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Forex brokers with a low minimum deposit

Regulated brokers where you can open an account with €50 or less, sorted from lowest to highest minimum deposit.

Updated

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The ranking

  1. 1

    XTB

    Proprietary xStation platform and no minimum deposit

    CySEC

    EUR/USD cost
    €11.06
    Min. deposit
    None
    Platforms
    2
    Visit XTB

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    Read the review of XTB
  2. 2

    XM

    MetaTrader 4 and 5 with a US$5 minimum deposit

    CySEC

    EUR/USD cost
    €10.14
    Min. deposit
    €5
    Platforms
    4
    Visit XM

    Advertisement: we may receive a fee if you open an account through this link. This never changes our scores.

    Read the review of XM
  3. 3

    eToro

    Investing and trading on one platform, with CopyTrader

    CySEC

    EUR/USD cost
    €9.22
    Min. deposit
    €50
    Platforms
    2
    Visit eToro

    Advertisement: we may receive a fee if you open an account through this link. This never changes our scores.

    Read the review of eToro

Starting small: sensible, but no guarantee

A small first deposit limits how much you can lose while you learn. That is sensible. But a low entry threshold doesn't make trading less risky: with leverage, even a small amount can disappear quickly.

What to watch with a small account

  • Cost per trade: on small positions, fixed costs such as a minimum commission weigh relatively heavily.
  • Inactivity fees: if you leave a small account untouched, monthly fees can eat into your balance. Check after how many months they apply.
  • Withdrawal fees: some brokers charge for withdrawals below a minimum amount.
  • Currency: a euro account avoids conversion fees on deposits and withdrawals.

Practise with a demo account first and read how leverage works before depositing real money.

Frequently asked questions

Can I start forex trading with €50?

With the brokers in this list, yes. Bear in mind that leverage means you can lose that amount quickly, and inactivity fees can eat into a small balance.

Is a broker without a minimum deposit better?

Not necessarily. Also look at total cost per trade, inactivity and withdrawal fees, and the quality of the platform and support.