Yes, you can trade forex with just $100. However, your ability to do so will depend on two factors: minimum deposit requirements and contract size availability. To start trading forex with just $100, you’ll need to find a broker that allows you to open a live account with a $100 minimum deposit, and it’ll also need to let you trade micro lot contracts (just 1,000 units of currency). The good news: Many forex brokers accommodate minimum deposits of $100, and will offer micro contracts once you’ve opened a live account to trade forex. $100 might seem like a small amount of money for trading and investing, but it is actually quite common for forex traders to start out with minor sums in order to test the live trading qualities of a platform. If you want to see some low-cost options for trading forex, check out our guide to the best zero spread brokers. savingsPro tip: Open a demo account to learn how to use your broker’s trading platform. You can test out your forex strategy using virtual money before placing any real (live) trades. Then, you can move on to live trading with the $100 balance in your live account.