Guide

The advertised minimum is bait

$1 at FBS. $5 at XM. $10 at Exness. The smallest numbers in the industry are its hardest-working marketing — and the same affiliate pages quietly print the real number somewhere else.

Facts checked on October 22, 2026

An accepted minimum is a machine setting: the smallest deposit the platform will take. A viable minimum is an arithmetic fact: the smallest account where spread, conversion and one ordinary losing streak do not decide the outcome before any method can. Confusing the two is the most expensive reading error a beginner makes.

The receipts

Affiliate pages for the Philippines advertise $1–$10 minimums in their tables — and admit in their own FAQs that ₱5,000–10,000 ($200–500) is the practical start. The $200–500 figure is not our invention; it is the industry's own footnote, printed where it cannot hurt conversion. We simply promote the footnote to the headline.

The arithmetic

At the smallest sensible lot sizes, one normal trade risks roughly $3–$10. Sound sizing (risk about 1% per trade) needs about 100 times the unit risk. Add a month of spread and conversion costs — which at tiny sizes run to several percent of the account monthly — and the floor lands near $200 for most markets and rails. Below it, the toll, not the trading, is the main event: StartOrWait derives the same floor from the market side, market by market.

Why the bait works

A $10 deposit converts a browser into a 'funded account' — the event affiliates are paid up to $1,850 for. The platform can afford the gift: sub-viable accounts churn, re-deposit, and churn again. The viable minimum is the number nobody in that chain is paid to print. It is now printed, per country, on every country page of this site.

The trap

'Start with $10 and learn' sounds humble and is usually the most expensive tuition structure available: the lesson taught is that costs eat accounts, learned with real money, repeatedly.

Before any deposit, run the whole check

The free check gives you the verdict for one country and one broker. The Deposit Safety Kit gives you the complete walkthroughs: how to verify the entity in the broker's own legal footer, where on your regulator's site the register and the warning lists live, how to read a compensation scheme, and the first-withdrawal test protocol — deposit small, withdraw first, then decide.

Included in the $39 Deposit Safety Kit

See the Deposit Safety Kit

Sources: the brokers' own legal and entity pages as published on the check date; the Reserve Bank of India Alert List; the UK Financial Conduct Authority Register and Warning List; the Australian Securities and Investments Commission registers; Bappebti (Indonesia) licensed and blocked lists; CVM (Brazil) declaratory acts; the FSCA (South Africa) FSP register; the Capital Markets Authority (Kenya) licensee list; the Securities and Exchange Commission (Philippines) advisory list; SECP/PMEX (Pakistan) membership; SEC Nigeria and Central Bank of Nigeria publications. Affiliate bounty figures from the programs' own published terms (Exness, XM, Plus500, eToro affiliate pages). If a fact has moved since our check date, the regulator's or broker's own publication wins — and write to help@doogex.com so we can correct ours.