A no deposit bonus in forex trading is a promotional offer provided by brokers to attract new clients. This bonus allows traders to start trading without investing their own money. Upon registration, the broker credits a small amount to the trader’s account, enabling them to trade and potentially profit without financial risk. It’s an excellent opportunity for beginners to explore the forex market and practice trading strategies. However, these bonuses often come with specific terms and conditions, such as withdrawal restrictions and minimum trading volumes, which traders should carefully review before participating.