The Best Forex Trading Brokers Who Offer No Deposit Bonuses:
|Broker||Bonus||Min Deposit||Payout||Review||Open Account|
|30$ Forex No Deposit Bonus, up to 50% Deposit Bonus, Free VPS, XM Loyalty Program, Contests with Big Prizes||5$||Review||Visit Broker|
|2,000$ No Deposit Bonus | up to 100% Deposit Bonus | Trading Contests||1$||Review||Visit Broker|
|2.021$ Forex No Deposit Bonus, Forex No Deposit Demo Account, 300% Deposit Deposit Bonus, CashBack up to 20$ / Lot, Free EasyBot, Trading Signals||1$||Review||Visit Broker|
The Benefits of Forex Trading
1. 24-Hour Market
Since the forex market is worldwide, trading is continuous as long as a market is open elsewhere. Trading starts when the markets are available in Australia on Sunday evening and ends after needs close in New York on Friday.
2. High Liquidity
Liquidity is the ability of an asset to be converted into cash quickly and without any price discount. For example, in Forex, we can move large amounts of money into and out of foreign currency with minimal price movement.
3. Low Transaction Cost Forex Trading
In Forex, the transaction cost is typically built into the price. It is called the spread. The spread is the difference between the buying and selling price.
4. Leverage Forex Trading
Forex Brokers allow traders to trade the Market using leverage. Leverage is the ability to sell more money on the Market than in the trader’s account. If you were to trade at 50:1 leverage, you could sell $50 on the Market for every $1 in your account. This means you could control a trade of $50,000 using only $1000 of capital. Leverage can go up to 2000:1!
5. Profit Potential from Rising and Falling Prices
The forex market has no restrictions for directional trading. If you think a currency pair will increase, you can buy it or go long. Similarly, you can sell it or go short if you think it could decrease in value.