What are the demerits of FX ‘No Deposit Bonus’ promotions?

‘No Deposit Bonus’ promotion is an ultimate Forex Bonus which investors can start trading online for free without making a deposit at all.

While we, Hercules Finance do promote this type of Bonus to online traders, there are also some demerits that you may want to know.

Please note that the condition of the promotion is different for each broker. For more details, please refer to each promotion page.

For the list of FX No Deposit Bonus promotions, please go to the page below.

Now, what’s the ‘catch’? Find out as follows:

You can get these ‘No Deposit Bonuses’ for free.

These funds are often available only for trading, but not for withdrawal.

You should know that the Bonus is meant to be used for trading, but not for free profit to your bank account.

Every trader wants to reach the goal of the promotion, that is ‘withdrawal’ of profit and bonus amount.

But, it often requires deposit from traders to release the funds.

Please make sure that you know the conditions of the promotion before diving into it.

InstaForex offers up to 3500 USD and FBS offers 123 USD as No Deposit Bonuses, but other brokers usually offer much smaller amount.

The standard No Deposit Bonus is about 25 – 50 USD, which is relatively a small amount for traders to start investing online.

We just listed up 3 demerits of ‘No Deposit Bonus’ promotions, but still it is the most popular promotion type.

It is a great opportunity to try out the brokers and to take the first steps to Forex market without risking your own funds.

We have 6 Best No Deposit Bonus promotions for you. Find out more in this page.

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