Claim the $100 no deposit bonus and grow your Admirals account to start live trading without any risks. You can even withdraw the benefits if your trades make profits.
Diving into the world of online trading can be quite daunting at first, with many rookies facing significant losses due to lack of experience and strategy. The good news is that many brokers now offer innovative solutions to mitigate such risks, one of which is Admirals' No Deposit Bonus.
No deposit bonus is a pretty popular promotional campaign offered by forex brokers. It basically offers an opportunity for new clients to trade in a live environment and grow their accounts without having to make any deposits in advance. As such, the broker would pay for the first trades, giving them a great boost in their early journey.
Admirals Markets offers a $100 No Deposit Bonus program that allows you to trade in real markets without risking your own funds. All you need to do is create a new live account with the broker and apply for the bonus. You can then use the $100 credit for trading within 30 days after the date you applied for the campaign. If during the period your trades resulted in overall profit, you can withdraw the profit by trading the required notional value.
Now, in order to use the no deposit bonus correctly and avoid any problems, you need to understand the terms and conditions first. Let's find out all the details in the guide below.
Contents
Admirals' $100 No Deposit Bonus, How Does It Work?
In Admirals, the $100 No Deposit Bonus campaign is available to both new and existing clients who have never funded their live accounts before. As the name suggests, a $100 credit will be given to eligible clients without the need to make a deposit. The bonus can be used to trade in real markets, allowing you to get acquainted with live trading without worrying about capital losses.
To be eligible for the bonus, you must have registered and opened a live trading account with the broker. It is worth noting that this promotion is not available for residents or citizens of the UK or any EU member state. Aside from that, you also need to agree to the terms and conditions imposed by the broker.
Keep in mind that you can only receive the bonus once. Once received, you can immediately use the bonus to trade in real markets. Also, note that the bonus is available to trade within 30 days from the date you joined the campaign. If you fail to trade the bonus within the specified period, the bonus amount will be lost.
Where to Find the Information on the Official Broker Site?
- This information is reported per Jul 18 2023.
- We can not ensure if this offering is still available or remain the same in future.
- The broker announcement page may or may not exist anymore, You may explore Admirals homepage and try to find "Promotion" section on the menu, footer, etc, to ensure the availability and validity of this promotion.
Steps to Claim the Bonus
To claim the bonus, here are the simple steps that you should follow:
- If you're a new client, head over to Admirals' official webpage and sign up for a new account.
- Complete the KYC verification to verify your identity as well as your residency.
- Open your dashboard and click on the No Deposit Bonus banner.
- Choose one of the accounts that will be used as the bonus account. You can either choose the Trade.MT5, Trade.MT4, Zero.MT5, or Zero.MT4 account.
- The bonus will be reflected in the "Credit" field, located in the account's MetaTrader platform.
How to Withdraw the Bonus Profit
The bonus itself can only be used for trading, so it's not available for withdrawal. However, you can withdraw the profit earned from trading with the bonus funds.
All you need to do is open a separate live account, make a deposit, and trade the required notional value with your own funds depending on the amount of profits you earned from the bonus. The profit is shown in the "Balance" field of your Admirals MetaTrader.
If the profit amount is $300 or less, the notional value of the trades must be equal to $1,200,000 or more. If the profit amount is more than $300, the notional value of the trades must be equal to at least 4000 times the amount of the profits. Please note that only trades longer than 3 minutes are considered in notional value calculations.
For example, if the profit you made is $350, then you must fulfill the following trading requirements:
- For the $300, the notional value of the trades must be equal to $1,200,000
- For the remaining $50, the notional value must be equal to at least $50 x 4000 = $200,000
If during the bonus period your trades result in overall losses, then you won't be able to make any withdrawals. When this happens, all open positions will be closed automatically by the system and the account balance will be corrected to zero.
FAQs on Admirals' $100 No Deposit Bonus
- Is it possible to make a deposit and withdrawal from the bonus account?
No. Deposit, withdrawal, and internal transfers of real funds on your bonus account will be disabled until the bonus period ends. If you make any deposit to another live trading account while the bonus credit still exists in your account, the credit will be deducted from your account balance.
- Will positions opened before I applied for the bonus be considered for bonus calculations?
No. Only positions opened after applying for the bonus campaign be taken into consideration for bonus calculations. Besides, you won't be able to apply for the bonus in the first place because the campaign is only available to traders who have never made any deposit before.
Admiral Markets is a forex and CFD brokerage that has been operating since 2001 to provide smart financial answers for traders around the globe. Their main services revolve around 3 key activities: Learning, Trade, and investing. In doing so, they have many registered subsidiaries, including Admiral Markets UK Ltd, Admiral Markets Pty Ltd (Australia), Admiral Markets AS Jordan Ltd, Admiral Markets Cyprus Ltd, Admirals SA (Pty) Ltd (South Africa), and Aglobe Investments Ltd (Seychelles) for the worldwide market.
16 Comments
Jul 18 2023
Ah, I can totally see why Admirals is very popular right now and how it can attract so many new clients each day. Based on this article, the no deposit bonus system looks pretty straightforward, although I notice that the withdrawal conditions are not necessarily "convenient" for small traders. Well, but I think it's worth the effort! $100 is a good amount for a no deposit bonus you know. Most brokers only offer about $30-50.
That being said, I'm curious about the trading conditions of this bonus. Can I use any instrument on the platform, including forex, stocks, indices, etc? Are all strategies allowed?
Jul 19 2023
I agree with you. In fact, Admirals' no deposit bonus is one of the best deals out there. It's easy to get, easy to use, and the profit is withdrawable!! If you're smart, you can turn the free money into an even bigger pile of cash. And even if your plan doesn't work, you won't lose anything as you never put your own money in the first place. Now, regarding your questions. I believe there are no limitations as to what you can and can't trade using the bonus. Just make sure that the instrument is available on the platform. You can also use any strategy you want, so you can showcase your skills to the fullest. My advice is to treat the bonus as if it's your own money. This way, you will be more rational with your decision making and make profitable trades. Good luck!
Jul 18 2023
So, let's say I only manage to make a $10 profit over a 30-day period while trading with Admirals' $100 No Deposit Bonus. Can I keep trading with that amount, or is it too small to continue? I want to know what limitations and restrictions come with the bonus. Will I be able to withdraw the $10 profit, or do I need to meet specific trading volume targets? It's essential for me to understand if it's worth continuing with such a small profit and if there are any roadblocks in my way. Hope there is an explanation about that! Thank you!
Jul 20 2023
Alright, let's break it down! So, if you end up making just a $10 profit within 30 days while trading with Admirals' $100 No Deposit Bonus, the question is: can you keep trading with that amount or is it too small to continue? Great question! Now, here's the deal.
Now, whether or not it's worth continuing with such a small profit is a personal call. Consider your trading goals and expectations. While $10 might not seem like a huge sum, it's still a valuable learning experience. It allows you to practice risk management, fine-tune your trading strategy, and get a taste of live trading.
But hey, keep in mind that trading isn't just about the profits. It's about gaining experience and building your skills. So, even if the $10 profit seems small, the knowledge and insights you gain from actively trading with the bonus can be invaluable.
Jul 18 2023
Based on the article, I have some questions that hopefully you guys can help me. So, how can I make the most out of Admirals' $100 No Deposit Bonus without using my own money? I want to maximize the bonus and turn it into real money. What are the steps I should follow? How can I develop a solid trading strategy and practice without risking my own funds? What are some tips for managing risk and trading wisely with the bonus? Should I focus on specific markets or instruments? How long do I have to trade with the bonus? Can I withdraw the profits I make, and are there any requirements I need to meet? I want to make sure I approach this opportunity responsibly and make informed decisions. Any guidance or tips would be greatly appreciated!
Jul 19 2023
Hey there! You need to develop a solid trading strategy without risking your own funds in order to maximize the no deposit bonus in there. By the way, Admirals might provide educational resources or demo accounts. These tools allow you to practice different strategies and get a feel for the markets in a risk-free environment. It's a great way to build confidence and refine your skills. You can also start to make trading plan to make your trading more structural. You can read at here how to make trading plan : Planning Forex Trading: Why You Need Trading Plan And How To Make It
When it comes to managing risk and trading wisely with the bonus, remember to be cautious. Don't go all in on a single trade, and consider using proper risk management techniques like setting stop-loss orders to limit potential losses. Additionally, it's a good idea to focus on markets or instruments you're familiar with. This can help you make more informed trading decisions.
As for the trading timeframe, you typically have around 30 days to utilize the bonus. It's important to actively trade within this period to maximize your opportunities. Keep an eye on the clock and make the most of the time you have.
Jul 20 2023
Hey, let's be real here! While the Admirals' $100 No Deposit Bonus might sound like a golden ticket to turning it into real money without using your own cash, let's not get ahead of ourselves, especially if you're a beginner. In my opinion, it's almost impossible to achieve significant profits with such a limited bonus amount.
Learning forex trading takes time and effort. It's not something you can master overnight. So, don't expect to become a trading guru and turn that bonus into a fortune right away. Learning the ins and outs of forex requires patience, practice, and a solid understanding of market dynamics.
Managing risk is crucial, no doubt about it. But with a small bonus amount, it's like trying to catch a wave with a thimble. It's tough to make substantial gains when your starting capital is limited. Plus, the pressure of the 30-day trading timeframe can lead to impulsive decisions that might not be in your best interest.
In my experience, focusing solely on maximizing the bonus can distract you from the real essence of trading: conducting thorough market analysis, understanding trading psychology, and developing a disciplined approach. It's more important to build a strong foundation of knowledge and skills before chasing after quick bonus gains.
So, my advice to fellow beginners is to take it slow. Use demo accounts and educational resources to learn the ropes without risking your own money. Understand that trading forex is a journey that requires time and dedication. Don't rush into it with unrealistic expectations of turning a small bonus into a fortune overnight.
Jul 19 2023
I've heard so many good things about Admiral Markets (or Admirals now I guess), but I still don't know much about it. Thanks to this article, the no deposit bonus kinda hooked me in. What I want to know is if there's any age restriction to join the campaign. It is stated that the bonus allows traders to make trades free of risks, so it must be safe for beginners too, right? Also, is Admirals safe? I would like to know if a recommendation of account type for complete beginners, especially in terms of trading fees and leverage. Thanks you!
Jul 19 2023
Hey there. It's always nice to know young people are interested in trying live trading. I started my career as a trader back when I was 19 (now I'm 25), so I know all the struggles. Anyway, forex bonus campaigns like the one offered by Admirals are usually available to those who are 18 years old or above, or at least you're not considered a minor in your home country. I suggest you check the full terms and conditions to be sure, or simply reach out to their customer service via phone or live chat.
Jul 20 2023
Hi Tina, it seems that no one has answered your last question. Well, let me explain. I can assure you that Admirals is a safe broker. It operates under the watch of very strict watchdogs, such as FCA and ASIC, and has a good reputation in compliance too. Not only that, the broker also offers a number of safety measures like negative balance protection, keeping clients' funds in a segregated account, etc.
For me personally, I would recommend starting with a demo account first. Get familiar with the platform, try out different features and strategies, and test your limits. Once you feel more confidence, I'd say go for the Zero.MT4 account simply because of the extremely low spreads, although this means you'll get higher commissions in return. Also, it's MT4 because it's more beginner-friendly in my opinion. It may not have as much features as MT5, but it's definitely the best place to start your journey.
Aug 2 2023
Before claiming the Admiral Deposit Bonus, could you please explain why completing the KYC verification for residency is necessary? What specific information and documents do I need to provide during the KYC process, and how does it help prevent fraud and maintain the bonus offer's integrity? Are there any time limitations for completing the KYC verification, and what happens if I miss the deadline? In the event that my KYC verification for residency is unsuccessful or rejected, what steps should I take to resolve the issue and proceed with claiming the bonus? Additionally, how does the company ensure the security and confidentiality of the personal information I submit during the KYC verification process to reassure me that my data is safe? Lastly, I'd like to know if KYC verification is mandatory for all clients, including existing ones, or if it only applies to new clients seeking the Admiral Deposit Bonus. Your clarification on these aspects will help me understand the process better and provide a fair and secure environment for claiming the bonus.
Aug 3 2023
Hey there! So, when you're trying to claim those cool deposit bonuses or engage in financial transactions with companies, they usually request you to undergo this process called KYC verification for residency. It might sound a bit fancy, but it's just a way to verify if you are truly who you claim to be and live where you say you do. During this KYC process, they may require some personal information and documents, such as your ID and proof of address. It's all for the sake of security and to prevent any dubious activities, you know? Additionally, they have to adhere to regulations against money laundering and terrorism financing. Keep in mind that there could be a time limit to complete it, so it's better not to delay. Missing it might result in some issues or difficulties accessing specific services or bonuses. But don't worry, they'll ensure your information remains safe and confidential. Oh, and whether everyone has to go through it or just newcomers, that's determined by the company and what they're offering. So, there you have it – KYC verification in a nutshell!
Aug 4 2023
Let me break it down for you! Completing the KYC verification for residency is typically necessary when claiming deposit bonuses or engaging in financial transactions with companies to ensure the authenticity of the client's identity and residence. During the KYC process, clients are required to provide specific information and documents, such as government-issued identification and proof of residence. This helps companies maintain security and prevent fraudulent activities by verifying the legitimacy of their clients and complying with anti-money laundering (AML) and counter-terrorism financing (CTF) regulations. Time limitations for completing the KYC verification may vary depending on the company's policies, and failure to do so within the specified timeframe could result in or even the inability to access certain services or benefits. To protect clients' data, companies typically employ robust security measures to ensure the confidentiality and safety of the personal information collected during the KYC verification process. Whether the KYC verification is required for all clients or specifically targeted towards new clients depends on the company's policies and the type of financial transaction or promotion involved.
Read more: Is KYC Important in Forex Trading?
Aug 3 2023
Can clients switch to a different type of account after using Admirals' $100 No Deposit Bonus, or are they required to continue with the initial account type they signed up for? How does Admirals handle the account type transition for clients who may want to explore other options or upgrade their trading experience after utilizing the No Deposit Bonus? Are there any specific conditions or limitations regarding switching account types, such as minimum trading volume or timeframes for eligibility? Understanding the flexibility of account types post-No Deposit Bonus is essential for traders to make informed decisions about their future trading journey and ensure they can align their account with their evolving needs and trading strategies.
Aug 4 2023
While the $100 No Deposit Bonus program offered by Admirals may seem attractive to new traders, it's important to remember that such bonuses often come with certain limitations and conditions. It's not uncommon for brokers to impose restrictions on account switches after using the No Deposit Bonus. Traders might be required to maintain the initial account type they signed up for and may not have the flexibility to switch to a different account type, especially if they wish to explore other options like ECN or STP. Additionally, brokers may set minimum trading volumes or specific timeframes for eligibility for any account switches, which could limit traders' ability to adapt to their changing needs and trading styles. Therefore, traders should carefully review the terms and conditions of the No Deposit Bonus program to understand the limitations and potential restrictions on account type transitions. While the bonus might provide a boost in the early journey, it's essential to consider the long-term implications and whether the lack of flexibility in account types aligns with their trading goals and strategies.
Read more: 4 Things You Need to Know about ECN Brokers
Sep 1 2023
i get no deposit bonus 100 dollar and the 30 days is left , i win 200 dollar but i cant withdraw or transfer the money !