Find out how Headway Major League Demo Contest works

Compare the free trading credit 10 brokers have offered, from $1 to $100. For each one you get the bonus size, who can claim it, the steps, and the withdrawal rules that decide whether your profit ever leaves the account.

Updated Read 14 min Credit $1–$100 Your money $0
Find out how Headway Major League Demo Contest works

Direct link: Forex Free Bonus No Deposit: all live offers

Quick answer: a forex free bonus with no deposit is trading credit, usually $5–$100, that a broker adds after sign-up and KYC. You keep the profit, never the credit.

Searching for a forex free bonus no deposit offer brings up years of old lists. Many of those promotions have since been renamed, resized or closed, and the pages rarely show the rules that matter. This guide explains how these offers work, what to check on the terms page, and how to claim one without losing your profit.

Headway Launches Major League Demo Trading Contest with $2,125 in Prizes

Headway, a global Forex broker, has announced the launch of Major League, a new demo trading contest focused on the world's major currency pairs. Traders are invited to put their strategies to the test, compete against other participants, and win a share of the $2,125 prize pool.

Unlike contests featuring a wide range of trading instruments, Major League focuses exclusively on seven major Forex pairs: EURUSD, USDJPY, GBPUSD, USDCHF, AUDUSD, USDCAD, and NZDUSD.

All participants will compete under the same trading conditions, using a Standard MT5 demo account with a $10,000 initial balance and 1:500 leverage. With no real funds required to participate, the contest offers traders an opportunity to demonstrate their skills in a simulated trading environment.

$2,125 Prize Pool for the Top 10 Traders

The 10 participants with the highest equity during the contest period will receive cash prizes from a total prize pool of $2,125.

The 1st-place winner will receive $1,000, followed by $500 for 2nd place and $200 for 3rd place. The 4th-place winner will earn $100, while 5th place will receive $75. Participants finishing in 6th through 10th place will each receive $50.

All prizes are withdrawable, giving participants the opportunity to turn their demo trading performance into real rewards.

Contest Dates and How to Participate

The Major League trading period runs from October 19 to November 2, 2026, with the final results announced on November 3, 2026.

To participate, traders need to log in to their Headway Personal Area, open the contest page, and click "Join." Participants using the Headway mobile app are encouraged to update to the latest version before registering.

A Challenge Built Around the Core of Forex Trading

Major League puts the spotlight on the major currency pairs that form the foundation of the Forex market. By focusing on seven instruments, the contest challenges traders to apply their market knowledge, refine their strategies, and compete for the highest equity.

Whether experienced or still developing their trading skills, participants can explore different approaches without risking their own capital.

Registration is open. Traders can find the full contest rules and join Major League through the official Headway website or mobile app.

About Headway

Headway is a STP/ECN broker, established in 2023, based in South Africa. It is regulated by Regulated by FSCA (Financial Sector Conduct Authority), license number 52108. Trading conditions at Headway include a minimum deposit of 1, leverage up to 1:1000*, spreads from 0.0 Pips*. Clients can trade on MetaTrader5, MetaTrader4 (Mobile, Desktop and Web), in the web browser and on mobile.

  • Regulation: Regulated by FSCA (Financial Sector Conduct Authority), license number 52108
  • Minimum deposit: 1
  • Max leverage: 1:1000*
  • Platforms: MetaTrader5, MetaTrader4 (Mobile, Desktop and Web)

Read our full Headway review

About Capital

Capital is a Market Maker broker, established in 2016, based in International offices: Lithuania, Poland, United Kingdom, Ukraine, Cyprus, Gibraltar, Bulgaria, Seychelles, Australia. It is regulated by The Cyprus Securities and Exchange Commission (CySEC), the Financial Conduct Authority (FCA) in the UK, the Financial Services Authority of Seychelles (FSA), the Australian Securities and Investments Commission (ASIC). Trading conditions at Capital include a minimum deposit of $20 if the funds are transferred via credit/debit card, Apple Pay, or PayPal. For bank transfers, the minimum deposit is $250, leverage up to FCA - 1:30, CySEC/ASIC - 1:30, spreads from The minimum spread is 0.1 pips in normal market conditions. Clients can trade on Trade Platform - Mobile Apps, Web Platform, MetaTrader 4 (for CYSEC/ASIC), TradingView, in the web browser and on mobile.

  • Regulation: The Cyprus Securities and Exchange Commission (CySEC), the Financial Conduct Authority (FCA) in the UK, the Financial Services Authority of Seychelles (FSA), the Australian Securities and Investments Commission (ASIC)
  • Minimum deposit: $20 if the funds are transferred via credit/debit card, Apple Pay, or PayPal. For bank transfers, the minimum deposit is $250
  • Max leverage: FCA - 1:30, CySEC/ASIC - 1:30
  • Platforms: Trade Platform - Mobile Apps, Web Platform, MetaTrader 4 (for CYSEC/ASIC), TradingView

Read our full Capital review

Forex free bonus no deposit FAQ

What is a forex free bonus with no deposit?

It is trading credit, usually between $1 and $100, that a broker adds to a new verified live account without asking you to fund it. You trade real prices with it. The credit cannot be withdrawn, but profit made with it can be after you meet the broker's conditions.

Can I withdraw a forex no deposit bonus?

Not the bonus credit. Brokers remove it when you request a withdrawal. Profit you earned with it can be withdrawn once you have traded the required lots, passed verification and stayed under the profit cap.

Which broker gives the biggest no deposit bonus?

Among the 10 brokers in this guide, FBS has advertised the largest credit at around $100. A larger credit usually comes with a higher lot requirement, so compare the terms before the headline amount.

Do I need KYC verification to get the bonus?

Yes. Almost every broker credits the bonus only after you upload a valid ID and proof of address, and some also verify your phone number.

How many lots do I need to trade to withdraw profit?

It depends on the broker. Common rules range from about 1 to 10 standard lots, or a rule linked to the bonus size, such as one lot for every $10 of credit. Check the current terms page before your first trade.

Can I claim no deposit bonuses from several brokers?

Yes, one per broker. Each broker allows a single bonus per person, household, device or IP address. Duplicate accounts usually cancel the bonus and any profit.

How long does a no deposit bonus last?

Most expire between 14 and 60 days after they are credited. Unused credit and any locked profit are removed when the period ends.

Is a no deposit bonus a scam?

A genuine one never asks you to pay anything to receive it. Check that the broker is regulated, read the terms on its official site, and walk away from any offer that asks for an upfront fee or card details.

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Forex Bonus Guide: Types, Rules and How to Pick the Right Offer

A forex bonus is extra trading money or a reward a broker gives you for opening an account, depositing, trading or joining a promotion. Used well, it lets you test a broker with a bigger cushion. Used carelessly, it ties up your profit behind rules you did not read.

What is a forex bonus?

A forex bonus is an incentive a broker adds to your trading account. Most bonuses arrive as trading credit: it increases your balance or margin so you can open trades, but it is not cash you can withdraw straight away. You turn it into real money by trading a set volume or meeting other conditions.

A smaller group of offers pays cash rewards, such as rebates or contest prizes, which you can usually withdraw once they land in your account. Brokers use bonuses to win new clients and keep active traders, so the terms always favour activity: the more you trade, the more of the bonus you keep.

How forex bonus terms work

  • Trading volumeYou must trade a required number of lots before profit or bonus can be withdrawn.
  • Withdrawal limitsNo deposit bonuses often cap how much profit you can take out.
  • Expiry dateUnused credit or unmet volume is removed after a set period.
  • Early withdrawalTaking money out before the target usually cancels the bonus.
  • Banned strategiesSome brokers exclude scalping, hedging across accounts or arbitrage while a bonus is active.
  • EligibilityOffers can be limited by country, account type or one claim per person.

How to choose the best forex bonus

  1. 1
    Check the broker firstRead the licence and regulator before the bonus. A big bonus from a weak broker is not a good deal.
  2. 2
    Match the volume to your styleIf you trade a few lots a month, pick an offer with a low lot requirement.
  3. 3
    Look at the full costWide spreads or commissions can cost more than the bonus is worth.
  4. 4
    Read the withdrawal rulesKnow exactly what you can take out, and when.
  5. 5
    Start smallA no deposit bonus is the cheapest way to test execution and support before funding an account.

Common forex bonus mistakes

  • Trading oversized lots to hit the volume target fast, then losing the whole balance.
  • Withdrawing early and losing both the bonus and the profit linked to it.
  • Opening extra accounts to claim the same offer twice, which leads to cancellation.
  • Ignoring the expiry date until the credit disappears.
  • Choosing a broker only because its bonus is the biggest.

Is a forex bonus worth it?

Yes, when the terms match how you trade. A no deposit bonus is worth claiming for almost any new trader, because it costs nothing and shows how a broker really performs. A deposit bonus makes sense once you already plan to fund an account and want extra margin without forcing trades.

Treat every forex bonus as a tool, not free money. Trade with sensible lot sizes, use a stop-loss, and read the terms before you click claim.