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Sept 19, 2025

Basics

No-Deposit Bonuses: What They Are, Why We Don’t Offer Them, and Safer Alternatives

In this lesson
FBS No Deposit Bonus

What is a no-deposit bonus in Forex?

Many brokers try to encourage beginners to take their first steps in trading by offering bonus programs and welcome promotions. Broadly, these fall into two categories: no-deposit bonuses, and deposit bonuses.

Let’s start with the no-deposit bonus. On paper, it sounds perfect: register with a broker, get free money to trade, and maybe even cash out some profits — all without spending a single cent of your own funds.

A no-deposit bonus in Forex is a type of bonus that a broker offers traders without requiring them to deposit their own funds.

What is a no-deposit bonus in Forex?

It’s easy to see why this type of offer grabs attention. For beginners, it feels like a risk-free way to step into trading. But once you look closer, things aren’t always as simple or as rewarding as they first appear.

Why does a no-deposit bonus look attractive to beginners?

  • No initial investment: you don’t have to stake your own funds.

  • Real market conditions: you trade in a live environment, not just in a demo simulation.

  • A chance of profiting in some cases.

For someone just starting out, this can feel like the safest way to test the waters. But like many “free” offers, it comes with strings attached. Traders need to be aware of the Terms and Conditions of these offers and never overlook the psychological pitfalls they might trigger in the future.

Risks and downsides of no-deposit bonuses

Risks and downsides of no-deposit bonuses

No-deposit bonuses can be useful as an introduction, but traders should understand the risks and hidden conditions before getting too excited.

Trading psychology traps

Since the bonus money isn’t yours, it’s easy to treat it like a game. Therefore, many traders end up over-leveraging because they don’t feel the loss. Some traders also develop a habit of chasing risky trades just to see what happens, and then struggling to trade responsibly with their own funds.

Instead of building good habits, a no-deposit bonus can unintentionally encourage reckless behavior, especially at the beginning of your trading path.

Hidden conditions

No-deposit bonuses nearly always come with restrictions. Here are some of them to be aware of:

  • Lot turnover requirements– you may have to trade huge volumes before withdrawing profits.

  • Profit caps– even if you earn more, only a small portion can be cashed out.

  • Tight deadlines– bonuses often expire quickly, forcing rushed decisions.

These conditions can leave beginners feeling frustrated rather than empowered.

Operational risks

There are also practical downsides. Brokers must protect against bonus abuse, which can mean strict checks and possible delays. Some accounts can get frozen if activity looks suspicious. To top it all off, KYC (identity verification) might require an extra step before withdrawal to verify that there is no money laundering or other fraudulent activity involved. This can be tiring and time-consuming. All of this can make the process less smooth than it first appears.

Does FBS offer a no-deposit bonus?

At FBS, we’ve decided not to offer a no-deposit bonus. This decision is intentional.

We want traders to have a clear, sustainable, and supportive experience. No-deposit bonuses may attract attention, but they often create unrealistic expectations or short-term trading behavior. That’s not what we want for our clients.

We do, however, offer something even better — something focused on a mindful approach to trading: the FBS Deposit Bonus.

The FBS Deposit Bonus

The FBS Deposit Bonus

Overview of the FBS Deposit Bonus

The FBS Deposit Bonus gives you 100% extra funds on your first deposit and up to 60% on every next deposit over $100. It’s a great way to grow your trading capital and open bigger positions.

The FBS traders can use the bonus more than once, as it’s not only for the first deposit. Each following top-up of $100 can get you up to 60% extra value. Another great feature is that the bonus stays in your trading account, but all the profits you make are yours to withdraw.

The bonus is available to verified clients, whether you’re new to FBS or have been trading with us for a while. For the full details, please read the Terms and Conditions.

A deposit bonus isn’t something you can withdraw as cash. Instead, it’s added to your trading balance, giving you more room to trade. That extra boost increases your margin, so you can open positions with less of your own money. That’s why you’ll see the bonus showing up in your equity.

Availability by country or region

The FBS Deposit Bonus is available in selected regions since regulations differ worldwide. Currently, it’s in place for FBS traders in South Africa, Cameroon, Argentina, Kenya, Brazil, Malaysia, the Philippines, Nigeria, Thailand and Turkey.

How to get the FBS Deposit Bonus

Here is a simple step-by-step guide to get the bonus:

  1. Sign up through the FBS app or on the website.

  2. Fully verify your account. It’s fast and simple.

  3. Choose your preferred payment method for depositing.

  4. Make a deposit.

  5. Your bonus will be added automatically.

  6. Use the money for trading.

The more you deposit, the bigger the boost you get — up to $25 000 in total.

That’s it! You’re ready to trade with greater flexibility. You can learn more about the FBS Deposit Bonus on our website. To check out the full bonus Terms and Conditions, please follow the link: https://fbs.com/deposit-bonus.

Final thoughts

At FBS, we believe your trading deserves more than quick fixes. That’s why we offer bonuses that actually strengthen your trading journey, designed to give you extra power while focusing on conscious trading. Because at the end of the day, your success isn’t built on “free money”; it’s built on smart strategies, responsible trading, and the right support behind you.

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The website is operated by FBS Markets Inc.; Registration No. 000001317; FBS Markets Inc. is registered by the Financial Services Commission under the Securities Industry Act 2021, license number 000102/31. Office Address: The Bentley, #16 Cor A Street & Princess Margaret Drive, Belize City, Belize.

FBS Markets Inc. does not offer financial services to residents of certain jurisdictions, including, but not limited to: the USA, the EU, the UK, Israel, India, the Islamic Republic of Iran, Myanmar.

Payment transactions are managed by HDC Technologies Ltd.; Registration No. HE 370778; Legal address: Arch. Makariou III & Vyronos, P. Lordos Center, Block B, Office 203, Limassol, Cyprus. Additional address: Office 267, Irene Court, Corner Rigenas and 28th October street, Agia Triada, 3035, Limassol, Cyprus.

Contact number: +357 22 010970; additional number: +501 611 0594.

For cooperation, please contact us via [email protected].

Risk Warning: Before you start trading, you should completely understand the risks involved with the currency market and trading on margin, and you should be aware of your level of experience.

Any copying, reproduction, republication, as well as on the Internet resources of any materials from this website is possible only upon written permission.

The information on this website does not constitute investment advice, a recommendation, or a solicitation to engage in any investment activity.