Best No Deposit Bonus Forex In Indonesia

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Go to broker’s website Plus500 Overview

If you're too busy to read the entire article and want a quick answer, the best broker with no deposit bonus Forex in Indonesia is Plus500. Why? Here are its key advantages:

Is legit in your country (Identified as United States )
Has a good user satisfaction score 6.83 out of 10
Opportunity to test strategies
Incentive for long-term relationship

Go to broker’s website Plus500 Overview

Below, we'll explain in more detail why we believe this and how brokers were evaluated.

Best no deposit bonus Forex in Indonesia for 2025 are:

XM Group - Best Order Execution (99.35% of orders are executed nearly instantly)
Bybit - A global cryptocurrency exchange offering Forex and CFD trading through the MetaTrader 5 platform, with leverage of up to 1:500.
InstaForex - Biggest Forex bonuses (up to 100% per deposit)
Tickmill - Best for EUR/USD trading (avg spread is 0.1 pips)
WForex - Best for trading with a small capital (minimum deposit of $1)

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 $5 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.

Best no-deposit Forex bonuses in Indonesia

We have curated the best Forex no-deposit bonuses in Indonesia for you in the table below:

Best no-deposit Forex bonuses in Indonesia
	TU Trust level	Bonus/Promo	Bonus Size ($, %)	Accessible to	Referral code or referral link to the bonus page
XM Group	4,4/5	Bonus	$30	Excluding clients under CySEC, ASIC, and DFSA jurisdictions	Claim your bonus
Bybit	4,9/5	Bonus	20 USDT	New clients	Claim your bonus
InstaForex	4,5/5	Bonus	$3,500	New clients	Claim your bonus
Tickmill	4,82/5	Bonus	$30	Except European Union	Claim your bonus
WForex	3,56/5	Bonus	$10	New clients	Claim your bonus

Request Bonus

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

We at Traders Union have analyzed financial markets for over 14 years, evaluating brokers based on 250+ transparent criteria, including security, regulation, and trading conditions. Our expert team of over 50 professionals regularly updates a Watch List of 500+ brokers to provide users with data-driven insights. While our research is based on objective data, we encourage users to perform independent due diligence and consult official regulatory sources before making any financial decisions.

Learn more about our methodology and editorial policies.

What is a Forex bonus?

A Forex bonus is an incentive offered by brokers to attract traders, providing additional funds or benefits to enhance trading experiences. These bonuses can include welcome bonuses, deposit bonuses, or no-deposit bonuses, varying in terms and conditions across brokers.

In Indonesia, welcome bonuses are common and typically involve the broker adding funds to a trader's first deposit, boosting their trading capital. No-deposit bonuses, on the other hand, allow traders to start trading without investing their own money, as the broker provides initial funds.

While Forex bonuses are appealing, they often come with conditions. For example, withdrawing the bonus itself may require meeting high trading volume requirements. However, profits earned using bonus funds are usually withdrawable, making these bonuses a useful way for beginners to explore trading platforms with reduced financial risk. Let’s take a look at the different types of Forex bonuses now.

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, to get this bonus, you need to fund your account by at least the minimum deposit amount.

Increased trading capital. Traders with limited initial deposits can boost their trading funds with the bonus.
Low-risk testing. Provides an opportunity to evaluate the broker's platform and trading conditions with real money at minimal personal financial risk.
Risk reduction. Many welcome bonuses can be used during "drawdown" periods, helping to mitigate potential losses and protect a trader’s budget.

Requirement for initial deposit. Unlike no-deposit bonuses, welcome bonuses require traders to deposit their own funds to qualify.
Withdrawal restrictions. Bonus funds are often non-withdrawable, or significant trading volume must be achieved before withdrawal is allowed.
Encouragement of risky behaviour. The availability of free funds may lead to overconfidence or irresponsible trading, potentially resulting in losses.

No deposit bonus Forex

As in the case of 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.

Risk-free start. Traders can begin earning in the Forex market without using their funds.
No personal financial risk. Since the funds are provided by the broker, traders do not risk losing their own money.
Platform testing. Allows traders to evaluate the platform and its suitability without making an initial investment.
Ideal for beginners. Provides novice traders with real-market experience without financial risk.

Non-withdrawable bonus. The bonus amount is usually non-withdrawable, and profits earned from it often require meeting specific conditions such as achieving a certain trading volume or waiting for a set period.
Additional conditions. Some brokers may impose extra restrictions, limiting the full withdrawal of profits earned through bonus funds.
Limited benefit for low activity. Traders who do not trade actively may find little value in the bonus, as withdrawal of profits may remain unattainable.
Bonus revocation. Brokers often reserve the right to recall the no-deposit bonus at any time, adding uncertainty to its benefits.

Forex deposit bonus

This is the second most popular type of bonus after the welcome bonus. A trader deposits 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.

Free additional funds. Traders receive extra funds in their accounts, increasing their trading capital.
Boosted profit potential. The added funds provide an opportunity to increase potential profits.
Ideal for small budgets. Especially helpful for traders with limited initial investment.
Platform exploration. Bonus funds allow traders to test and familiarize themselves with the broker's platform.
Low investment, high opportunity. Traders can aim for significant earnings with a minimal initial deposit.

Withdrawal conditions. Specific requirements, such as trading a certain volume, must usually be met before withdrawing bonus funds.
Encouragement of risky behavior. The bonus can psychologically prompt traders to engage in excessive or risky trading, potentially leading to losses.
Limited usefulness for high depositors. Traders with substantial capital may find deposit bonuses less significant or appealing.
Revocation of bonus funds. Brokers often retain the right to withdraw bonus funds for various reasons, adding an element of uncertainty.

How to get a no-deposit bonus

Let's look at how you can get started with the no-deposit bonus.

Find trustworthy brokers. Begin by searching for brokers that offer no-deposit bonuses as part of their promotions. Look for brokers with solid reputations and transparent terms. Check reliable reviews and feedback from other traders to ensure you’re making the right choice.
Go through the fine print. Once you’ve found a broker, take the time to read the fine print. Check the withdrawal conditions, trade volume requirements, and any restrictions on using the bonus. Understanding these factors ensures you won’t run into unexpected roadblocks.
Set up your account and verify. Most brokers require you to set up an account and verify your identity through KYC. Prepare to upload your ID, proof of address, and phone number to complete this process. This step is essential to prevent any security issues or fraud.
Try out new strategies. After receiving your bonus, you can start trading. Trade carefully, as you’ll need to meet certain trading volume requirements before you can withdraw your profits. Use this opportunity to practice and experiment with new strategies without risking your own money.
Check your performance goals. Once you’ve made your trades, make sure you meet all the necessary conditions to withdraw your bonus. Stay focused on your trading activity and track your progress. Once all the requirements are met, you can withdraw the profits you’ve made.

Can I withdraw my Forex bonus in Indonesia?

Yes, you can withdraw profits made with Forex bonuses in Indonesia, but the bonuses themselves often come with conditions and are usually non-withdrawable. For most brokers, the bonus funds are intended for trading purposes only, while profits generated using these funds can be withdrawn after meeting specific requirements.

For example, certain welcome bonuses cannot be withdrawn, but profits earned with the bonus funds are fully withdrawable without restrictions. However, these funds are excluded from the drawdown calculation, meaning they cannot be used to offset losses during adverse market conditions.

Converting bonus to withdrawable profits

Turning a Forex bonus into real profits requires fulfilling the conditions set by your broker. These often include hitting a required trading volume, usually starting at 5 lots, within a specific time limit of 30-40 days. Additionally, you’ll need to complete your account verification and follow approved strategies for your trades.

Profit limits typically cap around $200, so focusing on steady, small wins is more efficient than trying to make big gains with risky, impulsive trades. The best way to use the bonus is to practice and refine your trading skills, while always keeping disciplined risk management in place. Keep in mind that some brokers may ask for a minimal deposit, usually about $10, before you can withdraw any profits. Understanding these requirements is key to unlocking the full value of your bonus and ensuring a smooth trading experience.

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.

Look for freedom in how you use the bonus. When choosing a Forex bonus in Indonesia, focus on those that offer freedom in how you use the bonus funds. For example, a bonus with no restrictions on currency pairs or markets gives you more room to explore and develop your trading strategies. Flexibility lets you adjust your trades based on what the market gives you, which is crucial for long-term success.
Make sure it fits with Indonesian rules. Be sure that the bonus complies with local regulations in Indonesia. Some brokers may offer tempting bonuses, but they may come with hidden conditions or regional-specific terms that make it hard to access your profits. Always double-check that the bonus aligns with local Forex laws and won’t cause trouble when you try to withdraw your gains.
Check how much you need to trade. Bonuses come with trading volume requirements, which can be a big hurdle for beginners. Before committing, look for bonuses with achievable conditions that match your trading style and capacity. It’s best to choose bonuses where the requirements are straightforward, so you won’t feel pressured into reaching unattainable goals.
Think about your withdrawal options. Take the time to examine the withdrawal policies related to the bonus. Some brokers place strict limits on withdrawals, or they may require you to meet additional conditions before you can cash out. Look for bonuses that offer more reasonable withdrawal terms, ensuring you can access your profits without unnecessary delays.
Check if the bonus is easy to cash out. A critical but often ignored aspect of bonuses is the quality of customer support offered. If you run into problems or have questions about your bonus, ensure the broker provides responsive and supportive service. Having access to great support can save you a lot of time and stress if you encounter issues during the bonus claim or withdrawal process.

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.

Rules and regulation in Indonesia

We have provided an overview of the rules and regulations for brokers in Indonesia:

Licensing in Indonesia

In Indonesia, brokerage activities are primarily regulated by the Commodity Futures Trading Regulatory Agency (BAPPEBTI), which oversees commodity futures and Forex trading. The Financial Services Authority (OJK) supervises the broader financial services sector, ensuring compliance with financial regulations.

Additionally, Bank Indonesia plays a role in maintaining monetary stability and may issue regulations affecting foreign exchange transactions.

Investor protection in Indonesia

Investors are safeguarded by these regulatory bodies, which implement measures to ensure transparency and security in financial markets. BAPPEBTI enforces strict regulations on Forex trading to maintain market integrity.

If traders' rights are violated, they can file complaints with the relevant authorities, such as BAPPEBTI or OJK, responsible for addressing grievances and ensuring fair practices.

Taxation in Indonesia

Traders must declare income from Forex trading and pay taxes accordingly. Profits from Forex trading are considered taxable income under Indonesian law, with tax rates ranging from 5% to 30%, depending on the individual's total income.

It's essential for traders to maintain accurate records of their trading activities and consult with tax professionals to ensure compliance with local tax laws.

Pay close attention to withdrawal limits

When searching for the best no deposit bonus Forex in Indonesia, it's vital to look for hidden catches in the offer. Many brokers provide seemingly great bonuses, but requirements that might surprise you often come with conditions like high trading volumes or long holding periods. Pay close attention to withdrawal limits and fees that could prevent you from accessing your funds. Always choose brokers who offer straightforward, clear terms and ensure you won’t encounter unexpected barriers when trying to withdraw your profits.

A key aspect to consider is the quality of reliable, fast support. In Indonesia, not all brokers are known for their consistent support. Look for brokers who are willing to help you when you need it, especially during the bonus redemption process. The best brokers offer 24/7 support in your local language, giving you peace of mind as you build your trading portfolio.

Methodology for compiling our ratings of Forex brokers

Traders Union applies a rigorous methodology to evaluate brokers using over 100 quantitative and qualitative criteria. Multiple parameters are given individual scores that feed into an overall rating.

Key aspects of the assessment include:

Regulation and safety. Brokers are evaluated based on the level/reputation of licenses and regulations they operate under.
User reviews. Client reviews and feedback are analyzed to determine customer satisfaction levels. Reviews are fact-checked and verified.
Trading instruments. Brokers are evaluated on the range of assets offered, as well as the breadth and depth of available markets.
Fees and commissions. All trading fees and commissions are analyzed comprehensively to determine overall costs for clients.
Trading platforms. Brokers are assessed based on the variety, quality, and features of platforms offered to clients.
Other factors like brand popularity, client support, and educational resources are also evaluated.

Find out more about the unique broker assessment methodology developed by Traders Union specialists.

Final thoughts

No deposit bonuses offer an excellent opportunity for traders in Indonesia to explore the Forex market without risking their own capital. These bonuses provide a risk-free way to test trading strategies, gain market experience, and even earn profits that can be withdrawn under certain conditions. However, it’s essential to choose brokers carefully by evaluating their terms and conditions, reputation, and regulatory compliance to avoid any potential pitfalls. By taking advantage of the best no deposit bonuses available, aspiring traders can take their first steps toward success in the Forex market with confidence and minimal financial risk.

FAQs

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.

Team that worked on the article

Alamin Morshed is a contributor at Traders Union. He specializes in writing articles for businesses that want to improve their Google search rankings to compete with their competition. With expertise in search engine optimization (SEO) and content marketing, he ensures his work is both informative and impactful.

Learn about our editorial policies

Chinmay Soni is a financial analyst with more than 5 years of experience in working with stocks, Forex, derivatives, and other assets. As a founder of a boutique research firm and an active researcher, he covers various industries and fields, providing insights backed by statistical data. He is also an educator in the field of finance and technology.

As an author for Traders Union, he contributes his deep analytical insights on various topics, taking into account various aspects.

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).