The $30 No Deposit Bonus from HF Markets could give you the opportunity to trade in the live account for free. Find out about all the benefits and how to get it in this article.
Numerous brokers offer promotional campaigns to attract new customers and grow its business. HF Markets is one of the leading brokerage firms which is often known to offer a variety of bonuses to its clients. If it's your first time trading with the company, you may want to look forward to its $30 No Deposit Bonus deal.
In HF Markets, you can get a free $30 welcome bonus simply by creating a live trading account with the broker. You can use the bonus amount to trade on the broker's platform and withdraw the profit afterward. No deposit bonus is a very convenient way to enjoy live trading without having to deposit and risk your own funds, further allowing you to build your confidence when trading in real financial markets.
While the idea of this bonus program is fairly simple, there are some terms and conditions that you must understand before applying. Here's a guide to help you get started.
Contents
Get to Know HF Markets' $30 No Deposit Bonus
HF Markets is a leading forex and CFD broker that has been around since 2010. The broker is regulated by several respected authorities such as CySEC of Cyprus and FCA of the UK, and currently operates in no less than 180 countries worldwide. Aside from trading services, HF Markets is also known for offering a bunch of great deals both for new and existing clients.
For clients who have never made a deposit before, HF Markets offers the $30 No Deposit Bonus to be used in real markets. This campaign runs from the 2nd of September 2019 onwards.
To get the bonus, each eligible client simply needs to open a live trading account with the company and agree to the terms and conditions. Note that the client must be at least 18 years old or must not be considered a minor in their country of residence.
It is worth mentioning that the $30 bonus can be used for trading purposes only. So, the bonus cannot be withdrawn. You can withdraw the profit earned from trading with the bonus instead. We'll talk more about this in the following sections.
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 HF Markets homepage and try to find "Promotion" section on the menu, footer, etc, to ensure the availability and validity of this promotion.
Terms and Conditions
- The campaign is available to both new and existing clients who have never made a deposit into any of their accounts before.
- The bonus can only be applied to one account per client and per IP address. In other words, each client can only receive the bonus once.
- The bonus account must be in USD currency.
- You can trade with the maximum leverage of 1:100.
- The campaign is not available for traders in the US. Please check the availability of the campaign in your country before proceeding.
- Trading the news and the use of Expert Advisors (EAs) are strictly prohibited. Such action will cause your bonus to be removed from your account.
- You can only trade forex, gold, and silver with the bonus amount.
- The bonus account is valid for 180 days only. On the day after the said period, any eligible profit will be transferred to the client's wallet. If there's no eligible profit, both the bonus and any profit will be transferred back to the company and the account will be archived.
- If the bonus account is inactive (no deposit and withdrawal, or any trading activity) for 60 days, the account shall be deactivated without prior notice.
Any form of violation against the terms and conditions above will result in the suspension of all trading accounts associated with the client either temporarily or permanently. HF Markets will also remove all the bonuses from the account and eliminate all transactions made using the account, including pending orders or any profits/losses earned.
How to Get the No Deposit Bonus
- Open a live trading account with HF Markets. Provide your personal details, including a primary mobile phone number.
- Log in to your account and access the Client Portal.
- Find the bonus section and claim the $30 No Deposit Bonus.
- Use the bonus amount to trade on the broker's platform.
Withdrawal Rules
As mentioned before, you can only submit a withdrawal request for the profit made from trading with the bonus, not the bonus itself. Even so, there are certain trading requirements that must be completed first, namely:
- Trade in the cumulative volume of 2 standard lots.
- Open and close at least 15 trades.
- Generate profits at least $60.
Please note that only closed trades that are longer than 1 minute are counted in the calculation. Once you met all the requirements, the eligible profit will be transferred internally to you and will be available immediately for use or cash withdrawal. The bonus account will be automatically closed after the withdrawal is successful.
Final Thoughts
HF Markets' $30 No Deposit Bonus is essentially free money that you can use to start your trading journey. It provides an opportunity to test the broker's platform and see how much you can earn in real markets. Bear in mind that the trades are completely free of risk, considering that you didn't put in any deposit at all. Therefore, you can gain valuable experience and trade without having to worry about getting losses.
HF Markets is an award-winning forex and commodities broker. Established since 2010, the company provides trading services and facilities to both retail and institutional clients. For more than 9 years in business, HF Markets has around 1,500,000 live accounts opened and 200 employees globally.
Based on its services, HF Markets can be regarded as middle-class category. Clients do not need to prepare a big deposit for joining to trade with this broker. Also, there are various account types, trading software, and tools to facilitate individuals and institutional customers to trade forex and CFD online.
HF Markets is a registered brand name of HF Markets (Europe). Based on the location, the company is regulated by various financial regulators. Here are the details:
- HF Markets (SV) Ltd, registered in St. Vincent & the Grenadine as an International Business Company with the registration number 22747 IBC 2015.
- HF Markets (Europe), authorized and regulated by the Cyprus Securities and Exchange Commission (CySEC) with Licence Number 183/12.
- HF Markets SA (PTY), is authorized and regulated as a Financial Service Provider (FSP) by the Financial Sector Conduct Authority (FSCA) in South Africa, under license number 46632.
- HF Markets (Seychelles), incorporated under the laws of the Republic of Seychelles with registration number 8419176-1, regulated by the Seychelles Financial Services Authority (FSA) under Securities Dealer Licence number SD015.
- HF Markets (DIFC) Ltd, authorized and regulated by the Dubai Financial Services Authority (DFSA) under license number F004885.
- HF Markets (UK) Ltd, authorized and regulated by the Financial Conduct Authority (FCA) under firm reference number 801701.
If traders have more experienced, knowledgeable, and sophisticated trading environment, they can join to become Professional Clients, who can manage and assess their own risks. For that reason, these kinds of clients are granted access to more favorable rates but afforded lesser regulatory protections than retail clients.
Trading with HF Markets can enable traders to access a variety of trading instruments like CFDs on Forex, Cryptocurrencies, spot metals (gold, silver, and others), energies (oil and gas), commodities (such as coffee, copper, and sugar), indices, bonds, and popular shares such as Google, Apple, and Facebook.
HF Markets offers some of the tightest spreads in the market, starting from 0 pips in Zero Account. This broker quote major foreign exchange currency pairs to five decimal places. Therefore, traders have the opportunity to get more accurate pricing and the best possible spreads.
HF Markets receives numerous highly prestigious titles, including the huge honor of being ed to join the ranks of the World Finance Top 100 Global Companies. Others are Best Client Funds Security Global by Global Brands Magazine, Best Global Forex Copy Trading Platform by Global Forex Awards 2019, Fastest Growing Forex Broker Mena 2019 by International Business Magazine, and many more.
After opening an account in HF Markets, traders will obtain various forex trading platforms to accommodate all of their trading demands. Whether traders like to trade on desktop or prefer to trade on-the-go, they can use MetaTrader 4 on desktop (terminal, multi-terminal, and web terminal) and phone (iPhone, iPad, and Android).
Clients' funds are held in segregated accounts. Only major banks are used by Markets because they believe that successful traders have to give their full attention to their trading rather than worrying about the safety of their funds.
Traders do not need to worry about transaction fees when depositing and withdrawing. Transaction fees are not charged, and diversity of payment methods enable them to choose between Wire Transfer, Bank Card, and online payments (Neteller, iDeal, Sofort Banking, and Skrill). HF Markets ensures that traders make fast transactions 24/5 during the standard hours.
Traders can earn extra income by joining the affiliate program offered by Markets. Clients who join this program will get some advantages, such as 60% of Net Spreads based on the volume traded by sub-clients, up to $15 per a lot of net revenue, and many more. More information about HF Markets can be obtained on their official website which is supported in 27 languages.
From the review above, it can be concluded that HF Markets is one of the award-winning forex and commodities brokers. There are various account types traders can choose in HF Markets, and the broker itself becomes a favorite among traders for its low spreads. This condition is very suitable for traders with limited funds and a desire to get more opportunities to gain maximum profit.
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 18 2023
As a trader, I think forex bonus programs are really appealing. The competition among brokers is getting fiercer each day, so it's practically a race to the bottom now, which is good for us of course. We get better and better promotions/rewards everyday. However, I'm also aware that brokerage firms would do anything to promote their services and attract new clients. That being said, we must be able to see the true intentions of these brokers and figure out which one actually offers a profitable deal. My question is: how do we do that? How does one separate the good deals from scams and frauds because they all seem legit to me.
Jul 18 2023
Good thinking. It is important indeed to be able to narrow down your options and choose brokerage firms that are actually reliable. In this case, there are several things that you can do, such as:
Jul 19 2023
I would like to add that the first thing that you need to do is ensure that the broker is fully regulated. Simply visit the broker's website and then don't forget to double check on the regulator's website. Once you know that the broker is legit, you can proceed to weigh the rest, including promotional offers. Choose a deal that suits your needs. If you can make money out of it, great. But remember that experience is also valuable in forex trading. Being able to trade in real markets FOR FREE is quite a reward on its own, you know. Use the opportunity to learn and improve your skills for your future trades.
Jul 18 2023
Generating profit from trading is far from easy, so I bet any trader in the market would be excited to participate in various bonus programs offered by brokers, especially if the deal involves cash bonus for trading. I think it's an effective marketing method for brokers to attract new clients because it allows traders to explore the markets without making a deposit, or at least not right away. I'm just curious though, is no deposit bonus a common thing in forex trading or is it exclusive to HF Markets? What's the difference between no deposit bonus and welcome bonus, and which one is better? Thank you for your help
Jul 19 2023
First of all, no deposit bonus is not exclusive to HF Markets only. In fact, it is probably the most popular promotional campaigns among brokers these days. Many brokerages offer this type of bonus, but obviously each comes with different conditions and rewards.
In general, I think no deposit bonus and welcome bonus is very similar. A welcome bonus is often referred to as introductory bonus which is given specifically to newly registered clients. The purpose is mainly to boost the client's early journey so that they can potentially grow their career faster. Meanwhile, no deposit bonus refers to the type of bonus that does not require the client to deposit to receive the bonus.
While the two terms are often used interchangeably, it doesn't mean that they're one and the same. The answer actually depends on the program's terms and conditions. For instance, some brokers may require new clients to do additional action like making the first deposit before giving the welcome bonus. In that case, the welcome bonus is not the same as no deposit bonus.