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Top 3 Best Forex Brokers with No Deposit Bonuses 2025
In this guide
- 1. Top 3 Best Forex Brokers with No Deposit Bonuses 2025
- 2. Best forex brokers with no deposit bonuses overall for 2025
- 3. What are the best forex brokers with a no deposit bonus?
- 4. Top 3 forex brokers with no deposit bonus, reviewed
- 5. What is a forex broker?
- 6. What is a no deposit bonus?
- 7. How does a no deposit forex bonus work?
- 8. Things to look out for
- 9. Quick answers to key questions
- 10. Should I sign up for a bonus?
Trade your favourite markets with our top-rated broker, .
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
If you’re ready to start trading forex but don’t want to risk any of your own money, then a no deposit forex broker is the way to go. These platforms add bonus funds to your account, so you can trade with no risk.
Our team of broker experts have reviewed and personally tested dozens of the best no deposit forex brokers and you can find out which ones came out on top right here. Read on to learn more and compare the best no deposit forex trading platforms in 2025.
Best forex brokers with no deposit bonuses overall for 2025
Copy link to sectionWhat are the best forex brokers with a no deposit bonus?
Copy link to sectionIf you want to sign up for a broker right away, these are the best forex platforms that offer a no deposit bonus. You can head to their websites using the links in the table below, or keep reading to get more information first.
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
Plus500
This information is NOT relevant to EU residents who are to be serviced by EU subsidiaries of the Plus500 Group, such as Plus500CY Ltd, authorized by CySEC (Reg. 250/14). Different regulatory requirements apply in Europe, such as leverage limitations and bonus restrictions.
Best forex broker with no deposit bonuses
Top 3 forex brokers with no deposit bonus, reviewed
Copy link to sectionWe found 3 forex brokers for users based in
1. eToro. Best for beginners, copy-trading & demo-account
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Overview
We love eToro because it’s an easy place to trade the currency markets. Forex can be intimidating, but eToro strips back the complexity to give you a platform where you can trade 50+ currencies at competitive prices and with up to 30x leverage*.
*CFDs trading is restricted for US users.
As well as being a broker that offers lots of investor protection, eToro offers a very social trading experience. You can easily see how all the major and minor forex pairs are performing every day, track how investors feel about every one of those currencies, and copy other people’s trade suggestions from your desktop or the eToro app.
The fees: eToro charges a fee on currency trades through the spread. Spreads are variable depending on the currency and start from 1 pip for EUR/USD trades, 1.5 pips for EUR/GBP, and 2 pips for GBP/USD. Overnight and weekend fees apply.
Highlights
| No. of tradable assets | 3600+ |
| Min. Deposit | $100 |
| ID verification required | Yes |
| Free demo account | Yes |
| Supported assets | Stock CFDs, ETF CFDs, Forex CFDs, Index CFDs, Commodity CFDs, NFTs, Crypto |
| Mobile trading app | Yes |
| Web trading platform | Yes |
| Regulatory bodies | ASIC, FCA, CySEC, FinCEN |
Fees & Costs
| Trading fees | Yes, on certain assets |
| Inactivity fees | Yes |
| Rollover/overnight fees | Yes, on CFDs |
| Withdrawal fees | Yes |
| Spreads | Yes, on certain assets |
| Conversion fees | Yes, for non-USD currencies |
Pros & Cons
51% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.
2. Plus500. Best for international trading*
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Overview
We love Plus500 because it is one of the industry’s most transparent and reliable brokers. Its fees are clear and you’ll know exactly what you will be paying before you trade. Its technology driven platform gives access to forex futures for over 10 symbols.
Plus500 has something for all types of forex traders, no matter what level of experience. Its low margin requirements (starting at $40) and different contracts make it a top choice for day traders. At the same time, its trading academy is packed with educational content, perfect for beginners just starting.
For accurate instrument availability, visit plus500.com.
The fees: Plus500 charges a commission of $0.49 per Micro contract and $0.89 per Standard contract (per side). There is an Auto-Liquidation fee of $10 per contract. Other exchange fees may be applicable and can be found on the CME group website.
*Based on a comparison of 60+ leading brokers and trading platforms.
Highlights
| No. of tradable assets | 2800+ |
| Min. Deposit | $100 |
| ID verification required | Yes |
| Free demo account | Yes |
| Supported assets | Stock CFDs, ETF CFDs, Forex CFDs, Crypto CFDs, Index CFDs, Commodity CFDs |
| Mobile trading app | Yes |
| Web trading platform | Yes |
| Regulatory bodies | FSA, ASIC, FMA, FCA, CySEC |
Fees & Costs
| Trading fees | No |
| Inactivity fees | Yes |
| Rollover/overnight fees | Yes |
| Withdrawal fees | No |
| Spreads | Yes |
| Conversion fees | Yes |
Pros & Cons
This information is NOT relevant to EU residents who are to be serviced by EU subsidiaries of the Plus500 Group, such as Plus500CY Ltd, authorized by CySEC (Reg. 250/14). Different regulatory requirements apply in Europe, such as leverage limitations and bonus restrictions.
What is a forex broker?
Copy link to sectionIt’s an online platform that acts as the middleman between you and the foreign exchange market. You need a broker to buy or sell different currency pairs and each platform comes with its own set of pros and cons.
Many of these platforms offer a bonus to entice new customers to the platform. Sometimes you have to deposit some money into your account in order to qualify for it, but it’s possible to find brokers that give you a bonus simply for signing up.
What is a no deposit bonus?
Copy link to sectionIt’s a bonus that’s paid into your account as soon as you sign up for a broker. It’s in contrast to most offers, which require you to deposit a certain amount in order to access it. A no deposit bonus can be a good way of testing out a platform or getting started on the forex market without having to put any of your own money at risk.
The bonus normally takes the form of a fixed sum and comes with some strings attached. It’s standard practice for the broker to require that you make a certain amount of trades before you can withdraw any money. Often that means you have to ‘turn over’ the initial bonus amount two or three times before you can take any money out.
How does a no deposit forex bonus work?
Copy link to sectionIt works exactly like it sounds. Your broker will give you a bonus without requiring you to make a deposit. Some forex brokers typically offer a smaller amount of bonus funds, such as $10, or $50 to new users as an incentive to sign up and try their platform.
These bonus funds can be used to open trades just like real money, allowing you to experience live trading, with zero risk. It’s important to remember that while a no deposit forex bonus will offer free capital to trade, it will likely come with conditions and turnover minimums before you can withdraw.
Things to look out for
Copy link to sectionAlong with offering a bonus you need to make sure that the broker you choose is a reliable platform that can help you get the best out of the forex market. Consider all these factors, as well as the size of the bonus offer, before signing up with a broker.
Design and ease of use
Copy link to sectionLook for a platform that makes it easy to find important information with a clean, simple interface. If you want to make trades on the go then prioritise one with a quality forex broker mobile app. If you’re a beginner, then a broker that offers up useful advice to guide you in the right direction might be best.
Currency pairs available
Copy link to sectionForeign currencies are traded in pairs. The ‘major’ pairs include the US Dollar against seven other leading currencies. The ‘minors’ are combinations of those currencies excluding the dollar, while ‘exotics’ include currencies from developing markets that tend to be much more volatile.
The majors make up more than 85% of all trading volume in the forex market and it’s easy to find a broker that offers those. If you want to trade the minors or, especially, exotic currencies, then you might have to look more carefully in order to find a broker that offers them.
Fees and charges
Copy link to sectionEvery broker charges fees for certain actions and these vary from platform to platform. The most common charge is in the form of trading fees, which might be a flat rate of a few pounds per trade or a percentage of each transaction. It’s best to prioritise as low fees as possible, especially if you intend to make lots of trades.
Lot sizes
Copy link to sectionForex trading is done in lots, which stands for the size of the trade. The standard lot size is $100,000, while there are smaller lots available, known as mini lots ($10,000), micro lots ($1,000), and nano lots ($100).
Most traders don’t put down the full amount on every trade themselves. Instead they use leverage to borrow money from their broker and multiply their stake up to the value of a lot. Beginners should start with one of the smaller lot sizes as it uses less leverage, which means it’s less risky.
Quick answers to key questions
Copy link to sectionCan I sign up for more than one bonus?
Copy link to sectionEach broker only lets you sign up for its bonus once. There is no limit to the number of different brokers you can sign up to in order to benefit from lots of different bonuses.
What types of bonuses are there?
Copy link to sectionNo deposit bonuses tend to take the form of a lump sum of cash. Usually, these bonuses are smaller than the ones on offer if you sign up for a deposit matching bonus, and often need to be ‘turned over’ a certain amount of times before you can withdraw any money.
How can I withdraw profits from a no deposit forex bonus?
Copy link to sectionIt’s not easy to withdraw profits from a no deposit forex bonus because of the strict terms and conditions that brokers impose. Usually, you’ll need to meet certain requirements before you can cash out your profits.
These may include reaching specific trading volume, sometimes as high as 50x the bonus amount, or maintaining an account balance above the initial bonus. Some also require you to trade a specific number of lots before withdrawing. You may also have to deposit your own funds prior to withdrawing bonus profits.
Are no deposit forex brokers regulated?
Copy link to sectionNo, not all no deposit forex brokers are regulated, and it’s important to verify the regulatory status of any broker offering such bonuses. Regulated brokers are supervised by financial authorities such as the Financial Conduct Authority (FCA) in the UK, the Cyprus Securities and Exchange Commission (CySEC), or the Australian Securities and Investments Commission (ASIC).
These regulators ensure that brokers adhere to strict standards, offering better protection to traders. While many no deposit bonus brokers are legitimate, there are some that may not operate under regulatory oversight, which can expose you to additional risks. Check out the regulatory status of the top 3 no deposit forex bonus brokers below:
| Region | eToro regulators | Plus500 regulators | Revolut regulators |
|---|---|---|---|
| Africa | – | FSA | – |
| Asia | – | – | – |
| Australasia | ASIC | ASIC, FMA | – |
| Europe | FCA, CySEC | FCA, CySEC | – |
| International | – | – | – |
| North America | FinCEN | – | – |
| South America | – | – | – |
| View more > | eToro > | Plus500 > | Revolut > |
Should I sign up for a bonus?
Copy link to sectionIf you intend to trade forex and want to get a boost to your cash to start with, a bonus is a great option. It can give you a bit of cash to start trading with, or supplement your deposit so that you can make bigger trades from the off.
However a bonus shouldn’t be the only reason you sign up for a broker. You still want to find a trading platform that’s reliable and regulated and that offers you the chance to be successful. You should still restrict yourself to choosing between the best forex brokers, even if that means sacrificing a little bit in the form of a bonus.
