The facts
Minimum deposit
$50
Deposit methods
UPI
UPI
Yes
Max leverage
1:2,000
Verdict score
5.0 / 10
Data as of 2026-10-27, from Elefin's own site and the sources on its full review. RBI list: RBI press release 2025-2026/1530, 19 Nov 2025.
Questions
What is the minimum deposit for Elefin?
The Elefin minimum deposit is $50.
Can I start with $10 at Elefin?
No, the minimum is $50.
Which brokers rated as well as Elefin need a smaller deposit?
Exness ($10), IC Markets ($0), Fusion Markets ($0), Deriv ($5).