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7 Best No Deposit Bonus Forex Brokers for 2026

By
Jitan Solanki
Reviewed By
Ola Alder
Updated: Apr 28, 2026
Advertising DisclosureWe prioritize rigorous, unbiased testing through our independent review process. While our ratings are objective, we receive compensation that may influence list placement. Learn how we make money

A no-deposit bonus can be a great way to test live trading conditions. Unfortunately, they are also heavily misunderstood. While many bonuses may look generous on paper, you find other onerous requirements regarding regulation, execution, transparency, and withdrawals.

After reviewing over 330 brokers in the last decade, we have seen many attractive bonuses. But not all of them were really worth the value. For this article, we’ve selected the brokers that offer a real deal, saving your capital. With each broker, we opened a live trading account, examined their no-deposit and other bonuses, and tested their trading platforms and live spreads to see how they perform in real trading conditions. See below our list of the best no-deposit brokers.

List of Top Forex Brokers with Bonuses

Best brokers for US traders

Up to $10,000 cash bonus with unlimited cash rewards. Up to 15% cashback on the spread. Over 80+ forex pairs available. Customizable tastyfx platform with Reuters news feed. MT4, TradingView, and ProRealTime platforms.

Deposit bonus up to $200. Access zero platform and market data fees. Intuitive Plus500 trading app. Wide range of futures markets and contracts. Comprehensive Futures Trading Academy.

Welcome bonus up to $25,000. Access to the Elite Trader Program for cash rebates. Over 60+ forex pairs. Feature-rich OANDA web and mobile platforms with TradingView charts. MT4 and TradingView platforms.

Best brokers for international traders

$30 no-deposit Welcome Account bonus and other promotions. Trading signals from Acuity and Signal Center. Tickmill Social Trading. MT4/MT5, TradingView, Tickmill Trader.

Leverage up to 1:3000. Access over 1,460+ tradable instruments. MT4 and MT5 platforms, FXTM app. VPS hosting. Pro Trading Tools plugin with AI-powered signals from Acuity.

MT4 with an additional indicator package including Trading Central MT4 plugin. Free VPS hosting service and access to the TradeCopier and PMAM tools. Over 310+ tradable instruments with a 100% Sharing Bonus.

20% deposit bonus. Comprehensive AvaTrade Academy. Platform video tutorials for MT4, MT5, Ava Web Trader, AvaSocial and AvaOptions apps. Commission-free trading. Low spreads on EURUSD and crude oil.

*AvaTrade doesn’t allow CFD trading in Spain; only Futures are available.

How Did FXEmpire Select the Best Forex Brokers with a No-Deposit Bonus?

  • We checked the availability of no-deposit and other forex bonuses with each broker.
  • We verified that each broker is supervised by global regulators and provides decent protection to traders.
  • We opened live trading accounts and tested the brokers’ live spreads and commissions, comparing them to the industry average.
  • We tested the broker’s trading platforms to see how they perform in real-world conditions and measure the execution speed.
  • We reviewed the number of tradable instruments available to ensure a diverse range of asset classes.
  • We contacted live customer support to evaluate how easy it is to access it and how helpful the agents are.
  • We analyzed the different account types on offer to ensure there are suitable options for both beginner and advanced traders.

Using FXEmpire’s comprehensive methodology, our team of experts has identified the best forex brokers offering no deposit and other trading bonuses for this year.

Now let’s explore the selected brokers.

Best Overall

Trading Contracts for Difference (CFDs) on margin carries a high level of risk and may not be suitable for all investors. Before deciding to trade Contracts for Difference (CFDs), you should carefully consider your trading objectives, level of experience and risk appetite. It is possible for you to sustain losses that exceed your invested capital and therefore you should not deposit money that you cannot afford to lose. Please ensure you fully understand the risks and take appropriate care to manage your risk.
  • Min Deposit
    $100
  • Tradable Instruments
    649
  • Fees
    Medium

Why We Picked It

Founded in 2014, Tickmill stands as our top overall broker as it’s regulated by several global authorities, including the European CySEC. Tickmill offers over 650+ CFD instruments from powerful trading platforms with excellent supplementary tools, including Autochartist and Signal Center.

Bonus Features:

  • Entities that Provide Bonuses: Tickmill Limited (FSA Seychelles)
  • Max. Leverage: 1:1000
  • No Deposit Bonus Amount: $30
  • Bonus Withdrawal: No (profits withdrawable under conditions)
  • Tradable Instruments: 650+ forex, indices, commodities, stocks, cryptos, futures, options
  • Trading Platforms: MetaTrader 4, MetaTrader 5, TradingView, Tickmill Trader
  • Other Bonuses: TradingView free subscription, Trader of the Month ($1,000 cash), NFP Machine ($500 cash), Ultimate Trading Challenge ($12,000)

Tickmill offers a $30 no-deposit bonus through its Welcome Account. To use the bonus, you just need to open this account and trade over a 60-day period – no initial deposit is necessary. I discovered that the bonus itself cannot be withdrawn, but any profits between $30 and $100 can be transferred to a Tickmill Wallet. The broker also offers trading contests and cashback rebates.

My research showed that Tickmill provides a well-rounded trading environment for both new and experienced traders. I appreciated its strong lineup of trading platforms, selection of account types with a $100 minimum deposit each, integrated content from Acuity and Signal Center for trading ideas, and the Advanced Trading Tool Kit for MT4 and MT5.

Pros and Cons

Pros
  • Multiple bonuses and promotions
  • Wide range of platforms
  • Trading signals from Signal Center
  • CFDs, futures and options
Cons
  • No-deposit bonus is not withdrawable

Best for High Leverage

4.0
Online Forex/CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 81% of retail investor accounts lose money when trading Online Forex/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. It is the responsibility of the Client to ascertain whether he/she is permitted to use the services of Exinity Capital East Africa Ltd based on the legal requirements in his/her country of residence.
  • Min Deposit
    $30
  • Tradable Instruments
    602
  • Fees
    High

Why We Picked It

FXTM was founded in 2011 and operates globally under the supervision of several regulators. It offers over 1,460 CFDs, futures contracts, and real stocks that can be accessed on MetaTrader 4, MetaTrader 5, and FTXM’s own mobile app. The broker stands out with its high retail leverage of up to 1:3000 and AI-powered signals from Acuity.

Bonus Features:

  • Entities that Provide Bonuses: All entities
  • Max. Leverage: Up to 1:3000
  • Bonus Withdrawal: No
    Tradable Instruments: 1,460+ forex, commodities, indices, stocks, cryptocurrencies
  • Trading Platforms: MetaTrader 4, MetaTrader 5, FXTM Mobile App
  • Other Bonuses: FXTM Rewards, Refer a Friend

While FXTM does not offer a direct no-deposit bonus, it does provide access to the FXTM Rewards program, which allows you to earn points and climb tiers. Then, you can redeem these tiers for trading funds or, in some cases, withdraw as cash. You can earn tier points through each lot traded on your account, as well as by referring a friend.

During our live test, I found FXTM’s leverage to be one of its standout features. You can trade with up to 1:3000 leverage (the leverage varies by region) on certain instruments, which will allow you to control a larger position size with smaller capital. But be careful: profits and losses are calculated on the total value of the position, so leverage amplifies both winning and losing trades.

With access to MT4 and MT5 for desktop, web, and mobile, alongside the FXTM proprietary mobile app, VPS hosting for automated trading, and multiple different types of trading accounts, FXTM is a solid choice for high-leverage traders.

Pros and Cons

Pros
  • Retail leverage up to 1:3000
  • Pro Trading Tools plugin for MT4 and MT5
  • Raw-spread accounts
  • Swap-free trading for new accounts
Cons
  • High spreads on the Advantage Plus account

Best MT4

Our products are traded on margin and carry a high level of risk and it is possible to lose all your capital. These products may not be suitable for everyone and you should ensure that you understand the risks involved.
  • Min Deposit
    $50
  • Tradable Instruments
    311
  • Fees
    Medium

Why We Picked It

IronFX was founded in 2010 and offers over 310 CFD instruments. MT4- enthusiasts will appreciate IronFX for its extensive MT4 enhancements, including plugins, copy trading tools, and access to advanced indicators.

Bonus Features:

  • Entities that Provide Bonuses: Notesco UK Limited (FCA), Notesco Financial Services Ltd (CySEC), Notesco SA (Pty) Limited (FSCA), Notesco (BVI) Limited (FSC)
  • Max. Leverage: Up to 1:2000
  • No Deposit Bonus: 100% Sharing Bonus
  • Bonus Withdrawal: No
  • Tradable Instruments: 310+ forex, indices, commodities, stocks, cryptos, futures
  • Trading Platforms: MetaTrader 4
  • Other Bonuses: Global Trading Race $500,000 prize pool

The IronFX MT4 platform is available across desktop, web, and mobile, offering full support of automated trading via Expert Advisors and access to the MetaTrader Marketplace for ready-to-buy automated strategies and indicators. I found that IronFX gives access to additional MT4 with plugins from Trading Central, including extra indicators, trading signals, and portfolio management tools.

For those looking for copy trading solutions, IronFX provides the TradeCopier service, which gives access to a leaderboard with hundreds of strategies of successful traders. You can view the performance of each signal provider and have their trades copied onto your own MT4 account automatically.

Pros and Cons

Pros
  • Advanced MT4 plugins and tools
  • TradeCopier for copy trading
  • Trading Central integration
  • MT4 PMAM account
Cons
  • EU entity does not accept retail traders

Best for Beginners

Trading CFDs and FX Options entail risk and could result in the loss of your capital.
  • Min Deposit
    $100
  • Tradable Instruments
    1472
  • Fees
    Medium

Why We Picked It

AvaTrade was founded in 2006 and is a top broker for beginner traders thanks to its strong educational offering, user-friendly platforms, and built-in risk management tools.

Bonus Features:

  • Entities that Provide Bonuses: Ava Trade Markets Ltd (FSC BVI), Ava Capital Markets Pty (FSCA)
  • Max. Leverage: 1:400
  • Deposit Bonus: 20% on initial deposit
  • Bonus Withdrawal: Yes, subject to minimum trading volume
  • Tradable Instruments: 1,250+ forex, indices, commodities, stocks, cryptocurrencies
  • Trading Platforms: MetaTrader 4, MetaTrader 5, Ava Web Trader, AvaTradeGO, AvaOptions
  • Other Bonuses: Refer a friend

AvaTrade offers a 20% deposit bonus for new clients on deposits of at least $200. Once the minimum trading volume has been met, the bonus can be withdrawn. The broker also provides access to a referral program, which allows you to earn cash rewards based on the deposits made by the users you refer.

AvaTrade boasts a great AvaTrade Academy, which features numerous articles, video courses, and platform tutorials covering topics such as day trading, swing trading, and copy trading. It also conducts regular webinars and publishes the recorded videos on its YouTube channel. Research is another strong side of AvaTrade: traders can benefit from in-depth market breakdowns and featured ideas from Trading Central.

Combined with easy-to-use mobile trading apps, copy trading tools, and commission-free trading, we consider AvaTrade to be a top choice for beginner traders.

Pros and Cons

Pros
  • Extensive AvaTrade Academy
  • Copy trading via DupliTrade platform and AvaSocial app
  • Risk-management AvaProtect tool
  • No commissions, favorable spreads
Cons
  • Inactivity fee

Best Overall in the US

Forex trading involves risk. Losses can exceed deposits.
  • Min Deposit
    $1
  • Tradable Instruments
    82
  • Fees
    Low

Why We Picked It

tastyfx is part of the IG Group, a global broker founded in 1974. We consider it a top broker for US traders due to the combination of generous bonuses and cash-reward structures, strong reppuation, competitive trading costs, and a robust lineup of trading platforms.

Bonus Features:

  • Entities that Provide Bonuses: tastyfx, LLC (NFA, CFTC)
  • Margin Requirement: From $2,250 per contract
  • Bonus Amount: $20 to $200, depending on deposit
  • Bonus Withdrawal: No
  • Tradable Instruments: Futures on forex, metals, energy, agriculture, interest rates, equity indices, crypto
  • Trading Platforms: Plus500 Futures Web Trader and Futures Trading App

During my research, I found tastyfx offers a welcome bonus of up to $10,000 for new clients. To qualify for the bonus, traders must deposit at least $100 within the first 10 days and then trade qualifying forex pairs within the first 30 days. The bonus will then be credited to your account at a rate of $10 per lot traded.

On top of the welcome bonus, the broker offers a Volume-Based Rebate program. If you meet the minimum monthly trading volume of $1 million notional value (or 10 lots of select USD pairs), you will automatically earn monthly trading rebates, which can help to reduce the overall cost of trading with the broker.

I also found tastyfx offers low spreads on major forex pairs. My test showed an average spread of 0.8 pips on EUR/USD, beating the industry average of 1.08 pips. With an excellent range of trading platforms, tastyfx is a top choice for US traders.

Pros and Cons

Pros
  • Tight spreads on major forex pairs
  • Wide range of platforms
  • Fast execution
  • Excellent research content
Cons
  • Markets limited to spot forex

Best Trading App in the US

Trading with leverage comes with a high risk and may not be suitable for everyone.
  • Min Deposit
    $100
  • Tradable Instruments
    64
  • Fees
    Low

Why We Picked It

Plus500 US is part of the Plus500 Group, which was founded in 2008 and listed on the London Stock Exchange. The broker has a core focus on futures trading and has one of the best futures trading apps, offering zero platform fees and a strong range of tradable futures contracts.

Bonus Features:

  • Entities that Provide Bonuses:  Plus500 US Inc (CFTC, NFA)
  • Margin Requirement: $2,250 per contract
  • Bonus Amount: $20 to $200, depending on deposit
  • Bonus Withdrawal: No
  • Tradable Instruments: Futures on forex, metals, energy, agriculture, interest rates, equity indices, crypto
  • Trading Platforms: Plus500 Futures WebTrader and Futures Trading App

During our live test, I found that the Plus500 US deposit-based bonus scales the amount you fund your account with. For example, if you deposit $100, you receive a $20 bonus, while a $10,000 deposit gives you the maximum bonus of $200. While you cannot withdraw the bonus, it can still be useful to open more trades without using all of your own capital.

The Plus500 Futures Trading App has a clear design and gives access to a wide range of futures contracts, including mini, micro, and standard futures contracts. While using the app, I found it user-friendly, so I navigated through it pretty fast. I also enjoyed that the broker charges no platform or market data fees, which makes Plus500 US a top choice for US traders.

Pros and Cons

Pros
  • User-friendly trading app
  • Zero platform fees
  • Wide range of futures markets
  • Futures Trading Academy
Cons
  • High margin requirements for some standard contracts

Best Trading Platforms in the US

OANDA corporation is a member of NFA and is subject to NFA's regulatory oversight and examinations. However, you should be aware that NFA does not have regulatory oversight authority over underlying or spot virtual currency products or transactions or virtual currency exchanges, custodians, or markets.
  • Min Deposit
    $0
  • Tradable Instruments
    69
  • Fees
    Medium

Why We Picked It

Founded in 1996, OANDA is a multi-regulated broker that operates globally.  To its US clients, OANDA gives access to 68 forex pairs and several cryptocurrencies through its own robust web platform, as well as MetaTrader 4 and TradingView.

Bonus Features:

  • Entities that Provide Bonuses:  OANDA Corporation (CFTC, NFA)
  • Max. Leverage: 1:50
  • Bonus Amount: Up to $25,000
  • Bonus Withdrawal: No
  • Tradable Instruments: Forex, cryptocurrencies
  • Trading Platforms: MetaTrader 4, OANDA Web, OANDA PAXOS, TradingView

OANDA US offers a tiered welcome bonus of up to $25,000 based on deposit size and trading volume, as detailed below:

  • Tier 1 requires a deposit of $1,000 to $9,999.99 and at least $1,000,000 in trade volume to earn a $250 welcome bonus.
  • Tier 2 requires a deposit of $10,000 to $49,999.99 and at least $10,000,000 in trade volume to receive a $2,500 bonus.
  • Tier 3 requires a deposit of $50,000 or more and at least $100,000,000 trading volume to receive a $25,000 welcome bonus.

As you may see, the tiered welcome bonus caters well to the most active traders who can meet higher trading volume and initial deposit requirements.

During our live test, I found the OANDA web platform particularly impressive as it offers tools not available in other platforms. For example, I found the order book data and position ratios indicator useful in understanding which price levels will have the most liquidity.

Combined with support for automated trading and integrated market research, OANDA US provides a comprehensive trading environment suitable for a wide range of trading styles and experience levels.

Pros and Cons

Pros
  • Powerful yet user-friendly OANDA web platform
  • Commission-free trading
  • Insightful market research
  • News from Dow Jones integrated into OANDA platform
Cons
  • Spreads higher than the industry average

How to Choose a Forex Broker with No-Deposit Bonus?

A no-deposit bonus can look like a great deal, especially if you want to try live trading without putting your own money on the line straight away. That said, these offers are very rarely as simple as they seem. In many cases, the bonus comes with many other conditions that may make it much harder to benefit from the no-deposit bonus.

When choosing a forex broker that offers a no-deposit bonus, you need to understand what the bonus actually gives you, what restrictions may come with it, and whether the broker itself is worth using in the first place. Below, I have underlined a few points to consider.

What Is a No-Deposit Bonus?

A no-deposit bonus is a promotion offered by a broker that gives you a small amount of trading credit without asking you to fund the account first. In other words, you can get access to the broker’s live market conditions using their money rather than your own.

That might sound like free money, but it usually is not. In most cases, the offer is just a marketing tool to attract new clients and to encourage traders to try their platform. You may be able to place real trades with the bonus, but withdrawing any profits is often where the restrictions begin.

Is Bonus Tradable, Withdrawable, or Both?

Some bonuses are tradable only. That means the funds can be used to open positions and help support your margin requirement for a trade, but the bonus itself cannot be withdrawn.

Others allow you to withdraw profits made from the bonus, although that usually happens only after you meet specific requirements, like a certain number of lots traded.

A tradable bonus can still be useful because it gives you a bit more room to trade. Of course, a withdrawable profit offer sounds better, but it often comes with extra conditions. Be sure to carefully check the broker’s terms and conditions regarding the requirements to use the bonus.

See our guides on the best zero spread brokers and best lowest spread forex brokers.

What Are the First-Deposit Conditions?

Some no-deposit bonuses are not fully deposit-free in practice. A broker might let you open an account and start trading without making a deposit, but later it may ask you to fund the account to let you withdraw any sum.

That is where many traders can get caught out. You might trade well, build up some profit, and then discover you cannot withdraw your profits unless you deposit your own money first.

What Is the ‘Cost per Lot’ to Unlock the Bonus?

Most no-deposit bonuses come with a trading volume requirement. Usually, the broker expects you to trade a certain number of lots before the bonus or the profits from using it can be unlocked. In a way, this means you’re actually paying for the bonus anyway, as the broker will only pay it out once they’ve recovered the cost of the promotion.

If the required trading volume is high compared to the size of the bonus, then the deal may not be worth as much as you think. A small bonus with a high lot target can push traders to take too many trades or use more risk than they normally would, which typically does not end well in the long run. Look for a bonus that has a reasonable trading requirement that won’t add any performance pressure to your trading.

Do Regulated Brokers Offer No-Deposit Bonuses?

From my experience, nearly all no-deposit bonuses are offered by brokers regulated offshore that operate with light or no oversight. Financial bodies like the UK Financial Conduct Authority (FCA) and the Australian Securities and Investments Commission (ASIC) have introduced strict rules that completely ban trading bonuses.

It doesn’t automatically mean that the broker offering a no-deposit bonus is unsafe or untrustworthy. Although you should be more vigilant when opening an account with such a broker. Read the broker’s terms and conditions carefully, look at how it protects client funds, and learn what track record it has. Also, make sure that you can easily access customer support in case of any issues.

Read more about best regulated forex brokers in our comprehensive guide.

How Long I Can Use My No-Deposit Bonus?

Most no-deposit bonuses will not stay on your account forever, as many expire after 30 or 60 days. Some bonuses can also be removed sooner if your trading account is considered to be inactive.

Such deadlines can create pressure, forcing a trader to rush into positions just to meet a target before the bonus disappears. It can lead to poor decision-making and unexpected losses.

Read the terms and conditions carefully and always check how long the bonus lasts, how long you have to claim any profits, and whether there are inactivity rules that could cancel the offer without warning.

Why Platform, Costs, and Trading Conditions Matter?

It’s easy to become fascinated by the bonuses and the benefits that provide free credit. Ultimately, the trading environment will determine your overall profitability. Be sure to check the broker’s spreads, commissions, execution speed, available instruments, and quality of trading platforms before you sign up with a broker. A poor trading environment can make it difficult to generate profits regardless of how good the bonus is.

Check out our dedicated guide on best forex trading platforms.

Conclusion

A no-deposit bonus can be a useful way to test a broker in a live environment, but it should never be the main reason you choose a broker.

I recommend filtering out the no-deposit bonus brokers that also offer strong regulation and safety of your funds, reliable order execution, and transparent pricing. Look for a broker that offers an intuitive and feature-rich trading platform to provide you with a solid trading environment.

In the end, the best no-deposit offers are the ones that genuinely add value without pushing you into trading differently just to unlock them. Read our detailed broker reviews to see how our analysts rate each broker.

Meet Our Experts

The forex and CFD analysts and editors at FXEmpire bring together seasoned trading professionals and experienced financial journalists. Many of our experts have been featured in leading publications such as Investopedia and Forbes, and all of them combine strong industry credentials with hands-on trading experience.

Get to Know Our Authors

Dan BlystoneBroker Analyst

Dan Blystone began his career in the trading industry in 1998 on the floor of the Chicago Mercantile Exchange. Later, Dan gained insight into the forex industry during his time as a Series 3 licensed futures and forex broker. He also traded at a couple of different prop trading firms in Chicago. Dan is well-equipped to recommend the best forex brokers due to his extensive experience and understanding of the brokerage industry.

Jitan SolankiBroker Analyst

Jitan Solanki is a professional trader, market analyst, and educator. He day trades major currency and index markets and focuses on swing trading US equities and commodities. A qualified Market Technician, Jitan also works with trader education and brokerage companies on various projects. These include market analysis, live trading events, and broker reviews. As an experienced trader and educator, Jitan brings all his qualities in action when reviewing and recommending brokers.

Plamen StoyanovBroker Analyst

Having been a retail trader since 2013, Plamen has gained an in-depth understanding of the challenges that novice traders face today. His expertise is swing trading and day trading with a heavy emphasis on psychological and fundamental analysis. Plamen’s favourite trading instruments include FX majors and gold. He earned a Bachelor's degree in Economics and International Relations. Plamen's broad experience has equipped him with the expertise to recommend the best forex brokers.

Vladimir ZernovBroker Analyst

In more than 15 years of trading in the financial markets, Vladimir dealt with a wide range of brokers and financial instruments. His career as a day-trader at a proprietary trading firm goes back to 2007. Later, Vladimir turned to longer time frames and became an independent trader and analyst managing his own portfolio. Using his experience, he helps traders find the best broker in his reviews.

Dive deeper with our experts.Continue the conversation with traders and analysts in our community channels.

About the Author

Jitan SolankiBroker Analyst

Jitan Solanki is a professional trader, market analyst, and educator. He day trades major currency and index markets and focuses on swing trading US equities and commodities. A qualified Market Technician, Jitan also works with trader education and brokerage companies on various projects. These include market analysis, live trading events, and broker reviews. As an experienced trader and educator, Jitan brings all his qualities in action when reviewing and recommending brokers.

Why you can trust FXEmpire

At FXEmpire, we strive to provide unbiased, thorough and accurate broker reviews by industry experts to help our users make smarter financial decisions.

Why you can trust FXEmpire

FXEmpire was founded in 2011, making us one of the first forex broker review sites. You can trust FXEmpire because of our thorough and unbiased review process. With over a decade of experience, we have a team of industry experts who conduct rigorous tests to ensure our reviews are accurate and unbiased. Our reviews are designed to bring clarity and confidence to the process of choosing a broker, and are based on objective criteria and measurable data. Our editorial team is composed of trading industry professionals and seasoned financial journalists, who ensure that our reviews are accurate and unbiased. Additionally, our review system is based on 9 core categories and over 250 distinct variables, which ensures that all aspects of a broker are considered before giving a final rating. So, you can trust FXEmpire to provide you with honest and informative reviews that will help you make an informed decision on which broker will best enable you to reach your financial goals.
Advertising DisclosureWe prioritize rigorous, unbiased testing through our independent review process. While our ratings are objective, we receive compensation that may influence list placement. Learn how we make money