A trader is not required to do anything other than register in order to qualify for a no deposit bonus from Forex brokers who offer these promotions.
Forex no deposit bonuses give traders in Kenya access to operating cash, which they are allowed to withdraw from their account as profit made when trading the markets. In this article we explore the 5 best Forex no deposit bonuses in Kenya.
There are wealth of excellent Forex brokers available in Kenya, which offer additional types of promotions that are not strictly under the no deposit bonus umbrella, such as that featured in this AvaTrade review.
1. XM No Deposit Bonus
With XM Group’s $30 no deposit bonus for opening a live trading account, Kenyan traders can test the waters of the market risk-free.
XM Group has been around since 2009, making them an established and trustworthy foreign exchange (FX) and contracts for difference (CFD) broker in Kenya. This broker excels at both short- and long-term trading and investing due to its speedy execution and high-quality analytic tools.
2. MTrading No Deposit Bonus
If you want to give MTrading a try, you can get $30 in free trading capital with no strings attached.
When the bonus conditions are met, trading profits can be withdrawn. Traders who use this account also have protection from financial loss through negative balance protection.
There aren’t a ton of assets available at this broker, but the amazing features, like the copy trading service, more than make up for it.
3. Tickmill No Deposit Bonus
Tickmill provides a $30 no-deposit bonus to those who sign up for an account. This affords customers the opportunity to spread their exposure to the various financial markets without incurring any additional costs.
Tickmill also allows you to withdraw bonus funds earned through trading. Tickmill is an established STP broker with a solid trading platform for investors of all experience levels.
Tickmill’s support for MT5 opens up even more asset classes for experienced traders, and there are already numerous currency pairs available. Tickmill’s cutting-edge IT has set a new benchmark for the brokerage industry.
4. RoboForex No Deposit Bonus
New users who sign up for an account with RoboForex can receive a $30 no-deposit incentive to go toward the cost of testing out the platform and all the trading tools and resources it provides.
Trading platforms and tools offered by RoboForex span the gamut from the ubiquitous MetaTrader to the simpler cTrader and the firm’s own R Trader.
The broker has been successful in attracting customers from all over the world because to its adaptable trading conditions and high-quality trading proposition, which are suitable for traders of varying skill levels.
5. SuperForex No Deposit Bonus
SuperForex provides Kenyans a way to trade foreign currency without risking their own money. This is a great chance for people who are thinking about becoming customers of SuperForex to test out the company’s offerings without risking any of their own money.
SuperForex was founded in 2013 with the intention of bringing FX trading into the public. Although the broker’s headquarters are in Belize (Central America), they serve clients in more than 150 countries.
Kenyan traders have the opportunity to receive a $88 no-deposit bonus and a $99 deposit bonus.