Forex No-Deposit bonuses of 2021 — [A Brief Discussion]

by MD Tanjib Forex Trading Author

Forex no-deposit bonus or welcome bonus is a very familiar word to all the traders who are related in forex trading. Traders find happiness when they hear that someone providing the best no-deposit bonus available in the market. So, let’s know more about the Forex no-deposit bonus.

According to several forex media companies, the availability of the forex no deposit bonus has increased to a larger amount since 2018. If I only follow the information started at Forex Penguin then I will notice that approximately 25% of traders are considering a no-deposit bonus as their GO-TO since 2018.

So, what you will need to get the no-deposit bonus?

There are TWO methods available in the market right now.

1. The 1st method

Registration
Identity Verification
Bonus Claim

2. The 2nd method

Registration
Bonus Claim
Identify Verification Upon Profit Withdrawal

So, after a lot of research, I found some recent Forex no-deposit bonuses available in the market. Let me put some of these —

XM $30 No Deposit Bonus in 2021

XM is one of the top-rated Forex brokerage companies which have proceeded through their reputation for a long time and are still ROCKING the brokerage industry. They are operating globally with a numerous satisfied trader base. They are heavily authorized by probably the toughest regulatory bodies including:

Cyprus Securities and Exchange Commission (CySEC)
International Financial Services Commission (IFSC)
Financial Conduct Authority (FCA)
Australian Securities and Investment Commission (ASIC)
Dubai Financial Services Authority (DFSA)

Claiming Procedure

Available to: New clients across the globe.
Bonus: $30 on a live account — no deposit required
How to get: You need to register an account
Withdrawal: You can withdraw the profit amount

Note: Clients registered under Trading Point of Financial Instruments Ltd are not eligible for the bonus.

Offer will expire: 18 November 2021

FBS No Deposit Bonus 2021 — “Trade $100 Bonus”

FBS is one of the most reputed and widely famous brokerages in the Foreign exchange industry. They were fabricated back in 2009 and have been operating since and that too globally. As they operate globally, they are known as different names in different continents as in the EU they are known as Tradestone Ltd which is obviously regulated by one of the strictest regulated bodies aka Cyprus Securities and Exchange Commission (CySEC).

Claiming procedure

Available to: Both new and old clients across the globe.

Bonus: $100 USD or equivalent amount of no deposit bonus.

How to get: Open a new $100 bonus with an MT5 account and request it.

Withdrawal: Yes, after trading 5 lots in no more than 30 days.

Note: The promotion can be changed or terminated at any time without previous notice.

Offer will expire: 31 November 2021

Tickmill $30 No Deposit Bonus in 2021

Among the sea of brokerages, Tickmill is considered to be one of the fastest-growing Forex brokerage companies as they’ve started their journey back in 2014.

And hold on a bit, there’s more than meets the eye!

They are also a HUGELY regulated Foreign exchange broker by having CySEC, FSS, and FCA regulatory bodies and making it a “SAFE HAVEN” for the retail market traders and investors. Moving on, they also possess an enormous trader fanbase in almost every country across the globe.

Claiming procedure

Available to: All the new clients.

Bonus: 30$ No Deposit bonus.

How to get: First, create an account with Tickmill broker.

Withdrawal: Only the profits made from the bonus can be withdrawn.

Other conditions: Trading with EA is not allowed and the bonus is substantial for 90 days.

Offer will expire: Ongoing ( accurate time is not mentioned).

AvaTrade $200 No Deposit Bonus in 2021

AvaTrade was formed back in 2006 and since then they’ve been considered as one of the most prestigious and accomplished brokerages across the globe. AvaTrade is HUGELY known for its implantation of the latest and cutting-edge technologies into their wireframe so that their users can feel the technological evolvement of the modern trading era.

AvaTrade is now working with almost 190 countries and has over 2 million active users. Besides, they are also known as one of the tightest and secure trading platforms among all the BEST Foreign exchange brokers.

Claiming procedure

Available to: All the new clients.

Bonus: 200$ welcome bonus.

How to get: First, create an account with AvaTrade broker.

Withdrawal: Only the profits made from the bonus can be withdrawn.

Other conditions: Not stated.

Offer will expire: Ongoing ( accurate time is not mentioned).

The Bottom Line

In one word, forex no-deposit bonus is just awesome but there are some alternatives. It has some pros and cons also. But connecting with a reliable broker can be the right decision for making money. I think novice traders must keep on it.

Gratitude!