a guide provided by Alpari on their official website.

Their guide to trading is designed to break down the terminologies and answer the most frequently asked questions by traders. A trader will be trading more quickly and with more confidence in no time.

Besides, Alpari offers PAMM (Percent Allocation Management Module) which allows a trader to choose their desirable Account Manager. This allows traders to have a chance in gaining more profit without advanced knowledge of forex trading. These managers usually have a wealth of experience in the markets, with tried-and-tested strategic trading decisions.

This program also gives opportunities for well-seasoned traders to become Strategy Managers. As Strategy Managers, they can use their trading experience and earn more from profitable trades. They have privileged access to Alpari's advanced programs and all the tools they need to cultivate a massive following of investors. The investors then will help Strategy Managers to earn more through commission fees up to 40%.

Their website also provides various Forex Trading Strategies. Because to increase the chance to profit, it's important to know as much about the markets and the trading strategies behind them as possible. Alpari believes that strategies provide traders with a roadmap for trading, reducing panicked decision-making that can occur in the heat of the moment. In other words, trading in Alpari allows traders to learn about any kind of forex trading strategy.

For educational purposes, the company provides Trading Webinars, one of the variants of technology that allows users to hold seminars, talk shows, and discussions online, without having to communicate face to face.

Alpari creates a very convenient funding and withdrawal experience for each trader. A trader can transfer with any kind of methods, such as e-payment (example: FasaPay, Local Transfer, TC Payment, etc), credit cards (Visa, Mastercard, and Maestro), E-Wallet (Neteller, Skrill, VLOAD, TC Pay Wallet, WebMoney, Perfectmoney, Bitcoin), and bank transfer. If there's been no trading activity on the trader account for at least 6 months, an inactivity fee of 5 EUR/USD/GBP will be applied.

All Back office transfers are processed during standard business hours, 03:00-19:00 GMT+2 (GMT+3 during DST), Monday-Friday. If traders still feel confused, they can contact Alpari's team by any method, such as Live Chat, Telegram, or email.

 

FXOpen

FXOpen was founded in 2003 by a group of people who were forex traders themselves. They founded this brokerage service as a natural next step in their career in the forex industry. They wanted to create a platform where they could constantly bring new features to the forex space while also listening to their clients' remarks and taking them into account as well.

FXOpen currently offers two accounts that require a minimum deposit of $10; the Standard STP Account and the Crypto Account. The STP account is an average forex account with no special features. With this account, you will have access to 50 currency pairs which is hardly half of what is offered by other brokers. Meanwhile, the Crypto Account is focused on cryptocurrencies for trading.

Website
fxopen.com
Spread
Variable
Regulation
ASIC, 412871
Min Deposit
$1
Established
2003

Bonus offers
Trading contests
PAMM accounts
Managed accounts
Affiliate program
Islamic accounts available
Payment
Apple Pay
Bitcoin
Bitcoin Cash
CashU
Credit/debit cards
DIXIPAY
Ethereum
FasaPay
IntellectMoney
Liqpay
Litecoin
Local bank transfer
Neteller
Payza
QIWI
RBK Money
Skrill
Tether (USDT)
UnionPay
WebMoney
Wire transfer
YooMoney

FXOpen started its operation as an online trading provider for retail clients since 2005. The company was founded by a group of traders with a mission to provide services that refer to the interests of traders. FXOpen claimed to be one of the firsts to offer ECN trading via MetaTrader 4 (MT4). With FXOpen's unique proprietary price aggregating technology, their clients can benefit from the industry's most competitive spreads (from 0 pips) and low trading commissions.

In 2006, FXOpen also became the first broker to offer a micro account and a swap-free account. After that, they continue to be the pioneers of several new and high-tech services, including the first Crypto account that can provide trading facilities on 24 Cryptocurrency pairs such as Bitcoin, Litecoin, and Ethereum.

Furthermore, the company provides One Click Trading and Level 2 MT4 plug-ins, enabling traders to place trades with just one click of the mouse. Traders do not need to worry about trading security at FXOpen. They have registered in Nevis, the UK FCA, and ASIC Australia.

A variety of trading accounts are provided such as STP, Micro, ECN, and free unlimited demo accounts. The minimum deposit for each account depends on the account type; USD1 in Micro Account, USD10 in STP and Crypto Accounts, and USD100 in ECN Accounts. As for leverage, FXOpen offers up to 1:3 (for Crypto Accounts), and up to 1:500 (for Micro, STP, and ECN Accounts).

Besides, traders can enhance their trading capabilities with Myfxbook and Zulutrade automated trading systems. Both of these services allow anyone to copy the transactions of experienced traders. Thus, traders can replicate the results of professional traders' strategies.

The FXOpen PAMM Service allows copying trades from a Master account to one or more than one Follower account and automates the distribution of profits and losses. The Master operates personal capital through a PAMM account, and his trading strategy is replicated to the Follower's capital. The owner of the Follower account can view and analyze the performance of the PAMM account with the help of advanced analytics. There are 3 PAMM accounts in FXOpen, namely STP, ECN, and Crypto PAMM.

On ECN accounts, traders will get direct price quotes from leading liquidity providers, including Dresdner, SG Paris, Standard Chartered, Barclays Capital, Bank of America, CRNX, JP Morgan, Morgan Stanley, Deutsche Bank AG, RBS, CITI, and UBS. This is one of the reasons why FXOpen's ECN account has become a trader favorite.

After seeing the various advantages offered by FXOpen, traders can easily register an account, simply by filling out the form in the registration menu on the FXOpen website. Traders will be asked to verify documents in advance if the trader will make a deposit or withdrawal of funds. Based on traders' experience and information since FXOpen was founded, there have not been any major complaints about payments (depositing or withdrawing funds) from clients.

Once registered with the FXOpen broker, traders also have the opportunity to get other benefits. One example is the FXOpen cashback program for the first 90 days from registration as a new client. The minimum cashback is USD5 and the maximum is USD1,000.

Furthermore, free VPS is available for ECN, STP, and Crypto account holders. Traders can use FXOpen VPS without any fees for 1 month if they can maintain equity of USD5,000 at the end of the month or trade with a trading volume of USD10,000,000 per month. The advantages of VPS on FXOpen are excellent accessibility, flexibility, and speed.

Trading on FXOpen is made easier because traders can add insight into trading by entering contests. FXOpen Broker offers weekly and monthly trading contests on demo accounts through the ForexCup.com site. Traders can join competitions that are free of charge to hone their skills. If a trader wants a bigger challenge, there is also a trading contest on a real account.

The company also offers Forex partnership programs to traders, Forex brokers, and website owners who publish information about fiat and crypto-currency trading. There are 3 types of partnership levels, including Forex IB (Forex Agent) that attracts new clients to FXOpen using a referral (affiliate) link, Forex Rebate, and individual partnership conditions.

In Conclusion, FXOpen is a well-rounded forex brokerage for traders with a desire to try various trading instruments, a trading environment in ECN account, low minimum deposits, the best cryptocurrency trading condition, as well as interesting trading features like PAMM and demo contests.

 

RoboForex

Founded in 2009, RoboForex has built a brand name for itself over the years. Therefore, RoboForex is still a broker that is trusted by most professional traders despite being an offshore company. RoboForex offers various account types with the $10 minimum deposit being available in most of them. Each account is unique in its own way, giving potential clients with low starting budgets a good selection of accounts to choose from.

Spread
Variable and Fixed
Regulation
IFSC (Belize), 000138/333
Min Deposit
$10
Established
2009

Interest rate on funds
Bonus offers
Trading contests
MAM accounts
Affiliate program
Islamic accounts available
Payment
AdvCash
AstroPay
Boleto Bancário
Credit/debit cards
Local bank transfer
Neteller
Perfect Money
Skrill
UnionPay
Western Union

Well-known as one of the most committed brokers in trading technology advancements, RoboForex reaches out to a wide range of traders, from beginners to the more experienced ones who seek sophisticated trading environments with ECN-like spread and execution. The company is established in 2009 and holds a head office in Belize. Registered under the IFSC Belize, RoboForex manages to attract clients with fantastic leverage as high as 1:2000.

As for the service for European-based traders, RoboForex specifically operates a different brand called RoboMarkets that is still a member of the head company (Robo Holding Company) and has an office in Cyprus. The operation is licensed under Cyprus Securities and Exchange Commission (CySEC).

Following its commitment to be the forefront in terms of a high technology forex broker, RoboForex provides various trading platform choices including MetaTrader 4, MetaTrader 5, cTrader, Social Platform, and its proprietary platform.

Trading instruments range from Currencies to Metals, Indices, Energies, Stocks, ETFs, and Cryptocurrencies. Aside from basic service, trading in RoboForex also presents a collection of distinctive features such as the PAMM system and Social Trading network developed with their own brand of CopyFX, ETFs, and stocks that reaches up to thousands as the available trading assets, tight spreads, and payment method via Bitcoin and Ethereum.

RoboForex also accepts payment through a surprising online gateway besides wire transfer and credit card. The alternative methods are Skrill, Neteller, FasaPay, UnionPay, WebMoney, Perfect Money, Qiwi, and other similar online payments.

After opening an account, traders can start with a minimum deposit as low as $10 in Pro Accounts. To specify, here is a short description of each type of accounts that traders can choose from in RoboForex:

Pro-Standard

  • Minimum Deposit: $10
  • Spread: from 1.3 points
  • Minimum order volume: 0.01
  • Leverage: up to 1:2000

ECN-Pro

  • Minimum Deposit: $10
  • Spread: from 0 points
  • Minimum order volume: 0.01
  • Leverage: up to 1:300

Prime

  • Minimum Deposit: $5,000
  • Spread: from 0 points
  • Minimum order volume: 0.01
  • Leverage: up to 1:100

Pro-Cent

  • Minimum Deposit: $10
  • Spread: from 1.3 points
  • Minimum order volume: 0.1
  • Leverage: up to 1:2000

R Trader

  • Minimum Deposit: $100
  • Spread: from $0.01
  • Minimum order volume: 1 stock
  • Leverage: up to 1:200 (during the trading session) and up to 1:4 (after the trading session)

The R Trader account signifies RoboForex's attempt to distinguish forex and stock trading condition. It appears that the platform used in that particular account is RoboForex's in-house product that is specifically designed for stock online trading.

The overall description above depicts RoboForex as a distinguished broker despite its status as an offshore-regulated entity. Not only successful in providing various trading technology, but RoboForex also focuses on stock trading for more conservative traders. However, it is also important to note that RoboForex is one of the few brokers that boldly offer an extremely high perimeter of leverage at 1:2000.

 

NordFX

NordFX was founded in 2008 and is an international broker offering market access to forex, cryptocurrencies, stocks, indices, and commodities. They have won numerous rewards in the financial industry due to their competence and due diligence to provide the best experience for clients. NordFX offers a minimum deposit of $10 in one of their account type. With this account, traders will have access to 28 financial assets, which is ideal for beginners as they won't get overwhelmed with too many assets.

Website
nordfx.com
Spread
Fixed and Variable
Regulation
Vanuatu Financial Services Commission, 15008
Min Deposit
$10
Established
2008

Free education
Personal manager
Trading by telephone
PAMM accounts
Managed accounts
Affiliate program
Islamic accounts available
Payment
Credit/debit cards
Dragonpay
Neteller
Perfect Money
Skrill
WebMoney
Wire transfer

NordFX is known as an online Forex and CFD broker company operating in Vanuatu. Following the norm of forex brokers in the country, NordFX is registered under the Vanuatu Financial Services Commission (VFSC). Although not as popular as Cyprus as an offshore destination, Vanuatu still serves as one of the main offshore jurisdictions for retail online brokers.

One of the main advantages of opening a trading account in NordFX is the simplicity in trading registration and flexibility in trading conditions. Those characteristics somehow offset the negative sides of offshore brokers that concern the majority of traders with big deposits.

As for NordFX, the maximum leverage offered reaches up to 1:1000, allowing traders to dream big with small capitals (but high-disciplined trading rule and psychology). The available instruments vary from tens of forex pairs, commodity-based CFDs, and index-based CFDs. This allows traders to get involved in not only currency markets but also stock indices, precious metals, and oil markets.

Compared to other forex brokers with a similar level of credibility, NordFX is quite generous in its spread policy. The Pro and Zero accounts are equipped with spreads starting from 0.9 pips and 0.0 pip respectively. Yet, the Fix account is presented with 2 pips spread, which is quite ironic since the account is the most suitable for small traders with a minimum deposit starting only from $10.

Here are the basic specifications for each account types in NordFX:

Fix Account

  • Minimum deposit: $10
  • Spread: from 2 pips
  • Leverage: up to 1:1000
  • Account Balance: in USD, ETH, and BTC
  • Quote precision: 4 digits
  • Commission: None

Pro Account

  • Minimum deposit: $250
  • Spread: from 0.9 pips
  • Leverage: up to 1:1000
  • Account Balance: in USD, ETH, and BTC
  • Quote precision: 5 digits
  • Commission: None

Zero Account

  • Minimum deposit: $500
  • Spread: from 0.0 pips
  • Leverage: up to 1:1000
  • Account Balance: in USD, ETH, and BTC
  • Quote precision: 4 digits
  • Commission: 0.0035% per trade (each side)

For platform choices, trading in NordFX allows the use of both MetaTrader 4 and MetaTrader 5; all available for desktop and mobile interfaces. It signifies the broker's initiative to keep up with current trends as MetaTrader 5 is starting to gain followers, while MetaTrader 4 is kept to facilitate its faithful users. Both have a tremendous selection of Expert Advisors, custom indicators, as well as Strategy Providers in their built-in mirror trading feature.

NordFX accepts payment from nearly all of the popular online methods among retail traders around the globe. Hence, it’s not surprising to see it offering traders a wide range of payment methods that include Bank Transfer, Visa, MasterCard, WebMoney, Skrill, Neteller, Perfect Money, Qiwi, and many others. However, NordFX hasn't accepted payments via cryptocurrency wallets even though the broker is starting to promote the digital asset as its latest recommended trading instrument.

To conclude, NordFX may hold the unavoidable impression of being an offshore forex broker. However, it is still highly competitive and considered ideal as traders' preferred choice for a broker with zero spread conditions and flexible leverage. Since the loose trading condition usually goes hand in hand with a high-risk trading environment, it is also important to implement cautious measurements on all front when calculating money management and risk management in NordFX.

 

Tifia

Tifia is a global financial broker with headquarters in the United States. Founded in 2011, they are among the oldest brokers in the industry. However, they are unfortunately not regulated by any top-tier bodies. This creates a trust barrier between the broker and any potential clients that may have wanted to invest with them. Tifia offers a minimum deposit of $10 on their starter account type. This is a mini version of their regular account which you can open with a minimum deposit of $100. With the starter account, you only have access to three base currencies; USD, EUR, and NGN. This gives you access to a total of 28 forex assets and 2 metals.

Website
tifia.com
Spread
Fixed
Regulation
FSC (Mauritius), GB19024824
Min Deposit
$10
Established
2011

Bonus offers
Trading contests
Personal manager
PAMM accounts
MAM accounts
Segregated accounts
Managed accounts
Affiliate program
Islamic accounts available
Payment
Bitcoin
Credit/debit cards
FasaPay
Neteller
Perfect Money
Skrill
Wire transfer

 

PaxForex

PaxForex is an offshore broker that was founded in 2010 and is owned by Laino Group Limited. It is available in almost all countries but it focuses its attention on the Asian market, especially China and Japan. One of the unique features of PaxForex is the minimum deposit option of $10. This is to meet the income bracket of the potential Asian clients. They also translated their website into various different languages and offer live chat support in multiple languages to attract customers from all over the world. This tactic has been proven to be a success thus far.

Website
paxforex.org
Spread
Variable and Fixed
Regulation
-
Min Deposit
$10
Established
2010

Bonus offers
Trading contests
Free education
Personal manager
Trading by telephone
Segregated accounts
Managed accounts
Affiliate program
Islamic accounts available
Payment
Bitcoin
Credit/debit cards
Ethereum
FasaPay
Neteller
Perfect Money
QIWI
Skrill
UnionPay
WebMoney
Wire transfer

Founded in 2011, PaxForex offers online trading services to forex retail traders. The company is registered in St. Vincent and the Grenadines, a well-known offshore jurisdiction for CFD brokers with the intention of providing the most flexible trading environment for all types of traders. However, the broker is yet to be licensed as a financial service provider by the Financial Services Authority of St. Vincent and the Grenadines.

PaxForex embraces traders from all over the world, including the USA; an extremely unique decision as offshore-based forex brokers rarely allow traders from the US to register under their service. The trading instruments offered include Forex pairs (majors, crosses, exotics), Spot Metals, Shares, and Cryptocurrencies. The trading condition details for each asset are displayed thoroughly on PaxForex's official website, so anyone can attest to their products with no significant difficulties.

The account types are specifically designed to suit several types of traders with the following conditions:

Cent Account

  • Minimum Deposit: $10
  • Minimum Spread: from 2.4 pips
  • Shares: No
  • Priority Execution: No
  • Minimum lot size: 0.0001

Mini Account

  • Minimum Deposit: $100
  • Minimum Spread: from 1.4 pips
  • Shares: No
  • Priority Execution: No
  • Minimum lot size: 0.01

Standard Account

  • Minimum Deposit: $2000
  • Minimum Spread: from 0.4 pips
  • Shares: Yes
  • Priority Execution: No
  • Minimum lot size: 0.1

VIP Account

  • Minimum Deposit: $10,000
  • Minimum Spread: from 0.4 pips
  • Shares: Yes
  • Priority Execution: Yes
  • Minimum lot size: 0.01

From the specified details above, it is quite easy to see that traders with a small amount of capital and have low-risk tolerance would fit the Cent Account perfectly. Aside from the low minimum deposit, the account applies a minimum trade size as low as 0.0001, so traders can trade with only $0.001 pips value.

Meanwhile, Mini Account is the meeting ground between small capital traders and the need for low spread. This is because the spread given in Cent Account is not competitive for retail brokers' standards. For the more experienced traders who are finally ready to step up their game, Standard Account provides an even lower spread and the option to trade Shares. On the other hand, the high requirement of deposit amounts in VIP Account signifies that it is not for everyone.

There is nothing groundbreaking in terms of trading technology since trading in PaxForex serves traders with the choice of only using MetaTrader 4 as the main platform. The broker may upgrade their platform list by adding MetaTrader 5, as MetaQuotes itself confirm that the operation of MT4 would eventually cease in the future.

What PaxForex lack in the trading platform, they cover it with their commitment to providing traders with convenient payment methods, both for deposit and withdrawal purposes. In addition to bank transfer and credit cards, PaxForex enlists Neteller, WebMoney, FasaPay, Perfect Money, and Qiwi to complete the options of payment methods. Beyond the usual e-payments, this broker also manages to add Bitcoin and Ethereum as alternatives.

In terms of trading education, PaxForex creates the study resources in various forms of media, including written articles, infographics, as well as video tutorials. The analysis is also provided with two divisions of concepts, mainly by their focus on in-depth fundamental and critical technical contents.

All in all, PaxForex is an adequate choice for retail trading in the forex market with a minimum deposit and lot size. Their resourceful contents are also proved unique and insightful for traders with a high interest in continually expanding their knowledge.

 

TenkoFX

TenkoFX was founded in 2011 and is a forex broker that is focused on their clients' satisfaction. They claim to be always improving their services in order to meet the growing demand of the forex industry. TenkoFX offers a minimum deposit of $10 and three base currencies; USD, EUR, and RUB. The one drawback with this account is that they charge a $10 fee for every month of inactivity. Although there seem to be some restrictions, it is still a bargain if you look at the 'price tag' of $10.

Website
tenkofx.com
Spread
Variable and Fixed
Regulation
IFSC (Belize), IFSC/60/349/TS/15
Min Deposit
$10
Established
2011

Free education
Personal manager
PAMM accounts
Affiliate program
Islamic accounts available
Payment
AdvCash
Bitcoin
Bitcoin Cash
Credit/debit cards
Ethereum
FasaPay
Litecoin
Perfect Money
QIWI
Tether (USDT)
UnionPay
Wire transfer

 

Grand Capital

Grand Capital was founded in 2006 and claims to be based on three main principles; trust, quality, and reliability. They offer CFDs and cryptocurrencies along with their forex side of the business. This is done mainly to attract more clients and to meet the growing demands of existing ones. Grand Capital offers a minimum deposit of $10 for their micro account. If you're new to forex, starting with just $10 is a safe choice to make. With this account, traders have access to 66 financial assets in total for trading. This makes it easier for beginners to choose the right assets for them.

Spread
Fixed and Variable
Regulation
FFMS, 1204
Min Deposit
$10
Established
2006

Bonus offers
Trading contests
Free education
LAMM accounts
Segregated accounts
Affiliate program
Islamic accounts available
US traders are welcome
Payment
AdvCash
AstroPay
Bitcoin
Credit/debit cards
Ethereum
FasaPay
Local bank transfer
MoneyGram
Neteller
Payza
Perfect Money
Ripple
Skrill
Tether (USDT)
WebMoney
Western Union
Wire transfer

 

Trading 212

Trading 212 was founded in 2006 and is a top-tier financial broker that is regulated by the Financial Conduct Authority (FCA) and other regulatory bodies. They have headquarters in London and are accessible from almost all countries. Trading 212 offers only a single trading account that has a minimum deposit of $10. This account has all the basic features offered by most forex brokers. They also don't have an inactivity fee which is a huge plus point in attracting clients who are seasonal traders.

Spread
Fixed
Regulation
CySEC, 398/21
Min Deposit
$10
Established
2006

Segregated accounts
Payment
Apple Pay
Credit/debit cards
Google Pay
Neteller
PayPal
Skrill
Wire transfer

 

Apart from brokers with $10 minimum deposits, there are also some choices that allow deposits even lower than that. Find the shortlist in the Lowest Deposit Forex Brokers.