ForexLicenses

Regulated Brokers With Low Minimum Deposits (US$100 or Less)

Tier-1 or tier-2 regulated brokers advertising a minimum deposit of US$100 or less on their standard account. Minimums vary by entity and payment method.

Broker Licences on record Licence Score Actions
1 I IG Spread betting & CFD provider, since 1974 ASICBaFinCFTC / NFAFCAFINMAJFSA+5 93Very strong Licences Visit site
2 P Plus500 Forex & CFD broker, since 2008 ASICCFTC / NFAFCAMASCySECDFSA+4 92Very strong Licences Visit site
3 CM CMC Markets Spread betting & CFD provider, since 1989 ASICBaFinCIROFCAMASFMA (NZ) 86Very strong Licences Visit site
4 FC FOREX.com Forex & CFD broker, since 2001 ASICCFTC / NFACIROFCAJFSAMAS+1 86Very strong Licences Visit site
5 S Saxo Trading bank, since 1992 ASICFCAFINMAJFSAMASSFC+2 84Very strong Licences Visit site
6 A AvaTrade Forex & CFD broker, since 2006 ASICCBIJFSAFSCAFSRA (ADGM)ISA+3 83Very strong Licences Visit site
7 IB Interactive Brokers Multi-asset broker, since 1978 ASICCBICFTC / NFACIROFCAJFSA+2 83Very strong Licences Visit site
8 O OANDA Forex & CFD broker, since 1996 ASICCFTC / NFACIROFCAJFSAMAS+2 82Very strong Licences Visit site
9 MG MultiBank Group Forex & CFD broker, since 2005 ASICBaFinMASCySECFMA (NZ)CIMA+1 80Very strong Licences Visit site
10 A Admirals Forex & CFD broker, since 2001 ASICFCACySECEFSAFSCACMA (Kenya)+2 78Strong Licences Visit site
11 P Pepperstone Forex & CFD broker, since 2010 ASICBaFinFCACySECDFSACMA (Kenya)+1 78Strong Licences Visit site
12 T ThinkMarkets Forex & CFD broker, since 2010 ASICFCAJFSACySECFSCACIMA 77Strong Licences Visit site
13 X XTB Multi-asset broker, since 2002 FCACySECDFSAFSCAKNFFSC (Belize) 75Strong Licences Visit site
14 E eToro Multi-asset broker, since 2007 ASICFCACySECFSA (Seychelles) 74Strong Licences Visit site
15 CI City Index Spread betting & CFD provider, since 1983 ASICFCAMAS 72Strong Licences Visit site
16 F FXCM Forex & CFD broker, since 1999 ASICFCACySECFSCA 72Strong Licences Visit site
17 T2 Trading 212 Multi-asset broker, since 2004 ASICFCACySECFSC (BG) 72Strong Licences Visit site
18 A Axi Forex & CFD broker, since 2007 ASICFCADFSAFMA (NZ) 71Strong Licences Visit site
19 F Fortrade Forex & CFD broker, since 2013 ASICCIROFCACySEC 71Strong Licences Visit site
20 H HFM Forex & CFD broker, since 2010 FCACySECDFSAFSCACMA (Kenya)FSC (MU)+1 70Strong Licences Visit site
21 X XM Forex & CFD broker, since 2009 ASICCySECDFSAFSCACMA (Kenya)FSA (Seychelles)+1 70Strong Licences Visit site
22 D Dukascopy Trading bank, since 2004 FINMAJFSABank of Latvia 69Strong Licences Visit site
23 E Eightcap Forex & CFD broker, since 2009 ASICFCACySECSCBFSA (Seychelles) 69Strong Licences Visit site
24 FM FP Markets Forex & CFD broker, since 2005 ASICCySECFSCACMA (Kenya)FSC (MU)FSA (Seychelles) 69Strong Licences Visit site
25 F FXOpen Forex & CFD broker, since 2005 ASICFCACySEC 69Strong Licences Visit site
26 V Vantage Forex & CFD broker, since 2009 ASICFCAFSCACIMAVFSC 69Strong Licences Visit site
27 E Exness Forex & CFD broker, since 2008 FCACySECFSCACMA (Kenya)FSC (MU)JSC+3 68Strong Licences Visit site
28 F FxPro Forex & CFD broker, since 2006 FCACySECFSCASCBFSA (Seychelles) 68Strong Licences Visit site
29 CC Capital.com Forex & CFD broker, since 2016 ASICFCACySECCMA (Kenya)SCBFSA (Seychelles) 67Strong Licences Visit site
30 H HYCM Forex & CFD broker, since 1977 FCACySECDFSACIMA 67Strong Licences Visit site
31 HM Hantec Markets Forex & CFD broker, since 1990 ASICFCAFSC (MU) 67Strong Licences Visit site
32 T Tickmill Forex & CFD broker, since 2014 FCACySECDFSAFSCALabuan FSAFSA (Seychelles) 67Strong Licences Visit site
33 TN Trade Nation Spread betting & CFD provider, since 2014 ASICFCAFSCASCBFSA (Seychelles) 67Strong Licences Visit site
34 A ATFX Forex & CFD broker, since 2014 FCACySECFSCASCAFSC (MU) 66Strong Licences Visit site
35 MC Markets.com Forex & CFD broker, since 2008 FCACySECFSCABVI FSC 66Strong Licences Visit site
36 CS Charles Schwab Multi-asset broker, since 1971 CFTC / NFA 65Strong Licences Visit site
37 E Equiti Forex & CFD broker, since 2008 FCASCACMA (Kenya)JSCFSA (Seychelles) 65Strong Licences Visit site
38 F FXTM Forex & CFD broker, since 2011 FCACySECFSCACMA (Kenya)FSC (MU) 65Strong Licences Visit site
39 E easyMarkets Forex & CFD broker, since 2001 ASICCySECBVI FSCFSA (Seychelles) 65Strong Licences Visit site
40 A ActivTrades Forex & CFD broker, since 2001 FCACMVMSCB 64Strong Licences Visit site
41 I Infinox Forex & CFD broker, since 2009 FCAFSCAFSC (MU)SCB 63Strong Licences Visit site
42 T Trive Forex & CFD broker, since 2012 ASICFSCAMFSA 63Strong Licences Visit site
43 F FBS Forex & CFD broker, since 2009 ASICCySECFSC (Belize) 62Strong Licences Visit site
44 M Mitrade Forex & CFD broker, since 2011 ASICCySECCIMAFSC (MU) 62Strong Licences Visit site
45 AS ACY Securities Forex & CFD broker, since 2011 ASICFSCAVFSC 61Moderate Licences Visit site
46 L LCG Spread betting & CFD provider, since 1996 FCASCB 61Moderate Licences Visit site
47 GP Global Prime Forex & CFD broker, since 2010 ASICFSA (Seychelles)VFSC 60Moderate Licences Visit site
48 N NinjaTrader Futures broker (FX futures), since 2003 CFTC / NFA 60Moderate Licences Visit site
49 S Spreadex Spread betting & CFD provider, since 1999 FCA 60Moderate Licences Visit site
50 KT Key To Markets Forex & CFD broker, since 2010 FCAFSC (MU) 59Moderate Licences Visit site
51 VM VT Markets Forex & CFD broker, since 2015 ASICFSCAFSC (MU) 59Moderate Licences Visit site
52 T TMGM Forex & CFD broker, since 2013 ASICFSC (MU)VFSC 58Moderate Licences Visit site
53 BM Blueberry Markets Forex & CFD broker, since 2016 ASICVFSC 56Moderate Licences Visit site
54 FM Fusion Markets Forex & CFD broker, since 2017 ASICFSA (Seychelles)VFSC 56Moderate Licences Visit site
55 RS Rakuten Securities Australia Forex & CFD broker, since 2014 ASIC 56Moderate Licences Visit site
56 T Tradu Multi-asset broker, since 2023 FCACySECFSA (Seychelles) 55Moderate Licences Visit site
57 T Taurex Forex & CFD broker, since 2017 FCA 54Moderate Licences Visit site
58 AO Angel One Exchange-traded currency broker, since 1996 SEBI 53Moderate Licences Visit site
59 GF Geojit Financial Services Exchange-traded currency broker, since 1987 SEBI 53Moderate Licences Visit site
60 ID ICICI Direct Exchange-traded currency broker, since 2000 SEBI 53Moderate Licences Visit site
61 MO Motilal Oswal Exchange-traded currency broker, since 1987 SEBI 53Moderate Licences Visit site
62 T tastyfx Forex & CFD broker, since 2021 CFTC / NFA 52Moderate Licences Visit site
63 C CFI Forex & CFD broker, since 1998 CySECFSC (MU)FSA (Seychelles)VFSC 51Moderate Licences Visit site
64 D Deriv Forex & CFD broker, since 1999 MFSALabuan FSABVI FSCVFSC 51Moderate Licences Visit site
65 J JustMarkets Forex & CFD broker, since 2012 CySECFSCAFSC (MU)BVI FSCFSA (Seychelles) 51Moderate Licences Visit site
66 L Libertex Forex & CFD broker, since 1997 CySECFSCA 51Moderate Licences Visit site
67 WB Windsor Brokers Forex & CFD broker, since 1988 CySECCMA (Kenya)JSCFSC (Belize) 51Moderate Licences Visit site
68 A AAAFx Forex & CFD broker, since 2008 FSCAHCMC 50Moderate Licences Visit site
69 AC Amana Capital Forex & CFD broker, since 2010 CySECDFSAFSC (MU) 50Moderate Licences Visit site
70 F FXPrimus Forex & CFD broker, since 2009 CySECFSCAVFSC 50Moderate Licences Visit site
71 I IronFX Forex & CFD broker, since 2010 CySECFSCABMA 50Moderate Licences Visit site
72 O Octa Forex & CFD broker, since 2011 CySECFSCAFSC (MU) 49Moderate Licences Visit site
73 5 5paisa Exchange-traded currency broker, since 2016 SEBI 48Moderate Licences Visit site
74 AB Aditya Birla Money Exchange-traded currency broker, since 1994 SEBI 48Moderate Licences Visit site
75 AB Alice Blue Exchange-traded currency broker, since 2006 SEBI 48Moderate Licences Visit site
76 AG Almondz Global Securities Exchange-traded currency broker, since 1994 SEBI 48Moderate Licences Visit site
77 AR Anand Rathi Share and Stock Brokers Exchange-traded currency broker, since 1994 SEBI 48Moderate Licences Visit site
78 AC Arihant Capital Markets Exchange-traded currency broker, since 1992 SEBI 48Moderate Licences Visit site
79 AS Ashika Stock Broking Exchange-traded currency broker, since 1994 SEBI 48Moderate Licences Visit site
80 AC Asit C. Mehta Investment Intermediates Exchange-traded currency broker, since 1984 SEBI 48Moderate Licences Visit site
81 BN B.N. Rathi Securities Exchange-traded currency broker, since 1985 SEBI 48Moderate Licences Visit site
82 BW BMA Wealth Creators Exchange-traded currency broker, since 1990 SEBI 48Moderate Licences Visit site
83 BB Bajaj Broking Exchange-traded currency broker, since 2006 SEBI 48Moderate Licences Visit site
84 BK Batlivala & Karani Securities Exchange-traded currency broker, since 1868 SEBI 48Moderate Licences Visit site
85 BB Beeline Broking Exchange-traded currency broker, since 2000 SEBI 48Moderate Licences Visit site
86 BP Bonanza Portfolio Exchange-traded currency broker, since 1994 SEBI 48Moderate Licences Visit site
87 CB Canara Bank Securities Exchange-traded currency broker, since 1996 SEBI 48Moderate Licences Visit site
88 CB Centrum Broking Exchange-traded currency broker, since 1994 SEBI 48Moderate Licences Visit site
89 CB Choice Broking Exchange-traded currency broker, since 1993 SEBI 48Moderate Licences Visit site
90 DB Dalal & Broacha Exchange-traded currency broker, since 1971 SEBI 48Moderate Licences Visit site
91 EW Elite Wealth Exchange-traded currency broker, since 1994 SEBI 48Moderate Licences Visit site
92 EG Emkay Global Exchange-traded currency broker, since 1995 SEBI 48Moderate Licences Visit site
93 ES Eureka Stock & Share Broking Exchange-traded currency broker, since 1995 SEBI 48Moderate Licences Visit site
94 FS Fairwealth Securities Exchange-traded currency broker, since 2004 SEBI 48Moderate Licences Visit site
95 F Flattrade Exchange-traded currency broker, since 2004 SEBI 48Moderate Licences Visit site
96 GC Globe Capital Market Exchange-traded currency broker, since 1985 SEBI 48Moderate Licences Visit site
97 GS Guiness Securities Exchange-traded currency broker, since 1993 SEBI 48Moderate Licences Visit site
98 HS HDFC Securities Exchange-traded currency broker, since 2000 SEBI 48Moderate Licences Visit site
99 HS Hem Securities Exchange-traded currency broker, since 1993 SEBI 48Moderate Licences Visit site
100 IC IDBI Capital Markets Exchange-traded currency broker, since 1993 SEBI 48Moderate Licences Visit site
101 IS IIFL Securities Exchange-traded currency broker, since 1996 SEBI 48Moderate Licences Visit site
102 IS Indira Securities Exchange-traded currency broker, since 1987 SEBI 48Moderate Licences Visit site
103 IC Inditrade Capital Exchange-traded currency broker, since 1994 SEBI 48Moderate Licences Visit site
104 I InstaForex Forex & CFD broker, since 2007 CySECBVI FSC 48Moderate Licences Visit site
105 IG Inventure Growth & Securities Exchange-traded currency broker, since 1995 SEBI 48Moderate Licences Visit site
106 JF JM Financial Services Exchange-traded currency broker, since 1973 SEBI 48Moderate Licences Visit site
107 JB Jainam Broking Exchange-traded currency broker, since 2003 SEBI 48Moderate Licences Visit site
108 JC Joindre Capital Services Exchange-traded currency broker, since 1995 SEBI 48Moderate Licences Visit site
109 KR K.R. Choksey Shares & Securities Exchange-traded currency broker, since 1978 SEBI 48Moderate Licences Visit site
110 KC Kantilal Chhaganlal Securities Exchange-traded currency broker, since 1954 SEBI 48Moderate Licences Visit site
111 KS Khambatta Securities Exchange-traded currency broker, since 1995 SEBI 48Moderate Licences Visit site
112 KS Kotak Securities Exchange-traded currency broker, since 1994 SEBI 48Moderate Licences Visit site
113 KF Kunvarji Finstock Exchange-traded currency broker, since 1995 SEBI 48Moderate Licences Visit site
114 LS LKP Securities Exchange-traded currency broker, since 1948 SEBI 48Moderate Licences Visit site
115 L LiteFinance Forex & CFD broker, since 2005 CySEC 48Moderate Licences Visit site
116 MS Mandot Securities Exchange-traded currency broker, since 1994 SEBI 48Moderate Licences Visit site
117 MF Marwadi Financial Services Exchange-traded currency broker, since 1992 SEBI 48Moderate Licences Visit site
118 M Mastertrust Exchange-traded currency broker, since 1985 SEBI 48Moderate Licences Visit site
119 MN Monarch Networth Capital Exchange-traded currency broker, since 1993 SEBI 48Moderate Licences Visit site
120 NM Navia Markets Exchange-traded currency broker, since 1985 SEBI 48Moderate Licences Visit site
121 NB Nirmal Bang Exchange-traded currency broker, since 1986 SEBI 48Moderate Licences Visit site
122 PL Prabhudas Lilladher Exchange-traded currency broker, since 1944 SEBI 48Moderate Licences Visit site
123 PR Pravin Ratilal Share & Stock Brokers Exchange-traded currency broker, since 1994 SEBI 48Moderate Licences Visit site
124 RG RK Global Exchange-traded currency broker, since 1995 SEBI 48Moderate Licences Visit site
125 RB Religare Broking Exchange-traded currency broker, since 1984 SEBI 48Moderate Licences Visit site
126 SS SBICAP Securities Exchange-traded currency broker, since 2006 SEBI 48Moderate Licences Visit site
127 SG SMC Global Securities Exchange-traded currency broker, since 1990 SEBI 48Moderate Licences Visit site
128 SS SPA Securities Exchange-traded currency broker, since 1995 SEBI 48Moderate Licences Visit site
129 S Sharekhan Exchange-traded currency broker, since 2000 SEBI 48Moderate Licences Visit site
130 SS Sunidhi Securities & Finance Exchange-traded currency broker, since 1985 SEBI 48Moderate Licences Visit site
131 SF Sushil Finance Exchange-traded currency broker, since 1982 SEBI 48Moderate Licences Visit site
132 SI Swastika Investmart Exchange-traded currency broker, since 1992 SEBI 48Moderate Licences Visit site
133 SR Sykes & Ray Equities Exchange-traded currency broker, since 1996 SEBI 48Moderate Licences Visit site
134 SS Systematix Shares & Stocks Exchange-traded currency broker, since 1985 SEBI 48Moderate Licences Visit site
135 TS Trustline Securities Exchange-traded currency broker, since 1995 SEBI 48Moderate Licences Visit site
136 VS Ventura Securities Exchange-traded currency broker, since 1994 SEBI 48Moderate Licences Visit site
137 WF Wallfort Financial Services Exchange-traded currency broker, since 1994 SEBI 48Moderate Licences Visit site
138 WB Way2Wealth Brokers Exchange-traded currency broker, since 2000 SEBI 48Moderate Licences Visit site
139 WC Wisdom Capital Exchange-traded currency broker, since 1995 SEBI 48Moderate Licences Visit site
140 B BDSwiss Forex & CFD broker, since 2012 FSCAFSC (MU)FSA (Seychelles) 47Moderate Licences Visit site
141 EM Enrich Money Exchange-traded currency broker, since 2007 SEBI 47Moderate Licences Visit site
142 GB GBE Brokers Forex & CFD broker, since 2008 CySEC 47Moderate Licences Visit site
143 GW Goodwill Wealth Management Exchange-traded currency broker, since 2008 SEBI 47Moderate Licences Visit site
144 NW Nuvama Wealth Exchange-traded currency broker, since 2008 SEBI 47Moderate Licences Visit site
145 SO SAS Online Exchange-traded currency broker, since 2008 SEBI 47Moderate Licences Visit site
146 T TopFX Forex & CFD broker, since 2010 CySECFSA (Seychelles) 47Moderate Licences Visit site
147 FC FXGT.com Forex & CFD broker, since 2019 CySECFSCAFSA (Seychelles)VFSC 46Moderate Licences Visit site
148 SM Scope Markets Forex & CFD broker, since 2014 FSCACMA (Kenya)FSC (Belize) 46Moderate Licences Visit site
149 S Startrader Forex & CFD broker, since 2012 FSCAFSA (Seychelles) 46Moderate Licences Visit site
150 TS Tradebulls Securities Exchange-traded currency broker, since 2009 SEBI 46Moderate Licences Visit site
151 U Upstox Exchange-traded currency broker, since 2009 SEBI 46Moderate Licences Visit site
152 Z Zerodha Exchange-traded currency broker, since 2010 SEBI 46Moderate Licences Visit site
153 AD Axis Direct Exchange-traded currency broker, since 2011 SEBI 45Moderate Licences Visit site
154 BM BlackBull Markets Forex & CFD broker, since 2014 FMA (NZ)FSA (Seychelles) 45Moderate Licences Visit site
155 PP PU Prime Forex & CFD broker, since 2015 FSCAFSC (MU)FSA (Seychelles) 45Moderate Licences Visit site
156 T Tradejini Exchange-traded currency broker, since 2012 SEBI 45Moderate Licences Visit site
157 SB Shoonya by Finvasia Exchange-traded currency broker, since 2013 SEBI 44Weak Licences Visit site
158 S Skilling Forex & CFD broker, since 2016 CySECFSA (Seychelles) 44Weak Licences Visit site
159 T TradeSmart Exchange-traded currency broker, since 2013 SEBI 44Weak Licences Visit site
160 UM Ultima Markets Forex & CFD broker, since 2016 CySECFSC (MU) 44Weak Licences Visit site
161 YS Yes Securities Exchange-traded currency broker, since 2013 SEBI 44Weak Licences Visit site
162 ZS Zebu Share and Wealth Exchange-traded currency broker, since 2013 SEBI 44Weak Licences Visit site
163 F Fyers Exchange-traded currency broker, since 2015 SEBI 43Weak Licences Visit site
164 P ProStocks Exchange-traded currency broker, since 2016 SEBI 43Weak Licences Visit site
165 S SAMCO Exchange-traded currency broker, since 2015 SEBI 43Weak Licences Visit site
166 E Errante Forex & CFD broker, since 2019 CySECFSA (Seychelles) 42Weak Licences Visit site
167 MM Moneta Markets Forex & CFD broker, since 2020 FSCAFSA (Seychelles) 42Weak Licences Visit site
168 MS m.Stock by Mirae Asset Exchange-traded currency broker, since 2018 SEBI 42Weak Licences Visit site
169 S Stoxkart Exchange-traded currency broker, since 2020 SEBI 41Weak Licences Visit site
170 D Dhan Exchange-traded currency broker, since 2021 SEBI 40Weak Licences Visit site
171 KN Kotak Neo Exchange-traded currency broker, since 2022 SEBI 40Weak Licences Visit site

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Risk warning: CFDs and leveraged forex are complex instruments and come with a high risk of losing money rapidly due to leverage. Most retail investor accounts lose money when trading CFDs. Consider whether you understand how they work and whether you can afford to take the high risk of losing your money. Read more.