For you to begin trading on a binary options trading site, you need to create an account by making a deposit. The value of this deposit will vary from one broker to another. The industry sets the standard deposit at about $250, which to many traders is too high especially for those that are getting started. For new and intermediate traders, a minimum deposit should be reasonable as you could stand to lose a lot of money before you can gain experience in trading. Below are some of the best binary options brokers with a low minimum deposit to help you minimize your risk: –
Trade Thunder is a reputable binary options trading platforms that accepts traders from all over the globe, including the US. With a free demo account, you can easily consider it as the best place to get started especially if you have not traded in binary options before. Traders can get started in trading here with a minimum deposit of only $20. You can then execute each trade with as little as $1. This is the ideal site for any trader who is concerned about taking risks.
This is another broker worth your time if you want to get started low, learn about binary options trading and still get a chance to enjoy great returns out of your investments. IQ option is a perfect platform and traders are allowed a minimum deposit of only $10. This site is regulated by CySec which is a guarantee for the safety of funds on the site. Furthermore, there is an incredible 92% pay out, which is excellent for traders of all levels. The free demo account enables a trader to familiarize themselves with the trading platform before actively trading in cash. This means that once active trading begins, there is a better chance of making a viable return.
You only need a minimum deposit of $10 to start trading with this broker, which is considerably lower than majority of binary options brokers. With this deposit, you will have access to a variety of trading assets to choose from, excellent customer care support and instant help whenever you are in need. Since this site is optimized for mobile trading, you will also have a chance to trade when on the go. In addition to all these advantages, you get to enjoy a payout of up to 85%, which is a great return for your money. For a trader that wants to get started well, with minimum risk, this is the right platform for you.
This is another great broker to consider if you want to get started with a low deposit. With only $100, you can start trading. In return, you get to enjoy high payouts, which are processed within 24 hours of request; a free demo account, with no deposit required and an easy to use trading platform with excellent features. The minimum amount that you can deposit on a trade is $5. There is also the chance to get a 100% bonus on your first deposit, that extends up to the value of $1000.
If you are looking for a binary options broker that requires a very low deposit but has considerable benefits to offer traders, you will not go wrong with High Low. To start with, this broker has one of the easiest and most user friendly websites in the binary options industry today. The minimum deposit is only $20, and you can immediately begin trading. With this deposit, education and support are provided, giving you the boost you need to start trading like a pro. You can deposit a minimum of $2 for each trade. The broker also offers a free demo account to help you elevate your trading skills.
Trading platforms that have low minimum deposits are excellent for beginners. In addition, advanced traders who are trying to get familiar with a trading platform can opt for this site, so that they minimize their risk while practicing to get a good return. Having lower deposits opens up the entire industry to untapped markets.