Updated: July 2026
A no-deposit bonus is trading capital that a broker or trading platform credits to your account without any deposit on your side. You sign up, receive an amount (usually $10–$100), trade it on live market quotes and — after meeting the conditions — withdraw the profit. You never invest your own money; the only thing you risk is your time.
Free money never comes unconditionally: every bonus has a work-off requirement — a minimum trading volume you must complete before profit becomes withdrawable. Volume is counted in lots (a standard forex lot is 100,000 units of currency). Platforms typically also require:
The classic: sign up and get funds on your account. The fairest format for a beginner — you can try the platform, the market and yourself without investing a cent. This is exactly what Praxdeus offers — $100 credited right after registration: trade currencies, gold, oil and indices, then withdraw profit to USDT or PayPal after the work-off.
Separate campaigns: enter a code — get an extra bonus or better terms. Codes are distributed on platform social channels, by partners and bloggers. In the Praxdeus app you can enter a promo code at registration or later in your profile — promo bonuses queue up and are worked off one by one.
You trade on demo, but the prize pool is real: the most profitable traders of the week/month get money on a live account. Upside — zero risk; downside — only winners get paid, not every participant.
A refund of part of the spread or commission on every trade. Strictly speaking it isn't "no-deposit" — you trade your own funds — but combined with a welcome bonus, cashback can bring your trading costs close to zero.
Money for invited friends: a friend signs up and trades — you get a bonus. Works when you already like the platform enough to recommend it.
| Work-off volume | how many lots you must trade and how a lot is counted; a few lots per $100 of bonus is reasonable |
|---|---|
| Trade qualification threshold | the price move required for a trade to count; it's a good sign when thresholds are published openly — like the Praxdeus threshold table |
| Time limit and activity | how long you have and how often you must trade so the bonus doesn't expire |
| Payout cap | the maximum withdrawal from the bonus; "no cap" almost always hides restrictions elsewhere |
| Verification | what documents are required before withdrawal; KYC before withdrawal is normal, KYC before trading is an extra barrier |
| Payout methods | where they actually pay: crypto (USDT), PayPal, cards, wallets |
A no-deposit bonus is not "free $100 to your card" — it is a chance to earn starting capital by trading, risking nothing. Leveraged trading is volatile: you can lose the bonus too — a normal part of learning that costs you nothing on a no-deposit account. Treat it as platform-sponsored practice on a real market with a chance to keep the profit.
Want to try right now?
Praxdeus credits $100 for signing up — no deposit, with openly
published work-off thresholds and withdrawals to USDT or PayPal.