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There is a plethora of top-notch Forex brokers available to Nigerian traders, each of which provides a comprehensive platform with a variety of features and competitive spreads.
Forex no deposit bonuses, often known as welcome bonuses, are a type of bonus offered by some Forex brokers to new account holders in exchange for the opening of an account.
Here, we’ll look closely at 5 of the finest Forex no deposit incentives for novice traders in Nigeria.
FBS $140 No Deposit Bonus
FBS offers a No Deposit Bonus that begins at $70 and may be increased to $140 by reaching higher bonus tiers.
Traders should not that there is a 20-day trading requirement before bonus funds can be withdrawn.
FBS offers a Cashback Bonus of 15 USD per lot traded, in addition to a 100% Welcome Bonus that doubles your initial deposit, making it one of the best Forex brokers with a no deposit bonus.
XM $30 No Deposit Bonus
If you’re a Nigerian beginner looking for a risk-free entry into trading, XM’s one-time trading bonus of 30 USD is a great place to start.
Since XM’s minimum deposit requirement is only $5, this incentive has the potential to increase your initial investment by a factor of six.
However, after using the bonus sum, any profits are yours to keep.
When you open a trading account, the bonus will automatically be added to it.
You must sign up with XM and verify your phone number to receive this perk.
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Tickmill $30 No Deposit Bonus
The Welcome Account at Tickmill is a free, no deposit bonus trading account that comes with $30 in trading money.
Accessible to any resident of Nigeria, full signup procedures and ID verification are unnecessary.
Your Welcome Account will expire after 60 days and you will not receive a refund, but any profits you make will be returned to you, up to a maximum of $100.
When a withdrawal is made, the Welcome Account is closed.
You need to turn a profit before you can sign up for a Tickmill Pro Account, the world’s most affordable trading account.
HF Markets $30 No Deposit Bonus
The HF Markets $30 No Deposit Bonus is ideal if you are new to Forex trading and are looking for a low-cost trading account with a trustworthy broker.
HF Markets’ no-deposit incentive is available across all five of their trading accounts.
Participants must first sign up for a HotForex account and verify their identity before receiving the bonus.
In addition, HF Markets provides a SuperCharged incentive.
A new client’s deposit of $250 or more is qualified for HF Markets’ 100% Supercharged Bonus, which doubles the deposit.
InstaForex Welcome Bonus
New traders at InstaForex can receive a massive $500 Start Up Bonus, making it one of the greatest no deposit bonuses available.
You can withdraw any money you win while playing with the $500 free bonus, but only after you make your first deposit using your own funds.