Get 20% Forex Trading Credit Bonus at Ultima Markets
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.
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.
Ultima Markets offers a 20% Forex Trading Credit Bonus that adds extra credit to your trading account when you deposit. It can increase the capital you have available to trade from the start. This guide explains how the offer works, who can claim it, how to sign up, and what conditions to check before you deposit. You can start from the 20% Bonus for Forex Trading Credit page.
What Is the 20% Forex Trading Credit Bonus?
The offer is a credit bonus, meaning the extra funds are added to your trading account as credit rather than as cash you can withdraw straight away. When you deposit funds, the broker adds an extra 20% on top of your deposit.
Here is a simple example. If you deposit $1,000, you receive an extra $200, giving you a total of $1,200 available for trading. The bonus is calculated on the amount you deposit, so a larger deposit produces a larger credit. The specific deposit minimums and maximums, if any, are set in the official offer terms.
The bonus is designed to add to your trading capital, not to replace it. Your own deposit remains at risk, and so does any credit you trade with, because credit used in trades can lose value just like your own money.
Who Can Claim the Bonus?
The offer is available to new clients. If you already have a trading account, you may still be able to take part in a follow-up promotion, such as the subsequent 10% credit bonus mentioned in the official steps, but you should check whether your account qualifies. Eligibility can also depend on your country of residence, the account type you open, and the payment method you use. Always confirm these points on the broker's official website before you deposit.
How to Claim the Bonus: Step by Step
The exact screens may change, so follow the instructions on the official page. In general, the process looks like this:
- Create an account. If you are a new customer, register through the official link. You will need to provide your personal details and complete the identity checks the broker requires.
- Opt in to the credit bonus. Before you deposit, find the credit bonus form and submit it. Existing customers activate the 20% credit bonus and the subsequent 10% credit bonus the same way. Missing this step can mean you do not receive the credit.
- Make your deposit. Fund your account using one of the supported payment methods. The 20% credit is calculated on the amount you deposit.
- Check your balance. Confirm that the bonus credit appears in your account and that the amount matches what you expected.
- Trade and meet the conditions. Work toward the required trading volume and any other terms. Only after these conditions are met can bonus funds and related profits become withdrawable, depending on the rules.
If you want more background before you start, you can read about 20% bonus on your credit offers and how deposit bonuses generally work.
Conditions to Check Before You Deposit
Bonus offers are only as good as their terms. Before you claim, read the full conditions and make sure you understand the following points.
- Required trading volume. Most credit bonuses require you to trade a set volume before bonus funds can be withdrawn. Find out how volume is measured, whether all instruments count, and how much you need to trade.
- Withdrawal rules. Check whether bonus credit can be withdrawn, whether only profits can be withdrawn, and how the broker removes the credit if you withdraw before the conditions are met. Some brokers reduce the bonus amount from your balance when you withdraw.
- Time limits. Many offers have an expiry period. Check how long you have to meet the volume requirement and whether unused credit expires.
- Deposit and payment rules. Confirm the minimum deposit, any maximum bonus cap, and which payment methods qualify.
- Account and leverage restrictions. Some bonuses apply only to certain account types, and leverage or trading rules may differ while a bonus is active.
- Regulatory and jurisdiction limits. Brokers regulated in different countries can offer different terms, so check which entity you would be trading with.
The details above are general. Specific figures for volume, time limits and withdrawal terms are not included here, so read the official bonus terms directly before you claim.
Pros and Cons of the 20% Credit Bonus
Pros
- It adds 20% extra credit to your deposit, which can increase the capital available for trading.
- The claim process is simple: register, opt in, deposit and trade.
- It is open to new clients, which makes it a possible starting point for beginners who want more room to practise with real market conditions.
- A follow-up credit offer may be available for existing customers, depending on eligibility.
Cons
- Credit is usually not withdrawable straight away, and conditions must be met first.
- Trading volume requirements can encourage you to trade more often than you would like.
- Time limits may force you to trade within a set period or lose unused credit.
- Withdrawing early can reduce or remove the bonus, which can surprise traders who did not read the terms.
- A bonus does not reduce the risk of your trades. It only changes the amount of capital you are using.
Tips for Using the Bonus Wisely
- Read the full terms first. Save a copy of the conditions and check them before you deposit.
- Start small. Deposit an amount you can afford to lose. Do not increase your deposit only to get a larger credit.
- Calculate the volume you need. Work out the trading volume required before you open positions, so you know what you are working toward.
- Use a demo account to learn. If you are new to forex, practise your strategy on a demo account before you trade with credit.
- Manage your risk. Use stop-loss orders, avoid over-leveraging, and keep position sizes small relative to your balance.
- Track your progress. Keep a record of your trading volume, deadlines and withdrawal conditions so nothing expires unexpectedly.
Risk warning: Trading forex and CFDs on leverage carries a high risk of losing money quickly. A bonus does not make trading risk-free, and you should only trade with money you can afford to lose.
Note on the offer page: The official link in this article points to the 20% welcome bonus landing page. Before you sign up, confirm on that page which broker is running the promotion, and check that the terms match what is described here.
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,
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.
Best Forex Brokers
See all brokers →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.
The main types of forex bonus
No deposit bonus
Free credit for opening and verifying an account. You risk none of your own money, and profit is withdrawable after conditions are met.
Best for trying a broker →Deposit bonus
A percentage match on the money you fund, often 30% to 100%. It adds margin so your account can absorb larger price swings.
Best for active traders →Welcome bonus
A one-time offer for new clients. It can be a no deposit credit or a deposit match, and it usually expires if unused.
Best for new accounts →Cashback and rebates
A refund per lot traded, paid in cash. It lowers your trading cost and normally has no withdrawal lock.
Best for high volume →Trading contests
Demo or live competitions where the top traders win cash or funded accounts. Demo contests let you compete with zero risk.
Best for skilled traders →Loyalty rewards
Points earned on every lot you trade, exchanged for cash, gadgets or bonus credit. Value builds slowly over time.
Best for long-term clients →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
- 1Check the broker firstRead the licence and regulator before the bonus. A big bonus from a weak broker is not a good deal.
- 2Match the volume to your styleIf you trade a few lots a month, pick an offer with a low lot requirement.
- 3Look at the full costWide spreads or commissions can cost more than the bonus is worth.
- 4Read the withdrawal rulesKnow exactly what you can take out, and when.
- 5Start 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.
