What is the lowest deposit available?

Several brokers start at $5 with $1 trade sizes — enough to verify a full deposit-trade-withdraw cycle.

Can I deposit in rupees?

Most brokers price accounts in USD and convert on deposit. Check the conversion spread and any bank charges before funding.

Are there deposit fees?

The brokers listed do not charge one, though payment processors may.

Binary options brokers with the lowest minimum deposit

A low minimum lets you test the withdrawal process with money you can afford to lose before scaling up. Every broker below opens a live account from $5 to $10 with no deposit fee — check the minimum withdrawal amount as well.

How we ranked this list

Live account from $10 or less
No deposit fee
Minimum withdrawal in proportion to the deposit
Trade sizes from about $1

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

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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

Visit Broker Read review

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

Visit Broker Read review

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

Visit Broker Read review

Frequently asked questions

What is the lowest deposit available?: Several brokers start at $5 with $1 trade sizes — enough to verify a full deposit-trade-withdraw cycle.
Can I deposit in rupees?: Most brokers price accounts in USD and convert on deposit. Check the conversion spread and any bank charges before funding.
Are there deposit fees?: The brokers listed do not charge one, though payment processors may.

Other broker shortlists

For beginners Highest payouts Accepts US traders