Forex no deposit bonuses are a great way to test trading platforms and strategies before making a real-money deposit. These bonuses also provide the perfect opportunity to compare trading platforms, mobile applications, and brokerages. This helps you make an informed decision. The best part is that these free bonuses are available for a limited time.
XM
A $30 no deposit bonus is offered by XM brokers to new live account holders. This means that traders do not need to make a deposit in order to start trading on the live market. This bonus cannot be withdrawn on its own, but traders may use it to collect their trading profits. The bonus is valid for 30 days after a new account is opened. There are no restrictions on withdrawal of profits or bonuses, unlike some other brokers. However, there are some rules that must be followed before a trader can use the free money. The first rule to remember when claiming the free bonus is that you must be new to the broker. This means that you cannot use the bonus if you already have a live trading account with another broker.
XM also requires that all customers are 18 years of age or older, and that they have no past violations of broker regulations. If you have a history of violating their rules, XM will suspend any trading bonuses or promotions you might be able to claim. Moreover, you can only claim the free bonus once – the bonus is linked to your IP address, and you have 30 days to use it.
RoboForex
If you are new to Forex trading, you may want to sign up with RoboForex, which offers free bonus no deposit brokers of up to $30. However, before you can begin trading with this money, you need to verify your e-mail address and payment method. Also, you need to study the market thoroughly. You should know your expectations before you begin trading and be prepared to cope with any fluctuations in the market.
The no deposit bonus is one of the lowest cost ways to trade. When compared to trading with your own funds, a no deposit bonus is the best way to get started. RoboForex offers a $30 no deposit bonus for new customers who open a verified account and deposit at least 10 USD to begin trading. This is the perfect way to get started with forex trading, even if it is your first time. However, you should note that trading with this free bonus is not without its risks.
While most free forex brokers offer some sort of no deposit bonus, RoboForex is the only one that gives a real free bonus. It also comes with a great customer service team that answers your questions promptly. Furthermore, unlike most no deposit bonuses offered by other brokers, RoboForex does not limit your profits to a certain amount. In addition, this free money is available for trading on over 36 forex currency pairs. Moreover, the funds can be used on any of the platforms that RoboForex offers, including the MT4 and the MT5 platforms.
IC Markets
If you are new to the forex market, IC Markets is offering a free $100 Forex No Deposit Bonus to new clients. Uniglobe Markets is an online broker that was established in 2010 by a group of financial professionals and traders. Their goal is to make trading in the forex market easy and transparent for everyone. Their cutting-edge trading solutions include superior execution, lower spreads and unmatched liquidity.
This free bonus is redeemable only once per client. The free money is available for new traders who register with the broker and follow the terms and conditions. The conditions include registration, verification of your profile, and meeting minimum trading requirements. After the bonus period is over, you can withdraw your profits after completing a minimum of 15 standard lots.
To redeem the free money, you must register with IC Markets and complete the registration process. Once your account is verified, you will receive a 100 USD free bonus to trade. This bonus is valid for one calendar month. You must trade at least 15 Standard Lots in a month to qualify. However, you must note that IC Markets reserves the right to change or terminate this promotion at any time.
FxPro Forex Broker
You can open a trading account with FxPro using a mere 25 USD. While some other brokerages require a large deposit, FxPro allows you to start trading with a tiny amount. The company is based in St. Vincent and the Grenadines. They also offer a referral bonus and trading bonuses. However, it is not clear if these bonuses come with additional conditions. Most trading bonus offers come with minimum trade volume requirements.
The best way to avoid scams is to stay away from unregulated offshore brokers. The majority of these firms are not regulated in your country and are often involved in fraudulent activities. While this type of trading environment can seem appealing, it’s important to be aware of the risks associated with it.
What’s More?
Before you start trading with a no deposit bonus, you should read the terms and conditions of the bonus. Look for the amount of trade volume required to activate the bonus amount, the deadline for completing the bonus, and the number of trade lots that are allowed to be traded with the bonus. If the deadline is too tight, it’s best to avoid this broker.