The original spread broker with low deposits.
There are many advantages to trading with a raw spread account, especially when you need a low initial deposit cost, here are the best low deposit raw spread brokers。
There are many advantages to trading with a raw spread account, especially when you need a low initial deposit cost, here are the best low deposit raw spread brokers。
It is a common misconception that you need to invest a lot of money in order to trade forex。As the Forex industry grows and the system improves, more people can start trading more easily。Quite a few brokers today offer lower minimum deposits to attract more small investment clients。Many brokers offer lower deposits for their original spread accounts to win customers。
Although many brokers offer raw spreads, which offer low commissions?Here are some of the best brokers that offer low deposit raw spread accounts。
IC Markets
IC Markets is an international broker focused on CFDs, founded in 2007, with relatively rich experience in the industry.。In order to compete with other trusted brokers, they decided to offer an original spread account with a minimum deposit of $200。This has significantly increased their popularity, especially among traders who are not yet ready to invest heavily in the industry。In addition, the account allows you to trade with the lowest spreads and commissions。
IC Markets International Capital Markets Pty Ltd.) an online forex brokerage company operated under。Traders under Australian jurisdiction offer trading services at IC Markets-AU, which is based in Australia and licensed by the Australian Securities and Investments Commission (ASIC).。
On the other hand, non-Australian traders who open accounts with the broker are registered under the Seychelles-based IC Markets SEY and are regulated by the Seychelles Financial Services Authority (SFSA).。This dual operation is the result of the Australian Securities and Investments Commission's relatively new rules, which prohibit its regulated brokers from providing trading services outside Australia.。
IC MarketsClassified as an ECN broker offering clients MetaTrader 4, MetaTrader 5 and cTrader as platform trading options。The broker also follows market trends with cryptocurrencies as one of its products, enriching its already wide selection of trading assets, including currencies, indices, metals, energy, software, stocks and bonds.。
IC Markets "minimum deposits are at a moderate level compared to other ASIC-regulated brokers, as each customer has a deposit of $200.。Market analysis materials are also regularly prepared for trading insights on the official website of IC Markets, proving their ability to provide traders with important content created specifically for the market experts they work for.。
For payment methods, IC Markets allows financing and withdrawals via wire transfers, credit cards, PayPal, Skrill, Neteller, FasaPay, UnionPay, and BitPay's Bitcoin。The more interesting aspect of the broker is its multiple base currencies, including the US dollar, Australian dollar, euro, British pound, Singapore dollar, New Zealand dollar, Japanese yen, Swiss franc, Hong Kong dollar and Canadian dollar。
Due to the trading technology of IC Markets equipped with highly centralized servers and extremely low latency (especially on cTrader), the broker is well known for its ability to host traders with special needs for high-frequency trading and order brushing。
In summary, IC Markets is the right destination for active traders looking for well-regulated brokers。IC Markets is also flexible in terms of base currency and payment methods, which demonstrates their commitment to welcoming traders from outside their home countries.。By the end of 2019, IC Markets was offering websites in 18 international languages, including English, Korean, Indonesian, French, Spanish, Italian, Malay, German and Chinese.。
RoboForex
Founded in 2009, RoboForex is one of the most trusted brokers in the industry。They are offshore companies, so they offer really good assets at market competitive prices, and they also offer original spread accounts with a minimum deposit of $10.。
With this original spread account, you can access 36 currency pairs, metals, CFDs and cryptocurrencies。Despite being an offshore broker, they have fairly good reviews and have built a trustworthy reputation for themselves in the forex space over the years。
RoboForex is known as one of the most committed brokers to the advancement of trading technology, with a wide range of services, from beginners to experienced traders who seek a complex trading environment with similar ECN spreads and execution。Founded in 2009 and headquartered in Belize, RoboForex is registered under the Belize IFSC and successfully attracts customers with a leverage ratio of up to 1: 2000.。
As for services for European traders, RoboForex operates exclusively a different brand called RoboMarkets, which is still a member of the head office (Robo Holding Company) and has an office in Cyprus.。The business is licensed by the Cyprus Securities and Exchange Commission (CySEC)。
RoboForex is committed to being at the forefront of high-tech forex brokers, offering a variety of trading platform options including MetaTrader 4, MetaTrader 5, cTrader, social platforms and its proprietary platforms。
Trading instruments range from currencies to metals, indices, energy, stocks, ETFs and cryptocurrencies。In addition to basic services, RoboForex trading also presents a series of unique features, such as the PAMM system and the social trading network developed under its own brand CopyFX, ETFs and stocks, with thousands of available trading assets, small spreads, and payment methods via Bitcoin and Ethereum.。
In addition to wire transfers and credit cards, RoboForex accepts payments through a surprising online gateway。Alternatives are Skrill, Neteller, FasaPay, UnionPay, WebMoney, Perfect Money, Qiwi and other similar online payments。
After opening an account, traders can start with a minimum deposit as low as $10 in a professional account。To be specific, here is a short description of each type of account a trader can choose in RoboForex:
Pro-Standard
- Minimum deposit: $10
Spread: 1.From 3 o'clock
Minimum order quantity: 0.01
Leverage: up to 1: 2000
ECN-Pro
- Minimum deposit: $10
Spread: from 0 o'clock
Minimum order quantity: 0.01
Leverage: up to 1: 300
Prime
- Minimum deposit: $5,000
Spread: from 0 o'clock
Minimum order quantity: 0.01
Leverage: up to 1: 100
Pro-Cent
- Minimum deposit: $10
Spread: 1.From 3 o'clock
Minimum order quantity: 0.1
Leverage: up to 1: 2000
R Trader
- Minimum deposit: $100
Spread: 0.From $01
Minimum order quantity: 1 stock
Leverage: up to 1: 200 (during the trading session) and up to 1: 4 (after the trading session)
The R Trader account marks RoboForex's attempt to distinguish between forex and stock trading conditions。The platform used in this particular account appears to be an internal product of RoboForex, designed for online trading of stocks.。
Despite being an offshore regulatory entity, RoboForex is an outstanding broker。RoboForex not only successfully offers a variety of trading techniques, but also focuses on stock trading for more conservative traders.。However, it is also important to note that RoboForex is one of the few brokers that boldly offers extremely high leverage ratios of 1: 2000.。
LiteFinance
LiteFinance, formerly also known as LiteForex, is a Forex broker known for its social trading platform and raw spread accounts.。Founded in 2005 and based overseas, they offer original spread accounts with a minimum deposit of $50.。Please note that the account charges approximately 0 per lot.$5 commission, which is actually one of the best rates in the industry, and you can even use this account to access their social trading platform for free。
LiteForex is regulated by the Cyprus Securities and Exchange Commission (CySEC) and the European Securities and Markets Authority (ESMA).。However, in addition to operating in Cyprus, LiteForex also expanded into the Marshall Islands.。Here, LiteForex is not regulated by any financial regulator and operates under the name LiteForex Investments Limited (unlike CySEC-regulated LiteForex Europe Limited).。
According to the experience of some traders registered with LiteForex, the company does not strictly restrict traders in the EU to only use LiteForex Europe Limited。Such traders can be publicly registered under LiteForex Investments Limited and are not subject to the higher leverage limit issued by ESMA。
LiteForex's trading assets include currencies, metals, oil, CFD stocks, global indices and cryptocurrencies.。What's more, the broker offers traders the opportunity to trade shares of more than 40 large U.S. companies in CFDs.。
Supported by the MetaTrader 4 and 5 platforms, LiteForex traders are free to trade a variety of instruments using the most well-known techniques in trading。It is also a portal to access an extremely wide range of custom indicators and EA trading options that everyone can discuss and download in the MQL4 and MQL5 sites。
ECN and Classic are the only account types offered by LiteForex。Despite being relatively limited, account selection has successfully met the needs of most traders, especially those with early to mid-level trading experience.。
Interestingly, LiteForex claims to be able to provide ECN traders with the equivalent of daily accumulated available margin 2.5% annual interest。As a complement, LiteForex has also built a social trading system, which is completely similar to a social media platform, with special features based only on the usual trading needs。The platform can also be easily integrated with the trader's member area。
When it comes to payment methods, LiteForex offers a wide range of options, from standard bank transfers to electronic payments like Skrill and Neteller.。The broker is also known for its ongoing zero-fee program, which exempts traders from the additional cost of each method of payment.。
Liteforex not only works to ease the trader's experience in payments and trading, but is also considered to be one of the first brokers to initiate a penny account innovation for small traders, hence the name "Lite."。However, the company's focus seems to have changed over the years, so they have now chosen to limit their services to ECN and Classic Traders only.。
In addition, LiteForex has been serving retail traders around the world since 2005, an achievement that many forex companies have been unable to achieve.。Therefore, it can be concluded that although LiteForex is an offshore Forex broker, its durability of more than 10 years is enough to gain the trust of retail traders。
Notable is their expansion into Asian countries and their enthusiastic efforts to penetrate the market deeply.。Not only the language support on the official website, LiteForex also maximizes its commitment by providing local payments and other methods tailored specifically for traders in each country。
To get traders involved in more trading activities, LiteForex also hosts seasonal trading contests and various promotional bonuses.。Their image on numerous review sites also suggests relative safety for retail traders。
However, LiteForex offers its services worldwide in the capacity of LiteForex Investments Limited, which is not yet registered in any financial regulations.。If an adverse event occurs in the future, this may cause merchants to encounter difficulties in filing complaints and claims。
LiteForex has been serving traders since 2005 and it is safe to say that trading at LiteForex is quite reliable, especially given its position as an offshore broker。
Axiory
Axiory is a global Forex and CFD broker。It was founded in 2011 and is relatively new to the industry.。Being located overseas, they are able to offer their clients more financial assets to trade, making them very popular with traders around the world.。
They are also known for having a minimum deposit requirement of $10 for certain account types, including Alpha accounts, which are original spread accounts.。The spread of the account starts at 0 and charges about 1.$5 / hand commission。
Blackwell Global
Blackwell Global is an international company providing a wide range of financial services, founded in 2010, with offices worldwide and headquarters in the UK.。To promote their services, the minimum deposit is $1 for all account types, including their original spread accounts, which offer the lowest spreads, with commissions of about $9 per lot.。It is a highly trusted broker as it is regulated by the best regulators, including the UK's Financial Conduct Authority (FCA).。
Forex4You
Forex4You is an offshore forex broker。Despite being founded in 2007, they have yet to win the trust of global traders.。In order to promote their services, the minimum deposit requirement for accounts is $1, including their original spread account, with spreads starting at 0 and commissions of $8 per lot.。This broker is not regulated by any trusted regulated broker and should therefore trade with caution。
Forex4you has largely gone unnoticed since offering its services in 2007, although its trading conditions are considered one of the most flexible among other forex brokers.。The broker is based in the British Virgin Islands and is currently regulated by the British Virgin Islands Financial Services Commission (BVIFSC), the local financial regulator.。
After opening an account at Forex4you, traders can choose leverage up to 1: 1000 thanks to the relatively loose policy of the BVIFSC。Forex4you classifies account types by execution, with two of the four available accounts using instant execution (Cent and Classic), while the remaining two require market execution (Cent NDD and Pro STP)。For traders who choose an instant execution account, no trading commission will be charged, but the spread is a bit high because it is in the range of 2 points (the lowest); on the other hand, despite the commission of $8 per lot, the account type with market execution function can still provide 0.Floating spread of 1 point。
Forex4you does not offer an overnight interest-free feature, so the broker is not Sharia-compliant。Nevertheless, it is worth noting that the broker offers an alternative to trading on the platform, so if traders feel restricted by MetaTrader4, they can try to trade on another platform with a new interface。The platform is Forex4you's unique trading technology, available on WebTrader and mobile apps。
Forex4you also highlighted their own social trading platform, Share4you, which allows all traders to play the role of leader or follower.。Both sides have a common advantage because the leader can get additional fees from followers, and followers can follow orders to make trading easier and more reliable because the signals come from more experienced traders。
In addition to innovations in trading platforms and social trading facilities, Forex4you is also quite transparent in terms of liquidity providers for its forex pairs.。However, they do not have a specific page of contract specifications specifically for other classes of assets。
Payment methods in Forex4you are very limited and only available for bank transfers, Neteller, Skrill, WebMoney and credit cards (Visa and Master cards)。The broker claims to have more than a million accounts worldwide, so Forex4you is one of the stable-performing forex brokers, even if its popularity hasn't skyrocketed because of an intense marketing program.。
What makes Forex4you trading stand out is the remaining cent account, which allows traders to trade at contract sizes as low as 1,000 units per lot.。Ultra-small trading volumes have been notorious for traders who want to trade in real accounts with very low risk。However, as retail traders appear keen to take on more risk, the number of brokers offering the cent function is tapering off.。However, Forex4you still retains its cent account, not only offering one type, but also two execution types, so beginners can make their own choices in terms of commission or other spreads。
All in all, if you are looking for flexible trading conditions and an advanced social trading platform, Forex4you is one of the top choices for forex brokers。In addition, the remaining cents account offers an interesting option even for experienced traders looking for an alternate account to try out new strategies。Nevertheless, since the company is registered in an offshore jurisdiction, large transactions are not recommended。
ForexChief
Forex Chief is an offshore broker that trades around 35 financial assets, including foreign currency pairs, CFDs and other derivatives.。They were founded in 2018 and are relatively new to the industry.。
They offer original spread accounts with a minimum deposit of $10。With this account you can get the lowest spread with a commission of $15 per lot。But commissions are quite high compared to other brokers.。They are not regulated by any of the top brokers, so their high commissions simply don't make sense。
Some of the low deposit raw spread account products you found may be a marketing trick to lure you。Therefore, it is important to know the background and reputation before deciding which broker to choose, especially if you are a beginner。
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