IC Markets
WriterAbir KhanWriterWrites the guides · checks every figure against primary sources View profileAbout Abir →
Written byAbir KhanWriter
Market analysisTanbir Habib RiyadForex & Crypto AnalystForex and crypto analyst · technical and fundamental analysis View profileAbout Tanbir →
Market analysis byTanbir Habib RiyadForex & Crypto Analyst
Fact-checking & riskJannatul FerdaushFact-Checker & Risk AnalystFact-checks every figure · risk analysis · Applied Statistics, University of Dhaka View profileAbout Jannatul →
Fact-checked byJannatul FerdaushFact-Checker & Risk Analyst
Trading reviewJowel RanaCo-Founder & Forex TraderCo-founder · forex trader · reviews guides from a trader's view View profileAbout Jowel →
Reviewed byJowel RanaCo-Founder & Forex Trader
Final approvalRanjan NiskrityFounder, Owner & Forex TraderFounder and owner · forex trader · signs off every guide View profileAbout Ranjan →
Approved byRanjan NiskrityFounder, Owner & Forex TraderLast verified Against each broker's own terms
CFDs are complex instruments and carry a high risk of losing money rapidly due to leverage. A free credit does not change that once you start depositing. Offers change often and vary by country, so confirm the live terms on the broker's site. Some links are affiliate links; they never change which offers we list or how we describe them.
No deposit bonus offers checked this month
We only list brokers FX Recap reviews, and only offers we could trace to each broker's own terms. Two pay trading credit, one runs free demo contests with real cash prizes, and one gives you a free practice account instead of a bonus.
| Broker | Offer | Deposit needed | Time limit | Type |
|---|---|---|---|---|
 XM | $30 | None | 30 days | Credit |
 RoboForex | $30 | $10 card | 30 days | Credit |
| XM | Share of $25,000 | None | Weekly | Cash prize |
 Exness | $10,000 virtual | None | No fixed expiry | Practice |
XM $30 No-Deposit Trading Bonus
XM Global, the group's international entity
- Deposit needed
- None
- Claim window
- 30 days from account opening
- Verification
- Phone or SMS check
- Profits withdrawable
- Yes, per XM's terms
The catch: New clients only, one bonus account per IP address, and any withdrawal cancels every trading bonus on the account. XM runs different welcome offers in some countries, so check what your region shows.
RoboForex $30 Welcome Bonus
RoboForex's international entity
- Deposit needed
- $10 by bank card
- Code valid
- 30 days
- Accounts
- ProCent and Pro, USD or EUR
- Profits withdrawable
- Yes, no volume rule
The catch: Strictly a low-deposit offer: a $10 card deposit triggers it. The $30 cannot be withdrawn, prepaid cards do not count, and past welcome-bonus users are excluded.
XM Demo Weekly Competition
XM Competitions, run on demo accounts
- Deposit needed
- None
- Account
- Demo, virtual funds
- Winners
- Top 100 each week
- Prizes
- Real, withdrawable cash
The catch: Entry is free for new traders; reports say existing XM clients may pay an entry fee, so check the current rules. Prizes go to the best percentage returns, which rewards big risks that would sink a real account.
Exness Free Demo Account
Opened from the Exness Personal Area
- Deposit needed
- None
- Bonus
- None; Exness pays no bonuses
- Balance
- Top up or reset any time
- Expiry
- No fixed date
The catch: There is no money to win or withdraw. It is here because many people searching for a no-deposit bonus really want free practice, and this is the cleanest way to get it.
Promotions from brokers we list
These are the current offers from the brokers FX Recap reviews, from free credit and contests to deposit bonuses for when you are ready to fund an account.
RoboForexWelcome creditRoboForex $30 Welcome Bonus
$30 credit after a $10 bank-card deposit on a ProCent or Pro account. Profits can be withdrawn with no volume rule.
XMCompetitionXM Demo Trading Competition
Free-entry demo contests for new traders, including a $25,000 weekly prize pool shared by 100 winners, plus live competitions.
ExnessFree demoExness Free Demo Account
Exness pays no deposit bonus. It offers a free demo with $10,000 of virtual funds that you can top up or reset.
XMDeposit bonusXM 50% Deposit Bonus up to $5,000
50% up to $500, then 20% up to a further $4,500. Any withdrawal removes the bonus in proportion to the share of balance you take out.
LiteFinanceDeposit bonusLiteFinance 30% Deposit Bonus (Code EASYSTART)
30% up to $5,000 with code EASYSTART, usable twice. The bonus moves to your balance after at least 50 trades.
AvaTradeWelcome bonusAvaTrade 20% Welcome Bonus up to $10,000
20% on a first deposit, up to $10,000, for clients outside the EU, UK and Australia, released after a trading volume target.
How a forex no deposit bonus works
A no-deposit bonus is a small live-trading credit a broker gives you for opening and verifying an account, before you fund anything. XM's version is $30. You trade real prices with it, and if the trades make money you can keep the profit once the broker's conditions are met.
The credit usually sits in a separate bonus account or field with its own limits: a claim window, a cap on how much you can withdraw, and sometimes a ban on expert advisors. It never becomes cash; what you are really playing for is the profit on top of it.
Moving that profit out is where most of the rules live. Expect some mix of a time limit, identity checks, restrictions on account types and, at many brokers, a rule that any withdrawal cancels the remaining bonus. Miss the window and both the credit and the profit disappear.
The same offer is also sold as a free forex bonus, welcome bonus, sign-up bonus or free trading credit. Whatever the name, look for the words "profit transfer" in the terms; that clause decides whether the offer is worth your time.
The rules that decide if you keep anything
These eight conditions appear in almost every no deposit bonus. Read them before you verify, not after you have made a profit.
Verification first
Phone, SMS or full ID checks come before the credit. XM uses a phone check, and full identity verification is needed before any withdrawal, so take the offer only from a broker you would trust with your passport.
A short clock
XM gives 30 days to claim its bonus after you open the account, and RoboForex's welcome code lasts 30 days. Unconverted credit and open trades close when the clock runs out.
Withdrawals cancel the credit
At XM, any withdrawal from the account cancels every trading bonus on it. Take profits only when you are ready to lose the remaining credit.
Payment method rules
RoboForex's $30 is triggered by a $10 deposit from a bank card in your name; prepaid and virtual cards do not count.
One per person, device and IP
XM allows one bonus account per IP address. A second claim in the same household, on the same phone or in a relative's name voids the credit and the profits.
Account types
RoboForex's offer runs only on ProCent and Pro accounts in USD or EUR. Opening the wrong account type is the most common reason a bonus never appears.
Strategy limits
Expert advisors, hedging between accounts and arbitrage are commonly banned on bonus accounts.
Country exclusions
Retail clients in the UK, EU and Australia are excluded by law, and brokers add their own lists on top. XM also varies its welcome offer by country.
The real maths of a $30 bonus
A $30 credit sounds small, and at the position sizes these accounts suit, it is. Here is what the numbers look like on EUR/USD, where one micro lot (0.01) is worth about $0.10 per pip.
Small sizes make the credit last but make meaningful profit slow; bigger sizes can wipe it in one move. Use the calculator below with the lot size you plan to trade.
No deposit bonus profit calculator
Enter the credit, the lot size you plan to trade and the broker's volume rule. The calculator shows the pips you need to reach your profit goal, how far the market can move against you before the credit is gone, and how many trades the volume target takes.
No deposit bonus vs deposit bonus vs demo account
All three let you trade without much at stake, but they solve different problems. Pick by what you want to test.
| No deposit bonus | Deposit bonus | Demo account | |
|---|---|---|---|
| Your money at risk | None | Your full deposit | None |
| Real market prices | Yes | Yes | Yes |
| Can you keep profits? | Yes, under conditions | Yes, under conditions | No |
| Typical size | $30 | 20% to 100% of the deposit | $10,000 to $100,000 virtual |
| Time limit | About 30 days | Weeks to months | Often none while active |
| Best for | Testing a live broker | Adding margin to a funded account | Learning with no pressure |
How to claim a no deposit bonus safely
- Check the broker's licence
Look the paying entity up on its regulator's own register. You are about to hand over identity documents, so treat it like opening a real account.
- Read the full terms on the broker's site
Note the claim window, any withdrawal rules and which account types qualify.
- Register and verify
Complete the phone, SMS or ID check with your real details; a mismatch later blocks withdrawals.
- Activate the bonus
Some credits land automatically, others need a code or a click in the client area within a set number of days.
- Trade the size you would trade live
Treat it as a live test of spreads, execution and slippage, not a lottery ticket.
- Withdraw once, at the right moment
Because a withdrawal can cancel the remaining credit, plan a single profit withdrawal rather than several small ones.
Worked example: what $30 turned into
- The credit
Joseph opens an XM account, verifies his phone number and claims the $30 no-deposit bonus within the 30-day window.
- Three weeks in
Trading EUR/USD at 0.01 to 0.02 lots, he is up $38, taking the account to $68.
- The mistake
He withdraws $10 to test the process. The withdrawal goes through, but it cancels the remaining $30 credit, and his balance drops to $28.
- The result
He keeps $38 of profit in total, but loses the margin cushion that was letting him hold trades through small moves.
The bonus worked, but the timing of the withdrawal cost him the credit. Read the withdrawal rule before you start, and plan one withdrawal of your profit when you are done with the bonus.
No deposit bonus trends in 2026
The free-credit market has shrunk and changed shape. Four developments matter if you are thinking of claiming one.
Demo competitions replace free credit
Brokers increasingly offer free demo contests with real cash prizes, such as XM's $25,000 weekly Demo Weekly, instead of handing out no-deposit credit.
Offers split by country
XM runs different welcome offers in different markets, and reports in 2026 describe some countries switching from the $30 credit to a deposit-based offer. Check while logged in from your own country.
Phone checks before full KYC
XM opens bonus accounts after a phone or SMS check, leaving full identity verification until you withdraw profits.
Regulators target free-money promotions
The FCA, ASIC and seven other regulators ran a joint week of action against unlawful finfluencer promotions in June 2025, with more than 650 takedown requests. "Free $100" posts on social media are a common hook.
No deposit bonus red flags
Free money is the oldest hook in the scam playbook. Walk away if you see any of these.
Large free credits usually come with rules nobody can meet, or from firms with no licence at all.
Real brokers do not cold-message you on Telegram or WhatsApp with bonus codes.
A "withdrawal fee" or "tax" paid upfront to unlock bonus profits is a scam, every time.
If the rules are not published on the broker's own website, you have nothing to hold them to.
A countdown or an account manager urging a large deposit to "save" your bonus follows the scam-broker script.
Unsure about a firm? Check it against our scam broker blacklist and the regulator's own register first.
Forex no deposit bonus FAQs
What is a forex no deposit bonus?
A forex no deposit bonus is a small live-trading credit, $30 at XM, that a broker gives you for opening and verifying an account without funding it. The credit cannot be withdrawn, but profits made with it can be once you meet the broker's rules.
Can I withdraw a no deposit bonus?
Not the bonus itself. Profits can be withdrawn after you meet the terms. At XM, any withdrawal also cancels the remaining trading bonus, so plan one withdrawal when you have finished with the credit.
Which brokers offer a no deposit bonus in 2026?
Among the brokers we list, XM offers a $30 no-deposit bonus in eligible countries. RoboForex's $30 welcome bonus needs a $10 card deposit. XM also runs free demo competitions with real cash prizes, and Exness offers a free demo account instead of a bonus.
Is the XM $30 bonus still available?
Yes, in many non-EU countries in 2026, for new clients who verify their phone number and claim it within 30 days of opening an account. XM varies its welcome offers by country, so check what your region shows.
Is a no deposit bonus really free?
It costs no money upfront, but you hand over identity details and accept conditions on withdrawals. Treat it as a paid trial where the price is your data and your time, and only take it from a regulated broker.
Why can't UK traders get a no deposit bonus?
The FCA bans bonuses and other trading incentives for retail CFD and spread-betting clients, as ESMA does across the EU and ASIC does in Australia.
How much can I make from a $30 no deposit bonus?
Usually very little. At 0.01 lots on EUR/USD a pip is worth about $0.10, so $30 of profit needs roughly 300 pips, while trading 0.10 lots can wipe the credit in 30 pips.
Are forex demo competitions a no deposit bonus?
Not exactly, but they work like one: you trade virtual money with no deposit and the top performers win real cash. XM's Demo Weekly shares a $25,000 weekly pool among 100 winners.
Is a demo account better than a no deposit bonus?
For learning, yes. A demo such as Exness's has no time limit, no conditions and a realistic balance you can set yourself. No deposit bonuses are better for testing a broker's live execution and withdrawal process.
Sources: XM Global no-deposit bonus terms, XM competitions, RoboForex welcome bonus rules, FCA action on illegal finfluencers, ESMA CFD product intervention.