Forex broker no deposit

Instaforex - $2000 startup no-deposit bonus JQL markets - $100 no deposit bonus

Huge forex bonuses

Forex broker no deposit, forex broker no deposit.

�� forex no-deposit bonuses 2021

nodeposit bonus	bonus	valid till
7bforex \| no-deposit bonus	$25	dec/31/2021
AGEA \| $5 no-deposit bonus	$5	dec/31/2021
almahfaza \| phone verification bonus (in arabian)	$50	dec/31/2021
arum trade \| “first investment” no-deposit bonus	$30	dec/31/2021
atlasforex \| $50 USD no-deposit bonus (in japanese)	$50	jan/31/2021
bityard \| beginner rewards	4 USDT	dec/31/2021
bullseye markets \| $25 USD no-deposit bonus	$25	dec/31/2021
bybit \| $10 registration bonus	$10	dec/31/2021
bybit \| social media bonus	$5	dec/31/2021
bybit \| survey bonus	$5	dec/31/2021
cfmerchants \| $50 welcome no deposit bonus	$50	dec/31/2021
corsa capital \| $100 no-deposit fixed welcome bonus	$100	dec/31/2021
cube global \| $20 no-deposit bonus	$20	dec/31/2021
CWG \| hi account! $50 USD no-deposit bonus	$50	dec/31/2021
elite fin FX \| free $20 no-deposit bonus	$20	dec/31/2021
emporio trading \| $30 USD no-deposit bonus	$30	dec/31/2021
FBS \| level up bonus FREE $140	$140	dec/31/2021
FBS \| no-deposit "trade 100 bonus"	$100	dec/31/2021
FBS \| quick start $100 no-deposit bonus	$100	dec/31/2021
forex.Ee \| 15 USD welcome no deposit bonus	$15	dec/31/2021
forexchief \| no deposit bonus $50 (in indonesian)	$50	dec/31/2021
fortfs \| $35 USD no-deposit welcome bonus	$35	dec/31/2021
freshcent \| 300 cent bonus "start working with a gift!"	$3	jan/31/2021
freshforex \| no deposit bonus $2021	$2020	feb/28/2021
FX TRB \| $50 no deposit welcome bonus (in thai)	$50	dec/31/2021
fxcess \| $10 no-deposit email verification bonus	$10	dec/31/2021
fxcess \| $15 no-deposit phone verification bonus	$15	dec/31/2021
fxgiants \| email verification bonus	$30	dec/31/2021
fxgiants \| phone verification bonus	$15	dec/31/2021
fxopen \| $1 no deposit bonus for micro accounts	$1	dec/31/2021
fxopen \| $10 no-deposit bonus	$10	dec/31/2021
fxoptexgroups \| $30 USD free account	$30	dec/31/2021
fxplayer \| $100 no-deposit bonus	$100	dec/31/2021
fxprivate \| $10 "only for friends" no-deposit bonus	$10	dec/31/2021
fxprocent \| $300 cents no deposit bonus	$3	dec/31/2021
FXQM \| $30 USD welcome bonus	$30	dec/31/2021
gannmarkets \| $30 welcome bonus	$30	dec/31/2021
GEMFOREX \| 30,000 JPY no-deposit bonus (in japanese)	30,000 JPY	jan/05/2021
GICM \| $25 no deposit bonus	$10	dec/31/2021
GOFX \| $30 free trading bonus (in thai)	$30	dec/31/2021
heart forex \| $100 welcome bonus	$100	dec/31/2021
hexta prime \| $30 USD no-deposit bonus	$30	dec/31/2021
instaforex \| $3,500 startup no-deposit bonus	$3500	dec/31/2021
IUX market \| account open bonus $30	$30	dec/31/2021
kaje forex \| $50 USD welcome no-deposit bonus	$50	dec/31/2021
mitrade \| 50 USD trial bonus	$50	dec/31/2021
noble sky \| USD 500 reward for login	$500	dec/31/2021
noble sky \| welcome new year gift of USD 1000	$1000	mar/05/2021
PPM PRIME \| $40 free to trade no deposit bonus	$40	dec/31/2021
PROFITTO \| $30 no-deposit bonus	$30	jan/29/2021
redstonefx \| $88 no-deposit bonus	$88	dec/31/2021
roboforex \| $30 welcome bonus	$30	dec/31/2021
seven capitals \| new year´s exclusive real $100 account	$100	jan/31/2021
sinosoft FX \| trade free with $20 no-deposit bonus	$20	dec/31/2021
superforex \| $50 no-deposit bonus	$50	dec/31/2021
templerfx \| no deposit bonus 30$	$30	dec/31/2021
tiomarkets \| $25 USD no-deposit bonus	$25	mar/31/2021
tradeland \| $50 welcome no-deposit bonus	$50	dec/31/2021
traders trust \| $100 USD no-deposit bonus	$100	dec/31/2021
unicorn brokers \| $50 free bonus for afghanian customers	$50	dec/31/2021
upforex \| $100 no-deposit welcome bonus	$100	dec/31/2021
velocity trades \| $25 no deposit bonus	$25	dec/31/2021
windsor brokers \| free account $30	$30	dec/31/2021
world forex \| $10 or $20 USD bonus	$20	dec/31/2021
world trade investment \| $50 no-deposit bonus	$50	dec/31/2021
XM group \| $30 no-deposit bonus	$30	dec/31/2021
xtreamforex \| $25 no deposit bonus	$25	dec/31/2021

Latest promotions:

Extra promotions:

Trader

Topfx - $50 no deposit bonus scheme

Trader

40 usd no deposit bonus ! Https://panel.Coinofa.Com/

Trader

Atlasforex - $50 no deposit bonus

Trader

Looking for powefull platform and leveraged crypto trading ? Https://www.Binance.Com/en/register?Ref=*****
use this refferal link, and get 10% kick back.

Trader

Hello everyone , I try this company bonus and make many withdrawal from it trader

Profitto ltd - $30 USD no deposit bonus

Malaysia and indonesia only ;
bonus end date/time 29th january 2021 11:59:59 GMT +8 ;
https://www.Profittoltd.Com/no-deposit-bonus/

Trader

GEMFOREX - 30,000 JPY no deposit bonus

Trader

Templerfx - no deposit bonus 30$!

Trader

Xm babbling broker. Big scammer rejected my withdrawal 27.90$

Trader

Cooin.Io - $20 crypto no deposit bonus

Trader

Ronex - $20 crypto no deposit bonus

Trader

Gannmarkets - welcome bonus 30 USD

Trader

Https://lirunex.Com/promotion/#iphone

Trader

Milton markets - welcome bonus $50

Withdrawal conditions: 10lots of transactions completed after deposit ;
https://miltonmarkets.Com/promotion/

Trader

Instaforex - $2000 startup no-deposit bonus

Trader

Freshforex - 300 USC no deposit bonus

The promotion is valid from december 11, 2020 to january 31, 2021 ;
https://freshforex.Com/company/news/news_35202.Html

Trader

Xtreamforex | $25 no deposit bonus

Getting ready to start your trading without committing an investment. No deposit bonus for newbies to try out services to start earning profit without risking any of their funds.

Bonus available for philippines clients:- no deposit bonus of amount $25 is available for philippines clients with live trading account with verified status. No need to deposit to claim the bonus.

Easy to claim:- register the live account, verify the trading account. Get the bonus by registering the live trading account.

Start your trading:- after getting the bonus you will able to start your trading to earn more profits with zero investment.

Start date to registration:- no deposit bonus account will start on 7th december 2020 for a limited time.

Maximum leverage is 1:400.

Trading account credited with $25 no deposit bonus is not eligible for commissions and ibrebates.

Arcond

Etiq markets - $77 forex no deposit bonus ' grab n go "

Bonus expires after 3 days ;
https://cdn.Livechat-files.Com/api/file/lc/att/11798601/d006ebb837cfffda198096e98e7e0b6f/$77%20english.Jpg

Arcond

Exclusive markets - $50 forex no deposit bonus

Japanese clients ;
https://exclusivemarkets.Com/jp/promotions/welcome-bonus

Arcond

Justforex - $30 XMAS no deposit bonus

Ending date: december 31, 2020 ;
https://justforex.Com/trading/promotions/xmas
arcond

Trader

GICM IS OFFERING >>>
get A social promotion bonus $2
THROUGH THIS LINK BELOW
https://www.Gicmarkets.Com/promotion/no-deposit-bonus
please visit the link to get special offers at GIC markets

Arcond

Bitterz - $50 crypto no deposit bonus

Campaign period : 020/11/27 (fri) 15:00:00～2020/12/6 (sun) 14:59:59 (UTC+0)
https://bitterz.Com/en/news_topics/4

Arcond

Fxoptexgroups - $30 no deposit bonus

Https://fxoptexgroups.Com/promotions.Html

Arcond

Vistaforex - $123 forex no deposit bonus

The maximum total profit available for withdrawal is 300% of welcome bonus (equal $369).
Https://vistaforex.Com/en/123-welcome-bonus

Trader

No deposit bonus 50 usd klik now.

Arcond

TNFX - $50 welcome bonus no deposit

Profits are withdrawable without any conditions .
Https://www.Facebook.Com/permalink.Php?Story_fbid=2883457335014876&id=1400694689957822&_rdc=1&_rdr

Arcond

IFGM - $100 forex no deposit bonus

Only available to australian residents.

Trader

Vantagefx bonus when download app singup
https://app-register.Vantagefx.Com/vau/h5/register/register.Html

Arcond

Topfx - $50 no deposit bonus

Https://legal.Topfx.Com.Bm/pdfs/nodepositbonus-topfxbm20190702.Pdf

Arcond

IFGM - $100 forex no deposit bonus

Https://ifgm.Com/files/IFGM-100-welcome-bonus.Pdf

Arcond

Justforex - test drive welcome bonus $30

The bonus is available to malaysian and indonesian clients only
https://justforex.Com/landing/30welcome-bonus

Trader

Forexchief - no deposit bonus $50

Profit can only be withdrawn after trading turnover on the account reaches 5,000,000 USD (SELL 5 lots USDJPY ( . ) = 1,000,000 USD ) ;
https://www.Fcxchief.Com/id/services/no-deposit-bonus/

Trader

This is NDB 30$ https://justforex.One/id/landing/tradeformers-contest

Arcond

Fullerton markets - $30 diwali NO DEPOSIT bonus

Only malaysian and indian clients.
Ending date: november 30, 2020
https://offers.Fullertonmarkets.Com/ms/diwalibonus2020

Arcond

Clubfx - $30 welcome bonus

Https://clubfx.Com/promotion/welcome-bonus

Arcond

MFM securities - $50 no deposit bonus

Https://www.Mfmsecurities.Com/no-deposit-bonus

Trader

Tigerwit no deposit bonus
get 25$ for signing up plus 20$ cash red for using the link below https://global.Tigerwit.Com/
account must be fully verified to get your bonus

Arcond

SFEX - $50 welcome no deposit bonus

Https://www.Sfex.Vip/activity/donatemoney/language/en-us

Arcond

FXTRB - $50 no deposit bonus (for thai client)

Https://www.Facebook.Com/trbthailand29/photos/a.116647480116947/159730459141982/

Trader

W.L.Limited - free $50 no deposit bonus

Https://wl-fx.Com/campaign.Html

Trader

All non deposit forex brokers are scam. Especially grand capital I made profit of 1180 USD. They say asking me to pay the same amount into the account or they will cancel the bonus I didn't get my money there's no point trading with grand capital they are thieves. This is my email. I have video and screen shot of all my trade in 5 days from 590usd bonus to 1680usd. Before the block me access to my account. Grand capital are scam and thieves.

Trader

Grand capital required a deposit of the same amount made on profit. I made 1180 from 500usd no deposit bonus. They stole my money.

Arcond

Templerfx - 30$ no deposit bonus

Https://templerfx.Com/en/promotions/no_deposit

Arcond

VT markets - $50 no deposit bonus

+ $200 credit when client’s live trading account is funded by a minimum of $500
https://www.Vtmarkets.Com/clients/promotion-offers/welcome-bonus/

Arcond

Fideliscm - $100 FREE no deposit bonus

Applicable for india, srilanka, malaysia, pakistann thailand, vietnam, turkey and UAE
https://www.Fideliscm.Com/promotion/100usd-no-deposit-bonus/

Arcond

Noor al mal - 50 USD no deposit bonus

Ending date: december 31, 2020
https://www.Nooralmal.Com/cc19/en

Arcond

Cubeglobal - $20 no deposit bonus

Https://cubeglobalfx.Com/no-deposit-bonus

Arcond

GFX X muculada - $ 50 forex no deposit bonus

The promotion is limited to the first 100 clients
https://www.Facebook.Com/gfxtrainingc/photos/a.102936888215418/125199172655856

Arcond

Corsa capital - fixed welcome bonus worth $100

Https://www.Corsaforex.Com/corsa-fixed-bonus

Bestforexbonus

Thank you!
AM broker - listed as deposit (it requires $10 deposit, which makes it rather a 500% deposit bonus)
https://www.Bestforexbonus.Com/node/13190

Arcond

AM broker - $50 no deposit forex bonus

The maximum profit you can withdraw is 100$.
Https://www.Ambroker.Com/en/no-deposit-forex-bonus/

Arcond

Traders trust - 100 no deposit bonus

Https://traders-trust.Com/100-no-deposit-bonus/

Trader

As a matter of opinion: 99% of new or even experienced traders wiped out their account within six months after deposit, most NDB given by brokers here are useless or not in anyway would help to traders, most conditions given are very hard to achieve or unreasonable. You must chose NDB only from brokers that has reasonable conditions and should not have time limit. Trading is one of the most difficult profession in the world, its not gambling that you just based on luck, it requires skills to be consistently successful.

Arcond

Hi ! From ROMANIA . Good luck .

Promax - welcome bonus $50

Profit earned with welcome bonus will be credited to live account
to transfer the profit, client must deposit at least $50 in the trading account
https://promaxtrading.Com/welcome-bonus/

Trader

ARCOND YOU ARE GREAT, KNOW IT .

SAY HI! FROM ARGENTINA BUENOS AIRES

Arcond

Atlasforex - $50 no deposit bonus

Need to trade 50 lots in 30 days
the maximum withdrawal limit if $200
https://www.Atforex-markets.Com/campaign

Arcond

JQL markets - $100 no deposit bonus

Claim bonus at [email protected].
Deposits within a week to get DOUBLE bonuses!
Only profits can be withdrawn
https://jqlmarkets.Com/promotions.Php

Arcond

Exaprofit - PREMIUM , no deposit bonus account

100 USD no deposit bonus
https://exaprofit.Com/accounts/premium

Bestforexbonus

Thank you arcond,
great inputs!

Arcond

Just perfect markets - $1000 no deposit bonus

Maximum limit to make profit is $2000.
Lots are calculated using the following formula: $1000/2 = 500 standard lots to complete.
Https://justperfectmarkets.Com/promotions/perfect-1000-no-deposit-bonus/

Bestforexbonus

Thank you arcond!
(send you an email last week, wonder if you had a chance to review it).

Arcond

PPM PRIME - $40 trade no deposit bonus

Ending date: december 31, 2020
profits – you will have to trade 20 standard lots in order to get eligible for withdrawal request
https://www.Ppmprime.Com/40-free/

Bestforexbonus

Arcond

Fortfs - $100 no deposit bonus

Promo date: august 28, 2020
offer is applicable: all traders
trade 75 lots for USD or EUR accounts
withdrawal of up to 100 USD
https://www.Fortfs.Com/en/promotion/promo-actions/no-deposit-bonus-100

Trader

All brokers in this list scams don't wast your time

Trader

Scam scam scam!
Tigerwitex scam!

Trader

FBS is not a scam, pls check this post:
https://www.Bestforexbonus.Com/node/10495

Trader

Tigerwit rules abaout $25 no deposit bonus
https://global.Tigerwit.Com/
point number 8 is bad .
=================
sory , indonesian translate

Untuk mendapatkan bonus tersebut, syarat dan ketentuan berlaku yaitu:

1. $25 akan diberikan pada saat registrasi pertama kamu di tigerwit, dan akun anda harus sudah di approve oleh kami. Bonus ini hanya diberikan sekali saja.
2. $25 yang akan diberikan dapat ditarik apabila telah menyelesaikan transaksi sebanyak 3 lot.
3. Promosi ini tidak berlaku untuk pihak ketiga.
4. Promosi ini tidak berlaku pada produk USD/CHY, index, saham, dan kripto.
5. Bagi pengguna yang melanggar persyaratan di atas, akan segera di diskualifikasi dari program ini. Bonus akan ditarik dari akun pengguna.
6. Tigerwit mempunyai wewenang penuh atas program ini dan memiliiki hak untuk mengubah syarat dan ketentuan dan lainnya sewaktu-waktu.
7. Promosi ini hanya berlaku 30 hari semenjak 14/07/20 – 14/08/20.
8. Apabila pengguna yang telah mendapatkan bonus sebesar $25 dan tidak
pernah melakukan deposit selama 3 bulan, maka bonus tersebut akan di hilangkan dari akun pengguna.

Trader

After weeks of turmoil and sadness that gtoptions brought upon me and my family after I lost GBP110,000. I was introduced to this guys at geminihacks -.- cohm they are the best and helped me recover all of my funds without any hassle in 48hours, I am so happy doing this because I know how many people would benefit from this useful information.

Best no deposit bonus forex brokers 2021

The brokers below represent the best no deposit bonus forex brokers.

Cfds are complex instruments and come with a high risk of losing money rapidly due to leverage. 79.27% and 73.32% of retail investor accounts lose money when trading cfds with tickmill UK ltd and tickmill europe ltd respectively. You should consider whether you understand how cfds work and whether you can afford to take the high risk of losing your money.

Cysec, FCA, FSA(SC), FSCA, labuan-fsa

Trading derivatives and leveraged products carries a high level of risk, including the risk of losing substantially more than your initial investment. It is not suitable for everyone. Before you make any decision in relation to a financial product you should obtain and consider our product disclosure statement (PDS) and financial services guide (FSG) available on our website and seek independent advice if necessary.

Ctrader, MT4, MT5, proprietary

Dealing desk, ECN, market maker, no dealing desk, STP

Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.

Note: not all forex brokers accept US clients. For your convenience we specified those that accept US forex traders as clients.

Tickmill

Regulated by: cysec, FCA, FSA(SC), FSCA, labuan-fsa

Headquarters : 3rd floor, 27 - 32 old jewry, london, england, EC2R 8DQ.

Tickmill was founded in 2014 and is regulated by the UK financial conduct authority (FCA), the cyprus securities and exchange commission (cysec) and the seychelles financial services authority (FSA).

The broker provides more than 80+ CFD instruments to trade on covering forex, indices, commodities and bonds through three core trading accounts called the pro account, classic account and VIP account. They also offer a demo trading account and islamic swap-free account.

GO markets

Headquarters : level 22, 600 bourke street, melbourne, VIC 3000, australia

Australian brokers are definitely making a name for themselves in the trading arena as some of the most reliable, intuitive and forward thinking firms around. This broker is no different with a wide variety of tools, assets and reasonable trading conditions.

GO markets pty ltd an ASIC regulated broker has been in operation since 2006. The head office is located in melbourne, australia. With over a decade of experience, GO markets has grown to become a leading broker with a huge client base from over 150 countries. GO markets offers forex, share cfds, indices, metals and commodities for trading on the MT4 and MT5 trading platforms.

Roboforex

Headquarters : 2118 guava street, belama phase 1, belize city, belize

The roboforex brand is operated by the roboforex group, and is located in belize. Roboforex began operations in 2009 and has grown in size and capacity. The brand offers over multiple trading instruments which include forex, stocks, indices, etfs, commodities, energies, metals and cryptocurrencies.

They also offer cutting edge platforms. Roboforex boasts of over 800,000 clients from 169 countries. They are both a dealing desk and non dealing desk broker offering ECN and STP trading accounts through their platforms. This means a different payment model to you the trader eg. Lower spreads for ECN accounts with some commissions to pay.

*leverage depends on the financial instrument traded and on the client’s country of residence.

Axiory

Headquarters : no.1 corner of hutson street and marine parade belize city, belize

Axiory was founded in 2012 and is a trading name of axiory global ltd which is authorised and regulated by the international financial services commission (IFSC) of belize. The broker segregates client funds from their own and offers negative balance protection. The company is also audited by pricewaterhousecoopers and is a member of the financial commission.

Users can choose from three types of trading accounts called nano, standard and max to trade on 80 different markets covering forex and cfds on indices, energies, stocks and metals. Axiory offers maximum leverage of up to 1:500 and also provides access to islamic swap-free accounts and a demo trading account. Users can also access data regarding execution times and slippage distribution for even more transparency.

What is a no deposit forex bonus?

A no deposit forex bonus is a cash award that is deposited by the broker into the forex trader’s account, without requiring an initial deposit into the trading account by the trader.

Just like the deposit bonuses in forex (which require you to deposit first), the no-deposit bonus is used strictly for trading purposes and can only be withdrawn from the account on fulfillment of the broker’s trade volume requirements.

Typically, the no-deposit forex bonuses are not as large as the deposit bonuses. They range from between $10 and $200, depending on the broker. They are actually meant to introduce new traders into the world of real money trading and are not meant to be used for profit-oriented trading. Think of it as a form of live, real money practice account where you keep all the gains. If you lose money, you have lost nothing.

What should I do to get my bonus?

Most of the no-deposit forex bonuses in the market can be obtained as exclusive offers through affiliate partners of the forex brokers that offer them. The forex brokers who award the no-deposit forex bonuses directly are typically in the minority.

What is the difference between no deposit bonuses and deposit bonuses?

No-deposit forex bonuses do not require an initial deposit into the trading account before they are awarded. This factor distinguishes the no-deposit forex bonus from deposit bonus, which like the name implies, requires a deposit from the trader before it is awarded.

No-deposit forex bonuses are smaller in size as they mostly serve for live account practice.

What other bonus and promotion types do brokers offer?

Other bonuses and promotions may be given out by brokers occasionally.

The cashback is the commonest bonus which a trader can get. Although this requires that some previous deposit would have been made by the trader, cashbacks are a good way to earn back any money that has been lost in previous trades. These are provided by brokers automatically without requiring further deposits.

Trade contest awards do not require a previous deposit. You can participate in various trade contests on broker platforms for a share of the prizes. Cash prizes are usually awarded to traders as a no-deposit bonus. All you need is to ensure your account KYC documents are in place and you can claim your award if you win.

Some brokers provide traders with tools they need to trade with on fulfillment of certain conditions such as attaining certain trade volumes within a specified time frame.

Conclusion

Are you looking for the best no deposit bonus forex brokers for 2017? Here we show a list of these brokers which we have compiled after careful evaluation of various candidates. Ensure you use the no-deposit forex bonus wisely and use it to enhance your live account trading experience.

Top 6 best forex brokers with no deposit bonus for 2021

Top rated:

What better way to start trading than with a no deposit bonus forex broker? This should give you the perfect start to trading with some risk-free funds. To help you achieve that goal, we have put together a collection of the best regulated forex brokers in the market who offer a no deposit bonus to traders.

Beyond looking at more details of these top brokers, we will also provide more information on no deposit bonus availability, and how you can use these bonuses to your advantage when trading.

What is a no deposit bonus?

Very simply, a no deposit bonus is an amount of money which is given to you as a trader just for completing the broker registration process. This means that you do not have to deposit any of your own real funds to gain access to this no deposit bonus.

No deposit bonus: are they available in the EU?

Unfortunately, the answer to this question is no. The no deposit bonus offers are not available in the EU. This is due to the fact that the european market regulator, ESMA, has banned certain types of forex broker bonus offers under the mifid II regulations.

The result is that forex brokers’ no deposit bonus offers, and any kind of registration bonus offers are not allowed for traders who are in the EU.

Please note that the following bonuses are available only to people based outside the EU. Moreover, we do strongly suggest to not judge the broker based solely on the no deposit bonus, but on the suitability to your trading goals and preferences.

Top 6 best brokers with no deposit bonus

Here is a closer look at the top brokers we have selected who do offer a no deposit bonus.

Best forex brokers with low/no minimum deposit for 2021

Top rated:

best-low-no-minimum-deposit-forex-brokers

If you are thinking of getting involved in the forex trading market and you are looking for the top forex brokers, or maybe you are already dealing with an FX broker, one of the most important things you may be thinking about is the minimum deposit.

In the forex market, there are often a few trading conditions that you will have to abide by, which sometimes means a minimum deposit to get into forex trading. With these brokers though, that is not the case.

The reviews we have conducted for this top 10 show that they do not have any minimum deposit requirement, although in some cases you will find a forex broker minimum deposit based on funding amount.

The following top 10 brokers are great for all traders, but particularly for new traders seeking an excellent low deposit start in currency trading, particularly with the credit/debit card deposits that are often cheaply available.

Why a minimum or 0$ deposit is not the only thing to consider

Conducting an in-depth technical analysis in search of a broker with no minimum deposit or a low one is not all you should think about though.

You should also consider the fact that you will likely be trading with some kind of leverage. This and other factors can really help determine the best broker choice for your forex trading future.

In fact, the best situation for you is one where you have a minimum deposit broker that also allows you to trade with minimum trade size. This is something we will get into more at the end of the post.

For now, let’s take a look at the very best forex brokers with low or no minimum deposit.

Best forex brokers with low or no minimum deposits

In no particular order, here is the best low or no minimum deposits brokers chosen after thorough broker reviews on each:

1. Oanda

Trading with oanda broker, the first thing you will be glad to notice is that there is no minimum deposit at all.

The broker also has no minimum trade size. In the forex market and for your trading career, this can mean great flexibility as you can trade as low as 1 unit in your base currency without worrying about lot-size trading.

Deposits for trading with the oanda broker and trading platform can be made in the form of wire transfers, all major credit cards (visa/mastercard), ewallets such as paypal and some other oanda deposit methods may be available depending on your area. Almost all of these come with no real money fee attached at all.

Oanda can also be connected with zulutrade to open many copy trading opportunities and is widely considered to be a very trustworthy option particularly if you are based in europe and want to get started in forex trading with a small amount of money.

2. FBS

Getting into the forex market with FBS is one of the best value ways you can become a trader. This is because you can start a mini account with FBS that only requires $10 from within europe, or $1 from outside as the minimum deposit. This is the FBS cent account. A micro account with a $5 minimum deposit is also available but not within europe.

These kinds of currency trading account types allow you to trade in micro lost of 1,000 units and to trade as low as 10 units or 0.1 nano lots. Compared to the standard forex market trading lot size, this would be 0.0001 standard lots. So, as you can see, real money is still at risk, but in a very controlled way.

Again here, the wire transfer, visa/mastercard, and ewallets like neteller and skrill are all available for deposit with on fee in the majority of cases.

The FBS accounts are also a great choice for non-europeans with super high leverage available, and islamic accounts too.

Of the 5 XM accounts that are offered, two, in particular, have a very low and attractive minimum deposit if you are getting involved in the forex market. These are the micro and standard accounts both with a minimum deposit of just $5.

As with other brokers, the micro account will make it less risky in terms of your real money trading. Here you can benefit from micro lots down to 0.1 nano lots to help you get a taste of the forex market.

When it comes to XM deposit methods, you can choose between the ever-present wire transfer, all major credit cards from either visa or mastercard and some ewallet and local specific methods. All of these methods, for the most part, are free of any XM fee.

Islamic trading accounts are also widely available from the broker as well as the XM ultra low account, which allows you to trade with either micro or standard lots, lower spreads starting from 0.6 pips and it has minimum initial deposit of $50

4. FXTM

FXTM is another major force in the forex trading industry and an excellent place to get started if you are looking for a low minimum deposit broker. Our FXTM broker review showed that you can start micro trading here with the cent account for as little as a $10 deposit.

Again these accounts allow for mini trading with micro lots of 1,000 units and nano lots of just 10 units making trading here very accessible indeed.

Deposits are made available through all of the popular channels including wire transfers, major credit and debit cards from visa, mastercard, and maestro, and ewallets like neteller and skrill. Other localized funding methods may be available depending on location, and all FXTM deposits should be free of any fees.

FXTM islamic accounts are again available where needed and the broker caters particularly well to traders in african countries like nigeria who want to get into the forex market. Crypto deposits are also accepted if you are based outside the remit of european regulations.

5. Roboforex

If you are looking to jump into forex trading with a wide range of account choices, then roboforex may be just the place for you. There are a total of 6 account types to choose from, 3 of these account types have a great low minimum deposit of just $10. These forex trading accounts are the pro standard, ECN pro, and pro cent which allows for micro trading from micro lots of 1,000 units to nano lots of 100 units through the MT4 trading platform and the MT5 trading platform through which you can trade as low as 0.1 nano lots.

For deposits with this broker you can avail of wire transfers, major credit cards, and ewallet options like neteller, webmoney, advcash, and perfectmoney. There may be other funding methods available depending on your area, and most of the deposit methods mentioned carry no fee at all from the broker.

Yet again, if you are in forex trading and need an islamic account, this broker has you covered and is a really good choice if you are looking for standard forex trading accounts with a low minimum deposit.

6. Instaforex

Considering forex brokers with a low or no minimum deposit, then instaforex is another option. They offer two types of micro trading cent accounts with a minimum deposit of just $1 on each. These allow you to engage in mini trading for as little as 0.0001 standard lots, a real risk-free way to engage in the forex market.

Spreads on these accounts start from just 1 pip and the cent eurica account offers a zero spread option with commission from 0.03% in its place which could be an attractive proposition depending on your forex trading style.

Deposits at instaforex can be made by way of wire transfer, major credit cards, and ewallets such as neteller and skrill. In many cases, there are no fees at all to get started trading or make a deposit.

As with the majority of top brokers today, islamic trading is well catered for with this broker.

7. Alpari

The next broker with a very low minimum deposit for forex trading that you should consider is alpari. This broker offers micro trading accounts with the low minimum deposit of $5 to get started. With these accounts as with other cent type mini trading accounts, you can expect both micro and nano lots of 1000, and 10 units to be available.

Deposits to fund your real money forex trading here can be made with a wire transfer, trusted credit cards from either visa, mastercard, or maestro, and ewallet options from neteller and skrill respectively. There are typically no deposit fees with this broker.

Alpari has extensive experience in the forex trading industry, offering the best in trading platforms and islamic accounts for those who require them.

Why is lot size important with low deposits?

You may be wondering why the lot size has been mentioned frequently and why this may impact you as a trader.

The fact is that if you are a european based forex trader, it has become very difficult to have a low minimum deposit and be able to trade significant amounts within the standard trading accounts that this opens up. This is all due to the 30:1 leverage limitation placed by regulators in europe. For example, in order to invest 1$ in a micro lot (1000 units), you would need minimum leverage of 1000:1.

So, if you don’t have leverage, the only solution is to have the smallest trading sizes available.

Some brokers will allow you to open positions for 0.1 nano lots (basically 1/100 of a micro lot), which translates in minimum leverage terms to 10:1.

The only solution that you have available for really low deposit trading if nano lots are not available is unfortunately just to step up your deposit a little more. In these cases as a forex trader, $50 is typically sufficient although it depends on the asset.

With all of that said, given the number of broker options available, it is still very much possible for european traders, even those constrained by strict 30:1 leverage to experience very low deposit trading in the forex market and others.

Brokers with low or 0$ minimum deposit good for non EU users

The following brokers still have very low, or even no minimum deposit requirements to enter the forex market as the brokers above also have. The only difference here is that with these brokers, micro trading through cent accounts is not necessary.

In this case, the best thing you can do is use these brokers to avail of higher leverage availability if you are located outside of an area like cysec regulation where leverage is limited.

Forex minimum deposit

Find below a list of forex brokers according to the minimum deposit for opening a forex trading account with low deposit.

Risk warning: your capital is at risk. Cfds are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 58-89% of retail investor accounts lose money when trading cfds. You should consider whether you understand how cfds work and whether you can afford to take the high risk of losing your money. Please be advised that certain brokers, products, bonus and/or leverage may not be available for traders from some countries due to legal restrictions.

Trading with a small deposit

It is quite common that traders start to spend time on demo account, then, once they gain experience, some want to start real trading with a low deposit forex account without a large investment or putting substantial assets at risk. It is quite convenient by investing little money because emotions need practice.

Some brokers operate different business models where some operate a large customer base, while others have few high net-worth investors who can bring in large volumes of cash. High net-worth investors could me more interested in brokers having a high minimum deposit.

Risk warning: investments involve a high level of risk. It is possible to lose all your capital. Cfds are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 58-89% of retail investor accounts lose money when trading cfds. You should consider whether you understand how cfds work and whether you can afford to take the high risk of losing your money.

The information on this site is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation and is not directed at residents of: belgium · france · japan · latvia · turkey · united states ·

Forex bonus – no deposit required!

Current no-deposit bonus promotions:

AGEA – $5 account – no deposit required – verified

Caesar trade – up to $100,000 bonus – no deposit required. Service fee is to be paid in order to receive the bonus.

Forexcent – $5 account – no deposit required

Fort FS – $5 account – no deposit required

FW markets – $10 account – no deposit required

Fxgiants – $35 account – no deposit required – verified

Fxlider – $50 account – no deposit required

Fxopen – $10 account – no deposit required – verified

Fxplayer – $100 account – no deposit required – – beta platform

Fxprivate – $30-$50+ account (amounts vary for different countries) – no deposit required

Hirose financial UK – $10 + $20 account – no deposit required – verified

IK trust – $69 account – no deposit required

Instaforex – $30-$50+ account (amounts vary for different countries) – no deposit required

Paxforex – $7 account – no deposit required – verified

Paxforex – up to $20-$40 account – no deposit required – for forex blog owners

Plus500 – $25 account – no deposit required – verified

Roboforex – $15 account – no deposit required – verified

Stforex – $10 account – no deposit required

Vertical markets – $100 account – no deposit required

XM – $30 no-deposit bonus – verified

Find the full list of bonuses at: bestforexbonus.Com – forex no-deposit bonuses

Affiliate links, affiliate self-promotions and other bonuses that don’t come directly from forex brokers will not be published.

What exactly is a FREE no deposit bonus?

A vigorous competition for new clients among forex brokers has created a new trend – no-deposit forex bonuses, which is certainly going to benefit many novice investors when starting to trade the forex market.

A so called “no-deposit bonus” is a totally free, broker sponsored funding of trader’s new live forex account.
All you have to do is fill in an application for opening a live trading account with a broker, and your new forex account will be credited with real USD – the bonus money to start trading in the real market immediately. No deposit is required on your side!

How cool is that?! It is, in fact, a real value deal:
– you get to try out broker’s platform
– you get to test your trading skills & get some experience
– you can make money on top or, if it goes wrong – lose nothing

However, there are also few other facts to know about no deposit bonuses:

– while the profits you make in trading are withdrawable, the bonus money itself, as a rule, can’t be withdrawn without meeting certain conditions (trading volume, further account funding etc.).

– no deposit bonuses are known to be quite small, around $25-50, which is good for a micro account. Traders should understand that their trading experience on a micro level might significantly differ from trading with a larger portfolio due to higher financial risks involved. Proper money management of each: micro, mini and standard accounts require additional experience.

It’s NOT a no-deposit bonus, when:

– in order to start trading with free bonus money you’re asked to deposit own money;
– when profits made during trading are not withdrawable. To be able to withdraw the bonus money itself, you can be asked to meet certain conditions (trading volume, further account funding etc.), but this should not be the case, when you wan to withdraw profits only.

The good and the bad: brokers learn from mistakes

As practice shows, offering a no-deposit bonus is a fast and 200% times efficient strategy to promote your brokerage: within several days to a week everyone knows your name, even if the company is brand new. However, it’s not that simple as it may look – a badly planned/executed promotion can backfire and ultimately start building a negative reputation around the company. Therefore, we recommend that brokers carefully study pros and cons of running a no-deposit bonus promotion in order to not repeat mistakes made by others.

We’ve prepared a few suggestions to help brokers plan their no-deposit promotions with a positive outcome:

1. Make sure you call your promotion by its name, see the paragraph above “it’s NOT a no-deposit bonus, when”. If you want traders to make a deposit in the end before any withdrawal, call it a “deposit bonus”. This way you won’t be accused in running a wrong non-useful promo.

2. Define the circle of traders who is eligible to receive a no-deposit bonus in advance: decide whether it’s going to be a worldwide promo, or an offer for certain countries. Again, this sets clear rules and cuts out any negative feedback from traders who are ineligible for a no-deposit bonus.

3. Don’t change your no-deposit bonus rules after the promo has began. News about the bonus spread fast, and once traders start discussing it, you don’t want them to rave about new (often more complex/tight rules) that has been added midway.

We wish you success in running your next no-deposit bonus promotion!

No deposit forex bonus brokers - 2021

No deposit forex bonus is one of the most desired forex bonus and promotions by forex traders because you can trade without depositing your own money. Forex brokers offer many types of bonus and promotions to attract more clients or to reward the clients for choosing them as their broker. Free forex bonus and promotions certainly benefit the clients since they allow the clients to trade with a larger balance than they have deposited.

What about forex no deposit bonus 2021?

Of course, I am assuming that the broker is not a scam. Because, there are tons of scam brokers out there who allure novice traders through attractive bonuses just to fraud them at the end by rigging the trading conditions or simply pocketing the client’s deposit.

Therefore, free forex bonus and promotions should not be your only criteria when choosing a forex broker. Regulation, trading conditions, reputation and customer services are some of the other features that every trader has to take into account on the road to pick a suitable forex broker for yourself.

What is no deposit forex bonus?

There are many forex bonuses offered by brokers, some of them being granted to the traders post-trading, and others being rewarded to the trader’s forex account conditional on a certain amount of deposit or trading checkpoints. Deposit bonus, welcome bonus, redeposit bonus, rescue bonus and volume bonus are examples for different types of forex bonuses.

In addition to those, there is another type of free forex bonus. This forex bonus is credited to the trader’s account without any initial deposit or other condition whatsoever. Well, of course there is one condition; opening a forex account with the broker. As soon as you open the trading account, you will be rewarded with a free bonus. This type of forex bonus is called no deposit forex bonus.

No deposit free forex bonus brokers in 2021

Why is no deposit free forex bonus important?

No deposit free forex bonus is a great opportunity for beginner traders to gain experience without risking their real money. Besides, it allows seasoned traders to evaluate the services and live trading conditions provided by the broker before depositing money into their trading account.

Since it is not your own money, it will not hurt you financially and emotionally in case you blow up the account. The bonus is also very useful for traders who wish to develop and test new trading strategies without investing and risking their capital.

It is a common exercise followed by the forex brokers to provide different trading conditions in terms of spread, execution time and slippage between demo and live trading accounts. Therefore, trading with a demo account may mislead traders regarding the trading conditions that come with a live account. No deposit forex bonus allows traders to experience a live trading environment with the actual conditions.

How to choose the best free forex bonus?

It is never an easy task to choose a forex broker. I always emphasize the inappropriateness of choosing a forex broker solely due to the appealing free bonus and promotions. Never pick a forex broker just because it gives you a higher percentage of free bonus than the other brokers do.

Prefer a regulated forex broker

Regulation must be the first and foremost quality of a forex broker that you are going to trade with. You should always put regulation and license above all else when selecting a forex broker. I don’t recommend openening an account with an unregulated forex broker no matter how good the bonus and promotions are offered. After all, what is the use of a free $5000 bonus if you will not be able to withdraw your capital from the forex broker?

Another point to keep in mind is that many unregulated or poorly regulated forex brokers use free forex bonuses as a tool to attract more clients just to fraud them. Those are the scam forex brokers that you have to stay away from no matter how big bonus and promotions they pledge.

Consider the trading conditions

Spreads, execution time and slippage are going to have a decisive impact on the fate of your trading strategy. Free forex bonus and promotions are very alluring however the trading conditions may be against your advantage just to strip you off the benefits of the bonus. In another word, the brokers may give you the bonus but may not let you benefit from it through adverse spreads, execution time and slippage.

Read and understand the terms and conditions

Forex bonus and promotions usually come with certain terms and conditions. Some forex brokers let you enjoy the free bonus without verifying your trading account while some others require you to validate your account first. Some forex brokers even allow you to withdraw the free bonus conditioned on certain prerequisites.

Therefore, it is always a good idea to read and understand the terms and conditions of the no deposit bonus to avert an unpleasant surprise afterwards.

Forex broker no deposit

Forex no deposit bonus list

Here’s a list of the forex brokers offering no deposit bonus or free bonus in 2021. You can also see if they really give you the bonus by checking out the review section on the table which is based on my experience.

There’s a concise version of the terms and conditions of the forex brokers’ no deposit bonuses in the table as well.

Forex brokers with no deposit bonus

Unlimited
after 2 lotsunlimited

YES
/
YES
lot size(0.01– ∞)
MAX leverage 1:500 get bonus

* ID is your identification documents such as passport, ID card, driver’s license, and etc. POD is proof of address such as utility bills, bank account statement or any official documents that have your address on.

** some no deposit bonuses need some kind of deposit. For more information read this part of the following post

For more information about the different parts of the no deposit bonus list, you can read the following post. You can also find the section you want on the table of contents below.

You can also watch this video which is a summary of this post and the conditions of these no deposit brokers.

You'll see in this article:

What is forex no deposit bonus?

Forex no deposit bonus is somehow free money that some brokers offer in order to attract clients.

It’s a welcome bonus that brokers offer to their new clients so you can only receive that once.

Not only can’t you receive the bonus for yourself more than once, but you also can’t ask for the bonus with the identification of your family members. We’ll talk about this more in the next section.

For receiving forex no deposit bonus, you don’t need to deposit any money first. In most cases, you don’t need to deposit any money at all.

You can trade and make profit with the bonus account and then you can withdraw either the profit or both the bonus and the profit gained from the bonus.

Do you need to deposit any money to get no deposit bonus?

That’s a weird question, isn’t it? If it’s called no deposit, why I might need to deposit any money?

Well, normally you don’t need to deposit any money to receive the bonus or even withdraw it. You can trade using the bonus and then either withdraw the profit or in some cases withdraw both the bonus and the profit.

You can call it a free no deposit bonus.

On the other hand, there are some bonuses that you need to deposit a small amount of money to get the bonus. For example, you want to use a $30 bonus but first, you have to deposit $10 to be eligible for receiving that.

There are several reasons that brokers give for this deposit.

Sometimes the small deposit acts as a verification method for your account. If this is the case, you can withdraw your money after receiving the bonus in some cases.

In another type of such a requirement, the amount of bonus is far more than usual such as $500 or 1000. In these cases, you have a limited time to trade with the bonus account and make as much profit as you can, then deposit up to the profit you’ve gained.

For example, the bonus is $1000. You have 7 days to trade and make as much money as you can. You make $500 within the 7 days. Now, you have to deposit $500 to keep the $500 profit or you can deposit less but you can keep less profit.

If you deposit $300 in the example above, your profit becomes $300 instead of $500.

For more information about the specific conditions of these bonuses, go to the review related to the broker by clicking on the see review button in the list.

Forex no deposit bonus terms and conditions

Although forex no deposit bonus is a good opportunity to build your account and find some money for trading, the conditions of trading with these types of accounts are not completely similar to usual accounts.

In other words, no deposit bonuses come with some terms and conditions designed by forex brokers.

There could be various reasons for making these kinds of conditions….

…but the main reason could be:

They don’t like to give away money to someone who doesn’t bring profit to them. I’m not saying they want to deceive you or not to necessarily give you the bonus if you are profitable but like every other business, it’s a matter of give-and-take.

They expect you to give them profit by trading normally and give them spread, no matter if you win or lose, but if you use a strategy that may cause them trouble in any way just to get the bonus and then disappear, you might cross their line and have problems with them.

They also like the clients that use this bonus as a way of knowing the different aspects of the brokers.

Those kinds of clients will deposit more money later and trade with a larger account, therefore, the brokers can make chubbier profits.

All in all, whether you just want to gain the bonus or you decide to become familiar with the broker, you probably won’t have problems with them if you go by the terms and conditions of their no deposit bonuses.

Common terms and conditions

There are some common clauses that you see in all terms and conditions of the forex no deposit bonuses.

As I said in the previous section, you can’t ask for the bonus more than once and none of your family members can ask for the same bonus either.

Even if someone else requests for the bonus through your device (computer, mobile, etc.), or via your internet service (the same IP address); they won’t give you the bonus and even if they will in the first place, they’ll cancel that later.

With that said, you are prohibited to use any kinds of internet proxies such as VPN, VPS, or any other methods that hide or change your IP address.

The next condition is that they withhold an absolute right to either reject your request for the no deposit bonus or cancel that at any time and at their own discretion without giving you the reason and based on the rules.

They probably wouldn’t do that if you follow their rules because first, they don’t want to lose good clients and second, they don’t want to see massive defamatory reviews throughout the internet.

The mentioned rules are in common between all the forex brokers offering no deposit bonus but there are some conditions that vary from broker to broker.

That’s why I’ve made this comparison table and concise review of forex no deposit bonuses for different brokers so you can have a better understanding of the bonuses in general and their different terms and conditions in particular.

You can also see more in-depth reviews specifically for the no deposit bonus of the brokers by clicking on the see review button in the list.

I’m going to talk about the different conditions that you see in the table but before that, I think it’s worth mentioning that:

How do I review brokers offering forex no deposit bonus

All these no deposit reviews are based on my experience with the forex brokers from requesting and receiving or not receiving the bonus to going through terms and conditions of them.

I’ve also asked them various questions via email and live chat in case of ambiguity or unavailability of information regarding the terms and conditions of the bonus.

The next metric I consider is brokers’ regulation. It’s hard to trust brokers without being regulated by at least one regulatory body.

Even some regulated brokers act insincerely towards some clients let alone non-regulated ones.

Anyway, I’ve just started testing the brokers offering no deposit bonuses so I’ll add more to the list. You can visit this page every now and then to find more.

In case you have doubts about any of them, you can either read the conditions on their website or ask them by yourself.

All in all, use the information on this page at your own discretion.

Now let’s take a closer look at the parts of the forex no deposit bonus list or table.

Forex no deposit bonus withdrawal and profit withdrawal

There is a difference between brokers on withdrawablity (I’m not sure it’s even a word) of the no deposit bonus itself.

Some brokers’ bonus is withdrawable and you can take it out of your account after trading a specific amount of lots. In other words, although you can withdraw the bonus, you can’t withdraw that right away but you can trade and release that.

On the other hand, some brokers’ bonus is not withdrawable whatsoever. It’s only designed so that you can trade and make a profit out of that.

After that, you can withdraw the profit but again, you can’t take it out without meeting some conditions. In this type of bonus, you also need to trade a required number of lots before withdrawing the profit.

Most brokers’ no deposit bonus is in the second category where you can only withdraw the profit, not the bonus itself; however, there are a few brokers that offer the withdrawable bonus.

You can find this in the bonus and profit withdrawal column of the list.

Expiration period

Sometimes, there’s a limitation on the period you can trade with the forex no deposit bonus account. Not all brokers have this condition but most of them do.

To be honest, I haven’t found any meaningful connection between the bonus duration and other factors of the bonus.

There are even some brokers that don’t have any limitations on trading period using the bonus.

You should consider this along with the required lots to see if you can meet them. If your strategy doesn’t generate enough tradable positions, you might consider going with the brokers that have longer time period or even pick the ones with an unlimited period.

Be careful, if the bonus period comes to an end, your open trades or positions will be closed automatically at the market price, so it can be a good idea to trade carefully during the last day.

Required lots for releasing bonus and profit

We’ve touched on this one to some extent. As you know now, the forex no deposit bonus and/or the profit gained from that isn’t withdrawable right away.

You need to trade a number of lots to redeem that. Again, there isn’t a common rule for determining that and every broker has its own calculation to set the number.

I think this is one of the hardest parts of the offer and somehow unfair.

Ok, this is free money, or free with some strings attached, but they can loosen up the attachments a little bit.

You definitely can’t train or hold a solid money management. It can grow bad trading habits if you are not aware of what you do and adopt that destructive habit.

However, without breaking some money management rules, it seems impossible to make a profit from some of the no-deposit bonuses.

I think the best strategy for that is to be more aggressive in the early stage and after building up the account, you can take a tighter approach.

For example, instead of risking 2 or 5 percent of your account, go with the 20 percent at first if your strategy doesn’t show you enough setups to trade.

On the other hand, if you can find more positions to trade, you can risk less percentage for each trade and the high number of trades would make up for that.

By the way, be careful not to push it by generating meaningless and countless trades and lots because your bonus will be in danger of cancelation by the broker. Maybe it could be a good idea to ask them how much risk is allowed per trade.

To sum it up, you have to find a way to meet the required lots within the time period but before that, make sure to read the conditions of the brokers so that you can pick the one that suits you the most.

Forbidden strategies for forex no deposit bonus

Expert advisors (eas), scalping, and hedging are the main strategies that most brokers have problems with when it comes to their no deposit bonus offers.

Most of the brokers normally allow these strategies specially eas and scalping but they don’t like them for the bonus accounts.

Why is scalping not allowed for no deposit bonus?

Basically, when you scalp, you send the broker lots of orders in a short period of time so they have to manage the orders quickly either by sending them to liquidity providers such as banks, financial institutions, etc. If they are NDD or fill the orders internally by matching the orders (you sell, someone buys and the broker matches it together) if the broker is DD.

In a nutshell, you bring them lots of work that should be worth it for them to do.

If you have a large account, most of the brokers don’t have any problems with scalping because first, you trade in a large number with high lots and it means more commission for them.

Secondly, it’s so much easier for them to fill larger orders than smaller ones.

For example, their liquidity provider has a $100k sell order on GBP/USD (a british has sold something to an american and received dollars and now wants to exchange it for pounds).

Now the broker wants to fill its client’s orders with that $100K. 100 buy orders, each with100 lots can do the work but how many buy orders with 0.1 lots are needed to do the same job? You’ll do the math.

If you don’t scalp and give them time, it’s not a big deal and they find smaller orders like you to match or even hedge that (fill it by themselves to find the right price) but when you send them lots of small orders with different price every minute, it becomes harder for them to find your requested price and they can’t always hedge that because they can’t calculate the risk if there are numerous orders.

You give them a very small commission or spread and lots of orders that they need to hedge so for them it’s not worth risking in some cases.

We’re not talking about one scalper here with whom the broker might have problems. They can handle some but lots of them, they might get into trouble.

Having said that, most reputable brokers don’t generally have problems with scalping nowadays even with small accounts when you want to trade with your own money.

They don’t accept scalping for their no-deposit offers because I think the bonus account holders are a big chunk of their clients. What if a part of them were scalpers with a small bonus account!!

We give you free money to trade and now we have to handle lots of scalpers with small accounts as well? No thanks.

To be fair, that’s not an irrational argument and we shouldn’t blame them for that. In this case, they’re somehow right.

Hedging is not allowed

Another strategy that is forbidden when trading with a forex no deposit bonus account is hedging.

In simple words, hedging means: trading the opposite side of your current position.

Mostly, traders do that because they want to lock their trades when it’s in the red and they’re losing money so they lock the position to reevaluate the situation.

For example, you buy EUR/USD at 1.1168. The price goes against your favor and gets to 1.1145 so you decide to sell that in order to lock your position and your loss. Then you can reanalyze and decide later which side you want to unlock.

On the other hand, you may be in the profit and suddenly the market gets highly volatile, for example as a result of important news, so you decide to lock your profit to see what will happen when the excitement subsides.

US brokers are banned from letting their clients hedge according to the US regulations but other brokers including the brokers introduced here don’t generally have any problems with that.

However, when it comes to the no deposit bonus accounts, most of them don’t allow that. I couldn’t find any logical answer for that and none of them gave me a reasonable answer.

Why is eas not allowed for forex no deposit bonus?

The next method that some brokers don’t allow especially in the no deposit bonus accounts is using automated trading or as we know it in forex : eas.

Most of the brokers don’t have any problems with eas in general but they prohibit this kind of method for no deposit accounts.

I asked the ones that don’t allow eas and they told me:

Because this type of account is more like a training account for beginners so eas can’t help them to become a trader. Moreover, they don’t know automated trading well so they would probably choose the wrong and losing eas and blow the account.

I’m not sure how convincing the answer could be but that’s one of the conditions that some of the brokers have for this type of account.

However, they said this condition is only for no deposit accounts and if you deposit your own money everything’s allowed.

In conclusion, if you don’t use any of those three methods, you probably won’t have any problems with the brokers’ no deposit accounts.

Type of accounts

There are two important factors in the type of no deposit accounts we need to pay attention to.

As long as these types of accounts are small and in most cases we have a limited time period for releasing the required lots, having more options for lot size can be an advantage.

If we are bound to just one lot size like 0.01 and have limited time to trade, releasing required lots is absolutely hard to pull off.

However, it can be a good opportunity from training perspective because if you are a newbie, you can’t blow up your account quickly — actually you still can but it takes a little bit longer ��

On the other hand, if you have more choices for lot size, you can diversify your trading by using different methods as we talked earlier — you can trade with bigger lots at first and modify that when your account is chubbier.

The second important factor is leverage. Leverage is a double-edged sword. It can be both to the benefit of you and your enemy.

Having more leverage basically means having more money to trade and risking higher. You can win more if you are a profitable trader but you can raze your account to the ground sooner if you don’t know what you’re doing.

In general, for smaller accounts, you can risk more so having larger leverage can come in handy especially for no deposit bonus accounts.

In no deposit account, not only do you have a few bucks to trade but you also have a limitation on time and sometimes on lot size so you need all the possible money for that in general.

The bottom line

Forex no deposit bonus is an opportunity for beginners who haven’t tried live accounts and want to leave demo trading behind and become familiar with real trading. No deposit bonus can help them to achieve that without spending a dime and trade with free, but real money.

It’s also useful for the traders who want to know a broker better and see the performance of the broker in the real condition of the market.

It can also be beneficial for those who don’t have enough money to trade but they can trade profitably and make money out of trading so they have a chance to do so.

Whatever reason you have for using any forex no deposit bonus, you need to know the terms and conditions of the bonus you choose otherwise you may cross a line and cause the cancelation of that or you can’t meet the requirement as a result of unawareness and lose the bonus.

Yes and no. There are bonuses that are not withdrawable and you can only withdraw the profits gained from them. On the other hand, there are some that you can withdraw both bonuses and their profits.

You need to trade a specific number of lots in most cases in order to have permission for withdrawal. For example for a $10 bonus, you need to trade 2 lots.

The most common ones are scalping, hedging, and using eas however, they are allowed in some cases — especially eas.

At first, in some cases, yes but sometimes no, however, when you want to withdraw the bonuses or profits, you definitely have to submit them to be verified.

So, let's see, what we have: forex NO DEPOSIT bonus - newest no-deposit bonuses from forex brokers in 2021. Forex no deposit bonus to a live account - free! Profits can be withdrawn without a deposit! At forex broker no deposit