Trading CFDs carries a high risk of losing money rapidly. Confirm this broker's current loss-rate disclosure and regulated entity before opening an account. Read the full risk disclosure.
Data-led broker guide
Best brokers with no minimum deposit
We selected brokers whose listed minimum deposit is $0. This page contains 12 matching brokers; 12 hold at least one tier 5 licence in our catalogue. The lowest listed minimum deposit is $0 at HFM. The lowest advertised spread is 0.0 pips at HFM. The most common platforms are MetaTrader 4 (9), MetaTrader 5 (6), TradingView (5).
Some figures on this page are taken from broker-published information and have not yet been checked against current terms. Confirm details on the broker's website.
Last updated: · Reviewed by BrokaBoy Research Team
How we picked these brokers
Filter: The broker's listed minimum deposit is $0.
Order: Brokers are ranked by BrokaBoy score.
Commissions never change ranking order on this page. Read our methodology.
Ranked brokers
HFM
Multi-regulated broker formerly trading as HotForex
Affiliate link - see our Methodology
CMC Markets
Advanced charts, LSE-listed
Affiliate link - see our Methodology
Saxo Bank
Licensed Danish bank offering deep multi-asset market access
Affiliate link - see our Methodology
IG
FTSE-listed global leader in CFDs and spread betting
Affiliate link - see our Methodology
OANDA
Precision pricing since 1996
Affiliate link - see our Methodology
ThinkMarkets
Multi-regulated broker with its own ThinkTrader platform
Affiliate link - see our Methodology
Interactive Brokers
Global multi-asset broker for serious investors
Affiliate link - see our Methodology
Swissquote
Swiss bank offering forex and multi-asset trading
Affiliate link - see our Methodology
Fusion Markets
Low-cost Australian broker with tiny commissions
Affiliate link - see our Methodology
Global Prime
Execution-transparency focused Australian broker
Affiliate link - see our Methodology
XTB
FeaturedTrusted since 2002
Affiliate link - see our Methodology
Hantec Markets
Established broker with sponsorship-backed brand
Affiliate link - see our Methodology
Affiliate link - see our Methodology
Top brokers compared
Swipe sideways to see every column.
| # | Broker | BrokaBoy score | Listed min deposit | Advertised spread | Leverage | Platforms |
|---|---|---|---|---|---|---|
| 1 | HFM | 9.7/10 | $0 | 0.0 pips | 1:2000 (entity dependent) | MT4, MT5, HFM App |
| 2 | CMC Markets | 9.3/10 | $0 | 0.0 pips | 1:30 | Next Generation, MetaTrader 4, CMC Mobile |
| 3 | Saxo Bank | 9.1/10 | $0 | 0.4 pips | Up to 1:30 (retail, EU/UK) | SaxoTraderGO, SaxoTraderPRO, SaxoInvestor |
| 4 | IG | 9.0/10 | $0 | 0.6 pips | Up to 1:30 (retail, UK/EU) | IG Web Platform, ProRealTime, MT4 |
| 5 | OANDA | 9.0/10 | $0 | 0.0 pips | 1:50 (entity dependent) | OANDA Trade, MetaTrader 4, TradingView |
| 6 | ThinkMarkets | 8.9/10 | $0 | 0.0 pips | Up to 1:500 (entity dependent) | MetaTrader 4, MetaTrader 5, ThinkTrader |
| 7 | Interactive Brokers | 8.8/10 | $0 | 0.1 pips | 1:30 | Trader Workstation, IBKR Mobile, IBKR Desktop |
| 8 | Swissquote | 8.5/10 | $0 | 0.0 pips | 1:100 | MetaTrader 4, MetaTrader 5, Advanced Trader |
| 9 | Fusion Markets | 8.3/10 | $0 | 0.0 pips | 1:500 (entity dependent) | MetaTrader 4, MetaTrader 5, cTrader |
| 10 | Global Prime | 8.2/10 | $0 | 0.03 pips | 1:1000 | MetaTrader 4, MetaTrader 5, cTrader |
Deposit and trading costs
The catalogue does not show a consistent relationship between lower deposits and wider advertised spreads in this group.
Minimum deposits and account pricing can vary by entity, region and account type. Confirm current terms before funding an account.
Frequently asked questions
Which broker with no minimum deposit has the highest BrokaBoy score?+
HFM leads this group with a BrokaBoy score of 9.7/10, calculated from advertised catalogue data.
How many brokers have no minimum deposit?+
12 brokers in the current catalogue have a listed minimum deposit within this limit.
Which matching broker has the lowest advertised spread?+
HFM lists the lowest advertised starting spread in this group at 0.0 pips.
Does a low minimum deposit mean a broker is cheaper?+
Not necessarily. Spreads, commissions, swaps and withdrawal terms can matter more than the opening deposit. Confirm the full pricing schedule.