They actually need to trade with this money, and only gains from the trades can be withdrawn.
Expert traders can use the no deposit bonus to run and test new strategiesīut usually, there are certain conditions with which the brokers deposit the no deposit bonus to the new traders’ accounts.įor one, the traders cannot just withdraw the bonus credit to their bank account.New traders can start trading on the real markets without risking their own money.It is almost like handing out free money to new traders. Though the brokers run many promotional schemes, traders receive no deposit bonus without making any initial deposits. No deposit bonus is the initial free credit offered by the forex brokers upon the opening of a new trading account. It is one of the marketing tactics used by the brokers to attract new traders. Find the best forex no deposit bonus 2022 India brokers. We handpick the best no deposit bonus forex brokers based on our trading data and experience as a trader. Finally, we withdrew our funds to see if there is any issue with the withdrawal process. We also reached out to customer support to solve issues that we had encountered. We placed real trades in each popular market to get the real spreads. We opened real accounts and deposited between $4,000 and $8,000 with each of the brokers.
For this list, we have searched and tested several forex brokers that offer no deposit bonus.