Top 6 No Deposit Bonus Forex Brokers 2025
Written by Akash Khanna
Edited by Samuel Black
Fact-checked by Lisa Khan
Last Updated – 20 April 2025
For over four years, BrokersinForex.com has led the way in reviewing various online forex and stock brokers. Each year, we gather extensive data and provide in-depth research to help you make informed decisions on your choice for forex and stock brokers. Learn more below!
- Top 6 No Deposit Forex Brokers
- What are the No Deposit Forex Brokers?
- Comparison of No Deposit Forex Brokers
- What Exactly Does No Deposit Forex Broker Mean?
- How to Claim No Deposit Forex Bonus?
- Is No Deposit Bonus Forex Trading Legit?
- How to Turn a No Deposit Bonus into Real Profits?
- Regulated No Deposit Bonus Forex Brokers
- Forex Trading With Zero Capital: Real Stories
- The Pros and Cons of Starting Forex Trading with a No Deposit Bonus
- Top 5 Islamic Forex Brokers Offering No Deposit Bonuses
- Can You Withdraw Profits from a No Deposit Bonus?
- Which No Deposit Forex Bonuses Are Still Active?
Top 6 No Deposit Forex Brokers
So, you’re curious about forex trading, but a bit scared to lose your money? Totally understandable lah. No one wants to throw money into something they’re not 100% sure about.
That’s why finding a good no deposit forex broker is such a smart move. Lucky for you – we at BrokersinForex.com have done the heavy lifting and compiled all of the BEST top Forex Brokers in 2025 that are currently offering amazing deals on No Deposit Forex Accounts.
These brokers give you a free bonus to start trading—no deposit needed, no commitment, no risk to your own wallet. You get to test the real market, make real trades, and if you make profits (and meet the conditions), you can actually cash out.
In short: Free bonus. Real trading. No deposit. Fantastic ain’t it?
Let’s check out some of the best no deposit forex broker offers and their terms & conditions for easy reference in 2025 right below.
1. XM – $50 Free No Deposit Bonus (Highest Offer!)
First up, we have XM, one of the most popular brokers in the world today. Their $30 No Deposit Bonus is super easy to claim. You just register, verify your account, and boom—you’re ready to trade.
XM is solid if you’re looking for a no deposit forex broker in that’s beginner-friendly and trusted.
Terms of XM’s No Deposit Bonus:
- Get an amazing $50 No Deposit Bonus with no additional deposit
- Bonus credited automatically after account fully verified
- Can withdraw profits after meeting trading volume (5 standard lots or 10 micro lots)
- Various countries local banks available – deposit/withdrawal using local banks such as in Malaysia, Singapore and various other countries around the world)
- Clean platform, easy to use
- Bonus available till 31 December 2025 – Hurry up and claim yours!
2. HFM (formerly HotForex) – $35 No Deposit Bonus
HFM, previously known as HotForex, offers a $35 no deposit bonus—a bit higher than most, so you have more margin to play with.
HFM is a top choice if you want a little extra cushion while learning how to trade.
Terms of HFM’s No Deposit Bonus:
- Claim instant $35 No Deposit Bonus
- Easy signup, bonus activated after verification
- Trade at least 5 lots and withdraw all profits generated
- Bonus is valid to be claimed within 30 days of account registration
- Eligible accounts are Cent / Micro & Premium trading accounts
- Able to trade forex, gold and silver instruments with Welcome Bonus
- Supports various countries local bank transfers easily.
3. JustMarkets (formerly Just Forex) – $30 No Deposit Bonus
JustMarkets, previously known as JustForex) offers a clean and smooth trading experience with their $30 no deposit bonus. Easy to claim and great for testing out trading strategies.
If you want something simple but effective, JustMarkets is one of the most convenient no deposit forex brokers in available today.
Terms of JustMarkets’s No Deposit Bonus:
- Claim a cool $30 No Deposit Bonus
- Open Welcome Account and complete verification
- Withdraw profits of up to $30 within 30 days
- Withdrawal request requires a minimum of $100 deposited into trading account
- Complete a minimum of 5 lots to withdraw
- Valid till 31 December 2025 – so hurry and claim yours!
- Accepts deposits in various local currencies around the world.
4. Tickmill – $30 Welcome Account Bonus
Tickmill keeps things professional. Their $30 Welcome Account Bonus gives you access to real ECN trading conditions, perfect if you want to experience real spreads and execution speed.
Tickmill is a reputable broker that suits traders who want to level up from demo trading but still play it safe.
Terms of Tickmill’s Welcome Bonus:
- Earn an instant $30 Welcome Account Bonus
- A minimum of $30 and a maximum of $100 can be withdrawn from this Welcome Account
- Withdrawal condition of Welcome Account Bonus is to also deposit at least $100 into your MT4/MT5 Tickmill trading account
- Bonus is valid for 60 days after account creation
- Fast execution, low spreads
- Regulated by trusted authorities
5. FXGT – $30 No Deposit Bonus
FXGT is offering a $30 no deposit bonus for new traders—no need to fund your account. Just sign up, complete verification (IC/passport + proof of address), and the bonus will be credited to your MT4 or MT5 trading account.
This is a great way to test real market conditions risk-free, especially if you’re new to forex. Sign up today and start trading without spending a sen!
Terms of FXGT’s No Deposit Bonus:
- Claim instant $30 No Deposit Bonus when you signup
- Register account & complete personal verification to qualify
- Maximum profit withdrawal limit of $200 applies
- Complete a minimum of 2 GT lots to withdraw profits
- Apply for the bonus within 30 days of account verification
6. RoboForex – $30 Welcome Bonus (with $10 Minimum Deposit)
Next, we’ve got RoboForex, offering a $30 Welcome Bonus when you signup. If you’re into fast execution and want to try different platforms like MT4, MT5, or even CopyFX (for copy trading), this one’s for you.
Roboforex is great if you want to test your strategy or just learn the ropes? RoboForex is another excellent no deposit forex broker pick available today.
Terms of Roboforex’s Welcome Bonus:
- Get a $30 Welcome Bonus after registration and verification of identity and phone number and initial minimum $10 deposit is made into your account
- Deposit at least $10 using China UnionPay, Maestro, MasterCard, and VISA cards to qualify for bonus
- Regulated and reliable broker
- Suitable for newbies and experienced traders
- Accepts various local currencytransfers and e-wallets
What are the No Deposit Forex Brokers?
A no deposit forex broker is a forex trading company that gives new traders a free bonus to start trading—without needing to deposit any of their own money first. This bonus usually comes in the form of trading credit (like $30 or $50) that you can use to place real trades in the live market. It’s a great way for beginners to explore forex trading and test a broker’s platform without risking their own cash.
The main idea behind a no deposit bonus is to let traders gain hands-on experience with actual market conditions. Unlike demo accounts, which use virtual money and often don’t reflect real trading stress, no deposit bonuses allow you to feel the real deal—price movement, slippage, spreads, and emotions—while using the broker’s money. If you manage to make profits and meet certain requirements (like trading a specific number of lots), some brokers even allow you to withdraw those profits.
For new traders, this is especially useful because it offers a risk-free way to learn forex and see which broker fits your style. It’s important to remember though, each no deposit forex broker comes with its own terms and conditions—so always read the fine print. Still, if used wisely, these bonuses can be the perfect stepping stone into the world of forex without spending a single sen upfront.
Comparison of No Deposit Forex Brokers
Finding the right no deposit forex broker can feel a bit overwhelming, especially with so many choices out there. That’s why we’ve done the homework for you. We’ve handpicked a list of trusted forex brokers that offer no deposit bonuses, so you can start trading without using your own money. Whether you’re looking for fast execution, beginner-friendly platforms, or easy withdrawal options, we’ve shortlisted the best to match your needs.
Explore our top picks and choose the perfect broker to kickstart your forex journey—risk-free and hassle-free.
What Exactly Does No Deposit Forex Broker Mean?
A no deposit forex broker is a forex trading platform that gives you free trading capital—usually in the form of a bonus—to start trading without needing to put in any of your own money first. This means you can open a real trading account, access the live forex market, and even make profits using the broker’s funds.
It’s a popular choice for beginner traders and around the world who want to learn and experience real trading conditions without financial risk. If you manage to trade successfully and meet the broker’s conditions (like completing a certain number of trades or lots), you can often withdraw the profits you’ve made from the bonus.
In short, a no deposit forex broker gives you a risk-free head start in forex trading. It’s like a trial run with real market exposure—without touching your own wallet.
How to Claim No Deposit Forex Bonus?
Step-by-Step Guide for Beginners in 2025
Claiming a no deposit forex bonus is actually very simple—even if you’re completely new to forex trading. Just follow these easy steps, and you’ll be ready to start trading without spending a single sen.
✅ Step 1: Choose a Trusted No Deposit Forex Broker
First, pick a broker that offers a no deposit bonus from BrokersinForex.com which also accepts worldwide traders. Some top names include XM, RoboForex, Tickmill, HFM, JustMarkets, and SuperForex. Make sure they’re regulated and have good reviews.
✅ Step 2: Register a Live Trading Account
Head over to the broker’s website and sign up. You’ll need to fill in some basic info like your name, email, phone number, and preferred trading platform (usually MT4 or MT5).
✅ Step 3: Verify Your Identity
To unlock the bonus, you’ll usually need to verify your account by uploading a copy of your IC or passport, plus a proof of address (like a utility bill or bank statement). This step is required for security and anti-fraud purposes.
✅ Step 4: Claim Your Bonus
Once your account is verified, go to the broker’s dashboard or promotions page and activate the no deposit bonus. Some brokers apply it automatically, while others may require you to click “claim” or enter a promo code.
✅ Step 5: Start Trading!
That’s it! You’ll receive your bonus (e.g., $30, $50, etc.) in your trading account. You can now start placing real trades in the live market. Just remember to read the terms, especially the lot/trading volume requirements before you can withdraw any profits.
Brokers in Forex Hot Tip:
Even though it’s free money, trade wisely. Don’t go all-in on risky trades just because it’s a bonus. Use it to learn, practice, and grow your skills.
Is No Deposit Bonus Forex Trading Legit?
If you’re wondering whether no deposit bonus forex trading is legit—you’re not alone. With all the offers floating around like “Free $30 to trade!” or “Start trading without depositing!”, it’s normal to be a bit skeptical. But here’s the real deal:
Yes, no deposit forex trading is legit—but only if you choose the right broker. Many reputable international brokers (like XM, Tickmill, HFM, RoboForex, and JustMarkets) offer genuine no deposit bonuses as a way to let new traders test their platform without risking any real money. These brokers are regulated, have millions of clients, and are fully transparent about their terms.
That said, you still need to be careful. Not every bonus offer is worth your time. Some brokers may have unrealistic withdrawal conditions or may not be regulated at all. Always check if the broker is licensed by a known authority (like CySEC, FSC, or FCA), and make sure they accept clients with local support and payment options.
Bottom line? If you stick with trusted names, no deposit forex bonus trading is not only real—it’s a smart way to get started safely.
How to Turn a No Deposit Bonus into Real Profits?
Getting a no deposit bonus is exciting—free trading capital, no risk to your own money, and a real chance to profit. But turning that bonus into actual withdrawable profit takes strategy, patience, and discipline.
If you’re a trader looking to make the most out of it, here are some tried-and-true tips to help you get there.
✅ Understand the Broker’s Terms
Before you place your first trade, read the bonus T&Cs carefully. Most brokers will require you to trade a certain volume (e.g., 3 lots) before you can withdraw any profit. Some might also have time limits or restrict certain trading strategies. Don’t get caught off guard—know the rules before you start.
✅ Start Small, Trade Smart
Don’t go chasing big wins on your first trade. Treat the bonus like real money and use proper risk management. Start with small lot sizes (like 0.01 or 0.02), use stop-loss orders, and avoid overleveraging. Even though it’s “free money,” your goal is to trade like a professional from day one.
✅ Stick to One or Two Currency Pairs
Focus on major currency pairs like EUR/USD or USD/JPY. These pairs usually have tighter spreads and more predictable movement, making them ideal for trading with limited bonus capital. Avoid exotic pairs with high volatility unless you know what you’re doing.
✅ Have a Strategy—Don’t Gamble
Whether it’s scalping, day trading, or swing trading, stick to a plan. Use technical indicators, watch the news, and don’t trade based on gut feeling. Having a consistent strategy increases your chances of turning the bonus into real, withdrawable profit.
✅ Stay Calm, Even If You Lose a Trade
Forex trading isn’t a quick-rich scheme. One loss doesn’t mean the end. Don’t panic, don’t revenge trade, and definitely don’t blow the bonus trying to recover fast. Stay patient and focused on long-term gains.
✅ Track Your Progress
Keep a simple trading journal. Note what trades you made, why you entered, how it went, and what you learned. This helps you improve faster and avoid repeating the same mistakes.
✅ Deposit When You’re Ready to Grow Your Account
Once you’ve met the trading conditions and withdrawn some profits from the no deposit bonus, you’ll gain confidence—and experience. That’s when you might consider making a small deposit to scale up your trading. Now you’re not just lucky, you’re skilled.
Turning a no deposit forex bonus into real profits isn’t easy, but it’s 100% possible—especially if you take it seriously and trade smart. Brokersinforex.com has access to many legit brokers offering these bonuses, so take advantage, learn the ropes, and build your foundation the right way.
Remember: Even though it’s free capital, treat it like your own duit. That mindset is what separates the gamblers from the real traders.
Regulated No Deposit Bonus Forex Brokers
Trading with a regulated forex broker is crucial for your safety and peace of mind—especially in a market full of shady, unlicensed platforms. Regulated brokers are licensed by official financial authorities like the FCA, CySEC, or Labuan FSA, which means they must follow strict rules to protect your money. Your funds are kept in segregated accounts, ensuring they’re not used for the broker’s own expenses. You also get fair and transparent trading conditions, with proper pricing and reliable trade execution. If anything goes wrong, you have the right to file a complaint with the regulator—something you can’t do with unregulated brokers.
On top of that, many regulated brokers support many local banks and offer good customer service, making your overall trading experience much smoother. Bottom line: if you want to trade confidently and protect your capital, always go with a regulated broker.
Forex Trading With Zero Capital: Real Stories
📖 1. Amir from Penang – The Student Who Made RM400 Without Spending a Sen
“I’m a uni student in Penang, and money’s always tight lah. One night, I was watching YouTube and saw a video about forex bonuses. Found out about XM’s $30 no deposit bonus, signed up, and just tried it for fun. I used a basic strategy I learned from TikTok—support/resistance and RSI. Took me about 2 weeks to grow the bonus and hit the withdrawal requirements. Ended up withdrawing RM400 to my Touch ‘n Go wallet. Not bad for zero capital right? Now I’m more serious about learning the market.”
📖 2. Sarah from Shah Alam – Full-Time Mum, Part-Time Trader
“As a stay-at-home mum with two kids, I always wanted to do something productive during nap time. I came across HFM’s $35 no deposit bonus and thought—why not? I watched a few beginner tutorials, played around with the MT4 app, and slowly learned. My trades were small, just 0.01 lots, but I was careful. After a month, I made RM280 in profits, which I actually used to buy groceries. It felt so empowering. I didn’t even know forex was an option before!”
📖 3. Faizal from Johor Bahru – Burned Once, Smarter Now
“I used to think forex was a scam because I lost money with an unregulated broker. Then a friend told me about RoboForex’s no deposit bonus, and I gave it another shot. This time, I did my homework, checked the terms, and only traded majors like EUR/USD. I didn’t make a lot—maybe around RM150—but the experience rebuilt my confidence. Now I only use regulated brokers and treat trading like a real business, not gambling.”
📖 4. Aina from Kuching – From Demo to Real with Zero Risk
“I’d been on demo accounts for 3 months already but never had the guts to go live. Then I found out Tickmill had a $30 welcome bonus—no deposit needed. That was perfect for me. Trading live felt so different; suddenly I had emotions involved! I didn’t make big profits, but I learned more in that 1 week than in 3 months of demo. For me, the bonus wasn’t about making money, it was about bridging the gap between demo and real—and I finally did it.”
📖 5. Hafiz & Liyana – Newlyweds Exploring Forex Together
“My wife and I are both teachers, and we started exploring side incomes during school holidays. We discovered JustMarkets’ $30 no deposit bonus, created accounts together, and turned it into a bit of a fun challenge. She trades using trend-following strategies, and I go full price action. We made about RM500 combined over a few weeks, but more importantly, it became a hobby we enjoy together. We even plan ‘forex date nights’ to backtest trades—macam couple goals sikit la.”
These stories prove that forex trading with zero capital is possible—if done wisely, patiently, and with the right broker. Whether you’re a student, stay-at-home parent, cautious comeback trader, or even trading with your spouse, the no deposit bonus route is a legit and low-risk way to get started today!
The Pros and Cons of Starting Forex Trading with a No Deposit Bonus
Starting forex trading with zero capital sounds like a dream, right?
That’s why no deposit bonuses are so popular among new traders. But like anything else in life, it comes with both ups and downs. If you’re thinking of giving it a go, here’s a quick look at the pros and cons of using a no deposit forex bonus.
✅ The Pros
– No Risk to Your Own Money
You’re literally trading with free money. If you lose, it’s the broker’s loss—not yours. Great for beginners who want to learn without financial pressure.
– Perfect for Beginners
New to forex? A no deposit bonus lets you test the real market (not just demo) and gain experience without putting in your own duit. You get the feel of live trading—emotions and all.
– Withdrawable Profits
Yes, you can actually withdraw profits once you meet the broker’s conditions. Some traders have used these profits for groceries, mobile reloads, or even as capital for future trading.
– Test the Broker’s Platform
You get to try out the broker’s platform (like MT4/MT5), support team, and trading conditions before deciding whether to deposit real money.
– Boosts Confidence
Making even a small profit from a free bonus gives you a huge confidence boost—and that’s important when you’re just starting out.
❌ The Cons
– Strict Withdrawal Conditions
Most brokers require you to trade a certain number of lots before you can withdraw profits. For small bonuses, this can be tough to achieve without overtrading.
– Limited Capital, Limited Flexibility
Let’s be honest—$30 or $50 isn’t much. You won’t be doing large trades, and you’ll have to use small lot sizes. One wrong move could wipe out your bonus quickly.
– Time Limits
Some bonuses come with an expiry date, like 30 or 60 days. If you don’t meet the conditions in time, the bonus disappears.
– Bonus Can’t Be Withdrawn (Only Profits)
You can’t withdraw the bonus itself—only the profit you make from it. So manage your expectations and focus on learning, not just earning.
– Potential Scams from Unregulated Brokers
Not all brokers offering no deposit bonuses are legit. Some might delay withdrawals or have tricky terms. That’s why it’s important to choose regulated brokers that accept worldwide traders.
A no deposit bonus is a fantastic way to dip your toes into forex without spending your own money. Just be aware of the limitations and conditions, and always go with a trusted, regulated broker. For new traders, this can be the perfect low-risk gateway into the forex world—if you use it wisely.
Top 3 Islamic Forex Brokers Offering No Deposit Bonuses
Trade Forex with Zero Capital — the Halal Way
If you’re a Muslim trader looking to enter the forex market without spending any money upfront, you’re probably wondering: “Can I trade forex the halal way… and still get a no deposit bonus?” The answer is yes—you can.
There are several Shariah-compliant forex brokers that offer Islamic (swap-free) accounts along with no deposit bonuses. This means you can start trading real markets without riba (interest), no upfront capital, and stay within Islamic finance principles.
Here are some of the top Islamic forex brokers in that offer no deposit bonuses and accept worldwide clients.
✅ 1. XM – $50 No Deposit Bonus + Islamic Account Option
XM is one of the most trusted brokers globally, and very popular among Muslim traders worldwide. They offer a $30 no deposit bonus, and yes—they also provide Islamic (swap-free) accounts upon request.
Highlights:
$30 no deposit bonus for new accounts
Shariah-compliant trading (no overnight interest)
Regulated by multiple authorities
Supports various local banks worldwide (Maybank, CIMB, etc.)
Fast & transparent withdrawal process
Perfect for: Beginners who want to try forex risk-free and in line with Islamic values.
✅ 2. HFM (HotForex) – $35 No Deposit Bonus + Swap-Free Option
HFM (formerly HotForex) offers a generous $35 no deposit bonus and the ability to open a swap-free Islamic account—with no hidden fees or tricky terms.
Why it’s ideal:
$35 bonus to start trading with zero deposit
Halal trading conditions with no overnight charges
Licensed globally with strong client protection
Malay-language support and local payment options
Perfect for: Muslim traders looking for more bonus margin and user-friendly tools.
✅ 3. Tickmill – $30 Welcome Bonus + Islamic Accounts Available
Tickmill is known for offering professional trading conditions with ECN spreads, and yes—they offer Islamic accountstoo. Their $30 no deposit bonus is a good way to try them out.
Key features:
Bonus valid for 60 days
Swap-free accounts with no riba
Regulated by Labuan FSA (Malaysia) and worldwide
Fast execution, low spreads
Perfect for: Serious Muslim traders who want realistic market experience with halal practices.
Best points:
No overnight interest charges (riba-free)
$50 no deposit bonus—among the highest available
Accepts MYR deposits and supports local e-wallets
Bonus is quick to activate after signup
Perfect for: Muslim traders who want more capital to explore trading strategies without compromising on Islamic principles.
What Makes a Forex Account Islamic?
A Shariah-compliant forex account (also called a swap-free account) avoids riba (interest) by removing overnight swap charges. This ensures the trading environment remains halal. With these brokers, you can request an Islamic account either during signup or by contacting support.
Forex trading can be halal—as long as you’re using a regulated broker that offers Islamic account options and you avoid gambling or interest-based practices. With a no deposit bonus, you can start trading halal and risk-free—a great combo for beginners and cautious traders.
Choose the right broker, activate your swap-free account, and start your forex journey with peace of mind—both financially and spiritually.
Can You Withdraw Profits from a No Deposit Bonus?
Yes, you can withdraw profits from a no deposit bonus, but there’s a catch—you’ll need to meet the broker’s specific terms and conditions first.
Most no deposit forex brokers allow you to keep and withdraw the profits you earn from trading with the bonus, but not the bonus itself.
For example, if you get a $30 no deposit bonus and grow it to $100, the $70 profit might be withdrawable—only if you meet certain requirements. These usually include:
Trading a minimum number of lots (e.g., 1 or 2 standard lots)
Completing verification (IC/passport and proof of address)
No violations of trading rules (like hedging or scalping if it’s restricted)
Also, some brokers have a time limit (like 30 or 60 days) to meet the conditions, or a profit cap (e.g., only the first $100 profit is withdrawable).
So yes—it’s possible to withdraw profits from a no deposit bonus, but make sure to read the bonus terms carefully, trade smart, and follow the rules. That way, you can turn free capital into real cash in your account.
Which No Deposit Forex Bonuses Are Still Active?
All the no deposit forex brokers featured on Brokers in Forex are current and active at the time of publishing. We regularly update our listings to ensure that traders worldwide only see legit, working offers from trusted and regulated brokers.
Whether it’s a $50 bonus from XM, $35 from HFM, or $50 from SuperForex, every bonus listed has been verified for availability, and the brokers accept worldwide clients with local-friendly features like local currency deposits/withdrawals, as well as swap-free accounts.
Still, since promotions can change or expire without notice, we recommend checking the broker’s official website or our latest updates to confirm the limited availability of these promotions on signing up.
