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8 Best Brokers with a Forex No Deposit Bonus

Best Forex No Deposit Bonuses

 

The Top 8 Best Forex Brokers with a No Deposit Bonus Offer revealed. We have rated and reviewed the best Forex Brokers who require No Deposit to claim a Bonus.

 

This is a complete listing of The 8 Best Forex Brokers with a No Deposit Bonus Forex OfferIn this in-depth write-up you will learn:

 

  • Who is the Best No Deposit Broker suited to Beginner Traders?
  • Pros and Cons of No Deposit Accounts.
  • Forex Bonus Offers and how they work.
  • The Minimum Cost of Trading Forex

 

and much, much more!

 

Forex Bonus – A Definition

 

A Forex Bonus refers to a special promotion offer made available by a Broker with the objective of introducing new clients to its services offered, attracting new clientele, supporting high trading activity, and encouraging new deposits.  A select few brokers will offer a No Deposit Bonus Option.

 

🔎 Broker💰 Bonus Amount🚀 Open an Account
🥇 JustMarkets✅ $30 USD👉 Click Here
🥉 InstaForex✅ $1000 USD👉 Click Here
🥈 FBS☑️ $140 USD👉 Click Here
🏅 SuperForex☑️ $88 USD👉 Click Here
📌 Axiory✅ $25 USD👉 Click Here
📌 Tickmill☑️ $30 USD👉 Click Here
📌 RoboForex✅ $30 USD👉 Click Here
📌 XM☑️ $30 USD👉 Click Here

 

 

8 Best Forex Brokers with a Forex No Deposit Bonus (2022)

 

  1. JustMarkets – $30 Welcome Bonus
  2. FBS – Recommended for Beginner Traders
  3. InstaForex – Overall, Best Broker with a No Deposit Bonus Offer
  4. SuperForex – $88 Forex No-Deposit Bonus
  5. Axiory – Simple No-Deposit Bonus Claim
  6. Tickmill – Lowest Spread No Deposit Bonus Broker
  7. RoboForex – Award-Winning Broker
  8. XM – Multiple Forex Options Offered

 

JustMarkets Review

 

 

JustMarkets

 

Overall, JustMarkets can be summarised as a trustworthy broker that provides Contracts for Difference (CFDs) and low spreads on 90+ financial instruments. JustMarkets is regulated by the Finacial Services Authority (FSA) and has a trust score of 88 out of 100.

 

JustMarkets Overview

 

🔎 Broker🥇 JustMarkets
🏛️ HeadquarteredCyprus
🏛️ Global OfficesCyprus, Seychelles
🏛️ Holding companyJust Global Markets Ltd.
⚖️ RegulationSeychelles Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySec)
📌 Account Types6
☪️ Islamic Account✔️ Yes
💰 Min. Deposit$1 USD
✅ Trading Indices11
☑️ Trading Stocks73+
📈 Max. Leverage1:3000
📉 Spreads from0.0 Pips
📊 Min. Lot Size0.01 lot
➕ Max. Lot Size100 lots
💵 Deposit FeeNone
💳 Withdrawal feeNone
⚙️ MT4✔️ Yes
💻 MT5✔️ Yes
🚀 Open an Account👉 Click Here

 

Justmarkets overview

 

 

JustMarkets No Deposit Bonus

 

JustMarkets does offer a Sign-up Bonus of $30 USD  upon opening a new JustMarkets live trading account.  No deposit is needed in order to earn a $30 USD Sign-up bonus.  An up to +120% deposit bonus is additionally made available.

 

🔎 Broker🥇 JustMarkets
🎉 Sign Up Bonus✅ Yes
📌 Offer 1$30 USD
💵 Deposit NeededNone
📌 Offer 2Up to 120% Bonus
💵 Deposit LimitNone
🚀 Open an Account👉 Click Here

justmarkets welcome bonus

justmarkets 120 Bonus

 

JustMarkets Pros and Cons

 

✔️ Pros❌ Cons
MAM accountsUS clients not accepted
Excellent EducationHigh Spreads

 

Overall Rating

4.4/5

Rated #72 of
Recommended FX Brokers

💰Minimum Deposit

USD 1

🌐 Regulators

FSA, CySec

📱 Trading Desk

MT4, MT5, MT4/5 WebTrader, mobile (iOS & Android)

Crypto

Yes

📈 Total Pairs

☪️ Islamic Account

Yes

📊 Trading Fees

Low

🕒 Account Activation Time

24 Hours

🏛️ Visit Broker

 

InstaForex Review

 

InstaForex

 

Overall, InstaForex is considered a low-risk and can be summarized as trustworthy and reliable. InstaForex is regulated by the top-tier CySEC and FSC.

 

InstaForex Overview

 

🔎 Broker 🥇 InstaForex
📌 RegulationCySEC, BVI, SVGFSA
🎉 No Deposit Bonus☑️ Yes
❤️ Bonus Amount$1000 USD
☪️ Islamic Account✅ Yes
🆓 Demo Account☑️ Yes
➕ Max Leverage1:1000
🚀 Open an Account👉 Click Here

 

InstaForex Landing Page

InstaForex No Deposit Bonus

 

InstaForex does offer a No-Deposit Sign-Up Bonus of $1000 USD.  No minimum deposit is required to earn a bonus amount of $1000 USD.

 

🔎 Broker🥇 InstaForex
🎉 No Deposit Bonus☑️ Yes
❤️ Bonus Amount$1000 USD
✅ AvailabilityImmediate Credit
🚀 Open an Account👉 Click Here

 

InstaForex No Deposit Bonus

 

InstaForex Pros and Cons

 

✅ Pros❌ Cons
High LeverageWebsite not User friendly
Large Choice of AssetsHigh Spreads

 

 

Overall Rating

4.8/5

Rated #40 of
Recommended FX Brokers

💰Minimum Deposit

USD 1

🌐 Regulators

CySEC, FSC

📱 Trading Desk

MetaTrader 4

Crypto

Yes

📈 Total Pairs

4

☪️ Islamic Account

Yes

📊 Trading Fees

Low

🕒 Account Activation Time

24 Hours

🏛️Visit Broker

 

 

FBS Review

 

FBS

 

FBS can be summarised as a trustworthy broker with a good reputation that provides Contracts for Difference (CFDs) and trading facilities on shares, forex, commodities, cryptocurrencies, ETFs, options, and indices to a global market.  FBS offers quality education material, friendly trading conditions, and research tools.

 

FBS Overview

 

🔎 Broker🥇 FBS
💰 Minimum Deposit$1 USD
📝 RegulationFSCA, CySEC
🎉 Welcome Bonus✅ Yes
☪️ Islamic Account✅ Yes
🆓 Demo Account✅ Yes
➕ Max Leverage1:3000
🔁 Spreads from0 Pips
☑️ Spread TypeFixed, Floating
📈 Copy Trading✅ Yes
🛑 Inactivity Fee❌ No
💻 Trading PlatformsMT4, MT5
⚙️ Trading Instruments100+
🚀 Open an Account👉 Click Here

 

FBS Safety and Security

 

FBS No Deposit Bonus

 

FBS makes multiple Sign Up Bonus offers available to new and current clients.  This includes a Level up, CashBack, Quick Start, and 100% Deposit Bonus offer.  Investors can open an FBS Level Up Bonus account to receive $70 free in FBS Personal Area and $140 free in the FBS Personal Area app.

 

🔎 Deposit🎉 100% Deposit Bonus
☑️ CategoryTrader Bonus
❤️ Bonus Amount100% Deposit Bonus
⌛ Bonus PeriodUnlimited
💰 Trader ProfitUnlimited
🤝 ConditionsCredit on Request
🚀 Open an Account👉 Click Here

 

FBS Bonus 1 FBS Bonus 2 FBS Bonus 3 FBS Bonus 4 FBS Bonus 5

 

FBS Pros and Cons

 

✔️ Pros❌ Cons
Negative Balance ProtectionLimited Tradable assets
Excellent RegulationLimited Trading Platforms

 

 

Over 16 000 000+ Traders

Overall Rating

4.7/5

Rated #71 of
Recommended FX Brokers

💰Minimum Deposit

USD 1

🌐 Regulators

IFSC, FSCA (south africa), ASIC, CySEC

📱 Trading Desk

MetaTrader 4, MetaTrader 5

Crypto

Yes

📈 Total Pairs

250

☪️ Islamic Account

No

📊 Trading Fees

Low

Welcome bonus

$140 (Find out More)

🕒 Account Activation Time

24 Hours

🏛️ Visit Broker

FBS

 

 

 

 

SuperForex Review

 

SuperForex

 

Overall, SuperForex can be summarised as a trustworthy broker with a low spread offering and a user-friendly trading app. Superforex has high trust and a trust score of 91 out of 99.

 

SuperForex Overview

 

🔎 Broker🥇 SuperForex
📌 RegulationIFSC
💳 Minimum deposit$1 USD
🔁 Average spread fromVariable
💵 Commissions fromNone
💳 Deposit/Withdrawal Fees✔️ Yes
📈 Maximum Leverage1:1000
➕ Bonuses✔️ Yes
🤝 Customer Support24/5
🚀 Open an Account👉 Click Here

 

SuperForex Landing Page

 

SuperForex No Deposit Bonus

 

SuperForex does offer a No Deposit Bonus of $88 USD  upon opening a new SuperForex live trading account.  No deposit is needed in order to earn a $88 USD Sign-up bonus.  A second $99 USD, $10 USD deposit bonus is additionally made available.

 

🔎 Broker🥇 SuperForex
🎉 No Deposit Bonus☑️ Yes
❤️ Bonus Amount$88 USD
📌 AccountStandard Live
🚀 Open an Account👉 Click Here

 

SuperForex No Deposit Bonus

 

SuperForex Pros and Cons

 

✔️Pros❌Cons
Social trading supportedOffshore regulation
MetaTrader 4 supportedOnly one trading platform supported
Managed accounts offered

 

 

Overall Rating

4.5/5

Rated #195 of
Recommended FX Brokers

💰Minimum Deposit

USD 1

🌐 Regulators

IFSC

📱 Trading Desk

Meta Trader 4

Crypto

Yes

📈 Total Pairs

300

☪️ Islamic Account

No

📊 Trading Fees

Low

🕒 Account Activation Time

24 Hours

🏛️ Visit Broker

 

Axiory-broker-review

 

Axiory

 

Overall, Axiory can be summarised as a reliable and rewarding broker that is very competitive in terms of its trading fees (against major currency pairs). The spread is also very low and is considered average-risk.

 

Axiory Overview

 

🔎 Broker🥇 Axiory
📈 Execution TypeNo Dealing Desk
💰 Min Deposit$10 USD
💻 Trading PlatformsMT4, MT5, cTrader
☪️ Islamic Account✅ Yes
🆓 Demo Account☑️ Yes
📌 Segregated Accounts✅ Yes
🚀 Open an Account👉 Click Here

 

Axiory Landing Page

 

Axiory No Deposit Bonus

 

Axiory does offer a No-Deposit Sign-up Bonus of $25 USD  upon opening a new Axiory live trading account.  No deposit is needed in order to earn a $25 USD Sign-up bonus.

 

🔎 Broker🥇 Axiory
🎉 No Deposit Bonus✅ Yes
❤️ Bonus Amount$25 USD
🚀 Open an Account👉 Click Here

 

Axiory No Deposit Bonus

 

Axiory Pros and Cons

 

✔️Pros❌Cons
Financial Commission memberUSA, Canada, Indonesia, Russia Clients not accepted
RegulatedLimited financial instruments offered
Segregated client fundsCryptocurrency trading not offered
cTrader, MetaTrader 4, MetaTrader 5Fixed spread accounts not offered
Competitive trading conditionsAdditional commissions on Islamic Account
Demo account offeredOffshore regulation

 

 

Overall Rating

4.7/5

Rated #184 of
Recommended FX Brokers

💰Minimum Deposit

$10

🌐 Regulators

MFSC, IFSC, FCA

📱 Trading Desk

MetaTrader4, MetaTrader5,  cTrader, CopyTrade

Crypto

No

📈 Total Pairs

62

☪️ Islamic Account

Yes

📊 Trading Fees

Low

🕒 Account Activation Time

24 Hours

🏛️ Visit Broker

 

 

Tickmill Review

 

Tickmill

 

Overall, Tickmill can be summarised as a trustworthy broker that provides Contracts for Difference (CFDs) and low spreads on 62+ trading instruments. Tickmill is regulated in one tier-1 jurisdiction and two tier-2 jurisdictions and it has a trust score of 94 out of 100.

 

Tickmill Overview

 

🔎 Broker🥇 Tickmill
💰 Min. Deposit$100 USD
📝 RegulationCySEC, FCA, FSA, FSCA, Labuan FSA
💻 Trading PlatformMetaTrader4 and MetaTrade5
₿ Crypto☑️ Yes
📌 Total Pairs62
☪️ Islamic Account☑️ Yes
💵 Trading FeesLow
🚀 Open an Account👉 Click Here

 

Tickmill Landing Page

 

Tickmill No Deposit Bonus

 

Tickmill does offer a No-Deposit bonus of $30 USD. A Trader does not need to deposit to earn a deposit of $30 USD.  The Tickmill sign-up bonus is structured as a $30 USD Welcome Account.

 

🔎 Broker🥇 Tickmill
🎉 Sign Up Bonus✅ Yes
📌 Structure$30 USD Welcome Account
💰 Min DepositNone
🚀 Open an Account👉 Click Here

 

Tickmill Sign Up Bonus

 

Tickmill Pros and Cons

 

✅ Pros❌ Cons
Well-RegulatedLimited Platforms
Full MetaTrader SuiteLess Competitive Pricing on Classic account

 

 

Overall Rating

4.7/5

Rated #3 of 
Recommended FX Brokers

💰Minimum Deposit

USD 100

🌐 Regulators

CySEC, FCA, FSA, FSCA, Labuan FSA

📱 Trading Desk

MT4, MT5

Crypto

Yes

📈 Total Pairs

62

☪️ Islamic Account

Yes

📊 Trading Fees

Low

🕒 Account Activation Time

24 Hours

🏛️ Visit Broker

 

 

RoboForex Review

 

RoboForex

 

Overall, RoboForex can be summarised as a credible and trustworthy broker with advanced trading tools for pro-traders. Roboforex offers 24/7 support with a trust score of 88 out of 99.

 

RoboForex Overview

 

🔎 Broker🥇 Roboforex
⚖️ Regulating AuthoritiesIFSC
🌐 Countries not accepted for tradeUS, Canada, Australia, and Japan
☪️ Islamic account✔️ Yes
👍 Demo Account✔️ Yes
📈 Maximum Leverage1:2000
💰 Minimum Deposit$10 USD
💻 Platform TypesMT4, MT5, cTrader
🚀 Open an Account👉 Click Here

 

Roboforex Landing Page

 

RoboForex No Deposit Bonus

 

RoboForex does offer a No-Deposit bonus of $30 USD. A Trader does not need to deposit to earn a deposit of $30 USD.  The RoboForex sign-up bonus is structured as a $30 USD Welcome Account.

 

🔎 Broker🥇 RoboForex
🎉 No Deposit Bonus☑️ Yes
❤️ Bonus Amount$30 USD
🚀 Open an Account👉 Click Here

 

RoboForex Sign Up Bonus

 

RoboForex Pros and Cons

 

✔️ Pros❌ Cons
Tight spreads from 0 pipsNot FCA Regulated
Fast order executionNo fixed spread accounts

 

 

Overall Rating

4.7/5

Rated #57 of
Recommended FX Brokers

💰Minimum Deposit

USD 10

🌐 Regulators

IFSC

📱 Trading Desk

MetaTrader 4

Crypto

Yes

📈 Total Pairs

32

☪️ Islamic Account

No

📊 Trading Fees

Low

🕒 Account Activation Time

24 Hours

🏛️ Visit Broker

 

 

XM Review

 

XM

 

Overall, XM.com is considered a trustworthy broker with average risk with spreads as low as 0.6 pips and an above-average trust score of 84 out of 99. XM Group is not a publicly-traded company but is authorized by two tier-1 regulators (high trust)

 

XM Overview

 

🔎 Broker🥇 XM
📝 RegulationFCA
🎉 Bonus☑️ Yes
🔁 Spreads from0.6 Pips
🆓 Demo Account✅ Yes
💰 Min. Deposit$5 USD
🚀 Open an Account👉 Click Here

 

XM Landing Page

 

XM No Deposit Bonus

 

XM does offer a No-Deposit bonus of $30 USD. A Trader does not need to deposit to earn a deposit of $30 USD.  The XM sign-up bonus is structured as a $30 USD Welcome Account.

 

🔎 Broker🥇 XM
🎉 No Deposit Bonus☑️ Yes
❤️ Bonus Amount$30 USD
📌 AvailabilityImmediate
🚀 Open an Account👉 Click Here

 

XM No Deposit Bonus

 

XM Pros and Cons

 

✔️ Pros❌ Cons
Low stock CFD and withdrawal feesLimited product portfolio
Easy and fast account openingAverage forex and stock index CFD fees
Great educational toolsNo investor protection for non-EU clients

 

Overall Rating

4.5/5

Rated #68 of
Recommended FX Brokers

💰Minimum Deposit

USD 100

🌐 Regulators

IFSC, CySec, ASIC

📱 Trading Desk

MT4

Crypto

Yes

📈 Total Pairs

55

☪️ Islamic Account

Yes

📊 Trading Fees

Low

🕒 Account Activation Time

24 Hours

🏛️ Visit Broker

XM

 

 

Conclusion

 

👉 Now it is your turn to participate:

 

➡️ Which No Deposit Bonus broker from this list do you intend to test out?

➡️ What was the determining factor in your decision to engage with a certain broker?

➡️ Was it because of the Bonus Amount or because of the Pros and Cons?

 

👉 Regardless, please share your thoughts in the comments below.

 

Frequently Asked Questions

 

Who is the best no deposit forex broker in South Africa to trade with?

There are many well-regulated forex brokers that offer a no deposit bonus who are considered good to trade with; however our research has shown that CM Trading and OctaFX are popular among South African traders looking for a no deposit broker to trade with.

 

Are no deposit brokers in South Africa safe to trade with?

The brokers mentioned in this article are all considered safe to trade with.

 

Which Broker offers the largest No Deposit Bonus?

InstaForex offers a No Deposit bonus of $1000 USD.

 

How will I know my Broker choice is safe?

Traders should select a highly-regulated Forex broker in order to ensure the safety of their information and funds.

 

What is a Sign-Up or Welcome Forex Bonus?

A Forex Bonus refers to a special promotion offer made available by a Broker with the objective of introducing new clients to the services offered.

 

Author Details

Louis Schoeman

Louis Schoeman

Featured Forex and Stocks writer

Table of Contents

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FINEXO Review

Overall, FINEXO is fully regulated by top-tier regulators. It has a trust score of 60 out of 100 and is considered a low-risk trading partner.