Trade live markets with the broker's money, not yours. Every bonus below is compared on what really matters: lot target, profit cap, time limit and who is allowed to claim it.
Hand-picked offers with clear terms and a realistic path to withdrawing profit.
The largest mainstream credit on this list. After verification, a temporary funded account opens with $150 so you can test execution and spreads on real pricing.
A higher tier of XM's well-known trading bonus, rotated between countries. If your region qualifies, it is one of the cleanest offers available — profits can be withdrawn without extra deposit rules.
The standard version, open in many countries. Not available to clients registered under XM's EU entity. A good first bonus because the rules are short and easy to follow.
A long-running welcome program for verified new clients. Leverage is high, so position sizing matters — a small bonus disappears quickly if you over-trade it.
Free starter credit from a low-entry broker. When you're ready to add funds, a 30% deposit bonus can follow, so the account grows with you.
A separate welcome account for testing Tickmill's execution. Profit above the bonus can be withdrawn up to a $100 cap — a clear, published limit, which is exactly what you want.
Filter by withdrawal rules, search a broker, or sort by bonus size.
Welcome credit of up to $333 for new eligible traders, with zero deposit needed to start.
Promotional credit after free sign-up and identity check; profits from it are withdrawable.
A $100 starter for testing strategies and order execution with real funds instead of a demo.
Structured welcome bonus that lets new users enter live markets without any initial capital.
Traders Initiative: selected applicants get a $100 funded live account to trade.
Special $50 credit for new sign-ups — trade straight away without funding the account.
$50 for first-time traders to experience live CFD trading before committing money.
$35 welcome credit on MT5 for eligible users who open and verify a new account.
Free $30 account from a long-established broker — real market access, nothing to fund.
$30 no deposit credit from an FSCA-regulated broker for trading live without risk.
Trading credit for forex and CFDs, granted to eligible new clients with no initial deposit.
Sign-up bonus worth $30 in trading credit — complete registration and verification to unlock.
A simple $30 welcome credit aimed at beginners taking their first live trades.
Free $30 account reserved for new MT4 Prime account holders in USD, EUR, GBP or JPY.
$25 free capital, limited to the first 1,000 successful registrations — act early.
Cash bonus for verifying your phone number — one of the easiest rewards to unlock.
$10 on MT5. Trade 5 lots to unlock withdrawal of up to $20 profit.
Small starter credit from a newly listed broker — useful for a quick platform test.
Risk-free start: $10 in a real account, built for complete beginners.
Small no deposit credit from a multi-jurisdiction broker group for new clients.
Company-funded $5 live account; both the bonus and profit can be withdrawn under its rules.
Credited automatically on registration, but withdrawing profit is tied to later deposit conditions.
$150 credit valid for 30 days after activation; usable for trading only, not cash-out.
Trading credit for eligible new clients; withdrawing profit may need a qualifying deposit.
$30 promo account for forex, metals and futures; $10–$150 profit unlocks after volume and extra steps.
Welcome account to test live conditions; profit withdrawal follows the broker's deposit terms.
Exclusive to Sri Lanka residents — $25 to start, with withdrawal terms tied to funding.
No broker matches your search. Try another name.
Before you claim: promotions change without notice. Treat the amounts here as a guide and always open the broker's own bonus terms page before registering.
Think of a no deposit bonus as the broker paying for your first lesson on a live server. You get a small amount of real trading power, the broker gets a verified client who has already seen its platform from the inside. Neither side expects you to get rich from it — and once you see it that way, the rules start to make sense.
Unlike a demo account, a bonus account runs on the broker's real execution engine. Your orders fill at live prices, you pay the real spread, and slippage during fast markets is real. That is the true value: a demo never shows you how a broker behaves when price jumps, but a bonus account does — at no cost to you.
What you do not get is free cash. The credit is a tool for trading, not money you own. Everything in the terms is built around one goal from the broker's side: making sure the credit is actually traded before any profit leaves the account.
Open the Trade tab in MetaTrader after the bonus lands and you will often see Balance: 0.00 and Credit: 30.00. That detail confuses many first-time claimers, so it is worth understanding.
Watch the stop-out: if open losses push equity down to the broker's stop-out level, positions close automatically and the credit is usually cancelled with them. A bonus account has no "second chance" deposit to absorb a bad trade.
Most bonus guides tell you to "check the lot requirement". Few explain what that requirement actually costs you. Every lot you trade pays the spread, and the spread on a bonus account is real money taken out of your equity before price moves a single pip in your favour.
On a major pair like EUR/USD, one pip on one standard lot is worth about $10. So the spread you pay to complete a lot target is roughly:
Spread cost ≈ lots required × spread in pips × $10
Put real numbers into that and the picture changes fast:
| Lot target | Spread 0.8 pips | Spread 1.5 pips | Verdict for a $30 bonus |
|---|---|---|---|
| 1 lot | $8 | $15 | Comfortable |
| 2 lots | $16 | $30 | Tight on wide spreads |
| 5 lots | $40 | $75 | Costs more than the bonus |
| 10 lots | $80 | $150 | Only realistic for large credits |
A bigger number on the banner does not mean a better bonus. To compare offers fairly, we score each one out of 100 using six weighted questions. You can use the same method on any offer you find.
| Question | Weight | Full marks when… |
|---|---|---|
| Are the withdrawal rules written in plain numbers? | 25 | Lot target, cap and expiry all stated on one page |
| Who regulates the entity giving the bonus? | 20 | A named, checkable licence for that exact entity |
| How many lots per $10 of bonus? | 20 | 1 lot or less per $10 of credit |
| How much of the bonus does spread eat? | 15 | Spread cost under half the bonus value |
| Do real traders report payouts? | 10 | Recent, verifiable withdrawal reports |
| Is the time window realistic? | 10 | 30 days or more to finish the volume |
Spread cost to finish: about $16–$30. Every dollar above that is yours to keep.
Spread cost to finish: $120–$225, for a maximum payout of $50. The headline looks generous; the maths does not.
Offers A and B are illustrations of the scoring method, not specific brokers.
Most bonus profits are lost to rushing, not to bad luck. This three-week plan spreads the work out so you finish the lot target without over-trading a small balance.
A lot of what traders believe about no deposit bonuses comes from forum rumours. Here is what actually happens.
MythThe bigger the bonus, the more you can earn.
FactYour earnings depend on the profit cap and lot target, not the headline amount.
MythBonus accounts get worse execution on purpose.
FactReputable brokers run bonus accounts on the same servers; the difference is usually account type and spread.
MythYou can open a few accounts and keep the best one.
FactDuplicate accounts are matched by ID, device and IP, and all of them can be closed.
MythNo deposit means no risk at all.
FactYour money is safe, but your personal data and time are not — choose brokers you would trust with both.
MythAn expert advisor will finish the lot target for me.
FactMany terms ban automated or high-frequency trading during the bonus period.
MythOnce claimed, the terms can't change.
FactBrokers can update promotions — which is why saving a copy of the terms on day one matters.
Most offers on our list are legitimate promotions with strict rules. But the no deposit niche also attracts operators who use "free money" as bait. Leave immediately if you see any of these:
Our rule: if a single one of these shows up during our review, the offer is not listed — no matter how large the bonus is.
If an offer isn't available to you, it is usually not the broker's choice. Several major regulators treat trading bonuses as an inducement that pushes retail clients to take more risk, and have restricted them for retail CFD and forex accounts:
That is why most no deposit bonuses are issued by brokers' international entities, regulated in jurisdictions such as Seychelles, Mauritius, St. Vincent, South Africa or Mwali. These entities can be legitimate, but investor protection is generally lighter — one more reason to keep your bonus account free of any personal deposit until you've tested a withdrawal.
Offers also rotate between countries. Check our regional pages for what applies where you live:
Bonus terms are full of jargon. These are the words that decide whether you get paid.
All offers at a glance — scroll sideways on mobile.
| Broker | Bonus | Amount | Withdraw profit | Note |
|---|---|---|---|---|
| Kato Prime | Welcome Bonus | up to $333 | Yes | Tiered |
| Headway | No Deposit Bonus | $150 | Yes | Time-limited |
| Trading.com | Promotional Credit | $100 | Yes | KYC needed |
| xChief | No Deposit Bonus | $100 | Yes | Lot target |
| Trendo | Welcome Bonus | $100 | Yes | New users |
| PrimeX Capital | Traders Initiative | $100 | Yes | Selection |
| XM | No Deposit Bonus | $30–$50 | Yes | Region-based |
| OVX Markets | No Deposit Bonus | $50 | Yes | New |
| Wisuno | No Deposit Bonus | $50 | Yes | CFDs |
| MaxifyFX | Welcome Bonus | $35 | Yes | MT5 |
| RoboForex | Welcome Bonus | $30 | Yes | MT4/MT5 |
| Valetax | Welcome Bonus | $30 | Yes | +30% deposit bonus |
| Tickmill | Welcome Account | $30 | Yes | Cap $100 |
| Windsor Brokers | Free Account | $30 | Yes | — |
| RaiseFX | No Deposit Bonus | $30 | Yes | FSCA |
| Weby Markets | Free Capital | $25 | Yes | First 1,000 |
| Saracen Markets | No Deposit Bonus | $10 | Yes | 5 lots, cap $20 |
| InstaForex | StartUp Bonus | up to $2,000 | Deposit needed | Conditional |
| Flexy Markets | Flexy150 | $150 | Deposit needed | 30 days |
| Axiory | No Deposit Bonus | $100 | Deposit may apply | Conditional |
| KVB | Welcome Rewards | $30 | Conditional | $10–$150 profit |
Most brokers place the bonus in the Credit field of MT4 or MT5. Credit counts toward equity and margin so you can trade with it, but it is never withdrawable. Profits from closed trades go into Balance, and that is the part you can withdraw once the conditions are met.
Usually between $10 and $100. The result depends on the profit cap, the lot target and how much spread you pay to complete it. A low lot target on a tight-spread pair leaves more of your profit intact.
Often not. Many brokers ban automated, high-frequency or copy trading while a no deposit bonus is active. Check the terms first, because breaking this rule can cancel all profit.
It depends on the broker. Some keep the bonus account separate, some merge it into the new deposit account, and some cancel the credit when you fund the account. Read this clause before depositing.
Yes. Each broker treats you as a new client, so you can claim one offer per broker. What you cannot do is open several accounts at the same broker for the same promotion.
Almost always. Expect to upload a photo ID and a recent proof of address, and sometimes confirm your phone number, before the credit is added or any withdrawal is approved.
Regulators in the EU, UK, Australia and the USA restrict trading bonuses for retail clients. Brokers therefore offer them through international entities to clients in other regions, and availability changes over time.
After the request, most brokers process withdrawals within one to five business days, plus the time your payment method needs. Close all open trades and use a payment method in your own name to avoid delays.