Compare 10 forex no deposit bonus offers from XM, HFM, Tickmill and more, and learn the rules for withdrawing your profits.
Risk warning: trading forex and CFDs is risky, and bonuses come with conditions. Read the broker's terms before you trade.
What Are Forex No Deposit Bonus Offers?
Imagine trading real markets without depositing your own money. That is the idea behind forex no deposit bonus offers. This 2027 guide compares 10 popular brokers, shows how to claim a bonus and explains the fine print that decides whether you can withdraw profits.
A forex no deposit bonus is a fixed amount of free trading credit added to a new client's account. Most offers range from $10 to $100, although a few brokers advertise $1,000 or more.
A no deposit bonus lets you test live execution, which a demo account cannot do. The bonus itself usually can't be withdrawn. Profits from it often can, once you meet the broker's conditions.
Key facts
- Typical bonus size: $10 to $100. Some brokers advertise $1,000 or more.
- Usual conditions: full verification, a minimum trading volume in lots, and sometimes a small deposit.
- The bonus stays with the broker. Eligible profits may be withdrawn.
- Offers change often and vary by country, so confirm the current terms on the broker's website.
No deposit bonus vs. deposit bonus
A no deposit bonus is a fixed amount. You get it by registering and verifying, and none of your money is at risk at first. A deposit bonus is usually a percentage of your deposit, so your own money is at risk. Both types normally have volume rules.
10 Best Forex No Deposit Bonus Brokers at a Glance
| # | Broker | Bonus | Min. Deposit* | Max Leverage | Regulation |
|---|---|---|---|---|---|
| 1 | InstaForex | Up to $1,500 | $1 | 1:1000 | FSC, CySEC |
| 2 | RoboForex | $30 | $10 | 1:2000 | IFSC |
| 3 | FXOpen | $50 | From $10 | 1:500 | FCA, CySEC, offshore |
| 4 | Windsor Brokers | $30 | $50 | 1:100 | 6 regulators |
| 5 | XM | $30 | $5 | 1:1000 | CySEC, ASIC, +3 |
| 6 | FreshForex | $50 | $0 | 1:2000 | SVG FSA (offshore) |
| 7 | Tickmill | $30 | $100 | 1:1000 | FCA, CySEC, +3 |
| 8 | JustMarkets | $30 | $10 | 1:3000 | FSA, CySEC, +2 |
| 9 | PU Prime | $50 | From $50 | 1:500 | FSA, FSC, FSCA |
| 10 | HFM | $30–$50 | $0 | 1:400 | FCA, CySEC, +5 |
*Minimum deposit for the broker's regular live account. Bonus offers change frequently and vary by country. Always confirm the current terms on the broker's website.
How a No Deposit Bonus Works
- The broker credits your account: a fixed amount of trading credit appears in a new live account.
- You trade real markets: open positions on forex pairs and, often, gold or indices.
- You meet the conditions: usually a minimum volume in lots, full KYC verification and sometimes a small first deposit.
- You withdraw profits: the bonus stays with the broker, but eligible profits can be cashed out.
Some brokers also cap the profit you can withdraw from a bonus. Check for this in the terms.
The 10 Brokers Reviewed
1. InstaForex: biggest headline bonus
InstaForex advertises welcome credit of up to $1,500. It is credited once, to a new live account, and only if you have never held an active InstaForex account or received a bonus. Profits become withdrawable only after you meet the trading-volume and deposit requirements. It offers MT4, MT5 and a proprietary platform, with 250+ CFDs. Bonus figures vary between sources, and leverage up to 1:1000 raises risk.
2. RoboForex: huge platform choice
RoboForex offers a $30 Welcome Bonus (or the euro equivalent) and 12,000+ CFDs. Platforms are MT4, MT5, cTrader and R Trader. It is a member of The Financial Commission, with a compensation fund of up to €20,000. The catch: the bonus needs full verification and a $10 bank-card deposit into a Pro or ProCent account. It is regulated by the IFSC (Belize) and has no top-tier regulator.
3. FXOpen: strong regulation options
FXOpen offers a $50 no deposit bonus. Its group includes an FCA-regulated UK entity and a CySEC-regulated EU entity. The global entity, which typically runs the bonus, is regulated offshore at a lower tier. Profits can be withdrawn once you have traded the required number of lots. Platforms are MT4, MT5, TickTrader and cTrader, with 120+ CFDs.
4. Windsor Brokers: well-regulated, commission-free
Windsor Brokers gives new, verified clients a $30 non-withdrawable credit on a Prime account in USD, EUR, GBP or JPY. Existing live-account holders are not eligible. It is regulated by FSA, CySEC, IFSC, JSC, CMA and FSC. It charges no commissions, with spreads from 1.0 pip. Leverage is capped at 1:100, which suits beginners. It is MT4 only, plus web and mobile.
5. XM: popular with beginners
XM's $30 no deposit bonus is one of the best known. Open a real account and verify your phone number. It is one bonus per client and per IP address, and a minimum trading volume applies. XM is regulated by CySEC, ASIC, FSCA, IFSC and DFSA, with spreads from 0.6 pips and 1,000+ CFDs on MT4 and MT5.
6. FreshForex: no deposit needed
FreshForex offers $50 in trading credit with no deposit required. The claim window is usually about seven days after registration. It is registered offshore (SVG FSA) and offers no investor protection, so treat it as practice, not a place for serious money. Leverage goes up to 1:2000, with MT4, MT5, cTrader and 270+ CFDs.
7. Tickmill: low-cost trading afterwards
Tickmill's $30 Welcome Account credit comes from a broker licensed by the FCA, CySEC, FSA, FSCA and DFSA. Spreads start from 0.0 pips, and TradingView is available. The Welcome Account can't accept deposits. You must meet trading-volume and minimum-deposit criteria before withdrawing profits.
8. JustMarkets: easy sign-up
Register a Personal Area, open one Welcome Standard account and complete verification to receive the $30 bonus. JustMarkets offers spreads from 0.0 pips with no commissions and 500+ CFDs. It is regulated by four authorities, including CySEC. Leverage up to 1:3000 is extremely risky.
9. PU Prime
PU Prime lists a $50 bonus, a minimum deposit from $50, leverage up to 1:500 and regulation by FSA, FSC and FSCA. Check the bonus conditions on the broker's site before you sign up.
10. HFM
HFM lists a $30–$50 bonus, a $0 minimum deposit, leverage up to 1:400 and regulation by the FCA, CySEC and five others. The amount may depend on the offer and your country, so confirm it with the broker.
Traps to Avoid
- Very high leverage (1:2000 or 1:3000) can wipe out a small balance fast.
- Offshore brokers may offer little or no investor protection.
- Some "no deposit" bonuses still require a small deposit before you can withdraw.
- Claim windows can be short, and one bonus per person or IP is common.
Want more choice? Explore 20 forex no deposit bonus offers, read about the GinzoFX ¥10,000 no deposit bonus, or see the top 5 free welcome bonuses.
FAQ
Can I really withdraw profits from a no deposit bonus?
Often yes, but only after you meet the broker's conditions. These usually include trading volume and verification. The bonus credit itself normally stays with the broker.
Is a no deposit bonus completely free?
You risk none of your own money at first. Some brokers still ask for a small deposit before you can withdraw, as with RoboForex and Tickmill.
Which broker is safest for a no deposit bonus?
Brokers with several regulators, such as Tickmill, XM and Windsor Brokers, generally offer more protection than offshore-only brokers. Always check the regulator of the entity that serves your country.
Can I claim more than one bonus?
Many brokers allow one bonus per client and per IP address. You can claim from different brokers, but each has its own rules.
