The ForexChief no deposit bonus gives new traders $100 to test a live account. Here are the terms, steps and withdrawal rules.
Risk warning: trading forex and CFDs is risky, and bonuses come with conditions. Read the full terms before you claim.
Key facts
- Bonus amount: 100 USD, no deposit needed.
- Who can claim: new traders only.
- Bonus time: limited timing, so the offer can end.
- Account needed: a new live account with identity verification.
- Withdrawal: only gains can be withdrawn, after trading 50 standard lots.
- Maximum withdrawal: $100.
What is the ForexChief no deposit bonus?
Forex Chief offers a 100 USD bonus with a simple verification process. You do not have to fund your account first. That makes it a low-cost way to try a broker's services and test a trading strategy.
Once your identity has been verified, the bonus is credited to your account. The bonus is meant for practice with real market conditions, not for guaranteed profit.
Direct bonus link
Direct Bonus Link:100 USD No Deposit Bonus.
This is a sponsored link. We may earn a commission if you sign up, at no extra cost to you. Check that the page you land on shows the offer you expect before you enter any personal details.
How to claim the no deposit bonus
Follow these steps in order:
- Create a new account.
- Accept the verification.
- Get the bonus by installing the Android App.
Tips for a smooth verification
- Use your real name and details. They must match your ID.
- Keep a clear photo or scan of your documents ready.
- Open a live account. The bonus is not available on a demo account.
Who can get this bonus?
The offer is for new traders. If you already have an account with the broker, you may not qualify. The broker's terms decide this, so check them before you register.
The bonus time is limited. The source gives no end date, so confirm on the offer page whether it is still running.
Bonus withdrawal rules explained
Many traders misunderstand this part. Only gains can be withdrawn. You cannot take out the $100 bonus itself. You can only withdraw profit made by trading with it, and only if you meet these conditions:
| Rule | What it means |
|---|---|
| Trading volume | You must trade 50 standard lots before you can withdraw earnings. |
| Maximum withdrawal | The most you can withdraw is $100. |
| Account type | A live account is required to receive the $100 USD welcome bonus. |
What does 50 standard lots mean?
A lot is a unit of trade size. A standard lot is usually the largest common size, so 50 lots is a lot of trading volume. With a small $100 balance, this can be hard to reach without taking large risks.
Check the broker's terms for how volume is counted. Also check whether there is a time limit and which instruments count.
Is a no deposit bonus worth it?
A no deposit bonus can be useful, but it has limits. Here is a fair view.
Advantages
- You can try a live platform without depositing your own money.
- You can test a strategy and the broker's order execution.
- The verification process is described as simple.
Things to watch
- The volume requirement is high compared with the bonus size.
- The maximum withdrawal is capped at $100.
- The offer is time-limited and for new traders only.
- Leveraged trading can lose money fast, even with a bonus.
Tips before you claim the bonus
- Read the full bonus terms on the broker's website.
- Confirm the broker name on the sign-up page matches the offer you wanted.
- Check that the broker is regulated in your country. Look for this on the broker's official site.
- Use small position sizes and set a stop loss.
- Never trade money you cannot afford to lose.
You can also compare similar offers. See our guides to the $100 Forex no deposit bonus from VARIANSE, the HMVest $100 Forex free no deposit bonus and the top 5 ways to get a free $100 Forex no deposit bonus.
FAQ
How much is the ForexChief no deposit bonus?
The bonus is 100 USD. You do not need to make a deposit to receive it, but you must verify your identity and open a live account.
Can I withdraw the $100 bonus?
No. Only gains can be withdrawn. You must trade 50 standard lots first, and the maximum withdrawal is $100.
Who can claim this no deposit bonus?
The offer is for new traders. If you already hold an account, check the broker's terms to see if you are eligible.
How long is the offer available?
The bonus time is limited. No end date is stated here, so check the offer page for the current deadline.
Final thoughts
This no deposit bonus is a low-cost way for new traders to test a live account. The 50-lot volume rule and $100 cap mean you should treat it as practice, not easy money. Read the terms, trade carefully and only risk what you can afford to lose.
Risk warning: trading forex/CFDs is risky and you can lose money. Bonuses come with conditions.
