Unlimited Cashback at XM 15-Year Anniversary Event

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
Unlimited Cashback at XM 15-Year Anniversary Event

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.

Unlimited Cashback at XM 15-Year Anniversary

XM is offering traders worldwide the opportunity to earn unlimited cashback on trades for a full month. With this unique promotion, one of the world’s leading brokers continues to celebrate 15 years of award-winning trading.

The unlimited cashback promotion will run from 15 July to 15 August. During this period, traders can earn back on their trades with no limit to the total cashback amount. The more they trade, the more they earn per lot.

This offer follows the success of XM’s first anniversary promotion in June. It allowed traders across the world to claim 100% deposit bonuses, increasing their capital by up to $15,000 per trader.

After 15 years of empowering traders, XM is celebrating this milestone by going bigger than ever, creating even more tools and opportunities for traders to succeed. The broker has already rolled out its upgraded XM Traders Club loyalty program and Refer a Friend, with more offers and releases in store for 2025.

Trade more, cash more

The unlimited cashback promo is open to all clients who have a Standard or Standard Micro account with XM – new clients can register and join the promo that will run until August 15. 

Everyone can join the celebration by sharing their journey with XM using the campaign hashtag #15YearsXM.

XM

XM is a globally trusted broker with over 15 years of success and more than 15 million clients worldwide. Fully regulated and licensed, XM offers a full suite of products and trading instruments including forex, commodities, indices, stocks, Copy Trading, and Competitions. Traders can rely on award-winning services, support, and trading education.

Disclaimer: Promotions and bonuses are not available for accounts registered under our EU-based entity. Specific regions may be excluded. The XM Group operates globally under various entities, so products, services, and features listed here vary between XM entities. For further information, please visit the XM website. 

Risk Warning: Our services involve significant risks and may result in the loss of your invested capital. T&Cs apply.

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.