Top 3

Best Mini Forex Account Brokers

Best Forex Brokers for 2022

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
4.7/5
 Bonus: 100% up to No limit Min. Deposit: - Max. Leverage: 1:1,000 Regulation:
  • IFSC
  • CySec
 Visit FBS FBS review
HYCM
4.55/5
 Bonus: 10% up to $5000 Min. Deposit: $100 Max. Leverage: 1:20 | 1:500 Regulation:
  • FCA
  • CySec
 Visit HYCM HYCM review
AvaTrade
4.4/5
 Bonus: 20% up to $10,000 Min. Deposit: $100 Max. Leverage: 1:20 | 1:400 Regulation:
  • ASIC
  • CySec
  • FSCA
 Visit AvaTrade AvaTrade review
Alpari
4.25/5
 Bonus: Min. Deposit: $5 Max. Leverage: 1:400 Regulation:
  • FSC
 Visit Alpari Alpari review
FP Markets
4.1/5
 Bonus: Min. Deposit: $100 Max. Leverage: 1:500 Regulation:
  • ASIC
  • SVGFSA
 Visit FP Markets FP Markets review
IG
3.95/5
 Bonus: Min. Deposit: - Max. Leverage: 1:200 Regulation:
  • FCA
  • EU MiFID II
 Visit IG IG review
eToro
3.8/5
 Bonus: Min. Deposit: - Max. Leverage: 1:30 Regulation:
  • CySEC
  • ESMA
  • MiFID
 Visit eToro eToro review
OctaFX
3.65/5
 Bonus: 10%-100% Min. Deposit: $20 Max. Leverage: 1:500 Regulation:
  • CySEC
  • MiFID
  • ESMA
 Visit OctaFX OctaFX review
XTB
3.5/5
 Bonus: Min. Deposit: - Max. Leverage: 1:500 Regulation:
  • FCA
  • CySEC
  • CNMV
 Visit XTB XTB review
FXTM
3.35/5
 Bonus: Min. Deposit: - Max. Leverage: 1:200 Regulation:
  • FCA
  • CySEC
 Visit FXTM FXTM review
Interactive Brokers
3.2/5
 Bonus: Min. Deposit: - Max. Leverage: 1:30 | 1:50 Regulation:
  • FINRA
  • FCA
  • ESMA
 Visit Interactive Brokers Interactive Brokers review
Saxo Bank
3.05/5
 Bonus: Min. Deposit: - Max. Leverage: 1:66 Regulation:
  • FSMA
  • FCA
  • DFSA
 Visit Saxo Bank Saxo Bank review
Forex.com
3/5
 Bonus: Min. Deposit: - Max. Leverage: 1:300 Regulation:
  • CFTC
  • FCA
  • ASIC
 Visit Forex.com Forex.com review
Markets.com
3/5
 Bonus: Min. Deposit: - Max. Leverage: 1:300 Regulation:
  • CySEC
  • FSC
  • FSCA
 Visit Markets.com Markets.com review
CMC Markets
3/5
 Bonus: Min. Deposit: - Max. Leverage: 1:500 Regulation:
  • FCA
  • ESMA
  • BaFin
 Visit CMC Markets CMC Markets review
Vantage FX
3/5
 Bonus: 50% Min. Deposit: $200 Max. Leverage: 1:500 Regulation:
  • ASIC
  • FCA
  • VFSC
 Visit Vantage FX Vantage FX review
easyMarkets
3/5
 Bonus: 50% Min. Deposit: $25 Max. Leverage: 1:200 | 1:400 Regulation:
  • CySEC
  • ASIC
 Visit easyMarkets easyMarkets 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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