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Best Forex brokers offering no deposit bonuses

Nigeria has recently become a financial powerhouse thanks to the explosive growth of the forex market. As long as you have access to the internet, a solid technique, and a reliable broker, you can profit from currency speculation.

Nigerian traders have access to a large range of great brokers nowadays, but only a handful offer Forex no deposit bonuses, which allow new traders to open an account that is already funded by the broker to begin trading.

To help you find the top brokers with no deposit bonus in Nigeria, we’ve compiled a list of the best options.

1. HF Markets

Overview

HF Markets offers a user-friendly trading environment, outstanding customer assistance, and a large variety of trading instruments. These features combine to make HotForex an attractive choice for investors looking for brokers with no deposit bonus.

After completing the required steps to verify their accounts, new traders with HF Markets will automatically be awarded a no-deposit bonus of $30 that may be used immediately.

Pros and Cons

Pros

Cons

No deposit or withdrawal fees

High commission charges on the Zero account

Competitive spreads

 

Features

Feature

Information

Regulation

CySEC, DFSA, FCA, FSA, FSCA

Minimum deposit from

$5

Average spread from

0,0 pips

Commissions from

USD 0.03 per 1K lot.

Deposit/Withdrawal Fees

None

Maximum Leverage

1:1000

Bonuses

$30 No deposit bonus

Customer Support

24/5

👉Open a Free Trading Account Now

2. Tickmill

Overview

Tickmill is a well-known broker that provides trading on more than 80+ CFD products. These CFD products include Forex, Indices, Commodities, and Bonds.

When opening a new account, Tickmill gives new customers a free bonus of $30 that does not require a deposit, and the broker has also just just announced that it will be lowering its overall service fees.

Pros and Cons

PROS

CONS

STP model

 

Advanced trading software

 

Competitive pricing

 

Well regulated

 

High leverage

 

Features

Feature

Information

Regulation

FSA

Minimum deposit from

$100

Average spread from

0.1 pips

Commissions from

‎2 per side per 100,000 traded

Deposit/Withdrawal Fees

None

Maximum Leverage

1:500

Bonuses

$30 Welcome Bonus

Customer Support

24/5

3. XM

Overview

Over the course of many years, XM has built a solid reputation for itself as a provider of solutions that are versatile and adaptable to meet the needs of traders of varying levels of expertise.

After having their accounts successfully verified, XM will award new traders with a $30 incentive that does not require a deposit on their part.

Pros and Cons

Pros

Cons

Low minimum deposit

Inactivity fee charged after 90 days on live accounts

Comprehensive educational offering

Limited product portfolio

Streamlined account opening process

 

Features

Feature

Information

Regulation

IFSC, ASIC, CySEC, FCA and DFSA

Minimum deposit from

$5

Average spread from

0.1 pips

Commissions from

$3.5 commission per $100 000 traded

Deposit/Withdrawal Fees

None

Maximum Leverage

1:30

Bonuses

$30 No deposit bonus

Customer Support

24/5

You might also be interested in Forex Trading Brokers in Nigeria

4. FBS

Overview

Both MetaTrader 4 and MetaTrader 5 are available as trading platforms with FBS. Between the two, traders have access to more than 75 distinct trading products.

When opening an account for the first time with FBS, first-time traders are eligible to receive a $50 bonus that does not require a deposit. When using the MetaTrader 5 trading platform is the only time the incentive can be applied.

Pros and Cons

PROS

CONS

Ultra-fast trade execution

Low spreads and commissions

Deposit and withdrawal fees

Features

Feature

Information

Regulation

Minimum deposit from

$100

Average spread from

0.0

Commissions from

‎$6

Deposit/Withdrawal Fees

Variable depending on method

Maximum Leverage

1:3000

Bonuses

$50 No deposit bonus

Customer Support

24/5

More
 

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