Forex Bonus Review ICM Capital

Bonus 4star
Spread 5star
Support 5star
Trading Software 3star
Product Range 4star
Regulation 5star

ICM Capital temporarily offers a $100 forex no deposit bonus to all new traders. It's not for all countries though, so check their restricted countries list. In addition, ICM Capital offers a 10% bonus on each deposit. 

Broker Details

Founded: 2009
Headquarters: London, United Kingdom
Trading Platform: MT4
Mac friendly: no
Max leverage: 200:1
Commodities: yes
Stocks: no
minimum deposit: $1

 

 

Terms & Conditions of the $100 no deposit bonus

1. This promotion is available to new accounts only. Standard account opening procedures apply.

2. $100 trading credit bonus is for trading purposes only and cannot be withdrawn.

3. $100 trading credit bonus is a one off payment and will be issued once the account has beenactivated.

4. Subject to all requirements having been met, the $100 trading credit bonus will be paid into theclients live account within five business days of all documents and application form having beenreceived.

5. The $100 trading credit will be withdrawn 1 calendar month after being deposited to theclient’s ICM Capital trading account or once a withdrawal has been made by the client. Any withdrawals of profit made from the $100 credit bonus must be funded to a bank account which matches the ICM Capital account holder’s name.

6. ICM Capital’s standard leverage is 1:100, therefore to open a minimum trade lot (0.1) $100 is required, with equity of $99 or less a trade cannot be placed unless further deposits are made.

7. We reserve the right to exclude any client from this promotion if we believe they have breached any good faith of this promotion.

8. This promotion can only be used in conjunction with one trading account per person.

9. Promotional period is from 3rd September to 3rd October 2012.


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Forex Bonus Review OctaFX

Bonus 5star
Spread 5star
Support 5star
Trading Software 3star
Product Range 2star
Regulation 2star

Octafx offers an $8 forex no deposit bonus as a forex welcome bonus to all new traders. In addition, it offers a 30% deposit bonus on each deposit. 

Please make sure you verify your account, as it is needed to receive the $8 no deposit bonus (more info under 'Bonus Details'). Octafx uses MetaTrader4 for as its trading platform. Spreads are competitive. Smallest accounts are micro accounts (1 pip = 10 dollar cent).

Bonus Details

Getting the $8 forex no deposit bonus is very simple:

  1. Open account at Octafx
  2. verify your account
  3. $8 will be credited to your account.  

Getting 30% deposit bonus is equally simple: you will get it with each deposit. There are a couple of rules of course: 

Promotion rules forex no deposit bonus Octafx

  • the no deposit bonus will be deposited in a special welcome account
  • you need to trade 8 Standard Lots to withdraw the bonus
  • You need to trade 2 Standard Lots to withdraw profits
  • No more than 3 positions open at the same time
  • only 1 account per household
  •  

  • Promotion rules for deposit bonus Octafx
  • you need to trade (bonus amount) / 2 (bonus amount divided by two) standard lots to withdraw the bonus.
  • you cannot withdraw later bonuses before withdrawing earlier ones. So if you deposit twice, your trading volume will first count. towards the first bonus, and when that forex bonus is free, to the second bonus. 
  • if the account balance is less than the bonus, the bonus will be cancelled.
  • if you withdraw before meeting the bonus requirements, the bonus will be cancelled. 

About OctaFX

Founded: 2011

Regulated by: International Business Companies, in Saint Vincent and the Grenadines

Company registration: Saint Vincent (British Commonwealth) license number 19776 IBC 2011

Minimum account size: $5 (Micro Account)

Minimum position size: 0,01 lot 

Leverage: max 500:1

Spread: floating spreads, EURUSD typically around 1.5 - 2.0

Support: Good. Contact is possible through chat, email and phone (China, Indonesia, Malaysia, St. Vincent). 

 

Extra information

OctaFX uses only Metatrader as its trading platform. It has no webtrader, meaning it is not very suitable for apple and linux users. It also offers no mobile trading for smartphones of its own. 

OctaFX offers the 12 most important currency pairs plus gold and silver for its micro accounts, and adds more exotic currency pairs to its ECN accounts. No stocks, no (other) commodities. 

The $8 no deposit forex welcome bonus is a nice way to get to know Octafx, but the fact that you can't use it in a 'normal' account is a drawback. The bonus requirement of 8 Standard Lots to be able to withdraw the no deposit bonus is higher than usual for forex no deposit bonuses this size. 

Payment options include Mastercard, Visa, Moneybookers, Liberty Reserve, Cashu and Bank Wire. 

Get $8 OctaFX Forex No Deposit Bonus 


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Forex $100 Extra Bonus Review YouTradeFX

Bonus 5star
Spread 4star
Support 5star
Trading Software 5star
Product Range 5star
Regulation 4star

YouTradeFX offers new traders $100 extra free forex money on their first deposit of $100, meaning you can trade with $200. This is real, free forex money and one forex bonus you shouldn't pass up. More info below.

Bonus Details

  • You must be a new trader. If you already have a demo account or a real money account, you cannot participate in the bonus
  • You need to give your contact information and accept to be contacted by the commercial services of YoutradeFX. 
  • You need to trade 1 Standard Lot for each $10 in bonus. 
  • There is no time limit on meeting the requirements for clearing the bonus. 
  • If you withdraw money from your account before meeting the clearing requirements, the bonus will be cancelled.

How to get the $100 Free

  • Go to youtradefx
  • click 'open live account'
  • fill out your information
  • Deposit $100. Your $100 extra will be added right away. 

About YouTradeFX

Founded: 2009

Regulated by: Financial Services Commission (FSC) Mauritius (FSA license pending)

Minimum account size: $100

Minimum position size: 0,01 lot

Leverage: max 500:1

Spread: 3 pips on EUR/USD 

Support: Good. possible to contact by phone, email and live chat. 

 

Extra information

YouTradeFX uses Metatrader as its trading platform and also offers the use of a webtrader, so you can trade from any computer, windows, max or linux based, everywhere.

The $100 Free with a $100 deposit bonus is great for beginning traders that want to try out forex trading. However, If you plan to deposit more than $200, you are better of with the 50% up to $2,000 bonus

Another advantage of the forex bonus of YouTradeFX is that there is no time limit on the clearing requirements. So you're in no rush to clear the bonus. 

Get YoutradeFX $100 Free with $100 Deposit


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Forex Bonus Review TradeFort

Tradefort offers a $5 no deposit bonus as a forex welcome bonus to all new traders. Altough it doesn't currently also offer a deposit bonus, it does have something very interesting to offer to serious traders, namely a free VPS server for Expert Advisors (forex bots).

Bonus 5star
Spread 5star
Support 5star
Trading Software 4star
Product Range 4star
Regulation 1star

Please make sure you verify your account, as it is needed to receive the $5 no deposit bonus (more info under 'Bonus Details'). Tradefort uses MetaTrader for as its trading platform and the spreads are competitive. Smalles accounts are micro accounts (1 pip = 10 dollar cent).

Bonus Details

  • Create an account at Tradefort
  • You need to verify your identity in your Trader's room (see images on the right of this page for help). As soons as your account is verified, the 'Get Welcome Bonus' button under the 'Bonus' tab will become active.
  • The 'Welcome Bonus' button is only active for the first 10 days starting from the date of account registration. 
  • You can only get the bonus once
  •  To withdraw the bonus, you need to trade 1.5 Standard Lot for each dollar in bonus. 
  • If you deposit your own funds, you can withdraw those funds and profits you made with those deposited funds without any restrictions.

Free VPS Server

  • minimum account balance $1,000 (or equivalent in another currency) required

You can get a free VPS Server to let your mechanical trading systems (MTS), a.k.a trading bots, expert advisors, run on your MetaTrader 4 account without you having to keep your own computer running and / or having access to a stable, high-quality and high-speed internet connection. With a VPS you could trade simultaneously from a local coputer and a remote terminal. The server can be accessed 24 hours from any point in the world, by using any computer or modern cell phone. All you need is internet access and an access password. 

For serious, high volume traders this can be quite an advantage, even if Tradefort doesn't offer a deposit bonus. 

About TradeFort

Founded: 2010

Regulated by: Not regulated

Company registration: One Vector Group Inc, registered in Saint Vincent (British Commonwealth)

Minimum account size: $1 (Micro Account)

Minimum position size: 0,01 lot 

Leverage: max 500:1

Spread: 2 pips on EUR/USD

Support: Good. Contact is possible through chat, email and phone. Live chat is quick and helpful.

 

Extra information

TradeFort uses only Metatrader as its trading platform. It has no webtrader, meaning it is not very suitable for apple and linux users. It also offers no mobile trading for smartphones of its own. 

Tradefort offers a wide spectrum of forex currency pairs. Aside from that you can also trade in American stocks at Tradefort, as well as in oil and metals like gold and silver.

The $5 no deposit forex welcome bonus is a nice way to get to know TradeFort, especially since they offer micro accounts where 1 pip is only 10 cents. For serious traders the VPS server can be quite interesting, as it offers the possibility of a very stable trading environment when you want to use Expert Advisors (forex bots). 

Get $5 Forex No Deposit Bonus at TradeFort

 

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Forex Bonus Review PaxForex

Bonus 5star
Spread 5star
Support 5star
Trading Software 4star
Product Range 4star
Regulation 1star

Paxforex.com offers a $7 forex no deposit bonus to new traders, but there are some details to this bonus you should know first. It's a nice bonus of course, but without knowing the particulars, you might get disapointed. 

Bonus Details

  • You need to create a 'bonus account' to get the $7 no deposit bonus. You do this by chosing 'Bonus' as account type, when you're registrating your new account. 
  • The bonus and profit you make with it will be only available for the first month after you register.
  • To clear the bonus, you need to trade at least a 1.5 Standard Lot for each $5 in bonus. This is doable, but only if you're an intra-day trader. After the clearing conditions are met, the bonus will no longer have an expiration date. 
  •  
  • If you withdraw funds from your Standard account before clearing the bonus, the bonus and profit will be nullified.  
  • Only 1 bonus per trading account.
  • You can not use Expert Advisors (EA's) with the bonus account. You can however with a Standard Account.

Limitations of the bonus account

  • max volume is 0,01 lot (1/100 of a Standard Lot)
  • maximum amount of open orders is 2
  • No Expert Advisors

So yes, there are a lot of limitations if you chose not to upgrade from a bonus account to a standard account. It's hard to clear the $7 forex no deposit bonus with just the bonus account. 

About PaxForex

Founded: 2011

Regulated by: Not regulated

Company registration: Paxinvest.com LTD Reg. Number 1588590, British Virgin Islands (BVI)

Minimum account size: $100 (Standard Account)

Minimum position size: 0,01 lot (bonus account)

Leverage: max 500:1

Spread: 3 pips on EUR/USD for micro account, floating spread for Standard and VIP account (between 1-5 pips for EUR/USD)

Support: Good. Contact is possible through chat, email and phone. Live chat is quick and helpful.

Cashout: a lot of payment options and execution is swift

 

Extra information

Paxforex uses only Metatrader as its trading platform. It has no webtrader, meaning it is not very suitable for apple and linux users. It also offers no mobile trading for smartphones of its own. 

The spread is ok but not spectacular. Because it's a floating spread, you should take it into account when opening your position. Aside from 25 currency pairs, paxforex also offers tradign in gold and silver. However, it does not offer any trading in stocks or indices as of yet.

The $7 no deposit bonus that Paxforex offers is a nice way of introducing new traders to forex trading. Clearing the bonus without depositing is pretty hard, but it's not impossible and besides, it's free forex money.  

Get $7 forex no deposit bonus PaxForex

 

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Why Forexbonusfree

A forex bonus alone won't make you a succesful trader, but it can help you a lot when starting out. 

Big forex bonuses are ideal for building up your trading bankroll. Because the bonus is added to your account immediately in most cases, it can cover up the inevitable mistakes you'll make as a beginning trader, or simply add to your profit rate if you're already a profitable trader.

If you're a forex trader who is - for some reason- not interested in even the best forex bonuses, you really are missing out on a lot of money. 

What is an instant forex bonus or a reload bonus? Read about it in different forex bonuses explained

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