Forex Brokers with No Deposit Bonus

A no deposit bonus refers to a free promotional campaign by a broker that provides free money to a trader so they can try out the provider’s services. These kinds of promotions are offered to traders only once, which means that you need to decide whether to get the offer or not upon account registration.

Traders cannot expect an extravagance from a no deposit offer; however, it assures risk-free opportunities in investing in markets without the need to deposit anything. Forex brokers with a no deposit bonus can also give around $1 to $300 as a no-deposit incentive which is withdrawable under certain trading conditions. While you are in this article, read through the following chapters and choose from these brokers with no deposit bonus features.

Top Forex No-Deposit Bonuses List

Broker
Rating
Regulated
Min. Deposit
Bonus
Max. Leverage
1.
easyMarkets

CySec, ASIC, BVI

Min $100 Deposit

Up to 50% With Sign-up

1:30

Review » Open Account » Open Account
Terms & conditions apply
Your capital is at risk.
2.
FXCC

CySEC, FCA

Min $100 Deposit

100% First Deposit

1:500

Review » Open Account » Open Account
Terms & conditions apply
Your capital is at risk.
3.
HYCM

CySEC, FCA, CIMA, FSC, DFSA

Min $100 Deposit

10% Credit Bonus

500:1

4.
Fusion Markets

ASIC, VFSC

Min $100 Deposit

-

500:1

Review » Open Account » Open Account
Terms & conditions apply
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 74-89% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
5.
Plus500

ASIC, FMA, FCSA, FCA, CySEC, MAS, FSA

$100

€25 No Deposit Bonus

1:30

6.
Blackbull Markets

ASIC, VFSC

Min $100 Deposit

-

500:1

Review » Open Account » Open Account
Terms & conditions apply
Risk Warning: Trading foreign exchange on margin carries a high level of risk and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange, you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and, therefore, you should not invest money you cannot afford to lose. You should make yourself aware of all the risks associated with foreign exchange trading and seek advice from an independent financial advisor if you have any questions or concerns as to how a loss would affect your lifestyle.
7.
LegacyFX

CySEC, VFSC, NBRB, FCA

Min $250 Deposit

-

1:200

Review » Open Account » Open Account
Terms & conditions apply
Your capital is at risk.
8.
Vantage FX

FCA, ASIC, CIMA, SIBL

Min $200 Deposit

Up to 50% Bonus

500:1

Review » Open Account » Open Account
Terms & conditions apply
Trading Forex and CFDs involves significant risk and can result in the loss of your invested capital. You should not invest more than you can afford to lose and should ensure that you fully understand the risks involved. Trading leveraged products may not be suitable for all investors. Before trading, please take into consideration your level of experience, investment objectives and seek independent financial advice if necessary.
9.
Eightcap

ASIC, VFSC

Min $100 Deposit

$30 No Deposit Bonus

500:1

Review » Open Account » Open Account
Terms & conditions apply
Margin trading involves a high level of risk, and may not be suitable for all investors. You should carefully consider your objectives, financial situation, needs and level of experience before entering into any margined transactions with Eightcap, and seek independent advice if necessary. Forex and CFDs are highly leveraged products which mean both gains and losses are magnified. You should only trade in these products if you fully understand the risks involved and can afford losses without adversely affecting your lifestyle (including the risk of losing substantially more than your initial investment).
10.
Forex.com

FCA, IIROC, JFSA, NFA, CIMA, FSA, ASIC, CFTC

$100

Up to $5000 Welcome Bonus

50:1

Review » Open Account » Open Account
Terms & conditions apply
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 79% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Brokers That Offer Deposit Bonus Reviewed

InstaForex

InstaForex Logo

InstaForex is one of the well-trusted Forex brokers in the industry, offering a good range of bonuses. They start with providing their traders with one of the best no deposit offers in the industry. If you wish to join InstaForex, you can avail of their $1000 no deposit bonus. Besides this excellent offer, the broker also has a 30% deposit bonus. This way, you can receive the additional 30% on top of the initial deposit as a risk-free bonus fund for you to trade with your broker.

And as you join InstaForex, enjoy several additional incentives, including challenges and contests where you can win a vast range of prizes like money, cars, and many more.

InstaForex Logo

Min 1$ Deposit

Regulated By: CySec, FSC

Foundation Year: 2007

Headquarters: Mesa Geitonia, Cyprus


Terms & conditions apply
Risk Warning – Your capital is at risk

FXOpen

FXopen Logo

With several Forex brokers in the market today, brokers tend to create ways to entice traders. FXOpen kicks off its promotions offering with a $10 no deposit bonus. This is an excellent choice if you are a new trader trying out how the industry works, with zero risks to your money. As a new trader, you do not want to immediately dive into dealing with a tremendous amount of money, as you are still testing your trading capabilities.

Suppose you choose to join FXOpen using a micro account; you can get another excellent offer of a $1 welcome bonus. This will ensure that traders are covered in trading with free money at lower risk levels. You can also expect more trading contests as you go along using this broker.

FXOpen Logo

Min $10 Deposit

Regulated By: FCA, CySEC, ASIC

Foundation Year: 2003

Headquarters: London, Sidney, Charlestown


Terms & conditions apply
Risk Warning: Trading Leveraged Products such as Forex and Derivatives may not be suitable for all investors as they carry a high degree of risk to your capital. Please ensure that you fully understand the risks involved, taking into account your investments objectives and level of experience, before trading, and if necessary, seek independent advice.

Axiory

Axiory Logo

Suppose you are new to the Forex industry. One of the essential things to consider when choosing a broker is whether a trusted and reputable agency regulates it. Most Forex brokers are, but it still pays to check before signing up. Axiory is an excellent broker choice, and popular among traders as the International Financial Services Commission regulates them.

Apart from their existing deposit bonuses, the broker also has a $25 no deposit bonus if you wish to open an account with them. However, you need to remember that the bonus is non-withdrawable, but the profits can be, as you trade off the bonus amounts.

Axiory Logo

Min $10 with 50% Deposit Bonus Deposit

Regulated By: IFSC (Belize)

Foundation Year: 2011

Headquarters: Belize City


Terms & conditions apply
Trading of foreign exchange on margin carries a high level of risk and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange, you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility that you could sustain a loss of some or all of your initial investment exists, therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading and seek advice from an independent financial advisor if you have any doubts.

XM

XM.com Logo

This is another leading international broker, which most traders in the industry easily recognize. Along with its various features and services, a $30 no deposit bonus awaits those who decide to trade using XM’s trading platform. The amount can be used in money trading, risk-free.

As you sign up with XM, you can also enjoy a deposit bonus with an amount of up to $4500, a lucky draw, and loyalty programs.

XM.com Logo

Min $5 Deposit

Regulated By: ASIC, IFSC, DFSA, CySEC

Foundation Year: 2009

Headquarters: Limassol, Cyprus


Terms & conditions apply
Risk Warning: Forex and CFD trading involves a significant risk to your invested capital.

AGEA

AGEA Logo

This Forex broker operates under the AGEA International AD Company, which is stationed in Podgorica, Montenegro. AGEA is listed publicly in the Montenegro Stock Exchange, which can be beneficial and suitable for traders. If you decide to join this broker, it offers a $5 no deposit bonus upon signing up.

Besides the no deposit offer, AGEA offers two kinds of trading platforms – MT4 and the Streamers. The broker also provides one of the best live chat customer support in the trading space. If you wish to withdraw your trading profits, ensure that the account balance exceeds the withdrawal fee.

AGEA Logo

Min $5 no deposit bonus Deposit

Regulated By: Commission for Capital Markets

Foundation Year: 2005

Headquarters: Montenegro


Terms & conditions apply
Risk Warning – Your capital is at risk

Conclusion

Choosing a no deposit bonus forex broker is more than just the offer campaign itself; you need to assess other trading aspects before signing up with a Forex broker. Indeed, a reputable company will do well for your trading journey; however, it still oats to consider your needs and if the broker of your choice answers your qualifications.

No Deposit Bonus FAQs

What will Forex Brokers get out of the bonus they offer?

When you trade, Forex brokers will generate profit. As they provide you bonuses, they help you prevent financial loss, promoting you to trade even more. As you trade several times to reach a specific trade volume, the Forex Broker has possibly doubled the value of the bonus they offered to you.

How can a trader benefit from Forex brokers with no deposit bonus?

There are three essential benefits that a trader gets from the no deposit bonus. They will have the opportunity to experience the broker’s platform and understand the structure and Forex trading. This is essentially beneficial for new traders.

In learning the ropes of the industry, they can apply their trading skills and test them in real-time conditions. Finally, as you sign up for the no deposit bonus, you will have the chance to trade risk-free without having a fear of losing funds and investments.

Is it possible to trade Forex even without a deposit?

Yes. There is an increasing number of Forex brokers offering trades through small real cash no deposit bonuses so that traders can get started.

How can a trader apply for a no deposit bonus?

The first step is to choose a broker and open an account with them. You will then select your base currency. The most common currencies include USD, EUR, GBP, JPY, AUD, RUB, and more. Your bonus will be based on your currency; meanwhile, the bonus amount will depend on the broker you chose and the current offer promotion.

How to choose a no deposit Forex bonus?

Ensure to choose a reputable Forex broker to start, and check its features along with the no deposit bonuses.

About James Johnson
About James Johnson

Expert in Economics, Trading, Investments and Personal Finance. Graduated in 2001 in Business Economics and Management at Harvard University. After several years of working in the foreign exchange trading industry, I co-founded Forex Online Brokers in 2015 with the aim of distributing my personal knowledge and professional experiences in the field of trading and investments in general.