4 Best No-Deposit Bonus Forex Brokers in Rwanda
The 4 Best No Deposit Forex Brokers in Rwanda revealed. We tested and verified the best no-deposit forex brokers for Rwandan Traders.
This is a complete list of forex brokers with a no-deposit bonus in Rwanda.
In this in-depth guide you’ll learn:
- What is a No Deposit Bonus?
- 4 Best No-Deposit Bonus Forex Brokers in Rwanda comparison
- How to choose the Best No-Deposit Bonus Forex Brokers in Rwanda
- Frequently Asked Questions
10 Best Forex Brokers in Rwanda
Rank
Broker
Review
Regulators
Min Deposit
Official Site
- Kat Tipsaen
In this detailed guide, you will discover everything you need to know about finding the best no deposit bonus Forex brokers in Rwanda in 2025.
In our list of the 4 best no-deposit bonus brokers, we will highlight key features, bonus offers, and beginner-friendly benefits to help you choose the right platform. These brokers provide secure trading environments, user-friendly platforms, and attractive bonuses that can help you start trading Forex without risking your own money.
Best No Deposit Bonus Forex Brokers in Rwandan – Comparison
| 🔎 No Deposit Forex Brokers | 👉 Open Account | 💰 FREE Welcome Bonus Amount | 💳 Minimum Deposit to Qualify |
| 🎖️ XM | 👉 Open Account | $30 (credited upon new account registration) | $5 (after using bonus, to continue trading) |
| 🏅 Tickmill | 👉 Open Account | $30 Welcome Account | $100 Typically requires |
| 🥇 RoboForex | 👉 Open Account | $30 no-deposit bonus for new clients | $10 minimum deposit to open regular account |
| 🥈FBS | 👉 Open Account | Up to $140 Level-Up no-deposit bonus | $1 minimum deposit for account |
What is a No Deposit Bonus?
A no-deposit bonus in forex trading refers to a promotional offer provided by select brokers, allowing traders to receive a bonus amount without the need to make an initial deposit.
1. XM
 | Minimum Deposit: $5 Regulated by: FSC, CySEC, ASIC Leverage: Up to 1:1000 |
Overview
XM is a globally recognized broker that provides a safe and beginner-friendly trading environment. One of the standout features for new traders in Rwanda is their $30 no deposit bonus, which allows beginners to explore Forex trading without risking their own money. XM is regulated by top-tier authorities, including CySEC, ASIC, and FCA, ensuring a secure platform for trading.
Traders can access both MetaTrader 4 and MetaTrader 5 platforms, offering an intuitive interface for executing trades, analyzing charts, and managing accounts. The minimum deposit after using the bonus is only $5 (≈7,200 RWF), making it accessible for newcomers. Customer support is available 24/5 via live chat, phone, and email, assisting traders with account setup, platform guidance, and bonus conditions.
The no deposit bonus at XM is ideal for beginners looking to practice and gain confidence before committing real funds.
Unique Features
| Feature | Information |
| ⚖️ Regulation | FSC (Mauritius), CySEC, ASIC, FCA |
| ⚖️ CBN Regulation | No |
| ✔️ Accepts Rwanda Traders? | Yes |
| 💳 Minimum deposit (RWF) | $5 (~7,200 RWF) |
| 💸 Average spread from | From 0.6 pips |
| 📈 Maximum Leverage | Up to 1:1000 |
| 👥 Customer Support | 24/5 live chat, email, phone |
| 🚀Sign up | 👉 Open Account |
Pros and Cons
| 🟢 Pros | 🔴 Cons |
| Trusted global broker with multiple top-tier regulations. | Bonus profits require meeting trading conditions before withdrawal. |
| Low minimum deposit (~7,200 RWF) suitable for beginners. | Spreads slightly higher on standard accounts (~0.6 pips). |
| Offers a $30 no-deposit bonus for new traders. | Limited weekend support. |
| User-friendly platform with MetaTrader 4/5 support. | High leverage (1:1000) can increase risk for beginners. |
| 24/5 customer support with multiple contact options. | Certain promotions may be restricted depending on region. |
Frequently Asked Questions
Can Rwandan traders claim the XM no-deposit bonus?
Yes, traders in Rwanda can claim the $30 no-deposit bonus upon registering a new account. Profits earned can be withdrawn after meeting trading requirements.
What is the minimum deposit required after using the XM bonus?
After using the $30 no-deposit bonus, the minimum deposit to continue trading is approximately $5 (≈7,200 RWF).
2. Tickmill
 | Minimum Deposit: $100 Regulated by: CySEC, FCA, FSA, FSCA Leverage: Up to 1:500 |
Overview
Tickmill is a reputable broker known for tight spreads and fast execution speeds. They offer a $30 no deposit bonus to new traders, providing an excellent opportunity for beginners in Rwanda to start trading Forex risk-free. While the bonus allows practicing real trading, traders need to make a minimum deposit of $100 to withdraw any profits from the bonus.
Regulated by FCA, CySEC, and FSCA, Tickmill ensures a secure trading environment. It supports MetaTrader 4 and MT5 platforms and provides ultra-low spreads from 0.0 pips on Pro accounts, making it suitable for scalping and short-term strategies. Customer support is responsive during weekdays, helping beginners with account setup, trading guidance, and bonus activation.
To kickstart their trading journey, traders who open a trading account with Tickmill can receive a $30 No-Deposit welcome bonus. This allows traders to engage in trading across various financial markets using free trading funds, providing a safeguard for their initial capital.
Furthermore, Tickmill’s no deposit bonus is perfect for beginners seeking hands-on experience without risking personal capital.
Unique Features
| Feature | Information |
| ⚖️ Regulation | FCA, CySEC, Seychelles FSA, Labuan FSA, FSCA |
| ⚖️ CBN Regulation | No |
| ✔️ Accepts Rwanda Traders? | Yes |
| 💳 Minimum deposit (RWF) | $100 (~100,600 RWF) |
| 💸Average spread from | From 0.0 pips |
| 📈 Maximum Leverage | Up to 1:500 |
| 👥 Customer Support | 24/5 Support |
| 🚀Sign up | 👉 Open Account |
Pros and Cons
| 🟢 Pros | 🔴 Cons |
| Regulated by FCA, CySEC, and FSCA, ensuring safety. | Requires $100 deposit to withdraw profits from bonus. |
| Offers a $30 no-deposit bonus for beginners. | Limited range of account types compared to competitors. |
| Ultra-low spreads on Pro accounts (from 0.0 pips). | Customer support mainly during weekdays. |
| Fast execution speeds, ideal for scalping and short-term trading. | No local office presence in Rwanda. |
| Accepts Rwandan traders with full platform access. | High leverage (1:500) can lead to quick losses if mismanaged. |
Frequently Asked Questions
How much is Tickmill’s no-deposit bonus for beginners?
Tickmill offers a $30 no-deposit bonus to new traders, allowing them to practice real trading without an initial deposit.
Can I withdraw profits from Tickmill’s no-deposit bonus immediately?
No, you must make a minimum deposit of around $100 to transfer profits from the bonus to a live account.
3. RoboForex
 | Minimum Deposit: $10 Regulated by: FSC Leverage: Up to 1:200 |
Overview
RoboForex is a flexible broker offering a variety of account types and trading instruments suitable for beginners and advanced traders. It provides a $30 no deposit bonus to new clients in Rwanda, allowing them to practice trading real money without making an initial deposit. The broker supports both MetaTrader platforms and offers leverage up to 1:2000, giving traders ample flexibility.
The minimum deposit for live accounts is $10 (≈14,400 RWF), so beginners can continue trading affordably after using the bonus. Customer support is multilingual and responsive, providing guidance on account setup, platform navigation, and bonus conditions. Although RoboForex is not regulated by FCA or ASIC, it is considered reliable and offers robust risk management tools.
The no deposit bonus makes RoboForex a strong option for traders who want to gain confidence before investing their own funds.
Unique Features
| Feature | Information |
| ⚖️ Regulation | IFSC |
| ⚖️ CBN Regulation | No |
| ✔️ Accepts Rwanda Traders? | Yes |
| 💳 Minimum deposit (RWF) | $10 (~14,400 RWF) |
| 💸Average spread from | From 0.0 pips |
| 📈 Maximum Leverage | 1:2000 |
| 👥 Customer Support | 24/7 Responsive, multilingual |
| 🚀Sign up | 👉 Open Account |
Pros and Cons
| 🟢 Pros | 🔴 Cons |
| Very low minimum deposit (~14,400 RWF). | Regulation is less strict compared to FCA/CySEC brokers. |
| Offers $30 no-deposit bonus for new traders. | Spreads vary by account type; ECN accounts have commissions. |
| Extremely high leverage up to 1:2000. | Bonuses come with trading volume requirements before withdrawal. |
| Multiple account types to suit beginners and advanced traders. | No local office in Rwanda. |
| Responsive multilingual support and educational resources. | High leverage increases risk of account loss for beginners. |
Frequently Asked Questions
Does RoboForex accept traders from Rwanda for the no-deposit bonus?
Yes, Rwandan traders can claim the $30 no-deposit bonus when opening a new account and start practicing Forex trading immediately.
What is the minimum deposit for a RoboForex live account?
The minimum deposit is $10 (≈14,400 RWF), allowing beginners to continue trading after using the bonus.
4. FBS
 | Minimum Deposit: $5 Regulated by: CySEC, FSC, ASIC Leverage: Up to 1:3000 |
Overview
FBS is a popular broker among beginner traders, known for its generous bonuses and educational support. It offers up to $140 in a no deposit bonus through its Level-Up program, enabling beginners in Rwanda to practice Forex trading without risking their own capital. Profits from the bonus can be withdrawn after meeting trading volume requirements.
FBS is regulated by ASIC, CySEC, and FSC (Belize), providing a secure trading environment. It supports MetaTrader 4 and MetaTrader 5 platforms and offers high leverage up to 1:3000. The minimum deposit is very low (~7,200 RWF), allowing beginners to continue trading affordably. Customer support is multilingual and highly responsive, assisting traders with account setup, bonus activation, and technical issues.
The no deposit bonus from FBS is ideal for those who want to build skills and confidence before investing real money.
Unique Features
| Feature | Information |
| ⚖️ Regulation | ASIC, CySEC, FSC (Belize) |
| ⚖️ CBN Regulation | No |
| ✔️ Accepts Rwanda Traders? | Yes |
| 💳 Minimum deposit (RWF) | $5 (~7,200 RWF) |
| 💸Average spread from | From ~1 pip |
| 📈 Maximum Leverage | Up to 1:3000 |
| 👥 Customer Support | 24/7 Strong support, multilingual |
| 🚀Sign up | 👉 Open Account |
Pros and Cons
| 🟢 Pros | 🔴 Cons |
| High maximum leverage up to 1:3000. | Average spreads higher (~1 pip) compared to competitors. |
| Up to $140 no-deposit bonus via Level-Up program. | Bonus withdrawal requires trading certain volume conditions. |
| Very low minimum deposit (~7,200 RWF). | Some accounts may have deposit requirements for profit withdrawal. |
| Beginner-friendly platforms with MetaTrader 4/5. | Regulatory oversight is less stringent than FCA/ASIC brokers. |
| Strong multilingual support and educational resources. | No physical presence in Rwanda. |
Frequently Asked Questions
How much is the FBS no-deposit bonus?
FBS offers up to $140 through its Level-Up no-deposit bonus program, giving beginners a chance to earn without initial investment.
Can I withdraw the profits earned from FBS no-deposit bonus?
Yes, profits can be withdrawn after meeting the trading volume requirements specified in the Level-Up bonus program.
How to choose the Best No-Deposit Bonus Forex Broker in Rwanda?
Selecting the right Forex broker is crucial, especially for beginners who want to make the most of a no deposit bonus. Here are the key factors to consider when choosing a broker in Rwanda:
1. Regulations and Licenses
Always ensure your broker is properly regulated by reputable authorities, such as FCA, CySEC, ASIC, or other recognized regulators. A regulated broker ensures your funds are protected and trading is fair. While many brokers offer a no deposit bonus, it is safer to choose one that is fully licensed to avoid scams.
2. Account Features
Look at the account types offered, minimum deposit requirements, leverage options, and spreads. Brokers that provide flexible account features allow beginners to tailor their trading experience. For example, some brokers provide a low minimum deposit after using a no deposit bonus, which is ideal for practicing risk-free trading.
3. Payment Options
Check how easy it is to deposit and withdraw funds. Fast and secure payment options, including local bank transfers or e-wallets, make trading smoother. Also, verify the conditions for withdrawing profits earned from a no deposit bonus, as some brokers require a small deposit or minimum trading volume.
4. Range of Markets
A good broker should offer a variety of trading instruments, including Forex pairs, indices, commodities, and cryptocurrencies. A wide market range allows you to diversify your trading strategies, even when starting with a no deposit bonus.
5. Customer Support
Reliable customer support is essential, especially for beginners. Look for brokers that provide 24/5 support through live chat, email, or phone. Responsive support helps you quickly resolve issues related to account setup, platform use, or bonus activation.
6. Trading Platform
The trading platform should be user-friendly and stable. Popular options like MetaTrader 4 (MT4) or MetaTrader 5 (MT5) offer advanced charting tools, risk management features, and easy execution of trades. A good platform ensures you can make the most of your no deposit bonus while learning the market.
7. Education and Research
For beginners, brokers offering educational resources such as webinars, tutorials, and market analysis are invaluable. These resources help you understand trading strategies and manage risks while using a no deposit bonus to practice trading without financial pressure.
Avantages and Disadvantages of the Best No-Deposit Bonus Forex Brokers in Rwanda
| 🟢 Advantages | 🔴 Disadvantages |
| Allows beginners to start trading without risking personal funds. | Profits from the no-deposit bonus often require meeting trading volume conditions before withdrawal. |
| Provides hands-on experience with real market conditions. | Some brokers require a small deposit to withdraw profits from the bonus. |
| Helps traders test different platforms and account types. | High leverage offered by some brokers can increase risk for beginners. |
| Enables practice of trading strategies and risk management. | Bonuses and promotions may be restricted depending on your region. |
| Low minimum deposit requirements after using the bonus. | Limited market exposure if certain instruments aren’t available in the bonus account. |
| Access to educational resources and customer support while trading. | Some brokers’ regulation may be less strict, requiring careful selection. |
Conclusion
Choosing the right Forex broker in Rwanda is essential, especially when starting with a no deposit bonus. XM, Tickmill, RoboForex, and FBS offer safe platforms, flexible accounts, and educational resources for beginners. By considering regulations, trading conditions, and support, you can confidently practice Forex trading risk-free and build the skills needed to trade successfully with real funds in the future.
Frequently Asked Questions
What is a no deposit bonus in Forex trading?
A no deposit bonus is a free amount credited by a broker to a new account, allowing traders to practice trading without depositing their own money.
Can traders from Rwanda claim a no deposit bonus?
Yes, most international brokers, including XM, Tickmill, RoboForex, and FBS, accept Rwandan traders and offer no deposit bonuses.
Do I need to deposit money to receive a no deposit bonus?
No, a no deposit bonus is credited automatically upon account registration. However, some brokers may require a small deposit to withdraw profits.
Can I withdraw profits earned from a no deposit bonus?
Yes, profits can usually be withdrawn after fulfilling trading volume or deposit conditions specified by the broker.
Which brokers offer the highest no deposit bonus in Rwanda?
FBS offers up to $140 through its Level-Up program, while XM, Tickmill, and RoboForex provide $30 bonuses to beginners.
Are no deposit bonuses suitable for beginners?
Yes, they allow beginners to gain real trading experience, test strategies, and understand risk management without risking their own funds.
What is the minimum deposit after using a no deposit bonus?
Minimum deposits vary by broker: XM requires ~$5, RoboForex ~$10, Tickmill ~$100 to withdraw profits, and FBS ~$1 for continued trading.
Can I use a no deposit bonus on any trading platform?
Most brokers allow use of the bonus on MetaTrader 4 or 5. Always check broker-specific conditions for platform availability.
Are no deposit bonuses risky?
The bonus itself is risk-free, but trading with high leverage can result in losses if positions are not managed carefully.
How do I choose the best no deposit bonus broker in Rwanda?
Consider regulations, account features, deposits and withdrawals, trading platform, customer support, market range, and educational resources.
Addendum/Disclosure:
No matter how diligently we strive to maintain accuracy, all financial markets feature a volatile environment that may change at any time, even if the information supplied is correct at the time of going live.
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