Best No Deposit Bonus Forex Brokers
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The brokers below represent the best No Deposit Bonus Forex Brokers.
Visit Broker > CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 72% of retail investor accounts lose money when trading CFDs with Tickmill UK Ltd. You should consider whether you understand how CFDs, or any other of our products work, and whether you can afford to take the high risk of losing your money. | FCA UK, CySEC , FSCA South Africa, DFSA, FSA Seychelles, LFSA | $100 | 1:30 (FCA UK), 1:30 (CySEC ), 1:500 (FSCA South Africa), 1:30 (DFSA), 1:500 (FSA Seychelles), 1:500 (LFSA) | MT4, MT5 | 2014 | No dealing desk | ||||||||
Visit Broker > This website is for general information purposes only and is operated by BDSwiss AG. BDSwiss AG is the BDSwiss Group’s Holding Company domiciled in Grienbachstrasse 11, 6300, Zug, Switzerland. BDSwiss AG does NOT offer any financial products or services. | FSCA South Africa, FSC Mauritius, FSA Seychelles | $10 | 1:500 (FSCA South Africa), 1:500 (FSC Mauritius), 1:500 (FSA Seychelles) | MT4, MT5, Proprietary, WebTrader | 2012 | Market Maker, STP |
Pro Tip: Most of these brokers offer free demo accounts so you can test the brokers and their platforms with virtual money. Give it a try with some play money before using your own cash.
Here’s a list of The Best No Deposit Bonus Forex Brokers
Note: Not all Forex brokers accept US clients. For your convenience we specified those that accept US Forex traders as clients.
Tickmill
Regulated By:FCA UK, CySEC , FSCA South Africa, DFSA, FSA Seychelles, LFSA
Headquarters:United Kingdom
Foundation Year:2014
Min Deposit:$100
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 72% of retail investor accounts lose money when trading CFDs with Tickmill UK Ltd. You should consider whether you understand how CFDs, or any other of our products work, and whether you can afford to take the high risk of losing your money.
Official Site:https://tickmill.group/
Demo Account:Open Demo Account
Max Leverage:1:30 (FCA UK), 1:30 (CySEC ), 1:500 (FSCA South Africa), 1:30 (DFSA), 1:500 (FSA Seychelles), 1:500 (LFSA)
Publicly Traded:No
Deposit Options:Wire Transfer, Credit Card, PayPal, Cryptocurrencies, Skrill, Neteller, Webmoney, Trustly, Visa, Mastercard,
Withdrawal Options:Wire Transfer, Credit Card, PayPal, Skrill, Neteller, Visa, Mastercard, , Trustly, Webmoney
Products:Currencies, Commodities, Indices, Stocks, Bonds, Futures, Options, Crypto
Trading Platforms:MT4, MT5
Trading Desk Type:No dealing desk
OS Compatability:Desktop platform (Windows), Desktop platform (Mac), Web platform
Mobile Trading Options:Android, iOS
The UK-based forex and CFD broker Tickmill was founded in 2014 and is regulated by multiple financial institutions, including the FCA, CySEC, the Seychelles FSA, Labuan FSA, FSCA, and DFSA UAE.
The broker provides more than 550+ CFD instruments to trade on covering Forex, stock indices, commodities, cryptocurrencies, and bonds through three core trading accounts: the Pro Account, Classic Account, and VIP Account. They also offer a demo trading account and Islamic swap-free account.
Tickmill UK Ltd also offers futures on stock indices, Forex, metals, energies and more, across 7 global exchanges as well as options on Micro E-mini S&P 500 and Micro E-mini Nasdaq 100.
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BDSwiss
Regulated By:FSCA South Africa, FSC Mauritius, FSA Seychelles
Headquarters:
Foundation Year:2012
Min Deposit:$10
This website is for general information purposes only and is operated by BDSwiss AG. BDSwiss AG is the BDSwiss Group’s Holding Company domiciled in Grienbachstrasse 11, 6300, Zug, Switzerland. BDSwiss AG does NOT offer any financial products or services.
Official Site:support@bdswiss.com
Demo Account:Open Demo Account
Max Leverage:1:500 (FSCA South Africa), 1:500 (FSC Mauritius), 1:500 (FSA Seychelles)
Publicly Traded:No
Deposit Options:Wire Transfer, Credit Card, Skrill, Neteller, Giropay, Visa, Sofort, Mastercard, iDeal, Online Pay, Maestro
Withdrawal Options:Wire Transfer, Credit Card, PayPal, Skrill, Neteller, Visa, Mastercard
Products:Currencies, Commodities, Indices, ETFs, Stocks, Crypto
Trading Platforms:MT4, MT5, Proprietary, WebTrader
Trading Desk Type:Market Maker, STP
OS Compatability:Desktop platform (Windows), Desktop platform (Mac), Web platform
Mobile Trading Options:Android
BDSwiss was founded in 2012 and offers trading accounts regulated under the Mauritius Financial Services Commission and the Cyprus Securities and Exchange Commission.
Users can trade on more than 250+ financial CFD instruments covering Forex, Commodities, Cryptocurrencies, Indices and Equities, on 3 account types called Classic, VIP and Raw on the MetaTrader 4 and MetaTrader 5 trading platforms and the broker’s own BDSwiss Web Trader and BDSwiss Mobile App.
The broker also offers educational events via live analysis and educational webinars and seminars, as well as a beginner to advanced courses in its Trading Academy. Users can also access AutoChartist and live trading alerts via Telegram, depending on account type. Customer service is offered 24/5.
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What is a No Deposit Forex Bonus?
A no deposit forex bonus is a cash award that is deposited by the broker into the forex trader’s account, without requiring an initial deposit into the trading account by the trader.
Just like the deposit bonuses in Forex (which require you to deposit first), the no-deposit bonus is used strictly for trading purposes and can only be withdrawn from the account on fulfillment of the broker’s trade volume requirements.
Typically, the no-deposit forex bonuses are not as large as the deposit bonuses. They range from between $10 and $200, depending on the broker. They are actually meant to introduce new traders into the world of real money trading and are not meant to be used for profit-oriented trading. Think of it as a form of live, real money practice account where you keep all the gains. If you lose money, you have lost nothing.
What Should I Do to Get My Bonus?
Most of the no-deposit forex bonuses in the market can be obtained as exclusive offers through affiliate partners of the forex brokers that offer them. The forex brokers who award the no-deposit forex bonuses directly are typically in the minority.
What is the Difference Between No Deposit Bonuses and Deposit Bonuses?
No-deposit forex bonuses do not require an initial deposit into the trading account before they are awarded. This factor distinguishes the no-deposit forex bonus from deposit bonus, which like the name implies, requires a deposit from the trader before it is awarded.
No-deposit forex bonuses are smaller in size as they mostly serve for live account practice.
What Other Bonus and Promotion Types Do Brokers Offer?
Other bonuses and promotions may be given out by brokers occasionally.
- The cashback is the commonest bonus which a trader can get. Although this requires that some previous deposit would have been made by the trader, cashbacks are a good way to earn back any money that has been lost in previous trades. These are provided by brokers automatically without requiring further deposits.
- Trade contest awards do not require a previous deposit. You can participate in various trade contests on broker platforms for a share of the prizes. Cash prizes are usually awarded to traders as a no-deposit bonus. All you need is to ensure your account KYC documents are in place and you can claim your award if you win.
- Some brokers provide traders with tools they need to trade with on fulfillment of certain conditions such as attaining certain trade volumes within a specified time frame.
Conclusion
Are you looking for the best no deposit bonus forex brokers for 2017? Here we show a list of these brokers which we have compiled after careful evaluation of various candidates. Ensure you use the no-deposit forex bonus wisely and use it to enhance your live account trading experience.
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