Invesing in Forex with only 5 USD with the Best Forex Brokers in the world
Did you know that you can start trading Forex with only a few dollars?
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Are you interested in trading Forex, but still hesitating to do it because you are afraid of losing your money?
Invesing in Forex with only 5 USD with the Best Forex Brokers in the world
Firstly you may need to know that you can even start investing in Forex with only a few dollars, or sometimes only 1 dollar.
Check out the Forex brokers you can invest with from a small amount.
For example, you can deposit only a few dollars to your Forex trading account with your credit card and start trading Forex immediately.
“A few dollars” is really a small amount for trading Forex though, it is still the amount which you can use to make profits.
But, how is that possible and how does that work?
“Leverage” to increase your trading volume
If you already know how the “Forex Leverage” works, please skip to the next title below.
“Leverage” is an ability to trade larger volume than your account balance. It is given by your Forex broker, and the “Leverage” is one big reason why Forex is traded actively in the retail market.
If the Leverage is 1:500, which is the average leverage among Forex brokers in the world, then you can trade 500 times more than the actual account balance.
In this case, if your account balance is 1,000 USD, then you can trade up to 500,000 USD.
Higher the leverage, higher the trading volume you can trade and higher the risk exposures.
“The Best Forex Brokers” which requires only 5 USD
Trading Stocks, Bonds or Commodities may require you a least a thousand dollars to start with. But you don’t really need to have such large amount of fund to start investing your money.
Here are some of the Best Forex Brokers where you can start trading Forex with only 5 USD.
FBS
The Micro account of FBS is available with minimum required deposit of 5 USD. The maximum leverage available with the Micro Account is 1:3000, the highest leverage in the world.
With 5 USD and 1:3000 leverage, you can trade up to 15,000 USD worth of trading positions.
You don’t have 15,000 USD? Don’t worry, because you only need 5 USD to trade that large amount in the Forex market with FBS.
The general Trading Conditions of FBS’s Micro Account is as follows.
Trading Platform | |
---|---|
Tradable Instruments | |
Business Model | |
Execution Type | |
Minimum Deposit | $5 |
Base Currency Options | |
Leverage | 3,000:1 |
Spread Type | Fixed |
Minimum Spread | Trade from 3 pips |
Negative Balance Protection | Available |
Minimum transaction size | 0.01 lots |
Maximum transaction size | 500 |
Decimal Pricing | 5 digits |
Margin Call % | 40% |
Stop Out % | 20% |
EA (Automated Trading) | Allowed |
Scalping | Allowed |
Hedging | Allowed |
News Time | Allowed |
HotForex
HotForex’s Micro Account is also available from 5 USD. The available maximum leverage in the account is 1:1000, so you can trade up to 5,000 USD worth of trading positions with only 5 USD.
HotForex offers twice more than the average leverage among Online Forex Brokers.
The broker offers great opportunities for traders with small amount of money available.
The main Trading condition of HotForex’s Micro Account is as follows.
Trading Platform | |
---|---|
Tradable Instruments | |
Business Model | |
Execution Type | |
Minimum Deposit | $5 |
Base Currency Options | |
Leverage | 1,000:1 |
Spread Type | Variable |
Minimum Spread | Trade from 1 pips |
Negative Balance Protection | Available |
Minimum transaction size | 1 lots |
Maximum transaction size | 5 standard lots |
Decimal Pricing | 5 digits |
Margin Call % | 40% |
Stop Out % | 10% |
EA (Automated Trading) | Allowed |
Scalping | Allowed |
Hedging | Allowed |
News Time | Allowed |
XM
XM’s Standard and Micro account are available with only 5 USD of minimum deposit too.
You can deposit in a number of different currencies to reach that amount which are AUD, CHF, EUR, GBP, HUF, PLN, RUB, SGD, USD and ZAR.
The maximum leverage of these account types are 1:888. So with only 5 USD, you can trade up to 4440 USD worth of trading positions with XM.
The main trading conditions of Standard and Micro accounts are as follows.
Trading Platform | |
---|---|
Tradable Instruments | |
Business Model | |
Execution Type | |
Minimum Deposit | $5 |
Base Currency Options | |
Leverage | 888:1 |
Spread Type | Variable |
Minimum Spread | Trade from 1 pips |
Negative Balance Protection | Available |
Minimum transaction size | 0.01 lots |
Maximum transaction size | 50 |
Decimal Pricing | 5 digits |
Margin Call % | 50% |
Stop Out % | 20% |
EA (Automated Trading) | Allowed |
Scalping | Allowed |
Hedging | Allowed |
News Time | Allowed |