Trading with a $1 minimum deposit gives new traders an opportunity to participate in live markets without massive risks, while experienced traders can test platforms, tools and instruments without over-commitment to a specific broker or market. This article reviews the 30 Best Regulated Forex Brokers with a $1 minimum deposit.
In most cases, a minimum deposit will be required to activate your trading account with a broker. Some brokers have higher minimum deposits, while some allow trading with as little as $1.
Most new traders are intimidated by depositing real money into online accounts, but starting with a low minimum deposit in a live trading environment gives you real-time exposure with minimal risks and real trades.
Let’s view the pros and cons of 30 of the best-regulated Forex brokers you can choose from to start trading with only $1.
Admiral Markets
Admiral Markets was founded in 2001 as a regulated Forex and CFD broker, with head offices based in the UK.
New clients have the option of using demo accounts and there are more than 148 tradable instruments, including 40 currency pairs.
Customer support is provided in multiple international languages and can be reached via email, live chat, and telephonically.
Trading benefits include:
- Hedging allowed
- Scalping allowed
- STP offered
- Minimum deposit is low
- Negative Balance Protection offered
Trading accounts offered:
- Micro account
- Mini account
- Standard account
- ECN account
- STP account
- Demo account
Features of Admiral Markets
Regulation | FCA, ASIC, CySEC, EFSA |
Broker type | CFD, Forex |
Leverage | 1000:1 |
Platforms | MT4, MT5 |
Instruments | Forex, Commodities, Indices, Shares, ETFs, Bonds |
Alfa Capital
Alfa Capital has been operational for nearly two decades and is well-regulated with flexible payment methods and free educational resources.
In addition to the main accounts provided, PAMM and Islamic accounts are also offered, and base currencies supported include the GBP, EUR, JPY, USD and RUB.
Customer support can be contacted using email, phone, live chat and web forms.
Trading benefits include:
- Hedging allowed
- Swap-free accounts offered
- One-click trading
- Automated trading
- Compatibility with MetaTrader platforms
- 32 currency pairs
Trading accounts offered:
- Standard account
- Zulutrade account
- PAMM accounts
- Islamic accounts
Features of Alfa Capital
Regulation | CySEC, Bank of Russia |
Broker type | Forex |
Leverage | Up to 1:100 |
Platforms | MT4 and MT5 |
Instruments | Forex, Gold, Silver, CFDs |
Ally Invest
Ally Invest has offices in the United States and was founded in 2009. The USD is the only supported base currency for trading accounts and only one type of account is provided.
Traders have access to fixed spreads, but the trading instruments offered are somewhat limited.
Ally Invest is regulated and offers customer support in English, via telephone, email and live chat.
Trading benefits include:
- 48 Currency pairs
- One-click trading
- Automated trading tools
- Trailing stops
- Fixed spreads
- Low minimum deposit
- Allows US clients
Trading accounts offered:
- Standard account
Features of Ally Invest
Regulation | CFTC, NFA |
Broker type | Forex |
Leverage | Up to 1:50 |
Platforms | MT4 |
Instruments | Forex, Stocks, Options, Futures |
Alpari
Alpari was founded in 1998 and has been offering online services since 2000, offering its traders more than 250 market instruments and access to global markets.
Customer support is offered in several international languages, along with a multilingual website.
In addition to offering 10 types of trading accounts, traders are also provided with Islamic, PAMM, and managed accounts.
Trading benefits include:
- Bonus offers
- Great selection of educational material
- Free Autochartist software for analysis
- Trading contests
- Hedging allowed
- Automated trading
- More than 30 currency pairs
Trading accounts offered:
- Standard.mt4
- Ecn.mt4
- Pro.ecn.mt4
- Nano.mt4
- Ecn.mt5
- Pamm.standard.mt4
- Pamm.pro.ecn.mt4
- Pamm.ecn.mt4
- Standard.mt5
- Pamm.ecn.mt5
- Islamic accounts
- PAMM accounts
- Managed accounts
Features of Alpari
Regulation | FSA |
Broker type | ECN, STP |
Leverage | Up to 1:1000 |
Platforms | MT5, MT4 |
Instruments | Forex, Cryptocurrencies, Stocks, Spot Indices, Spot Commodities, Spot Metals |
Axi (Axitrader)
Axi, formerly known as Axitrader, is a financial services provider that was founded in 2007 and is a highly regulated broker with flexible payment methods and multilingual customer support.
Traders have the option to participate in trading contests and benefit from bonus offers on trading activities.
Educational resources are provided for free and an affiliate program is offered for business opportunities and mutually beneficial partnerships.
Trading benefits include:
- Personal managers
- Variable spreads
- Low minimum deposit
- Scalping and Hedging allowed
- Swap-free accounts provided
- EA and automated trading is supported
Trading accounts offered:
- MT4 Standard account
- MT4 Pro account
- Islamic account
- MAM account
- PAMM account
Features of Axi
Regulation | ASIC, FCA, DFSA |
Broker type | STP, ECN |
Leverage | Up to 1:500 |
Platforms | MT4 |
Instruments | Currencies, Crypto, Indices, Metals, Energies, Softs |
Binary.com
Binary.com is part of a group of companies, including Binary (IOM) Ltd., Binary Investments (EU) Ltd., Binary (SVG) LLC, and Binary (FX) Ltd.
It was founded in 1999 and has offices in Japan, Malta, and Malaysia.
More than 15 payment methods are accepted and cryptocurrency can also be used as a form of payment for trading.
Binary.com is regulated and provides a multilingual website and customer support in multiple languages.
Unfortunately, Binary.com is not available to US citizens and Islamic accounts are not provided.
Trading benefits include:
- Hedging allowed
- Automated trading and EA supported
- 50 Currency pairs
- Affiliate program provided
- Bonus offers on trading
Trading accounts offered:
- Managed account
- MT5 Financial account
- MT5 Financial STP account
Features of Binary.com
Regulation | MSFA, LFSA, BVIFSC, VFSC, FCA, ACPR, BaFin |
Broker type | STP, Binary |
Leverage | up to 1:1000 and 1:30 for EU clients |
Platforms | MT5 and a Binary Platform |
Instruments | Currencies, Crypto, Indices, Metals, Energies |
Blackwell Global
Blackwell Global is a well-regulated Forex broker that was founded in 2010, with offices in the Bahamas, Cyprus, Nigeria and the United Kingdom.
Traders can enjoy flexible payment methods and Bitcoin can also be used as a form of payment.
The base currencies supported include the EUR, GBP and the USD, and over 30 currency pairs are offered.
The multilingual customer support team can be reached via email, live chat, telephone, or Skype.
Unfortunately, Blackwell Global does not provide services to US citizens.
Trading benefits include:
- Fixed spreads
- Hedging and Scalping allowed
- EA and Automated trading supported
- Personal managers
- Educational resources provided
- Bonus offers on trading
- Affiliate program
Trading accounts offered:
- Standard account
- Professional account
- ECN account
- Turbo (SCB) account
- PAMM account
- MAM account
Islamic account
Features of Blackwell Global
Regulation | FCA, CySEC, SCB |
Broker type | ECN, Forex |
Leverage | Up to 1:200 |
Platforms | MT4, Infinitum |
Instruments | Forex, Commodities, Indices, Crypto |
CMC Markets
CMC Markets was founded in 1989 and has been offering online services since 1996, with offices in 10 countries around the world.
It is a well-regulated broker with a multilingual website and customer support offered in several international languages.
Trading accounts can be funded with one of the following supported base currencies, including USD, EUR, GBP, CAD, NZD, SGD, NOK, and PLN.
Unfortunately, CMC Markets cannot be used by US traders.
Trading benefits include:
- Fixed, tight spreads
- Designated CFD platform
- Designated Spread Betting platform
- 85 Currency pairs
- Free educational content
Trading accounts offered:
- Live account
- Binary Options account
- CMC Pro account
Features of CMC Markets
Regulation | ASIC, FSPR, FMA, IIROC, FCA, MAS |
Broker type | STP, ECN, Spread Betting |
Leverage | Up to 1:500 for AU and NZ clients, 1:30 for EU and other clients |
Platforms | MT4, FIX API |
Instruments | Currencies, Indices, Metals, Energies, Softs, Stocks, Bonds, ETFs |
Credit Financier Invest
Credit Financier Invest is based in the UK and Cyprus and has been operational since 1998.
Trading accounts can be funded using the EUR, GBP, and USD, and MetaTrader 4 can be used on live and demo trading accounts.
It is a strictly regulated Forex broker with reliable customer support and VPS access, which costs USD 30 per month.
Trading benefits include:
- EA and Automated trading tools
- Fixed spreads, but slightly higher than usual
- 36 Currency pairs
- Hedging allowed
- Pending orders accepted
Trading accounts offered:
- Standard account
- Premium account
- Deep Discount account
- Managed accounts
- Islamic accounts
Features of Credit Financier Invest
Regulation | CySEC, FCA, DFSA, BaFin |
Broker type | Forex, CFD |
Leverage | Up to 1:30 |
Platforms | MT5 |
Instruments | Forex, CFDs, Cryptocurrencies |
Exness
Exness was founded in 2008 as a Forex and CFD broker and has offices in Cyprus, Seychelles, and the United Kingdom.
It is well regulated and provides a secure, enjoyable trading environment for Social Traders.
The customer support team can only be reached via email, and US citizens do not have access to the Exness servers.
Exness clients can use the VPS for free, and the website, as well as customer support, is multilingual.
Trading benefits include:
- Hedging and Scalping allowed
- Variable spreads, starting at 0.3 pips on EUR/USD
- Great selection of trading instruments
- 134 Currency pairs
- Trading contests hosted
- Affiliate program offered
Trading accounts offered:
- PAMM account
- LAMM account
- Islamic account
- Standard account
- Raw Spread account
- Pro account
- Standard Cent account
- Zero account
Features of Exness
Regulation | FSA |
Broker type | CFD and Forex |
Leverage | Unlimited |
Platforms | MT4, MT5, WebTerminal |
Instruments | Forex, Gold, Platinum, Silver, Palladium, Crypto, Energies, Indices, Stocks |
FBS
FBS is a highly regulated CFD and Forex broker and offers high maximum leverage of 1:3000 for more experienced traders.
Offices are based in China, Egypt, Indonesia, Korea, Malaysia, and Thailand, but unfortunately, US traders cannot access the FBS servers.
The website can be viewed in more than 15 international languages, and the multilingual customer support team can be reached via email, forum, live chat, telephone, web forms, office visits, and callbacks.
VPS is offered for free for deposits exceeding $450, and traders have access to promotional offers, trading contests, and personal managers.
Trading benefits include:
- Hedging and Scalping allowed
- EA and Automated trading supported
- Trailing stops supported
- Pending orders accepted
- 30 currency pairs
Trading accounts offered:
- Standard account
- Cent account
- Zero Spread account
- ECN account
- Micro account
- Islamic account
Features of FBS
Regulation | IFSC, CySEC |
Broker type | Forex and CFD |
Leverage | Up to 1:3000 |
Platforms | FBS Trader, Mt4, MT5 |
Instruments | Forex, Commodities, Stocks, Indices |
FIBO Group
FIBO Group was founded in 1998 and has offices in 10 countries. Accounts can be funded using EUR and USD, and several payment options are accepted.
Both the website and the customer support team are available in multiple international languages and customer support can be reached via callback, email, phone, live chat or office visits.
For traders who deposit more than $5,000, FIBO Group offers advanced analytics and market news from reliable agencies.
Unfortunately, US traders cannot use FIBO group.
Trading benefits include:
- Compatibility with MetaTrader and cTrader
- Registration is simple and efficient
- Commission-free trading
- ECN spreads are tight
Trading accounts offered:
- MT4 Cent
- MT4 Fixed
- MT4 NDD
- MT4 NDD – commission-free
- cTrader NDD
- MT5 NDD
Features of FIBO Group
Regulation | CySEC, FSC |
Broker type | Forex, CFD |
Leverage | Up to 1:1000 |
Platforms | MT4 |
Instruments | Forex, Crypto, Futures, Gold, Silver, CFD, Oil |
ForexVox
ForexVox is a newly-established ECN and Forex broker with offices based in the United Kingdom and operates as a member of the ValuTrades Ltd. company.
Free VPS is offered after 10 trading 10 lots, along with rebates on trades under certain conditions.
The website is available in English, Indonesian, and Malay, but support is only provided in English.
Customer support can be reached via email, live chat and Skype.
Unfortunately, US citizens cannot use ForexVox.
Trading benefits include:
- Hedging and Scalping allowed
- Variable spreads, starting at 0.03 pips on EUR/USD
- Expert Advisors allowed
- 75 Currency pairs, including 45 Exotics
- Pending orders allowed
- Personal managers available
- Affiliate program offered
Trading accounts offered:
- ECN account
- Standard account
- Islamic account
- MAM account
Features of ForexVox
Regulation | FCA, FSA |
Broker type | ECN, Forex |
Leverage | Up to 1:500 |
Platforms | MT4, MT5, WebTrader |
Instruments | Forex, CFDs, Oil, Indexes, Metals |
FXCM
FXCM operates as part of multiple companies, including Forex Capital Markets Ltd., FXCM Securities Ltd., and FXCM Europe GmbH, and was founded in 1999.
FXCM offices are located in 12 countries around the globe, including South Africa, and 9 popular currencies are supported base currencies for trading accounts.
FXCM is a highly regulated broker with a multilingual customer support team and the website can be used in several different languages.
VPS is free when making deposits greater than $5,000 and low spreads are offered when using the Active Traders Rebate program.
FXCM does not offer Islamic accounts and US traders cannot use their services.
Trading benefits include:
- Hedging and Scalping allowed
- Pending orders accepted
- EA and Automated trading is supported
- 39 currency pairs
- Active Trader rebate program
Trading accounts offered:
- Standard account
- Mini account
- Standard FXCM Markets account
- Premium FXCM Markets account
- PAMM account
- LAMM account
Features of FXCM
Regulation | FCA, FSCA, ASIC, CySEC, SFC, ISA, CONSOB, DMCC |
Broker type | Spread Betting, CFD, Forex |
Leverage | Up to 400:1 |
Platforms | MT4, NinaTrader, ZuluTrade |
Instruments | Forex, CFDs, Commodities, Crypto, Oil, Indexes |
FXOpen
FXOpen was founded in 2003 and offers nearly 20 unique payment methods, with 8 base currencies supported for the funding of accounts.
Customer support is offered in multiple international languages and can be contacted via callback, email, live chat, Skype, and forums.
VPS trading is free when certain conditions are met and FXOpen adheres to the strict rules of regulatory bodies.
FXOpen does not offer services to US citizens, but clients can participate in trading contests and benefit from bonus offers on their trading activities.
Trading benefits include:
- Affiliate program
- Trading contests
- Hedging allowed, but no Scalping
- Variable spreads, starting at 2 pips on EUR/USD
- EA and Automated trading supported
- More than 50 currency pairs
Trading accounts offered:
- Micro account
- ECN account
- Micro ECN (FXOpen AU) account
- Standard ECN (FXOpen AU) account
- VIP ECN (FXOpen AU) account
- Crypto account
- STP account
- ECN (FXOpen UK) account
- STP (FXOpen UK) account
- PAMM account
- Managed account
- Islamic account
Features of FXOpen
Regulation | FCA, ASIC |
Broker type | Forex, CFD |
Leverage | Up to 1:500 |
Platforms | MT4, MT5, TickTrader |
Instruments | Gold, Silver, Forex, CFDs, Oil, Crypto |
FxView
FxView is a highly regulated broker with offices in Cyprus and is part of a company called Charlgate Ltd.
FxView’s website is available in English, German, Greek and Italian, and the customer support team is multilingual and can be reached via callback, email, live chat, telephone and webforms.
Flexible payment methods are offered and accounts can be funded using the EUR, GBP, and USD.
Unfortunately, FxView cannot be used by US traders and Islamic accounts are not provided.
Trading benefits include:
- Affiliate programs
- 70 Currency pairs, including 23 Exotics
- Hedging and Scalping allowed
- Variable spreads, starting at 01 pips on EUR/USD
- Low minimum deposit
- Pending orders allowed
Trading accounts offered:
- RAW ECN account
Features of FxView
Regulation | BaFin, CNMV, CySEC, FCA, CONSOB |
Broker type | ECN, Forex |
Leverage | Up to 1:500 |
Platforms | MT4, MT5, ActTrader |
Instruments | Forex, Gold, Silver, Indexes, Metals, Energies, Oil, CFDs |
IFC Markets
IFC Markets was founded in 2006 and has offices in Cyprus, Latvia and the British Virgin Islands.
Trading accounts can be funded using Bitcoin, EUR, JPY and USD, and more than 45 currency pairs are offered.
IFC Markets is well-regulated and guarantees flexible trading conditions and portfolio management services.
Customer support is provided in 17 global languages and can be reached via callbacks, email, forums, telephonically, web forms, office visits, live chat and Skype.
Unfortunately, IFC Markets is not available for US citizens.
Trading benefits include:
- Bonus offers on trading activities
- Trading competitions
- Educational resources provided
- Affiliate programs
- Hedging and Scalping allowed
- Automated trading and EA supported
- Variable spreads, starting at 1.8 pips on EUR/USD
- Great selection of products
Trading accounts offered:
- Micro (MT4) account
- Standard (MT4) account
- Beginner (NetTradeX) account
- Standard (NetTradeX) account
- Standard (MT5) account
- Micro (MT5) account
- Islamic account
Features of IFC Markets
Regulation | CySEC, FSC |
Broker type | Forex, CFD |
Leverage | Up to 1:400 |
Platforms | MT4, MT5, NetTradeX |
Instruments | Forex, Indexes, Metals, Energies, CFDs, Oil, Stocks, Futures, Commodities, ETFs, Cryptocurrencies, Gold, Silver |
IG
IG is a regulated Forex broker that has offices in 12 countries, including South Africa, and has been operational since 1974 as IG Markets Ltd.
IG trading accounts can be funded using EUR, GBP and USD, and a total of 80 currency pairs is offered.
The website is available in 9 international languages, with a multilingual customer support team that can be reached via email, phone and office visits.
IG does not provide an Islamic account, but the demo account can be used on MT4, PureDeal, and L2 Dealer.
Trading benefits include:
- Free educational resources
- US traders have access
- Autochartists software provided for free
- One-click trading
- Variable, low spreads
- 80 Currency pairs, including 52 Exotics
Trading accounts offered:
- Standard account
- ECN account
- Standard (US) account
Features of IG
Regulation | FCA, ASIC, FSCA |
Broker type | Market Maker, CFD, Forex, Spread Betting |
Leverage | Up to 1:50 |
Platforms | MT4, PureDeal, L2 Dealer |
Instruments | Forex, CFD, Gold, Silver, Crypto, Oil |
IQ Option
IQ Option was founded in 2013 as a regulated Forex broker and is based in Cyprus, operating under Iqoption Europe Ltd.
Several flexible payment methods are offered and accounts can be funded using the EUR, GBP, USD, and RUB.
The website can be viewed in several international languages, but customer support is only provided in English.
The support team can be reached via email, phone, web forms and office visits.
IQ Option does not provide Islamic accounts and the demo account can only be used on the IQ Option proprietary trading platform.
Trading benefits include:
- Standard Forex Options offered to EU residents
- Hedging and Scalping allowed
- Variable, tight spreads
- 31 Currency pairs
- Low minimum deposit
Trading accounts offered:
- Standard account
Features of IQ Option
Regulation | CySEC |
Broker type | Forex, CFD |
Leverage | Up to 1:300 |
Platforms | IQ Option proprietary platform |
Instruments | Forex, CFD, Stocks, Options, Crypto, Indexes |
Libertex
Libertex operates under Forex Club International Ltd. and was founded in 1997 and a CFD Forex broker, with offices in 8 countries across the globe.
Libertex is regulated and the website is available in 6 international languages, along with a multilingual customer support team.
Unfortunately, Libertex does not seem to provide an Islamic account and US traders cannot use this broker.
Trading benefits include:
- Bonus offers
- Affiliate programs
- Personal managers
- 54 currency pairs, including 24 Exotics
- Flexible leverage options
- Fixed spreads, starting at zero pips for EUR/USD
Trading accounts offered:
- Libertex account
- Forex Club account
- Managed accounts
Features of Libertex
Regulation | CySEC |
Broker type | CFD |
Leverage | 1:30 |
Platforms | MT4 and the Libertex proprietary platform |
Instruments | Crypto, Metals, ETFs, Stocks, Forex, Indices, Oil and gas, commodities |
Hirose Financial UK
Hirose Financial UK was founded in 2011 and has offices in the United Kingdom and Malaysia.
Trading accounts can be funded using the EUR, GBP and USD, and 50 currency pairs are offered.
The website is available in 5 international languages, and the customer support team is multilingual and can be reached via email, live chat and telephonically.
Hirose Financial UK does not provide Islamic accounts and US citizens cannot trade with this broker.
Trading benefits include:
- Trading contests
- Personal managers
- Hedging and Scalping allowed
- Pending orders allowed
- EA and Automated trading is supported
- 50 Currency pairs
- Fixed spreads, starting at 1.9 pips on EUR/USD
Trading accounts offered:
- Micro (MT4) account
- Micro (LION Trader) account
- LION Binary Options account
Features of Hirose Financial UK
Regulation | FCA |
Broker type | Forex, Binary Options |
Leverage | Up to 1:30 |
Platforms | MT4, LION Trader |
Instruments | Forex, Binary |
OANDA
OANDA operates as part of the OANDA Corporation, OANDA Europe Markets (OEM), and OANDA Global Markets Ltd., and has been operational since 1995.
OANDA’s offices are situated in 11 countries globally and the website is available in multiple languages.
The multilingual customer support team can be contacted via email, live chat, telephone and web forms.
OANDA does not provide Islamic accounts, but the demo account can be used on Currenex Classic, NinjaTrader, and the OANDA proprietary platform.
Trading benefits include:
- Fixed spreads, starting at 1.2 pips on EUR/USD
- 72 Currency pairs
- Low minimum deposit
- Automated trading allowed, but EA is not
- Trading contests hosted
- Accessible by US traders
- Educational resources provided
Trading accounts offered:
- OANDA account
- PAMM account
- Managed account
Features of OANDA
Regulation | ASIC, FCA, IIROC, MFS, FIBO, BVIFSC, NFA and MAS. |
Broker type | Forex and CFD |
Leverage | Up to 1:50 |
Platforms | MT4, OANDA API, Ninja Trader, Currenex Classic |
Instruments | Forex, Gold, Silver, CFD |
PFD (Pacific Financial Derivatives Ltd.)
PFD is based in New Zealand and was founded in 1999 as an FMA-regulated Forex and CFD broker.
Most major currencies are accepted as base currencies for funding accounts, and more than 60 currency pairs are offered.
PFD has a multilingual customer support team that can be reached via callbacks, forums, live chat, email, Skype, telephonically, web forms and office visits.
Unfortunately, US citizens cannot trade with PFD.
Trading benefits include:
- Personal managers
- Affiliate programs
- Hedging and Scalping allowed
- Variable spreads, starting at 0.3 pips on EUR/USD
- EA and Automated trading is supported
- 66 Currency pairs, including 20 Exotics
Trading accounts offered:
- PFD Trader (MT4) account
- PFD Pro (MT4) account
- PFD Pro Plus (MT4) account
- PAMM account
- MAMM account
- Islamic account
Features of PFD
Regulation | FMA |
Broker type | Forex, CFD |
Leverage | Up to 1:300 |
Platforms | MT4 |
Instruments | Forex, CFDs, Futures, Indexes, Gold, Silver |
Roboforex
RoboForex was founded in 2009 and has offices in 16 countries across the globe.
Traders can fund their accounts using the EUR, USD or Gold, and there are more than 50 currency pairs to choose from.
RoboForex provides Swap-free accounts, but a commission is charged under certain conditions.
RoboForex is popular for its Expert Advisor and Automated trading functionality and offers a free EA Wizard and StrategyQuant tools for strategy automation.
The multilingual customer support team can be reached via live chat, email, Skype, telephone, web forms and office visits.
Unfortunately, RoboForex does not provide services to US traders.
Trading benefits include:
- Bonus offers on trading activities
- Trading contests are hosted
- Affiliate programs
- Flexible accounts
- Hedging and Scalping allowed
- Variable spreads, starting at 1.4 pips on EUR/USD
- More than 50 currency pairs
Trading accounts offered:
- MT5 Hedging accounts
- ProCent account
- Pro account
- ECN account
- R Trader account
- Prime account
- MAM account
- Islamic account
Features of Roboforex
Regulation | IFSC |
Broker type | Forex,CFD |
Leverage | Up to 1:2000 |
Platforms | MT4, MT5, cTrader |
Instruments | Forex, Stocks, Indices, ETFs, Commodities, Metals, Energies |
SquaredFinancial
SquaredFinancial is a regulated Forex and CFD broker, based in Cyprus and the Seychelles.
Trading accounts can be funded using the EUR, GBP, CHF and USD, and a total of 41 currency pairs are offered, which can be accessed on all accounts.
The website is available in Arabic, Chinese, English and Spanish, but customer support is only provided in English and can be reached via multiple channels.
Unfortunately, US citizens can not trade with SquaredFinancial and Islamic accounts are not offered.
Trading benefits include:
- Free educational resources
- Hedging and Scalping allowed
- EA and Automated trading is supported
- Pending orders allowed
- Variable spreads, starting at 0.1 pips on EUR/USD
- 41 Currency pairs
Trading accounts offered:
- Elite account
- Pro account
Features of SquaredFinancial
Regulation | CySEC, FSA |
Broker type | Forex, CFD |
Leverage | Up to 1:30 |
Platforms | MT4, MT5 |
Instruments | Forex, Metals, Indexes, Oil, Futures, Gold, Silver |
SuperForex
SuperForex operates under SuperFin Corp. and was founded in 2013, with its head office in Belize.
SuperForex is a regulated Forex and ECN broker, with a referral bonus program and more than 300 currency pairs to choose from.
Customer support is provided in English and Russian, and the website can be viewed in 3 different languages.
Unfortunately, SuperForex cannot be used by US citizens, but Swap-free and Demo accounts are provided to clients.
Trading benefits include:
- Several different bonuses offered for referrals
- Trading contests hosted
- Personal managers
- Affiliate programs
- Educational resources provided
- Automated trading and EA is supported
- Variable spreads, starting from 2 pips on EUR/USD
- 300 Currency pairs
Trading accounts offered:
- Standard account
- Islamic account
- Crypto account
- PAMM account
- MAM account
- Managed account
Features of SuperForex
Regulation | IFSC |
Broker type | Forex, ECN |
Leverage | Up to 1:1000 |
Platforms | MT4 |
Instruments | Forex, CFDs, Futures, Indexes, Energies, Cryptocurrencies |
ThinkMarkets
ThinkMarkets was founded in 2010 and operates under a chain of companies, including TF Global Markets (UK) Ltd., TF Global Markets (Aust) Pty Ltd., and TF Global Markets (SA).
ThinkMarkets has offices in Australia, Japan, South Africa and the UK, and is regulated in four jurisdictions.
The website can be viewed in 14 international languages and the multilingual customer support team can be reached via email, live chat and telephonically.
Unfortunately, US citizens do not have access to ThinkMarkets.
Trading benefits include:
- Trading contests
- Personal managers
- Bonus offers
- Affiliate programs
- One-click trading and One-click cancels
- Hedging and Scalping allowed
- Expert Advisors allowed
- Variable spreads, starting at 1.2 pips on EUR/USD
- Educational content provided
Trading accounts offered:
- Standard account
- ThinkZero account
- PAMM account
- MAM account
- Islamic account
Features of ThinkMarkets
Regulation | ASIC, FCA, FSA, FSCA |
Broker type | Forex, ECN, STP |
Leverage | Up to 1:30 |
Platforms | MT4, MT5, ThinkTrader |
Instruments | Forex, Gold, Silver, CFDs, Indexes, Cryptocurrencies |
TIO Markets
TIO Markets is based in Cyprus and the UK and is an FCA- and FSA-regulated broker with an excellent VIP trader account.
The website can be viewed in several international languages and customer support can be reached via email, web forms, telephonically and live chat.
Trading accounts can be funded using EUR, GBP and USD, and more than 100 currency pairs are offered.
Unfortunately, US citizens cannot use TIO Markets and Islamic accounts are not provided.
Trading benefits include:
- Free educational resources
- Automated trading and EA allowed
- Fixed spreads, starting from 0.2 pips on EUR/USD
- Scalping allowed, but no Hedging
- 120 Currency pairs
Trading accounts offered:
- VIP Black account
- Standard account
- PAMM account
Features of TIO Markets
Regulation | FCA, FSA |
Broker type | Forex, CFDs |
Leverage | Up to 1:200 |
Platforms | MT4, MT5 |
Instruments | Forex, CFDs, Indexes, Crypto |
XTB
XTB is part of multiple international companies, including XTB Ltd., XTB International Ltd., and X-Trade Brokers Dom Maklerski S.A.
XTB was founded in 2002 as a CFD and Forex broker and is well regulated, with offices in 17 countries around the world.
Traders can fund their accounts using EUR, GBP, USD, PLN and HUF, and can choose from more than 40 currency pairs.
The website can be viewed in Chinese, English, Spanish and Italian and customer support is provided in 3 major languages.
Trading benefits include:
- Hedging and Scalping allowed
- Expert advisors allowed
- Variable spreads, starting at 1.4 pips on EUR/USD
- Great range of tradable products
- 48 Currency pairs
Trading accounts offered:
- Standard account
- PAMM account
- Islamic account
Features of XTB
Regulation | FCA, FSA, IFSC, CNMV |
Broker type | CFD, Forex |
Leverage | 1:30 |
Platforms | xStation, MT4 |
Instruments | Forex, Gold, Silver, Oil, CFDs, Indexes, Commodities, Metals, Energies |
Conclusion
Choosing a broker may be overwhelming because there are so many options, but if you are eager to experiment with live trading environments and real markets, then using one of the 30 Regulated Forex brokers with a $1 minimum deposit will give you an opportunity to explore markets in real-time without the high risks of bigger deposits.
Despite the low minimum deposit, it is still important to research the markets and instruments you choose to trade, and always use a trading strategy regardless of the amount you deposit!