Headway's $111 bonus lets you start trading with no deposit. Here is how to claim it, the 7-day rules and how to withdraw profits.
Risk warning: trading forex/CFDs is risky, and bonuses come with conditions. Read them before you claim.
Start Trading Without a Deposit
Headway is offering a $111 Forex bonus, so you can trade without putting in your own money. It is a simple way to try the platform, test strategies or explore the Forex market.
No deposit is required, and claiming the bonus is quick. The bonus is still trading money, so losses can happen and the rules below apply.
Key Facts About the Headway $111 Bonus
- Bonus amount: $111, credited to your bonus account.
- Deposit needed: none.
- Usage window: 7 days.
- During the 7 days: no withdrawals, deposits or transfers.
- After 7 days: the bonus account closes and profits move to your Personal Area.
- To withdraw profits: trade a set number of lots in a real account.
- Time limit for the lot requirement: none.
Steps to Claim Your Headway Free Bonus
The process has three main steps:
- Open a bonus account.
- Get $111 credited to your account right away.
- Trade for up to 7 days.
The sign-up page shows the exact registration steps. Check them carefully before you start trading.
What You Need to Know Before You Start Trading
$111 Free Credit
Once you set up your bonus account, $111 is credited automatically. You don't need to deposit anything.
7-Day Usage Window
You can use the bonus funds for 7 days. During this time, withdrawals, deposits and transfers are not allowed.
Plan your trades so you make good use of the week. Decide in advance which markets you want to test and how much risk you will take on each trade.
Keep Your Profits
After the 7 days, your bonus account closes. Any profits you made move to your Personal Area.
To withdraw them, you must meet certain trade requirements. These are explained in the next section.
Withdrawing Your Earnings
To withdraw your profits, you need to trade a specific number of lots in a real account. The bonus funds themselves can't be used for this.
Here is how to calculate the required lots: take the profit you earned and divide it by three.
| Profit earned | Lots to trade |
|---|---|
| $30 | 10 lots |
| $3 | 1 lot |
There is no time limit, so you can complete this step at your own pace.
Trading the required lots in a real account means you will need real funds in that account. Trading costs and losses on those trades are your own responsibility. Check the broker's terms for the full withdrawal conditions.
Who Is This Bonus Good For?
This offer suits traders who want to try a broker before using their own money. It can help you in a few ways:
- Learn how the Headway platform works.
- Test a trading strategy in live market conditions.
- Get used to placing orders and managing risk.
It is less suited to anyone who needs to withdraw money quickly. Profits are locked until you meet the lot requirement in a real account.
Tips to Use the Bonus Wisely
- Read the full terms before you claim.
- Use small position sizes so one bad trade does not wipe out the bonus.
- Keep track of the 7-day window.
- Work out your required lots before you plan any withdrawal.
- Never trade money you cannot afford to lose.
Compare Other Ways to Start Trading With a Bonus
You may also want to look at similar offers from other brokers:
- Start Forex Trading Free XM Group $50 No Deposit Bonus
- Receive your Free Forex Bonus and Start Trading Immediately
- $30 Free Bonus at FiXiO Markets Start Forex Trading Today
FAQ
Do I need to deposit to get the $111 bonus?
No. Once you open a bonus account, $111 is credited automatically. No deposit is required.
How long can I use the bonus?
You can use the bonus funds for 7 days. After that, the bonus account closes.
Can I withdraw my profits?
Yes, but only after you meet the trade requirements. Divide your profit by three to get the number of lots to trade in a real account. The bonus funds can't be used for this, and there is no time limit.
Can I withdraw or transfer money during the 7 days?
No. Withdrawals, deposits and transfers are not allowed while the bonus account is active.
Disclaimer
This promotion is provided by Headway. This is not financial advice. Always trade responsibly. Trading forex/CFDs is risky, and bonuses come with conditions.
