No deposit bonuses are gifts of free money given away to newly registered traders by certain online forex brokers. Although brokers offer several different types of bonuses, the no-deposit bonus is by far the most popular bonus because it requires no qualifying deposit. Some of the other types of bonuses offered by FX brokers are deposit bonuses, reload bonuses, and refer-a-friend bonuses.
Why Forex Brokers Offer Bonuses
Forex brokers offer bonuses for a number of reasons:
- Competition – There are so many forex brokers in the industry and each forex broker wants to show potential clients that it is the best. One of the ways of doing this is by offering no-deposit bonuses.
- Showcase the Product – No-deposit bonuses serve the purpose of capturing the attention of clients who may sign up just to claim the no-deposit bonus and do some risk-free trading. In this way, brokers not only attract new clients, but also give them a chance to trade for free.
- Incentive to Trade – When an online FX broker offers deposit bonuses, refer-a-friend bonuses, and other types of bonuses to existing clients, it is actually making the trading environment more attractive and giving clients an incentive to stay back and continue to trade.
2025 Bonus Facts and Figures
| Indicator | Value |
| Average size of no-deposit bonus | $30–$100 |
| Percentage of traders using bonuses | Data not exact; usage depends on the broker and region |
| Popular assets for bonus trading | Currency pairs (e.g., EUR/USD, GBP/USD), precious metals (gold, silver) |
| Duration of most bonuses | 30–60 days |
| Minimum trading volume to withdraw bonus | Usually 1–10 lots; exact requirements depend on the broker’s terms |
Pros and Cons of Using Bonuses
Pros:
- Allows you to test brokers
- Builds experience for beginners in 5-10 trades
- Can improve trading discipline while managing small bonus funds
Cons:
- Up to 20% of brokers may impose hidden restrictions on bonuses
- Traders may need to trade 2-3 times more to fulfill bonus conditions
Best Forex Brokers with Free Bonus Offers
Our team did a bit of research and came up with the following forex brokers with free bonus offers. Traders just have to sign up to claim the following bonus offers:
Free $100 from FBS Forex
FBS.com challenges new traders to kick start their trading career with its Trade 100 Bonus. It refers to this bonus offer as a “tool to tone up the brain.”
Traders who claim the Trade 100 Bonus get the following:
- Free $100 – They get $100 in real money, which they can use for trading.
- Develop Skills – The broker also gives clients a complete set of educational material along with the $100 bonus.
- No Deposit Required – Traders don’t have to make any deposit to claim this bonus. They can even make trading profits out of it.
Terms and conditions apply, and here are a few of those terms:
- The bonus offer is available only on the MetaTrader 5 platform.
- 01 lot is the order volume.
- Traders can withdraw up to US$100 in profits.
- Traders should put in at least 30 active trading days.
- They should have traded a minimum of 5 lots during that period.
Instaforex No Deposit Bonus
Instaforex offers a startup bonus of $1500, and it is a no-deposit bonus. This means that players can claim $1500 without making any qualifying first deposit. They can start trading without taking any risks or making any investments.
This bonus offer comes with the following terms and conditions:
- All new clients of Instaforex are eligible to claim this bonus.
- The startup bonus is not available on cent accounts.
- Clients cannot withdraw their bonus amount.
- However, they can withdraw up to 10% of the profits they make from using the Startup Bonus.
- Clients cannot invest their startup bonus in PAMM accounts, but they can use it to copy trades through the ForexCopy System.
FXTM Titans Demo Contest
| Fact | Description |
| Promotion Name | Titans Demo Trading Contest |
| Organizer | ForexTime (FXTM) |
| Trading Mode | Demo trading with virtual funds |
| Prize Pool per Round | $20.000 |
| Top Prize (1st Place) | $10.000 |
| Other Prizes | $5.000 (2nd), $2.400 (3rd), $1.600 (4th), $1.000 (5th) |
| Eligibility | Existing or new FXTM account holders |
| Objective | Achieve the highest profit to win |
| Purpose | Test strategies, improve skills, and win real money without risking own funds |
Here are some of the terms and conditions of the contest:
- The contest applies only to trading CFDs in precious metals and forex.
- The contest applies only to MT4 accounts in USD.
- Only trade positions kept open for over five minutes are considered.
A-Markets’ Double Your Trading Deposit
| Fact | Description |
| Promotion Name | Double Your Trading Deposit |
| Bonus Amount | 100% of the deposit |
| Minimum Deposit | $100 |
| Maximum Bonus per Client | $10.000 |
| Eligible Accounts | Fixed and Standard |
| Platform | MetaTrader 4 |
| Bonus Usage | For trading only |
| Trading Turnover Requirement | Bonus amount / $3 |
| Included Assets for Turnover | Closed trades on currency pairs only |
| Bonus Credit Timeframe | Within 7 days after deposit |
Terms and Conditions
- Bonus is credited to Fixed and Standard accounts
- Full verification is required
- Bonus cannot be withdrawn directly
- Only closed transactions on currency pairs are included in the calculation of trading turnover.
- Maximum bonus amount is $10.000
- A-Markets reserves the right to terminate the promotion without prior notice
Conclusion
Forex bonus offers are attractive. However, traders should understand that the brokers design bonus offers with the intention of attracting clients and giving them an incentive to trade. Traders should never make the mistake of considering bonuses to be free money even if the broker uses the word “free” in association with the bonus.
Also, brokers never “give away” any money to traders. The bonus you have received from the broker is still the broker’s money mixed with your deposit amount and you have to do a lot of hard trading to meet the lot requirements if you want to make a payout request. Bonus terms are quite tough and unreasonable at several brokers as a result of which new traders have to spend a long time meeting the lot requirements just to withdraw their money.
Trading experts advise beginners never to claim bonuses. But this does not mean that all bonus offers are bad. To be on a safe side, traders should read the bonus terms thoroughly and clarify doubts, if any, with a customer care representative before claiming a bonus. Our advice to traders is to stay informed, research bonus offers well, get familiar with the fine print, and claim bonus offers only if they can satisfy the lot requirements.