Forex trading with its unlimited opportunities is indeed promising. However, to get started, of course you need real money so you can achieve profits. But did you know? This obligation no longer applies if you register with a forex broker that provides a No Deposit Bonus.

Basically, the No Deposit Bonus is a special forex broker promotion that provides free capital in a real account. This way, you don't need to prepare any money when you want to do real trading to make profits. Forex brokers usually provide such a bonus to attract traders and gather many new clients.

You don't need to worry if this program will become a too good to be true scenario (which usually ends in fraud), because there will always be a few terms and conditions so that the No Deposit Bonus is not easily misused. Usually, the most common rules of forex brokers that provide No Deposit Bonuses are:

1. The bonus cannot be withdrawn.
2. Profits can be withdrawn with conditions.
3. Cannot be claimed for more than 1 trading account.

Despite these provisions, the No Deposit Bonus is still considered attractive and profitable for most traders because it can provide free trading capital. The following are brokers that offer No Deposit Bonuses and have proven their reliability:

InstaForex

At InstaForex, the No Deposit forex bonus is available in the Start Up program. The amount of bonuses offered is quite unprecedented as it can reach thousands of dollars. At the time of this writing, the amount of InstaForex No Deposit Bonus is $5000.

Steps to Get a Start Up Bonus at InstaForex:

• Register a trading account at InstaForex.
• Claim the bonus by filling in your email address in the Start Up bonus registration form.

Main Conditions for InstaForex Start Up Bonus:

• This bonus only applies to accounts denominated in USD base currency, and cannot be used for trading on MT5.
• The bonus is credited directly to the trading account and cannot be withdrawn.
• Trading profits can be withdrawn proportionally according to the broker's provisions.

FXOpen

FXOpen is a forex broker that rarely updates promos, but tends to be consistent in offering bonus programs and long-term contests. For the No Deposit Bonus, this broker has been offering it for a long time on STP accounts.

Guide to Registering $10 No Deposit Bonus at FXOpen:

• Open an STP account on FXOpen.
• Verify your account via mobile number.
• $10 bonus will be added automatically to your STP account.

FXOpen No Deposit Bonus Policy:

• The bonus is credited to the trading account and cannot be withdrawn.
• Profits can be withdrawn after trading with a minimum volume of 2 lots.
• This bonus is not compatible with other FXOpen bonuses.
• Not available for Algerian, Indonesian, Pakistani, and Bangladeshi traders.

Tickmill

Tickmill specifically provides a Welcome Bonus account to facilitate the No Deposit Bonus. The nominal prize earned by new traders is $30.

Guide to Registering a $30 Welcome Account at Tickmill:

• Register at Tickmill by opening a Welcome Account.
• Check your email to get login credentials.
• After logging in, the $30 bonus will be sent directly to your Welcome Account and can be used for trading.

Tickmill Welcome Account Policy:

• The bonus is not available in several countries, namely Algeria, Armenia, Australia, Azerbaijan, Belarus, Bulgaria, Georgia, Hong Kong, Iceland, Israel, Kazakhstan, Liechtenstein, Macau, Moldova, Morocco, Norway, Palestine, Switzerland, Taiwan, Tunisia, Yemen, North Korea, Iran, United States, Indonesia, Venezuela, Vietnam, Lesotho, Pakistan, Bangladesh, Ghana, Egypt, Russia, Ukraine, Uzbekistan, Kyrgyzstan, Tajikistan, Turkmenistan, and Kenya.
• Bonus must be claimed within 14 working days after Welcome Account registration.
• The bonus can be withdrawn after the trader verifies the account, trades a minimum of 5 lots, and deposits a minimum of $100 in the Tickmill Wallet.
• The minimum amount for withdrawing profits is $30.

RoboForex

RoboForex offers a $30 No Deposit Bonus to all new clients who register on Pro and Pro Cent accounts. Both accounts are equipped with market execution and a floating spread of 1.3 pips, an ideal trading condition for many types of traders.

Guide to Registering $30 Welcome Bonus at RoboForex:

• Open a new account at RoboForex, and make sure to select the Pro or Pro Cent account type.
• Verify your account.
• Deposit $10 to verify the payment system.
• After the $30 bonus is added to the account, the initial $10 deposit can be withdrawn.

RoboForex Welcome Bonus Policy:

• This bonus does not apply to RoboForex traders who are already registered in other No Deposit Bonus programs.
• Bonus is not available for Indonesian and Pakistani traders.
• No need to verify your cellphone number to get the bonus.
• Fund deposits can be made via China UnionPay, Maestro, MasterCard, and VISA cards.

Tips for Using No Deposit Bonuses

To overcome the difficulties of the No Deposit Bonus terms and conditions is actually easy. You just need to have the mindset that the free capital provided by a forex broker is a facility to make your trading easier, not as free money that you can easily withdraw at any time. If you can apply this mindset, then you will not be trapped in broker bonus schemes that are "said" to be designed to ensnare traders.

In general, there are 5 wise tips for using the No Deposit bonus so you can get the most out of it:

1. Choose a forex broker that provides a No Deposit Bonus carefully.
2. Learn the terms and conditions of the No Deposit Bonus.
3. Don't be motivated by chasing bombastic bonuses, make sure the terms and conditions are in accordance with your trading conditions.
4. Treat the No Deposit Bonus as free capital for forex trading, not money that you can withdraw.
5. Stay consistent with your trading plan even if the bonus withdrawal conditions require you to be more aggressive. Remember, your trading goal is to gain profit according to your plan and not to withdraw the No Deposit bonus.

End Words

The free capital provided in this promo is not only used by beginner traders or those with limited capital, but can also be used by experienced traders who want to test the reliability of a broker, or simply to try out a new system without real risk.