Do you want to trade with real money without depositing a cent? Check out the free forex bonus, the best solution to trade, put your strategies to work, win money free of risk. How can you benefit from such a solution? Stick around and we will tell you how you can find the best deals and protect yourself from scams.
So, let’s take it one step at a time. As you may already know, there are quite a lot of scam brokers who try to trick you with fake bonuses, just to make you trade your own money and never cash in the profits. Let’s see how you can separate the bad from the good and choose wisely the best bonus for you.
Checkpoints of the No Deposit Bonus Without Verification
Picking a Broker
First of all, check out the broker who offers the deal. If it is regulated by a trustworthy authority, if it does offer services in your country, if it doesn’t limit your access to its trading platforms and, finally, if the reviews are good, you may go to the next step.
Terms and conditions of the no deposit bonus without verification
Basically, the more elaborated the T&C are, the more chances are that you have found a reliable broker, with a straight forward free bonus that you can use to trade and win.
This is the interesting part. There are quite a lot of brokers that will give you free forex bonus without verification, albeit not very consistent sums, but more in the neighbourhood of USD 100.
But be aware, such type of bonus, that is also legit, is not easy to find. The real ones are, actually, a form of incentive the broker gives the trader, in order to let him check out the system, get used to the trading platform, see how good its products are and decide to use it, in the future, for playing with your own money.
Basically, the no verification part is a way of letting you get used to the game, without going into too much trouble in terms of “bureaucracy”.
Now, while you do not play with your own money, be aware of potential fees for transactions. Some brokers will deduce them from your winnings, some will ask for a deposit (so, this is, certainly, a deal breaker).
And now, we come to the most interesting part of the process to determine the best deal on the no deposit forex bonus without verification. Don’t think the sums the brokers offer are big but don’t be fooled by the low end of the offer. Meaning, such bonuses come in a variety of amount, from USD 5 to USD 100. Some rare examples of USD 200 or USD 500 come with some fine print that you need to read.
Basically, in order to make some money, you will need to choose a bonus above USD 25, but closer to USD 50.
And now for another piece of the puzzle: if you really want to have a chance to win trading with forex no deposit bonus without verification, you will need to look for the higher leverage. This is the trick: most brokers offer lower leverage with this type of bonus, but a leverage of 1:100 or 1:200 is what you should look for. Anything above that is rather rare to find (and if you do, again, read carefully the T&C).
And, again, make sure that the free bonus with no verification system the broker offers allows you to cash in the profit that you make. Don’t expect miracles in terms of winnings, it is a learning tool that will definitely help you win without risking your own money, but you will have to play until you perfect your strategy. And you can do that risk-free.
So, to recap, the no verification forex bonus is a good tool to help you win without taking the risk of your own finances. Make sure you pay attention to the main criteria when you choose the broker: bonus amount, leverage, T&C are the major deal maker or deal breaker.