A no deposit bonus is a forex broker's offer that lets traders start without putting in their own money. It’s a risk-free way to test trading platforms or strategies, as the broker provides a small amount of cash or credit to trade with. Bonuses like these attract new traders and often come with terms, such as minimum trading volumes or withdrawal limits. Always read the fine Forex Deposit Bonus, print to understand any restrictions. These offers can be a great starting point, but they’re not free money—you still need to trade wisely.