Best No Deposit Bonus Forex in Indonesia for 2024
Best no deposit bonus Forex in Indonesia for 2024 offers RoboForex
Top brokers with no deposit bonus Forex in Indonesia for 2024:
RoboForex - $30 no deposit bonus;
FBS - $140 Level-Up no deposit bonus.
InstaForex - $1000 no deposit bonus;
HFM - $35 no deposit bonus;
Tickmill - $30 no deposit bonus;
Ready to start trading currencies but don't want to risk too much of your own capital at first? You're in luck - many top Forex brokers currently offer generous no-deposit bonuses exclusively for traders in Indonesia. These offers provide the perfect low-pressure way to feel out Forex trading without committing any funds upfront.
Bonuses range from $30 up to $1,000 or more. While terms apply, as with any reward, the conditions are generally reasonable - usually just completing a quick sign-up and verification. Then you'll have some free funds to put in real trades and get hands-on experience, seeing if you truly enjoy the challenge of predicting market movements. It's also a low-risk method to determine if a particular broker is a good fit before moving forward with a live account.
-
Can I withdraw the bonus money?
In most cases no, the bonus money itself cannot be withdrawn and is only for trading practice. Any new profits made from trading with the bonus can usually be withdrawn.
-
What are the requirements to qualify for a no-deposit bonus?
Requirements typically include completing the account registration process, verifying identity documents, and sometimes depositing a small minimum amount.
-
Do bonuses expire?
Yes, no-deposit bonuses usually come with an expiration date, often 30-60 days from when the bonus is added to the trader's account.
-
Can I get bonuses from multiple brokers?
Yes, traders are allowed to take advantage of sign-up bonuses offered by multiple brokers at the same time if eligible. Just be aware of the different terms for each.
What is a Forex Bonus?
Welcome Bonus Forex In Indonesia, just like all other types of bonuses, is a marketing ploy by a broker aimed at attracting new clients. The benefit for the trader in this case is that the broker adds own funds to the first deposit of the trader. If we talk about Forex no deposit bonus Indonesia, the broker adds own funds even if a trader does not deposit funds to the account.
As a rule, you cannot withdraw the bonus amount, or you need to achieve a certain (rather high) trading volume in order to be able to do that. It is, however, possible to withdraw profit that you earned by using bonus funds. That’s the main motivation for novice traders. They have an opportunity to assess convenience and functionality of the platform with minimum investment, while their profit potential increases through the bonus funds.
Forex welcome bonus
The name of the bonus explains it all – a trader can get additional funds to the account from the broker only when he makes the first deposit. The bonus is not awarded for all subsequent deposits. Therefore, in order to get this bonus, you need to fund your account by at least the minimum deposit amount.
👍 Pros
• Traders who cannot make a big initial deposit right away can have more money for trading thanks to the welcome bonus.
•The bonus provides an opportunity to assess how comfortable it is to work with the broker in real conditions with real money at a minimum risk for your budget.
•Often a welcome bonus, Forex Indonesia can be used for “drawdown”, which also reduces the risks for the trader’s budget.
👎 Cons
• The bonuses of this type are not no deposit bonuses, which means that you have to deposit at least some amount on the account.
•Often, bonus funds cannot be withdrawn or you have to trade high volumes to be able to withdraw them.
•Getting free funds increases the risk of irresponsible trading and can lead to losses.
No Deposit Bonus Forex
As in the case with the welcome bonus, the name of the no deposit bonus is self-explanatory. It does not require making a deposit. Brokers provide their funds to the trader for free after registration and verification of an account. Many believe that the Forex no deposit bonus in Indonesia is the best bonus, because it allows you to start trading without investing your own money.
👍 Pros
•You can start earning money in the Forex market without using your own funds.
•Traders do not carry the risk of losing their own money when trading actively with bonus funds.
•The funds provided by the broker can be used to see if the platform is suitable for you.
•These bonuses are priceless for novice traders, because they allow them to gain real experience risk-free.
👎 Cons
•Usually the bonus cannot be withdrawn, and the profit earned from it can usually be withdrawn either at a certain trading volume or after a certain time.
•Sometimes, brokers have additional conditions, under which you cannot withdraw profit earned from the bonus funds in full.
•There won’t be too much benefit from the bonus if a trader does not trade actively, because he won’t be able to withdraw profit from it.
•All brokers warn traders that Forex no deposit bonus Indonesia, can be recalled.
Forex deposit bonus
This is the second most popular type of bonus after the welcome bonus. A trader makes a deposit of a certain amount and gets additional funds from the broker. The difference from the welcome bonus is that you can get a deposit bonus more than once. As a rule, these are promo bonuses, but some brokers award them for each deposit.
👍 Pros
•A trader receives additional funds to his account for free.
•Profit potential increases with additional funds.
•Deposit bonus is especially relevant if you have a small budget.
•Bonus funds can be used to explore the platform.
•You have a chance to make good money with minimum investment.
👎 Cons
•As a rule, a number of conditions must be met in order to withdraw funds from a deposit bonus.
•The bonus psychologically encourages traders to trade more actively, which could lead to losses.
•If a trader has significant capital and makes large deposits, this bonus is sometimes not important for him.
•Bonus funds can be withdrawn by the broker at any time for a variety of reasons.
7 best Forex bonuses in Indonesia
Forex trading is a popular way to make money online in Indonesia. It is no wonder that many brokers are offering bonuses to attract Indonesian traders. The no deposit bonus and welcome bonus are two of the most common bonuses offered by brokers.
The conditions to receive a bonus vary from broker to broker. So, it's only natural that you compare parameters such as the amount of the bonus, the level of verification required, and the broker's regulation before deciding which bonus to choose.
To help you choose the best bonus for you, we have compiled a list of the top nine brokers with no deposit bonus in 2024. We have also included a brief overview of each bonus so you can make an informed decision.
| # | Broker | Bonus type | Value | How to get a bonus | Bonus |
|---|---|---|---|---|---|
| 1 | No deposit | $30 | Register, confirm data, deposit at least $10. The bonus itself cannot be withdrawn. |
|
|
| 5 | No-deposit | $70 or $140 | Register, verify. $70 is given for registering on the site, $140 for registering through the app. The bonus itself cannot be withdrawn. |
|
|
| 2 | No-deposit | $1,000 | Register. The bonus cannot be withdrawn. |
|
|
| 3 | No-deposit | $35 | Open a trading account with HFM |
|
|
| 4 | No-deposit | $30 | Register, verify. The bonus cannot be withdrawn. |
|
|
| 6 | No-deposit | $88 | Register a live account and verify it in full, click on the "Get the No Deposit Bonus" button |
|
|
| 7 | No-deposit | $100 | Create an account with Admiral Markets |
|
RoboForex $30 No Deposit Bonus
RoboForex is offering an amazing opportunity for newcomers to the world of trading; a $30 no-deposit bonus. Traders can use this bonus credit on an expansive selection of financial products. You may also be interested in reviews about RoboForex from clients in Indonesia.
How to Get the RoboForex No Deposit Bonus
You must first open an account and verify your identity to take advantage of this offer. You must deposit at least $10 to your trading account using a permitted bank card (China UnionPay, Maestro, MasterCard, or VISA). The welcome bonus is only available for the accounts with leverage up to and including 1:1000.
Can I Withdraw Profits?
You can withdraw any profits made from trading with the bonus, but you can't withdraw the actual bonus funds.
Other Bonuses
With RoboForex, traders can also get the Classic Bonus and the Profit-Share Bonus. The classic bonus gets you an additional $120 of your deposit. It; 's automatically transferred to your account when you make your initial deposit. The profit share bonus is an additional $60 you get after depositing, and you can use it during drawdown to limit losses.
RoboForex Bonus – How to Get Forex Bonus for FreeFBS $140 Level-Up No Deposit Bonus
The FBS Level Up Bonus rewards you with real money, an impressive sum of $140 USD, which you can use on your real account. The offer includes a full set of educational materials to help you strengthen your trading knowledge.
How to Get the Bonus
To get your bonus, you must first create a Level-Up bonus account, which will give you access to $70. However, to get the $140, you need to download the FBS Personal Area App.
Can I Withdraw the Profits?
Yes. However, you have 40 days to use the bonus and must ensure you keep trading for at least 20 days with no more than 5-day breaks in between. Once you're done with the bonus period, you can easily transfer any profits you make into your own Real Account.
FBS Bonus - How to Get No Deposit Bonus $140InstaForex $1000 No Deposit Bonus
InstaForex is offering their customers a great incentive: the $1000 forex no-deposit bonus! The InstaForex $1000 No Deposit Bonus is an exclusive offer that allows new clients to test out the broker's services without needing to make a deposit.
How to Get the Bonus
You must first register and verify an account with the broker. Once you register your account, the broker credits your bonus to your account with $1000 instantly.
Can I Withdraw the Profits?
Yes. Even though you can't withdraw the bonus funds, you can withdraw any profits you make through trading with the bonus. However, you must make a deposit with real money within 7 days, as not doing so will automatically cancel out the bonus in its entirety.
Other Bonuses
InstaForex offers several other bonuses, starting with the 100% deposit bonus on your first deposit. Traders also get a 55% bonus on every deposit and up to 40% club bonus.
InstaForex Bonus – How to Get Forex Bonus for FreeHFM $35 No Deposit Bonus
The HFM $35 No Deposit Bonus is a great opportunity to start trading without the need to invest any of your own money. The bonus is available to all new clients of HF Markets Ltd. and has been running since 2022.
How to Get the Bonus
To qualify, simply open a trading account with HFM, and the broker will credit your account with $35 in funds. You can then use this money to trade Forex, silver, and gold. The bonus is valid for 30 days after activation, so make sure you use it before it expires. You must trade using their MT4 Cent, MT4 Micro, or MT4 Premium accounts.
Can I Withdraw the Profits?
To be eligible for withdrawal, you must have traded 0.5 lots in volume and completed at least 5 trades. Any amount withdrawn may result in a proportional deduction of the bonus amount from your account balance.
Other Bonuses
HFM offers several benefits, starting with the 100% supercharged bonus that traders get every time they deposit $250 or more. There's also a 30% bonus for $50 deposits and a 100% credit bonus.
Tickmill $30 No Deposit Bonus
With Tickmill's Welcome Account, you'll get a $30 bonus credited directly into your account. You can use this bonus to begin trading and take advantage of opportunities that arise without risking your own money.
How to Get the Bonus
You must first create your account with the broker. Once Tickmill verifies and approves your account, they'll automatically credit it with the bonus funds. The bonus is available for 60 days from the day of opening, so there's plenty of time to make full use of it.
Can I Withdraw the Profits?
Yes, you can, but after meeting some stipulations. To withdraw any profits you make using the bonus, you'll have to open a Client Area account and deposit at least $100 in the new account. Furthermore, you can only withdraw a minimum of $30 and a maximum of $100 in profits, and you only get one chance to transfer the money to your trading account.
Tickmill Bonus - How to Get No Deposit Bonus $30SuperForex $88 No Deposit Bonus
The SuperForex $88 no-deposit bonus is an incredible opportunity for Forex traders. It's available for any customer who has a live trading account that is fully verified.
How to Get the Bonus
To get the bonus, customers must register a live account and verify it in full, after which they can click on the "Get the No Deposit Bonus" button at the bottom of the page.
Can I Withdraw the Profits?
The amount free for withdrawal depends on your trading volume according to a formula: 1 lot = $1. For example, if you wish to withdraw $50, you must have traded at least 50 lots.
Other Bonuses
SuperForex has a 60% Energy Bonus that activates every time you make a deposit.
Admiral Markets $100 No Deposit Bonus
The Admiral Markets forex no deposit bonus is a great way to start trading online and get familiar with the markets without risking your own money.
How to Get the Bonus
You need to create an account with Admiral Markets first to qualify. When you open a Live Account, you automatically receive $100 as a trading bonus. This gives you 30 days to trade with the bonus and see if you can make any profits.
Can I Withdraw the Profits?
You will not be able to withdraw the bonus from your account, but you can withdraw any profits that you make from your trades within the stipulated period. To withdraw, however, you need to open an account and trade a notional value amount with your own money.
Admiral Markets Bonus ProgramsHow to Get RoboForex No-Deposit Bonus $30
If you'd like to try your hand at Forex trading with a no-deposit bonus, then RoboForex is an excellent choice. The brokerage ensures that anyone can start trading without having to make a deposit. Even better is that you can withdraw your profits without restrictions. Let's look at how you can get started with the no-deposit bonus.
Open an Account
Visit the RoboForex website and find "Open an account" in the upper right corner. You will be redirected to the registration page, where you will need to fill in your personal details such as name, email, and phone number.
You'll then need to agree to the terms and conditions by checking the respective box. Once you've done that, click on "Register" to proceed. You'll receive an email with your credentials to log in to the Members Area.
Opening a RoboForex account
Deposit Funds
Even though it's a no-deposit bonus, you will need to deposit at least $10 into your account to activate the bonus.
On the next page, after registering, you'll see the details of your account and the "deposit" button. Click on it, and you'll be taken to a new page where you can choose your payment method and the amount you wish to deposit.
Depositing funds
Note: You can only deposit using a bank card.
You'll then be prompted to enter personal details such as your year of birth and address before you can deposit funds into your account.
Verification
The next step is to verify your personal information. You'll need to upload a copy of your passport or ID and a utility bill no older than three months. You can upload the documents to the Members Area.
You'll also need to provide proof of your address, such as a utility bill, bank statement, or lease agreement.
Receive the Bonus
Once you've completed the verification process, you'll receive an email from RoboForex informing you that the no-deposit bonus has been credited to your account. You can now start trading with the bonus funds.
Can I Withdraw My Forex Bonus in Indonesia?
In Indonesia, the $30 Welcome Bonus offered by RoboForex is not withdrawable. However, any profits you make while trading with the bonus funds are available for withdrawal without restrictions. These funds also don't count in the drawdown calculation.
Like the Welcome Bonus, the Classic Bonus with up to 120% does not count in the drawdown calculation. You can withdraw profits without restrictions. However, the bonus and the deposited amount are available for withdrawal only after meeting the required volume of traded lots. The trading volume is calculated using the formula: (Number of lots) = (The Bonus sum in USD) * / 2.
For Profit Share Bonus, the additional 60% is not available for withdrawal. Only the profit made trading with your own funds can be withdrawn without any restrictions. The amount deposited is available for withdrawal after the bonus is canceled or certain trading volume conditions are met. The formula used is (Number of lots) = (The Profit Share bonus sum in USD*) / 2. The advantage of this bonus is that you can use it during drawdown to limit your loss.
Top-3 Forex Welcome Bonuses in Indonesia
RoboForex
RoboForex in Indonesia offers a no-deposit Welcome Bonus of $30 for all new clients. The bonus is available for trading only and cannot be withdrawn. Profits made while trading with the bonus funds are available for withdrawal without conditions.
You'll need to register for a real account and verify your personal information to receive the no-deposit bonus. Once that's done, the bonus funds will automatically be credited to your account. You must, however, deposit at least $10 into your account with a bank card to activate the bonus.
AvaTrade
AvaTrade offers bonuses from time to time, depending on the promotions they're running. Currently, they offer a Welcome Bonus for all new traders. The minimum deposit required to get the bonus is $200. The maximum deposit is $50,000.
But the deposit alone is not enough to get the bonus. You'll need to verify your account by submitting identification documents and also open a trade. The bonus will be credited to your account once these conditions are met. However, if you do not achieve the required trading volume in six months, AvaTrade will cancel it.
TeleTrade
TeleTrade offers a one-time Start Bonus of 100% for all new clients. The more funds you deposit, the higher the bonus. There is no minimum deposit, so you can start trading with as little as $10. The bonus is available for trading and can be withdrawn after meeting the required trading volume.
TeleTrade can also cancel the bonus if you withdraw your funds before meeting the required trading volume. So make sure you trade enough to reach the conditions set by TeleTrade.
How to Choose a Forex Bonus in Indonesia?
Choosing a Forex bonus in Indonesia requires careful consideration to ensure that the bonus aligns with your trading goals and preferences while also being offered by a reputable broker. Here are steps to help you select a Forex bonus:
Select a regulated broker. Start by choosing a Forex broker that is regulated by the relevant authorities in Indonesia. Regulatory oversight ensures a certain level of safety and fairness in the Forex market.
Understand the types of bonuses. No-deposit bonus, deposit bonus, volume-based bonus, welcome bonus, rebate bonus.
Review bonus terms and conditions. Pay attention to minimum deposit requirements to qualify for the bonus, trading volume or other requirements to withdraw profits generated from the bonus, etc.
Check for restrictions. Ensure that the bonus does not come with overly restrictive conditions that hinder your trading style or goals. Some brokers impose limitations on profit withdrawals, making it challenging to access your earnings.
Compare bonus amounts. Compare the bonus amounts offered by different brokers. While larger bonuses may seem attractive, be cautious of bonuses that appear too generous, as they may come with more stringent withdrawal conditions.
Remember that while Forex bonuses can provide additional capital for trading, they should not be the sole factor in selecting a broker. Regulatory compliance, trading conditions, customer support, and overall reliability are equally important when choosing a broker in Indonesia.
Is Forex Trading Legal in Indonesia?
Forex trading is legitimate in Indonesia as long as it is conducted through a regulated and licensed broker. The Indonesian Forex market is regulated by the Indonesia Financial Services Authority (OJK), which is the country's financial regulatory body. The OJK was established in 2011 and is responsible for ensuring the stability of the Indonesian financial system and protecting the interests of consumers and investors.
In terms of Forex trading, the OJK requires that all Forex brokers operating in Indonesia obtain a license and comply with strict regulations. The regulations include capital requirements, reporting and disclosure obligations, and rules on risk management, customer protection, and anti-money laundering. The OJK also regularly monitors the activities of licensed Forex brokers to ensure that they are complying with the regulations.
Additionally, the OJK has established the Investor Protection Fund (Dana Perlindungan Investor or DPI), which provides compensation to investors in case a licensed Forex broker becomes insolvent or unable to fulfill its obligations.
No-Deposit Bonus Forex 2024 Indonesia: Summary
Are you looking for a no deposit bonus forex in Indonesia? The brokers listed here all offer no deposit bonuses to Indonesian traders.
Most no deposit bonuses will require you to:
-
Register for a real account
-
Verify your personal information
-
Deposit at least X amount of money into your account
-
Activate the bonus
So before accepting any no deposit bonus in Indonesia, ensure you understand the terms and conditions. And remember to trade responsibly.
Team that worked on the article
Andrey Mastykin is an experienced author, editor, and content strategist who has been with Traders Union since 2020. As an editor, he is meticulous about fact-checking and ensuring the accuracy of all information published on the Traders Union platform. Andrey focuses on educating readers about the potential rewards and risks involved in trading financial markets.
He firmly believes that passive investing is a more suitable strategy for most individuals. Andrey's conservative approach and focus on risk management resonate with many readers, making him a trusted source of financial information.
Olga Shendetskaya has been a part of the Traders Union team as an author, editor and proofreader since 2017. Since 2020, Shendetskaya has been the assistant chief editor of the website of Traders Union, an international association of traders. She has over 10 years of experience of working with economic and financial texts. In the period of 2017-2020, Olga has worked as a journalist and editor of laftNews news agency, economic and financial news sections. At the moment, Olga is a part of the team of top industry experts involved in creation of educational articles in finance and investment, overseeing their writing and publication on the Traders Union website.
Olga has extensive experience in writing and editing articles about the specifics of working in the Forex market, cryptocurrency market, stock exchanges and also in the segment of financial investment in general. This level of expertise allows Olga to create unique and comprehensive articles, describing complex investment mechanisms in a simple and accessible way for traders of any level.
Olga’s motto: Do well and you’ll be well!
Mirjan Hipolito is a journalist and news editor at Traders Union. She is an expert crypto writer with five years of experience in the financial markets. Her specialties are daily market news, price predictions, and Initial Coin Offerings (ICO). Mirjan is a cryptocurrency and stock trader. This deep understanding of the finance sector allows her to create informative and engaging content that helps readers easily navigate the complexities of the crypto world.