Read the Headway $111 no deposit bonus terms in plain English: how to claim, the seven-day period and the lot rule for withdrawals.
Risk warning: trading forex/CFDs is risky, and bonuses come with conditions. Read the full terms before you trade.
Key facts
- Bonus amount: $111, credited to a bonus account.
- Bonus period: seven days. After that, the bonus account is closed.
- Account: MetaTrader 5, USD currency, leverage up to 1:2000.
- Instruments: Forex, Metals and Cryptocurrencies.
- Withdrawal rule: trade lots equal to your bonus profit divided by 3 on a real account.
- Limit: one Welcome Bonus account per client, computer or IP address.
About Headway and the $111 bonus
Headway is an online broker with Forex, Indices, Energies, Cryptocurrencies and Stocks. It offers three account types: Cent, Standard and Pro. Its trading terminals are MetaTrader 4 and 5, on Windows, MacOS, Android and iOS.
The Headway $111 bonus lets you trade in real market conditions without making a deposit. You keep the profit you make, but only after you meet the volume rule below.
For a wider overview, see $111 Forex No Deposit Bonus for New Traders from Headway.
How the Headway $111 bonus works
The process has four stages.
Open a bonus account. The account is credited with $111. According to the offer, you need no deposit to start.
Trade for seven days. Use this time to practise and test strategies. During this period you cannot make deposits, withdrawals or internal transfers.
Profit is fixed. When the seven days end, the bonus account is closed. Your profit is fixed and shown in your Personal Area.
Meet the volume rule and withdraw. There is no time limit for withdrawing the profit. You must trade lots on any of your real accounts. Trading the bonus money itself does not count.
The lot formula with an example
Lots to trade = bonus profit ÷ 3.
Say you make a $30 profit in the seven days. To withdraw all of it, you need to trade 10 lots. To withdraw only $3, you need to trade 1 lot.
Headway no deposit bonus terms and conditions
Check these points before you start:
- The bonus is available to both new and existing Headway clients.
- The bonus account uses MetaTrader 5 with USD as the account currency. Leverage is up to 1:2000.
- You can trade Forex, Metals and Cryptocurrencies on it.
- The $111 is credited automatically after registration, with no deposit needed.
- The bonus lasts seven days. After that, the bonus amount is removed from your account.
- Profit made with the bonus is withdrawable once you meet the volume requirement (profit ÷ 3 in lots).
- You cannot trade the bonus money itself to meet the withdrawal requirement.
- Each client, computer or IP address can open only one Welcome Bonus account.
- Headway may change the terms or cancel the bonus at any time without prior notice.
- Headway's general terms and conditions also apply.
Because the broker can change the bonus at any time, always confirm the current terms on the official Headway website before you register.
How to claim the Headway $111 bonus
Register an account. Fill in the registration form with your details and submit it.
Confirm your email. Headway sends a validity link. Click it. If you cannot find the email, check your spam folder.
Log in to your dashboard. Use the credentials you created.
Open the $111 bonus account. It is credited with the bonus automatically.
Connect to the trading server. The original guide says to log in to MetaTrader 4 with the server name "multirate". Check which platform and server your bonus account uses in your dashboard.
Trade and track the conditions. Work towards the lot requirement so your profit becomes withdrawable.
You can compare this with Enjoy the Headway $111 no deposit forex free bonus.
Withdrawing your profit
Once the lot requirement is met, you can withdraw your profit or move it to your trading account.
- There is no time limit for withdrawing the profit.
- You can withdraw the whole profit or only part of it, after trading the required lots.
- The minimum withdrawal depends on the withdrawal method you choose. There is no maximum limit.
Headway also has a deposit offer. See Headway $111 No Deposit Bonus and 75% Forex Welcome Bonus for details.
Tips before you trade
- Plan how many lots you can realistically trade on a real account. The requirement can be large if your profit is large.
- Remember you cannot deposit or withdraw during the seven-day period.
- Use the bonus to learn. Do not risk money you cannot afford to lose on your real account to meet the volume rule.
- Keep a copy of the terms you accepted, since they can change.
FAQ
Do I need to deposit to get the Headway $111 bonus?
No. According to the offer, the $111 is credited to your bonus account without a deposit.
How long does the bonus last?
Seven days. After this, the bonus account is closed and your profit is fixed in your Personal Area.
How many lots do I need to trade to withdraw profit?
Divide your bonus profit by 3. A $30 profit needs 10 lots, and a $3 profit needs 1 lot. The lots must be traded on a real account.
Can I open more than one bonus account?
No. Each client, computer or IP address can open only one Welcome Bonus account.
Conclusion
The Headway $111 Forex No Deposit Bonus lets you try real-market trading without a deposit. The main points are the seven-day window and the profit ÷ 3 lot rule. Read the no deposit bonus terms carefully and confirm them with Headway before you register.
Disclaimer: This article is for information only and is not financial advice. Trading forex/CFDs is risky and bonuses come with conditions. Do your own research and seek professional guidance before making any investment decision.
