Why risk your ownmoney when you canstart with $30 free?Open a live account inminutes+Trade real markets withno deposit+Keep the profits youmakeClaim $30 โ†’Trading involves risk. T&C apply.Why risk your ownmoney when you canstart with $30 free?Open a live account inminutes+Trade real markets with nodeposit+Keep the profits you makeClaim $30 โ†’Trading involves risk. T&C apply. Get100%DEPOSIT BONUSDeposit $100ORTrade with $200 inmarginGet bonus โ†’Trading involves risk. Bonus terms apply.Get100%DEPOSIT BONUSDeposit $100ORTrade with $200 inmarginGet bonus โ†’Trading involves risk. Bonus terms apply.

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Expert market analysis, honest forex broker reviews, verified Forex no deposit bonus and deposit bonus offers, and the annual Forex Brokers Award โ€” all in one place, updated every day.

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OVX Markets $50 No Deposit Required Offer Details
Find the latest Malaysia No Deposit Bonus offers

OVX Markets $50 No Deposit Required Offer Details

OVX Markets gives eligible new clients a $50 promotional trading credit without an initial deposit. $50 No Deposit Required Terms and Conditions

3 min read

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Frequently Asked Questions

What is a Forex no deposit bonus?

It is free trading credit a broker gives new clients after registration and verification, without requiring a first deposit. You can trade live markets with it, and profits can usually be withdrawn after meeting the broker's trading volume rules.

How is a deposit bonus different from a no deposit bonus?

A deposit bonus is a percentage added on top of the money you fund, such as a 50% or 100% first deposit bonus. A no deposit bonus requires no funding at all but is usually smaller, for example $10 to $50.

How does GXMarkets choose featured brokers?

We check regulation and licensing, minimum deposit, leverage, account types (STP, ECN, Market Maker), spreads, deposit and withdrawal methods, support quality and the clarity of bonus terms before a broker is featured.

Can I withdraw profits made with a Forex bonus?

In most cases the bonus amount itself cannot be withdrawn, but profits can be withdrawn once you complete the required lots or trading days set in the broker's terms and conditions.

How do I vote in the Forex Brokers Award?

Click "Vote for Awards", pick your favorite broker in each category and submit your vote. Voting for the Forex Brokers Award is open now.

How to Choose a Forex Bonus and a Trusted Broker

A Forex bonus can give you extra capital to start trading, but the real value depends on the broker behind it and the rules attached to the offer. GXMarkets reviews each broker and each promotion so you can compare them side by side before you open an account.

Forex No Deposit Bonus vs Forex Deposit Bonus

A Forex no deposit bonus gives you free trading credit โ€” usually $10 to $50 โ€” just for registering and verifying your account. It is the safest way to test a broker's live conditions without risking your own money. A Forex deposit bonus adds a percentage (for example 30%, 50% or 100%) on top of the money you fund, which increases your margin but normally comes with lot-volume requirements.

What we check before featuring a broker

  • 1Regulation & safetyLicence, client fund segregation and company history.
  • 2Trading conditionsMinimum deposit, leverage, spreads and account types (STP, ECN, MM).
  • 3Bonus termsLot requirements, time limits and whether profits are withdrawable.
  • 4Payments & supportLocal deposit methods, withdrawal speed and support languages.

Forex No Deposit Bonus, Deposit Bonus and How to Pick the Right Forex Broker

A forex bonus can lower the cost of starting to trade, but only when it comes from a reliable broker with fair rules. Here is what each bonus type gives you and what to check before you sign up.

Forex No Deposit Bonus

A forex no deposit bonus is free trading credit, usually $10 to $50, that a broker adds after you register and verify your identity. You do not fund the account. It lets you test real spreads, execution and withdrawals with zero risk to your own money.

  • Best for beginners and for testing a new broker
  • The bonus itself is not withdrawable; profits usually are
  • Expect a lot-volume target and a 30โ€“60 day time limit

Forex Deposit Bonus

A forex deposit bonus adds a percentage on top of the money you fund, for example a 100% deposit bonus turns a $100 deposit into $200 of trading margin. The extra margin helps positions survive normal price swings.

  • Best for traders who already plan to deposit
  • Common sizes are 30%, 50% and 100%
  • Check if the bonus can be lost when you withdraw early

Choosing a Forex Broker

The bonus is only as good as the forex broker behind it. A regulated broker with clear terms, fast withdrawals and fair spreads matters more than the size of any promotion.

  • Confirm the licence and regulator
  • Compare minimum deposit, leverage and account types
  • Read the full bonus terms before your first trade

Start by comparing the latest no deposit bonus offers and deposit bonus offers, then check our best forex brokers list. Forex trading carries risk, so only trade with money you can afford to lose.

Forex Welcome Bonus, Demo Contests and Live Contests Explained

Brokers also reward traders with welcome offers and trading competitions. These promotions let you grow an account, test a strategy or win cash prizes, often with little or no money at risk.

Forex Welcome Bonus

A forex welcome bonus is a one-time reward for new clients, usually a fixed credit such as $30 to $100 or a match on the first deposit. It is designed to help you place your first trades with extra capital.

  • Only for newly registered accounts
  • Usually needs ID verification first
  • Check the lot target before withdrawing profits

Forex Demo Contests

Forex demo contests run on virtual money, so you risk nothing. Traders compete for the highest return over a set period, and the winners receive real cash prizes or funded accounts.

  • Zero risk โ€“ no deposit required
  • Great for testing a new strategy
  • Prizes are often credited to a live account

Forex Live Contests

Forex live contests use real trading accounts, so results reflect real market conditions. Prize pools are usually bigger, and some contests rank traders by profit while others rank by consistency.

  • Requires a funded live account
  • Bigger prize pools than demo contests
  • Read the rules on minimum balance and lot size

Browse the latest forex welcome bonus offers, join a forex demo contest to practise risk-free, or compete in forex live contests for real prizes. Forex trading carries risk, so only trade with money you can afford to lose.

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