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Forex Trading No Deposit Bonuses and List of Brokers Offering The Bonus

 Forex trading no deposit bonus is an attractive offer in forex trading. Usually, brokers provide this offer when you want to trade without having to spend a dime. This is a real bonus and open trial or for demo.

What is Forex Trading No Deposit Bonus?

Literally, no deposit forex bonus is a bonus from the broker for free. You can trade this bonus on your forex account for real. Here, the broker gives this bonus to novice traders (who have just registered with the broker). So, traders will not need to deposit first to buy forex.

Perhaps, this idea is still relatively new in some countries. Still, bonuses like this are already popular in Indonesia. Unfortunately, this bonus cannot be eligible for some countries such as the US and the European Union.

Purpose of the No Deposit Bonus Forex Trading Offer

The purpose of this bonus is to encourage prospective traders and the general public about trading. So, you don't hesitate to start buying and selling forex. Of course, the broker offers this bonus to prospective traders who have tried using a demo or trial forex account.

When this prospective trader is interested or wants to be serious about buying and selling forex at the broker but still in doubt, that's where the broker offers this attractive bonus. So, prospective traders can trade or invest using the bonus money from the broker.

No Deposit Bonus Forex Trading Offer Functions

The no deposit bonus forex trading offer has several functions. One of its functions is to encourage prospective traders and the general public about trading. That way, they don't hesitate to start trading forex.

In addition, prospective traders can use this bonus for real time trading with the broker. This means that prospective traders do not need to spend a dime to be able to trade forex for the first time.

Then, another goal is to make novice traders comfortable in trading. So, traders will feel like continuing to learn and practice. Finally, traders, including you, will feel able to do real trading.

Advantages of Trading Forex No Deposit Bonus

To attract potential traders, some forex brokers provide a variety of bonus offers. A deposit bonus means that the broker offers a reward if you make a deposit. For example, a broker will give a 100% bonus on the deposit you make.

On the other hand, no deposit bonuses are definitely more attractive. With a free first deposit, you can start trading forex without risking your money. The broker designed this bonus to encourage new traders not to be afraid to invest real money into a forex trading account.

Tips for Choosing Forex Trading No Deposit Bonus

True, the global forex market is vast. You can use comparison websites to check the offers that are available at any given time. Then, you can narrow down the options according to your individual needs. In addition, you also need to read the reviews of traders who have used the bonus.

1. Regulation

First, consider the regulations, whether the broker has a license to offer this service in your country. In addition, you also have to make sure that the broker is legal and reliable. Then, also check if they have a regulatory license and if the regulations are valid.

2. Terms & conditions

You also need to read the terms & conditions of the forex trading no deposit bonus carefully. That is, you must understand the conditions for withdrawing profits. Usually, brokers set limits because they want to encourage traders to continue trading forex.

3. Deadline

Usually, the brokerage company provides a time limit for the bonus. For example, you have 30 days to trade the bonus before canceling the withdrawal.

4. Eligible currency pairs

maybe, the broker limits the use of this bonus on certain currency pairs. So, it is very important to read the terms or conditions carefully.

Broker with Forex Trading Offers No Deposit Bonus

For those of you who are still confused about how to be able to trade without a deposit for WD 2022, we have a summary of broker companies that offer these bonuses.

1. FBS

FBS is a forex broker that is very popular in Indonesia. The reason is, this broker often holds various kinds of bonus programs and interesting contests for its traders. Of course, FBS does not miss to provide a bonus in the form of No Deposit.

For the no deposit program, there are bonuses of 50 and 123 dollars. Usually, these no deposit bonus programs are only valid for a certain period of time and will continue to change. What is clear, there are certain rules that you must fulfill in order to get an attractive bonus

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