The Top 5 Best Forex Brokers with a $10 Minimum Deposit revealed. We have rated and reviewed the best Forex Brokers with a 10 Minimum Deposit.
This is a complete listing of The 5 Best Forex Brokers with a $10 Minimum Deposit.
In this in-depth write-up, you will learn:
- Who is the Best Low Deposit Broker for Beginners?
- Low Minimum Deposit Accounts in South Africa.
- Can I open a Forex account with $10?
- Low or No Minimum Deposit Forex Brokers
- MT4 / MT5 USD 10 Minimum Deposit Brokers
- Pros and Cons of Low Deposit Trading.
10 Best Forex Brokers in South Africa for 2025
Rank
Broker
Review
Regulators
Min Deposit
Official Site
10 Best Forex Brokers in South Africa for 2025
Rank
Broker
Review
Regulators
Min Deposit
Official Site
5 Best Forex Brokers with a $10 Minimum Deposit (2025) – A Comparison
| 🔎 Broker | 🚀 Open an Account | 💰 Minimum Deposit | 📈 Leverage (Up to) | 🔁 Spreads (from) |
| 🥇 Libertex | 👉 Open Account | $10 USD / 182 ZAR | Up to 1:500 | Tight spreads, commission-based |
| 🥈 RoboForex | 👉Open Account | $10 USD / 182 ZAR | 1:2000 | 0.0 Pips |
| 🥉 IQ Option | 👉Open Account | $10 USD / 182 ZAR | 1:30 | 0.6 Pips |
| 🏅 Exness | 👉 Open Account | $10 USD / 182 ZAR | Up to 1:Unlimited | From 0.3 pips |
| 🥈BDSwiss | 👉 Open Account | $10 USD / 182 ZAR | Up to 1:2000 | 0.6 Pips |
$10 Minimum Deposit – A Definition
In forex trading a minimum deposit amount of $10 allows traders to open their trading account for forex activities.
The option from brokers enables new and minimal-capital investors to begin trading forex.
The advantage of small minimum deposits is market entry with low financial risk yet such a condition sometimes results in restricted account features increased spreads and limited leverage.
5 Best Forex Brokers with a $10 Minimum Deposit (2025)
- ☑️Libertex – SA Broker with Low Minimum Deposit.
- ☑️RoboForex – Best Trading App with Minimum Deposit.
- ☑️IQ Option – Overall, the best broker with a USD 10 minimum deposit.
- ☑️Exness – Wide Range of Assets.
- ☑️BDSwiss – Multi-asset online trading platform.
1. Libertex
This minimum deposit, starting from 10 dollars, makes Libertex one of the cheapest brokers who accept small initial investments.
Libertex charges for the commission in the trades it executes on various kinds of financial instruments Forex, stocks, and commodities.
It boasts of high leverage of up to 1:500 and a simple trading platform therefore, it targets newbies and seasoned traders alike.
With such an unprecedentedly low barrier to entry, manifest in unmatched trading conditions with tight spreads and regulated activity, Libertex is very alluring to a budget trading audience.
Min Deposit
USD 10
Regulators
CySEC
Trading Platform
MT4, MT5, Libertex Platform
Crypto
Yes
Total Pairs
0
Trading Fees
Low
Account Activation
24 Hours
Featured
| 🔍 Broker | 🥇 Libertex |
| 📉 Regulation and Licenses | None |
| 🎁 Bonuses | ✅Yes |
| ⏰ Support Hours | 24/5 |
| 📊 Trading Platforms | Libertex App, MetaTrader 4, MetaTrader 5 |
| 🖱️ Account Types | Libertex Portfolio, Libertex CFD Account |
| 🪙 Base Currencies | EUR, GBP, USD, CHF, PLN |
| 📌 Spreads | From 0.0 pips EUR/USD |
| 📍 Leverage | Up to 1:1000 |
| 💷 Currency Pairs | 50+; major, minor, and exotic pairs |
| 💶 Minimum Deposit | 10 USD |
| 💵 Inactivity Fee | 10 EUR after 6 months of inactivity |
| 🔊 Website Languages | English, Spanish, Vietnamese, Chinese |
| 💴 Fees and Commissions | Spreads from 0.0 pips, commissions vary |
| 🥰 Affiliate Program | ✅Yes |
| 🅰️ Scalping | ✅Yes |
| 🅱️ Hedging | ✅Yes |
| 📐 Trading Instruments | Forex, metals, indices, soft commodities, ETFs, bonds, energies |
| 🚀Open an Account | 👉 Open Account |
Libertex Minimum Deposit
The minimum deposit required to register a Libertex l trading account is USD 10. Libertex offers two live trading accounts the Portfolio and CFD Accounts.
| Account types: | 🌐 Libertex Portfolio | 🌐 Libertex CFD |
| 💳 Minimum deposit | $50 | $10 |
| ZAR | R800 ZAR | R1 600 ZAR |
| 📉 Risk | Low | High |
| 📌 Open an account | 👉 Open Account | 👉 Open Account |
Pros and Cons
| ✅ Pros | ❌ Cons |
| Offers a user-friendly trading platform | A limited selection of financial instruments |
| Offers the popular MetaTrader4 and MetaTrader 5 | Libertex charges additional fees and commission such as inactivity fee, withdrawal fee, and transaction fee |
| Low minimum deposit requirement of R160 ZAR | Libertex offers a low leverage ratio of 1:30 for retail clients |
| An attractive ‘zero spreads’ model | Offers only one account type that limits traders and investors |
2. RoboForex
RoboForex, an online brokerage established in 2009, provides trading services across various financial instruments: forex, stocks, commodities, and cryptocurrencies.
The International Financial Services Commission (IFSC) regulates the brokers in Belize.
This offers a degree of oversight; however, it may not be as stringent as regulations from other jurisdictions.
The brokerage supports multiple trading platforms, including MetaTrader 4, MetaTrader 5, and its proprietary R Trader platform, providing users with various tools for analysis and trading.
RoboForex also strongly emphasizes educational resources, offering webinars, tutorials, and market analysis to assist traders in making informed decisions.
Although the broker’s regulatory framework provides some level of security, it may not be as robust as that offered by jurisdictions with more stringent oversight.
Min Deposit
USD 10
Regulators
IFSC
Trading Platform
MT4, MT5
Crypto
No
Total Pairs
36
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
Featured
| 🔍Broker's Name | 🎖️Roboforex |
| 📍 Headquartered | Cyprus |
| 📅 Year Founded | 2009 |
| ⚖️ Regulating Authorities | CySEC, IFSC |
| 🌐 Countries not accepted for trade | US, Canada, Australia, and Japan |
| ☪️ Islamic account (swap-free) | Yes |
| 👍 Demo Account | Yes |
| 📊 Institutional Accounts | Yes |
| 📊 Managed Accounts | Yes |
| 📈 Maximum Leverage | 1:2000 |
| 💰 Minimum Deposit | $10 |
| 💳 Deposit Options | Bank transfer, card payment, e-wallets like Skrill, Neteller, POLi, FasaPay and more. |
| 💳 Withdrawal Options | Bank transfer, card payment, e-wallets like Skrill, Neteller, POLi, FasaPay and more. |
| 💻 Platform Types | MetaTrader 4 (MT4), MetaTrader 5 (MT5), cTrade |
| 📱 OS Compatibility | Mac, Windows, Web, Mobile Android, iPhone, iPad. |
| 📈 Tradable assets offered | Currency pairs, Metals, CFD on US stocks, CFD on Indices, CFD on Oil and Cryptocurrencies |
| 👨💼 Languages supported on Website | Russian, Melayu, Portuguese, Polish, Ukrainian, Spanish, Arabic, Italian, Chinese, German, Japanese, Czech, Estonian, Latvian, Tiếng Việt, and more. |
| 👥 Customer Support Languages | 18 languages including Russian, Melayu, Portuguese, Polish, Ukrainian, Spanish, Arabic, Italian, Chinese, German, Japanese, Czech, Estonian, Latvian, Tiếng Việt, and more. |
| 📆 Customer Service Hours | 24/7 (only in 11 of the above languages) |
| 👉Open Account | 👉 Open Account |
RoboForex Minimum Deposit
The minimum deposit required to open a RoboForex Account is USD 10. RoboForex provides five live trading accounts: Prime, ECN, R.StocksTrader, ProCent, and Pro.
| 🔎 Account | 🥇 Prime | 🥈 ECN | 🥉 R.StocksTrader | 🏅 ProCent | 📌 Pro |
| 💰 Minimum Deposit | $10 USD | $10 USD | 📍 $100 USD | $10 USD | $10 USD |
| 🚀 Open an Account | Open Account | Open Account | Open Account | Open Account | Open Account |
Pros and Cons
| ✅ Pros | ❌Cons |
| Excellent Asset Selection | Limited Crypto Selection |
| Wide range of trading instruments (12,000+) | High leverage can increase risk for inexperienced traders. |
| Low minimum deposit (starting at $10 USD) | Withdrawal fees can be higher for certain methods. |
| High leverage available (up to 1:2000) | Limited regulatory oversight for some regions. |
| CopyFX platform for copy trading | Bonus programs may be restricted in certain regions. |
| Fast account setup and funding options | Customer support response can be slow during busy times. |
| Offers VPS hosting for automated trading | Not available to U.S. clients due to regulations. |
| Free demo accounts available | High inactivity fees for dormant accounts. |
| Tight spreads on ECN accounts | Spreads on standard accounts can be wider. |
| Regular bonuses and promotions | Bonus conditions may be complex to fulfill. |
3. IQ Option
IQ Option is a well-known online trading platform that was established in 2013.
It is best known for its intuitive user interface and wide selection of trading instruments, which include CFDs, FX, stocks, ETFs, cryptocurrencies, and binary options.
The broker makes trading accessible to novice and seasoned traders by providing live trading accounts and demo accounts with virtual funds.
IQ Option seeks to give a broad range of traders access to an inclusive trading environment with minimal minimum deposit requirements.
The platform’s highly adjustable and award-winning trading interface allows users to customize their trading experience to suit their preferences.
Min Deposit
USD 10
Trading Platform
Proprietary Platform
Crypto
Yes
Account Activation
24 Hours
Total Pairs
0
Islamic Account
Yes
Trading Fees
Low
General Risk Warning: The financial products offered by the company carry a high level of risk and can result in the loss of all your funds. You should never invest money that you cannot afford to lose
Featured
| Company Information | |
| 📅Year Founded | 2013 |
| Current CEO | Dmitry Zaretsky |
| Founder/s | Dmitry Zaretsky |
| 🧑🏻💻Amount of staff | Over 800 |
| 👩💻Amount of active traders | Over 48 million |
| 🌐Publicly Traded (Listed Company) | No |
| Regulation and Security | |
| 🛡️Regulation | CySEC |
| 🌎Country of regulation | Cyprus |
| 💻Account Segregation | Yes |
| 🪫Negative balance protection | Yes |
| Two-step Authentication | Yes |
| Stop-loss Instrument | Yes |
| 🔋Investor Protection Schemes | Yes, under CySEC regulation |
| Account Types and Features | |
| ➕Accounts | Training account Real account VIP account |
| 💳Institutional Accounts | No |
| 👨💼Managed Accounts | No |
| 📇Minor account currencies | Yes (EUR, USD, GBP) |
| 💰Minimum Deposit | $10 USD/171.27 ZAR |
| Trading Conditions | |
| 🕞Average deposit/withdrawal processing time | 1-3 business days |
| 🪙Fund Withdrawal Fee | No, but third-party fees may apply |
| 📊Spreads from | 0.6 pips |
| 💸Commissions | None |
| 💱Number of base currencies supported | 3 (USD, EUR, GBP) |
| 🚀Swap Fees | Yes, swap fees apply for overnight positions |
| 📈Leverage | 1:30 (for retail traders in Europe); higher for pro traders |
| 📏Margin requirements | Variable, depending on asset and account type |
| ☪️Islamic account (swap-free) | Yes |
| 💻Demo Account | Yes, free with $10,000 virtual funds |
| ⌛Order Execution Time | In seconds |
| 📆VPS Hosting | No |
| Trading Instruments | |
| 🧾CFDs-Total Offered | 300+ |
| 🗠CFD Stock Indices | Yes |
| ⚖️CFD Commodities | Yes |
| 📜CFD Shares | Yes, over 180 shares available |
| Watch list | Yes, customizable |
| Trade Alerts | Yes |
| Trading Indices with GP | Yes |
| Trading Stocks with GP | Yes |
| Swap on trading board | Yes |
| Deposits and Withdrawals | |
| 💳Deposit Options | Bank transfers, credit cards, e-wallets (Skrill, Neteller) |
| 💵Withdrawal Options | Same as deposit methods |
| Welcome Bonus | No, IQ Option does not offer a welcome bonus |
| Trading Platforms and Tools | |
| 💻Trading Platforms | IQ Option proprietary platform |
| 👩💻OS Compatibility | Windows, Mac, iOS, Android |
| 🖥️Forex trading tools | Yes, including charts and indicators |
| Customer Support | |
| 🗣️Live chat availability | Yes |
| 📱Customer Support email address | [email protected] |
| 📞Customer Support Contact Number | Not publicly listed, available via email and chat |
| 👾Social media Platforms | Facebook, Twitter, Instagram |
| 🗣️Languages supported on Website | Multiple languages, including English, Spanish, French |
| Educational Resources and Support | |
| Beginners Trader friendly UX | Yes |
| 🖺Forex course | Yes |
| 🧏♀️Webinars | Yes, periodic webinars |
| 📚Educational Resources | Yes, videos, articles, and tutorials |
| Partnerships and Programs | |
| 🪪Affiliate program? | Yes |
| 👨🏫Amount of partners | 284 325 |
| 📋IB Program | Yes |
| 🏃♂️➡️Do they sponsor any notable events or teams? | Yes |
| 🪙Rebate program | No |
| Commission Fee | None on most accounts |
| Social Platforms | |
| Official Facebook Page | Yes |
| Official Twitter Page | yes |
| Official Youtube Channel | yes |
| Official Linkedin Page | yes |
| Official Instagram Page | yes |
| Official Website address | yes |
| South African Trader Specific Information | |
| Does IQ Options Accept South African Traders? | Yes |
| Is IQ Options regulated by the South African regulatory body (FSCA)? | No, it is regulated by CySEC (Europe) |
| Does IQ Options offer an Affiliate Program for South African Traders? | Yes |
| Does IQ Options allow opening trading accounts in ZAR (South African Rand)? | No, accounts are opened in USD, EUR, or GBP |
| 👉Open Account | Open Account |
IQ Option Minimum Deposit
The minimum deposit required to open an IQ Option Account is USD 10. IQ Option offers two live trading account types: IQ Option Real and IQ Option VIP.
| 🔎 Account | 🥉 Demo | 🥈 Real | 🥇 VIP |
| 💰 Minimum Deposit | Free | $10 USD | Account available to clients that deposit significant amounts. |
| 🚀 Open an Account | Open Account | Open Account | Open Account |
Pros and Cons
| ✅Pros | ❌ Cons |
| Low minimum deposit ($10 USD) | Limited assets compared to other brokers (fewer CFDs) |
| Free demo account with $10,000 virtual funds | Inactivity fee ($10 after 90 days of inactivity) |
| No commissions on trades | Limited regulation (only CySEC, no global licenses) |
| Wide range of payment methods (credit card, e-wallets, bank transfers) | Swap fees for holding positions overnight |
| Regulated by CySEC | No VPS hosting for traders |
| Responsive mobile app | Limited advanced trading tools (compared to MetaTrader) |
| Fast order execution | Customer support can be slow during peak times |
| Access to educational resources | No direct phone support (only via email or chat) |
| Offers multiple asset classes (Forex, stocks, cryptocurrencies, etc.) | Not available to U.S. clients |
| Two-step authentication for added security | No support for third-party platforms (like MetaTrader) |
| User-friendly proprietary platform | Limited assets compared to other brokers (fewer CFDs) |
4. Exness
Exness is known to be quite an accessible broker with a very low minimum deposit: from just $10 for the Standard Account minimal amount allowing all kinds of traders to go into its vast treasury of financial instruments: forex, cryptocurrencies, and commodities.
Exness did even more convenience for traders, with good trading conditions: spreads from 0.3 pips, and leverage up to 1: Unlimited.
Having probably the best online trading platform and supporting maximum transparency, Exness stands in a good position to provide low-cost trading and flexibility.
Min Deposit
USD 10
Regulators
CBCS, CySEC, FCA, FSA, FSC, FSCA, CMA
Trading Platform
MT4, MT5, WebTerminal, Exness Terminal
Crypto
Yes
Featured
| Category | Details |
| Company Information | |
| 🏷️Company Name | Exness |
| 📍Headquarters Location | Cyprus |
| 📅Year Established | 2008 |
| 👤CEO/Founder | Exness was co-founded by a group of partners. |
| 🌐Global Offices | Multiple locations worldwide |
| 🔖Licensing Body | FCA (UK), CySEC (Cyprus), FSA (Seychelles), etc. |
| 👥Group Companies | Exness Limited, Exness (Cyprus) Ltd |
| 🏛️Business Model | Market Maker, ECN/STP |
| 🌍Operational Languages | English, Arabic, Spanish, and others |
| 🏆Awards & Recognitions | Numerous industry awards |
| Regulation and Security | |
| 🛡️Regulation | FSA, CBCS, FSC, FSC BVI, FSCA, CySEC, FCA, CMA |
| ✔️Compliance Standards | High compliance with industry standards |
| 💼Client Fund Segregation | Yes |
| 🪫Negative balance protection | Yes |
| 🕵️♂️Financial Conduct Oversight | Strong regulation by global bodies |
| 💰Insurance Coverage | Yes, up to €20,000 (FCA regulated) |
| 📋AML & KYC Policy | Strong anti-money laundering and KYC procedures |
| 🔒Security of Trading Platform | SSL encryption, 2FA security measures |
| 🛡️Investor Compensation Fund | Yes |
| 🖥️Cybersecurity Measures | Advanced cybersecurity protocols |
| Account Types and Features | |
| ⚙️Standard Account | Available for retail traders |
| 📊ECN Account | Yes |
| 🌙Islamic Account | Yes |
| 🎮Demo Account | Yes |
| 👑VIP Account | Yes, for high volume traders |
| 💵Minimum Deposit | $10 USD / R178 ZAR |
| 💱Base Currencies | USD, EUR, GBP, and others |
| ⚖️Leverage Options | Up to 1:2000 |
| 📈Spreads (Fixed/Variable) | Variable spreads |
| 🔄Swap-Free Accounts | Yes |
| 🌐Account Currency Conversion | Available |
| 🚨Margin Call Level | 50% |
| ❌Stop-Out Level | 20% |
| 🔄Hedging Allowed | Yes |
| ⚡Scalping Allowed | Yes |
| 🔁Copy Trading Support | Yes |
| 👥Social Trading Features | Yes |
| 💼Managed Accounts | Yes |
| Trading Conditions | |
| 🔍Average Spreads | From 0.1 pips |
| 💲Commissions per Trade | Depends on account type |
| 🔢Leverage Range | Up to 1:2000 |
| 🚀Execution Speed | Fast, with low latency |
| 📊Order Execution Type | Market Execution, Instant Execution |
| 🔄Slippage Policy | Minimal slippage |
| 📏Margin requirements | 50% |
| ⏹️Stop-Loss and Take-Profit Orders | Yes |
| 🔁Trailing Stops | Yes |
| 🕑Pending Orders | Yes |
| 🔽Partial Fills | Yes |
| 🧾Dividend Adjustments | Yes |
| 🌙Overnight Swap Fees | Yes |
| 📆Rollover Policy | Yes |
| 🛑Guaranteed Stop Loss | No |
| Trading Instruments | |
| 💹Forex Currency Pairs | Yes |
| 🪙Precious Metals (Gold/Silver) | Yes |
| 📈Indices | Yes |
| 🌾Commodities | Yes |
| ⛽Energies (Oil/Natural Gas) | Yes |
| ₿Cryptocurrencies | Yes |
| 📉Stocks | Yes |
| 🗂️ETFs | Yes |
| 🏛️Bonds | Yes |
| 📜Futures Contracts | Yes |
| 🛡️Options Contracts | Yes |
| ⚖️CFDs (Contracts for Difference) | Yes |
| 🔣Swap on Trading Board | Yes |
| 🔀Leveraged Instruments | Yes |
| 🎯Micro-Lot Trading | Yes |
| 💸Spread Betting | Not available |
| 🧺Currency Baskets | Yes |
| Deposits and Withdrawals | |
| 💳Deposit Methods | Credit/Debit Cards, Bank Transfers, E-Wallets (Skrill, Neteller, etc.), Cryptocurrencies (Bitcoin, Ethereum, etc.) |
| 💵Withdrawal Methods | Credit/Debit Cards, Bank Transfers, E-Wallets (Skrill, Neteller, etc.), Cryptocurrencies (Bitcoin, Ethereum, etc.) |
| ⏱️Processing Time for Deposits | Instant to 1-2 business days |
| 🕒Processing Time for Withdrawals | 1-2 business days |
| 🚫Deposit Fees | No |
| 💵Withdrawal Fees | No |
| 🔢Minimum Deposit Amount | $10 USD / R178 ZAR |
| 📉Minimum Withdrawal Amount | $3 |
| 🚪Maximum Withdrawal Limit | No limit |
| 💱Supported Currencies | USD, EUR, GBP, JPY, etc. |
| ₿Crypto Deposits & Withdrawals | Yes |
| 🏦Bank Wire Transfers | Yes |
| 💳Credit/Debit Cards | Yes |
| 📲E-Wallets (Skrill, Neteller, etc.) | Yes |
| 🏘️Local Payment Methods | Yes, region-specific |
| Trading Platforms and Tools | |
| 💻MetaTrader 4 (MT4) | Yes |
| 👩💻MetaTrader 5 (MT5) | Yes |
| 🖥️Proprietary Platform | No |
| 📱Mobile Trading App | Yes |
| 🌐Web-Based Platform | Yes |
| 🤖Trading Bots | Yes |
| 🖧VPS Services | Yes |
| 🔌API Connectivity | Yes |
| 📉Charting Tools | Advanced charting available |
| 🧮Custom Indicators | Yes |
| 🧠Market Sentiment Analysis | Yes |
| 📩Trading Signals | Yes |
| 🏷️Advanced Order Types | Yes |
| ⚠️Risk Management Tools | Yes |
| 📅Economic Calendar | Yes |
| 📰Market News Feed | Yes |
| Customer Support | |
| 📞Support Channels | Phone, email, live chat |
| 🗨️Live Chat Availability | Yes |
| 📧Email Support | Yes |
| 📱Phone Support | Yes |
| 🌍Multilingual Support | Yes |
| ❓Help Center/FAQ | Yes |
| 👨💼Dedicated Account Manager | Yes |
| ⏲️Response Time (Live Chat) | Less than 1 minute |
| 🕒Response Time (Email) | Within 24 hours |
| ⭐Support Rating | 4.5/5 |
| Educational Resources and Support | |
| 🎥Webinars | Yes |
| 🏫Seminars | Yes |
| 📖Trading Tutorials | Yes |
| 📊Market Analysis Reports | Yes |
| 📚E-Books | Yes |
| 🎬Video Library | Yes |
| 📜Glossary | Yes |
| ❔FAQs | Yes |
| 🆕Beginner Guides | Yes |
| 🚀Advanced Trading Strategies | Yes |
| Partnerships and Programs | |
| 📋IB Program | Yes |
| 🪪Affiliate program? | Yes |
| 🏷️White Label Solutions | Yes |
| 🎁Partnership Rewards | Yes |
| 🏛️Institutional Solutions | Yes |
| 🔌API Partnership | Yes |
| 🤝Referral Program | Yes |
| Fees & Charges | |
| 💳Deposit Fees | No |
| 📤Withdrawal Fees | No |
| 💤Inactivity Fee | Yes |
| 🌜Overnight Fees (Swaps) | Yes |
| 💱Conversion Fees | Yes |
| 💰Commission on Trades | Yes |
| Market Research Tools | |
| 📅Economic Calendar | Yes |
| 📰Market News | Yes |
| 📩Trading Signals | Yes |
| 🔧Technical Analysis Tools | Yes |
| 💭Sentiment Analysis | Yes |
| Additional Features | |
| 👥PAMM/MAM Accounts | Yes |
| 🔗Social Trading Platform | Yes |
| 🏆Trading Competitions | Yes |
| 🎁Loyalty Rewards | Yes |
| 👑Exclusive VIP Perks | Yes |
| Promotions & Bonuses | |
| 🎁Welcome Bonus | Yes |
| 💵Deposit Bonus | Yes |
| 🏅Trading Contests | Yes |
| 🌟Seasonal Promotions | Yes |
| 🎖️Loyalty Programs | Yes |
| User Experience & Reviews | |
| 🖥️User Interface Quality | Easy-to-use interface |
| 🔒Platform Stability | High stability |
| 📱Mobile App Reviews | 4.5/5 on app stores |
| ⭐Overall User Rating | 4.5/5 |
| 🌟Trustpilot Rating | 4.5/5 |
| 😟Common Complaints | Occasionally slow withdrawals |
| Mobile | |
| 📱Mobile App Name | Exness Trader |
| 🛠️Developer | Exness |
| 📅Release Year | Ongoing updates |
| 💻OS Compatibility | iOS, Android |
| 🌐Languages Supported | Multiple languages |
| 📈Trading Instruments | Forex, crypto, commodities, stocks |
| 🔄Real-Time Data | Yes |
| 🛠️Charting Tools | Advanced |
| 📊Order Types Supported | Market, Limit, Stop |
| 🚀Order Execution Speed | Fast |
| 🔔Custom Alerts | Yes |
| 🤝Beginner-Friendly | Yes |
| 🔐Security Features | 2FA, SSL encryption |
| 🖥️Synchronization | Yes |
| 💰Deposit and Withdrawal | Yes |
| 📝Account Types Accessible | All account types available |
| 🔄Switch Accounts | Yes |
| 💬In-App Support | Yes |
| 📚Educational Resources | Yes |
| 🎯Watchlist | Yes |
| 🌙Dark Mode | Yes |
| 🌐Social Trading | Yes |
| AI Trading Resources | |
| 🤖AI Integration | Yes |
| 📊Data Analysis | Yes |
| 📈Predictive Analytics | Yes |
| 🛠️Customizable Strategies | Yes |
| 📉Risk Management Tools | Yes |
| 🧑🏫Trading Insights | Yes |
| 🚀Execution Optimization | Yes |
| 🔄Portfolio Rebalancing | Yes |
| 📚AI Tutorials | Yes |
| 🎥Video Demonstrations | Yes |
| 🧑🤝🧑Webinars | Yes |
| 🔍AI-Powered Search | Yes |
| 🌟Beginner-Friendly | Yes |
| 🖥️Platform Availability | Desktop and mobile |
| 📈Backtesting Capability | Yes |
| 🛠️Strategy Builder | Yes |
| 🔔Alerts and Notifications | Yes |
| 🔒Data Protection | Yes |
| 👁️🗨️Transparency | Yes |
| Social Media Platformst | |
| Yes | |
| Yes | |
| 🐦X | Yes |
| Yes | |
| 🎥YouTube | Yes |
| 👉Open Account | 👉 Open Account |
Exness Minimum Deposit
The minimum deposit required to open an Exness Account is USD 10. Exness offers four live trading account types: Standard, Standard Cent, Pro, Zero, and Raw Spread.
| 📈 Standard Account | 💹 Raw Spread Account | 🌐 Zero Account | 📊 Pro Account | |
| 💳Minimum Deposit | $10 ( ZAR R160 ) | $500 ( ZAR R8000 ) | $500 ( ZAR R8000 ) | $500 ( ZAR R8000 ) |
| ⏱Deposit activation duration | Up to 72 hours | Up to 72 hours | Up to 72 hours | Up to 72 hours |
| 📉Leverages | 1:2000 | 1:2000 | 1:2000 | 1:2000 |
| 📈Spreads | 0.3 | 0.0 | 0.0 | 0.0 |
| 📊Commissions | No | Up to 3.5 USD | Up to 3.5 USD | No trading commission |
| 📝Order Executions | Market | Market | Market | Market |
| ☪️Swap- Free | ✔️Yes | ✔️Yes | ✔️Yes | ✔️Yes |
| 👉Open an Account | 👉 Open Account | 👉 Open Account | 👉 Open Account | 👉 Open Account |
Pros and Cons
| ✅ Pros | ❌ Cons |
| Highly Regulated | Limited Local Support |
| Competitive Trading Conditions | High Leverage Risks |
| Low Minimum Deposit | Complex Fee Structure |
| Variety of Trading Instruments | Withdrawal Fees |
| Educational Resources | Platform Limitations |
| Local Currency Accounts | Customer Service Variability |
| Demo Accounts | Regional Variations in Service |
| VPS Hosting Available | Potential Over-Reliance on Automation |
5. BDSwiss
BDSwiss serves as an online trading platform that enables users to exchange different financial assets including foreign exchange, stocks, and commodities together with cryptocurrencies.
Through its platform, BDSwiss delivers trading tools together with market analysis services and customer assistance to its user base.
The financial authorities of BDSwiss include both the Cyprus Securities and Exchange Commission (CySEC) and the Financial Services Commission (FSC) of the British Virgin Islands.
Min Deposit
USD 10
Regulators
FSCA, FSC, FSA, MISA
Trading Platform
MT4, MT5, WebTrader, BDSwiss app
Crypto
Yes
Total Pairs
53
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
Featured
| 🔍Feature | ℹ️ Information |
| ⬆️Maximum Leverage | Default Leverage - 1:400 Dynamic Leverage - 1:2000 |
| 🖥️Trading Platforms | MT4, MT5, WebTrader, BDSwiss app |
| ⚖️Regulators | ZAR, USD, EUR, GBP |
| 👤Account Types | Cent Classic VIP Zero Spread |
| 💰Minimum Deposit | 190 ZAR ($10) |
| 🔁 Spreads | From 0.0 pips |
| 🛍️ Tradable assets offered | Forex, Stocks, Indices, Commodities, Cryptocurrencies |
| 📈Minimum Trading Size | 0.01 lot |
| #️⃣ Margin Call | 50% |
| ⛔Stop-Out | 20% |
| 💳 Deposit and Withdrawal Options | Credit/Debit card, Bank Wire, Skrill, NETELLER, Astropay, PIX, LATAM APMs, Crypto, Online Banking, EFTpayment, Ozow, Mobile Money (M-PESA, Airtel, Tigo Pesa, Vodacom, Orange), Open Banking, Globepay, UPI, GCash, PayMaya, QR Codes. |
| 💴Deposit Currencies | ZAR, USD, EUR, GBP |
| 🎁Bonuses and Promotions for South Africa Traders | No |
| 📒 Demo account | Yes |
| 💴Offers USD/ZAR currency pair | Yes |
| 📱 OS Compatibility | PC and Mac OS, mobile for Android and IOS |
| 📰 News Trading | Yes |
| 📌Johannesburg Stock Exchange (JSE). | Yes |
| ☪️ Islamic account (swap-free) | Yes |
| ☎ Customer Support | 24/5 |
| 🤝 Accepts South African traders | Yes |
| 👉Open Account | 👉 Open Account |
BDSwiss Minimum Deposit
BDSwiss offers Classic, Zero-Spread, Cent*, and VIP accounts. With the BDSwiss Classic account, you can have spreads starting from 1.3 and with the Cent account, you can have spreads from 1.6.
| 🥇Cent | 🥈Classic | 🥉 VIP | 🏅Zero-Spread | |
| 💰Minimum Deposit | $10 (ZAR 150) | $10 (ZAR 150) | $250 (ZAR 4500) | $100 (ZAR 1800 ) |
| ⏲️Deposit activation duration | Bank transfer: 2-5 working days. SEPA /Local transfers: usually same day Other payment methods: Instant | Bank transfer: 2-5 working days. SEPA & local transfers: usually the same day Other payment methods: Instant | Bank transfer: 2-5 working days. SEPA & local transfers: usually the same day Other payment methods: Instant | Bank transfer: 2-5 working days. SEPA & local transfers: usually the same day Other payment methods: Instant |
| 🚀Open Account | 👉 Open Account | 👉 Open Account | 👉 Open Account | 👉 Open Account |
Pros and Cons
| ✅Pros | ❌ Cons |
| 'Coverage in multiple jurisdictions including the FSCA in South Africa'. | No trading bonus for loyal customers |
| Massive variety of tradable options | |
| Platforms offer lots of advanced features for technical analysis and decision-making | |
| Ultra-fast execution of trades | |
| Variable spreads |
Conclusion
As you can see, all the Top 10 brokers are well-established and have significant regulations and trust scores.
We advise that you read through and see which broker will fit your trading needs. We can highly recommend any of the above.
You might also like: FXTM Review
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Disclaimer
Traders need to understand and remember that CFDs are leveraged, complex products that may be accompanied by the risk of incurring losses that may exceed the trader’s initial deposit.
Traders need to ensure that they understand their risk exposure and determine whether the risk involved is suited to them before making trading decisions that could result in loss of capital.
Frequently Asked Questions
Can I start forex trading in South Africa with USD 10?
Yes, starting forex trading in South Africa with a minimum deposit of USD 10 is possible.
Are there any reliable USD 10 minimum deposit brokers in South Africa?
Many reliable USD 10 minimum deposit brokers accept South African Traders, including FXTM.
Are there any disadvantages to using a $10 minimum deposit forex broker?
Yes. A disadvantage of using a USD 10 forex broker includes limited trading options and a higher risk due to the small deposit size.
What types of accounts are available with a $10 minimum deposit forex broker?
USD 10 minimum deposit. Forex brokers generally offer Micro or Standard Accounts.
Is it possible to profit with a $10 minimum deposit in a Forex account?
Yes, it is possible to make a small profit with a minimum deposit of USD 10 in a Forex account.
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