- Best Forex Brokers
- Best No Deposit Forex Brokers
Best No Deposit Forex Brokers
|Rank||Broker Name||Trust Score||Bonus*||Reviews|
|1||InstaForex||80 / 100||100||InstaForex Reviews|
|2||XM||99 / 100||30||XM Reviews|
|3||Plus500||89 / 100||30||Plus500 Reviews|
|4||Xtrade||94 / 100||55||Xtrade Reviews|
|5||Markets.com||98 / 100||25||Markets.com Reviews|
*Bonus amounts may be adjusted to your local currency and may either be different or not be available for some countries
The above table contains the top ranked forex brokers in our database for opening a no deposit account.
What is a no deposit forex account?
Whilst almost every broker provides demo accounts with virtual currency, you might want the feeling of trading real money. Some brokers offer a cash bonus into your account without you needing to make a deposit with your own money.
Generally, these amounts are low – around $30 to $50 so you can only trade micro or mini lots and the bonuses come with terms and conditions but nonetheless they are free as they say. We have assessed the brokers in our database to score them in the following categories:
- No deposit bonus amount – How much they provide for free without a deposit
- Terms & conditions – How strict the terms and conditions are for withdrawing
- Currency pairs – The number of currency pairs available to trade
- Spreads – How low the spreads are for major currency pairs compared to other accounts