The increasing demand for forex trading entailed the saturation of forex brokers trying to maximize the trend. To encourage user registration and grow user base, brokers offer promo campaigns like no-deposit bonuses to attract new traders and retain loyal clients.
Brokers with no-deposit bonus forex are in high demand. While they offer traders real money for trading, traders cannot withdraw this money. Traders need to pass certain qualifications to receive this bonus.
There are also brokers with welcome bonuses that they award only when you’ve made a deposit. But this doesn’t necessarily mean the first deposit.
With all these in mind, it’s important to scrutinize brokers who offer no-deposit bonus forex accounts to ensure your trading efforts are worthwhile.
In this TRU insight, we will introduce the top five forex brokers with no deposit bonus. We will also delve into what a no-deposit bonus means and how you can benefit from it.
Overview
- Brokers often reward forex bonuses like the welcome bonus and no-deposit bonus after meeting specific requirements based on their terms and conditions.
- No-deposit bonuses are often given as promotional offers, and they serve as free trading credits that new traders can use when first starting to trade.
- Our choices for the top brokers with no-deposit bonus forex are Tickmill, JustMarkets, InstaForex, AvaTrade, and Windsor Brokers.
What is a Forex No-Deposit Bonus?
A no-deposit bonus is an incentive that forex brokers offer to users in the form of promotional offers. This bonus gives new traders a specific amount of free trading credit.
Forex brokers with no deposit bonus automatically credit this bonus to the trader’s account upon registration, and they don’t require deposits to do so.
It allows traders to begin trading in the foreign exchange (forex) market without incurring any financial risks or investing personal funds upfront.
Through the no-deposit bonus forex promo, novice traders can have a great opportunity to trade without making initial investments. They can test the broker’s services while potentially earning a profit—all without any financial commitment.
However, it is necessary to carefully read a broker’s terms and conditions regarding this forex bonus, as they can include requirements that you need to meet before withdrawing profits.
5 Best No-Deposit Bonus Forex Brokers
If you are wondering which broker gives free bonus, here are our top picks for the best brokers with no-deposit bonuses in 2025:
Tickmill
Tickmill’s $30 Welcome Account provides new clients with a no-deposit bonus with a risk-free introduction to live trading.
Using this account, traders will get $30 in complimentary credit, which traders can use to trade in the live market using the Tickmill’s Raw account.
It allows beginners and prospective clients to actively experience the platform’s reliability, speed, and trading tools without requiring a financial commitment.
Their offer doesn’t only provide practical learning opportunities but also encourages traders to become confident live traders at Tickmill.
JustMarkets
JustMarket’s Welcome No Deposit Bonus is a promotional offer aimed at helping new clients start trading without using personal funds.
This incentive offers eligible users the opportunity to experience actual trading conditions and earn withdrawable profits without requiring a deposit.
This no-deposit bonus is ideal for beginners who want to explore the platform without any risks. They can withdraw profits, provided they meet the conditions to obtain the incentive.
InstaForex
Among the forex brokers with no-deposit bonus is the award-winning broker, InstaForex.
InstaForex offers new clients a generous no-deposit bonus of $1000. This incentive allows users to trade live markets without any risks. The process also does not require an initial deposit, so it is an excellent way to experience forex trading in real-market conditions.
Upon signing up with your email and accepting the terms, the no-deposit bonus is automatically credited to your account.
Among the factors that make InstaForex one of the most successful brokers with welcome bonuses are its:
- MetaTrader 4 access
- 1:1000 leverage
- Over 400 instruments
- Support for seven asset classes
These features enable InstaForex to deliver fast, professional trading experiences for beginners and aspiring traders alike.
AvaTrade
If you wonder which broker gives free bonuses with a low entry point, AvaTrade could be an ideal choice.
This broker’s bonuses scale with your deposit, meaning the larger the amount you fund, the greater the reward you’ll proportionally reap.
They offer bonuses when using their app, AvaTradeGO. Since their bonus conditions are backed by global regulations like South Africa’s Financial Sector Conduct Authority (FSCA), you can ensure that AvaTrade has clearly stated terms without any hidden clauses.
Their bonuses require only a $100 deposit. Once a trader’s account is verified, they can start trading and benefit from active bonus promotions. Their account setup is easy, and users will have responsive support throughout the onboarding process.
If you want a mobile-friendly forex broker with a transparent bonus structure where you can scale your earnings with your deposit size, consider AvaTrade.
Windsor Brokers
This no-deposit bonus forex broker offers a $30 Free Account promotion exclusive only to new clients who open a Prime Account with any of these supported base currencies: USD, GBP, EUR, or JPY.
Their account opening process is simple and requires no deposit. Once the client is approved, they will receive $30 in free trading credits, which they can use to start exploring live markets.
With this process, new users can begin trading in real market situations without risking their capital. It is an excellent way for novice traders to test the platform and services of forex brokers with no-deposit bonuses without needing to make any financial commitment.
Types of Forex Bonuses
In general, a forex bonus is a fixed amount that a broker gives to traders free of charge so they can use it in trading. The types of forex bonuses vary in purpose and structure.
To receive the bonus, brokers typically require traders to register and verify their personal data. Brokers provide traders with a no-deposit bonus forex if depositing their funds is not required. If it is necessary, however, brokers give traders a deposit bonus.
Below are the different types of deposit bonuses:
No-Deposit Bonus Forex
A lot of new traders confuse a no-deposit bonus with a welcome bonus. Since this type of bonus is known to be non-financially committed, traders are not required to make an initial deposit to access the bonus funds.
It allows users to trade in live market conditions without using real funds. Among the few requirements are registering and verifying their personal data.
This type of incentive is profitable, but it also comes with its own disadvantages.
For example, withdrawals are usually only possible after users meet specific trading requirements. This type of forex bonus is also not ideal for traders who trade infrequently and with small amounts.
Forex Welcome Bonus
This incentive is only given to users who have registered and traded on the platform for the first time. Traders are required to register and verify personal information and fulfill the minimum deposit to activate the bonus.
Forex welcome bonuses could be fixed (e.g., $30) or come as a percentage of the deposited amount (e.g., 60%). Most brokers will not allow traders to withdraw this incentive. Oftentimes, withdrawals are subject to complicated requirements.
Forex Bonus on Deposit
As the third most popular type of bonus, the deposit bonus is awarded to traders who deposit funds into their accounts.
Some brokers offer a fixed bonus, but traders will have more profit when the bonus is a percentage of the deposit. For instance, if a trader deposits $100 in the account with a 100% bonus, then it effectively doubles the funds used for trading.
If the bonus is fixed, however, it will be insignificant for a professional trader. Additional funds (especially if the amount is large) will reduce the trader’s concentration and ultimately encourage trading at a higher risk.
Although deposit bonuses can increase a user’s trading capital, they may not be able to withdraw the amount unless they meet set conditions.
Trading Volume Bonus
Some forex brokers offer rewards based on a user’s trading activity. They usually give this type of forex bonus to high-volume traders.
If you trade over $100 million in a month, the rebate you will receive is $10 per million traded.
Cashback or Rebate Bonus
This incentive involves returning part of the trading costs (i.e., spreads or commissions) to the trader’s account.
This program is automatically credited. Traders can either withdraw the amount or use it for further trading.
Referral Bonus
Some brokers offer bonuses to users who introduce new clients. This reward usually comes in the form of a fixed amount or a percentage of the referral’s trading activity.
Like other forex bonuses, however, this incentive is typically given to traders only after they meet certain trading milestones.
Loyalty or Reload Bonus
Brokers give this forex bonus to returning clients. A broker awards this incentive to traders who make subsequent deposits or reach trading milestones.
Other brokers implement point-based loyalty schemes to offer cash or non-cash rewards.
Choose the Best No-Deposit Bonus Forex Broker
CommuniTrade provides a secure and user-friendly platform for users to discuss which broker gives free bonuses without incurring any risks. Learn with millions of traders and diversify your portfolio with the best forex trading strategies suggested by our community experts at CommuniTrade.
FAQs
Is there a no deposit forex bonus that is withdrawable?
Yes, it is possible to find no-deposit bonus forex where you can withdraw the profits you earn using the bonus.
However, brokers often have specific terms and conditions that you need to meet before you can withdraw any profit. These qualifications include making an initial deposit or a set trading volume requirement.
Why do forex brokers offer no-deposit bonuses?
Forex brokers with no-deposit bonus promotional offers know that new traders are more likely to be reluctant to invest their funds when first starting to trade.
As a solution, they offer no-deposit bonuses, allowing beginners to try trading on their platform without risking their own money.
Several novice traders will back out at this stage, while some will stay. Over time, these traders may invest their own funds and become integrated into the platform as long-term customers.
What are some tips for choosing the best forex broker with a no-deposit bonus?
To know whether to accept a forex trading bonus, consider the terms and conditions of the bonus, particularly regarding the withdrawal of your profits. That’s because brokers often withhold invested funds unless traders meet these conditions.
Another factor to consider is regulation. Ensure that the broker is trustworthy and regulated by top-tier global authorities, such as the Australian Securities and Investments Commission (ASIC) and the Cyprus Securities and Exchange Commission (CySEC).
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