Best Mini Forex Account Brokers

Best Forex Brokers for 2021

Broker Bonus Deposit* Leverage* Regulation Visit
XM
5/5
Bonus: 15% up to $500 Min. Deposit: $200 Max. Leverage: 1:30 | 1:200 Regulation:
  • IFSC
  • ASIC
  • CySec
Visit XM XM review
FBS
4.5/5
Bonus: 100% up to No limit Min. Deposit: - Max. Leverage: 1:1,000 Regulation:
  • IFSC
  • CySec
Visit FBS FBS review
HYCM
4.25/5
Bonus: 10% up to $5000 Min. Deposit: $100 Max. Leverage: 1:20 | 1:500 Regulation:
  • FCA
  • CySec
Visit HYCM HYCM review
AvaTrade
4/5
Bonus: 20% up to $10,000 Min. Deposit: $100 Max. Leverage: 1:20 | 1:400 Regulation:
  • ASIC
  • CySec
  • FSCA
Visit AvaTrade AvaTrade review
Alpari
3.75/5
Bonus: Min. Deposit: $5 Max. Leverage: 1:400 Regulation:
  • FSC
Visit Alpari Alpari review
FP Markets
3.5/5
Bonus: Min. Deposit: $100 Max. Leverage: 1:500 Regulation:
  • ASIC
  • SVGFSA
Visit FP Markets FP Markets review

The above table contains the top ranked forex brokers in our database for opening a mini account.

What is a mini forex account?

A mini account is in between a micro and standard account, meaning that each “mini lot” traded is worth 1/10th of a standard lot and 10 times that of a micro lot.

Mini accounts are very good for traders who feel comfortable in trading lots that are more than what micro accounts allow but not quite up to the challenge of trading standard lots. We have assessed the brokers in our database to score them in the following categories:

  • Currency pairs – The number of currency pairs available to trade
  • Minimum deposit – How much is required to open an account
  • Spreads – How low the spreads are for major currency pairs compared to other accounts

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