Best Forex No Deposit Bonus in India (2025)

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TOP Forex no-deposit bonuses in India 2025:

XM Group - No Deposit Welcome Bonus $30
Bybit - 20 USDT Welcome Gifts
InstaForex - $1000 Startup No Deposit Bonus
Tickmill - $30 Welcome Account
WForex - Bonus $10 Free

Forex trading has become increasingly popular in India in recent years, with more and more traders looking to profit by buying and selling currencies. One of the ways to get started in this market is by taking advantage of Forex no-deposit bonuses, which are offers made by brokerages to new traders to encourage them to open an account and start trading.

These bonuses allow traders to trade with real money without having to deposit their own, making them a low-risk way to get started in the Forex market. In this article, we will look at some of the best Forex no-deposit bonuses available in India in 2025, so you can find the right broker for you and start trading confidently.

Best Forex Bonuses in India

Below you will find all the information.

Best No Deposit Bonus Forex in India

	Bonus/promotion name	Bonus Size ($, %)	Status	Referral code or referral link to the bonus page
XM Group	No Deposit Welcome Bonus $30	$30	Active	Claim your bonus
Bybit	20 USDT Welcome Gifts	20 USDT	Active	Claim your bonus
InstaForex	$1000 Startup No Deposit Bonus	$3,500	Active	Claim your bonus
Tickmill	$30 Welcome Account	$30	Active	Claim your bonus
WForex	Bonus $10 Free	$10	Active	Claim your bonus

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Unlimited

Expiration date

XM offers a "Trading Bonus" promotion, giving new clients from Oman, Singapore, Malaysia, UAE, Kuwait, Bahrain, and Bruneia $50 bonus without requiring a deposit. In certain regions, new clients are eligible for a $30 No Deposit Bonus, This bonus is credited automatically upon account opening and can be used for trading. Profits made from the bonus can be withdrawn, though the bonus amount is deducted proportionally upon withdrawal. The bonus is valid for 30 days. This promotion is not available to clients under the jurisdictions of CySEC, ASIC, and DFSA.

How to claim?

Register a new trading account
Complete the account verification
Claim the Bonus
Complete the SMS verification

Request Bonus

Unlimited

Expiration date

Bybit's 20 USDT Welcome Gifts promotion is designed to reward new users who join the platform. The offer celebrates Bybit reaching 15 million users, providing newcomers with a 20 USDT coupon upon registration. This incentive aims to familiarize new users with the platform's features and encourage their active participation in trading.

How to claim?

Sign up.
Receive a USDT coupon as a reward.

Request Bonus

Unlimited

Expiration date

The $1000 STARTUP bonus is a no-deposit bonus that allows new clients to start trading on Forex without any initial investment. Following registration, verification, and contacting customer service, the bonus amount is automatically credited to the client's account. The bonus can be used for trading purposes only and cannot be withdrawn. However, the profits made with the bonus can be withdrawn at any time. The bonus is available for all account types on the MetaTrader 4 and MetaTrader 5 platforms, and the bonus is valid for 7 days and can be canceled at any time.

How to claim?

Register Live account
Apply for the bonus
No verification needed

Request Bonus

Unlimited

Expiration date

The Welcome Account is a special offer that allows new clients to experience trading with Tickmill without any risk. The clients receive a $30 bonus, which can be used for trading on over 80 instruments. The bonus is valid for 60 days, and profits made from the bonus can be withdrawn after trading at least 5 lots. Profits not less than $30 and profits not more than $100 can be withdrawn from the welcome account to the client’s wallet. The bonus is available for trading for 60 days from the day of opening. Once 60 days have passed, trading will be disabled, but the account will still be accessible for an additional 14 days to claim the earned profit. The offer is limited to one account per client and is not available in certain countries.

How to claim?

Complete the registration form
Login into the account with credentials sent to you by email address
Wait until the bonus is added
* available for trading for 60 days from the day of opening

Request Bonus

Unlimited

Expiration date

World Forex offers a $10 non-deposit welcome bonus for new clients. To participate, register on the site, complete the personal information form, verify your phone number and identity, open a trading account, and apply for the bonus. The bonus is available for W-PROFI, W-CENT, and W-OPTION account types. The $10 bonus can be used for trading, and profits earned can be withdrawn once a specified trading turnover is achieved. This promotion provides a risk-free opportunity for new clients to start trading and earning without any initial financial investment.

How to claim?

Register and verify your account
Open one of the trading accounts W-PROFI, W-CENT, W-OPTION
Apply for a bonus

Request Bonus

How to Get Tickmill No-Deposit Bonus

To obtain Tickmill's $30 no-deposit bonus, follow these detailed steps:

Visit Tickmill's Website: Navigate to Tickmill's official website.
Sign Up for a New Account: Find the promotion for the $30 Welcome Account and start the registration process.
Complete Registration Form: Fill in the necessary personal details on the registration form.
Verify Your Account: Complete the required verification procedures which may involve submitting identification documents.
Open the Applicable Trading Account: Choose the appropriate account type, such as the Pro account, which is eligible for the bonus.
Receive the Bonus: After verification, the $30 bonus is automatically credited to your account.
Start Trading: Use the bonus for trading in the financial markets.
Withdrawal Conditions: You can withdraw a minimum of $30 and a maximum of $100 of profit from the Welcome Account to your Wallet. Once the profit transfer is completed, the Welcome Account will be disabled.
Compliance: Be aware of Tickmill's terms and conditions, including their right to reject a bonus request or block the Welcome Account if misuse or abuse is suspected.

Can I Withdraw My Forex Bonus in India?

The conditions for withdrawing your bonus vary depending on the type of bonus you receive. Let's take a look at the conditions for each type of bonus.

For the Welcome Bonus, you can't withdraw the bonus money itself, but you can withdraw the profit you make with it. You can only use the bonus for trading, but it won't count in your drawdown.

For the Classic Bonus, the profit you make is available for withdrawal anytime. And you can even withdraw the bonus money itself, but you must meet the trading volume requirements first. Before you meet the requirements, the bonus and the deposit amount are both locked. They are unlocked after the user trades a certain number of standard lots.

For the Profit Share Bonus, the profit you make is available for withdrawal anytime. However, the deposit amount is locked and is only released under two conditions: fulfilling trading volume requirements or after the cancellation of the bonus.

How to Choose a Forex Bonus in India?

Type of Bonus

Most brokers in India offer multiple types of bonuses. So, you must consider the type of bonus best suited to your needs. For example, if you're a beginner trader, a welcome bonus would be ideal as it doesn't require you to make a deposit. If you're an experienced trader, a deposit that gives you more trading capital would be more beneficial.

Conditions

Each type of bonus comes with its own set of conditions. Make sure you understand the conditions attached to the bonus before you accept it. For example, some bonuses require you to trade a specific volume before you can withdraw the profit you make. Others may have time limits attached to them. You must understand the conditions to make the most of the bonus.

The Broker

Not all no deposit bonus brokers are created equal. Some offer better bonuses than others. It would be best if you considered the broker before you accept a bonus. Make sure you read the reviews and compare the brokers to find the best one for you.

Rules and Regulation

Licensing in India
In India, brokers are regulated by the Reserve Bank of India (RBI) and the Securities and Exchange Board of India (SEBI). The former supervises foreign currency and the latter controls the stock market. The conditions for obtaining a license are: sufficient capital, a detailed business plan, compliance with rules and regulations, professional qualifications of key employees, and a professional reputation of the applicant.
Investor protection in India
To resolve disputes, traders can approach the RBI and SEBI that prevent fraud and dishonest activity in the securities market.
Taxation in India
Traders in India are subject to two primary types of taxes: direct and indirect. Direct taxes include a 5%-30% income tax. Capital gains tax is 15% for short-term profits and 10% for long-term ones. Trading income under 2.5 lakhs of Indian rupees is not taxable.

Expert Opinion

As a new trader, focus on using the bonus funds for learning rather than chasing profits. Open a demo account with each broker and get a feel for their platforms before accepting any live offers.

For Indian traders just starting out, I suggest using the bonus amount for simple technical analysis trades rather than riskier options or highly leveraged positions. Focus on trends, support/resistance, and moving averages in currency pairs such as EUR/USD and GBP/USD which have decent volatility.

Look to replicate paper trading by setting realistic daily profit targets between 1-2% of the bonus amount. Avoid chasing losses or moves against you. Also, analyze your trades to learn from mistakes.

Once comfortable with the broker's platform, consider depositing a small amount to get familiar with real money trading pressures. Start with proper risk management - no more than 2% risk per trade. Be disciplined and cut losing trades quickly.

FAQs

Which broker has the Best Forex No Deposit Bonus?

Some popular brokers that have been known to offer Forex no deposit bonuses include InstaForex, Tickmill and others. However, it's important to thoroughly research and compare the bonuses and terms offered by each broker before making a decision.

Can I withdraw profit from the no deposit bonus?

Withdrawing profits from a Forex no deposit bonus is possible, but you must meet the requirements set forth by the broker. These requirements may include a minimum trade volume, a minimum balance requirement, or other conditions. For example, a broker may require that you trade a certain number of lots before being able to withdraw your profits from a no deposit bonus Forex deal.

Under which conditions can I get a Forex bonus?

Different brokers have different rules. Usually, at least registration and account verification are required. On rare occasions, partial or simple verification is required. If we talk about the deposit bonus, you will have to make a deposit, as you can assume from its name. Also, you don’t need to make a deposit to get a no deposit bonus.

How do I choose the best Forex bonus?

Using the search bar of your browser, you can easily find brokers offering welcome bonus Forex India. Next, you need to visit the websites of each of them and compare their conditions. However, you can save your time and use the rating compiled by the TU experts.

What are the most common mistakes of traders when choosing a Forex bonus?

The most common mistake is choosing in favor of commission reduction. Some brokers offer this kind of bonus, but it is eliminated by additional expenses. The other mistake is the lack of desire to read the conditions for receiving a bonus fully. The third most common mistake is attempting to get the maximum bonus by making a big deposit.

Is it possible for a broker to recall its bonus?

Welcome and Forex no deposit bonus India can be recalled by the broker due to various reasons. The key reasons include violation of the rules for using the bonus by a trader, violation of general rules of the platform, or, as an option – of the regional or international law. The broker is not obliged to provide a reason.

Team that worked on the article

Oleg Tkachenko is an economic analyst and risk manager having more than 14 years of experience in working with systemically important banks, investment companies, and analytical platforms. He has been a Traders Union analyst since 2018. His primary specialties are analysis and prediction of price tendencies in the Forex, stock, commodity, and cryptocurrency markets, as well as the development of trading strategies and individual risk management systems. He also analyzes nonstandard investing markets and studies trading psychology.

Also, Oleg became a member of the National Union of Journalists of Ukraine (membership card No. 4575, international certificate UKR4494).

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Dr. BJ Johnson is a PhD in English Language and an editor with over 15 years of experience. He earned his degree in English Language in the U.S and the UK. In 2020, Dr. Johnson joined the Traders Union team. Since then, he has created over 100 exclusive articles and edited over 300 articles of other authors.

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).

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