Forex brokers that give free bonus

Rebate – cash-back withdrawable bonus on each lot traded. 3 affiliate IB: receive a commission from your fellow traders, specially design for the marketers.

Top forex bonus list

Forex brokers that give free bonus

Deposit bonus – A bonus on funding a live account. The bonus credited on percentage of the deposit amount.

No deposit bonus – free bonus on account registration for the new clients to trade live without any risk.

Tradable bonus: A deposit bonus that can be lost and traded as the part of your trading equity.

Volume bonus – most common type of deposit bonus, it allows you to increase your trading volume. Often the bonus can be cashed on trading lot requirement.

Forex gift – A gift for the clients for completing certain requirements, everything from bonus to latest gadget

Freebies – free stuff by forex brokers like ebook, courses, trading materials etc.

Rebate – cash-back withdrawable bonus on each lot traded.

Demo contest – contests held on demo account, win cash/tradable money with no-risk involve!

Live contest – contest held on live account, deposit requires. Win bigger cash/prizes.

Refer – a-friend– refer your friend to your broker, when your friend deposit you will get a special bonus

Free signals – get free trading signals from the broker.

Free VPS – get access to an optimized forex virtual private server for free on maintaining a certain amount of trading balance.

Binary options – binary bets trading on forex instruments

Forum posting: get a small trading bonus for each of your post in forms.

3 affiliate IB: receive a commission from your fellow traders, specially design for the marketers.

Draw bonus: the winners chosen by a draw

Seminars webinars: find the schedule to participate in the online/offline events.

Expos events: inviting to attend the forex events & expos globally.

Forex no deposit bonus in 2021

Risk warning: losses could exceed deposits.

Haroun kola

Questions?

Risk warning: losses could exceed deposits.

How to trade forex for free

If you always wanted to trade forex, but just don’t have the money to start or you want to try out the live servers instead of demo servers then these brokers have made it possible for you to do just that.

These accounts come with their own terms and conditions and I urge you to read each of them so that you know exactly what to expect from these accounts.

Don’t expect to be able to withdraw this amount, you may be able to withdraw profits, but there WILL be trading volume restrictions and most of them (ALL I think) will want you to make a deposit of your own cash before they make any of the proceeds of this bonus available to you.

Tigerwit

Tigerwit have just announced a new $25 no deposit bonus for ALL new traders to try out their live trading conditions. It could also be a celebration of liverpool winning the EPL after a 30 year wait, but whatever the reason, I’m thrilled they’re doing this.

They have a copy trading solution and in partnership with an EA provider we’re experimenting to see how profitable it could be. More details will be provided to every trader that signs up for this free trading account.

Markets.Com

My favourite broker for this kind of bonus is markets.Com who are offering a R250 in trading credit.

Now I’ve never tried one of these accounts myself, I’d much rather learn with at least a reasonable amount of funds to see me through any consecutive number of losing trades, but I definitely know that other’s are looking for this. So, if you take this up, I’d love to know what your experiences are.

Tickmill

Experience one of the best trading environments in the industry risk-free with tickmills $30 welcome account.

No need to deposit funds

No risk of losing your money

Profits earned can be withdrawn

Trade for free with XM

XM is offering a $30, no deposit bonus to try out their services. Many brokers are now offering this risk free way to give you a taste of their services.

You probably won’t get rich from this free account, you’ll need a decent size account of at least $500 if you want to start making some real money but if you haven’t ever traded before or you want to see what their service is like, sign up with XM.

Instaforex offers A no deposit bonus

Instaforex, asia’s favourite broker also offers a no deposit bonus. There’s is one of the most generous at $1000, but before you get too excited, listen up to what their terms and conditions are.

As soon you reach a 10% profit, ie. $100 in profit, your account won’t allow you to trade any longer until you make a deposit of at least $100.

If you’d like to take advantage of this, then open an account here.

$10 free from fxopen

It’s very easy to apply for the $10 no deposit bonus from fxopen. All you need to do is register an fxopen ewallet. Verify your mobile no and finally, open an STP trading account.

You may withdraw all profits after trading 2 standard lots. The initial $10 USD bonus can’t be withdrawn though, it’s not your money, honey.

I must re-iterate, these trading accounts won’t make you rich for free. You’ll have to make a deposit and trade a certain amount to be able to withdraw either the free deposit amount or

Welcome bonus up to $500

Welcome bonus - a bonus which is equal to 100% of the first deposit, but does not exceed $500. It is credited automatically. The profit can be withdrawn without any limitations, and the bonus itself can be withdrawn after required trading turnover completed.

Welcome bonus advantages

How to get the welcome bonus

Terms and conditions

To credit a welcome bonus, it is required to open a live account MT4.Directfx, MT4.Classic+, MT5.Directfx or MT5.Classic+. Please note, "cent" accounts are not allowed. Welcome bonus can be credited only to standard account.

Welcome bonus can be obtained only once with the first deposit of at least $50. For this purpose, check “enroll welcome bonus” option on the replenishment form.

Bonus amount is equal to 100% of the deposit sum, but can not exceed $500 (or equivalent in the account currency).

The profit can be withdrawn at any time, but the welcome bonus can be withdrawn only after the required trading turnover is achieved. The required trading turnover can be calculated upon the formula: .

Example:

The trader made a deposit $200 and received welcome bonus $200. Required turnover = 200 * 50,000 = $10,000,000 (which is equivalent to 44 lots of EURUSD in metatrader)

Examples:

BUY 1 lot EURUSD (1 lot = 100,000 EUR) position opened at a price of 1.1257 and closed at 1.1283.

SELL 5 lot USDJPY (1 lot = 100,000 USD) position opened at a price of 109.806 and closed at 109.352.

BUY 3.5 lot GBPUSD (1 lot = 100,000 GBP) position opened at a price of 1.2978 and closed at 1.2985.

Example:

The trader made a deposit $500 and received welcome bonus $500. In case the equity goes down to $500 (value in the credit field), welcome bonus will be automatically cancelled, and all positions will be closed forcibly (stop out).

Risk warning: trading with complex financial instruments such as stocks, futures, currency pairs, contracts for difference (CFD), indexes, options, and other derivative financial instruments involves a high level of risk and is not suitable for all categories of investors. You must realize that there is a probability of partial or complete loss of your initial investments and you should not invest facilities that you can't afford to lose. Until you begin to carry out trading transactions, make sure that you fully realize the risks associated with this type of activity.

Best no deposit bonus forex brokers 2020

We've listed the top no deposit bonus forex brokers that offer bonuses ranging from $10 to $100.

In forex trading, an initial capital is required to open a live account. This capital is used to place orders in the market.

No deposit bonus by a forex broker is a service extended in form of free capital that the trader gets in his/her real trading account while starting to trade with the broker. This free capital is the bonus given by the forex broker, so you can start trading without risk of investing your money.

These “no deposit bonus” programs are mostly offered by brokers to attract new customers. But, as these “no deposit bonuses” are provided free of charge, there are certain guidelines, withdrawal restrictions etc. That depend from broker to broker.

Although there are quite many bonus programs out there, but we have only listed the no deposit bonus by forex brokers that are popular & well regulated globally.

Best no deposit bonus forex brokers in south africa for 2020

XM – $30 no deposit forex bonus

Fxopen – $10 forex bonus

FBS – $100 no deposit bonus

Tickmill – $30 no deposit bonus

Hotforex – 100% first deposit bonus (on $250+ deposit)

Best no deposit bonus forex brokers compared

We have compared the bonus conditions & terms for all the forex brokers that offer no deposit bonus to south african traders.

1. XM no deposit bonus – $30

Overall rating 9.0/10

Benchmark EUR/USD spread: on average 1.5 pips.

Welcome bonus: $30 (profits can be withdrawn)

Regulation: ASIC

Ranked #1 no deposit bonus forex broker

XM broker gives a $30 “no deposit bonus” to new traders only if you sign up for it via their special page. XM is a reputed broker so they are considered safe.

Getting XM broker’s $30 no deposit bonus is a straightforward process and the amount is credited to the trading account after registration and account verification. This bonus can be used straightaway to start trading with access to the MT4 and MT5 platforms. This account would also provide access to MT4 live trading without making any further deposits.

Note: it should be kept in mind that this bonus cannot be withdrawn, only the profits made can be withdrawn provided certain volume conditions & terms are met.

2. Tickmill no deposit bonus – $30 (not available currently in SA)

Overall rating 8.0/10

Benchmark EUR/USD spread: on average 1.6 pips.

Welcome bonus: $30 (profits can be withdrawn)

Regulation: FSCA, FCA

Ranked #2 no deposit bonus forex broker

Tickmill is a FSCA regulated forex broker, and also regulated by multiple top tier regulators including FCA. So they are considered safe.

Tickmill was founded in 2014 and offers attractive trading conditions. They provide various trading instruments like forex, stock indices & oil, precious metals and bonds. They provide MT4 and webtrader platforms. They are regulated with top tier bodies like FSA SC, FSA UK, and cysec.

Update: tickmill’s ‘no deposit bonus’ is not available for traders in south africa currently. New traders can signup for a live account with $30 as a bonus into the trading account. This trading account has trading conditions similar to the pro account, benefits of which include low spreads and commission, multiple asset classes, etc. A point worth noting here is the use of expert advisors (eas) is not allowed on welcome accounts.

Tips for wisely using the no deposit forex bonus

It is very easy to see the no deposit bonus as free cash, but it is not. In most cases (with reputed brokers) there will be many terms levied by the broker before you can withdraw any profits made with the bonus.

Traders should treat this bonus as a trading investment to learn and apply their trading strategies in real market conditions.

Following are some tips on how to best use the no deposit bonus:
1) all forex brokers that offer no deposit bonus will have the terms and conditions about it – including conditions for withdrawing profits made with the bonus. So carefully read all the terms & fine prints, understand all those conditions before signing up.

If there is any ambiguity in the terms and conditions, make sure to clarify the doubts with the broker before opting for the broker.

2) some broker may offer bonus that would seem to be really attractive. However, the broker’s reputation & regulations should be considered before choosing any such broker, even in case if it is a free bonus. An exciting bonus should not be the only point to start trading with the broker.

3) always keep in mind that the no deposit bonus is an initial capital for trading and not free cash which can be used otherwise.

The real intention here is to trade properly and earn profits. One should be clear about their trading goals. Hence, we should keep our trading strategies and requirements in mind in order to put the bonus to its intended use.

No deposit bonus is a win-win situation for both the broker and the customer. While the broker will increase its customer base, the customer can train oneself and gain useful insights from trading by using the free bonus.

However, you should be mindful of not falling into false traps and see it as investment capital. You should instead wisely use the bonus to learn trading with a reputed broker & test your strategy in real market conditions.

Frequently asked questions: no deposit bonus forex brokers

Which forex brokers offer no deposit bonus in south africa?

Many forex brokers offer no deposit bonus & most of them accept SA based traders. But we have only reviewed & tested the welcome no deposit bonus by 3 popular brokers:

XM – $30 bonus: ASIC regulated broker.

Fxopen – $10 bonus: FCA regulated broker.

FBS – $100 no deposit bonus FCA regulated broker

Can I withdraw the no deposit forex bonus?

This depends on the broker, but generally the profits made with trading bonus are withdraw-able provided some conditions are met. Almost all brokers that offer no deposit welcome bonus impose strict terms & trading volume requirements before you can withdraw any profits.

It is best to read the terms of the bonus before signing up, so that you don’t get surprises later.

Are no deposit bonus brokers safe?

Unfortunately not all brokers are safe. Most brokers that offer no deposit bonuses are not trusted. That is why it is really important to only choose a broker that is reputed & well regulated. If a regulated & popular broker is offering no deposit bonus then there are lesser risks.

As per our check XM broker, fxopen are brokers that are regulated with at-least 1 top tier regulator & offer no deposit bonus. But you should still carefully read terms of these brokers before signing up for any of their bonus.

No deposit bonus brokers comparison summary

Here are our 3 recommended best no deposit bonus forex brokers for 2020.

Trading cfds is risky. Your capital is at risk.
Disclosure: we earn a commission if you sign up with a broker through referral links in this review. This helps us cover the expenses for running the website.

XM $30 welcome no deposit bonus

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Risk disclaimer

Risk warning: trading leveraged instruments such as forex & cfds are risky and can result in lose of your capital. Read full risk disclaimer..

No deposit bonus forex brokers list

Here you will find the latest best offers of forex brokers giving genuine no deposit welcome bonus for free in 2021 : find the highest bonus and the biggest promotion. Terms and conditions apply. Find below the forex brokers that offer welcome bonus or NDB, no deposit bonus required.

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

What is a no deposit bonus ?

A no deposit bonus is an amount of money that is deposited in a live trading account by the broker for free, it is a promotion that is generally offered by some brokers for new customers who register a new real account. Every client is generally entitled to receive the no deposit bonus only once. I order to receive a no deposit bonus, you have to follow the process of opening a new live trading account, fill in an application, verification of your email, verification of your phone number. It is quite rare to have a tradable bonus without verification. The verification procedure is quite simple: all that you need is to upload the scanned copy of a document proving your identity. Sometimes you have to claim the welcome bonus. Then the free welcome tradable bonus is credited to your account, and you can test the trading platform and do some trades. Bonuses are generally credited on a micro account, it is rare to have it on a ECN account. In some regions or countries, an alternate promotion may prevail. Finally, sometimes you have a certain number of days to use the bonus before it is rendered unavailable.

Withdraw profit

In most of cases, you can withdraw profit but it depends on terms and conditions. Sometimes, you have to reach a minimum profit, or you have to do a certain volume of trades. For instance, the profit shoud be allowed for withdrawal when the trade volume of both buy and sell trades are equal to X lots where X is the total amount of the bonuses received. There could also be a maximum amount of profits that the client can withdraw if they haven't made a first deposit yet.

Bonus withdrawable

The bonus is not always withdrawable, it depends on terms and conditions. When it is possible, brokers provide flexible conditions, customers can withdraw bonus funds in case of efficient forex trading. Most of time, you have to reach a minimum volume of trades to make your bonus withdrawable. It could also happen in some terms that bonus could become withdrawable only if you make your first deposit, it is also called payment method verification.

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

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

Forex no deposit bonus in 2021

Risk warning: losses could exceed deposits.

Haroun kola

Questions?

Risk warning: losses could exceed deposits.

How to trade forex for free

These accounts come with their own terms and conditions and I urge you to read each of them so that you know exactly what to expect from these accounts.

Tigerwit

Markets.Com

My favourite broker for this kind of bonus is markets.Com who are offering a R250 in trading credit.

Tickmill

Experience one of the best trading environments in the industry risk-free with tickmills $30 welcome account.

No need to deposit funds

No risk of losing your money

Profits earned can be withdrawn

Trade for free with XM

XM is offering a $30, no deposit bonus to try out their services. Many brokers are now offering this risk free way to give you a taste of their services.

Instaforex offers A no deposit bonus

Instaforex, asia’s favourite broker also offers a no deposit bonus. There’s is one of the most generous at $1000, but before you get too excited, listen up to what their terms and conditions are.

As soon you reach a 10% profit, ie. $100 in profit, your account won’t allow you to trade any longer until you make a deposit of at least $100.

If you’d like to take advantage of this, then open an account here.

$10 free from fxopen

It’s very easy to apply for the $10 no deposit bonus from fxopen. All you need to do is register an fxopen ewallet. Verify your mobile no and finally, open an STP trading account.

You may withdraw all profits after trading 2 standard lots. The initial $10 USD bonus can’t be withdrawn though, it’s not your money, honey.

I must re-iterate, these trading accounts won’t make you rich for free. You’ll have to make a deposit and trade a certain amount to be able to withdraw either the free deposit amount or

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.

XTB no deposit bonus

Platform

Min. Volume

Action

Getting ready for deep water but still not sure with whom you should make a deposit? In today’s forex market you have opportunities of testing real accounts from some brokers without any deposits. And XTB no deposit bonus is certainly one of such deals! So get ready to check how good xstation platform really is using your free money. Important update: this offer is over!

Try XM on a $30 account!

Trade with an award-winning broker praised by the top traders in the world!

XTB no deposit bonus description

Crucial thing about XTB no deposit is common for most of the no deposit deals, it is not available for traders who already have an account with this broker. So if you do have an account, forextradingbonus advises you you to check our deposit bonus section and grab something great for you!

Furthermore, the amount of bonus you receive depends on currency of your account. If you prefer US dollars the amount of XTB no deposit bonus you receive will be 40 USD. In case your main currency is british pounds, you will get 25 GBP. And with euros, xtb free bonus will give you 30 EUR to your fresh account.

How to get XTB no deposit bonus?

In order to get XTB no deposit bonus you do not have to do anything extraordinary. Actually, the process is no different from normal registration. Yes, you just follow buttons from this post and open real account at XTB. Be prepared for identity check and do not cheat with name and surname while registering.

When your account is cleared, there is one thing you have to do. You have to write an e-mail to the xtb support telling them that you are ready for free bonus from xtb. In case you do not know, their email is ukservice@xtb.Co.Uk. So, there is nothing difficult.

If you did not cheat during registration, you will get your XTB no deposit bonus 40 USD!

Withdrawal of XTB no deposit bonus

Be aware, that your free xtb bonus can be used for trading only. So, there are absolutely no chances of transforming it into real cash. That’s a pity, but still, you can get your profits out.

You will not be able to transform your profits into cash before you make trading volume of 3 lots. Three lots is not too much, except for the fact that cfds trading will not count for this volume, so you will have to trade currencies.

Summing up, the deal is cool and the fact that you have stable amount for each preferred currency makes everything even better. Which means that trying it will not make you anything bad!

All forex bonuses

Forex bonus is a nice way to get some additional capital above what you have initially deposited. Many traders often make the mistake of looking just at the forex bonus offers without paying attention to the type of bonus and the trading requirements that come with it. If forex bonus is something that interests you, here are three things to know about them.

1. Types of forex bonus

Forex bonus comes in two forms; the no-deposit bonus and a deposit bonus. They can go by different names, but the basics are the same. With a no-deposit bonus you are given free real money to trade forex. This is usually done after your verify your account information and in some cases, validate your account details by submitting verification documents. You can trade the no-deposit bonus without having to make a deposit, but you cannot withdraw the funds unless you make a deposit and trade a certain number of times.

A deposit bonus means that the broker give you a bonus based on your initial deposit. For example a 30% deposit bonus means that when you deposit $100, the broker gives you $30 in bonus. Of course, you can use this money alongside your trading capital (which comes to $130), but you won't be able to withdraw this $30 bonus unless you meet the trading criteria.

2. Always read the forex bonus terms and conditions

It is essential that you take the time to read the trading conditions for the forex bonus that you claim. Many traders fail to do this due diligence and end up complaining about the forex broker. A lot of inconvenience can be avoided when you read the terms and conditions. Most forex brokers typically require trading a certain volume. It can be 5 times the bonus amount in trading lots. For example a $30 bonus will mean you will have to trade 60 lots (5 times 30) before you can withdraw the bonus or the profits. The rules vary from one broker to another so always read the fine print.

3. Do you really need a bonus?

>forex bonus can be good and bad. It can be good because claiming a no-deposit bonus can be a way to test the broker's trading conditions. You can also claim the no-deposit bonus just to trade with real money and not risk anything at all (except your information of course).

On the other hand, claiming a deposit bonus will lock in your initial capital as well. Think about it for a second by going back to the example in #2. Can you really trade 60 lots with a trading capital of just $130? It is next to impossible. Chances are that you are more likely to lose your entire capital than take any advantage of the bonus.

The influence of forex bonus entirely depends on the trader. At allfxbrokers.Com you can see a list of the forex brokers and the types of bonuses that they offer. If you find a particular bonus to be attractive, click on the ‘read more’ button to know more on the bonus terms and conditions and how you can claim the bonus.

Last but not the least, always be careful when you trade a forex bonus and claim the bonus only when you are fully aware of the terms.

In recent years it has become common for brokers to offer bonuses to clients, which sends an indication that brokers offering bonuses are really keen to get traders on board at any expense. However, a lot of the very large and well established brokers do not offer bonuses and in fact frown upon bonuses.

When you understand that some brokers profit directly from client losses and the majority of clients lose money it becomes clear why some brokers use bonuses to get traders on board. On the other hand the STP brokers only profit from clients’ trade volume so since their profits are not directly based on deposits and losses they cannot afford to give bonuses, and should not be giving bonuses.

It’s important to understand what a bonus is and how it can be used, as its easily misunderstood. First thing you need to know is that bonuses cannot be withdrawn and in most cases expire after a defined period of time, such as one month in many cases. So, if you go to a broker offering a 60% deposit and make a $1000 deposit, your trading account will typically receive a withdrawablebalance of $1000 + a credit of $600. This allows you to hold open positions that require a margin of $1,600, even though you deposited just $1,000. However, it is important to understand that holding positions that require more margin than you have available is putting your account at greater risk of being stopped out. In fact by having a bonus has almost the same effect as increasing the leverage of an account. However, the bonus (credit) is typically withdrawn after a defined time period so all of a sudden any losing positions suddenly become more risky or get stopped out. Therefore, a bonus is in effect a temporary increased leverage and really does not help the trader much.

It is for that reason that we do not recommend using brokers that offer bonuses. The main reason is that brokers that offer bonuses are usually market makers hoping for you to lose money, and the second reason is that there really isn’t any benefit and can disrupt you trading strategy and psychology. Traders are far better looking for a broker offering a higher leverage than a bonus.

So, let's see, what we have: allforexbonus.Com presents best forex bonus, promotions & review 2021 - get latest offers from forex brokers around the world like deposit bonus, no deposit bonus, free forex bonuses, forex NO deposit bonus 2021, forex contests, binary options bonuses and more, UPDATED DAILY. We deliver the best forex bonuses to your trading desk. At forex brokers that give free bonus