A forex no deposit bonus is an enticing offer for new traders looking to explore the services of a trading platform without any initial investment. One such offer is presented by XChief, which provides a straightforward welcome bonus for new users.
Bonus Amount
The no deposit bonus offered by XChief is $100. This bonus is automatically credited to your account once your identity is successfully verified.
Eligibility
This bonus is specifically available for new traders who open an account with XChief. However, it’s important to note that residents of certain countries, including Bangladesh, India, Nigeria, and South Africa, among others, are not eligible for this promotion.
Requirements
To qualify for the welcome bonus, you must follow a few simple steps:
- Open a new trading account with XChief.
- Complete the verification process.
- Download and install the ForexChief mobile application to receive your bonus.
Withdrawal Conditions
There are specific conditions regarding the withdrawal of profits generated from the bonus:
- You must trade a total of 50 standard lots before you can withdraw any profits.
- The maximum amount you can withdraw from this bonus is capped at $100.
Expiry Date
The welcome no deposit bonus is valid until December 31, 2024, allowing new traders ample time to take advantage of this offer.
Additional Information
The bonus allows for the use of various trading strategies, including the use of trading robots (Expert Advisors or EAs) to facilitate trading. You will find detailed instructions and guidance in the form of a video guide available on the platform.
Here’s a summary of the promotion’s details:
| Promotion Details | Information |
|---|---|
| Broker Name | XChief |
| Bonus Amount | 100 USD |
| Eligibility | New Traders |
| Promotion Validity Date | December 31, 2024 |
| Status | Active |
| Joining Link | Join Now |
This no deposit bonus is a convenient way for new traders to test their strategies and gain experience in the forex trading arena without any financial risk at the outset.
If you want in learning more about how Forex no deposit bonuses work, don’t forget to visit our No Deposit Bonus Forex page. We have gathered all the relevant information you need to know about claiming bonuses, the terms and conditions that you must follow, and how to increase your trading potential without any upfront costs.