Ranking

Best brokers with no minimum deposit 2026

No minimum deposit does not automatically make a small account sensible. Watch per-order minimums, inactivity fees and custody costs — they eat a small portfolio faster than any price move. With little capital, fractional share trading matters more than the minimum deposit itself. The list also includes brokers with a token floor of up to EUR 1; each profile states the exact minimum deposit.

Investor's country

Shows only brokers that accept clients from the selected country.

brokers rated: 45
Data as of: 30 Aug 2026

Country of residence:No country of residence chosen — all offers are shown.

No minimum deposit

The top 3 in detail

Why these three lead — derived from the criteria this category weights most heavily.

Advertising disclosure: where a partnership is active, we may earn a commission through broker links. The provider’s terms apply. Commissions do not influence our ratings; paid placements are separately labelled as sponsored.

Charles Schwab

The full-service US giant that also owns thinkorswim, a professional-grade trading platform.

Ahead on Safety & regulation (4.9) and Education (4.6) — together those two carry 26% of this category's weighting.

USD 0 commission on every online listed US stock and ETF order, with no share cap and no proprietary-fund restrictions
thinkorswim desktop, web and mobile are included free — full options chains, thinkScript, backtesting and paperMoney simulation
Options at USD 0.65 per contract, with the fee waived on buy-to-close orders at USD 0.05 or less
Around 7,700 no-transaction-fee mutual funds in Mutual Fund OneSource, plus USD 0 new-issue Treasuries at auction

Group index 93/100Protection depends on your legal entity

SECFINRAFDIC

StocksETFsOptionsFuturesForexBondsFundsCommodities+1

4.6

Category score

Overall score: 4.6 / 5

Strengths in this category

Fees40%

4.6

Account opening18%

4.3

Mobile app16%

4.4

Safety & regulation16%

4.9

Stocks (per order): Free
Minimum deposit: None
FX conversion: 1 %

Open account Read review

Investing involves risk. Your capital is at risk.

Risk warning: CFDs and other leveraged products are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how these products work and whether you can afford to take the high risk of losing your money.

Fidelity Investments

The research-and-education benchmark for US investors, with the cheapest funds in the industry attached.

4.6

Ahead on Education (4.8) and Fees (4.7) — together those two carry 50% of this category's weighting.

USD 0 online US stock and ETF commissions, and Fidelity does not accept payment for order flow on equity orders
Zero-expense-ratio index mutual funds (the FZROX family) — no other major US broker matches this on fund cost
Options exercise and assignment cost USD 0, and buy-to-close orders at USD 0.65 or less are free

Group index 73/100Protection depends on your legal entity

SECFINRA

StocksETFsOptionsCryptoBonds+2

Strengths in this category

Fees40%

4.7

Account opening18%

4.2

Mobile app16%

4.6

Stocks (per order): Free
Minimum deposit: None
FX conversion: 1 %

Open account Read review

Investing involves risk. Your capital is at risk.

Interactive Brokers

The cheapest serious route to almost every market on earth — if you can live with the learning curve.

4.5

Ahead on Fees (4.9) and Safety & regulation (4.8) — together those two carry 56% of this category's weighting.

US stocks from USD 0.0035 per share on the Tiered plan, minimum USD 0.35 per order and capped at 1% of trade value
Currency conversion at 0.20 basis points (minimum USD 2) — an order of magnitude cheaper than most European brokers' 0.25%–1.5%
Roughly 160 market destinations in 36 countries from a single multi-currency account, with 28 settlement currencies

Group index 90/100Protection depends on your legal entity

SECFCA

StocksETFsOptionsFuturesForex+7

Strengths in this category

Fees40%

4.9

Account opening18%

3.5

Mobile app16%

4.3

Stocks (per order): 0.05 %
Minimum deposit: None
FX conversion: 0 %

Open account Read review

Investing involves risk. Your capital is at risk.

Also worth a look

Rank 4 and below, ordered by category score.

CMC Markets

4.4

One of the best charting packages in retail CFD trading, wrapped around a narrower product range than the market count suggests.

Technical and chart-driven traders
UK and Irish spread betting

Stocks (per order): Free (CFD)
Minimum deposit: None
FX conversion: 0.7 %

StocksETFsOptionsForex+6

Pros: Next Generation is one of the strongest charting suites bundled with a retail CFD account —115+ indicators, 70 chart patterns, 12 chart types and pattern-recognition scanners, at no extra cost
Cons: None of CMC's derivatives is exchange-traded: the options it quotes are OTC and cash-settled, and there are no cleared futures at all, so CMC is the counterparty on every derivative contract and no clearing house stands behind it

Group index 94/100

FCAASIC

Protection depends on your legal entity

Visit broker Read review

moomoo

4.3

One of the most data-rich free trading platforms on the market — if you happen to live in one of the seven countries it serves.

Data-driven active traders
US options traders

Stocks (per order): Free
Minimum deposit: None
FX conversion: n/a

StocksETFsOptionsFutures+3

Pros: Free Nasdaq TotalView Level 2 depth on the US platform — Webull charges USD 3.99 per month for comparable data
Cons: Available to residents of only seven countries — the United States, Canada, Singapore, Australia, Japan, Malaysia and New Zealand — with no EU, UK or DACH entity

Group index 86/100

FINRAMAS

Protection depends on your legal entity

Visit broker Read review

tastytrade

4.2

An options-specialist US broker: USD 1 per contract to open, closing commission-free — built by people who trade premium for a living.

Options premium sellers
High-volume multi-leg traders

USD 0 to close — No commission to close options positions

Stocks (per order): Free
Minimum deposit: None
FX conversion: n/a

StocksETFsOptionsFutures+5

Pros: Equity options are USD 1 per contract to open, USD 0 to close and capped at USD 10 per leg — large multi-leg orders scale for free
Cons: FINRA censured and fined tastytrade USD 850,000 in 2026 for failing to run adequate best-execution reviews on equity orders routed to five payment-for-order-flow market makers between 2020 and 2023

Group index 82/100

FINRASEC

Protection depends on your legal entity

Visit broker Read review

Risk warning: investing in securities involves risk. You may lose some or all of the capital you invest.

Trading 212

4.1

One of the cheapest mainstream ways to buy stocks and ETFs in Europe - 0% commission, 0.15% FX, and almost nothing else to pay.

Low-cost ETF investing
Monthly savings plans

EUR 8–100 reward — Reward via promo link or promo code

Note: this button leads to the Trading 212 home page and is not a promo link. The reward is only available through a promo link, or a promo code you enter no later than ten days after opening the account.

Stocks (per order): Free
Minimum deposit: €1
FX conversion: 0.15 %

StocksETFsForexCFDs+3

Pros: One of the lowest all-in costs among mainstream European brokers for buy-and-hold investors: no commission, no custody fee, no inactivity fee, free withdrawals with no minimum, and a 0.15% FX conversion fee.
Cons: Research is the weakest of any broker at this size. There is no meaningful screener, no analyst consensus, no fundamental data worth the name and no export tooling - you will make every decision using data from somewhere else.

Group index 75/100

FCABaFin

Protection depends on your legal entity

Visit broker Read review

Wealthsimple Trade

4.1

The best consumer app in Canadian finance, and the first broker in the country to make equity options genuinely free.

App-first Canadian investors
Options sellers and covered-call writers

Stocks (per order): Free
Minimum deposit: None
FX conversion: 1.5 %

StocksETFsOptionsFutures+3

Pros: CAD 0 commission on Canadian and US stocks and ETFs, plus USD 0 per equity and ETF options contract on every tier, including free assignment
Cons: The 1.5% CAD/USD conversion is the same as Questrade's. A USD account (CAD 10 a month on Core, free on Premium from CAD 100,000) removes it on the US trades themselves but not on the CAD you convert into it, which still costs 1.5% per transaction under CAD 10,000 and falls to 0% only from CAD 100,000; journalling at CAD 9.95 is the other way round it

Group index 69/100

CIRO

Protection depends on your legal entity

Visit broker Read review

Saxo

4.4

A Danish bank that trades like a professional platform — broad, polished, and no longer expensive.

Multi-asset portfolios
Bond investors

Tiered — Improved pricing at higher account tiers

Stocks (per order): 0.08 %
Minimum deposit: None
FX conversion: 0.25 %

StocksETFsOptionsFutures+7

Pros: Full Danish banking licence (Finanstilsynet licence 1149) and SIFI designation — a stronger structural safeguard than a broker-only permission
Cons: Currency conversion costs 0.25% over mid-market for EU and Swiss clients, and up to 0.60% at the UK entity's Classic tier — the single largest hidden cost for cross-currency investors

Group index 96/100

DFSAFCA

Protection depends on your legal entity

Visit broker Read review

XTB

4.3

One of the strongest trading platforms in the commission-free bracket - xStation 5 is a professional workspace attached to a zero-commission share account.

Serious charting on a budget
Commission-free European stocks

0% — 0% commission on stocks and ETFs up to the monthly volume cap

Stocks (per order): Free
Minimum deposit: None
FX conversion: 0.5 %

StocksETFsOptionsForex+4

Pros: xStation 5 is one of the strongest platforms in the commission-free bracket - a real screener, market heat map, sentiment data, economic calendar and news in one workspace, on web, desktop and mobile with near-identical features.
Cons: The 0.5% currency conversion charge (0.8% at weekends and on public holidays) applies whenever the instrument currency differs from your account currency. For a EUR investor buying US stocks it is charged on the way in and again on the way out, and it dwarfs the commission it replaces.

Group index 72/100

FCAKNF

Protection depends on your legal entity

Visit broker Read review

Questrade

4.2

Canada's biggest independent broker, now genuinely commission-free — with a 1.5% currency spread as the sting in the tail.

Canadian self-directed investors
Registered account investing (TFSA, RRSP, FHSA, RESP)

Stocks (per order): Free
Minimum deposit: None
FX conversion: 1.5 %

StocksETFsOptionsForex+6

Pros: CAD 0 commission on every Canadian and US stock and ETF trade, on both the buy and the sell side, with no ECN fees at all on Canadian orders
Cons: The 1.5% CAD/USD conversion charge is high and unavoidable unless you deliberately manage currency; on a CAD 20,000 US-stock purchase it costs CAD 300, dwarfing any commission saving

Group index 76/100

CIROOSC

Protection depends on your legal entity

Visit broker Read review

Webull

4.1

A desktop-grade trading terminal wrapped in a zero-commission app — with a support desk that lags badly behind the software.

US options traders
Chart-driven active traders

Stocks (per order): Free
Minimum deposit: None
FX conversion: n/a

StocksETFsOptionsFutures+5

Pros: USD 0 commission on US-listed stocks, ETFs and equity options, with no per-contract fee — index options are the only equity-derivative exception at USD 0.50 per contract
Cons: Customer support is the standing complaint: Trustpilot sits at roughly 1.3–1.4 out of 5, with transfers and account access the most common themes

Group index 86/100

FINRACFTC/NFA

Protection depends on your legal entity

Visit broker Read review

Robinhood

3.9

Equity options with no per-contract fee and one of the highest-rated trading apps in our comparison — paired with a thin research offering and penalties from the SEC, FINRA and NYDFS since 2020.

Active options traders
Mobile-first investors

Stocks (per order): Free
Minimum deposit: None
FX conversion: n/a

StocksETFsOptionsFutures+3

Pros: Equity and ETF options carry no commission and no per-contract fee — only about USD 0.04 per contract of pass-through, against USD 0.65 at Schwab and Fidelity
Cons: Four significant regulatory settlements since 2020 — SEC USD 65m in 2020, FINRA USD 57m in 2021, NYDFS USD 30m in 2022 and FINRA USD 26m plus USD 3.75m restitution in 2025 — covering order-flow disclosure, supervision, AML and reporting failures

Group index 78/100

SECFINRA

Protection depends on your legal entity

Visit broker Read review

Nordnet

4.2

The Nordic default: a listed Swedish bank with SEK 1 minimum commissions — if you live in the right four countries.

Nordic residents
Long-term ISK savers

Stocks (per order): tiered
Minimum deposit: None
FX conversion: 0.25 %

StocksETFsOptionsFutures+4

Pros: Commission from 0.25% with a SEK 1 minimum on Nordic orders up to SEK 15,600 — small monthly share purchases are genuinely viable
Cons: Residents of Sweden, Norway, Denmark and Finland only — there is no route in from Germany, Austria, Switzerland or the rest of the EU

Group index 93/100

Protection depends on your legal entity

Visit broker Read review

Risk warning: investing in securities involves risk. You may lose some or all of the capital you invest.

ThinkMarkets

4.1

Raw-spread pricing, six licences and a strong mobile app - held back by its withdrawal record.

Active FX traders
Mobile-first traders

Stocks (per order): in the spread (CFD)
Minimum deposit: None
FX conversion: n/a

StocksETFsForexCFDs+4

Pros: ThinkZero all-in EUR/USD cost of about 0.8 pips - raw spreads from 0.0 pips plus USD 3.50 per lot per side on forex and metals
Cons: 75 percent of ThinkMarkets UK retail accounts lose money trading CFDs, and disclosures across the group's entities have ranged from roughly 68 percent to 89 percent

Group index 79/100

FCAASIC

Protection depends on your legal entity

Visit broker Read review

Quick comparison

The numbers that decide this category, side by side. Scroll right on narrow screens for every column.

Best brokers with no minimum deposit — Quick comparison
Broker	Category	Overall	Fees40%	Account opening18%	Mobile app16%	Stocks (per order)	Minimum deposit	Regulation	Action
1Charles Schwab	4.6	4.6	4.6	4.3	4.4	Free	None	SECFINRA, FDIC	Visit broker Risk warning: CFDs and other leveraged products are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how these products work and whether you can afford to take the high risk of losing your money.
2Fidelity Investments	4.6	4.6	4.7	4.2	4.6	Free	None	SECFINRA, FDIC	Visit broker Risk warning: CFDs and other leveraged products are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how these products work and whether you can afford to take the high risk of losing your money.
3Interactive Brokers	4.5	4.5	4.9	3.5	4.3	0.05 %	None	SECFCA, CBI, ASIC, MAS	Visit broker Risk warning: CFDs and other leveraged products are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how these products work and whether you can afford to take the high risk of losing your money.
4CMC Markets	4.4	4.4	4.3	4.3	4.5	Free (CFD)	None	FCAASIC, BaFin, MAS	Visit broker Risk warning: CFDs and other leveraged products are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how these products work and whether you can afford to take the high risk of losing your money.
5moomoo	4.4	4.3	4.5	4.5	4.5	Free	None	FINRAMAS, ASIC, CIRO, SC	Visit broker Risk warning: CFDs and other leveraged products are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how these products work and whether you can afford to take the high risk of losing your money.
6tastytrade	4.4	4.2	4.6	4.3	4.5	Free	None	FINRASEC, NFA	Visit broker Risk warning: investing in securities involves risk. You may lose some or all of the capital you invest.
7Trading 212	4.4	4.1	4.8	4.7	4.7	Free	€1	FCABaFin, ASIC, CySEC, FSC	Visit broker Risk warning: CFDs and other leveraged products are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how these products work and whether you can afford to take the high risk of losing your money.
8Wealthsimple Trade	4.4	4.1	4.5	4.8	4.8	Free	None	CIRO	Visit broker Risk warning: CFDs and other leveraged products are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how these products work and whether you can afford to take the high risk of losing your money.

Our methodology

How we build this ranking

No editorial gut feeling — a published calculation. This category shifts the weights of our rating model towards what its audience actually needs.

Weighting in this category

45 brokers rated

The pale tick marks the weight in the general Brokaro model.

Category weight
Base model

The formula

The category score is 70% the category-specific weighting and 30% the general overall score. A strong all-rounder therefore does not drop out simply because it fails to lead one single criterion.

Category score = 0.7 × Σ(w_i × s_i) + 0.3 × Overall score

Full methodology

Requirements to be listed

A broker that misses these never appears in this list, no matter how it scores.

The minimum deposit is no higher than €1.

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Availability, regulation and tax treatment differ with your residency.

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