Want to try forex trading without risking your money? SevenStarFX gives you a $20 Welcome No Deposit Bonus to get started. The company has grown steadily since 2004, building trust in the global forex market. Their excellent service shows in their 4.8/5 Trustpilot rating.
You can start trading right away with this $20 bonus - no deposit needed. New traders can test real market conditions without spending their own money. Our company operates as a regulated STP broker with a license from the Financial Services Commission of Mauritius. You get access to more than 120 trading instruments that include currencies, commodities, metals, and indices. The platform runs on industry-standard MetaTrader 4 and MetaTrader 5 platforms. Traders also enjoy flexible leverage up to 1000:1 and round-the-clock support in multiple languages.
Let's walk through everything about this $20 signup bonus. We'll cover who can qualify, how you can use the bonus, rules for withdrawing profits, and key restrictions you should know before trading.
Who Can Claim the SevenStarFX $20 Welcome Bonus
A $20 welcome bonus with no deposit sounds appealing, but who can actually get this offer? Let me explain the specific eligibility criteria you need to meet for the SevenStarFX $20 Welcome No Deposit Bonus.
Age and residency requirements
Legal age restrictions are standard in forex trading regulations. SevenStarFX operates worldwide, but you must be legally old enough in your country to trade forex. Most places require traders to be at least 18 years old.
SevenStarFX welcomes traders from many countries, but some residency limits might apply based on your local regulations. These limits change depending on your location and your region's forex trading rules.
Account verification and KYC
You must complete the Know Your Customer (KYC) verification process to get the $20 welcome bonus. KYC isn't just SevenStarFX's rule - all financial institutions and trading platforms must follow this legal requirement. This process helps stop fraud and follows anti-money laundering rules.
To verify your account, you'll need to:
- Provide your full name, home address, and age
- Submit valid identification documents
- Verify your phone number
Proper verification is vital since failing KYC requirements could result in compliance fines and brokerages might lose their licenses. The $20 No Deposit Bonus is only available to clients who verify their phone number and complete their KYC documents.
New user eligibility only
The SevenStarFX $20 Welcome Bonus is only available to new clients. Previous account holders can't claim this promotion.
The bonus program works only if you have an individual account. Corporate entities, partnerships, or other business structures don't qualify for this promotion. This rule helps ensure the bonus serves its purpose - helping new individual traders start without financial risk.
New traders who want to enter the forex market without putting up their own money will find this $20 welcome bonus a great way to get real trading experience risk-free.
How the $20 No Deposit Bonus Works
SevenStarFX's promotional offer mechanics can make a big difference to your forex experience. Let's get into how this risk-free trading chance works.
Bonus activation process
The SevenStarFX $20 Welcome No Deposit Bonus activation is simple but specific. You must select "Yes I want a bonus" during registration to create your account. This step is vital - the bonus won't reach your account without selecting this option, even if you meet other requirements.
The system processes your application after you complete the registration form with this preference. The bonus credit happens only after you verify your phone number and complete the full KYC verification process. This verification is the last step before $20 gets added to your trading balance.
Time limit for using the bonus
This promotional offer comes with time limits. The SevenStarFX $20 No Deposit Bonus needs to be employed within 30 days from your trading account's bonus date. You have about a month to use this chance before it expires.
The time limit pushes you to participate actively instead of leaving the bonus unused. This design helps you learn about live market conditions in a reasonable time.
One account and IP per user
SevenStarFX uses strict account limits to keep things fair and prevent misuse. Each client can apply the $20 Free No Deposit Bonus to one trading account from one unique IP address. This rule stops multiple bonus claims from the same person.
The bonus scheme works only if you have an individual account. Business entities, corporations, or other organizational structures cannot join this promotion. This restriction ensures the bonus achieves its purpose - giving individual traders risk-free access to live forex markets.
Profit and Withdrawal Rules You Must Know
You need to know a few things about turning your SevenStarFX $20 Welcome Bonus into money you can withdraw. Let's look at the rules that decide how and when you can access the profits you make from your bonus.
Minimum trading volume required
You'll need to hit certain trading numbers to turn your bonus profits into withdrawable cash. SevenStarFX wants you to trade at least five (5) standard lots. This rule makes sure you're actually trading and not just trying to grab the bonus. You should plan your trades to meet this volume requirement before your bonus expires.
Profit threshold for withdrawal
You can't withdraw your earnings right away. SevenStarFX says profit is anything above your No Deposit Bonus amount. But there's more - you need to make at least USD 100.00 in profit before you can take out any money. Even if you've traded enough volume, you can't touch profits below this amount.
USDT deposit requirement
The most significant rule is that you need to make a deposit to get your profits. You must put at least 100 USDT into your trading account. Plus, you can only use USDT for everything - deposits and withdrawals alike. This keeps things simple and consistent for all bonus-related money moves.
Maximum withdrawal limit
Leveraged trading might give you big returns, but SevenStarFX has a limit on what you can withdraw from this promotion. Whatever profits you make with the bonus funds, you can only take out up to 100 USDT. Any extra money you earn won't be part of this promotional offer.
These rules create a fair system. New traders can try real trading without risk, while the broker stays protected from bonus system abuse.
Important Terms and Restrictions
The SevenStarFX $20 Welcome No Deposit Bonus comes with specific guidelines you need to follow. Let's get into the details that control this offer.
Prohibited trading strategies
The bonus terms clearly state which trading approaches you can't use. Expert Advisors (EAs), scripts, and arbitrage trading strategies are not allowed with your bonus funds. Arbitrage means taking advantage of price differences between markets—something SevenStarFX watches closely. The company will remove your bonus right away without warning if you try to use automated systems or arbitrage.
Note that these rules help create fair trading conditions for everyone and protect the promotion's integrity.
Fraud detection and bonus removal
SevenStarFX uses advanced systems to spot fraudulent activities. Your bonus will be removed immediately if the company suspects:
- Hedging positions internally (across multiple SevenStarFX accounts)
- Hedging positions externally (with other brokers)
- Opening multiple accounts under the Bonus Scheme
The company's policy states they "shall not be held liable for any losses incurred as a result of the removal of the Bonus, including Stop Out losses". This means you're fully responsible for any margin calls or closed positions that happen if your bonus gets removed for breaking rules.
Termination rights of the company
SevenStarFX can end the $20 Welcome Bonus Scheme under these conditions:
- Right away if a client defaults
- Any time with written notice
On top of that, you can choose to leave the Bonus Scheme by sending an email request to [email protected].
The SevenStarFX $20 Welcome No Deposit Bonus ended up being a risk-free way to start trading, but you must understand these restrictions. Breaking these terms leads to bonus removal and could affect your trading through unexpected position closures and account restrictions.
Conclusion
SevenStarFX's $20 Welcome No Deposit Bonus is an excellent way for aspiring forex traders to get started. This promotion lets you experience real market conditions without risking your own money. In this piece, we get into the eligibility requirements, activation process, trading conditions, and withdrawal rules for this bonus offer.
You need a full picture of these terms before beginning your trading trip. Note that you have 30 days to employ your bonus funds. It also helps to meet the five standard lots trading volume requirement while following the prohibited strategies guidelines to maximize your success chances.
Without doubt, you must pay attention to the withdrawal rules - especially when you have the 100 USDT deposit requirement and maximum withdrawal limit. These conditions create a balanced framework that protects traders and the broker while offering real value.
SevenStarFX is a globally regulated broker with 20 years of experience in the forex market. Their 4.8/5 Trustpilot rating shows their reliability. This $20 welcome bonus is a practical way to test trading strategies, experience market dynamics, and potentially earn real profits - all without risking your own capital.
FAQs
Q1. What is the SevenStarFX $20 Welcome Bonus? The SevenStarFX $20 Welcome Bonus is a no-deposit offer for new traders to experience live forex trading without any financial commitment. It provides $20 in trading funds to eligible new clients.
Q2. Who is eligible for the SevenStarFX $20 Welcome Bonus? The bonus is available to new clients who are of legal age in their country of residence, have completed the KYC verification process, and have never had an account with SevenStarFX before.
Q3. How long do I have to use the $20 Welcome Bonus? The bonus must be utilized within 30 days from the date it's applied to your trading account. This gives you approximately one month to take advantage of the offer.
Q4. What are the profit withdrawal conditions for the bonus? To withdraw profits, you must complete a trading volume of at least 5 standard lots, earn a minimum profit of $100, and deposit at least 100 USDT into your account. The maximum withdrawable profit is limited to 100 USDT.
Q5. Are there any trading restrictions with the bonus? Yes, the use of Expert Advisors (EAs), scripts, and arbitrage trading strategies is prohibited when using the bonus funds. Violating these terms can result in immediate bonus removal without prior notification.
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