Roboforex is one of the brokers that offer no deposit bonuses. The bonus is $30 now in 2024 but they’ve had various bonuses like this for several years. I know this because I’d got their bonus years ago. Obviously I couldn’t remember terms and conditions of the bonus because it was way back, so I decided to dig into that and review it and of course to see what you need to do to receive it.

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I normally take a quick peek at the whole picture to see what the offer is and when I did that for Roboforex no deposit bonus, I saw good and bad news!

The good news is the condition of withdrawing the bonus is awesome — actually, this is the best one I’ve seen so far.

Although like many other no deposit bonuses you can’t withdraw the bonus itself and only the profit gained from the bonus is withdrawable, there aren’t any conditions and limitations for withdrawing the profit.

Normally, you need to trade a specific number of lots to be allowed to withdraw the profit. Moreover, in most cases, there is a time period for that as well.

For example, you have to trade 10 lots within 2 months in order to withdraw the profit gained from the bonus otherwise, the bonus will be canceled, but Roboforex doesn’t have such limitations for the no deposit bonus it offers.

You can withdraw any profits you earned as soon as you have profits in your account.

It was interesting to see that because I’m pretty sure it wasn’t like that when I got their no deposit bonus and I had to trade some lots to take out the profit, so I asked their customer service to make sure I hadn’t missed something.

They have a 24/7 customer service and they are fast at answering (most of the time) via online chat so it took me a few seconds to figure out that was true and there’s no limitation on withdrawing the profit.

That’s a great advantage compared to the no deposit bonus of other brokers and makes Roboforex stands out from terms and conditions perspective. You have really free money to trade with no string attached.

There is just one thing that may be considered bad news:

You have to deposit $10 to be eligible for the bonus, but wait!

It’s not that bad because this $10 is only for verification and you can withdraw that whenever you want during your trading.

Now let’s look at the process of receiving the bonus and other terms and conditions.

Note: Roboforex can’t accept clients from the United States and Canada.

Terms and Conditions of Roboforex No Deposit Bonus

First thing first, it’s a welcome bonus which means you only receive that once. You can’t get that if you used that before.

Roboforex welcome bonus 30 is available for standard and cent accounts so when you want to open an account, you have to pick from one of those two types — I’ll explain that in the next section more.

The bonus is available for all countries except for Republic of Indonesia, and Islamic Republic of Pakistan — and of course the US and Canada residents who can’t open any accounts with Roboforex.

The maximum leverage for the no deposit account is 1:1000, which I think is more than enough.

We’ll talk about the verification process in the next section more but:

During the verification process you need to deposit $10 and the only methods for this transaction is through bank cards, however, there are some exceptions for some countries — see the next section.

Scalping and automated trading (EAs) are allowed.

How to Receive Roboforex No Deposit Bonus

The first step to receiving the no deposit bonus is to open an account here.

It’s a normal process of registration for opening an account where you should fill out a form using your personal information such as name, email, country, phone number, and address.

They have several types of accounts but no deposit is available, as I said in the previous section, for pro-standard and pro-cent MT4/MT5 so you have to open one of them — besides MT4 and MT5, Roboforex has other platforms but for no deposit bonus you need to choose either MT4 or MT5.

Then a member area will be created for you and inside that there’s a verification section (in the main menu → profile → verification) where you have to submit your documents to be verified.

There are 3 items that need to be verified.

• Identity
• Address
• Phone number

For your identity, you can submit your passport or any official ID cards such as Voting card, driving license, Residence permit, and etc.

For your address, you can submit documents such as Property deed, mortgage loans certificate, bill of sale, hypothecation, lease agreement, any types of utility bills and etc.

Your phone number will be verified through SMS. They send you a code and you should enter that in the confirmation part.

Then you need to deposit $10 into your account via one of these methods (there are some exceptions):

• China UnionPay
• Maestro
• MasterCard
• VISA cards

They have various payment methods such as electronic cards and e-wallets but for the verification of no deposit bonus, there are only above methods available in the terms and condition agreement, however, during the conversation I had with them via online chat, they mentioned there are some exceptions for certain countries.

Check the available payment methods here.

After passing the mentioned verification process, they send you an email containing a welcome bonus code and you need to do the following steps to activate your bonus:

1. Go to “Extras” section of your Members Area.
2. Enter the received code into the required field.
3. Choose the trading account where extra funds will be transferred to.
4. Read the conditions of the offer and tick the box if you agree.

The welcome or no deposit bonus will be deposited to your account within 5 days.

Note: after receiving the bonus code, you have 30 days to activate that otherwise it’ll be canceled.

You don’t have any time limitation for trading using the bonus. The 30-day period is for activating the bonus, not trading.

Types of Accounts for Roboforex No Deposit Bonus

Roboforex has 4 main types of accounts but you can choose two of them for trading using no deposit bonus, Pro standard, and Pro cent.

These are the features of those 2 types:

Roboforex Overview

Location: Belize

Foundation Year: 2009

Regulation: Belize FSC (Financial Services Commission)

Types of Accounts: STP and ECN

Spread: floating from zero in ECN and prime accounts and 1.3 for pro accounts

Minimum Account Size: $10

Payment Methods: Bank Wire, VISA, MasterCard, and more.

Available Countries: All excluding the USA and Canada

MAX Leverage: 1:2000

Trading Instruments: Forex, Indices, Commodities, Metals, CFDs

Trading Platform: MT5 and MT4 (Windows, iOS, Android, macOS, Web), R Trader

Automated trading (EAs): Allowed

Scalping: Allowed

The Bottom Line

Roboforex $30 no deposit bonus or welcome bonus is one of the best bonuses in terms of withdrawing conditions.

The reason I like it and I decided to write this review is because unlike many no deposit bonuses, this one not only doesn’t need any lot requirements but it also doesn’t have any restriction for time period and you can trade and make profits over that as much as possible.

Maybe the only downside of that is the $10 you need to deposit first in order for verification but we can ignore that since you can withdraw that at any time.

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The bonus is good for you:

If you’ve traded for a while on demo accounts and now you want to come out of the demo world and step into the real trading or live accounts. It’s a good opportunity to become familiar with different aspects of trading with real money.

If you have a very small amount of money but you think you have enough trading skills to grow small accounts. Now you are a few steps closer to your goal with this bonus.

If you have money for trading but you want to know brokers better and see their performances like spreads or market execution in the real accounts, not demos. This is a good situation where you can analyze this broker better using its own money.