FXOpen is offering 10 USD No Deposit Bonus which you can receive by just verifying your phone number without making any deposits.

The promotion has got great conditions because you can receive it for free without risking your own funds though, you may wonder if the 10 USD is an enough amount for start trading Forex.

As FXOpen offers the leverage up to 1:500 and allows traders to trade from 0.01 lot(which equals to 1,000 USD), yes it is possible for you to start trading Forex with FXOpen with only 10 USD.

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Margin Requirement is less than 10 USD

In case your account leverage is set to 1:500 and you have placed an order of 0.01 lot, the required margin would be around 2 – 3 dollars.

The margin requirement varies depending on the base currency of the Forex pairs you trade though, it is the approximate margin requirement for that trading volume with the leverage.

FXOpen’s No Deposit Bonuses are provided to push your back, and may not be suited for making profits for living.

If you deem FXOpen’s STP trading environment is fine, you may make a deposit and start trading Forex on your own pace.

You can find more information of the bonus from the below page.

FXOpen 10 USD No Deposit Bonus Promotion Details