Top 5 Forex Brokers With $1 Minimum Deposit

Forex trading can turn out to be an extremely effective way to earn money. However, if you are just a novice trader who doesn’t know much about trading, it’s strongly recommended that you start slowly: don’t invest all of your money in hopes of making a fortune. The chances are, you’ll just lose all your money and motivation to continue. That’s why it’s wise to choose brokers that allow you trade with a small deposit. In this article, we present you brief reviews of the top 5 Forex brokers with no limits on the size of your deposit.

Exness

One of the leading Forex brokers, Exness is widely known for its favorable trading conditions and an impressive range of available instruments, including cryptocurrencies. Trading on standard accounts requires just a $1 deposit, and you can use infinite leverage until you have $1,000 on the account: it’s a great opportunity to make serious profits without investing too much at once.

InstaForex

InstaForex is currently one of the most popular Forex brokers with $1 minimum deposit: it has about 7 million users worldwide. The broker is secure and well-regulated, and its trading conditions are pretty competitive. InstaForex features about 300 Forex instruments as well as CFDs, stocks, features and even some crypto tokens. It also has a zero spread account with instant transactions.

Admiral Markets

Founded in 2001, Admiral Markets is one of the oldest and most reputable brokers on the market. It’s favored by many novice traders for its extensive library of educational materials, pretty low fees, and a free demo account that can be used for practice. All in all, it’s one of the best choices if you just need a novice-friendly and reliable broker.

FxOpen

FxOpen is a prominent Forex broker mostly known for its advanced technological basis that allows the platform to keep order execution speed very high. The broker features about 50 Forex pairs and many other assets, including CFDs, indices, metals, and a variety of cryptocurrencies. It also has interesting passive income options that can help you earn more with less effort After the North American session ends on Friday at 5:00 pm EST (10:00 pm GMT), the market stops until Sunday’s Asian session. To maximise trading chances and avoid unexpected market movements due to news releases and other events, traders should know forex market open times in various time zones.

Forex4You

Another reputable Forex broker, Forex4You is especially popular among novice traders. It has special cent accounts which allow you to trade small lots with the 1:1000 leverage and quick order execution: these accounts are perfect for beginners or traders who want to test new trading strategies.