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Here are our 10 Best Forex Brokers with No Deposit Bonuses

Let's get started with the full breakdown of the Best Forex Brokers with no Deposit Bonuses

CM TRADING

A review of CM Trading

4.8/5

Rated #7 of
Recommended FX Brokers

💰Minimum Deposit

🌐 Regulators

☪️ Islamic Account

📊 Trading Fees

🕒 Account Activation Time

Overview

CM Trading is a South African online Forex broker CM Trading was founded by traders for traders and combines years of experience to create a centralized destination for online trading.

Operating as the largest Forex broker in South Africa, CM Trading specializes in Forex, Index, and Commodity trading.

CM Trading differentiates itself in the market through its advanced order executions, competitive pricing, and its comprehensive customer support.

The broker also works with business partners, providing them with the best affiliate and IB programs on the market, which forms part of ICM Trading's strategy to continuously develop, innovate and upgrade.

CM Trading offers the highly popular MetaTrader 4 trading platform to clients around the globe, attracting hundreds of thousands of traders and affiliates who enjoy the broker's advanced trading environment, competitive pricing, and secure client protection measures.

Bonus and Offers

No Deposit Bonus and Terms
US Dollar 25 No Deposit Bonus
Deposit Bonus
Broker does not appear to offer any deposit bonus
Promotion
Like us on Facebook:
Like & Share to win US Dollar 250 trading bonus
Like us on Instagram:
Like, Comment and Follow to win US Dollar 250 trading bonus

Pros and Cons

✔️Pros
Segregated client funds
Established in 2011
Regulated by FSP 3878
Min. deposit from US Dollar 250
❌Cons
Does not appear to offer any deposit bonus
Limited range of instruments
Not FCA regulated

OctaFX

OctaFX Broker Review

4.6/5

Rated #51 of
Recommended FX Brokers

💰Minimum Deposit

🌐 Regulators

☪️ Islamic Account

📊 Trading Fees

🕒 Account Activation Time

Overview

OctaFX is an online STP/ECN broker which is based in Kingstown, St. Vincent, and the Grenadines that offers traders a competitive and secure trading experience.

More than 1.5 million trading accounts have been opened with OctaFX to date with traders who seek fast execution, powerful platforms, and a range of market instruments at low costs.

As such, OctaFX has completed approximately 288 million traders, with approximately 97.5% of orders executed without slippage.

Although the broker's headquarters are located offshore in St Vincent and the Grenadines, the broker's subsidiary, Octa Markets Cyprus Ltd., is located in Cyprus and regulated by the Cyprus Securities and Investment Commission (CySEC).

OctaFX has won a range of awards throughout its operational history, the most recent of which include Best Mobile Trading App and Best Forex Broker in 2019.

It is only a pity then that OctaFX cannot offer its services to residents from the United States, Canada, Belgium or certain other countries outside Europe, due to jurisdictional restrictions.

Bonus and Offers

No Deposit Bonus and Terms
US Dollar 8 Welcome Bonus
Deposit Bonus
50% Deposit Bonus
Promotion
Status Program, including commission-free transfers, free trading signals, no trading charges, and faster bonus withdrawal

Pros and Cons

✔️Pros
High Leverage
Regulated by CySEC
Low Spreads and Costs
Decent No Deposit Bonus
Excellent Deposit Bonus and Promotions
❌Cons
Limited trading platforms

ForexTime

FXTM Broker Review

4.6/5

Rated #32 of
Recommended FX Brokers

💰Minimum Deposit

🌐 Regulators

MetaTrader4, Metatrader 5

☪️ Islamic Account

📊 Trading Fees

🕒 Account Activation Time

Overview

ForexTime, more commonly referred to as FXTM, is an online forex broker which is based in Cyprus has global operations.

Forextime was first established in 2011 and since expanded with several global offices, and has become a worldwide recognized brand servicing over two million clients across 150 countries.
The broker offers its clients the ability to trade over 250 instruments, backed by a robust and secure trading environment, tight spreads competitive leverage, and segregated client accounts held with top-tier banks.

As a reflection of this excellent trading environment, ForexTime has won several trading awards, the most recent of which include Best Investment Broker, Best European Forex Affiliate Broker Programme, and Most Innovative Broker.

As a regulated broker, ForexTime offers maximum leverage of 1:30, and an excellent selection of advanced trading platforms, including the highly popular MetaTrader 4 and MetaTrader 5 on PC, Mac, mobile, or tablet.
Traders with multiple accounts can also make use of the Multi-Account Manager (MAM) on MT4.

ForexTime also offers a wide range of over 250 tradable instruments, over 50 currency pairs for forex, as well as spot metal CFDs, share CFDs on over 170 major companies, CFDs on Commodities, and CFDs on Indices.

ForexTime is regulated by the reputable Cypress Securities and Exchange Commission (CySEC), and the broker offers multilingual customer support which is available 24 hours a day, five days a week.

Bonus and Offers

No Deposit Bonus and Terms
US Dollar 10 Welcome Bonus
(Only available through the account manager's request)
Deposit Bonus
US Dollar 300 deposit bonus, available to new and existing clients
Promotion
FXTM Loyalty Program
The more you trade, the more you get paid.
You'll get US Dollar 5 back in cash every time you trade, and have the chance to earn up to US Dollar 10,000.
Trade up through five loyalty levels with larger rewards at every stage.

 Pros and Cons

✔️Pros
Well-regulated by CySEC
Numerous Awards
Excellent No Deposit Bonus
Excellent Deposit Bonus and Promotions
❌Cons
Some services not available to residents of the EU or UK, such as higher leverage levels

Markets.com

4.7/5

Rated #199  of
Recommended FX Brokers

💰Minimum Deposit

🌐 Regulators

☪️ Islamic Account

📊 Trading Fees

🕒 Account Activation Time

Overview

Markets.com is an online forex broker which is based in South Africa. First founded in 2008, the broker now offers advanced trading and investment opportunities in various global financial markets.

Markets.com is able to provide a highly secure trading environment, as it is regulated in five jurisdictions, including by the Cyprus Securities and Exchange Commission (CySEC), and the reputable Financial Conduct Authority (FCA) in the UK.

Markets.com clients have access to trade an impressive range of over 2 200 assets, using four advanced trading platforms.

Elective professional traders can also enjoy increased leverage ratios, improved trading conditions and the added advantage of a personal account manager.

The broker offers to trade in CFDs, Commodities, Metals, Stocks, Oil, Gold, and Indices, which are offered on commission-free trading with tight spreads.

Providing a range of research tools and educational materials, Markets.com has been recognized by the industry with numerous awards, the most recent of which include Forex Provider of the Year at the UK Forex Awards.

As such, Markets.com is well-positioned to cater to various trading experience levels, as well as numerous trading strategies and goals.

Bonus and Offers

No Deposit Bonus and Terms
US Dollar 25 No Deposit Bonus, available for three months
Deposit Bonus
Deposit Bonuses range from 20% to 35% on deposits from % 100 to US Dollar 10 000
Promotion
No promotions are currently available

Pros and Cons

✔️Pros
Well regulated around the world
Wide selection of assets
Numerous awards
Excellent No Deposit Bonus and Deposit Bonus
❌Cons
Not all services are available in every jurisdiction around the world
Additional promotions not available

XM.Com

XM Broker Review

4.5/5

Rated #68 of
Recommended FX Brokers

💰Minimum Deposit

🌐 Regulators

☪️ Islamic Account

📊 Trading Fees

🕒 Account Activation Time

Overview

XM.com is a Cyprus-based online Forex broker which has grown into a well-established and recognized investment firm since its establishment in 2009. As such, the broker is an industry leader, with over 250 000 clients across 196 countries.

Clients of XM.com have access to over 1000 tradable instruments, which are provided on a selection of 16 advanced trading platforms, making this broker an excellent option for a variety of trading styles and experience levels.

XM.com orders have no requotes or rejections, and over 99% of these orders are executed in less than a second. Added to this, clients also benefit from Negative Balance Protection, which eliminates the risk of suffering losses that exceed their account balance.

XM.com's operations are handled by over 450 industry professionals, a solid backing of financial and investment experience which is coupled with multilingual customer support in over 30 languages, available 24 hours, 5 days a week.

Bonus and Offers

No Deposit Bonus and Terms
US Dollar 30, available to new clients only
Deposit Bonus
50% Deposit Bonus up to US Dollar 500
20% Deposit Bonus up to US Dollar 4.500 or currency equivalent
Promotions
10 Year Anniversary Promotion featuring lucky draw prizes to the value of US Dollar 1 000 000.
·         50 winners each month
·         10 months of promotions

Pros and Cons

✔️Pros
Well regulated
Low minimum deposit
Excellent Non-Trading Bonus
Excellent Trading Bonus and Promotion
❌Cons
Does not offer VPS
Non-Deposit Bonus only available to new customers

RoboForex

RoboForex Broker Review

4.7/5

Rated #57 of
Recommended FX Brokers

💰Minimum Deposit

🌐 Regulators

☪️ Islamic Account

📊 Trading Fees

🕒 Account Activation Time

Overview

RoboForex is a Cyprus-based online Forex broker which forms part of the RoboForex Group. Established in 2009, the broker facilitates global trading services to over 800 000 traders across 170 countries.

RoboForex offers numerous account types which are tailored to a variety of trading styles and experience levels, and clients of RoboForex have access to offers 8 asset types and more than 12 000 instruments for trading.

These asset classes include Forex, Stocks, Indices, ETFs, Soft Commodities, Energies, Metals, and over 6 Cryptocurrencies.

This impressive variety of tradable instruments are offered on four advanced trading platforms, including the highly popular MetaTrader 4 and MetaTrader 5 options, as well as the cTrader and RTrader heavyweights.

Clients of RoboForex can execute trades in a secure trading environment, seeing as the broker applies numerous client protection measures, including negative balance protection, and the storing of client funds in segregated accounts.

Added to this, RoboForex participates in the Commission's Compensation Fund which offers insures clients in the case of broker insolvency.

RoboForex has won numerous awards which reflect its standing in the industry, including Best Investment Platform, Best Global Forex Affiliate Program, and Best CIS Broker.

Bonus and Offers

No Deposit Bonus and Terms
US Dollar 30 Welcome Bonus
Available to all new clients opening a Cent or Standard account
Deposit Bonus
US Dollar 120 Deposit Bonus
Available for first and all other following deposits.
Profit Share Bonus, which increases the deposited amount by up to 60%
Promotions
RoboForex does not appear to be running any additional promotions at this stage

Pros and Cons

✔️Pros
Excellent bonus options
High leverage
Wide selection of assets
Advanced trading platforms
❌Cons
No additional promotions available at this stage

Tickmill

Tickmill Broker Review

4.7/5

Rated #3 of
Recommended FX Brokers

💰Minimum Deposit

🌐 Regulators

☪️ Islamic Account

📊 Trading Fees

🕒 Account Activation Time

Overview

Tickmill is a leading online forex broker which forms part of the Tickmill Group, based in Seychelles.

Founded in 2014, Tickmill provides its services to more than 111 000 active traders today, with approximately 263 000 registered accounts. The broker has registered over 215 million executed trades in a secure and transparent investment environment.

Clients of Tickmill may enjoy several trading advantages, such as competitive spreads which start as low as 0.0 pip, and advanced analytic tools including Expert Advisors and algorithms.

Tickmill provides a wide range of more than 80 trading instruments, which include such popular asset classes as forex, precious metals, bonds, as well as stock indices, and oil.

Trading of these instruments is complemented by fast and efficient deposit and withdrawal methods, multilingual customer support, and high-end customer fund protection.

Tickmill offers a range of account options, which are each tailored to specific trading styles, strategies and experience levels, and all of which have a relatively low minimum deposit of US Dollar 100.

These accounts come with a competitive commission structure and tight spreads for an excellent trading environment. These competitive fees are further complemented by high leverage of 1:500, allowing for more profitable trades.

The broker's suite of advanced trading platforms includes the highly popular MetaTrader 4 and a user-friendly WebTrader option, while the broker also provides a range of independent research tools, including AutoChartist, Economic Calendars, and VPS.

Tickmill's range of features has been recognized by the industry with numerous awards, the most recent of which include Best Commodities Broker from Rankia Markets Experience Expo 2020, Best Trading Experience – Forex Brokers Award 2020, and Best Forex Execution Broker.

Bonus and Offers

No Deposit Bonus and Terms
US Dollar 30 Welcoming Bonus, and profits earned can be withdrawn
Deposit Bonus
Tickmill does not appear to offer additional deposit bonuses
Promotions
Trader of the Month – rewards for top traders
Rebate Promotion, allowing traders to earn cash rebates until 31st August 2020

Pros and Cons

✔️Pros
Excellent No Deposit Bonus
Excellent Promotions
Competitive Pricing
High leverage
❌Cons
Limited platform offering
No additional Deposit Bonuses

FBS

4.7/5

Rated #71 of
Recommended FX Brokers

💰Minimum Deposit

🌐 Regulators

IFSC, FSCA (south africa), ASIC, CySEC

MetaTrader 4, MetaTrader 5, FBS Trader – all in one mobile trading pltform, CopyTrade

☪️ Islamic Account

📊 Trading Fees

🕒 Account Activation Time

FBS has launched a new type of account specifically for trading cryptocurrencies.

The new Crypto account has over 100 instruments with digital currencies.

BTC, LTC, and ETH are just some of the instruments that will be available for trading against other cryptocurrencies or against more traditional currencies, commodities, and other instruments.

  • Currency: USDT (Tether)
  • Leverage: 1:5
  • Initial deposit: from $1
  • Commission on opening positions: 0.05%
  • Commission on closing positions: 0.05%

Overview

FBS is an offshore online broker based in Belize which recently expanded its operations into Cyprus, becoming an EU-regulated forex broker under the auspices of the Cypress Securities and Exchange Commission (CySEC).

First established in 2009, FBS rapidly expanded into a globally operative broker with clients in over 190 countries, which consist altogether of 14 000 000 traders and 370 000 partners to date.

FBS brings transparent conditions for trading using popular instruments including Forex, Metals, d all connected by split-second execution through the STP model.

FBS offers fast and streamlined trading on an excellent selection of advanced features and technology, including the highly popular MetaTrader 4 and MetaTrader 5 platforms.

Clients of FBS have access to numerous popular asset classes, including Forex, Metals, CFDs, Stocks, and Forex exotic currencies.

These can be traded with tight spreads, with the typical spread on the Standard account for the EUR/USD pair being 0.9, while on the Cent Account the EUR/USD spread is 3 pips.

This advanced suite of trading platforms is complemented by additional research and analytics tools, as well as a comprehensive selection of educational material for beginner traders.

FBS has been well recognized by its industry peers to date and has received numerous awards, the most recent of which include Best Forex Brand Asia, Best FX IB Program, Best International Forex Broker, and most Transparent Forex Broker.

Bonus and Offers

No Deposit Bonus and Terms
US Dollar 100, including a full set of educational materials
Deposit Bonus
100% Deposit Bonus, available for Cent, Micro, Standard, or Zero Cent accounts
Promotions
Cashback promotion, with up to US Dollar 15 for every traded lot

Pros and Cons

✔️Pros
High No Deposit Bonus
Excellent Deposit Bonus
Regular promotions
Commission-free trading
High leverage of 1:3000
Excellent customer support
❌Cons

Does not accept new clients from the USA, UK, Japan, Israel, Canada

Windsor Brokers

4.7/5

Rated #212  of
Recommended FX Brokers

💰Minimum Deposit

🌐 Regulators

☪️ Islamic Account

📊 Trading Fees

🕒 Account Activation Time

Overview

Windsor Brokers is a Cyprus-based online forex broker which provides traders with access to a wide range of over 600 000 tradable instruments across a variety of asset classes, including Forex, Cryptocurrencies, CFDs, Futures, Metals, and Bonds.

First established in 1998, Windsor Brokers has become well recognized in the Forex industry, garnering numerous awards over the years, the most recent of which include Best Multi-Trading Platform from Global Brands Magazine in 2018.

Windsor Brokers grew this sold reputation over several years, primarily by investing in advanced technology and features, while also ensuring the provision of proper client protection measures.

The broker is well regulated by the reputable Cyprus Securities and Exchange Commission (CySEC), which is an EU complaint regulatory body. As part of this regulation, Windsor Brokers stores client funds in segregated accounts, and ensures that it has enough liquidity to facilitate trading.

Windsor Brokers offers a decent leverage ratio of up to 1:500, while trading is conducted on the highly popular MetaTrader 4 platform, one of the most advanced and versatile trading platforms in the industry today.

Bonus and Offers

No Deposit Bonus and Terms
US Dollar 30 Welcome Bonus, only available to non-live account owners
Deposit Bonus
US Dollar 10 000 Deposit Bonus,
Promotions
No additional trading promotions at this stage

Pros and Cons

✔️Pros
Excellent No Deposit Bonus
Excellent Deposit Bonus
CySEC regulation
Competitive fees and spreads
❌Cons
No additional promotions
Does not accept clients from the US, Japan, or Belgium

SuperForex

4.5/5

Rated #195  of
Recommended FX Brokers

💰Minimum Deposit

🌐 Regulators

☪️ Islamic Account

📊 Trading Fees

🕒 Account Activation Time

Overview

SuperForex is a global ECN broker that offers online currency trading, CFD, stocks, commodities, futures, and precious metals via the highly popular MT4 trading platform.

Established in 2013, SuperForex is headquartered in Belize and falls under the authorization of the International Financial Services Commission (IFSC).

The broker is backed by a team of financial professionals and offers both individual and corporate clients access to a wide range of tradable assets, while constantly expanding its investment portfolio.

SuperForex offers various bonuses for all customers, and also constantly conducts advertising campaigns and contests for traders with cash prizes.

The broker also has contests for demo accounts, so novice traders do not need to spend their own money to test their strength in trading on the Forex market.

Bonus and Offers

No Deposit Bonus and Terms
US Dollar 50 No Deposit Bonus, receive a second No Deposit Bonus
Deposit Bonus
1000% Easy Deposit Bonus,
Promotions
Dynamic Bonus, for volume-based trades

Pros and Cons

✔️Pros
Excellent No Deposit Bonus
Excellent Deposit Bonus
Ongoing additional promotions
❌Cons
Offshore broker

Troy Forex

Overview

Troy Forex is an online forex broker based in the British Virgin Islands. The broker provides access to a good selection of tradable assets, including Forex, Index CFDs, Oil CFDs, Cryptocurrencies, and Stocks.

Troy Forex offers a number of different account types which are each tailored to specific experience levels and trading strategies, making this a good choice for traders from beginner to advanced.

The broker also offers a wide selection of research and educational tools, providing for a fast and streamlined trading experience.

Troy Forex offers a number of different ongoing promotions, as well as a high No Deposit Bonus, allowing for new traders to increase the potential profitability of their trades.

However, as Troy Forex operates as an offshore broker, these promotions would best be undertaken by traders with a high-risk appetite.

Bonus and Offers

No Deposit Bonus and Terms
US Dollar 25 to US Dollar 35 No Deposit Bonus, only available to those who open a new account
The minimum amount which can be withdrawn is US Dollar 100 and the maximum amount is US Dollar 200.
Intermediaries cannot benefit from this campaign
Deposit Bonus
Troy Forex does not appear to offer a Deposit Bonus at this stage
Promotions
Rebate Promotion, whereby investors get a rebate of US Dollar 1 to US Dollar 3 per lot.
The rebate will be added to your balance on the first day of the next month.
Investors need to perform a minimum of 10 lots of trades within the month to benefit.

Pros and Cons

✔️Pros
Excellent Deposit Bonus
Ongoing Promotions
The high amount of tradable assets
Low minimum deposit
❌Cons
Offshore broker with minimal regulation
No Deposit Bonus at this stage

Templer FX

4.7/5

Rated #–  of
Recommended FX Brokers

💰Minimum Deposit

🌐 Regulators

☪️ Islamic Account

📊 Trading Fees

🕒 Account Activation Time

Overview

Templer FX is an online Foreign Exchange Trading Services provider operating out of St Vincent and the Grenadines, which offers to trade to both retail and institutional customers.

Established in 2004, Templer FX differentiates itself in the forex market by ensuring an advanced trading environment based on a strategy of excellent customer support, research tools, and fast execution.

Templer FX offers up to five tailored live trading accounts, and trading is executed on the broker proprietary Templer Fx trading platform, as well as the highly popular MetaTrader 4.

The Templer FX platform is compatible with a wide range of user interfaces, including Linux, macOS, and WebTrader, and the MT4 platform is widely renowned for its wide selection of symbols and other advanced trading tools.

Templer FX offers a number of bonus options and ongoing promotions, which allow new traders to test the profitability of the broker's features at no added cost.

Bonus and Offers

No Deposit Bonus and Terms
US Dollar 30 No Deposit Bonus when opening any live trading account.
The No Deposit Bonus can only be received once.
Available only for accounts that have passed full verification
The maximum withdrawable amount for Non-Deposit Bonuses is US Dollar 100
Deposit Bonus
100% Deposit Bonus
25%, 50%, 75% or 100% on every deposit from 100 USD and more.
Deposit Bonuses can be credited to any account type
Promotions
Loyalty Program, whereby clients a 1% Loyalty Bonus for each trading year on all subsequent deposits.

Pros and Cons

✔️Pros
Excellent No Deposit Bonus
Excellent Deposit Bonus
Ongoing Promotions
The high amount of tradable assets
Advanced trading platforms
❌Cons
No Deposit Bonuses can only be withdrawn up to US Dollars 100
Offshore broker

GEMForex

Overview

GEMForex (short for Global Expansion Method) is a Japanese online forex broker which currently operates under Gem Group NZ Limited, in New Zealand.

First established in Japan in 2010, the broker has since expanded its operations into China, Hong Kong, Taiwan, and South Korea.

GEMForex has received several awards since its inception, including the Best Asia Broker Award in 2016. GEMForex was also awarded the Best Broker Award every year from 2017 to 2019.

GEMForex aims to provide simplified trading services for beginner traders, while also offering enough advanced features to facilitate advanced traders.

As such, traders are offered tight spreads for a variety of tradable assets, complemented by a fast deposit process and account opening within 30 seconds.

Bonus and Offers

No Deposit Bonus and Terms
US Dollar 200 (20 000 yen) No Deposit Bonus
The bonus account is valid for 1 month only but can be traded with a maximum leverage of 1:1000
All profits can be withdrawn only once
Only available to residents of Japan
Deposit Bonus
GEMForex does not appear to be offering a Deposit Bonus at this stage
Promotions
GEMForex does not appear to be running any other promotions at this stage

Pros and Cons

✔️Pros
Excellent No Deposit BonusUser-friendly trading environment
High leverage
❌Cons
Deposit Bonuses are not available at this stage
No  ongoing promotions at this stage

TTS Markets

Overview

TTS Markets is a UK-based online forex broker headquartered in London, which focuses on providing customer-focused technological innovation and competitive pricing.

As such, TTS Markets offers tight spreads, high-quality order execution, no commission on deposits and withdrawals, and a wide selection of instruments, providing the basis for executing profitable trading strategies.

TTS Markets provides a wide selection of currency pairs that can be traded on the advanced MetaTrader 5 platform, one of the most popular platforms on the market today.

Clients receive the latest financial news, free VPS hosting, and instant withdrawals, making TTS Markets a compelling choice for traders of all experience levels and trading styles.

The broker also offers a good selection of bonuses and promotions, allowing new traders to test the range of features, and make a profit, in a completely risk-free environment.

Bonus and Offers

No Deposit Bonus and Terms
US Dollar 30 Welcome Bonus.
All profits can be withdrawn
Not available in certain countries, including the USA, Switzerland, Norway, and Lesotho
Deposit Bonus
115% Deposit Bonus
To withdraw profits, traders must reach the lot size equivalent to the total bonus activated
Promotions
No ongoing promotions at this stage

Pros and Cons

✔️Pros
Excellent No Deposit Bonus
Excellent Deposit Bonus
The high number of currency pairs
Free VPS hosting
❌Cons
No other ongoing promotions are currently available

NpbFX

4.7/5

Rated #256  of
Recommended FX Brokers

💰Minimum Deposit

🌐 Regulators

☪️ Islamic Account

📊 Trading Fees

🕒 Account Activation Time

Overview

NpbFX is an online forex broker based in Russia, which is licensed to serve private traders and corporate customers by the Bank of Russia.

NpbFX was first established in 1996, and in 2016 the broker became fully licensed to serve private traders, while corporate traders are still served through its license with the Bank of Russia.

The broker offers trading through its own proprietary NpbFX trading platform, as well as MetaTrader 4. Trading through NpbFX is done using STP/NDD technology, which excludes the conflict of interest from the broker.

As such, NpbFX acts as an intermediary between its clients and liquidity providers, and takes a profit from the number and volume of client transactions, creating a more competitive trading environment.

The broker provides customers with the ability to use a variety of trading strategies without limitations, from classic trading styles to HFT and algorithmic trading.

NpbFX is a category A member of The Financial Commission and provides additional client protection by participating in a Compensation Fund which covers clients in the case of broker insolvency by up to US Dollar 20 000 per customer.

Bonus and Offers

No Deposit Bonus and Terms
US Dollar 100 No Deposit Bonus, available through the Member Area after signing up.
Only available to first-time members after verification has been completed.
Deposit Bonus
The broker does not appear to be offering a Deposit Bonus at this stage.
Promotions
Cashback promotion, with 60% cash from the spread.
The maximum amount is US Dollar 10 000 per month.
Minimum trading volume must be 0.01 lots

Pros and Cons

✔️Pros
Excellent No Deposit Bonus
Excellent ongoing promotions
STP model
Advanced trading platforms
❌Cons
Deposit Bonus not currently available

Fidelis CM

Overview

Fidelis CM is an award-winning offshore forex broker which is based in St Vincent and the Grenadines.

Established by a team of prominent forex experts, Fidelis CM offers a wide product range complemented by tight spreads, fast execution, several leverage options, and excellent client support.

Included in the broker's most recent string of awards are Fastest Growing Online Forex Broker, Best Forex ECN Broker, and Best Forex ECN/STP Broker awards in 2013, 2014, and 2016.

Fidelis CM offers a genuine STP model with no dealing desks, and maximum leverage of 1:400, backed by tier-1 banking liquidity.

The broker also offers a competitive trading environment, with spreads as low as 0.0 pips, fast and easy customer support, and multilingual customer support available 24 hours, five days a week.

Trading is provided on either MetaTrader 4 or MetaTrader 5, which are the most popular trading platforms in the industry today, offering fast execution, advanced charting and analysis tools, and a multitude of products that can be traded.

Bonus and Offers

No Deposit Bonus and Terms
US Dollar 100 No Deposit Bonus, valid for 30 days.
After 30 days, a new deposit equal to or higher than the profit is required.
Can only be withdrawn after trading 10 lots.
Can be used with a maximum leverage of 1:400.
Deposit Bonus
200% margin bonus on all deposits above US Dollar 200
Promotions
No other ongoing promotions are currently available

Pros and Cons

✔️Pros
High leverage
High No Deposit Bonus
High Deposit Bonus
❌Cons
No Deposit Bonus only valid for 30 days
No other ongoing promotions are currently available

WForex

Overview

WorldForex, more commonly referred to as WForex, is an online forex broker which provides a convenient trading environment with a low barrier of entry.

The broker has a low minimum deposit requirement of US Dollar 1, allowing most traders of all experience levels and trading styles to open a live trading account without having to make a high initial financial investment.

WorldForex has a 12-year long history in the forex industry and has grown to serve over 350 000 customers from across 50 countries. In fact, World Forex was rated the best forex broker for digital contracts in 2015.

WorldForex offers free educational resources with customer support available 24/7, accounts available in national currencies, and digital contacts operated on the highly popular MetaTrader 4 trading platform.

As such, traders are offered a client-orientated trading environment that is also highly regulated, with World Forex being an authorized member of The Financial Commission.

WorldForex has an excellent standing in the industry and has garnered numerous awards, the most recent of which include the 2017 winner of the Le Fonti Awards in the Forex and Digital Contracts division.

Bonus and Offers

No Deposit Bonus and Terms
US Dollar 10 Welcome Bonus, which must be activated within 7 days of first-time account registration.
The welcome bonus can be canceled by the company if profits exceed 150%.
Profit can only be withdrawn after trading volume reaches a 1.9 standard lot.
Deposit Bonus
The broker does not appear to be offering a Deposit Bonus at this stage
Promotions
The broker does not appear to be running any additional promotions at this stage

Pros and Cons

✔️Pros
Decent No Deposit Bonus
Low minimum deposit
MetaTrader 4 available
Excellent customer support
❌Cons
Strict terms surrounding No Deposit Bonus
No other promotions available
Deposit Bonus not available

BullsEye Markets

Overview

BullsEye Markets is an online forex broker located offshore on the Marshal Islands. The broker offers 27/5 multilingual customer service and an advanced trading environment for a range of trading styles and experience levels.

Traders are provided access to the most popular asset classes, including Forex, Indices, Shares, Cryptocurrencies, Metals, and Energies, which can all be traded using the MetaTrader 4 trading platform's advanced selection of tools and analytics.

The broker also offers several live trading account options which are tailored to different trading strategies and styles.

BullsEye Markets differentiates itself by offering a number of different promotions and bonuses, including an ongoing No Deposit Bonus.

Bonus and Offers

No Deposit Bonus and Terms
US Dollar 30 No Deposit Bonus, available in Thailand and India only.
The No Deposit Bonus is valid for US Dollar 30 days.
The No Deposit Bonus can be traded with a maximum leverage of 1:300.
Deposit Bonus
15% Rescue Bonus on initial deposit
Promotions
100% Credit Bonus after funding account with US Dollar 100

Pros and Cons

✔️Pros
No Deposit Bonus which can be traded with high leverage
Rescue Deposit Bonus available to prevent the account from becoming overdrawn
Ongoing promotional credit bonus
❌Cons
No Deposit Bonus only available in Thailand and India

Kaje Forex

Overview

Kaje Forex provides investors and traders with access to a range of global economies on the forex markets as well as various other financial instruments, including forex, CFDs, commodities, and indices.

Clients can trade over 40 major currency pairs on the advanced MetaTrader 4 trading platform, while four different account types are available, each designed to facilitate specific trading strategies and experience levels.

Investors are also assigned a personal consultant to allow for a more successful trading experience, which is coupled with prompt and efficient customer support available 24 hours, 5 days a week.

Bonus and Offers

No Deposit Bonus and Terms
US Dollar 50 No Deposit Bonus
The No Deposit Bonus can be traded with a maximum leverage of 1:400
Profits can be withdrawn after at least 1 lot of trading volume
The first-time withdrawal may not be greater than US Dollar 100.
Deposit Bonus
100% Deposit Bonus for any investment amount
20% Bitcoin Deposit Bonus
Promotions
Refer a Friend Promotion

Pros and Cons

✔️Pros
No Deposit Bonus is available, which can be traded on high leverage
Deposit Bonus available
Wide range of tradable instruments
MetaTrader 4 available
❌Cons
Deposit Bonus comes with limiting withdrawal conditions

IUX Market

Overview

IUX Market is a Singapore-based online forex broker which is also regulated in Cyprus under the Cypress Securities and Exchange Commission.

The broker offers access to several popular asset classes, including Forex, Futures, Indices, Shares, Metals, and Energies.

Client trades are executed using the popular MetaTrader 4 trading platform, which is available to download for iPhone, Android, and Windows Desktop.

Bonus and Offers

No Deposit Bonus and Terms
US Dollar 30 No Deposit Bonus
Any bonus not used within 7 days will be canceled
Profit can only be withdrawn on an order which is open for longer than 15 minutes
Profit can only be withdrawn after a trading volume of 5 standard lots
Deposit Bonus
IUX Markets does not appear to be offering a Deposit Bonus at this stage
Promotions
IUX Markets does not appear to be running any additional promotions at this stage

Pros and Cons

✔️Pros
No Deposit Bonus is available
Well regulated
MetaTrader 4 available
❌Cons
No Deposit Bonus expires after 7 days of not being used
Deposit Bonus not available
Additional Promotions not available

Forex.ee

4.7/5

Rated #242  of
Recommended FX Brokers

💰Minimum Deposit

🌐 Regulators

☪️ Islamic Account

📊 Trading Fees

🕒 Account Activation Time

Overview

Forex.ee is an offshore forex broker located in St Vincent and the Grenadines, which offers ECN/STP technology using the advanced MetaTrader 4 platform.

Trading conditions include no requotes, tight spreads, and the ability to trade in periods of higher market volatility. The broker also offers STP accounts with no commission charges and low initial deposit requirements.

Exchange-like Crypto-currency trading is available on Forex. ee's cutting-edge Crypto accounts. All trades are processed directly to the market by means of ECN/STP technology without any interventions from the broker's side.

Bonus and Offers

No Deposit Bonus and Terms
US Dollar 15 Welcome Bonus for STP account.
Bonus and profit withdrawable at any time, with a withdrawal fee of US Dollar 15.
Deposit Bonus
Forex.ee does not appear to be offering a Deposit Bonus at this stage
Promotions
0% Commission on all new deposits

Pros and Cons

✔️Pros
STP processing available
MetaTrader 4 available
No Deposit Bonus is available
❌Cons
Withdrawal fee equals the amount of the No Deposit Bonus
Deposit Bonus not available

Grand Capital

4.7/5

Rated #202  of
Recommended FX Brokers

💰Minimum Deposit

🌐 Regulators

☪️ Islamic Account

📊 Trading Fees

🕒 Account Activation Time

Overview

Grand Capital is an online broker based in Russia, which was first established in 2006. The broker provides traders with access to over 330 assets, including currency pairs, and international stock CFDs, indices, metals.

Grand Capital's high-quality services are complemented by the MetaTrader 4 platform and an advanced web-based terminal, as well as the ability to build investment portfolios with more than 250 stock market assets.

Bonus and Offers

No Deposit Bonus and Terms
US Dollar 500 No Deposit Bonus
Only valid for 7 days, but can be traded with a maximum leverage of 1:100
For every US Dollar 5 of withdrawable profit, 1 lot must be traded
Deposit Bonus
40% Deposit Bonus
Promotions
Daily cashback rewards
Commission-free deposits

Pros and Cons

✔️Pros
High No Deposit Bonus
High leverage
Deposit Bonus available
Ongoing Promotions available
❌Cons
No Deposit Bonus is only valid for 7 days

FortFS

4.7/5

Rated #244  of
Recommended FX Brokers

💰Minimum Deposit

🌐 Regulators

☪️ Islamic Account

📊 Trading Fees

🕒 Account Activation Time

Overview

Fort Financial Services, more commonly referred to as FortFS, is an offshore forex broker located in St Vincent and the Grenadines.

FortFS was first established in 2010 and has since grown to offer its services globally to clients from more than 30 countries.

The broker has an excellent standing in the industry and has garnered numerous awards, the most recent of which include Best Forex Broker in Asia 2018, and Best Forex Broker for Newbie Traders 2016.

Bonus and Offers

No Deposit Bonus and Terms
US Dollar 35 No Deposit Bonus
Available for 45 days
Traders must complete a trading turnover of 20 lots for USD/EUR accounts before withdrawing profit
Deposit Bonus
50% Deposit Bonus
Promotions
10% Cashback promotion

Pros and Cons

Pros
No Deposit Bonus Available
Deposit Bonus and ongoing Promotions available
Wide range of tradable assets
❌Cons
20 lots must be traded before withdrawals can be made on the No Deposit Bonus

InstaForex

Instaforex Broker Review

4.8/5

Rated #40 of
Recommended FX Brokers

💰Minimum Deposit

🌐 Regulators

☪️ Islamic Account

📊 Trading Fees

🕒 Account Activation Time

Overview

InstaForex is an online Forex broker which was first established in Russia in 2007 and is licensed to operate from its offices in Cyprus. In fact, InstaForex has over 260 representative offices around the globe.

Clients of InstaForex have access to trade a wide range of popular asset classes, including Forex, CFDs, Futures, Indices, and Cryptocurrencies, which are provided on the advanced MetaTrader 4 platform.

InstaForex has a strong industry standing, having received numerous awards for its variety of tools and features, the most recent of which include Best Broker in Eastern Europe 2019, and Best Forex Cryptocurrency Trading Platform.

Bonus and Offers

No Deposit Bonus and Terms
US Dollar 1 500 No Deposit Bonus, valid for 7 days
Profit can be withdrawn after a lot size of 3 x Profit Amount
Deposit Bonus
30% Deposit Bonus
Promotions
Several contests and competitions are available

Pros and Cons

✔️Pros
High No Deposit Bonus
Wide range of tradable assets
MetaTrader 4 available
❌Cons
No Deposit Bonus not available to US residents

AGEA

A review about AGEA

4.8/5

Rated #183  of
Recommended FX Brokers

💰Minimum Deposit

🌐 Regulators

☪️ Islamic Account

📊 Trading Fees

🕒 Account Activation Time

Overview

AGEA is a multinational online forex broker which has global offices located in several countries. Trading is provided through two advanced trading platforms, namely Streamster and MetaTrader 4.

AGEA offers commission-free trading coupled with competitive spreads and provides access to a wide range of currency pairs.

Traders can enjoy access to live and virtual banks within a trading account as well as an integrated account center that allows merchants to perform most of their administrative tasks.

Bonus and Offers

No Deposit Bonus and Terms
US Dollar 5 No Deposit Bonus
Trading leverage depends on the account type
Withdrawals can be requested at any time
Deposit Bonus
AGEA does not appear to be offering Deposit Bonuses at this time
Promotions
AGEA does not appear to be running any additional promotions at this time

Pros and Cons

✔️Pros
Advanced trading environment
Profits from the No Deposit Bonus can be withdrawn at any time
❌Cons
Deposit Bonus not available
Additional promotions not available

FreshForex

4.7/5

Rated #233  of
Recommended FX Brokers

💰Minimum Deposit

🌐 Regulators

☪️ Islamic Account

📊 Trading Fees

🕒 Account Activation Time

Overview

FreshForex is a Russian online forex broker which was first established as far back as 2004 and is headquartered in St Vincent and the Grenadines.

FreshForex mainly offers its services among Russian and Asians but has also become extremely popular with many other traders around the world for its competitive and advanced trading conditions.

FreshForex offers an impressively high maximum leverage of 1:1000, and access to over 50 currency pairs, as well as for cryptocurrencies and a range of CFDs.

Bonus and Offers

No Deposit Bonus and Terms
US Dollar 2020 No Deposit Bonus
Valid for 7 days upon first receiving the bonus
Traders must complete 1 lot per US Dollar 5 of saved profit within 30 days
Deposit Bonus
200% Deposit Bonus, valid for deposits of US Dollar 500 or higher
Promotions
Cashback Promotion, consisting of a spread rebate of up to US Dollar 20.

Pros and Cons

✔️Pros
Extremely high No Deposit Bonus
Extremely high leverage is available
MetaTrader 4 available
❌Cons
Deposit Bonus only available for deposits of US Dollar 500 or higher

Errante

Overview

Errante is an online forex broker that was developed by a group of industry experts with over 30 years of experience in the financial markets.

Errante provides top-quality personal support and ensures a reliable trading environment, with access to five asset classes, including forex, shares, energies, metals, and indices.

This advanced offering is further complemented by multiple funding options and flexible account types including tailor-made custom solutions.

Bonus and Offers

No Deposit Bonus and Terms
US Dollar 35 Welcome Deposit
Valid until the first withdrawal
Can be traded with a maximum leverage of 1:500
Deposit Bonus
Errante does not appear to be offering a Deposit Bonus at this stage
Promotions
Errante does not appear to be running any additional promotions at this stage

Pros and Cons

✔️Pros
High leverage available
Advanced trading platforms
❌Cons
Deposit Bonus not available
Additional Promotions not available
No Deposit Bonus only available until the first withdrawal

5000 No Deposit Pamm Forex Bonus Gainsy

Source: https://forexsuggest.com/forex-brokers-no-deposit-bonuses/

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