Trading platform with free bonus
While you may be able to sign up for a free demo account and should if, given the opportunity, there is nothing like trading on the live platform, making real trades.
Top forex bonus list
The no deposit forex bonus allows you to try out the desktop and mobile versions of the site before you deposit your funds. Risk warning: the products offered by the companies listed on this website carry a high level of risk and can result in the loss of all your funds. You should never risk money that you cannot afford to lose.
No deposit bonuses
The term "no deposit" refers to the fact that you can open a forex no deposit account to benefit from a free money trading bonus. The purpose of this is to give the broker a promotional edge and attract new traders. A no deposit bonus means that you can trade on the platform before you decide whether or not to make a real money deposit.
Many forex brokers are offering this incentive. The amounts they offer will vary, and it will take time to search for the one that offers what you are looking for. In addition to the free bonus it is useful to find one that offers a demo account. This way you get lots of chance to practice before you risk your own money.
We spend our time reviewing the various brokers so if you don't have time to trawl through the best forex brokers, fear not! Our team are experienced in forex trading. They know what to look for, what makes a good broker and what you need. Select from our list of recommended brokers and choose the one that best suits your needs.
In this article, you will learn:
Why forex brokers offer no deposit bonuses the pros and cons of using this type of bonus tips for using your sign up incentive well
Top rated forex sites
Risk warning: the products offered by the companies listed on this website carry a high level of risk and can result in the loss of all your funds. You should never risk money that you cannot afford to lose.
Ad disclosure: some of the links that you will find on this website are advertisements for which we do receive financial gain for referring new customers.
How to use your bonus
When you open a forex account, you should have a clear trading strategy. You might find that those that offer forex bonuses don't provide a demo account and vice versa. If you can find one that provides both and ticks all of your other boxes then this gives you a good start. So how should you use your forex no deposit bonus?
Testing the platform
While you may be able to sign up for a free demo account and should if, given the opportunity, there is nothing like trading on the live platform, making real trades. The no deposit forex bonus allows you to try out the desktop and mobile versions of the site before you deposit your funds.
Comparing brokers
You may be stuck between two brokers and struggling to decide which one is for you. If they both offer a no deposit bonus, you can try them both to see which one you prefer. That way you haven't had to spend your money to find out which best suits your requirements.
Try something new
If you have experience in trading the USD/GBP for example but not the USD/AUD, then you may want to use your free bonus to try this new currency pair. You may be used to investing in the more major pairs and fancy trying a pair where you might get a greater spread. Tropical pairs, as they are called, are often very profitable.
Practise early trades
While a no deposit bonus won't be huge, it does allow you to practise on those first few trades and get any early mistakes out of the way before you risk your own money. This way, when you eventually start investing with your real money, you have more of an idea of what you are doing.
You can use the demo account to get used to trading on the platform and then you can use the bonus to make live trades. This is all before you even consider touching your own money. The two complement each other to provide you with the best trading experience.
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Risk warning: the products offered by the companies listed on this website carry a high level of risk and can result in the loss of all your funds. You should never risk money that you cannot afford to lose.
Ad disclosure: some of the links that you will find on this website are advertisements for which we do receive financial gain for referring new customers.
Why brokers offer deals
Forex bonuses are probably the most significant promotion that a forex broker offers. Along with this form of incentive you will also see match deposits, demo accounts, refer a friend and several other incentives. They are all designed to give the broker the edge and make them stand out from all the other companies. It can be a very competitive environment with everyone trying to corner the market and be the best.
The trouble is there is only so far that they can go. While one broker might offer a massive no deposit forex bonus, another broker might provide an excellent demo account. When looking for the right broker for you there will be many different choices with quite a complex range of forex bonuses. From $5, $10, $20, $25 to amounts stating "up to $1,500" bonus, it can be hard to know where to begin. Each broker tries to differentiate themselves in any way they can.
This is good news for you as a trader. It means that there is plenty of choices when you are searching for the perfect broker. If you can find a broker that offers a forex no deposit bonus to use on your live account, a demo account, and one that has a mobile app and a website that provides plenty of education tools then you have pretty much everything you need. Of course you must make sure that they are trustworthy and reliable as well.
5 trading apps with free bonuses
Who doesn’t love a great bonus? We do. We’ve complied the best trading apps with free bonuses so that you can start your trading off with a bang.
Let’s have a look at the best free bonus trading apps.
1. Moomoo
Best for: US stock traders & investors
Bonus: 3 free stocks (up to $1,250)
Moomoo offers a great free bonus offer for new registrations. You can grab 3 free stocks valued up to $1,250.
2. Currency.Com
Best for: crypto traders
Bonus: up to $100
Currency.Com is a free, regulated trading app which gives you a random bonus of up to $100 USD value when you sign up, complete verification and make a deposit.
3. Coinbase
Best for: cryptocurrency enthusiasts
Bonus: $10 free bitcoin
Free bitcoin? Why not! Coinbase offers a $10 free bitcoin bonus offer to new registrations who use an invite link to sign up. The bonus is deposited into your coinbase account.
You have to trade at least $100 of cryptocurrency to get the $10 bonus. After you get the bonus, you can trade it or withdraw it to your bank account or paypal.
4. Webull
Best for: US traders
Bonus: 2 free stocks (up to $1,400)
Webull is a popular alternative commission trading app. When you deposit any amount, you will get 2 free stocks worth up to $1,400 – cool right? The difference between this bonus is the value – it’s up to a huge $1,400. Will you be lucky? Find out by grabbing your free stocks today.
You can sell the free stocks and withdraw them directly to your bank account.
Best for: anyone
Bonus: free VPN
XM is one of the world’s leading CFD trading apps. They’re currently running a neat promotion which gives you a free trading VPN – don’t miss out on it! Sign up for a free XM account today.
Summary
There are a ton of awesome free bonuses on trading apps, it’s hard to choose the best ones, but these are our personal favourites.
There’s no limit to how many bonuses you can redeem you can get, so why not try them all?
Here’s our final roundup of the best free bonus trading apps.
- Currency.Com: best overall
- Moomoo: best for advanced traders
- Coinbase: best for cryptocurrency traders
- Webull: best for US traders
- XM: best for everyone
Have you seen any other awesome free trading bonuses? Let us know in the comments!
Leave a comment cancel reply
About us
Trading apps is your trusted guide to the world of trading on mobile applications. We test and review hundreds of trading apps to bring you the best. Learn more about us on our ‘about‘ page.
Bonus
Day trading with bonus funds can give your account a boost. From no deposit bonus schemes to explaining why free bonuses are usually not free at all, we explore the bonus and promotion offers at a range of brokers. We detail the types of bonus available, why forex trading bonuses might differ and which strategy can maximise bonus returns. We also reveal why the key to bonuses is always to read the terms and conditions…
This page also lists all bonus offers and similar promotions available to traders in the united kingdom 2021.
Bonus offers january 11 2021
What is a bonus?
A bonus provides you with free money for trading and is normally offered by a broker as an incentive to attract new clients who can then try trading with little or no risk.
There are different types of bonus offers and requirements for getting the bonus paid out to your account. We detail these below.
No deposit bonus
The “no deposit bonus” is the most lenient of bonuses, as it does not require you to deposit any funds at all before you get the bonus. Normally a broker wants you to at least deposit some funds with them before you can get your bonus, but with a “no deposit” bonus they allow anyone to get the bonus after creating a new account.
Note that there might still be requirements to fulfil before you can get your trading profits paid out, and those requirements might be stricter for this kind of bonus than for others. Normally you have to trade a certain total volume before you can withdraw the profits derived from the bonus money.
Considering how generous it is to hand out free money to new traders, that makes a lot of sense. Make sure you are ok with those requirements before you sign up.
Welcome bonus
A “welcome bonus” is a way to reward new traders who sign up for an account, to make them feel welcome and to make it easier for new clients to start trading right away. A welcome bonus might require you to make a deposit, so make sure you agree with the bonus requirements before you sign up.
Deposit match bonus
The “deposit match bonus” will match a percentage of your deposit, up to a certain maximum amount.
For example, if the bonus is a 30% match up to $5,000, and you deposit $1,000, you will get an additional $300 from the broker ($1,000 * 30%). With this example offer the most you can get is $5000, which you would get when depositing at least $16,667 ($16,667 * 30% = $5,000). Even if you deposit more than that, you will still only get the maximum $5,000.
Note – we have seen alternate definitions of the maximum amount, where 30% match up to $5,000 would rather mean that even if you deposit more that $5,000, you will only get the 30% paid out on $5,000. In other words, the maximum amount pertains to the maximum deposit on which you will get the 30% bonus, and NOT how much bonus you can maximally get.
OBS! For a serious trader the distinction between the two maximum amount definitions can make a big difference, so make sure you understand the requirements before signing up and depositing.
Considerations
Most bonus types have requirements regarding how much you have to trade before you can withdraw profits. For some traders this is ok, while to others it becomes a source of frustration.
Due to bonus abuse by many unscrupulous traders, the requirements have by necessity become so strict that you might be better off without one. However, it’s impossible to give individual advice, as it comes down to how much money you want to trade with and how long you can wait before you make a withdrawal.
In the long run a bonus will not make a huge difference to many traders, and might make things feel more complicated and thus spoil the joy of trading. Only use a bonus if you feel it makes sense to you personally.
Do I have to accept a broker's trading bonus?
Normally you don’t have to accept a bonus deal just because a broker is offering one. You might have to explicitly opt out of a bonus however, so make sure to check the terms and conditions when signing up.
Is a bonus basically free money?
While a bonus offer can sometimes sound like free cash with no requirements involved, there are always terms and conditions attached. If this wasn’t the case, what would stop dishonest traders from just withdrawing the funds without trading?
Forex trading without deposit | no deposit bonus explained
It’s generally known that in order to get started in forex, you need to put a lot of resources into it. And while these resources can be your time and energy, the most straightforward one is, of course, your money.
It’s no surprise that one regular lot is equal to 100,000 currency units – forex trading is definitely an expensive endeavor. However, there are still some ways in which you can start trading forex while maintaining some sort of profitability without spending hundreds of thousands of dollars.
No deposit bonus in a glance
In forex trading you can, in fact, start trading with no money of your own or even making a deposit. With free no deposit bonus offered by the top forex brokers, you can start forex trading without deposit with a good boost.
There is no sense in hiding the fact that FX trading is risky, especially if you are trading without proper knowledge and at least minimal experience. In an attempt to prevail over the risk of losing your money and to stay safe, it is undoubtedly better to start trading with a free forex account or no deposit bonus offered by various FX brokers. Especially if such deals are not so rare at this time and even best forex brokers sometimes offer such deals.
It is always better to preview all conditions that offer you an option to trade without money of your own. So, be sure to start forex trading without a deposit now and get yourself a good and reliable deal!
But let’s say that although you’ve learned how to start deposit free forex trading, it’s still too risky for you. Thankfully, there is an alternative. One way to start trading with a broker is by opening a free forex demo account for beginners. A demo account will allow you to try your hand at trading on the real market without ever touching real money. One of the best brokers to try a free demo account with would be FXTM. If you don’t want to be working with FXTM and want access to a reliable forex broker that offers its services around the globe, alpari offers a similar service, including forex trading demo accounts. If you are a US citizen that wants to trade with local brokers, then you should go for forex.Com, who offer their services within the US and are known to be one of the best brokers in the world.
Transparent pricing and fast, reliable trade executions on over 80 currencies
Start trading with the largest forex broker in the US
How to start forex trading without deposit: tips & recommendations
As a matter of fact, a lot of brokers worldwide try to offer their clients those no deposit deals, and we’ve even seen some trading apps without deposit popping up here and there. Do not perceive this as an act of generosity though, those bonuses serve as a sort of protection for them also. But still, this is good for you if you want to start forex trading without a deposit.
Here are some of the main considerations that can help you spot a decent no deposit bonus:
- If you somehow dislike conditions and terms offered by the broker – simply skip the promotion. Let’s investigate the ways that may help you find the best bonus in FX. First of all, bonuses must be easy to understand and transparent in general conditions. If you see non-explicit information presented, avoid the promotion or ask the broker for clarification.
- If you wish to take part in the particular promotion and start forex trading without investment, then do not overlook terms and conditions. Even the smallest detail must be in your sight. A free bonus is actually not always 100% free. Some brokers may ask you to deposit some money in order to collect your profits. Indeed, such promotions are scams.
- Be attentive, because some forex brokers can demonstrate a good opportunity with their no deposit bonus, however it may ask to complete the trading volume requirement. Stay away from the bonus that asks to complete more than 1 lot for $10 to further unlock the profits and balance.
- Bonuses can vary in terms of geographical location requirements. Therefore, ensure that FX bonus accounts of the broker are given in your country as well if you desire to start forex trading without investment. Furthermore, there can be account restrictions. This means that no deposit bonuses may not always be available for every account at a particular broker. Thus, check whether you applied for a correct account.
- In addition, make sure what instruments can be traded to withdraw your profit before you begin trading as sometimes FX bonus accounts are not available for some of them. As for the withdrawal, some forex bonus brokers limit the maximum profit available to withdraw from the account. So, do not miss this field before you start trading on your no deposit FX bonus account.
- Bonuses are frequently represented only in 1 currency equivalent. However, there are many no deposit bonuses that evaluate a similar amount in your local currency, so doing your research in order to figure out how to join forex trading without making any deposits is a good way for ensuring success in the long run.
Not ready for live trading? Try IQ option demo account!
Practice your trading skills with free $10,000 practice account!
How to start forex trading without a deposit?
As one of the cases, no deposit bonus may come with SMS verification. It is recommended to make sure that you have the right phone number prior to start applying for the bonus.
One of the last tips that can help you find a trustworthy no deposit bonus, or at least help you get through a scammer, is to save the terms and conditions document as a .Pdf file. Do this even if you deal with the best no deposit forex bonus account. You can use the help of your account manager and ask him to confirm all the statements of the bonus promotion in which you participate.
Start forex trading without deposit: introduction to best no deposit bonuses
Although there are very good no deposit bonuses offered by industry leaders and most proficient brokers, you should understand one fact: FX bonuses without a deposit are most frequently offered by bad brokers. That is the very reason why you should be very careful not to get entangled with a scammer.
All this leads to us stressing how important it is to be attentive at all times, so be attentive to details when researching how to start trading with no deposit bonuses. Fortunately, we have examples of the best brokers/investment firms.
Start forex trading without investment: XM forex broker
To begin with, XM is recognized by the united kingdom-based organization – investors in people for its powerful efforts in developing individuals to realize their entire potential and achieve both individual and corporate goals. We should also admit that this organization provides a huge amount of proven tools and resources specially designed to complement its unique framework with an aim to boost performance and indeed maximize sustainability. XM achieves this standard by showing that it is a driving force in the online trading sector and is committed to the provision of services and products of the best quality. How to start forex trading without money? If you are interested, you can claim the XM 30 USD no deposit bonus!
Get your 30 USD no deposit bonus with XM, and start trading today
Sign up with top tier broker and get the best no deposit deal on the market
*clients registered under the EU regulated entity of the group are not eligible for the bonus
No deposit bonus as an alternative – is it worth it?
So, now that you know what no deposit bonuses are and how they work, one question remains active: is it actually worth it to sign up for one yourself? Will you get any significant benefit from it?
The answer to that question is subjective; some traders can definitely find use in this type of promotion by amassing a small account balance and then turning it into a full-blown trading career. But in order to do so, you need to be very careful not to catch a scammer instead of a legitimate promotion issuer.
As for other traders, they often prefer spending their own money, which gives them more incentive to be more careful in the market – after all, it’s their own money they’re risking.
So, suffice to say no deposit bonuses have their time and place; one just has to seize that exact moment.
Welcome bonus 30 USD
Welcome bonus deposit without having to invest your own funds to the account!
Welcome bonus 30 USD is a special welcome deposit for roboforex clients, which is given on an individual basis at the discretion of the company. Join the program and you’ll get a chance to receive initial capital for trading!
Opportunities for roboforex clients
The initial capital
Without investing your own funds to the account.
Withdraw the profit
You earned when trading using your own and extra funds without any limitations
How to receive welcome bonus 30 USD?
Activate the code in members area
Go to "extra funds" section and enter the code (it was sent by e-mail and via SMS) into the corresponding field.
Open a new account at roboforex
Welcome bonus 30 USD is available for all metatrader4-based trading accounts of pro types. If you don’t have any accounts of these types yet, you can open one right now.
Rules of the program and examples of calculation
General provisions
Welcome bonus 30 USD (hereinafter called welcome bonus) is a special welcome deposit for roboforex clients, which is given on an individual basis at the discretion of the company.
The amount of welcome bonus is 30 USD or 3,000 cents (depending on the account type).
Welcome bonus can be transferred to the account with EUR as the base currency. In this case, the amount will be converted into EUR according to the company’s internal exchange rate.
Welcome bonus can be received only to the following types of metatrader4-based accounts with USD or EUR as the base currency: pro-cent, and pro-standard (except for copyfx and contestfx accounts).
More about roboforex accounts types
Each client can receive welcome bonus only once.
The offer is valid for clients from all countries, except for republic of indonesia and islamic republic of pakistan.
Welcome bonus is only available for the accounts with the leverage up to and including 1:1000.
Receiving welcome bonus
To receive welcome bonus, you have to activate the special code in your members area. The code is sent to the participant’s e-mail address, which he specified during the registration.
To activate the code, you have to do the following:
- Go to "extra funds" section of your members area.
- Enter the code into the corresponding field.
- Read the conditions of the program and tick the box if you agree.
Welcome bonus is transferred to the client’s account within 5 business days.
Validity period of the code is limited to 30 days. If the code is not used during this period, it will be automatically cancelled and marked as "expired".
Working with welcome bonus
clients can use in trading both their own funds and welcome bonus extra funds without any limitations. In this case, the extra funds can be used during "drawdown" – i.E. If the equity on the client’s account becomes less than welcome bonus extra funds, the extra funds will not be written off from the client’s account until stop out takes place.
During "drawdown", the client’s own funds will be written off in the first place, including the cases when these funds were deposited after receiving welcome bonus.
Show an example
Example: you deposited your account with 1,000 cents and received 3,000 cents as welcome bonus. After trading, your profit is -500 cents. This loss will be covered by means of the client’s own funds and the sum available for withdrawal will be 500 cents, which is the client’s own funds minus the profit.
There are no special commission for withdrawal for the participants of the offer.
Cancellation and writing off
Once stop out takes place, all welcome bonus extra funds will be written off from the client’s account.
The client has the right to reject the received welcome bonus at any moment.
The profit received from trading using the extra funds and the client’s own funds will not be written off from the account in none of the above-mentioned cases.
Please note that roboforex reserves the right to, at any time and without any given reason, refuse to grant welcome bonus or write off from the account of the previously issued welcome bonus, as well as revoke (cancel) all transactions that have been made using the welcome bonus extra funds. This condition is considered to be accepted (agreed with and accepted) by the client starting from the moment of depositing the “welcome bonus 30 USD” to his trading account.
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A many-time thai boxing world champion, an experienced trainer, and an honored master of sports.
Roboforex ltd is an international broker regulated by the IFSC, license no. 000138/107, reg. Number 128.572.
Risk warning: there is a high level of risk involved when trading leveraged products such as forex/cfds. 58.42% of retail investor accounts lose money when trading cfds with this provider. You should not risk more than you can afford to lose, it is possible that you may lose the entire amount of your account balance. You should not trade or invest unless you fully understand the true extent of your exposure to the risk of loss. When trading or investing, you must always take into consideration the level of your experience. Copy-trading services imply additional risks to your investment due to nature of such products. If the risks involved seem unclear to you, please apply to an outside specialist for an independent advice. Roboforex ltd does not target EU/EEA clients. We don't work on the territory of the USA, canada, japan, australia, bonaire, curaƧao, east timor, liberia, saipan, russia, sint eustatius, tahiti, turkey, guinea-bissau, micronesia, northern mariana islands, svalbard and jan mayen, south sudan, and other restricted countries.
At roboforex, we understand that traders should focus all their efforts on trading and not worry about the appropriate level of safety of their capital. Therefore, the company took additional measures to ensure compliance with its obligations to the clients. We have implemented a civil liability insurance program for a limit of 5,000,000 EUR, which includes market-leading coverage against omissions, fraud, errors, negligence, and other risks that may lead to financial losses of clients.
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All rights reserved.
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Beginners in forex have peculiar needs. It takes approximately 18 months of consistent coaching, mentoring and practice to be able to cross from the realm of being a beginner to the realm of being an intermediate-level trader. This fact was put across by the CEO of a UK-based proprietary trading firm. The question is: what does the beginner do for the 18 months that it will probably take to make that transition? A lot of practice on demo and live accounts as well as a lot of study of all kinds of materials that range from the actual trading process, to trader psychology will have to be done.
Notice that we have mentioned the fact that a lot of trading will have to be done, both on demo and on a live account. So traders will have to understand the kind of platforms that they will need to use in order to get a lot of learning from those platforms. This article describes the forex trading platforms that beginners will need to use to take their skills to the next level.
- Metatrader 4 (MT4)
Almost every retail forex brokerage offers the MT4 platform. If you are going into warfare, common sense reasoning dictates that you practice with the same weapon which you will have to use on the warfront, as no one goes into battle with an unproven rifle (or unproven skills for that matter). So if you are going to start off trading any real money, you simply have to start your learning journey with the MT4 platform.
Apart from the fact of practicing with the platform that will be encountered in live trading, the MT4 has certain features which will actually boost the trading skills of the beginner if used properly. Some of these features are as follows:
- The MT4 charts make for very easy reading and it does not take much to master how to use the various tools and graphical objects on the platform.
- The terminal window is loaded with tabs that are pure assets: a news bar for news trading as well as the markets, code base and signals tabs for accessing resources on the MQL4 community.
- An easy to use interface
- Usage of expert advisors.
The MT4 comes as a browser-based version known as the webtrader. You can also download the MT4 as a generic mobile app on the google play store and app store for ios-based devices. So for any beginner in forex, the MT4 is the 1 st trading platform that you must acquaint yourself with.
Top forex brokers with metatrader 4 platform
Broker | info | bonus | open account |
---|---|---|---|
min deposit: $5 spread: from 0.2 pips leverage: 500:1 regulation: FSA (saint vincent and the grenadines), cysec | 50% deposit bonus, real contest 1st prize luxury car BMW X5 M, copy trading, trade&win. | Visit broker | |
min deposit: $1 spread: from 0 pips leverage: 3000:1 regulation: cysec, IFSC | $100 no-deposit bonus, 100% deposit bonus | visit broker | |
min deposit: $5 spread: from 0 pips leverage: 888:1 “*this leverage does not apply to all the entities of XM group.” regulation: ASIC, cysec, IFSC belize | “50% +20% deposit bonus up to $5,000, loyalty program bonus “*clients registered under the EU regulated entity of the group are not eligible for the bonus and the loyalty program” | visit broker | |
min deposit: $1 spread: from 0 pips leverage: 2000:1 regulation: FCA UK, cysec, FSP, bafin, CRFIN | 35% of the account deposit | visit broker | |
min deposit: $50 spread: starting 0 pips leverage: up to 400:1 regulation: FCA UK, NFA, CFTC, ASIC, IIROC, FSA, CIMA | visit broker | ||
min deposit: $300 spread: floating, from 0 pips leverage: 500:1 regulation: FCA UK reference number 579202 | visit broker | ||
min deposit: $200 spread: starting 0 pips leverage: 500:1 regulation: ASIC australia, FCA UK | visit broker | ||
min deposit: no minimum deposit spread: 1.2 pips leverage: 50:1 regulation: CFTC, NFA, FCA, MAS, ASIC, IIROC | visit broker | ||
min deposit: $100 spread: starting 0 pips leverage: up to 500:1 regulation: FCA UK, ASIC australia, MAS singapore | visit broker | ||
min deposit: $1 spread: fixed spread from 3 pips leverage: up to 1:1000 regulation: CBR, cysec and FFMS | 30% forex deposit bonus | visit broker |
- Metatrader 5 (MT5)
The MT5 is the next level platform in the metatrader platform series. While it retains many features of the MT4, there are some enhancements and outright changes that have been included. There is still a lot of confusion as to what metaquotes really wants to do with the MT4 and MT5. Initially launched as a replacement for the MT4, the MT5 has found it hard to achieve the kind of market penetration that the MT4 got. So metaquotes seems just content with allowing retail brokers run along with both platforms. Some forex brokers have tried to push the usage of the MT5 by only allowing certain trading assets on the MT5. So it is not surprising that you will see some brokers offering only stock cfds or cryptocurrencies on the MT5 platforms they offer.
Best MT5 forex brokers
broker | info | bonus | open account |
---|---|---|---|
min deposit: $5 spread: from 0.2 pips leverage: 500:1 regulation: FSA (saint vincent and the grenadines), cysec | 50% deposit bonus, real contest 1st prize luxury car BMW X5 M, copy trading, trade&win. | Visit broker | |
min deposit: $1 spread: from 0 pips leverage: 3000:1 regulation: cysec, IFSC | $100 no-deposit bonus, 100% deposit bonus | visit broker | |
min deposit: $5 spread: from 0 pips leverage: 888:1 “*this leverage does not apply to all the entities of XM group.” regulation: ASIC, cysec, IFSC belize | “50% +20% deposit bonus up to $5,000, loyalty program bonus “*clients registered under the EU regulated entity of the group are not eligible for the bonus and the loyalty program” | visit broker | |
min deposit: $1 spread: from 0 pips leverage: 2000:1 regulation: FCA UK, cysec, FSP, bafin, CRFIN | 35% of the account deposit | visit broker | |
min deposit: $200 spread: starting 0 pips leverage: 500:1 regulation: ASIC australia, FCA UK | visit broker | ||
min deposit: $1 spread: fixed spread from 3 pips leverage: up to 1:1000 regulation: CBR, cysec and FFMS | 30% forex deposit bonus | visit broker | |
min deposit: $100 spread: from 0,2 pips leverage: 1:200 regulation: FCA UK (#186171), cysec (#259/14), CIMA (1442313) and DFSA (F000048) | 10% welcome bonus up to $5,000 | visit broker |
So once a beginner is through with the MT4, the next best platform to master would be the MT5. The similarities between both platforms will enable easier mastery of the MT5. Just like the MT4, the MT5 has a web-based version and also comes as a generic mobile app which can be downloaded from the android and google play stores.
- Ctrader
This platform from spotware systems is a trading platform that introduces beginners to ECN trading conditions. It goes hand-in-hand with the calgo, which is the platform used to build algorithms used on the ctrader. The ctrader enables the trader to make multiple exits on a forex position, and also allows the viewing of the market depth on a broker’s order books. The beginner can also perform deposit and withdrawal transactions within the platform interface.
The ctrader has a desktop and web-based version. The web-based version loads quite easily, and also has a new feature introduced into the latest version: the “ctrader copy”. This is the social trading product of ctrader, and allows the beginner to copy the trades of successful traders from within the ctrader platform itself! This is a stunning innovation and has taken the concept of social trading to another level.
Ctrader copy platform
Even though the interface of the ctrader is a bit more difficult to get around than the MT4, the beginner can easily rearrange the interface to create a customized workspace setting.
- Etoro social trading
There is no way we can conclude a discussion on the best forex trading platforms for beginners without mentioning a social trading platform. Etoro’s social trading platform happens to be the one best suited for beginners. Its simplicity, ease of use, light nature (it is web-based) and provision of leader selection metrics that are easy to use, makes this the go-to social trading platform for beginners.
Beginners can select assets to make up a watchlist, and they also get access to a well-arranged format of selection of leaders whose trades can be copied. Of particular importance is the risk score, which is probably the most important metric that should be considered by beginners when selecting a leader. The risk scoring system of etoro is one of the best out there. It shows in clear figures and in graphical form, how conservative or how risky a leader’s traders are.
For beginners who want to start profiting from forex even as they continue to study the market, etoro’s social trading platform affords them such an opportunity.
Conclusion
The four platforms discussed above are the best forex trading platforms for beginners, and were compiled as a result of the writer’s 14-year experience in the forex market.
Introduction to the sirix trading platform
Sirix, is the name of a retail forex trading platform. This trading platform is from a company called leverate which was founded in 2014 in cyprus. Sirix trading platform is one of the many different retail forex trading platforms available for traders to trade with.
However, unlike its bigger competitors such as metatrader or ctrader, sirix trading platform still has a long way to go. But this is often the case, given the fact that metatrader MT4 and MT5 platforms have been around for decades and have a significant market share. Having said that, there are some unique features that sirix forex trading platform has to offer, where others fall short. Read more to get a better understanding of the sirix trading platform in this article.
About leverate – the company behind sirix
The sirix trading platform is powered by the company leverate which is headquartered in cyprus. The company also has offices in a number of locations including israel. The company leverate has won quite a few awards in the past.
One of the unique things about sirix which sets it apart from other competitors in trading platforms is its liquidity pool. With platforms such as metatrader, the forex broker is free to connect to their liquidity pool of their choice. However, sirix trading platform comes with its own liquidity pool. As a result, spreads are as low as 0.2 pips on some of the major forex currency pairs.
Is the sirix trading platform good?
Firstly, the sirix trader is a web based trading platform. This might put off quite a few traders who prefer a more hands-on trading platform that allows them to download the trading platform to their desktop.
However, on the flipside, a browser based application means that the sirix trading platform is no longer subject to the operating system. So whether you are using a traditional windows system or a mac, you can easily access the markets and trade via the sirix webtrader.
The sirix trading platform is built using HTML5. This means a feature rich interface that makes it a pleasure to analyze the markets with ease. The sirix trading platform comes with a number of indicators that are ready to use.
But you might already be asking whether you can add your own custom indicator to the sirix trading platform. Unfortunately, this is not the case. So if you have a custom forex trading strategy which requires you to make use of a proprietary trading indicator, then the sirix trading platform does limit you on this front.
In terms of order execution and order types, the sirix trading platform allows you to set pending limit or stop orders. There is no difference in this aspect between sirix or any other trading platform that is available out there.
Another limitation to consider is that you cannot make use of automated trading strategies on the sirix platform. This is simply due to the fact that a web based trading platform has its own limitations.
So for automated traders, this can be a deal breaker.
Sirix mobile trading platform
While the web based sirix trading platform has some shortfalls, it makes up for it with the suite of mobile trading apps. The sirix mobile trading platforms are widely available for ios and android environments.
And this is where the interface gets really good comparing to other traditional trading platforms. Sirix mobile trading app retains the same feature rich elements that one gets to see on the web trading interface. You can easily manage your orders, apply technical analysis using indicators and even place orders through the sirix mobile trading app quite easily.
Which forex brokers offer sirix trading platform?
There are quite a few forex brokers who offer trading on the sirix platform. These forex brokers also give you the choice to trade on other trading platforms as well. But in terms of the market share, the forex brokers who offer trading on sirix are still a bit limited.
And reading the above, you can come to your own conclusions on the reasons behind this.
Sirix trading platform – in conclusion
To conclude, the sirix trading platform seems to target a specific group of traders who wish to keep things simple. By having a web based interface, the sirix trading platform removes the need to be tied into a windows system. (traders know that when it comes to forex trading, there are a lot more options for windows based systems than mac or other linux based operating systems).
Automated trading and custom technical indicators do not fit well with sirix. So this is something to consider when choosing to trade with a forex broker that offers sirix. But if your trading strategy requires the use of the default technical indicators, then sirix trading platform offers a good choice for this.
The mobile interface is also quite superior and allows traders to manage their positions on the go.
Olymp trade bonus
Olymp trade free bonus. The olymptrade trading platform gives customers a unique bonus - how to get +100%.
All traders who have registered with olymp trade are entitled to receive bonuses, as well as other promotions offered by the broker. For example, when you first replenish your account, a 100% bonus is provided. The welcome bonus is valid for one hour after registration, so it is better not to delay the deposit.
Or
use the olymp trade bonus promo code.
Olymp trade promo code
Promo codes for olymp trade right now to get up to 30% bonus on your deposit. You can take advantage of the special offer +30% at the next replenishment with a bonus coupon:
BONUS 30%
free promo code: BIGSIG30
validity: 14/02/2020 - 31/01/2021
Official site: VISIT SITE
Olymp trade bonus for traders from indonesia - link
Each trader will be able to enter the presented set of characters in a special field "promo code" to receive a deposit bonus when replenishing. The bonus is credited automatically once requested and is available for trading straight away. Login and get 30% to a live trading account 2021.
Olymp trade bonus trading platform are one of the very attractive gifts for investors to join the exchange.
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Best stock trading platforms 2020
We take a look at five of the top options for online investors
High investment minimums and transaction fees were once major barriers to entry for new investors, but the rise of online trading platforms has made investing more accessible than ever. Contemporary investing tools offer affordable trading and a variety of helpful features for both novice and expert traders.
In this article, we’ll take a look at five of the best stock trading platforms for investors to consider in 2020 and beyond. While each one provides unique pros and cons compared to the others, you can’t go wrong with any of these services.
- Best forex trading apps: trade and invest on your android or iphone
M1 finance
Affordable investing with an intuitive design on both desktop and mobile
Reasons to buy
Reasons to avoid
M1 finance is one of the most popular online investment platforms, and it’s easy to see why so many users prefer it over more traditional options. Along with powerful free investment tools, the platform also has checking accounts, debit cards, loans, and other financial services.
You can access M1 finance through the web client or the mobile app, available for both ios and android devices. Regardless of the device you’re using, M1 finance has a clear, simple design that makes it easy to find what you’re looking for.
Furthermore, most of M1 finance’s features can be used for free. There are no transaction fees, most accounts can be opened with as little as $100, and the platform even offers fractional shares. That said, retirement accounts do require a minimum initial investment of $500.
M1 finance also provides an optional premium subscription for $125 per year. M1 plus comes with 1% cashback and 1% APY on checking accounts, 1.5% off the typical loan rate, and access to the afternoon trade window for investors. None of these features are necessary to use the service, so you can always start with a free account until you decide whether to upgrade.
The M1 finance investing tool makes things simpler for all investors, regardless of their experience. Portfolios are visualized through a pie chart, and it’s easy to adjust the relative size of each asset. Users can develop their own “pies” using stocks and funds or choose from a variety of pre-built expert pies, including target-date funds and various stock/bond allocations. All things considered, M1 finance is an excellent option for most investors in 2020.
Robinhood
An accessible app for novice investors
Reasons to buy
Reasons to avoid
Robinhood is the most popular investing app on the app store, and it can also be downloaded through google play or accessed online. While it’s a functional platform for experienced investors, its features are generally designed for people who are relatively new to investing.
The service is introducing the ability to invest in fractional shares, which can be extremely convenient for more expensive stocks. Robinhood is currently in early access and should receive a full rollout in the near future.
Users can open an account without any investment minimums. Like M1 finance, robinhood doesn’t charge fees on buys or sells. Furthermore, the website provides helpful articles on a wide range of basic trading topics. These factors make it one of the most accessible options for people who are just getting started with investing.
Robinhood isn’t limited to stocks, etfs, and options. In contrast to M1 finance and many other services, robinhood has decent options for people who want to invest in cryptocurrencies. The platform currently supports the following currencies:
- Bitcoin (BTC)
- Bitcoin cash (BCH)
- Bitcoin SV (BSV)
- Dogecoin (DOGE)
- Ethereum (ETH)
- Ethereum classic (ETC)
- Litecoin (LTC)
However, one of the key downsides of robinhood compared to other investing platforms is that it doesn’t offer 401(k)s, iras, or any other retirement accounts. These accounts provide substantial tax benefits, so they’re often the most cost-effective way for new investors to get started. Furthermore, there’s no support for foreign exchange trading or certain common assets, such as bonds and mutual funds.
So, let's see, what we have: compare the best no deposit forex trading bonus deals in 2021. Check the top brokers and see how to get the biggest bonuses with no commitment. At trading platform with free bonus
Contents
- Top forex bonus list
- No deposit bonuses
- How to use your bonus
- Why brokers offer deals
- 5 trading apps with free bonuses
- 1. Moomoo
- 2. Currency.Com
- 3. Coinbase
- 4. Webull
- Summary
- About us
- Bonus
- Bonus offers january 11 2021
- What is a bonus?
- No deposit bonus
- Welcome bonus
- Deposit match bonus
- Considerations
- Forex trading without deposit | no deposit bonus explained
- No deposit bonus in a glance
- How to start forex trading without deposit: tips & recommendations
- Start forex trading without deposit: introduction to best no deposit bonuses
- No deposit bonus as an alternative – is it worth it?
- Welcome bonus 30 USD
- Opportunities for roboforex clients
- How to receive welcome bonus 30 USD?
- Rules of the program and examples of calculation
- General provisions
- Receiving welcome bonus
- Working with welcome bonus
- Cancellation and writing off
- Official sponsor of "starikovich-heskes" team at the dakar 2017
- Official sponsor of muay thai fighter andrei kulebin
- Fxdailyreport.Com
- Top forex brokers with metatrader 4 platform
- Introduction to the sirix trading platform
- About leverate – the company behind sirix
- Is the sirix trading platform good?
- Sirix mobile trading platform
- Which forex brokers offer sirix trading platform?
- Sirix trading platform – in conclusion
- Olymp trade bonus
- Olymp trade promo code
- Best stock trading platforms 2020
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