Minimum account balance and deposit at Barclays

This article discusses what the minimum account balance (if required) and the minimum deposit (if required) at Barclays stand for. Find out in which cases you must have a minimum balance at Barclays.

Have you ever accidentally mixed up the minimum account balance with the minimum deposit? Rest assured, you’re not the only one. To prevent any confusion, we'll tell you what they are and how they differ from each other.

Barclays does not offer margin or derivative trading: you can't trade stocks/ETFs on margin and derivative products, such as futures or options, are also unavailable. In this case, no minimum account balance is required and you can start using the Barclays platform without having a minimum deposit in your account.

The minimum deposit is the minimum amount required for opening an online brokerage account. While some brokers do not require a minimum deposit, others do. The minimum deposit requirement means that you will need to transfer this amount to your brokerage account from your bank account in order to start trading. You can check the minimum deposit at Barclays here.

Minimum account balance at Barclays
Minimum account balance for stock/ETF margin trading

When trading stocks and ETFs on margin, the broker itself determines the minimum account balance you must always maintain in your Barclays margin account.

Minimum account balance at Barclays
Minimum account balance for derivative products

Barclays offers derivative products to its clients:

Minimum account balance at Barclays
Minimum amount to open an account at Barclays

Good news: the minimum deposit to open a Barclays account is $0. There are brokers that require as much as a couple of thousand dollars. You can check in the table below what is the minimum deposit at the competitors of Barclays.

Minimum amount to open an account at Barclays vs its competitors
Barclays Hargreaves Lansdown Charles Stanley Direct
Minimum deposit $0 $0 $22.6

There is no minimum deposit but you need to have at least £10 to trade in funds.

Minimum account balance at Barclays
Bottom line

Now you know what the minimum deposit and the minimum balance are at Barclays and you understand the difference between the two. If you want to dig deeper, read our article on margin calls and short selling.

The minimum deposit is the minimum amount required to open a new online broker account.

The minimum account balance is not relevant at Barclays as it doesn’t provide stock/ETF margin trading or derivative products.

Author of this article

Ádám Nasli

Author of this article

Ádám worked in banking and investment, and holds a professional degree in this field. He is a motivated finance expert, having joined BrokerChooser in 2018. He's also eager to help people find the best investment provider for them, and to make the investment sector as transparent as possible. In his spare time, he loves learning new things, especially data science, algo trading, programming and trading.

Ádám Nasli

Analyst Head

Ádám worked in banking and investment, and holds a professional degree in this field. He is a motivated finance expert, having joined BrokerChooser in 2018. He's also eager to help people find the best investment provider for them, and to make the investment sector as transparent as possible. In his spare time, he loves learning new things, especially data science, algo trading, programming and trading.

Everything you find on BrokerChooser is based on reliable data and unbiased information. We combine our 10+ years finance experience with readers feedback. Read more about our methodology

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