The forex trading space in India has exploded in popularity over the last few years. More and more retail traders, especially Gen Z and millennials, are venturing into the forex market, seeking high volatility and lucrative opportunities. However, a major entry barrier for many beginner traders is the initial deposit requirement.
That’s where apps with low minimum deposits come in — making forex trading accessible to students, freelancers, and budget-conscious investors alike.
In this detailed 2025 guide, we break down the best forex apps offering the lowest deposit thresholds while ensuring reliability, regulation, and powerful features for Indian users.
🔹 Why Minimum Deposit Matters in Forex Trading
A low minimum deposit isn’t just a budget-friendly feature. It reflects the app’s intention to onboard beginners and allow users to test waters without major financial commitment.
🔸 Many Indian users are looking for ways to build skills and confidence before committing large capital.
🔸 Lower deposits mean less pressure to perform and lose money, especially for first-time traders.
🔸 It allows broader participation from Tier II and Tier III cities, where disposable income might be limited.
🔹 Top Forex Apps with Lowest Minimum Deposits in 2025
Let’s explore the top apps that are beginner-friendly, regulated, and demand very little initial investment.
1. Exness
🔸 Minimum Deposit: ₹0 (Yes, zero)
🔸 Why it stands out: Exness is a hit among Indian users for its no-barrier entry model. You can open a real trading account without any minimum deposit. Perfect for absolute beginners testing strategies with micro-lots.
🔸 Pros:
- ₹0 minimum deposit
- Tight spreads and leverage options
- Fast deposits and withdrawals
- Excellent mobile app for on-the-go trading
🔸 Cons:
- Not regulated by SEBI (international regulation only)
- Limited Indian payment gateways
2. FBS Trader
🔸 Minimum Deposit: $1 (Approx. ₹83)
🔸 Why it’s great: With an ultra-low deposit requirement, FBS gives Indian traders the chance to start with as little as the price of a coffee. Also offers cent accounts, perfect for training.
🔸 Pros:
- $1 minimum makes it highly beginner-friendly
- Cent accounts for low-risk learning
- Cashback and promotions for Indian users
🔸 Cons:
- App UI could be improved
- Limited educational content
3. OctaFX
🔸 Minimum Deposit: ₹350
🔸 Why we recommend it: OctaFX is widely used in India, thanks to their UPI integration and good customer support. ₹350 is still very reasonable to enter forex trading with good features.
🔸 Pros:
- Accepts UPI, Paytm, local wallets
- Decent MT4/MT5 integration
- Copy trading options
🔸 Cons:
- Bonus schemes can be confusing
- Verification delays during high traffic
4. XM Forex
🔸 Minimum Deposit: $5 (Approx. ₹415)
🔸 Why it’s on the list: For those looking to use a well-established and reputed broker, XM strikes a balance between low deposit and solid platform reliability.
🔸 Pros:
- $5 entry is fair for its platform quality
- Offers bonus and no-deposit promo accounts
- Multiple account types
🔸 Cons:
- Limited crypto deposit options
- App design is a bit dated
5. FXTM (ForexTime)
🔸 Minimum Deposit: $10 (Approx. ₹830)
🔸 Why it’s worth considering: FXTM is a solid app for both beginners and intermediate traders, offering tiered account types. Their customer support is responsive in India.
🔸 Pros:
- Competitive spreads and leverage
- MT4 & MT5 support
- Offers Indian languages in app and chat
🔸 Cons:
- ₹830 may still be steep for students
- Some withdrawal fees
🔹 Important Note: Regulation vs. Low Deposit
Always remember: just because an app offers a super-low deposit doesn’t mean it’s always a safe option. Many low-deposit apps are offshore regulated, which may not offer the same protection as SEBI-registered platforms.
What to look for:
🔸 International regulation (FCA, CySEC, etc.)
🔸 Transparent fees
🔸 Educational tools for beginners
🔸 Localized payment options for Indians (UPI, Paytm, etc.)
🔹 Final Thoughts: Which One Should You Choose?
If you’re just starting out and want to test the waters without risking much money, Exness and FBS are clear leaders due to their zero-to-$1 deposit entry.
However, if you want a more localized experience with strong customer support, OctaFX and XM are better bets, even if the deposit is slightly higher.
Ultimately, the “best” app depends on your style — do you value ultra-low deposit, app UI, regulation, or educational support?
