11 Best No Deposit Bonus Forex List Start Trading Free

Finding the best no deposit bonus forex list saves you hours of research and helps you avoid unreliable brokers. A forex no deposit bonus is free capital that brokers provide. You can start live trading without risking your own money. Some no deposit forex bonuses let you withdraw profits without making an original deposit.

These trading bonuses are especially valuable for beginners who want to test strategies before committing funds. We've compiled 11 verified forex brokers with no deposit bonus offers. They range from $30 to $1000 and come complete with terms, withdrawal requirements and claiming procedures.

RoboForex - $30 Welcome No Deposit Bonus

RoboForex Bonus Details

RoboForex offers a $30 welcome bonus to new clients who complete verification and meet deposit requirements. The bonus amount converts to 3,000 cents for ProCent accounts. This promotion is available only for Pro and ProCent account types denominated in USD or EUR. The bonus functions as trading credit rather than withdrawable cash, but all profits generated remain available without trading volume restrictions.

RoboForex requires a $10 minimum deposit via bank card to activate the bonus, unlike pure no deposit offers. Accepted payment methods include China UnionPay, Maestro, MasterCard and VISA cards. Traders in Nigeria, Tanzania, Uganda and Namibia can also deposit via Binance Pay to qualify for the bonus. Virtual cards and prepaid cards are not eligible.

Key Features and Trading Conditions

Both eligible account types support MetaTrader 4 and MetaTrader 5 platforms with market execution. The Pro account targets beginners. It has floating spreads from 1.3 pips and a $10 minimum deposit. The ProCent account offers similar spread conditions but allows trading in cents. This makes it suitable for strategy testing and algorithmic trading.

Maximum leverage caps at 1:1000 for bonus participants. Clients cannot increase leverage beyond this threshold while using bonus funds. Scalping and automated trading through Expert Advisors receive support on both account types.

Terms and Conditions

Each client qualifies for the welcome bonus only once. The program excludes traders who participated in RoboForex welcome bonus promotions before. Regional restrictions apply in countries where bank card deposits are unavailable or where RoboForex does not provide services.

Bonus funds support trading positions during drawdowns without automatic write-off. Stop Out triggers removal of extra funds from the account though. Client deposits and profits remain protected in such scenarios. RoboForex reserves the right to refuse or revoke bonus grants and cancel associated transactions without prior notice.

How to Claim the Bonus

Verification requires three components: passport or government-issued ID, residential address proof and mobile phone number confirmation. RoboForex sends a confirmation code to your registered email after you complete verification and deposit $10. You must paste this code into the 'Welcome Program' field on the 'Bonuses' page in your Members Area. The bonus credits to your account within 5 business days after code activation. The activation code expires after 30 days if unused.

Withdrawal Requirements

Profits earned from trading with bonus funds can be withdrawn anytime without lot requirements or time restrictions. Your original $10 deposit also remains available for withdrawal alongside any trading gains. The system deducts from your deposited funds first when you have losses. This preserves bonus capital until Stop Out occurs.

XM - $30 Forex No Deposit Bonus

XM Bonus Details

XM provides $30 in trading credit to new clients without requiring an original deposit. This forex bonus no deposit offer stands out as genuinely risk-free since you start trading right after account verification. You can use the bonus amount in your account only for trading purposes and cannot withdraw it. But any profits generated from trading with this bonus become fully withdrawable once you meet specific conditions.

New clients have 30 days from account opening to claim this offer. The promotion applies to first-time XM clients only, with one bonus permitted per unique IP address. Regional restrictions exclude residents of the European Union from participation.

Key Features and Trading Conditions

Both MetaTrader 4 and MetaTrader 5 platforms support bonus trading. XM allows trading in forex pairs, commodities and indices using the bonus funds. The broker imposes no restrictions on trading strategies, though round turn trades lasting 10 minutes or less do not count toward withdrawal requirements.

Maximum leverage and spread conditions follow standard XM account specifications. Scalping receives full support, but Expert Advisors, arbitrage strategies and news trading face prohibition on bonus accounts. You can access all standard trading instruments available in the terminal with bonus funds.

Terms and Conditions

You must complete phone number verification through SMS in the Members Area to activate the bonus. Account verification requires submission of government-issued identification and proof of address. The bonus credits within 24 hours after completing all verification steps.

Any fund withdrawal from your account triggers proportional bonus removal based on the withdrawal percentage. Internal transfers between XM accounts move bonuses proportionally to the transferred balance percentage. Dormant accounts lose all previously awarded bonuses right away.

How to Claim the Bonus

Open a real trading account through XM's registration form. Login to your Members Area and upload identification documents for account validation. After verification approval, click the bonus claim button in the Members Area. Complete the voice verification process following on-screen instructions. Download MT4 or MT5 and login to see the $30 bonus ready for trading.

Withdrawal Requirements

Profits become withdrawable after your trading volume reaches at least 10 micro lots (0.1 standard lots) and you complete a minimum of 5 round turn trades. The minimum withdrawal amount cannot be less than $200 or currency equivalent. You must close all open positions, including pending orders, before requesting withdrawals. XM processes withdrawal requests within 24 hours, though bank transfers may take 2-5 business days.

FBS - $140 Trade Without Deposit

FBS Bonus Details

FBS offered a Level Up bonus worth $140 to new traders, but this promotion is no longer available in 2026. The official FBS website confirms they have decided not to offer no-deposit bonuses. The Level Up program expired on December 31, 2023. Clients received $70 through the FBS Personal Area web platform or $140 by downloading the mobile app at the time the program was active.

The bonus functioned as non-withdrawable trading credit for practicing strategies in live market conditions. Profits generated from bonus funds became withdrawable after meeting specific trading volume requirements. FBS discontinued this offer and moved their focus toward deposit-based promotions.

Key Features and Trading Conditions

The Level Up bonus operated on the MetaTracker 5 platform with a fixed order volume of 0.01 lot. Trading was restricted to major currency pairs and precious metals, with leverage capped at 1:100. Traders could maintain a maximum of five open positions at once.

Each position required a minimum 10-pip difference between opening and closing prices, and positive pip movements were required for qualification. The bonus account prohibited Expert Advisors and automated trading systems. Swap-free trading accounts were available for eligible clients.

Terms and Conditions

The promotion targeted new FBS clients only, with one bonus permitted per trader. Participants had 40 days from registration to complete all requirements. The bonus remained active for 20 trading days and allowed up to 5 days of inactivity. Account verification through identity documents and residential address proof was required before bonus activation.

How to Claim the Bonus

Traders registered through FBS and verified their email addresses. Clients received $70 right away after opening a Level Up account in the Personal Area. Downloading the FBS Personal Area app doubled the amount to $140. Users connected their Facebook account and completed a qualification test to activate the full bonus.

Withdrawal Requirements

Traders needed to complete at least 5 lots of trading volume over 20 active trading days. Maximum withdrawable profit was capped at $140. The original bonus credit itself remained non-withdrawable under all circumstances. FBS currently offers deposit bonuses instead and provides 100% on first deposits and up to 60% on subsequent deposits exceeding $100.

HotForex - $30 No Deposit Welcome Bonus

HotForex Bonus Details

HF Markets ran a $30 no deposit welcome bonus program that expired on December 31, 2023. This promotion targeted residents from 15 specific countries: South Korea, Turkey, Bahrain, Jordan, Kuwait, Lebanon, Mauritania, Oman, Qatar, Saudi Arabia, Tunisia, Morocco, Algeria, UAE, and Mexico. HotForex restricted this bonus to these regions, unlike other brokers offering global access.

New clients had 60 calendar days to employ the trading credit, giving them two months with the program. This $30 bonus worked as non-withdrawable trading capital, but profits generated could be extracted after meeting specific conditions. The bonus came in USD currency only.

Key Features and Trading Conditions

The dedicated bonus account offered 1:100 leverage for trading. Bonus participants faced this fixed limitation, while standard HotForex accounts offered higher leverage ratios. The platform supported forex pairs only and prohibited news trading and Expert Advisors. Traders who attempted to use automated systems or news-based strategies faced immediate bonus removal.

Account execution followed standard forex protocols without restrictions on position sizes or holding periods. The Company reserved rights to contact clients on registered phone numbers for verification purposes. SMS verification through a main mobile telephone number served as mandatory authentication.

Terms and Conditions

Each client qualified for one bonus account per IP address. The program excluded existing or past HotForex clients and maintained strict new-client-only eligibility. Internal hedging between multiple HotForex accounts or external hedging with other brokers violated terms and triggered bonus forfeiture.

The Company managed to keep limited availability and accepted applications until reaching maximum account allocations. HotForex removed bonuses without prior consent when it detected false mobile numbers or third-party phone verification. The bonus account closed after the first successful withdrawal request.

How to Claim the Bonus

Eligible traders opened a USD 30 No Deposit Bonus Account through designated website banners. Clients gave their main mobile telephone numbers after registration and completed SMS verification via the myHotForex Client Portal. The verification phone number had to belong to the account holder and remain in active use.

Account approval came before bonus activation, and clients couldn't make deposits until full activation completed. The Company verified identity documents and residential proof before granting access.

Withdrawal Requirements

Traders needed to complete 1 standard lot of trading volume and a minimum of 8 round-turn trades. The minimum withdrawable profit amount stood at $60, double the bonus value received. Qualifying profits transferred internally after withdrawal request submission and became available for cash extraction.

InstaForex - $1000 Free No Deposit Bonus

InstaForex Bonus Details

InstaForex operates multiple promotional programs rather than a single fixed-amount bonus. The broker currently advertises a $350,000 startup no deposit bonus for new clients in select regions. Regional availability varies, with some traders receiving $30 upon account opening and verification. The bonus amount depends on geographical location, and InstaForex determines eligibility based on your registered country.

On top of that, InstaForex offers the X bonus program requiring an original deposit to unlock multipliers up to x1000 of your deposit amount. Depositing $77 can generate over $1000 in bonus credit depending on your region. The multiplier increases proportionally with larger deposits, starting from a minimum x10 ratio.

Key Features and Trading Conditions

The no deposit bonus supports Standard USD, US Cent, Standard EUR, and EUR Cent account types opened after May 15, 2014. Leverage reaches up to 1:1000 for accounts participating in the program. The stop out level sits at 100%.

Bonus funds provide access to 400+ instruments. Order execution speed starts from 0.05 seconds with fixed spreads containing no hidden commissions. Both MetaTrader 4 and MetaTrader 5 platforms accommodate bonus account trading.

Terms and Conditions

Each client qualifies for the no deposit bonus only once. The bonus remains incompatible with other promotional offers. You cannot change personal data like full name and country after bonus crediting.

Profits require Level 3 verification completion before withdrawal eligibility. Account holders must execute a minimum of X/2 trades where X represents the bonus amount. Trading volume requirements mandate at least X/2 Insta-lots, equivalent to X/20 market lots. Orders closed within 5 minutes after opening do not count toward these statistics.

Any withdrawal from the trading account cancels the whole bonus plus 20% of the bonus amount. Your first deposit triggers automatic bonus removal, though you become eligible for the 100% welcome bonus equal to your deposit amount.

How to Claim the Bonus

Registration completes in under one minute. Level 1 verification just needs accurate ID data submission during registration. The bonus credits following account approval without requiring support tickets or manual applications.

Withdrawal Requirements

Profit withdrawal becomes possible only when exceeding 20% of the bonus amount. The whole bonus amount must be withdrawn at once, with partial withdrawals prohibited. To withdraw the bonus itself, complete buy or sell trades totaling X25 InstaForex lots, where X equals all bonuses you ever received. For EUR accounts, the formula adjusts to X25*1.1 InstaForex lots. Submit withdrawal requests to bonuses@instaforex.com with the bonus present in your account during review.

Tickmill - $30 Forex Bonus No Deposit

Tickmill Bonus Details

Tickmill Ltd creates a Welcome Account for you once you complete registration, so you don't need manual bonus applications. The FSA SC regulated entity credits $30 directly into this specialized account without requiring any upfront deposit. The Welcome Account mirrors the live Raw account type in every aspect and gives you authentic market conditions rather than demo limitations.

Profits earned through bonus trading qualify for withdrawal, though the $30 bonus credit itself remains locked. Withdrawal amounts range from a minimum of $30 to a maximum of $100 in profits. The bonus supports USD currency denomination only.

Key Features and Trading Conditions

Trading executes through MetaTrader 4 platform with the same Raw account specifications. You can increase or decrease leverage settings according to your preference. The Welcome Account prohibits Expert Advisors and blocks all automated trading systems.

Funding restrictions prevent additional deposits into the Welcome Account. But you can adjust leverage ratios up or down as needed during the active trading period.

Terms and Conditions

The 60-day trading window begins from registration date. After this period, an additional 14 calendar days give you time to claim earnings, totaling 74 days from activation. Each client receives only one Welcome Account chance.

Prohibited activities include hedging positions across multiple Tickmill accounts, offsetting trades through external brokers, and creating duplicate accounts with false information. Exploiting price feed errors or using third-party payment methods triggers bonus cancelation plus profit forfeiture. European Union citizens face geographic restrictions and are excluded.

How to Claim the Bonus

Access www.tickmill.com and go to the promotions section. Click the Welcome Account page and select "Get My Bonus". Provide your name, date of birth, country, and preferred leverage. You receive a verification email right after submission. Click the confirmation link to activate your account, and Tickmill credits the $30 automatically.

Withdrawal Requirements

Open a real client account using the same personal details from your Welcome Account. Upload identification documents and proof of address for verification. Deposit at least $100 into your Wallet. Email support@tickmill.com and request profit withdrawal. The Welcome Account closes after your single withdrawal request processes.

PlexyTrade - $50 No Deposit Trading Bonus

PlexyTrade Bonus Details

Multiple sources advertise PlexyTrade's $50 no deposit bonus, but the official terms document specifies a $30 no deposit bonus for verified clients. The confusion stems from PlexyTrade running a separate trading competition that funds accounts with $50. The actual no deposit bonus provides $30 in USD currency, available to both new and existing clients who previously participated in similar campaigns.

The bonus serves as trading capital and cannot be withdrawn under any circumstances. Profits generated from this credit become withdrawable once you meet specific conditions. Maximum profit extraction caps at $70, with a minimum withdrawal threshold of $30.

Key Features and Trading Conditions

You get 1:100 leverage on spread conditions as with the Raw Gold account type. The platform restricts trading to forex pairs and metals. Expert Advisors face strict prohibition, and positions opened during news events (2 minutes before and after) result in immediate bonus forfeiture.

Terms and Conditions

Each client qualifies for one bonus account per IP address. The program permits repeat participation even if you claimed previous no deposit bonuses. Account verification requires government-issued identification and proof of address before activation. Trading volume must reach 10 standard lots, and you must complete a minimum of 10 active trading days. An active trading day requires at least one executed trade.

How to Claim the Bonus

You need to register a trading account through PlexyTrade's standard account opening process. Submit verification documents and receive approval confirmation. The $30 credits to your account without requiring deposit transactions.

Withdrawal Requirements

After completing the 10-lot volume requirement with your account fully verified, email support@plexytrade.com. You must close all open positions before requesting profit transfers. The bonus account deactivates after processing, transferring profits to your client wallet for immediate withdrawal.

OctaFX - $50 Withdrawable No Deposit Bonus

OctaFX Bonus Details

OctaFX does not offer a no deposit bonus currently despite appearing in various broker lists. The broker provides a 50% deposit bonus program instead and requires a minimum $50 deposit to qualify. This promotion adds 50% extra trading capital on every deposit you make, with a maximum bonus cap of $500 per claim. You need to fund your account first before receiving any bonus credits, which differs from pure no deposit offers.

The bonus qualifies as withdrawable once you meet specific trading volume requirements. Both the bonus amount and profits generated become available for extraction after you complete the necessary lot requirements. The offer applies to all clients, new and existing traders alike.

Key Features and Trading Conditions

Trading executes on MT4, MT5, and OctaTrader platforms with full bonus support. Bonus funds count toward your equity and free margin. This allows larger position sizes and provides cushion during drawdowns. Leverage ratios follow standard OctaFX specifications without special restrictions on bonus participants.

The promotion runs without expiry dates. You get unlimited time to meet volume requirements. You can claim new bonuses on subsequent deposits even before completing previous bonus requirements.

Terms and Conditions

If you withdraw deposited funds before completing volume requirements, the system cancels your bonus automatically. The system also removes the bonus if your account equity drops below the bonus amount. Each deposit generates a separate bonus with independent volume tracking.

How to Claim the Bonus

Deposit at least $50 into your OctaFX trading account using any available payment method. Go to the "Your Deposit Bonuses" section in your profile and activate the bonus manually. You can also enable automatic bonus application in settings to apply on future deposits.

Withdrawal Requirements

Trade (bonus amount ÷ 2) standard lots to make withdrawals possible. A $100 bonus requires 50 standard lots of trading volume, for example. All closed trades in forex, metals, and crypto count toward this requirement.

XChief - $100 Forex No Deposit Bonus

XChief Bonus Details

XChief credits $100 to new clients through their Android mobile application after account verification. The bonus activates within the app's "Bonuses and Credits" section and requires no deposit. This promotion applies to MT4.DirectFX and MT4.Classic+ account types. You have 30 days from activation to use the bonus.

Key Features and Trading Conditions

Trading turnover counts on specific currency pairs: EURUSD, GBPUSD, USDJPY, and 26 other major pairs. XAUUSD and XAGUSD are also included. Maximum leverage reaches 1:1000. All trading strategies receive support, including Expert Advisors and scalping.

Terms and Conditions

Geographic restrictions exclude India, Indonesia, Iran, Malaysia, Pakistan, Sri Lanka, Thailand, Vietnam, and Uzbekistan. Each client qualifies once per registration. The bonus cancels after 30 days if you don't meet turnover requirements. Bonus hunting strategies and hedging just for turnover trigger account blocking.

How to Claim the Bonus

Register and open a DirectFX or Classic+ trading account. Complete KYC document verification. Download the xChief Android app and login. Go to "Bonuses and Credits" and select the no deposit bonus option. Choose your eligible account for crediting.

Withdrawal Requirements

Complete 30 standard lots of trading volume. You can also reach $10,000,000 in total turnover. Maximum withdrawable amount caps at $100. The system removes excess profits beyond $100 automatically upon first withdrawal.

UITFX - $100 No Deposit Bonus

UITFX Bonus Details

Conflicting information exists about UITFX's bonus offerings. Promotional materials advertise a $100 no deposit bonus valid until December 31, 2026. But the $100 sign-up bonus requires a minimum deposit of $50 to activate. The bonus functions as non-withdrawable trading credit. It gets added within one business day after verification and deposit.

UITFX operates a $10 no deposit bonus for new traders separately, though withdrawal conditions remain unclear in official documentation. This smaller offer provides leverage up to 1:200. Profit withdrawal is allowed up to 10 times the bonus amount.

Key Features and Trading Conditions

The platform supports forex and derivatives trading with live market conditions. Fast execution and low spreads characterize the trading environment, though regulatory transparency concerns exist. UITFX lacks regulation from major financial authorities including FCA, ASIC, or CySEC.

Terms and Conditions

Geographic restrictions exclude USA, Canada, Sudan, Syria, North Korea, Iran, Iraq, Mauritius, Myanmar, Yemen, Afghanistan, Vanuatu, and EEA countries. Only new clients qualify for bonus programs.

How to Claim the Bonus

Complete account registration and KYC verification. Deposit $50 minimum to get the $100 bonus. The $10 no deposit option credits after identity verification automatically.

Withdrawal Requirements

The $10 no deposit bonus requires completing 5 standard lots. You must maintain 30 days of trading activity. Minimum withdrawal stands at $25. Maximum profit extraction caps at 10 times the bonus received.

FXTM - $30 Free Forex Bonus No Deposit

FXTM Bonus Details

FXTM operates a Reward Points system currently rather than offering no deposit bonuses. The broker matches your first deposit with reward points up to a maximum equivalent of $500. You activate this via promo code during your first deposit. FXTM ran a $30 bonus promotion previously for residents of Afghanistan and Thailand between October 25th and November 24th, 2017. This historical offer required trading 3 lots within 30 days to unlock withdrawal eligibility.

FXTM also offered a FREE 1000 promotion that provided $10 credit (100,000 cents) on CENT accounts to new clients. This program required a $10 deposit and 2 standard lots of trading volume before profit withdrawal became possible.

Key Features and Trading Conditions

The Reward Points promotion applies to Advantage, Advantage Classic, and Advantage Plus live trading accounts. Traders earn points by generating Tier Points through eligible instruments. You receive 25,000 Reward Points for every 2,000 Tier Points earned, with a maximum of 250,000 Reward Points available if you reach 20,000 Tier Points within 30 days.

Terms and Conditions

Reward Points remain non-withdrawable and follow FXTM's Loyalty Program terms. The promotion excludes managed accounts and internal transfers.

How to Claim the Bonus

Login to your FXTM account and go to Funds, then Deposit. Enter the promo code during your first deposit and complete the transaction.

Withdrawal Requirements

No withdrawal applies to Reward Points themselves, though they provide trading advantages within the platform.

Comparison Table

Notes:

• Expired Offers: FBS, HotForex and FXTM no longer provide no deposit bonuses as of 2026
• OctaFX: Does not provide a true no deposit bonus and only gives a 50% deposit bonus
• Regional Restrictions: Most brokers have geographic limitations, so check individual broker terms
• Verification Required: All active bonuses need identity and address verification
• Bonus Non-Withdrawable: Most cases allow only profits to be withdrawn, not the bonus itself

Conclusion

Given these points, you now have access to verified no deposit bonus offers from multiple brokers. Note that three brokers (FBS, HotForex, and FXTM) no longer offer these promotions as of 2026. Verify regional restrictions for your country and read withdrawal requirements before claiming any bonus.

RoboForex, XM, and Tickmill stand out as reliable options with reasonable terms. XM requires only 0.1 standard lots, which makes it beginner-friendly.

Don't chase the highest bonus amount. Focus on brokers with transparent terms, realistic volume requirements, and proper regulation. Start with one bonus and test your strategies. Review whether the platform suits your trading style before committing your own funds.

Key Takeaways

No deposit forex bonuses offer genuine opportunities to start trading without risking personal capital, but success requires understanding the fine print and choosing reputable brokers.

• Three major brokers discontinued their programs: FBS, HotForex, and FXTM no longer offer no deposit bonuses as of 2026, highlighting the evolving nature of these promotions.

• Focus on realistic requirements over bonus size: XM's $30 bonus requiring only 0.1 lots outperforms larger bonuses with excessive volume requirements for most traders.

• Verification is mandatory for all programs: Every active bonus requires identity documents and address proof before activation, so prepare these materials in advance.

• Regional restrictions apply universally: Most brokers exclude specific countries or regions, making eligibility verification essential before registration.

• Profits are withdrawable, bonuses typically aren't: While you can extract trading gains, the bonus credit itself usually remains locked as non-withdrawable trading capital.

The key to success lies in choosing regulated brokers with transparent terms rather than chasing the highest bonus amounts. Start with one offer, master the platform, and use the experience to evaluate whether the broker suits your long-term trading goals.

FAQs

Q1. How do I claim the $30 bonus from XM without making a deposit? Register for a new XM account, complete the verification process by submitting your ID and proof of address, then verify your phone number via SMS in the Members Area. Once approved, the $30 bonus will be credited to your account within 24 hours, allowing you to start trading immediately without any initial deposit.

Q2. Which forex brokers currently offer genuine no deposit bonuses in 2026? RoboForex, XM, InstaForex, Tickmill, PlexyTrade, XChief, and UITFX currently offer active no deposit bonus programs. However, note that FBS, HotForex, and FXTM discontinued their no deposit promotions as of December 31, 2023. Always verify the current status directly with the broker before registering.

Q3. Can I withdraw the bonus amount itself or only the profits I earn? In most cases, the bonus credit itself remains non-withdrawable and serves only as trading capital. However, any profits you generate from trading with the bonus funds can typically be withdrawn once you meet the broker's specific volume requirements and minimum withdrawal thresholds.

Q4. What trading volume do I need to complete before withdrawing profits from a no deposit bonus? Trading volume requirements vary by broker. For example, XM requires 0.1 standard lots plus 5 round-turn trades, while XChief demands 30 standard lots. Tickmill needs 1 standard lot with 8 round-turn trades. Always review the specific withdrawal requirements for your chosen broker before starting to trade.

Q5. Are there geographic restrictions on who can claim forex no deposit bonuses? Yes, most brokers impose regional restrictions. For instance, XM excludes European Union residents, while XChief blocks traders from India, Indonesia, Malaysia, and several other countries. HotForex's previous program was limited to only 15 specific countries. Check your eligibility based on your country of residence before applying.