How to Start Forex Without Using Your Own Money

steven evans By steven evans, 26th Jul 2013 | Follow this author | RSS Feed | Short URL http://nut.bz/3ns0iasv/
Posted in Wikinut>Money>Forex Trading

Do you know, you can start forex without using your own money. In this article I will talk about that. Just send me a message if you want to know more about it.

How to Start Forex Without Using Your Own Money

If you still learn about forex then there is no guarantee that you can always make money from market movement and there is a chance to losing your money in forex. Good news for forex trader because they can start forex without making any deposit. There are 3 ways to start forex without deposit, they can use welcome bonus from forex broker, they also can use promotional campaign like bonus posting, or they can also join forex contest to win real money and use it to deposit.

Using Welcome Bonus

Some of forex broker are giving free forex balance as welcome bonus for their new members. So if you are making new account with this kind of Forex Company then you will get free forex balance and you can use it to trade. Make sure you also read the rules about their welcome bonus campaign so you will understand about how their welcome bonus works, so you will not facing any problems when you want to withdraw the profit from using welcome bonus account. Normally the amount of welcome bonus is not big, however it still better than nothing, since you are not using your money to deposit in forex.

Bonus Posting Campaign

Some of forex Broker Company even will give you some bonus from posting in their forum. It will be time consuming when you need to posting in their forum but with this way, you don’t need to use your money to deposit. Usually they will send the bonus only once per month so it will be great idea to accumulate the bonus by posting in their forum regularly. Some of forex trader even can accumulate $200-$500 per month by posting in their forum so it’s not a bad idea to start forex with using this way.

Join Forex Trading Contest

If you are confident with your trading skills then you can also try to join forex contest. There is daily, weekly, and monthly contest, so you can participate in forex trading contest to get real money as the prize. Usually the prize from forex contest is big too. So participate in forex trading contest can be a great way to get money from forex and it will be a great place to test your trading skills at the same time, since you will fight against other forex traders in the contest.

Summary

If you are confident with your trading skills then you can also try to join forex contest. There is daily, weekly, and monthly contest, so you can participate in forex trading contest to get real money as the prize. Usually the prize from forex contest is big too. So participate in forex trading contest can be a great way to get money from forex and it will be a great place to test your trading skills at the same time, since you will fight against other forex traders in the contest.

Tags

Forex, Market, No Deposit, Trade, Trader, Trading, Trading Contest, Welcome Bonus

Meet the author

author avatar steven evans
just an ordinary man with an extra-ordinary mind.

If you need article writer then you can contact me :)

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Comments

author avatar Mike Robbers
26th Jul 2013 (#)

Interesting tips and advice on forex.

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author avatar Akib zaved
6th Aug 2014 (#)

Is there any person could suggest me which websites are providing forum posting bonus really.and i can trade by them.

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