You’ll find that most bonuses, even the ones offered by well-known brokers, usually fall within the range of $10 to $100. It’s not easy to find a broker that offers a $200 no deposit bonus, but there are a few out there. They might not be exactly what you’re looking for, but they come close.
What is a Forex $200 No Deposit Bonus?
A Forex $200 no deposit bonus is a promotional offer credited to a new trader’s account by a broker. The bonus is offered once you register on the broker’s platform.Â
The $200 no deposit bonus is popular among new traders because it’s risk-free. This means you can start trading without risking your personal finances. With the bonus, you are able to test out the platform, practise your trading strategy, and improve your skills.
What to Look For In a Forex $200 no deposit bonus
When looking for a $200 no deposit bonus from a broker, it’s important to consider the following factors to ensure you get the best of it.
- Terms for withdrawing the bonus
- Broker reliability and trustworthiness
- Jurisdiction limitations
- Time limits
- Registration and verification procedure
- Bonus cancelation terms
Forex Brokers offering $200 No Deposit Bonus
| Broker | Trading requirement | Time Limit |
|---|---|---|
| Meefx | $200 per lot | – |
| The Liquidity | Must trade at least 2 lots (1 lot = $100,000)Profit or loss of a transaction must be at least 6 pips (60 points) | 90 days |
Meefx $200 No Deposit Bonus
MeeFX offers over 50 forex currency pairs and traders can use MT4 on desktop, web, and mobile for added convenience. With a high leverage up to 2000:1, it’s appealing for those seeking substantial exposure with a lower starting investment. Plus, the broker has a low minimum deposit of only $5, making it beginner-friendly.
Meefx offers you a $200 no deposit forex bonus upon registration. You must verify your data and create a standard trading account.
Terms and Conditions
- Bonus is only available in Indonesia, Thailand, Vietnam, Malaysia, Brunei Tanzania, Timor Leste, Singapore, Pakistan, Turkey, Japan, Philippines, Iran, Palestine, Qatar, India, Sri Lanka, and Saudi Arabia.
- You must share the offer on 20 different Facebook groups
- $200 per lot
The Liquidity $200 No Deposit Bonus
The Liquidity stands out as a top option for traders looking for a strong trading platform and a wide range of assets to trade. New traders can enjoy leverage of up to 1:500 and access to 24/7 customer support.
When you register with The Liquidity, you gain a $250 no deposit bonus you can
use to test out the broker. You must verify your details and Thumbs Up, Comment, and Share on Facebook the offer from The Liquidity’s official Facebook Page.
Terms and Conditions
- Valid for 90 days
- You must verification
- You must trade at least 2 lots (1 lot = $100,000) within a period of 7 days
- The profit or loss of a transaction must be at least 6 pips (60 points)
- The maximum profit sum available for transfer is $500
How to Claim the $200 No Deposit Bonus
The process for claiming a $200 no deposit bonus is quite simple:
- Open a trading account with your broker of choice. If there is a promo, enter it while registering.
- Go through the verification process by uploading any KYC documents, or verifying your mobile number.
- Read the bonus requirements to ensure you meet all the criteria.
- The bonus amount is automatically deposited into your accounts as soon as your account is approved.
Making Profits With Your Forex $200 No Deposit Bonus
A Forex $200 no deposit bonus allows you to trade and make profits without using your own funds. You can use this amount to make trades that earn you a profit. However, you must meet the broker’s trading turnover requirements before you are able to withdraw any profits. Always look at the terms and conditions to know what is expected from you.
What to Avoid When Choosing A Broker With Forex $200 No Deposit Bonus
Because few brokers typically offer a $200 no deposit bonus, it can be difficult to distinguish between legitimate and illegitimate brokers. Here is what you should avoid:
- Unrealistic trading requirements: You should not have to jump through ridiculous hoops to access the bonus.
- Unregulated brokers: An unregulated broker poses a huge risk since there is no oversight ensuring the broker maintains industry standards. Trading with unregulated brokers leaves your trading capital unprotected.
- Too good to be true: If a broker’s bonus or profit claims seem too good, they probably are. Extreme claims of significant profits should be avoided.
- No transparency: Trustworthy brokers always lay bare information regarding their platform. Avoid any broker who doesn’t clearly state the bonus terms and conditions, trading fees, or regulatory status. This means you will have challenges withdrawing any profits made from the bonus or you will suddenly be charged trading fees.
- No physical location: While some brokers are completely online, it is better to deal with brokers with a physical presence. Brokers without a physical location may make it difficult to address any challenges you may face.
- Lack of reliable customer service: The customer support team should be available to answer your queries promptly.
Verification Documents for a $200 forex no deposit bonus
The documents required to verify an account for a $200 forex no deposit bonus can vary between brokers, but typically include a government-issued ID, proof of address, and a proof of payment method. It is important to read the broker’s account verification requirements carefully and provide all necessary documents to avoid any delays in claiming the bonus.
Finally
Before you decide on a broker, take the time to examine the terms and conditions of any bonuses offered thoroughly. These bonuses typically come with specific trading requirements and withdrawal restrictions. To protect yourself from potential scams, ensure that the broker is regulated and has a solid reputation among traders.
