Horse forex no deposit bonus

Read the broker’s cooperation terms closely. The careful reading in advance allows you to understand the terms of bonus use and withdrawal, and whether they’re convenient to you or not.
Be prepared to verify your personal data. You needn't worry about official verification. Conversely, it reflects the broker seriousness. So don’t be afraid to provide broker with your real contact details and ID scan.
Use a fast profitable strategy to work the bonus off. The correct strategy is important not only for working off the bonus, but also for the further trading work. Develop your trading strategy responsibly.

Top forex bonus list

How to get no deposit bonus, horse forex no deposit bonus.

Forex trading without deposits,
Chance to test yourself in trading,
Chance to try out trading strategy,
Real opportunity to earn.

How to get no deposit bonus

There are many brokers represented in the forex market, and each of them may offer different terms to get the bonus. However, in general, the first step is a client verification. After the bonus funds are credited to trading account, client may use them for trading. No deposit bonus is ideal option to get started, because it allows client to make sure the system really works. Also, the bonus may be used for testing a new trading strategy, and allows trader to find out how profitable this strategy is. No deposit forex bonuses are the real money, which can be received if a number of specified terms are fulfilled.

No deposit bonuses benefits

No deposit forex bonus is a strong tool that assists the broker to attract new clients. Therefore, it’s beneficial for everybody. With the right approach, trader can use this bonus to trigger his further trading activity.

The main advantages are obvious:

Forex trading without deposits;

Chance to test yourself in trading;

Chance to try out trading strategy;

Real opportunity to earn.

No deposit forex bonus types:

There are several types of no deposit forex bonuses:

Sign-up bonus. The bonus funds are credited to the new clients, and the risks are equal to zero. To get reward a trader should only sign up.

Welcome-bonus. To get these bonus funds a client should verify personal data.

Conditional no deposit bonus. It’s the most common bonus type, you can find its features in this article.

Common mistakes of novice traders

To make profit with the bonus help, take it seriously. The bonus is an excellent basis for successful trading. Use these bonus funds as your own funds.

Some advices to get forex bonus:

To get the most beneficial forex bonus, take some advices:

Read the broker’s cooperation terms closely. The careful reading in advance allows you to understand the terms of bonus use and withdrawal, and whether they’re convenient to you or not.

Be prepared to verify your personal data. You needn't worry about official verification. Conversely, it reflects the broker seriousness. So don’t be afraid to provide broker with your real contact details and ID scan.

Use a fast profitable strategy to work the bonus off. The correct strategy is important not only for working off the bonus, but also for the further trading work. Develop your trading strategy responsibly.

No deposit forex bonus is the chance to earn without risks and investments!

Forex no deposit – free 30$ no deposit bonus to trade

Have you ever thought of a trading opportunity that gives you a bonus without an initial deposit? We are pretty sure that you have not. But here we are going to introduce the best trading bonus opportunity, which requires no deposit. Forex no deposit bonus is the most famous trading opportunity that XM trading offers on behalf of you. You have zero risks in trying out this opportunity since you require no deposit. But before that, you have to know everything about it.

Forex no deposit bonus

A $30 trading no deposit bonus is the most trending promotion introduced by forex to you. There are many reasons for this to be trending. There is no doubt that this would be a good chance for you to start working with XM trading.

The $30 trading bonus does not ask you for an initial deposit. Yes! Forex no deposit bonus is the most significant benefit of this promotion.

They automatically create your account when you register with them.

And the best thing is that you could earn all your profit and withdraw that profit.
And you receive a bonus on non – withdrawals.

Don’t you find it excellent?

Let’s talk more about this. But before that, you should know about XM trading.

Who is XM trading?

XM is a company that was found in the year 2009, and now they have 450 plus financial experts working with them to serve you and more than 3,500,000 clients who get their service. They can handle you in many languages, and they work with traders from 196 countries in the world. They provide 24/5 personal customer care service with 16 full feature trading platforms. They have the aids to do with the customers from different social, cultural, and economic backgrounds, and their management has visited more than 120 countries to assist their clients. You would get their assistance to reach the global financial market. The number of completed trades by XM trading exceeds 2.4 billion.

Why should you choose XM over others?

They are a human company. They value every requirement of their customers. For that, they are going to meet the customers face to face to serve them. They organize and host seminars throughout the world to find and guide the traders in making related financial decisions.

So, they know that they receive higher client retention.

As they mentioned, their success is your satisfaction. XM trading does everything they can do to satisfy their customers and to win their loyalty.

They update their knowledge and ideas with the upgrading technology. It is easier for them to support you when they are up to date with new trends. Above them all, what they consider is your requirement, and they are ready to assist you per your requirement with their knowledge. They guarantee you that they work to achieve the best client performance on the platforms they use.

Humanitarian actions of XM

Their mission and vision explain their intention to make a positive difference in their clients’ lives without depending on culture, ethnicity, or nationality. XM trading treats everyone the same. They drive the individuals to develop their skills and abilities while working collaboratively with locally and internationally active foundations on humanity.

Moreover, this organization has done many human missions to support the needed people all over the world. Recently, they donated to the malaysian federation of the deaf to keep them in medical supplies. Before that, they could help poor people in latin america by offering them food. These are only a few humanitarian activities done by them. You can find many details on this by visiting the web page visit.

Their promotions

They have introduced some fantastic promotions along with forex. It includes the no deposit bonus that we talk about here. You can find them when you visit here: XM promotions.

The trading bonus

This $30 trading bonus is the best opportunity for you to know the quality of working in the real trading field without any risk. As we mentioned above, you can withdraw all your profit. But remember that you are going to get a bonus on non – withdrawals. There is no need of depositing a single amount of your money to receive this bonus. Get this as an opportunity. They give this chance for all the new traders to join XM trading. You are open to apply for the promotion when you launch an XM real trading account for the first time. You have a 30 day period to trade in this promotion, and you can claim your bonus on day 30.

How to claim the bonus?

You have to follow only a few easy steps to join the promotion.

First, open a real account in XM trading.

For that, visit open new account.
You only need 2 minutes to complete your registration. Use the english alphabet to complete the form.
You have to use your first name and surname to fill the form since we will display them in your identity document.

Then you will start receiving emails from [email protected]

Remember not to mark this email as spam because XM does all the communications via emails. So now you can start trading.

To claim the bonus,

Log in to the members area by using the credentials received for your email.
Validate your account by providing the relevant documents to identify.

Click on “ claim your bonus “
receive the bonus by completing the voice verification according to the on-screen instructions.

Contact XM trading if you need support.
You can immediately contact XM trading if you get any problems regarding XM trades.
Visit their FAQ page to find a solution to any common problem you get.

They use emails to communicate with you.
Their address is,
no.5 cork street, belize city, belize, CA.
For online support, live chat with them via,
[email protected]
phone number,
+501 223-6696

For complaints
you can contact the customer care department or your client relations manager to convey any complaint regarding any dissatisfaction.
If they could not solve your issue, please submit your complaint to the compliance department.

So we invite you to join XM trading and get this fantastic chance to trade with them. The time and effort you lay on forex no deposit bonus would make you satisfied indeed. Your satisfaction is their success.

List of forex brokers with no deposit bonus

You do not need to actually have money to start trading forex. In times past, you had to have thousands of US dollars to become a forex trader. But these days, you can even open an account and start trading live without spending your own money; some forex brokers now make no deposit bonuses available to anyone that desire such.

Check below for a number of free no depot forex brokers and the bonuses that you can benefit from them as a nigerian.

Roboforex bonus

Robo forex offers its newly registered clients $30 welcome bonus. You do not need to make a any deposit to receive this bonus and you can start trading in the forex market immediately with the bonus they give you.

Lion binary options

This is another forex broker that offers free no deposit bonus to those aspiring to start trading forex and binary options on their site. They give you $30 no deposit bonus once you have completed the account opening process. The money is paid in batches; first $10, then $20.

Nordfx

This is yet another forex trading broker that offers free no deposit bonus to their newly registered forex traders. They give you access to free money with which you can start trading in the forex market immediately. You will not be able to withdraw the $8, but you can withdraw all the profits you make from it.

Instaforex

This is a leading forex trading broker and well known globally. They offer various bonuses to their newly registered and old traders alike. They offer $10 free no deposit bonus once you open a live trading account with them. Very few people know about this particular bonus, since it is not widely announced by instaforex.

Bullbinary

This is yet another binary and forex broker that offers free no deposit bonus once you open new trading account with them. They give you free $25 bonus on newly opened trading account and you can trade with it without making any deposit with your person money.

You however cannot withdraw the bonus, except the profit on it. You cannot withdraw less than $50 from this account. If you make $100 at the end of the day, you will only be able to withdraw $50 and the rest will turn to zero.

Fort financial services

They offer their newly registered traders $5 welcome bonus. Like it applies to other forex brokers, you will not be able to withdraw the bonus, except the profit you make from it. You must however claim the bonus within 10 days after registering account with them.

You will not be able to benefit from the bonus again after 10 days of opening the new trading account.

Xtrade

This forex broker offers $20 welcome bonus to their newly registered traders. The bonus is only made available after you have completed your registration and account verification. Certain terms and conditions apply to the withdrawal of the deposit and the profit you make from it and you can contact their website to find out about these conditions.

FOREX NO DEPOSIT BONUS

A forex no deposit bonus is “free money” that brokers offer new traders to encourage them to start trading forex on a live account. It’s given solely to new traders as a ‘welcome bonus’.

A no deposit bonus is regarded as a powerful leverage available to new traders and allows them to start trading forex almost instantly without an initial investment. It does come with rules and restrictions and new traders qualify for the bonus based on certain criteria.

Forex no deposit bonus is common practice in south africa, malaysia and indonesia but isn’t available to residents in the eurozone and united states. It incentivises new traders to switch over to a real forex live account from a demo account without massive financial risk.

This type of forex trading promotion is available to new traders who meet certain requirements to open a real forex account and the free money can only be used under certain trading conditions, as specified by the broker. Forex traders cannot withdraw the free bonus money that’s put into their account by the broker.

10 best forex no deposit bonuses in south africa ( updated 2021 )

What does a no deposit bonus entail?

The forex no deposit bonus means a new trader does not need to make a deposit to activate a real live account and in effect, gets ‘free money’ to begin trading. The bonus amount is usually small, ranging from $10 to $50.

The ‘welcome bonus’ encourages new traders to open a live account with a broker and place more trades in a short period of time, while limiting their risk of losing their own money at the start.

After providing your name and email address to a broker, a real live trading account is opened. Some brokers require documents such as utility bills, ID or proof of residence to verify a live account. Some open an account with a no deposit bonus without verification.

Thereafter, ‘free money’ in the form of a no deposit bonus is deposited into the account. How much you receive depends on the broker’s promotional offering. It can be as high as $50.

Who qualifies for a no deposit bonus?

The no deposit bonus is only offered to first-time forex traders who sign up and register an account with a broker who offers the promotion. If you’ve been given a no deposit bonus before by a broker, you are not entitled to it again.

Trading with a no deposit bonus

Once the deposit is in your account, you can start trading live and in real time on the forex market. Continuing on from trading through a demo account, a new trader can experience real live trading without risk until the bonus period ends. Mistakes made don’t cost the new trader money out of his or her pocket but it is a loss to the broker.

Why do brokers offer a no deposit bonus? Well, it’s part of a broker’s long-term relationship to build a client’s confidence and experience live trading on multiple financial instruments while minimising risk in the early days of trading. New traders are more inclined to trade more often with ‘free money’ and gain invaluable experience before making a deposit with their own money.

Why do brokers offer a no deposit bonus?

A no deposit bonus is also known as a ‘welcome bonus’ and is a popular method used by brokers to attract beginner traders and encourage them to trade multiple financial instruments using a real live account.

Most new traders begin their forex trading journey using a demo account. A no deposit bonus is the perfect incentive for beginners who want to practice trading forex with a real live account but are wary of using their own money.

New traders get the opportunity to actively engage in the forex market for a period of time and keep any profits made at the end. The no deposit bonus expires after 30 or 60 days, depending on the broker’s bonus conditions. This puts new traders under pressure to make full use of the ‘welcome bonus’ before it ceases to exist.

Restrictions on forex trading with a no deposit bonus

Having given you ‘free money’, the brokers are entitled to apply certain restrictions on trading with live account. They’re no onerous restrictions and are designed as much to protect you as themselves.

Brokers offering no deposit bonuses to first-time traders restrict their clients from opening orders with a large lot size. Typically, the maximum limit for a lot size is 0.01 lot.

The downside of a limit on the size of a lot is it makes it harder to make a profit.

Maximum active positions

Certain brokers who offer no deposit bonuses set a limit on the number of active positions that a new trader is allowed to open. This may include pending orders.

This limit does affect a trader’s trading strategy and can somewhat spoil the trading experience when a new trader cannot open more positions, particularly if he or she is using the trend-following method.

Limit on assets traded

Certain brokers who offer no deposit bonuses specify which trading currencies may be traded, particularly in a volatile market situation. Typically, new traders are restricted to the mainstream trading pairs and can’t trade on exotic pairs.

Time limit on no deposit bonus

A no deposit bonus usually has a time limit and will expire after a certain period of time. It’s important to find out what this time limit is because you need to get in as much trading time as possible with the ‘free money’ before you need to commit your own money.

Typically, the time limit on a no deposit bonus is between 30 to 60 days. The longer, the better so shop around for a broker who offers a ‘welcome bonus’ for a 60-day period. This gives you ample time to practices forex trading on a real live account.

Hedging is not allowed

As a general rule, hedging is not allowed when trading on an account with a no deposit bonus. Hedging involves having two trades open at the same time but in different directions.

Hedging is used in certain trading strategies and generally provides short-term relief for forex traders. Hedging helps to temporarily eliminate or minimise risk in the forex market.

Scalping is not allowed

As a general rule, scalping is not allowed when trading on an account with a no deposit bonus. Scalping is a popular trading strategy that allows traders to potentially earn small amounts of profit many times a day. The profit is usually between 5 to 10 pips.

Scalpers hold an open position for a very short time which is a good strategy to use in volatile market conditions. Many small pips can add up to a comfortable profit. The reason why brokers do not encourage scalping on a no deposit bonus account is because it can very quickly deplete the funds in the account.

Leverage is limited

Leverage is usually limited on an real live account with a no deposit bonus. Leverage is where a small amount of money is borrowed from the broker to trade a larger forex position. Leverage is key to trading forex.

When leverage is limited, it means a new trader cannot open a large position. It lowers the trading volume and increases the amount of trades a new forex broker must make to realise a decent profit, if only using the no deposit bonus amount in the account.

Expert advisors are not allowed

Expert advisors (eas) may not be used on a real live account that’s been set up with a no deposit bonus. Eas can be likened to robot trading, where forex trading is automated.

Eas are very useful for beginner forex traders because they simplify the trading process, which includes opening and closing a trade and analysing forex market conditions using indicators.

What happens to profits made trading with a no deposit bonus?

One would think that the brokers would take any profits made on a new account with a no deposit bonus, but here’s the good news; you pocket any profit made. Further proof that brokers are committed to supporting new traders on their forex trading journey as they switch from a demo account to a live account.

You are welcome to withdraw the profit you make but the idea is to reinvest it back into your account and continue trading. You’ll have had enough time to decide if you have an appetite for the risk involved in forex trading and can either continue to trade or you can withdraw the money and call it quits.

As a note of warning, some new forex traders find it difficult to withdraw profits from an account set up with a no deposit bonus. You may be asked to deposit a certain amount of money into the account before you can withdraw profits. The reason for this is simple; brokers want to encourage you to continue trading, not to give up and cash out.

Top 10 forex brokers in south africa : who offers a no deposit bonus

Get a free $10 (1000¢) bonus without making a deposit

Disclaimer

Trading foreign exchange on margin carries a high level of risk and may not be suitable for all investors. Forex trading involves a high degree of leverage which increases the risk associated with forex trading.

No deposit forex bonus brokers - 2020

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 2020?

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 2020

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.

Top 10 best forex brokers with bonus and promotions for 2021

Top rated:

Are you on the lookout for the best forex brokers with bonus and promotions to offer?

They can be tricky to find, but if the answer is yes, then you are certainly in the correct place. Here we will give you all of the information you need, not only on the top recommended brokers if you are looking for a bonus, but also what these promotions mean, and how they can best work to your benefit as a trader.

With that in mind, let’s take a closer look at the best brokers we have found that can offer bonus and promotions to you as a trader.

Are these bonuses really free money?

Although it may be hard to believe at first, it is true. The bonuses really are free money that is sent to your account by the broker. Now what is often asked is, can I withdraw these bonus funds?

Generally, the answer is yes with most top brokers. Their policy will vary though and in many cases, there are certain trading criteria that you must meet in order to withdraw the bonus funds from your account.

What should I check when choosing a bonus?

There are a couple of very important steps that you must run through when checking the bonus that you should choose, and the broker who is providing that bonus.

First off, it is vital that you read the terms and conditions carefully, so you know exactly what is on offer. Added to that, it is important to consider the whole offering of a broker. This means not only the bonus amounts, but what else they have to offer such as spreads, minimum deposits, and more.

Please note that the following bonuses may not be available in every country, and that brokers are not allowed to offer these to customers based in the EU or UK due to local regulatory restrictions. Read T&C before applying to a bonus.

Top 9 forex brokers with bonus and promotions

Here are the top 9 forex broker bonus and promotion offers we have found available:

1. FBS

FBS is the first broker to make our listing for having some of the top promotions and bonus offers in the industry. They are well-known as being a very respected broker around the world, and they have a huge amount of bonuses on offer.

At FBS you can win a wide range of prizes from holidays to new cars, and you can also double your deposit with the great FBS 100% deposit bonus they have in place. An FBS no deposit bonus is also available at no-risk at all to your funds as well as a cashback bonus if certain conditions are met. The FBS bonus offering continues to grow and expand with many contests and challenges also available where you can win cash, trips, and VIP event invites. They also run contests directly on social media like facebook where all you need to do is share posts with your friends. These are just some of the reasons why FBS is a top bonus broker for all traders.

XM is another top international broker, and one of the most easily recognizable in the industry. They too offer a strong range of bonuses and promotions. These start with an excellent $30 no deposit bonus which you can use for completely risk-free, real money trading.

Beyond this you will also find a deposit bonus of up to $4500 which means your deposit will be matched by the broker with free money up to this high value. Aside from those regular types of bonus offerings, XM also runs a lucky draw which has a huge total value of $1,000,000. As a regular trader with the broker you can also join their loyalty program which is points based. You can redeem these points through your trading actions to obtain a wide range of great benefits with the broker.

Please note that these bonuses may not be available with every XM entity

3. Instaforex

Instaforex is the next broker to make the top list of brokers providing bonuses and promotions. They too are very well-trusted by a broad range of traders across the industry. They start their bonus offering with one of the very best no deposit bonus offers in the sector. This is the instaforex $1,000 no deposit bonus.

Further to this monster bonus offer, the broker also provides a deposit bonus of 30% so you can always receive an additional 30% on top of your initial deposit as risk-free bonus funds to trade with the broker. Added to this, instaforex makes a huge range of contests and challenges available where you only need to have a demo account to participate and win. Here you can win a great range of physical prizes including cars, money, and much more.

4. Fxopen

The next broker on the list offering top promotions and bonuses is fxopen. They kick their bonus offering off with a $10 no deposit bonus. This is great if you are new to trading and looking to try out the broker with no risk at all to your own money.

Another great offer for beginners is the $1 welcome bonus on micro accounts. This makes sure you are covered to trade with free money, even at lower risk levels. Like many of the other brokers they also provide access to a large number of trading contests with a unique prize attached. This prize is that if you reach a certain benchmark of profit in the contest with virtual funds, they will then turn 10% of these funds into real money for you to trade with. A very attractive bonus proposition indeed from this popular broker.

5. Roboforex

Roboforex are in on the act too as another respected top broker offering bonuses and promotions to their traders. The excellent bonus infrastructure here starts with a deposit bonus that can be either 10%, 60%, or a huge 120% depending on how much you are depositing.

The offers do not stop there with roboforex either. Just for joining the broker, you will be entitled to a $30 welcome bonus. This can be used for completely risk-free trading on the markets of your choice. You will also be entered into weekly and monthly contests which are free to enter but where you can win real prizes on both demo, and live accounts. Regular traders are not forgotten either with cash rebates stretching up to 15% based on how much you trade.

6. Hotforex

Hotforex are one of the cornerstones of the industry and regularly feature as a top broker in many listings. They too have a very strong bonus infrastructure though it may not be available in every country the same. This is particularly true in europe.

Outside of that though, their offer is strong. They provide a number of unique bonuses the first of which is a 100% credit bonus. This acts to double your deposit with completely free bonus funds. They also offer a very unique 30% rescue bonus. This bonus protects your funds from drawdowns up to $7,000. The 100% supercharged bonus is one of their most popular though. This provides for a huge amount in cash rebates that can reach up to $8,000, on top of a 100% deposit bonus. All of these great offerings maintain hotforex as a very popular bonus broker of choice.

Please note that these bonuses may not be available with every XM entity

7. Octafx

Octafx is another popular, and rapidly growing name in the sector. They are not stepping back when it comes to offering a bonus either. If you are trading with this broker, the first thing you may want to try out are some of the demo account contests.

These great contests come with prizes of up to $500 real cash if you are trading through metatrader, and $150 if you are using ctrader. If these pique your interest, then you can decide to deposit for real, and benefit more from a 50% deposit bonus which is on offer. On top of this, there are many other prizes including merchandise to be won from a broker who is strong, trusted, and growing all the time.

8. FXTM

FXTM is one of the biggest names in the industry. They have also not forgotten a strong bonus infrastructure, and for this reason, they too feature on our list of the best brokers for bonus offers and promotions.

At the core of the FXTM bonus offering is their excellent loyalty program. Here, the more you trade, the more you can get paid. At the maximum level you have the ability to earn as much as $10,000 from the program. Also offered by the broker are a great range of both demo and live trading contests where you can compete against your fellow traders to win top prizes.

9. Vantage FX

Vantagefx is next in our selection of the best forex brokers who offer a good range of bonus systems. Here you will be able to take advantage of a 50% deposit bonus that will allow you to trade risk-free with bonus cash from the broker based on how much you deposit.

Vantagefx also offers a great and very rewarding loyalty program where you can avail of 10% rebates on your trades up to $2 per lot traded when you deposit at least $1,000. With the broker and this program, there is no limit on the trade size at all. The higher the lot size you trade, the higher your bonus will be.

Different type of bonuses

When choosing your forex broker bonus, it is also important to keep in mind that there are many different bonus types available. Here is a more detailed look at exactly the kind of bonuses that are offered by brokers:

Forex deposit bonus: the forex deposit bonus is a certain amount of money offered as a bonus based on the amount which you deposit. In the case of many brokers, this can mean matching your deposit amount with an equal bonus amount.

Forex no deposit bonus: A forex no deposit bonus, as you might gather from the name, is a bonus which is offered to you with no deposit required. In most cases, you simply have to complete the registration process. This money is free and can be used in real trading at no risk to your own money.

Welcome forex bonus: the welcome bonus can be similar to a no deposit bonus. You will get a bonus money amount for completing registration, and in some cases based on the amount of your first deposit.

Loyalty program: A forex broker loyalty program, just like any other, is usually based on how much you use the service. In this case, the more you trade, the more you will be rewarded by such programs. These rewards could come in the form of lower trading costs, additional premium trade tools, physical prizes, access to live events and meetings, and much more.

Points system: the forex broker point systems can also be based on loyalty programs. With these systems, the more you trade, the more points you will earn. These points can then be used to access monetary prizes, cars, vacations, and more.

Cash back and rebates: cash back and rebate programs are also a very common form of bonus. Just as the name suggests, with this form of bonus, you can earn money back for each lot you trade.

Money protection bonus: this is not a very common form of forex broker bonus, though it exists, nonetheless. This kind of bonus from your broker actually protects your funds from reaching a certain negative level, and in some cases, anything beyond this negative point can be refunded.

Forex contest prize: there are a wide range of brokers who organize contests which you can participate in with virtual funds against other traders. If you win some of these contests through making the most profit from virtual funds, then you can win all kinds of great prizes including cash, cars, and more.

Why do brokers offer forex no-deposit bonuses and other bonuses?

There are several reasons why your broker may offer a no deposit, or other type of bonus. One of the primary reasons for this is to create value for you as a trader, and to attract new traders to the industry and that broker.

This method is accepted in many parts of the world, though not in europe. Within the EU, the offering of the majority of these kinds of bonuses is not allowed by the regulator. ESMA does this in a large part to protect beginners from getting involved in trading without the proper knowledge and ultimately losing their money.

Tips on how to choose a bonus and a broker

If you are thinking about choosing a forex broker, the bonus is just one element of this choice, and it should not be a large factor in your decision-making process. First and foremost, you have to choose a broker who is trustworthy, and well-regulated. Luckily all of the brokers on our listing are both of these things.

Once you have done this, then you can think about the bonus they are offering, but do not make your choice based on the broker bonus alone. You have to consider all of your trading needs. In this case, you may want to try out a broker first. This would be a great time to select a no deposit bonus broker so you can try out their real trading at no risk to you.

Latest forex no deposit bonus list 2021

The no deposit bonus is a free tradable bonus gifted broker for new clients. You can take the bonus without any deposit.

The free bonus is not allowed in the EU and US residents but it’s very popular in some countries.

Newbie traders like to grab the free bonus because it is one of the free powerful leverage for them.

Hey! Want to start forex trading? You can fire right now with the forex no deposit bonus.

The ultimate guide about the no deposit bonus

Not all brokers but most of them offer the free bonus. It is a welcome bonus. Upon joining with a broker, the broker provides a free bonus.

While you think to consider for a no deposit bonus, don’t miss to check our best broker no deposit bonus!

No deposit bonus without verification

While you will register to create an account, you have to give you full name, email, phone number (often), the birth of date, country, and other some filed if need.

Usually, most of the forex brokers ask to verify your identity, at least phone number, or email based on their requirements.

But, sometimes a few brokers offer to start trading without verification of any information.

Why a no deposit bonus?

A freeway! Who doesn’t love to take free money? Actually, the forex broker offers a free bonus to learn forex trading, without any risk. After gaining some profit you will get big confidence to invest in it and make some bigger.

What about your profits?

The bonuses are good to make your profit, depends on you! Most of the bonuses offered to withdraw the gain profit and also you should continue to live trading with the profit.

Here is a big list of bonuses, we collect for you, and you can choose and fire now.