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Our 2 top picks for No Deposit Bonus
We stand behind these two. Everything below is a fuller comparison and lower-weight alternatives.

Axi
- No minimum deposit
- ASIC, FCA and FMA regulated
- Axi Copy Trading platform

Deriv
- Unique synthetic indices available 24/7
- Over 25 years operating history
- Very low $5 minimum deposit
Why these two
Both brokers are shortlisted specifically for No Deposit Bonus, are regulated, and accept clients for this use case — we gate on regulation and safety first, then rotate the headline across the brokers that genuinely qualify so the same two names don't lead every page. Everything below is the fuller comparison.
CFDs are complex instruments and carry a high risk of losing money rapidly due to leverage. Trade only what you can afford to lose.
Can I withdraw the no deposit bonus instantly?
What is a No Deposit Bonus?
A no deposit bonus is a promotional offer where a broker gives new clients a small amount of real trading funds (typically $10-$50) just for signing up and verifying their account. Our current ranking starts with Axi where it is available, followed by Deriv, VT Markets, and Exness. Compare regulation, fees, platforms, account terms, and local funding fit before opening an account.
| Broker | Withdrawal | Amount | Currency | Expiry | Regulation & funding | Action | ||
|---|---|---|---|---|---|---|---|---|
![]() | 0.0 pips (Pro) | $0 | 1-2 business days | — | — | — | ASIC (Australia)FCA (UK)FMA (New Zealand) | |
![]() | 0.5 pips (Standard) | $5 | 1 business day | — | — | — | MFSA (Malta)LFSA (Labuan)VFSC (Vanuatu) | |
![]() | 0.0 pips (Raw ECN) | 1.2 pips (Standard STP) | $50 | 1-2 business days | — | — | — | ASIC (Australia)FSCA (South Africa)FSC (Mauritius) | |
![]() | 0.0 pips (Raw) | 0.2 pips (Standard) | $1 | Instant | — | — | — | FCA (UK)CySEC (Cyprus)FSCA (South Africa) | |
![]() | 1.3 pips | — | Instant for most electronic methods | $30 | USD | None | FSC | |
![]() | 0.0 pips (Raw) | $100 | Same day to 1 business day | — | — | — | ASIC (Australia)CySEC (Cyprus)SVG FSA | |
![]() | 0.0 pips (ECN) | $50 | 1-2 business days | — | — | — | FCA (UK)ASIC (Australia)FSCA (South Africa) | |
![]() | 1.2 pips | — | 24 hours | $35 | USD | None | FCACySECfSCA | |
![]() | 1.0 pips | — | 24 hours | $30 | USD/EUR/GBP | None | CySECASICIFSC | |
![]() | 1.3 pips (Standard) | $50 | 1-2 business days | — | — | — | FCA (UK)ASIC (Australia)CySEC (Cyprus) | |
![]() | 0.0 pips (Raw ECN) | $50 | 1-2 business days | — | — | — | ASIC (Australia)FCA (UK)CIMA (Cayman) | |
![]() | 0.0 pips (ECN Prime) | $0 | 1 business day | — | — | — | FMA (New Zealand)FSA (Seychelles) | |
![]() | 0.0 pips (Raw ECN) | 1.2 pips (Standard) | $10 | 1-2 business days | — | — | — | FCA (UK)FSC (Mauritius) | |
![]() | 0.0 pips (Raw) | 0.8 pips (Standard) | $200 | 24-48 hours | — | — | — | ASIC (Australia)CySEC (Cyprus)Seychelles FSA | |
![]() | 0.0 pips (Razor) | 1.0 pips (Standard) | $0 (Recommended $200) | 1-2 business days | — | — | — | ASIC (Australia)FCA (UK)CySEC (Cyprus) | |
![]() | 0.0 pips (ECN) | 1.5 pips (Standard) | $10 | 24 hours | — | — | — | FCA (UK)CySEC (Cyprus)FSCA (South Africa) | |
![]() | 0.9 pips (Standard) | $100 | 1-2 business days | — | — | — | Central Bank of IrelandASIC (Australia)FSCA (South Africa) | |
![]() | 0.8 pips (Standard) | $0 | Usually same day (free for >$50) | — | — | — | FCA (UK)KNF (Poland)CySEC (Cyprus) | |
![]() | 0.0 pips (Raw+) | 1.2 pips (Standard) | $100 | 1 business day | — | — | — | FCA (UK)CySEC (Cyprus)FSCA (South Africa) | |
![]() | 0.0 pips (Edge) | 1.0 pips (Classic) | $100 | 1-2 business days | — | — | — | ASIC (Australia)FMA (New Zealand)VFSC (Vanuatu) | |
![]() | 0.0 pips (Raw) | $100 | 1-2 business days | — | — | — | ASIC (Australia)FCA (UK)SCB (Bahamas) | |
![]() | 0.0 pips (Zero) | 0.5 pips (Trade) | $25 | 1-2 business days | — | — | — | FCA (UK)CySEC (Cyprus)ASIC (Australia) | |
![]() | 0.0 pips | — | 1 business day | $30 | USD | 90 Days | FSCFSA | |
![]() | 0.0 pips (Zero) | $0 | Same day | — | — | — | ASIC (Australia)VFSC (Vanuatu) | |
![]() | 0.0 pips (ThinkZero) | $0 | 1-2 business days | — | — | — | ASIC (Australia)FCA (UK)FSCA (South Africa) | |
![]() | 0.0 pips (Raw) | $0 | Same day | — | — | — | ASIC (Australia)VFSC (Vanuatu) | |
![]() | 1.5 pips (Standard) | 0.0 pips + $3/lot (ECN) | $50 | 24 hours | — | — | — | SCA (UAE) 20200000031VARA (UAE) VL/24/06/001ASIC (Australia) | |
![]() | 0.7 pips (Fixed, VIP) | 1.5-1.8 pips (Standard) | $25 | 1-2 business days | — | — | — | CySEC (Cyprus)ASIC (Australia)FSC (BVI) | |
![]() | 0.2 pips (Raw) | $100 | 1-2 business days | — | — | — | FCA (UK)CySEC (Cyprus)CIMA (Cayman Islands) | |
![]() | 0.0 pips (ECN) | 1.8 pips (Classic) | $10 (Cent) / $50 (Classic/ECN) | 1-2 business days | — | — | — | CySEC (Cyprus)FSC (Mauritius)SVGFSA (registration only) | |
![]() | 0.0 pips (Commission-based) | $10 | 1-5 business days | — | — | — | CySEC (Cyprus) | |
![]() | From ~1.0 pips (confirm current terms) | $50 | Confirm current terms directly | — | — | — | FCA (UK) | |
![]() | 0.6 pips | $100 | 1-2 business days | — | — | — | FCA (UK)CySEC (Cyprus)ASIC (Australia) | |
![]() | 0.0 pips (GO Plus+) | 1.1 pips (Standard) | $0 | 1-2 business days | — | — | — | ASIC (Australia)CySEC (Cyprus)FSC (Mauritius) | |
![]() | 0.7 pips | — | 15-20 minutes | $70 or $140 | USD | 40 Days | IFSCCySEC | |
![]() | 0.6 pips (Standard) | $250 ($0 bank transfer) | 2-5 business days | — | — | — | FCA (UK)ASIC (Australia)CFTC/NFA (USA) |




































We earn a commission when you open an account through the buttons above. It does not change the ranking — our methodology. High risk: 68–80% of retail CFD accounts lose money.
In-Depth Broker Analysis
Our research team continuously monitors over 100 parameters per broker. Below is a detailed breakdown of our top-rated platforms, including their distinct advantages, ideal user profiles, and potential drawbacks.

Axi Review Summary
Axi is a multi-regulated broker with MT4, Axi App, AxiTrader access, 0.0 pips (Pro) on EUR/USD, and $0 minimum deposit. Confirm the serving entity, leverage terms, and funding methods before opening an account.
Pros
- No minimum deposit
- ASIC, FCA and FMA regulated
- Axi Copy Trading platform
- Autochartist and PsyQuation tools
Cons
- No MT5 or cTrader
- Limited product range vs larger brokers
- No TradingView integration

Deriv Review Summary
Deriv is a multi-regulated broker with DTrader, DBot, Deriv MT5, Deriv X, SmartTrader access, 0.5 pips (Standard) on EUR/USD, and $5 minimum deposit. Confirm the serving entity, leverage terms, and funding methods before opening an account.
Pros
- Unique synthetic indices available 24/7
- Over 25 years operating history
- Very low $5 minimum deposit
- Multiple proprietary platforms
Cons
- Complex platform ecosystem
- Not regulated by FCA or ASIC
- Limited forex-only features

VT Markets Review Summary
VT Markets is a multi-regulated broker with MT4, MT5, VT Markets App, WebTrader access, 0.0 pips (Raw ECN) | 1.2 pips (Standard STP) on EUR/USD, and $50 minimum deposit. Confirm the serving entity, leverage terms, and funding methods before opening an account.
Pros
- 100% deposit bonus on first deposit (minimum deposit $50)
- Raw ECN account with 0.0 pip spread potential
- MT4 and MT5 available across desktop and mobile
- Free Telegram signals funnel through Unshakable Traders
Cons
- Entity, leverage, and protection level vary by country
- Free signals are educational support, not profit guarantees
- Traders still need to manage risk and verify terms before depositing

Exness Review Summary
Exness is a multi-regulated broker with MT4, MT5, Exness Terminal, Exness Trade App access, 0.0 pips (Raw) | 0.2 pips (Standard) on EUR/USD, and $1 minimum deposit. Confirm the serving entity, leverage terms, and funding methods before opening an account.
Pros
- Ultra-tight spreads from 0.0 pips
- Instant automated withdrawals 24/7
- Unlimited leverage options
- Free VPS for active traders
Cons
- No cTrader or TradingView integration
- Educational resources are relatively basic
- Not available to US clients
RoboForex Review Summary
RoboForex provides a straightforward $30 welcome bonus. It requires a small initial verification deposit, but the terms are transparent and it gives access to their excellent copy trading system.
Pros
- $30 Welcome Bonus
- Cent accounts
- High leverage
- Automatic execution
Cons
- Requires $10 deposit first

FP Markets Review Summary
FP Markets is a multi-regulated broker with MT4, MT5, cTrader, IRESS access, 0.0 pips (Raw) on EUR/USD, and $100 minimum deposit. Confirm the serving entity, leverage terms, and funding methods before opening an account.
Pros
- True ECN pricing from 0.0 pips
- ASIC and CySEC regulated
- cTrader and IRESS platforms
- Over 10,000 tradable instruments
Cons
- $100 minimum deposit
- IRESS platform has additional fees
- Limited educational content

Moneta Markets Review Summary
Moneta Markets is a multi-regulated broker with MT4, MT5, AppTrader, ProTrader access, 0.0 pips (ECN) on EUR/USD, and $50 minimum deposit. Confirm the serving entity, leverage terms, and funding methods before opening an account.
Pros
- FCA and ASIC regulated
- ECN spreads from 0.0 pips
- Native CopyTrader + DupliTrade copy trading
- Low $50 minimum deposit
Cons
- Relatively newer brand vs. legacy competitors
- Ultra ECN tier needs $20,000
HFM (HotForex) Review Summary
HFM offers a competitive $35 bonus for valid new clients. It's a great way to experience their 'Zero' or 'Premium' account conditions on a live server before committing your own funds.
Pros
- $35 No Deposit Bonus
- Available to new clients
- Good trading conditions
- Fast verification
Cons
- Specific countries only

XM Review Summary
XM's $30 no deposit bonus is legendary in the industry. It's incredibly easy to claim—just open an account and verify your ID. You keep all the profits you make, with no expiration date on the trading credit.
Pros
- $30 No Deposit Bonus
- Profits fully withdrawable
- No hidden terms
- Trusted global brand
Cons
- Bonus amount itself cannot be withdrawn

FXCM Review Summary
FXCM is a multi-regulated broker with Trading Station, MT4, TradingView access, 1.3 pips (Standard) on EUR/USD, and $50 minimum deposit. Confirm the serving entity, leverage terms, and funding methods before opening an account.
Pros
- 25+ years in business
- No dealing desk execution
- Strong API for algo trading
- Extensive historical data
Cons
- Spreads wider than ECN competitors
- Limited product range
- No MT5 support
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Frequently Asked Questions About No Deposit Bonus Forex Brokers
Frequently Asked Questions
Sources & References
- Exness Accounts— Exness
- HFM Trading Accounts— HFM
- XM Account Types— XM
- BrokerAnalysis ranking methodology— BrokerAnalysis
- BrokerAnalysis data sources— BrokerAnalysis
- BrokerAnalysis editorial policy— BrokerAnalysis
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Broker availability depends on your country of residence. Some brokers may not accept clients from certain jurisdictions including the USA, Canada, Japan, and others. The comparison table on this page shows the country-acceptance status captured in our latest eligibility checks.