HF Markets offers an exciting no deposit bonus of $50 for all eligible new clients, allowing them to trade risk-free in real markets. Find out more about it here.
Many brokerage companies offer promotional campaigns to set them apart from the crowd and attract the attention of new customers. They come in various forms and sizes, depending on the broker. If you're looking for a chance to trade risk-free in real market conditions, then you may want to check out HF Markets' $50 no deposit bonus.
Generally speaking, no deposit bonus is a form of trading bonus that's granted to new traders for registering with a certain broker. As such, you can get a $50 no deposit bonus simply by creating a new myHF account.
The bonus can be used for trading purposes, offering the opportunity to trade in a real environment without risking any funds. You can then withdraw the profits made in the bonus account after fulfilling the minimum volume requirements.
HF Markets' $50 No Deposit Bonus, a Chance to Trade Risk-Free
HF Markets, previously known as HotForex, is a fully regulated broker that was established in 2010. It offers a wide range of trading assets and account types for practically all kinds of traders. The broker also provides opportunities to make passive investments and allows traders to generate profits from forex bonuses.
The $50 no deposit bonus is one of the deals that the broker offers for new clients specifically. This way, they don't have to fund their account in order to start live trading. They can just use the $50 provided by the no deposit bonus as their initial balance, thus eliminating the risk of losing any real money.
To be eligible for this bonus, you must have opened a live trading account with the broker and must be at least 18 years old or of legal age in your country of residence. Each eligible client must accept and agree to the terms and conditions set by the broker to be able to enjoy the benefits of the bonus.
The campaign period runs from the 23rd of May 2016 onwards.
Where to Find the Information on the Official Broker Site?
- This information is reported per Jul 12 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 HF Markets homepage and try to find "Promotion" section on the menu, footer, etc, to ensure the availability and validity of this promotion.
Understanding the Terms and Conditions
Before you can benefit from the bonus, you must first understand and agree to the terms and conditions below:
- The bonus is only available to new clients who have just opened an HF Markets account. This means, if you already have an existing account in HF Markets before, you won't be able to sign up for the bonus.
- The bonus can be applied to one account per new client and per IP address, so you're not allowed to have multiple accounts or receive the bonus twice. This is to ensure fairness and prevent manipulation of the deal.
- The bonus is available for trading purposes and only forex may be traded. Also, note that trading the news and trading with Expert Advisors (EAs) are not permitted. Such action will result in the bonus being removed from your bonus account.
- You can use up to 1:100 leverage for your trades.
- There is a limited amount of bonus available for new clients, so when the maximum number of accounts has been reached, the broker won't accept any more applications.
- The bonus account is only active for 180 days. Once the period ends, the account will be archived. If you happen to have eligible profits after the period, you may transfer the profit to your wallet. If there is no eligible profit, both the bonus and the profit will be transferred to the company.
- If your bonus account is inactive (no deposits, withdrawals, or any trading activities) for more than 60 days, it shall be deactivated by the company without prior notice.
Keep in mind that if there is any indication of any form of fraud, arbitrage, abuse, or manipulation connected to a trading account, HF Markets has the right to suspend all trading accounts that the client has either permanently or temporarily, remove all previously credited bonuses from the client's account, and remove all transactions made using the account such as pending orders or any profits/losses earned.
How to Claim the $50 No Deposit Bonus
To claim the bonus, you simply need to visit HF Markets' official website and follow these steps:
- Register a new myHF account and fill in your personal information.
- Complete the KYC verification process by uploading the required documents.
- Once your account is approved, go to the "Available Bonuses" section and open a no deposit bonus account.
- Follow the instructions to receive the $50 bonus.
- All done! You're free to trade the bonus and aim to earn profits on the broker's trading platform.
Withdrawal Conditions
It is important to understand that the bonus itself cannot be withdrawn, but it's possible to withdraw the profit made from the bonus. However, before you can withdraw any profits, you must fulfill the trading volume requirement of 1.5 standard lots. You should also complete no less than 12 round turn trades.
Moreover, the minimum profit that can be withdrawn must be at least double the bonus amount received. So, you can withdraw a minimum profit amount of $100. Once the withdrawal request is submitted and approved, the eligible profit will be automatically transferred internally and available for use or withdrawal. The bonus account will be automatically closed after the withdrawal is successful.
Conclusion
It goes without saying that HF Markets' $50 no deposit bonus is a fantastic opportunity for beginners who want to dive into the real markets without having to make any deposits and risk their funds. Therefore, they can start trading risk-free and get to know the broker as well as test the platform. Additionally, traders can withdraw profits earned from trading with the bonus once the trading requirements are fulfilled.
HF Markets is a global Forex and Commodities broker that facilitates both retail and institutional clients. Previously known as HotForex in the brokerage industry, HFM has positioned itself as the forex broker of choice for traders worldwide through their various account types and trading tools. Furthermore, HF Markets allow scalpers and traders use Expert Advisors unrestricted.
5 Comments
Jul 12 2023
I've been looking at forex bonuses for a while now, but only this particular one got my attention. It sounds great, but I'm not sure if I have what it takes to make the most out of it. I mean, I've never made a real trade before, so I feel like I would waste the $50 bonus in a losing trade. Do you guys think I should practice trading before registering? If so, please recommend me some learning methods for beginners, thanksss
Jul 13 2023
Having the appropriate trading knowledge before entering the real live markets is extremely important indeed. It would be very helpful if you as a trader know when and how to use a forex bonus effectively in order to get the maximum profit out of it. However, this is simply not mandatory. After all, it's a risk-free trade. You can treat it as a practice field or you can trade like your life depends on it.
Anyway, if you want to learn how to trade, I suggest you check out forex articles or watch tutorial videos. Some brokers provide these features for free, so you can check them out. Alternatively, you can open a demo account and use it to practice your strategy. Once you're ready, open a live account and make use of the bonus.
Jul 12 2023
This sounds like a pretty sweet deal to me! As a beginner myself, I'm very intrigued. I think this option is way better than demo accounts because traders can enter the markets with REAL money and generate REAL profit as well. But before I register with the broker, I'd like to know if this type of campaign comes with any downside. Are there any conditions or limitations that I should be aware of? It would be great if someone could explain to me the pros and cons of this no deposit bonus deal. Thanks a lot
Jul 13 2023
Hey it's great to hear that you are interested in this bonus system. I think it's quite a good deal as well compared to some others that I had tried before. Anyway, like anything else, this campaign is not perfect so it does have some benefits as well as downsides. Let's start with the good stuff first:
Meanwhile, here is the downside:
Hope this helps!
Jul 14 2023
Hi there. I would like to add that no deposit bonus is usually very small (ranging from $10-100). While it may give you a little boost to start trading in the real world, but it may not be enough for a profitable trading strategy.
Nevertheless, it's still a bonus. I think what's more important is to choose the right broker. Many traders choose brokers based on the number of bonuses they offer and simply choose the highest. Of course, this is not the way to it, and most of the time, this is the reason why traders fail to cash out their bonuses.
We can't expect the broker to give us free money for simply making an account right? Of course there are conditions that must be met to withdraw and so on. For me, the most important thing is to ensure that the broker is legit. In this case, you're already in the right path because HF Markets is quite well-known and fully regulated, so it's more or less guaranteed to be a safe choice for beginners. Good luck