To begin trading with a minimum amount of funds, you can create a Standard Cent account. Standard Cent accounts present the smallest minimum trading volume: the cent lot - so you can begin trading easily on any available instrument.
You can also start trading with virtual funds by opening a demo account, which is free and useful practice for aspiring traders.
However, the practical minimum amount needed to begin trading will depend on several factors, including:
- The account type of your trading account.
- The payment method used to deposit.
- Regional requirements
- Market conditions
It is important to note that for a chosen account type, minimum deposit requirements may differ between the first deposit and subsequent deposits. After the first deposit, the minimum amount depends only on the chosen payment method.
Account type
Standard account and Standard Cent account types have low minimum first deposit requirements, depending on the payment method chosen and/or the geographical location. Professional account types have a minimum first-time deposit of at least 200 USD (depending on the regional requirements).
To check these specifics:
- Log in to your Personal Area (PA) and go to Trading, then Accounts.
- Click Open account to view the minimum first-time deposit amounts displayed by account type.
Payment method
Each payment method available in your Personal Area (PA) will have a minimum deposit amount, which must be met before funds can be deposited into your trading accounts. These limits are applicable each time you make a deposit. Choose the preferred method based on the availability in your Personal Area (PA).
Regional requirements
Some regions differ in terms of minimum first-time deposits and the payment methods available. It’s best to confirm these when you log into your Personal Area (PA).
Market conditions
Market conditions can impact the practical minimum amount required to trade, such as current spread and the margin requirement. These dynamic conditions are continuously changing based on market conditions. The best practice is to confirm these as you trade. If you would like a real-time calculation of the required margin, you can use our trading calculator.