6 Best Forex Brokers with No Deposit Bonus

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You want to test a live forex account and keep trading profits without risking your own capital. This article is for you. Read on to find six vetted brokers that run no-deposit credit promotions. Each profile explains how the bonus works, the concrete costs, limits, and withdrawal hurdles.

Expect a quick answer summary first. Then see the evaluation criteria used. Next: six in-depth broker profiles. Each profile includes numbers, clear use cases, and pitfalls. Finish with a compact comparison table and a short decision tree to pick the right offer. Check the terms before you sign up. Test execution, spreads, and withdrawal rules with care.

Quick Answer / TL;DR

• If you want low-cost scalping and tight spreads → TickMill (spreads from 0.0 pips; promos often include $10–$30 live credit).
• If you want the largest bonus credit to practice position sizing → look for brokers advertising $30–$100 no-deposit credits.
• If you want easy profit withdrawal after bonus trading → pick brokers that allow withdrawals after modest volume targets (seek targets under 10,000 micro-lots).
• If you want a demo-to-live bridge and platform choice → choose a broker with MetaTrader plus a proprietary web/mobile platform and $0 minimum deposit to claim the bonus.

What We Looked For

Check these five filters when comparing offers.

• Bonus size and clarity: preferred explicit credits of $10, $30, $50, or $100. Avoid vague statements.
• Withdrawal rules: prioritized offers where profits are withdrawable after reasonable trading volume or simple verification. Targets under 10,000 micro-lots scored higher.
• Spreads and execution: favored spreads from 0.0–1.5 pips and STP/ECN or fast STP execution. Commission clarity counted (e.g., $2–$4 per side per lot).
• Platform and instruments: prioritized MetaTrader 4/5 plus web/mobile, 50+ forex pairs or 500+ instruments on offer.
• Regulation and support: preferred brokers with a visible regulator, published company info, and support response under 72 hours.

Watch out for: promotion pages that omit the exact bonus amount, the exact trading-volume trigger, or whether profits become withdrawable.

1. TickMill — Low-spread ECN style + promotional no-deposit credit

TickMill appeals to traders who need minimal spread costs to scalp. Expect spreads on majors from 0.0 pips on ECN-type accounts and about 1.0 pips on standard accounts. Commissions on Pro/ECN accounts usually run around $2–$4 per side per 1 lot (100,000 units). Periodic promotions credit new live accounts with $10–$30 to trade without a deposit.

Test execution: STP/ECN routing with reported execution latency under 100 ms in some regions. Use the credit to verify real spreads, slippage, and order-fill quality on 60+ forex pairs and up to 1,000 CFDs on some account types. Typical trade size minimum is 0.01 lot (1,000 units), so you can place micro-lot trades.

Withdrawal mechanics: profits from the no-deposit credit usually become withdrawable only after you meet trading-volume requirements or finish identity verification. Expect processing times of 24–72 hours after you meet conditions. Some campaigns require trading volume totals in the thousands of mini-lots to unlock full withdrawal.

Best for: Scalpers and high-frequency traders who need spreads from 0.0 pips and commission-based execution.
Skip if: You need a guaranteed withdrawable bonus with no trading volume requirement.

Key points:
– Typical no-deposit credit: $10–$30 per campaign.
– Spreads on majors: 0.0–1.2 pips by account type.
– Commission: approx. $2–$4 per side per 1 lot on ECN accounts.
– Instruments: 60+ forex pairs and up to 1,000 CFDs.
– Withdrawal processing: 24–72 hours after meeting volume or verification.

Watch out for: bonus profits locked until you meet trading-volume requirements that can reach multiple thousands of mini-lots.

2. HFM (HotForex) — Broad promo reach with flexible bonus terms

HFM runs promotions across many regions. Typical no-deposit credits range from $10 up to $100 depending on campaign and client verification. The broker supports MetaTrader 4 and 5, with leverage options advertised up to 1:500 where allowed. You can trade 50+ forex pairs and many CFDs—some platforms list 1,000+ instruments.

Access the bonus after basic KYC steps. Many traders report credit posting within 24–48 hours after ID upload and email verification. Use the funds to test leverage settings and margin behavior. With leverage up to 1:500, a $30 credit can control a position size of $15,000 nominally (but check regional limits).

Withdrawal rules: profits typically become withdrawable after reaching a required trading volume or completing full verification. Volume targets vary by campaign; some require 2,000–10,000 micro-lots or an equivalent number of trades. Processing times typically range from 1–5 business days.

Best for: Traders who want a flexible no-deposit promotion plus high leverage to test strategies.
Skip if: You trade from a jurisdiction where high leverage or certain promotions are restricted.

Key points:
– Typical no-deposit credit: $10–$100 based on region and campaign.
– Leverage: up to 1:500 where permitted.
– Instruments: 50+ FX pairs and 1,000+ CFDs in some platforms.
– Bonus posting: usually within 24–48 hours after verification.
– Withdrawal: withdrawable after volume/verification; processing 1–5 business days.

Watch out for: higher leverage increases margin call risk when trading a bonus; read volume requirements carefully.

3. JustMarkets — Straightforward bonus access + variable credit sizes

JustMarkets offers promotional credits that new accounts can use immediately after identity checks. Typical credits sit between $10 and $50 per campaign. The broker supports MetaTrader platforms and claims spreads on majors from roughly 0.1 pips on some accounts. Account tiers include both commission-free standard options and commission-based ECN options.

Sign-up flow is fast: email plus ID and phone verification commonly results in credit posting within 24 hours. Minimum trade sizes often start at 0.01 lot, letting you trade micro-lots with a $10 credit. Spreads vary by account, commonly from 0.1–1.5 pips on major pairs.

Profit withdrawal rules: some no-deposit promotions release profits only after you either make a first deposit or reach a trade volume target. Typical volume triggers reported by users range from 1,000 to 10,000 micro-lots depending on campaign. Withdrawal processing times commonly sit at 1–3 business days after fulfillment.

Best for: New traders who want quick access to a small live credit to practice real-market order execution.
Skip if: You need very large no-deposit credits (over $100).

Key points:
– Typical no-deposit credit: $10–$50 depending on campaign.
– Spreads on majors: ~0.1–1.5 pips by account.
– Minimum trade size: 0.01 lot (1,000 units) typical.
– Bonus posting: often within 24 hours after KYC.
– Withdrawal: may require deposit or trading volume (1,000–10,000 micro-lots).

Watch out for: some campaigns require a first deposit or high volume to convert bonus gains to withdrawable cash.

4. Windsor Brokers — Transparent fees and a $30-style no-deposit offer

Windsor Brokers has long-run operations and has run $30-style no-deposit credits to let new clients test live trading. Promotional amounts vary by region; $30 is a frequently cited example. Windsor emphasizes published spreads and responsive customer support, which often replies within 24–72 hours.

Platform options include MetaTrader 4 and 5, with account types that feature fixed or variable spreads. Typical spreads on standard accounts range from 0.7–1.5 pips on majors. Withdrawal of profits from promotional credits usually requires identity checks and a trading-volume condition or a minimum first deposit in some campaigns.

The broker lists instrument counts at more than 50 forex pairs and multiple CFDs. Commission models differ by account; many traders pay typical commissions per round trip on ECN accounts where applicable. Processing times for withdrawal claims generally range from 24 hours to 5 business days after conditions are met.

Best for: Traders who value straightforward conditions and a clear mid-sized no-deposit credit to learn platform execution.
Skip if: You want the very tightest ECN spreads or the largest no-deposit credit.

Key points:
– Typical no-deposit credit: commonly $30 in promotions.
– Spreads: typically 0.7–1.5 pips on standard accounts.
– Instruments: 50+ FX pairs and multiple CFDs.
– Support response: usually under 72 hours.
– Withdrawal: may require trading volume or a minimum deposit; processing 24 hours–5 days.

Watch out for: some campaigns add a minimum-deposit clause before allowing profit withdrawal.

5. RoboForex — Large instrument range and varied promo credits

RoboForex promotes credits and demo-to-live incentives across its account types. Typical no-deposit credits fall in the $10–$50 band. Platforms include MetaTrader 4/5 plus the R Trader web platform. Instrument breadth can exceed 1,000 instruments on certain accounts, including stocks, indices, commodities, and crypto CFDs.

Spreads vary: 0.0–1.5 pips on majors depending on the account. ECN-style accounts use commission-based pricing. Minimum trade sizes commonly start at 0.01 lot. Promotional credit is often applied after KYC and can post within 24–48 hours.

Withdrawal terms: profits from bonus trades generally become withdrawable after you meet the stated conditions: either a deposit, a fixed trade count, or a trading volume target. Volume triggers commonly range between 1,000 and 10,000 micro-lots. Withdrawal processing times often range from 1–7 business days depending on the payment method.

Best for: Traders who want to test many asset classes with bonus credit and access advanced order types.
Skip if: You need a broker solely for ultra-tight spreads on majors with minimal commissions.

Key points:
– Typical no-deposit credit: $10–$50 depending on promotion.
– Instruments: up to 1,000+ instruments on some accounts.
– Spreads: 0.0–1.5 pips by account type.
– Minimum trade size: usually 0.01 lot (1,000 units).
– Withdrawal: typically requires meeting bonus T&Cs; processing 1–7 days.

Watch out for: some promotions limit which instruments you can trade using bonus funds.

6. xChief (formerly ForexChief) — Niche promotions and account flexibility

xChief runs region-targeted promotions and occasional no-deposit credits in the $10–$30 range. The broker supports MetaTrader terminals and claims ECN-like execution on certain account types. Spreads depend on account and region, typically from 0.0–1.8 pips on majors.

Promotions often require specific sign-up steps: phone/SMS verification, ID upload, or a social-proof step. Once you complete the required verification, credits commonly post within 24–72 hours. Account options include commission-free and commission-based variants. Minimum trade sizes often start at 0.01 lot.

Withdrawal rules: expect bonus funds to be non-withdrawable, while profits may be withdrawable after meeting bonus T&Cs. Typical T&C hurdles include trading volume targets or a qualifying first deposit. Processing times can be 24 hours to several business days after conditions are met.

Best for: Traders in regions where xChief actively markets who want a quick live test without funding.
Skip if: You require broad regulatory coverage or very large no-deposit credits.

Key points:
– Typical no-deposit credit: $10–$30 per promotion.
– Spreads: from 0.0–1.8 pips across account types.
– Minimum trade size: usually 0.01 lot.
– Bonus posting: 24–72 hours after verification.
– Withdrawal: profits withdrawable after meeting campaign T&Cs.

Watch out for: promotional availability varies by country and is often time-limited.

Comparison table — quick snapshot

Short decision tree to choose the right offer

1. Want the lowest spreads for scalping?
2. Choose TickMill if you need 0.0 pips and commission-based ECN pricing ($2–$4 per side).
3. Want the largest promo credit to test size?
4. Look for HFM or brokers advertising $50–$100 credits. Verify regional availability.
5. Need quick posting and easy verification?
6. Pick JustMarkets or xChief; credits often post within 24–72 hours after KYC.
7. Want to trade many asset classes with bonus funds?
8. Choose RoboForex with 1,000+ instruments and multi-platform options.
9. Prefer transparent fees and a clear mid-size bonus?
10. Consider Windsor Brokers with commonly advertised $30 credits and published spreads.

Action steps:
– Compare bonus amounts: $10 vs $30 vs $100.
– Check the exact trading-volume trigger: aim for offers under 10,000 micro-lots.
– Verify spreads and commission: 0.0–1.2 pips and $2–$4 per side suit scalpers.
– Confirm withdrawal timing: 24 hours to 7 business days depending on method.

Watch out for: fine print that requires a first deposit, a total-trade-count, or high volume before profits become withdrawable.

Final checklist before you sign:
– Verify the advertised bonus amount and the required documents.
– Confirm minimum trade size and available leverage (e.g., 0.01 lot minimum; leverage up to 1:500 where allowed).
– Note any instrument restrictions when trading with bonus funds.
– Record the support SLA: seek responses within 72 hours for payment or bonus queries.

Test the offer with small risk. Use micro-lots (0.01) to limit exposure. Keep track of all numbers: bonus size, spread, commission, volume target, and processing time. Compare at least two brokers before committing.