4 Solid Forex Brokers with Low Minimum Deposits Selected by WikiFX

Low Minimum Deposits brokers.

Low deposit forex brokers are helpful for newbies as they can facilitate quick access to the financial market. However, you will find many brokers that require thousands of dollars to open a forex account. Those brokers are suitable for wealthy investors. Brokers with low minimum deposits are mostly suitable for newbies, as well as for large-SCA leaders. Despite this, forex brokers with a low minimum deposit will give you the same opportunities as those with big deposits. It is also possible to find forex brokers with no minimum deposit too. Therefore, you may also start trading by depositing as low as $1. But you should not jump to any broker you find with a low deposit as there are a lot of scam brokers in the market. Select the best brokers with low minimum deposits instead.

Below are 4 solid forex brokers with low minimum deposits selected by WikiFX.

XM

Founded in 2009, XM has grown to become a globally recognized broker with over 600 professionals who have been working in the financial sector for many years, serving over 5,000,000 clients from 196 countries and regions.

To meet different traders' trading experiences and needs, XM has set up four different account types: Micro (minimum deposit of $5), Standard (minimum deposit of $5)

AVATRADE

AvaTrade was established in 2006 in Dublin, the capital of Ireland, co-founded by professionals in the financial field and experts in the e-commerce field.

The minimum deposit to open an account is $100, which seems affordable for most regular traders.

FP Markets

FP Markets provides investors with a variety of mainstream and popular tradable instruments on the global financial market, including Forex trading (more than 70 currency pairs can be traded), Stocks trading (tradable stocks across four continents around the world, more than 10,000 stocks), Precious Metals trading, Commodity trading, indices CFD trading, and Cryptocurrency

Two forex account types are available on the FP Markets platform: the Standard and the Raw. The minimum deposit amount for both Standard and ECN accounts is acceptable at 100$.

HYCM

HYCM (UK) is based in London, UK, to provide investors with trading services in energy, metals, agricultural commodities, and indices. HYCM (UK)'s equity products are traded as CFDs. The main index products are A50, Dow Jones, Global Stock Index, Hang Seng Index, and CSI 300 Index.

The MT4 micro account of this broker offers a minimum deposit of ￥100.