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Detailed guide to the best No Deposit Forex brokers

Detailed guide to the best No Deposit Forex brokers

The year 2021 is going to be kind to the Forex trader, and if you ever wanted evidence of that, you only have to look as far as all of the best Forex no deposit bonus offers made this year. The list of these offers is incredibly long, as the number of brokers is higher than ever and the number of traders seems to be the same way. The growth of the Forex industry is prompting promotions to become more frequent and more generous, but not all of these promotions are worth your time, especially if you are just about now looking to start trading Forex. We are now going to be discussing only the best of the best no deposit bonuses since that is what you are here for.

There are many things that need to be considered when you are looking for a decent no deposit bonus 2021. Things such as where the bonus offer is coming from, how much is being offered, what is being offered, how you will be able to claim it and how much work you will have to put into actually becoming eligible to withdraw the bonus. The details are numerous and the details are important. This is why we have prepped a short list of things for you to consider and pay attention to when you try to pick out the perfect no deposit bonus for yourself. Although, even though the list is comprehensive, it might be missing details that you might discover if you did a bit of research on your own, so never say no to doing your own research.

Our top rated bonus

XM

bonus_size

Bonus Size

30 USD

platform

Platform

MT4, MT5, Web

min_volume

Min. volume

N/A

action

Action

SMS

Tickmill

bonus_size

Bonus Size

$30

platform

Platform

MT4

min_volume

Min. volume

N/A

action

Action

Email

FBS

bonus_size

Bonus Size

$100

platform

Platform

MetaTrader 5

min_volume

Min. volume

5 Lots

action

Action

Verification

 

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What is no deposit bonus?

No deposit bonus FX brokersNo deposit Forex bonus is a perfect offering for beginners to start trading without risking their own funds. Some of the best Forex brokers on the market offer this opportunity to investors around the world. The only thing that traders need to do to use this bonus is to register with an online Forex broker and that’s it, they will get the no deposit bonus.

Forex brokers with no deposit bonus options use this strategy to attract more investors on their market and help potential clients make their final decision. It basically is an offer of ‘free money’ that mostly can not be withdrawn from the trading account but rather trader for future profit.

However, not all of the traders on the market use the no deposit bonus for the same reason. Some of the most experienced Forex traders use this no deposit bonus as a way to learn more about the Forex broker that they are planning to trade with, and it is a very smart thing to do. If you are not sure whether or not a certain broker is the right choice for you, try using their Forex promotions to check out everything about the broker on your own.

In the end, there are no rules on what you use the Forex no deposit bonus for, so it is up to you what you do with this promotion. However, be sure to always use the most respected FX brokers on the market for maximum safety, try to go with the ones that have a reputation of offering a safe and secure trading experience to Forex traders around the world, as those are the ones that usually offer the most beneficial welcome bonus forex packages out there.

Things to pay attention to when looking for a Forex no deposit bonus 2021

Although no deposit bonus is very rewarding, there are a lot of things that you need to know before you choose which FX broker to use. There are a lot of companies that use no deposit way as a way to get more clients, and once the investors come, these companies are violating their rights. So, before you do anything, be sure to carefully read the terms and conditions of the no deposit bonus so that you won’t get lied to.

Regulations

Before you start trading, in general, you need to be sure that you are trusting the right company. The best thing to tell how safe it is to trade with a broker is to look up for the regulatory frameworks and guidelines that the company follows. Many people might tell you that regulations are not important at all, but don’t listen to them. The thing is, FX trading is very risky, and since there are so many companies claiming to be FX brokers, it is very hard to say which one of those no deposit bonus brokers you can trust.

Regulations are the way for you to tell which company you can trust or not. So, before you start trading, be sure that the broker that you have chosen is authorized by the official regulatory body. There are many of them on the market, including those like FCA of the UK, CySEC of Cyprus, ASIC of Australia, and many others.

Also, keep in mind that if you are from Europe, you will not be able to use this promotion. Generally, according to the local regulations in Europe, Forex brokers are not allowed to offer promotions and bonuses to investors, and thus there are no Forex deposit bonus options available to European investors.

Payment methods

Best FX brokers for no deposit bonusPayment methods are the thing that gives you the ability to put your money on your trading account for investment. Make sure that the broker allows you to make payments with different methods so that you can choose your favorite one. In addition, it is very important to check out if the broker will allow you to withdraw the money that you will get with no deposit bonus, as there are some brokers who only offer no deposit Forex bonus options that are non-withdrawable.

Terms for qualification

Most of the welcome bonus 2021 offers will only require a user to register with the broker, as expected. Some will ask you to verify your account, which is justified. But if a company asks for more than that in order to qualify for the bonus, there might be something shady happenings.

Terms for withdrawal

There are of course certain requirements you need to fulfill before you are able to withdraw a bonus, but sometimes a requirement may be a tad too hard to fulfill or a bit too strange. If the broker does not want you to withdraw your profits and deposits, then it might not be all that good.

Broker background

Finally, always make sure that the broker of your choice has a successful Forex trading background. Check for the problems and challenges that it has had in the past and how the broker was able to overcome those challenges to make sure that you can stay safe.

Always be sure that you are staying as safe as possible while trading Forex. Because the field is already very risky, you do not really want to trade with brokers that can not keep your funds safe and secure.

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Top 10 2021 no deposit bonus offers

Now, while we did provide you with a short introduction on how to understand whether you might want to trade with a broker or not and whether you want to take them. Since the guide is so short, we have also decided to dive in deeper into some of the brokers we find to be actually good, or interesting, and into their offers. The no deposit bonuses offered by the brokers are going to remain available throughout most of 2021, but we are not going to stop here. There will be occasional updates to the list and additions or subtractions. This will result from regular checks on the validity of the companies, the offers they are providing to their users, as well as whether we still believe that the companies are trustworthy enough. So don’t forget to check back, regularly, on this list of best no deposit bonus 2021 offers. Something new might come up, something that you might like better than what you have at the moment.

XM

XM is one of the top Forex brokers operating in the industry today. With more than two million registered accounts, these guys have established themselves in the world of Forex trading as one of the most important and reliable retail brokers. It is not easy to achieve such kind of recognition, and can only be done effectively only if the broker does their best to retain a respectable status. In order to do so, the broker has to be able to offer reliable service in terms of trading and customer support, but also be able to offer unique opportunities. In the case of XM, one of these opportunities is their welcome bonus of $30, a promotion that seems to have been going on forever, without any sign of stopping.

*Clients registered under the EU regulated entity of the Group are not eligible for the bonus.

When it comes to the most reliably stubborn and persistently existing no deposit bonus Forex 2021 offers, the XM one seems to be the most impressive one. The offer is simple – create an account with XM, verify it, and you will have a nice and round thirty US dollars deposited into your account immediately. The users will have to fulfill certain requirements, such as the need to trade the $30 within a certain time frame, as well as having to deal with certain withdrawal limits. Although these terms seem to be rather lax, as compared to some of the other bonus offers made around the world, so many a trader will enjoy having this opportunity open to them.

Markets.com Forex Bonus 2021

Markets.com is a relatively well-known broker that has operations all around the world. These guys have been known for many things, some of them less favorable than others, but this comes with the territory and the size. After all, Markets.com has been operating for long enough to have had hundreds of thousands of users over the years. And out of all of those users, not everyone will have been satisfied with the service. Despite this, we find the company has also proven over the years that it is committed to bettering the services it offers. This can easily be seen through the increasing number of positive reviews about the company over the past few years. But it can also be easily noticed in the offers they make to users, new or old and specifically in the offer of bonus no deposit 2021 they have created.

The users are being offered a chance to register with Markets.com with a legitimate retail account, which will allow them to trade real funds on the real market. The reward is $25 deposited to their account, the moment the account is verified. The users will have 90 days to work with the bonus, and any of the profits they make will be rather easy to claim, once the users comply with the requirements of course. The terms and conditions are not too stringent, but they should still be complied with in order to be able to claim the rewards of the no deposit bonus.

Tickmill

Tickmill is one of the biggest retail Forex brokers in the UK market, and they are also one of the most reliable brokers in the industry. These guys are regulated by the UK FCA, the financial regulatory body with the highest standards for the operation of their users. Tickmill has earned itself the name of one of the best known and most worked with retail brokers in the UK, and they have managed to do so successfully and successively over the past few years. Their users report them to be a highly reliable broker, with a support team that provides an amicable service with fast results. What is impressive though is their commitment this year to provide new users with an opportunity to start trading with a large capital than before. Some might feel a little despondent because of the fact that they will not be able to claim this Forex no deposit bonus without verification, but when the funds offered are observed by stiff regulation, it is not something that we should concern ourselves by.

The clients interested in the promotion will be able to receive a $30 no deposit bonus. They will be able to use this money to make a good profit for themselves, but in order to claim that profit, they will have to comply with certain requirements. One of the requirements is the need to deposit at least $100 into their account, in order to be able to claim the bonus and the profits made from the bonus. IF not done, the users will not be able to claim their bonus profits.

ForexChief

ForexChief is one of the few brokers on this list who we are not entirely sure about. They have provided one of the best sounding offers that are available on the market today. The no deposit bonus forex $100 2021 that they are offering is quite generous. There are not that many companies out there offering this amount of money, basically for free, to all users who find them to be useful to them. There are no specific requirements that you need to fulfill in order to qualify for this promotion, but the withdrawal conditions are what makes it a little strange to us. In order to withdraw the profits you make from this promotion, you will have to have traded at least 6 lots with the broker, which is a whole lot of trading that needs to be done. While they do say that every order or trade you make counts as two, it is still a lot of trading that needs to be done before you are able to withdraw the profits from the trades you make with the specified amount.

Moreover, ForexChief does not have the best reputation among all of the users they have had and among the professional reviewers who have worked on finding out about them. This leaves us a little suspicious of this promotion, which is why we do not recommend jumping on the opportunity. Still, we are going to keep it here until we have specific proof that it is not to be taken as a legitimate offer.

FBS welcome bonus Forex 2021

It seems that FBS, a relatively young and lesser-known broker, have decided to do their best in order to establish a name for themselves in the international Forex industry. This year, they are offering potential users a slew of options and chances to start trading with them, without ever depositing a single cent. All of these are opportunities to start trading Forex with no money, also known as no deposit bonuses. Out of the ones we are aware of one is an offer of a $50 no deposit bonus, one is of $88.8 no deposit bonus, one is of $100 no deposit bonus and one more is of a $123 no deposit bonus. The number of these bonus options is high, and the terms for each one of them are different, requiring users to fulfill different levels of requirements in order to be able to withdraw their funds, eventually. The greatest advantage is that it is Forex no deposit bonus without verification 2021.

While we are more than happy to see such a large number of offers provided to potential users by such a Forex broker, we are also a cautious group of people. We are not well versed in FBS and their history, but there have been reports of the company not acting in the best interests of their traders. Their customer support is not necessarily something to be envious of, so we are not entirely sure whether taking these bonuses is a good idea. Still, the high number of offers and the relatively good reviews we have seen of them online result in FBS joining the list of some of the best no deposit bonus offers of 2021.

SuperForex

SuperForex has existed for almost half a decade now, and in this time, they have managed to become a relatively well-known brokerage. But we all know that being relatively well know is not as good as being extremely well known, so this year they have decided to step up their bonus without deposit game. They decided to do so by introducing a new promotion, which would allow traders who had not previously traded with the company, to start trading with them with a nice and safe capital of $50, without ever making a deposit. The offer seems to be rather attractive and has the potential to turn out rather lucrative.

There are certain issues that we do have with this offer though. The company itself has had a rocky history, not always providing a reliable service across the world. So, despite the fact that their EU clients might be safe, there are countries out there that less attention may be paid to by the company. This is why we would like to caution you against getting this promotion, without checking what kind of reputation the company has in your area. Other than that, the bonus is rather easy to get – all you have to do is simply open a retail account with the company and verify it. Then you will receive the $50 on your account and will be able to start trading immediately.

FxOpen

FxOpen is a highly established Forex broker, well known in the industry as one of the oldest companies around. Since their foundation in 2003, they have managed to create a relatively loyal base of traders. Still, the company has not managed to produce as much growth in the number of their traders as they would have wanted or found important, which is why they are still offering the same no deposit bonus Forex 2021 this time around. The promotion is not much in terms of generosity, but the steady rate of its existence and the reliability of the broker offering it makes the promotion worth talking about.

Users who register with the company, and verify their phone number, will be able to receive an extra $10 on their account, which they will be able to apply towards any of the trades they would like to make. Those who wish to use these funds will have a long time to do so, but will only be able to withdraw the profits they make form these funds after they have traded two standard lots with the broker. Two lots are quite a lot of trading, so we would advise you to consider whether the $10 are worth it to you or not.

FXGiants

FXGiants are offering their potential users an opportunity to start trading with them with an already inflated capital, which they do not require a single deposit for. The no deposit bonus Forex broker is offering is quite generous, giving a chance to new users to start trading with a nice bonus $35 on their accounts. This offer lies in the range of average for the entire industry, with a whole slew of brokers offering this kind of promotion. In the case of FXGiants, we would like to emphasize the ease with which they will be able to receive these funds. All the users have to do is register with the company. In order to be able to withdraw the funds, users will have to complete trades of 4 turn lots, which is quite a lot of trading, and to some traders, this might not be worth the trouble of going through with all the trades. Still, it is a nice bonus to be aware of, even if the broker is not something you have heard too much of previously. An extra $35 deposit for free into your account might be the difference between making a whole lot of money in trading and stopping to trade because you don’t have enough capital to trade anymore.

FortFS

FortFS has been on the markets since 2010 and has managed to create a base of traders that are dedicated to the platform as much as the broker is dedicated to the traders. Because of this, the broker makes it onto the list of some of the best Forex welcome bonus 2021 promotions, other than the whole great no deposit bonus opportunity they are providing to their users. Those users who register with the company and then go on to verify the account through whatever means possible will receive a $35 no deposit bonus deposited into their account, as long as they request the bonus of course. There are certain issues we find with the promotion though. Specifically, the fact that the broker makes it amply clear that you will have to do a whole lot of trading before you are able to claim any kind of profits resulting from the no deposit bonus. 20 standard lots is a lot! Still, the reliable nature of the broker makes us believe that this might be a good promotion to get your hands on, even if you just want to try out how well the company actually works.

RoboForex

The RoBoForex way of doing no deposit bonus promotions is very different from what you usually get from brokers around the world. These guys are willing to provide you with a very nice $30 free no deposit bonus 2021, but you will have to jump through a couple of hoops before you get to it. The first hoop is the registration and verification of an account, which is a relatively easy thing to do. But there is more to it – in order to receive the no deposit bonus, you will have to deposit $10, which you will then be able to withdraw. This is a way for them to make sure that you are a reliable trader and actually are registering with them in order to trade. You will, of course, have to trade a required amount of lots before you are able to withdraw the bonus and the profits, which against is another hoop to jump through in order to receive your profits. Still, 30 dollars is 30 dollars, and you might just need that much money to make your trading profitable.

For now, these are all the no deposit promotions that we can think of that seem interesting. But don’t forget to check back soon, in order to see if there are any new forex no deposit bonus 2021 offers out there.

 

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