Traders Union name Best Forex Bonuses in Malaysia

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No deposit bonuses offered by Forex brokers do not require traders to fund their account. Brokers provide these funds for free. TU analysts have compiled a rating of the Best No Deposit Forex Bonuses in Malaysia.

A no deposit bonus is an amount credited to a trader’s bonus account without any action required. Usually, traders are awarded no deposit bonuses for simply signing up with a broker or taking some simple steps, for example account verification. Traders Union determined which of these bonuses are beneficial and which have restrictions or are subject to additional conditions for withdrawal, and compiled the list of the Best Forex Bonuses in Malaysia.

What benefits do Forex brokers offer traders?

With no deposit bonuses awarded by a broker, traders have an opportunity to earn real money in the Forex market. Traders Union experts explain features of no deposit bonuses and discuss possible pitfalls of these offers:

Pros of no deposit bonuses:

  • Traders can earn money in the Forex market without using their own money;
  • No risk of losing your own money;
  • Bonuses can be used to discover the broker’s platform and assets and instruments the company offers; 
  • Trading with bonuses helps novice traders gain experience of real trading. 

Cons:

  • Usually, this type of bonus cannot be withdrawn, only the profit earned by using it;
  • Brokers have additional conditions for withdrawal of this profit (trading volume or time limitations).

Brokers with the best no deposit welcome bonuses 

Upon analyzing all offers of Forex brokers in Malaysia, TU experts selected the best bonuses. These bonuses are offered during registration, and differ by amount and conditions:

  • Tickmill, $30 bonus;
  • RoboForex, $30 bonus;
  • HFM, $35 bonus;
  • InstaForex, $1,000 bonus;
  • FBS, $70-140 bonus.

The offer of the HFM brokerage company, which awards a $35 no deposit bonus for new clients, is quite popular among traders in Malaysia. The bonus is also available to residents of Singapore, South Korea, Brunei, Cambodia, Laos and Thailand. The broker also offers spreads from 0 pips and no deposit fee.

Disclaimer: This press release may contain forward-looking statements. Forward-looking statements describe future expectations, plans, results, or strategies (including product offerings, regulatory plans and business plans) and may change without notice. You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements.

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