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.
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 |
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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 |