No deposit bonuses offered by forex and binary options brokers remain popular among traders in 2024. It's a great opportunity for both novice and experienced traders to start trading on a live account without any initial investment. As brokers compete to attract new clients, they announce new bonus offers for trading accounts. This website provides a comprehensive list of forex brokers offering real no deposit bonuses.
As mentioned earlier, competition among forex brokers to attract new clients has intensified in recent years. One of the most effective marketing tools in this battle is offering clients a no-deposit bonus after their registration. This allows clients to test the broker's trading platform by opening trades on a live account without making a deposit.
Numerous forex brokers currently offer such bonuses. This year, many brokers are offering generous no-deposit forex bonuses to attract new clients or retain existing ones. Below you will find the latest list of forex brokers with real no deposit bonuses.
Best Forex Brokers with No Deposit Bonuses
A current list of various types of no deposit bonuses from top Forex brokers:
Profits can be withdrawn without restrictions
The bonus amount can be withdrawn after trading a total volume of 0.5 lots or 1 lot (depending on the account type: cent or standard)
Only new clients are eligible to participate in the promotion
To get the bonus:
register a trading account on the RoboForex website, verify your personal information and phone number provided during registration.
deposit 10 USD (you can withdraw your own 10 USD at any time).
You can withdraw trading profits from both your own and bonus USD.
The bonus can be withdrawn after meeting the conditions.
This promotion is not available for clients who have previously participated in the "15 USD Bonus for Verified Clients" promotion or received other no deposit bonuses from RoboForex.
The bonus can be traded for 90 days
The maximum profit that can be withdrawn is 100 USD
The minimum profit that can be withdrawn is 30 USD
To withdraw profits, you need to deposit your own funds of 100 USD
To get the bonus:
visit the Tickmill website
in the top menu, click "Promotions" → "Welcome Account with 30 USD"
on the Tickmill page, fill out and submit the special form to open a welcome account
This is a 10 USD Welcome bonus on an FXOpen STP account
To withdraw profits, you need to trade 2 lots
After receiving this bonus, you will no longer be able to receive the 1 USD bonus
To get the bonus:
go to the official FXOpen website and in the top menu, click "Bonuses" → "Bonuses"
on the opened page, from the offers that appear, select "No Deposit Bonus for STP Accounts" and click the "Get" button
on the opened page, click the "Open Individual Account" button and fill out the form
in your personal account, pass SMS verification (click "Profile" and then "SMS Notifications")
open an STP account (in the left menu, click "STP") and start trading
The FBS no deposit bonus without verification is provided for 30 days, after which it is deactivated.
After deactivation, you can withdraw profits up to a maximum of 100 USD.
The bonus must be traded in a volume of at least 5 lots within 30 calendar days.
The bonus can be obtained without verification.
To get the bonus:
Go to the FBS website.
On the account opening form, choose the account type "Trade 100 bonus."
Follow the standard procedure to open an account.
Don't forget about the 30-day time limit.
The GrandCapital bonus is provided for 7 calendar days.
To withdraw profits, you must:
- Fund your account with an amount no less than the earned profit within 7 calendar days.
- Trade 1 lot for every 5 USD profit.
The bonus is available only to new clients.
To get the bonus:
Go to the Grand Capital website and register.
In your personal account, click "Settings" on the left menu and pass verification.
In your personal account, click "Bonuses."
On the opened page, select "$500 - No Deposit Bonus" from the list of bonuses, click "Claim Bonus" and follow the instructions.
When verifying the account, you will need to upload an identity document. The broker usually verifies the uploaded document within a day and sends a confirmation email about the completion of account verification.
Go to the XM website and open a real account.
Log in to your XM broker account.
Upload the necessary identity documents to verify your account details.
Wait for the broker's message confirming successful verification.
In your personal account, click the "Claim Bonus" button on the broker’s website.
Complete an additional SMS verification procedure to the provided phone number.
The XM bonus will be automatically credited to your account.
You will have 30 days from the account opening to claim this bonus.
Click the Claim Bonus button to go to the official NPBFX website for registration.
Register an NPBFX trading account.
Log in to your NPBFX personal account.
Check the accuracy of your registration details.
Submit a request for the NPBFX welcome bonus.
You can only withdraw trading profits up to $200.
To unlock the withdrawal option, you must meet the trading volume requirement of 1 lot per 1 USD of withdrawable profit.
Forex no deposit bonus up to $1000 STARTUP InstaForex
To withdraw profits from the bonus, you must complete trades totaling X * 3 InstaForex lots, where X = profit amount (1 InstaForex lot = 0.1 regular Forex lot)
Only the entire profit amount can be withdrawn (partial withdrawal is not allowed)
The no deposit bonus amount itself cannot be withdrawn
InstaForex reserves the right to fix and/or limit the profit available for withdrawal to an amount equal to 10% of the bonus amount
In certain cases, InstaForex may require account funding with real money (an additional 30% bonus is credited on the deposit)
To get the bonus:
Go to the InstaForex website, fill out and submit the form, and complete data verification
Free real Forex trading account with a balance up to $300 from ForexMart
To withdraw profits, you need to deposit an amount at least equal to the profit
You can withdraw the entire profit exceeding 20% of the bonus amount
The bonus amount can be withdrawn only after trading X * 2.5 lots, where X = total bonus amount
Any withdrawal from the account cancels the bonus and 20% of the bonus amount
The specific bonus amount is determined individually
To get the bonus:
Go to the ForexMart website
In the top menu, click on "Bonuses and Offers" → "No Deposit Bonus"
Follow the instructions on this page: open an account, complete verification, and get the bonus (in the personal account menu on the left, click "Bonus" and select "No Deposit Bonus")
Welcome Forex bonus without verification and personal data confirmation from FreshForex
Conditions for receiving a 1 ETH bonus:
Open an account type FreshForex Classic/Market Pro/ECN
The bonus must be used within 7 days after receiving
The earned profit can be withdrawn after meeting the trading turnover condition: for every $5 of recorded profit, you must trade 1 lot within the next 30 days
You must contact your personal manager to request the transfer of the earned profit to the balance available for withdrawal from the Freshforex account
To withdraw profits to a wallet or card, you must complete data verification, which may take up to 3 business days
The promotion is available only for new clients
$100 bonus after full verification in ForexChief
Bonus Conditions:
A maximum of $100 can be withdrawn
To withdraw funds, a trading turnover of $10 million (~45 lots) must be completed, with lots counted both when opening and closing a trade
The bonus is available only for new clients and is not available to those who have previously received the $20 bonus from ForexChief
To get the bonus:
Go to the ForexChief website and open an account (the account type must be MT4.DirectFX, MT4.Classic+, MT5.DirectFX, or MT5.Classic+)
Install the ForexChief app on your Android device from Google Play
Complete data verification through the mobile app
In the ForexChief app, find the "Bonuses and Credits" section and select the "No Deposit Bonus" option. Then choose the standard MT4/MT5 account where you want to receive the ForexChief bonus
After completing the above steps, the no deposit bonus will be automatically credited to the selected trading account
Welcome bonus without deposit of 40 USD from Amega Finance as part of the JOINAMEGA promotion
Procedure to get the bonus money:
Visit the official Amega Finance website and register;
Successfully complete the verification of the details provided when opening the account;
Open a real Standard Promo MT5 trading account;
After opening the account, go to the "My Bonuses" section and enter the promo code JOINAMEGA in the corresponding field. Then click "Apply Promo Code".
Bonus conditions:
Only new clients without previously received bonuses from Amega Finance are eligible.
The bonus can be used for 30 days from the issuance date.
You can trade with a leverage of 1:100.
Scalping, using advisors, and other tools often prohibited by other brokers are allowed.
Please note that this promotion from Amega Finance is announced as open-ended. Residents of EU countries cannot trade with this broker.
Register on the AMarkets website
After registration, complete mandatory verification by confirming personal information
In the Trading section, open a trading account of the type "Islamic Bonus" or "Direct Bonus"
In the personal cabinet, activate the AMarkets no deposit bonus in the bonus section
Please note:
The bonus is valid for 14 days from the credit date
A minimum trading turnover of 5 lots with a profit of at least 10 pips is required to redeem the bonus
Each trade using bonus funds must remain open for at least 5 minutes
The total profit on closed trades from the AMarkets no deposit bonus should exceed 15 USD
You can withdraw only the profit from the bonus, up to 200 USD
Register on the MTrading website and create a new real trading account
Verify your MTrading account by confirming your phone number, email, and uploading a passport scan
The no deposit bonus from MTrading of 30 USD will be credited automatically after meeting the above requirements for account opening and verification
Please note the important conditions for this bonus:
The validity period is 40 calendar days.
You can only withdraw trading profit up to 200 USD
To be eligible for profit withdrawal, you must trade a minimum of 5 lots
When withdrawing profit, the bonus amount will be deducted from the balance
The MTrading Forex bonus is available only for new clients from Malaysia and Thailand.
Register a new account on the Deriv platform
Enter the promo code provided in the Deriv bonus information during registration
Data verification is mandatory
The no deposit Deriv bonus will be credited to the account balance within 1-3 business days
How to use the Deriv bonus:
To withdraw the bonus and earned profits, you need to reach a trading volume 25 times the bonus amount
The maximum withdrawal limit is set to 25 times the bonus amount
The bonus from Deriv is only available to new clients
Status
Unavailable
Regulators
Malta FSA, Labuan FSA, Vanuatu FSC, BVI FSC, Mauritius FSC
Welcome bonus $15 on ForexEE STP account
This bonus is only available to new clients registered no earlier than September 1, 2015
To receive these $15 from ForexEE:
Go to the Forexee website and open an "STP" account
Contact support via chat on the website or submit a request via the feedback form, and send your statement (report, statement) from another broker account no older than one year, showing at least one deposit of $50 or more. Also, provide your phone number in the request.
No deposit bonus $1 for Forex trading from FXOpen
Bonus conditions:
Profits can be withdrawn without restrictions
To withdraw the bonus, you need to trade 1 lot (100 micro lots)
If you receive this bonus, you will no longer be able to get the $10 Welcome bonus
To receive the bonus:
Go to the FXOpen website and click "Bonuses" → "Bonuses" in the top menu
On the opened page, choose "Welcome Bonus" and click the "Get" button
Register and open a "Micro" account
Deposit $1 into your opened account (the bonus will be credited automatically afterward)
No deposit bonus TeleTrade
Bonus conditions:
You can withdraw the bonus or the profits you earn by trading with the bonus amount.
There are conditions based on the number of closed lots. See the calculation tool on the website. The bonus amount depends on the number of lots traded.
You can only trade Forex market contracts and CFD on metals.
To receive the bonus:
Participate and win a prize in the TeleTrade contest.
Afterward, you will have the right to conclude an agreement with TELETRADE D.J. LTD to open a margin trading account for CFD operations.
Status
Under Review
Regulators
FSA
How to Choose a Broker with a No Deposit Bonus?
Choosing a broker with a no deposit bonus is a crucial step for a trader. After all, the reliability and working conditions of the broker determine the trader's success. To make the right choice of forex broker, pay attention to the following criteria:
Broker Reliability
Licensing (FCA, CySEC, ASIC, etc.): Check if the broker is licensed by reputable financial regulators (e.g., FCA, CySEC, ASIC). This ensures that the broker operates in accordance with established standards.
Market Reputation (reviews, years of operation): Review feedback from other traders on independent forums and platforms. Consider the company’s duration of operation and financial stability.
Client Fund Insurance: Find out if client funds are insured in case of the broker’s bankruptcy.
Trading Conditions
Trading Instruments (currency pairs, stocks, indices): The more instruments the broker offers, the more diverse your trading strategies can be.
Spreads and Swaps: Low spreads and swaps help reduce trading costs.
Minimum Deposit and Lot Size: Ensure that the minimum deposit and lot size align with your financial capabilities.
Leverage: High leverage can increase potential profits but also raises risks.
Order Execution: Evaluate the speed and accuracy of order execution.
Trading Platform (MetaTrader, cTrader, etc.): The platform should be user-friendly, functional, and equipped with essential tools for technical analysis.
No Deposit Bonus Conditions
Bonus Amount: The larger the bonus amount, the more trading opportunities you have.
Bonus Withdrawal Conditions (trading volume, validity period): Carefully review the trading volume requirements and other conditions necessary to withdraw profits or the bonus amount.
Bonus Validity Period: Find out how long you need to use the bonus.
Withdrawal Restrictions: Check the limits on withdrawals and which funds are available for withdrawal.
Trading Instrument Restrictions: Some bonuses may have restrictions on using certain trading instruments.
Additional Services
Market Analysis: The quality and accessibility of analytical materials (market reviews, forecasts, signals).
Training: The availability of training materials, webinars, and other educational resources.
Broker Support Service: The speed and quality of responses to client inquiries.
Copy Trading: The ability to copy the trades of successful traders.
Mobile App: The convenience of trading from mobile devices.
Security: Verify if the broker uses modern technologies to protect client data.
Choosing a broker with a no deposit bonus, or even selecting a broker for trading without bonuses, is a responsible decision. Take your time and carefully study all available offers. Compare the conditions of different brokers, read their reviews, and choose the one that offers the most favorable conditions and reliable services. All of the above criteria are ideal for selecting the best broker on the market.
Types of No Deposit Bonuses
All no deposit bonuses offered by brokers can be categorized into several types. Let’s take a look at each of these types.
Bonuses Without Verification
This category includes bonus promotions that allow you to register and start trading without verifying your passport, residence, or mobile phone number. You maintain your anonymity. The broker won’t learn anything about you. Such bonuses are automatically credited to your trading account balance after registration and account opening. However, for offers of this type, the bonus amounts are usually very small and often do not exceed five dollars. There are, of course, exceptions with larger sums. But note that to request a withdrawal, verification will still be required.
Bonuses with Mandatory Deposit
Bonuses of this type are generally larger than the previous type. The essence of these bonuses is that the conditions for receiving the no deposit bonus require making a deposit of a certain amount to be able to withdraw earned profits. In other words, the trader receives free capital, trades profitably, meets the turnover conditions, but cannot withdraw profits without making a deposit. This is a trick brokers use to keep clients on their platform. Usually, the deposit requirement is specified in the bonus issuance regulations.
Forex Bonuses Without Deposit Requirements
Within this type, clients can receive a bonus and withdraw the earned profit without depositing a single cent. In these offers, brokers often impose a profit withdrawal limit. The main conditions for such bonuses are data verification and trading a minimum number of lots.
Forex Investment Bonuses
This type of bonus involves allocating capital to the client for investing in public trading accounts on the broker's platform. In other words, these are Forex bonuses that can be used for copy trading. Clients can invest the received free capital in one or several accounts, earn profits, which can then be reinvested or withdrawn. Such free cash are quite rare, and even those that exist usually do not allow for earning anything substantial (more than 20 dollars).
Social Bonuses
This includes offers from specialized forums and promotions through social networks. That is, the client is required to perform some action or a volume of actions for which they will receive a withdrawable no deposit bonus in a trading account with a specific broker. There are not many offers of this kind, but due to their clarity and transparency, it makes sense to take advantage of them.
How to Trade with a Bonus Without Deposit?
Here are some key tips to help you make the most of your Forex no deposit bonus and quickly earn profits while minimizing the time spent on learning.
Choosing a Broker and Bonus
Simple Terms: look for brokers with clear and transparent bonus rollover conditions.
Popular Instruments: choose a broker that offers trading in popular currency pairs (EUR/USD, GBP/USD, USD/JPY).
Demo Account: be sure to test the trading platform on a demo account before trading with real money.
Choosing a Trading Instrument
Currency Pairs: start with major currency pairs such as EUR/USD or GBP/USD. They have high liquidity and lower volatility, making them suitable for beginner traders.
Indices: if you want to diversify your portfolio, you can try trading indices like the S&P 500 or DAX 30.
Trading Strategy
Scalping: scalping is a suitable strategy for small Forex bonuses, focusing on making small profits from a large number of short positions.
Indicators: use simple indicators such as moving averages or RSI to determine trends and market entry points.
Copy Trading: if you have very little experience, consider using copy trading services to replicate the trades of successful traders.
Terminal and Tools
MetaTrader 4 (MT4): this is the most popular trading terminal, offering many tools for technical analysis and automated trading.
Basic Indicators: start by using basic indicators like moving averages, MACD, and RSI.
Economic Calendar: keep track of important economic events that may impact the market.
Tips for Beginners
Start Small: open small positions to minimize potential losses.
Set Stop-Loss: always set a stop-loss to limit possible losses.
Don't Chase Quick Profits: trading requires patience and discipline.
Keep Learning: read books, watch educational videos, and engage with other traders.
Simple Strategy for Forex No Deposit Bonus
Select a currency pair with low volatility (e.g., EUR/USD).
Apply two moving averages of different periods on the chart (e.g., 50 and 200).
Open a long position when the fast moving average crosses the slow moving average from below.
Set a stop-loss below the last low.
Close the position when the desired profit is reached or the stop-loss is triggered.
How to Get a No Deposit Bonus?
The process of obtaining free forex money is straightforward:
The first step is choosing a broker. Not all brokers offer no deposit bonuses, and the conditions for receiving them can vary significantly. Review the offers, paying attention to the bonus amount, rollover requirements, and other withdrawal conditions. Prefer reputable brokers with a good reputation. The criteria for selecting a reliable broker are listed above on this page.
After choosing a broker, you need to register on the platform and complete the verification process. This is a standard procedure required to confirm your identity. Typically, you will need to provide a scan of your passport and proof of residence. Some brokers may request additional documents for data verification.
It is important to understand that no deposit bonuses are not free money, and you will need to "pay" for them in some way, such as with time spent. Generally, to withdraw funds, you must meet certain conditions, such as achieving a specific trading volume or keeping funds in your account for a certain period. Additionally, carefully review the terms of the bonus program to avoid unpleasant surprises when requesting a withdrawal, for example.
Pros and Cons of Forex Bonuses
What are the benefits of such offers for traders? What are the advantages and disadvantages, and what pitfalls exist with no deposit bonuses in Forex? Below you can see the main pros and cons of no deposit Forex bonuses summarized in a table.
Criteria
Pros of No Deposit Bonus
Cons of No Deposit Bonus
Purpose
Opportunity to try trading without risking personal funds. A great option for beginners.
Often used by brokers to attract new clients, which may affect the quality of services provided.
Withdrawal Conditions
Ensures transparency and fairness in the relationship between the broker and the trader.
Strict conditions can make fund withdrawals difficult and time-consuming.
Additional Requirements
Minimum deposits may be required after receiving the bonus, increasing overall costs.
Additional requirements may limit the choice of trading instruments or strategies.
Expiration
Creates an incentive for active trading.
A limited bonus period may create additional pressure on the trader, forcing them to make hasty trades.
Leverage
Allows for increased potential profit from small price changes.
High leverage increases the risk of losses.
Broker Reputation
A reliable broker with a good reputation ensures the safety of funds and fair execution of trades.
Brokers with questionable reputations may impose hidden fees or manipulate quotes.
Support Service
A quality support service can help resolve any issues that arise during trading.
Slow or incompetent support can create additional problems.
