We found 11 online brokers that are appropriate for Trading Small Accounts.
Online trading activities require a reliable trading account. It can be a mini account or a larger account that requires a larger deposit to open.
We discuss the benefits and cons of small accounts. We will also talk about how to find the best broker for small accounts.
In simple terms, online trading platforms facilitate online trading.
Trading platforms track all trading activity, allows the withdrawal and depositing of funds. Many of the best online brokers offer educational resources as well as financial research tools.
A reputable broker will also offer a demo account.
To open a trading account a minimum balance amount needs to be funded. This can be done several ways including wire transfer, credit or debit card, PayPal and Skrill.
Funding and withdrawal methods vary from broker to broker.
Profits made from trading are deposited in the trading account and a trader can withdraw the money whenever required.
It is important to understand that all the traders are not served equally. The services are segregated based on the type of accounts and these are as mentioned below:
In this article, we will only discuss the Small account.
Before trading with a broker with a small account type it is important to understand the characteristics and features of these accounts.
As the name suggests, the initial deposit to open the account should be comparatively less to other account types.
It is perfect for new traders who can enter the market with as low as 100 pounds/USD.
It is important to note that small accounts can only facilitate small volume trades. Most brokers limit the size of traders that can be done. Traders may be limited to just micro-lot trading and position sizes of just a few mini-lots.
Even with limitations small accounts or mini accounts have some unique advantages which perfectly new online traders who are still learning.
The first and important advantage is the low entry bar. Very small capital is enough to start trading and experience the industry.
Small accounts help in learning and formatting strategies before investing with bigger capital amounts.
The best small accounts brokers make it as easy as possible to register an account and start trading.
There are some disadvantages to small accounts.
Small accounts are not for traders who have experience in online trading as the features are limited. Experienced traders may require some more advanced features only available with larger account types.
For experienced and skill traders a Standard or VIP account is recommended. The best most reputable brokers will be happy to upgrade a traders small account.
Not all brokers are regulated. There are many on the Internet who claim to be best but lack a minimum regulatory license. It is highly risky to deal with unregulated brokers.
It is highly suggested to only deal with a broker who is well regulated by a local regulatory body. A broker that holds regulation in a major EU economy like the UK or Germany is a good sign the broker is reputable as these countries have very strict regulation.
A regulated body may not be the best in the region but at least a trader is ensured the money invested is well protected under the rules and laws of a regulatory body.
Online trading requires skill and experience to make a profit.
First time traders need to be careful and for them, a mini account is perfect as in the worst situation they will lose a small capital, as low as 100 pounds.
Small accounts help in gaining skills and experiencing the market.
Once a trader understands how to build up a strategy and invest accordingly, it is suggested to switch over to a Standard account or VIP account that requires a higher initial deposit.
We have conducted extensive research and analysis on over multiple data points on Small Accounts to present you with a comprehensive guide that can help you find the most suitable Small Accounts. Below we shortlist what we think are the best small accounts after careful consideration and evaluation. We hope this list will assist you in making an informed decision when researching Small Accounts.
Selecting a reliable and reputable online Small Accounts trading brokerage involves assessing their track record, regulatory status, customer support, processing times, international presence, and language capabilities. Considering these factors, you can make an informed decision and trade Small Accounts more confidently.
Selecting the right online Small Accounts trading brokerage requires careful consideration of several critical factors. Here are some essential points to keep in mind:
Our team have listed brokers that match your criteria for you below. All brokerage data has been summarised into a comparison table. Scroll down.
When choosing a broker for small accounts trading, it's essential to compare the different options available to you. Our small accounts brokerage comparison table below allows you to compare several important features side by side, making it easier to make an informed choice.
By comparing these essential features, you can choose a small accounts broker that best suits your needs and preferences for small accounts. Our small accounts broker comparison table simplifies the process, allowing you to make a more informed decision.
Here are the top Small Accounts.
Compare small accounts brokers for min deposits, funding, used by, benefits, account types, platforms, and support levels. When searching for a small accounts broker, it's crucial to compare several factors to choose the right one for your small accounts needs. Our comparison tool allows you to compare the essential features side by side.
All brokers below are small accounts. Learn more about what they offer below.
You can scroll left and right on the comparison table below to see more small accounts that accept small accounts clients.
Broker | IC Markets | Roboforex | XTB | AvaTrade | NordFX | FXPro | Admiral | FXPrimus | Eightcap | ForTrade | IB |
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Regulation | Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) | RoboForex Ltd is regulated by the FSC, license 000138/437, reg. number 128.572. RoboForex Ltd, which is an (A category) member of The Financial Commission, also is a participant of its Compensation Fund | FCA (Financial Conduct Authority reference 522157), CySEC (Cyprus Securities and Exchange Commission reference 169/12), FSCA (Financial Sector Conduct Authority), XTB AFRICA (PTY) LTD licensed to operate in South Africa, KPWiG (Polish Securities and Exchange Commission), DFSA (Dubai Financial Services Authority), DIFC (Dubai International Financial Center), CNMV (Comisión Nacional del Mercado de Valores), KNF (Komisja Nadzoru Finansowego), IFSC (Belize International Financial Services Commission license number IFSC/60/413/TS/19) | Australian Securities and Investments Commission (ASIC), ASIC (406684), Financial Services Authority (FSA), South African Financial Sector Conduct Authority (FSCA), Financial Stability Board (FSB), The Financial Services Agency (JAPAN FSA), Financial Futures Association of Japan (FFAJ), Abu Dhabi Global Markets (ADGM), Financial Regulatory Services Authority (FRSA), Polish Financial Supervision Authority (KNF), Israel Securities Association (ISA), British Virgin Islands Financial Services Commission (BVI), BVI (SIBA/L/13/1049), Central Bank of Ireland | Cyprus Securities and Exchange Commission (CySEC), License No: 209/13, VFSC registration number 15008 | Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Financial Sector Conduct Authority (FSCA), Securities Commission of the Bahamas (SCB) | Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC) | Cyprus Securities and Exchange Commission (CySEC), Markets In Financial Instruments Directive (MiFID) | Australian Securities and Investments Commission (ASIC) | Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Investment Industry Regulatory Organization of Canada (IIROC), National Bank of the Republic of Belarus (NBRB) | Financial Conduct Authority (FCA) |
Min Deposit | 200 | 10 | No minimum deposit | 100 | 1 | 100 | 200 | 100 | 100 | 100 | 10000 |
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Used By | 180,000+ | 1,000,000+ | 1,000,000+ | 300,000+ | 10,000+ | 1,866,000+ | 10,000+ | 10,000+ | 10,000+ | 1,000,000+ | 10,000+ |
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Platforms | MT4, MT5, Mirror Trader, Web Trader, cTrader, Windows, Mac, iOS, Android | MT4, MT5, Mac, Web Trader, Tablet & Mobile apps | MT4, Mirror Trader, Web Trader, Tablet & Mobile apps | Web Trader, MT4, MT5, AvaTradeGo, AvaOptions, DupliTrade, ZuluTrade, Mobile Apps, ZuluTrade, DupliTrade, MQL5 | MT4, MT5, Tablet & Mobile apps | MT4, MT5, cTrader, Tablet & Mobile apps | MT4, MT5, Mac, Web Trader, Tablet & Mobile apps | MT4, Mac, Mirror Trader, Web Trader, Tablet & Mobile apps | MT4, Tablet & Mobile apps | MT4, Binary, Tablet & Mobile apps | Web Trader, NinjaTrader, Tablet & Mobile apps |
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Learn More |
Sign
Up with icmarkets |
Sign
Up with roboforex |
Sign
Up with xtb |
Sign
Up with avatrade |
Sign
Up with nordfx |
Sign
Up with fxpro |
Sign
Up with admiralmarkets |
Sign
Up with fxprimus |
Sign
Up with eightcap |
Sign
Up with fortrade |
Sign
Up with interactivebrokers |
Risk Warning | Losses can exceed deposits | Losses can exceed deposits | 76-85% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. | 71% of retail investor accounts lose money when trading CFDs with this provider | Losses can exceed deposits | 75.78% of retail investor accounts lose money when trading CFDs and Spread Betting with this provider | Losses can exceed deposits | Losses can exceed deposits | Losses can exceed deposits | Your capital is at risk | Losses can exceed deposits |
Demo |
IC Markets Demo |
Roboforex Demo |
XTB Demo |
AvaTrade Demo |
NordFX Demo |
FxPro Demo |
Admiral Markets Demo |
FXPrimus Demo |
Eightcap Demo |
ForTrade Demo |
Interactive Brokers Demo |
Excluded Countries | US, IR, CA, NZ, JP | AU, BE, BQ, BR, CA, CW, CZ, DE, ES, EE, EU, FM, FR, FI, GW, ID, IR, JP, LR, MP, NL, PF, PL, RU, SE, SJ, SS, SL, SI, TL, TR, DO, US, IT, AT, PT, BG, HR, CY, DK, FL, GR, IE, LV, LT, MT, RO, SK, CH | US, IN, PK, BD, NG , ID, BE, AU | BE, BR, KP, NZ, TR, US, CA, SG | US, CA, EU, RU, SY, KP, CU | US, CA, IR | US, CA, JP, SG, MY, JM, IR, TR | AF, CI, CU, IQ, IR, LY, MM, KR, SD, PR, US, AU, SY, DZ, JP, EC. | US | US | US |
You can compare Small Accounts ratings, min deposits what the the broker offers, funding methods, platforms, spread types, customer support options, regulation and account types side by side.
We also have an indepth Top Small Accounts for 2024 article further below. You can see it now by clicking here
We have listed top Small accounts below.