You can get up to $100,000 to trade forex without risking your own money. Forex No Deposit Bonus promotions let you start trading with amounts from $5 to $100,000, depending on the broker you choose.
More forex brokers now offer these no-deposit bonuses to bring in new traders. These opportunities are real ways to begin trading without putting down your own cash. Take InstaForex’s $3,500 bonus or MC Markets’ $1,560 promotion as examples. But here’s the catch – you must meet certain trading requirements before you can withdraw your profits.
My research has verified 7 reliable forex bonus offers that need no original deposit. Each bonus has passed strict checks on legitimacy, trading conditions, and withdrawal terms to give you a full picture of your options.
XM Trading $30 No Deposit Welcome Bonus
XM Trading offers new traders a $30 no deposit welcome bonus, making it unique among forex brokers. The broker has earned trust by serving over 10 million clients since 2009 with regulations from CySEC, ASIC, and IFSC.
XM Trading Broker Overview
XM has processed more than 2.4 billion trades since it started operating as a MetaTrader-only broker. Traders can access over 1,000 trading instruments from 7 asset classes that include forex, commodities, indices, and stocks. The broker also stands out with its range of account types and thematic indices.
The platform processes transactions quickly. Verified accounts get instant or same-day withdrawals without fees. The broker needs just $5 as minimum deposit, which makes trading available to people with different investment amounts.
Bonus Terms and Requirements
New traders should know the specific terms of the $30 welcome bonus. The offer applies only to traders who haven’t registered with XM before. Traders must claim their bonus within 30 days of registration.
The profit withdrawal requirements include:
- Completing 5 round turn trades
- Trading volume of at least 0.1 standard lots
Traders can’t withdraw the bonus amount as it serves as trading credit. The profits made from trading with bonus funds become available for withdrawal after meeting the requirements.
Maximum Withdrawal Limits
XM has set clear withdrawal rules. Every account needs a minimum withdrawal of $5. Profit withdrawals must be at least double the bonus amount. A $30 bonus would need a minimum withdrawal of $60.
The platform deducts bonus amounts proportionally with each withdrawal. A trader who makes $120 profit and withdraws half ($60) will lose half of their bonus ($15).
Account Verification Process
XM uses a 7-step verification system. Traders start by providing personal and residential details in the identification section. They must then submit two types of documents:
For identity verification:
- Valid passport
- Driver’s license
- National ID card
For proof of residence:
- Utility bills (electricity, water, gas)
- Phone or internet bills
- Bank statements
Document dates must be within the last 6 months. Verification usually takes 24 hours, but might need up to 5 business days during busy periods.
The broker maintains strict verification standards to protect client funds and meet regulations. Verified accounts receive their bonus within 24 hours, so traders can test strategies without risking their own money.
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RoboForex stands as a financial brokerage company with FSC license No. 000138/32. This broker gives traders a $30 no deposit welcome nb
onus to start exploring the forex market. The company’s reliable Civil Liability insurance program covers up to 2,500,000 EUR to protect against financial risks.
RoboForex Platform Features
Traders can access about 12,000 trading instruments in multiple asset classes. The platform selection includes:
- MetaTrader 4 and MetaTrader 5
- cTrader
- R StockTrader
The broker’s CopyFX social trading platform makes shared trading strategies possible. Each account comes with negative balance protection, so traders never owe money if their balance goes below zero.
Bonus Trading Conditions
The $30 Welcome Bonus requirements are straightforward:
- Account Eligibility:
- ProCent and Pro accounts in MT4/MT5 platforms only
- USD or EUR must be the base currency
- Verification Requirements:
- Passport verification must be complete
- Address needs verification
- Mobile phone number must be confirmed
Traders need to deposit at least $10 through specific payment methods to activate the bonus. China UnionPay, Maestro, MasterCard, and VISA cards are the only accepted payment methods. Virtual cards and prepaid cards can’t be used for this promotion.
Traders get a special activation code by email that stays valid for 30 days. The bonus shows up in the trading account within 5 business days after code activation.
Withdrawal Rules and Limitations
RoboForex keeps its withdrawal policies clear and simple:
- Deposits and profits can be withdrawn without any limits
- Bonus funds stay available during drawdowns until a Stop Out happens
- Stop Out triggers automatic removal of bonus funds from the account
The broker’s commission-free withdrawals happen three times monthly – on the second, third, and fourth Tuesday of each month. This applies to the first withdrawal made on these specific days.
Geographic Restrictions
The bonus program isn’t available everywhere. RoboForex services are not offered in:
- EU/EEA/UK regions
- USA, Canada, Japan
- Australia, Brazil
- Russia, Ukraine, Belarus
- Indonesia, Iran
- Turkey and several other restricted territories
Areas with bank card deposit restrictions can’t access this promotion. Malaysian residents should know that RoboForex’s advertisements don’t target their jurisdiction.
It’s worth mentioning that 75.85% of retail investor accounts lose money trading CFDs. Traders should review their experience and risk tolerance carefully before joining this promotion.
FreshForex $2024 No Deposit Promotion
FreshForex, a 20-year-old player in the forex market, has launched a $202.004 no deposit welcome bonus for new traders in 2024. New traders can explore live forex trading without risk from February 15, 2024, to April 30, 2024.
FreshForex Company Background
FreshForex operates under Riston Capital Ltd and serves clients from 158 countries worldwide. The broker has got several awards and was named the “Fastest Growing Forex Broker” at ALLFOREX 2022. The company excels in trading conditions and customer support.
Bonus Trading Requirements
The bonus program has specific eligibility criteria:
- Account Types:
- Classic MT4
- Market PRO MT4
- ECN MT4 accounts
- Available in USD or EUR base currencies
The bonus funds show up in the Credit field right after account registration. You don’t need verification at first. The bonus amount stays non-withdrawable and works only as trading capital.
Profit Withdrawal Process
Here’s how the profit withdrawal works:
- Trading Period Results:
- All open positions will be closed
- Pending orders get canceled
- Company funds are deducted from Credit field
- Saved profit transfers to Credit field
- Profit Preservation Requirements:
- Deposit amount must equal or exceed earned profit
- For example: To save $200 profit, deposit $200
- Partial profit preservation possible with smaller deposits
- Volume Requirements:
- Trade 1 lot for every $5 of saved profit
- Complete required volume within 30 calendar days
- Maximum preservable profit capped at $5,000
Traders need to contact their personal manager through the Client Area feedback form to move the profit to their Balance.
Time Limitations
The bonus has these vital timeframes:
- Initial Trading Window:
- 7 calendar days to use bonus funds
- Must save profits through account funding within this period
- Post-Deposit Timeline:
- 30 calendar days to complete trading volume requirements
- Profit becomes withdrawable upon meeting conditions
- Extension Options:
- Bonus period can extend another seven days
- Requires new deposit
Your account resets to its original state if you don’t fund it within the first 7 days. This means:
- Cancelation of earned profit/loss
- Removal of bonus funds
- Account reset to original state
The broker is clear about the risks. Trading financial instruments with leverage can be risky. Traders should review their risk tolerance and experience before joining this promotion.
InstaForex $1000 No Deposit Bonus
InstaForex, a 16-year old forex broker, has built a strong presence with over 7 million active traders worldwide. New traders can explore forex markets with a $1000 welcome bonus through their latest no deposit bonus promotion.
InstaForex Trading Features
The platform gives you access to more than 300 trading instruments and provides advanced technical capabilities for smooth trading execution. Your orders get processed within 0.05 seconds. The broker keeps spreads competitive without hidden costs and lets you choose leverage options from 1:1 to 1:1000.
Key platform features include:
- MetaTrader 4 and 5 compatibility
- Browser-based WebTrader access
- Mobile trading apps for iOS and Android
Bonus Eligibility Criteria
The no deposit bonus program has specific requirements:
- Account Requirements:
- Standard USD, US Cent, Standard EUR, or EUR Cent accounts are eligible
- MT5 accounts do not qualify
- Each new client gets one bonus only
- Verification Process:
- You need to submit a portrait photo with identification document
- Your documentation must be legible and match account details
- Remember to include your trading account number in the verification email
Trading Volume Requirements
The bonus structure works with these volume-based conditions:
- Your buy/sell trades must total X*25 InstaForex lots
- EUR accounts follow X251.1 formula for volume calculation
- Bonus accounts have maximum leverage of 1:200
Withdrawal Conditions
Your profit withdrawal must follow these guidelines:
- Profit Requirements:
- Your profit must exceed 20% of the bonus amount
- You can withdraw any profit above the 20% threshold
- Complete account verification is necessary
- Bonus Cancelation Rules:
- Your bonus gets canceled with any withdrawal
- The broker deducts an additional 20% of bonus amount
- Send withdrawal requests to bonuses@instaforex.com
Account Types Available
InstaForex has different account types to match your trading style:
- Standard Account:
- $1 minimum deposit
- Fixed spreads from 3 pips
- Perfect for beginners
- Eurica Account:
- Trading based on commission
- No spreads
- $1 minimum deposit
- Standard-ECN Account:
- Variable spreads from 0.8 pips
- $1000 minimum deposit
- Access to ECN liquidity
- Pro-Standard Account:
- Variable spreads from 1.3 pips
- $10000 minimum deposit
- Advanced trading features
- Cent Account:
- Micro-lot trading (0.0001 standard lot)
- $1 minimum deposit
- 3 pip starting spread
Of course, you should know that CFDs come with significant risks. The numbers show that 75.02% of retail investor accounts lose money when trading CFDs with this provider. On top of that, the broker can modify bonus terms without prior notice.
FBS $50 Welcome Trading Bonus
FBS has become a trusted forex broker that serves traders in global markets with multiple worldwide licenses. The broker shows its dedication to making trading available through a new $50 welcome trading bonus promotion.
FBS Platform Overview
FBS stands out with advanced trading features that include commission-free trading from 0 pips and leverage up to 1:3000. Orders execute in 0.01 seconds, which gives traders quick market entry and exit.
Traders can use MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms along with the FBS Trader App. These platforms let traders access a variety of trading instruments from forex pairs to commodities.
The platform’s main features include:
- Spreads from 0.7 pips
- $5 minimum deposit
- 0.01 second order execution
Bonus Trading Rules
The $50 welcome bonus has simple trading conditions:
Traders need to complete a minimum trading volume of 2 standard lots to withdraw profits. The bonus stays active during trading but has specific limits:
- Trading Instruments:
- Major forex currency pairs
- Forex exotic pairs
- Metals and indices
- Energy products
Traders can use leverage up to 1:500 to optimize their positions and manage risk. They can keep up to five open positions at once, with each order volume at 0.01 lot.
Verification Requirements
FBS uses a strong verification process to keep accounts secure. The process has these key steps:
- Identity Verification:
- Government-issued ID or passport
- Date of birth details
- Profile Verification:
- Personal information
- Email address
- Phone number
The FBS team checks documents quickly and completes verification within 24 hours. Once verified, traders can use bonus funds and withdraw money.
Withdrawal Process
The withdrawal system has clear rules that make the process transparent. Traders can withdraw profits between $25 and $500 after meeting trading requirements.
FBS offers instant automated withdrawals through local banks and global payment solutions. The platform keeps funds in segregated accounts and follows regulated payment rules to protect money.
Key withdrawal conditions:
- $25 minimum profit threshold
- $500 maximum withdrawable profit
- 2 lots trading volume requirement
FBS helps traders succeed with detailed educational resources that include daily VIP analytics, technical analysis, and live market notifications. The broker also offers trading courses created by market experts to boost trading skills whatever your experience level.
FSC (Belize) regulation means FBS follows international standards to curb money laundering and terrorist financing. This oversight, plus SSL certification and segregated accounts, creates a secure environment for traders.
FXGT $50 No Deposit Forex Bonus
FXGT.com, a regulated forex broker, offers new traders in Thailand, Malaysia, and Vietnam a $50 no deposit bonus. Traders can experience live market conditions without putting their own money at risk.
FXGT Trading Features
FXGT’s platform sets itself apart with account options that suit different trading styles. Traders can choose from several account types:
- Mini accounts with $5 minimum deposit
- Standard+ accounts that come with bonuses and rewards
- ECN Zero accounts with spreads starting at 0 pips
The platform provides competitive trading conditions with leverage up to 1:5000 and zero-fee trading. Orders get processed quickly through advanced technology.
FXGT.com features TradingView’s sophisticated charting tools that help traders analyze markets with over 90 drawing tools. Traders can use various chart types from candlesticks to specialized Renko and Heikin Ashi patterns.
Bonus Terms and Conditions
The $50 welcome bonus has specific rules:
- Time Constraints:
- Traders have 30 days from registration to claim the bonus
- Unused bonus expires after this period
- Trading Requirements:
- Traders must complete 2 GTLots trading volume ($200,000)
- Direct bonus withdrawal isn’t allowed
- Only profits can be withdrawn
The bonus works as trading credit. Traders can test their strategies and make profits in real market conditions. They can withdraw earnings after meeting volume requirements while keeping their operations transparent.
Account Requirements
Getting the bonus requires these steps:
- Registration Steps:
- Set up a new FXGT.com account
- Verify your email
- Submit KYC documents
- Document Verification:
- Valid proof of identity (ID/POI)
- Current proof of address (POA)
- All documents must be valid
Verified traders should open an MT5 trading account through the “Trading Accounts” menu. They can pick Mini, Standard+, or Crypto Max account types.
Profit Withdrawal Guidelines
FXGT.com has straightforward withdrawal rules that ensure safe fund transfers:
Withdrawal limits range from $5 to $50, depending on your payment method. The finance team processes valid requests within 24 hours. Each payment method has its timeline:
- Bank transfers take up to 5 business days
- Credit/debit card transfers complete in 2 business days
- Cryptocurrency transfers finish within 48 hours
- E-wallet transfers happen almost instantly
Traders might face third-party fees and currency conversion costs when withdrawing in a different currency. AML rules require withdrawals through the same payment method used for deposits.
FXGT’s platform uses strong security measures like PCI DSS certification and secure networks. This approach protects client funds and keeps operations running smoothly.
LiteFinance $50 Free Trading Bonus
LiteFinance serves more than 3.23 million traders worldwide. The broker stands out with its competitive trading conditions and advanced tech solutions. New traders can explore live markets risk-free with a $50 trading bonus.
LiteFinance Platform Features
The platform gives traders raw spreads from 0 points with ECN technologies. Their trading platform provides:
- EURUSD spreads from 0 points
- GBPUSD spreads from 0.1 points
- USDJPY spreads from 0.6 points
Financial operations happen quickly here. Automatic withdrawals up to 5,000 units process daily. Larger transactions take just 24 hours to complete.
Bonus Trading Conditions
The $50 welcome bonus comes with specific trading rules:
- Eligibility Requirements:
- Works with MT4-CLASSIC, MT4-CLASSIC2, MT4-CENT, and MT4-CENT2 accounts
- Leverage caps at 1:1000
- Stays active for 30 days after activation
The platform keeps bonus allocation rules clear. The bonus shows up in your trading account right after verification. You can withdraw profits from bonus funds once you meet the required trading volumes.
Verification Process
The platform’s security system includes thorough verification steps:
Traders need these documents for profile verification:
- Full-size color copies of government ID
- Proof of residential address
- Documents valid for 6 months past application date
You can prove your address with:
- Utility bills (under three months old)
- Bank statements
- Affidavits from recognized organizations
The platform reviews verification requests quickly, usually within business hours. Your account gets bonus features once verification succeeds.
Withdrawal Rules
The platform follows clear guidelines for secure fund transfers:
- Trading Requirements:
- Trade 15 lots in volume
- Keep positions open for over 120 seconds
- Hit 30 pips profit/loss minimum
- Additional Conditions:
- Deposit at least $50
- Withdrawals go through your deposit method
- Follow AML policy rules
The finance team handles withdrawals manually in order of arrival within one business day. Transactions under $1 don’t process to keep operations smooth.
LiteFinance puts trader safety first with negative balance protection and quality analysis tools. The platform helps traders succeed through educational resources that work for all skill levels.
Comparison Table
| Broker | Bonus Amount | Platform/Account Types | Trading Volume Requirements | Maximum Withdrawal | Verification Requirements | Bonus Duration |
|---|---|---|---|---|---|---|
| XM Trading | $30 | MetaTrader platforms | 0.1 standard lots, 5 round turn trades | Minimum $60 | ID + Proof of residence | 30 days to claim |
| RoboForex | $30 | ProCent and Pro accounts (MT4/MT5) | Not mentioned | No restrictions on profits | Passport, address, phone verification | 30 days |
| FreshForex | $2024 | Classic MT4, Market PRO MT4, ECN MT4 | 1 lot per $5 of saved profit | $5,000 | Not required initially | 7 days original |
| InstaForex | $1000 | Standard USD/EUR, Cent accounts (MT4) | X*25 InstaForex lots | 20% of bonus amount | Photo ID with portrait | Not mentioned |
| FBS | $50 | MT4/MT5 platforms | 2 standard lots | $500 | ID and profile verification | Not mentioned |
| FXGT | $50 | Mini, Standard+, ECN Zero accounts | 2 GTLots ($200,000) | Not mentioned | ID (POI) + Proof of address | 30 days |
| LiteFinance | $50 | MT4-CLASSIC, MT4-CENT accounts | 15 lots | Not mentioned | ID + Proof of residence | 30 days |
Conclusion
My analysis of seven no deposit forex bonus offers revealed major differences in their terms and trading conditions. XM Trading and RoboForex keep things simple with $30 bonuses and reasonable requirements. FreshForex takes a different approach with its impressive $2024 promotion.
Trading volume requirements vary between brokers. FBS needs only 2 standard lots, but FXGT expects traders to reach $200,000 in trading volume. These contrasts make each bonus more suitable for different trading styles and experience levels.
Verification requirements show interesting variations among brokers. LiteFinance and FXGT have strict documentation standards. FreshForex lets traders start without original verification. Withdrawal limits range from $60 to $5,000, and each broker has specific profit-taking rules you need to know before you start.
Your trading goals should guide your bonus selection. New traders often do better with XM Trading’s clear terms. Experienced traders might prefer InstaForex’s larger $1000 bonus. Note that these offers change often, so it’s best to verify the latest terms with your chosen broker.
You should read each broker’s bonus terms carefully and think about:
- Trading volume requirements
- Withdrawal conditions
- Account verification process
- Bonus expiration period
- Available trading platforms
This helps you pick a bonus offer that matches your trading skills and goals.
FAQs
Q1. Which forex brokers offer no deposit bonuses for new traders? Several reputable brokers offer no deposit bonuses, including XM Trading ($30), RoboForex ($30), FreshForex ($2024), InstaForex ($1000), FBS ($50), FXGT ($50), and LiteFinance ($50). These bonuses allow new traders to start trading without risking their own capital.
Q2. What are the typical requirements to claim a forex no deposit bonus? Requirements usually include account registration, email verification, and sometimes identity verification. Most brokers require traders to complete a specific trading volume before allowing profit withdrawals. For example, FBS requires 2 standard lots of trading volume for their $50 bonus.
Q3. Can I withdraw the no deposit bonus amount directly? Generally, no. The bonus amount itself typically cannot be withdrawn and serves as trading credit. However, profits generated from trading with the bonus funds can often be withdrawn after meeting certain conditions set by the broker.
Q4. How long do forex no deposit bonuses usually last? The duration varies by broker. Many offers, like those from XM Trading, RoboForex, and FXGT, are valid for 30 days from activation. FreshForex provides an initial 7-day window. It’s important to check the specific terms for each broker’s promotion.
Q5. Are there any risks associated with forex no deposit bonuses? While no deposit bonuses allow risk-free trading with the bonus funds, it’s crucial to understand that forex trading itself carries significant risks. Many brokers disclose that a high percentage of retail investor accounts lose money when trading CFDs. Always carefully review the broker’s risk warnings and terms before trading.
