Headway $150 no deposit bonus XM deposit bonus up to $10,500 RoboForex 120% deposit bonus Valetax Diwali Gold contest — win up to 30 g gold FTUK prop challenge 30% off with MYFB30 JustMarkets up to 100 JUSD welcome rewards

Forex No Deposit Bonus, Deposit Bonus & Broker Guide

One page that collects the active forex promotions, trading contests, prop firm discount codes and broker conditions from across the FxDailyInfo network — and explains the rules that decide whether a bonus ever turns into withdrawable cash.

  • Lot targets and profit caps shown
  • Regulator listed on every offer
  • Contests, prop codes and brokers in one place
  • Free deposit bonus calculator
$150Largest no deposit bonus listed
120%Highest deposit bonus listed
$1Lowest minimum deposit
8Prop firm discount codes

Active Forex Bonuses This Week

Headline numbers are only half the story, so every card shows the minimum deposit, leverage and regulator next to the bonus. Filter by type, then read the broker's own terms before you sign up.

12Live offers
$150Top no deposit
120%Top deposit bonus
Showing 12 offers 11 no deposit 5 deposit Min deposit from $1
HOT
HW

Headway

No deposit
$150 free
Min deposit
$1
Leverage
up to 1:1000
Regulation
FSCA (South Africa)
Platforms
MT4, MT5
Extra
Headway Giftshop rewards
Paid as
7 daily missions
VT

Valetax

No depositDeposit
$30 + 30%
Min deposit
$1
Leverage
up to 1:2000
Regulation
FSC, SVG entity
Account
STP/ECN, MT4 & MT5
Profit cap
~$150 on the $30 bonus
Contest
Diwali Gold, until 31 Dec
JM

JustMarkets

No depositDeposit
$30 + 100%
Min deposit
$10
Leverage
up to 1:3000
Regulation
CySEC, FSA, FSC, FSCA
Account
STP/ECN/NDD
Spreads
from 0.01 pips
Platforms
MT4, MT5
JM

JustMarkets Rewards

Rewards
Up to 100 JUSD
Runs until
31 December 2026
Value
1 JUSD = $1
How it pays
Earned step by step through trading, not paid on day one
For
New JustMarkets clients
RF

RoboForex

No depositDeposit
$30 + 120%
Min deposit
$0–$10
Leverage
up to 1:2000
Regulation
FSC Belize
Founded
2009
Account
STP/ECN/MM
Platforms
MT4, MT5
FB

FBS

No depositDeposit
$140 Level Up
Min deposit
$5–$10
Leverage
up to 1:3000
Regulation
CySEC, ASIC, FSC
Deposit bonus
100%
Founded
2009
Platforms
MT4, MT5
TM

Tickmill

No deposit
$30 free
Platform
MT4
For
Eligible new clients
Regulators
FCA, CySEC, FSA, FSCA (group)
Payout
Profit becomes withdrawable after the trading target
MT

MTrading

No deposit
$100 free
Type
Welcome credit
Deposit
Not required
Verification
ID + proof of address
Key rule
Lot target before profit withdrawal
Tip
Read the full rulebook first
YW

YWO

No deposit
$100 free
For
Eligible new clients
Deposit
Not required
Steps
Register, verify, activate
Withdraw
Profit after volume target
Limit
One per person
TD

TD Markets

No deposit
100 ZARC
Amount
100 ZARC welcome credit
Also
$6 no deposit reward
Currency
ZAR-cent account
Expiry
No fixed end date listed
Best for
South African traders
FX

FXBITI

No deposit
$30 free
For
Verified new clients
Deposit
Not required
Use
Live-market trading without a deposit
Valid until
30 Dec 2030 (listed)
Limit
One per person
HOT
XM

XM

No depositDeposit
$30 + $10.5K
Min deposit
$5
Leverage
up to 1:1000
Regulation
CySEC, ASIC, FSC, DFSA
Eligible
Standard & Micro accounts

Before you claim: bonus amounts, eligible countries and lot targets change often. Treat every figure here as a starting point and confirm it on the broker's promotion page on the day you register.

Trading Contests & Special Events

Contests reward skill, not deposit size. Demo contests cost nothing; live contests use your own funds but usually pay bigger prizes.

7Active events
30 gTop gold prize
$0Demo entry
LiveDemoDrawPartnerLoyalty
Live contestRunning

Valetax Diwali Gold Contest

Trade XAUUSD during the festive season and win real 24-carat gold. Built for traders and partners in South Asia, including Bangladesh, India and Pakistan.

20 gGold for top traders
30 gGold for top partners
—Days left
Instrument
XAUUSD (gold)
Dates
2 Nov – 31 Dec 2026
Region
South Asia
Entry
Live Valetax account
Prize
24-carat gold
Platforms
MT4, MT5
See contest rules
Live contestRunning

Headway World Cup 2027

A football-themed live competition with a prize pool for the best-performing traders.

Entry
Live account
Ranking
Trading results
Warm-up
Major League demo
Platforms
MT4, MT5, app
Best for
Active day traders
Contest details
Demo contestNew

Headway Major League

Free demo competition, recently focused on synthetic instruments. Virtual funds, real prizes.

Entry
Free
Risk
None
Funds
Virtual demo balance
Markets
Synthetic instruments
Best for
Beginners
Join details
Live contestRunning

JustMarkets Grand Anniversary

Anniversary competition with a prize pool. Many rank by profit %, not dollar profit — check first.

Entry
Live account
Ranking
Per contest rules
Rules & prizes
Lucky drawOngoing

AUS GLOBAL Welcome Event

Prize draw for new clients. Set actions after sign-up earn entries into the draw.

For
New clients
Entries
Per completed action
Prizes
Per event rules
How the draw works
Partner contestOngoing

Headway Partner Contest

For IBs and affiliates. Prizes depend on the volume referred clients trade; CashBooster adds up to $3,000 a month.

For
IBs / affiliates
Ranking
Client trading volume
Boost
Up to $3,000/mo
Full guide
LoyaltyAlways on

Headway Giftshop & Dreamway

Every lot earns Giftshop points for gadgets and gifts. Dreamway makes selected traders' wishes real each month.

Earn
Points per lot
Dreamway
Monthly
How it works

How to win a trading contest

  1. Read the ranking rule. Profit % and dollar profit reward very different styles.
  2. Start with demo rounds. Headway, WeTrade and BlackBull run free weekly demos.
  3. Size positions sensibly. One oversized loss ends most contest runs early.
  4. Check prize withdrawal. Some prizes are paid as trading credit with a lot target.
Fine print decoded

Broker Bonus Deep Dive: Exact Rules

The four brokers traders ask about most, broken down to the numbers that matter: claim window, lot target, profit cap and which accounts qualify.

HW

Headway $150 No Deposit Bonus

7-day missionsFSCA 52108
$150No deposit
7 daysMission run
75%Deposit bonus

The $150 is not paid at once. It is earned through a 7-day mission campaign: each completed daily mission pays $15 (7 × $15 = $105) and extra platform tasks add up to $45.

DayMarket for the mission
Mon – TueForex
Wed – ThuStocks
FriGold & oil
Sat – SunCrypto / synthetic
  • Mission = open and close a trade of at least 0.01 lot with at least 3 points of price movement.
  • No deposit, no promo code. One bonus per person.
  • Deposits, transfers and leverage changes are blocked on the bonus account.
  • Withdrawal stage 1: a spin-the-reel feature unlocks part of the profit with no extra conditions within 7 days after the campaign.
  • Stage 2: the rest unlocks by trading real-account lots (earlier campaigns: $3 per lot).

Also: up to 75% deposit bonus on every deposit (full rate usually for new clients who fund soon after registering), Headway Giftshop points, Dreamway monthly promotion and regular demo contests. Accounts: Cent $1, Standard $10, Pro $100 (from 0.0 pips). Regulated by FSCA via JAROCEL PTY LTD, licence 52108.

VT

Valetax Bonus Rules

No depositDeposit
$30–$50No deposit
$1Min deposit
1:2000Max leverage
OfferDepositKey terms
$30 welcome$0Profit cap ~$150; about 3.5–5 lots in 14 days
$50 South Asia$0India, Pakistan, Bangladesh, Afghanistan; MT5; 5 lots in 14 days; withdraw $50–$150
100% depositFrom $50Bonus up to $200; valid 30 days; 1:500 on bonus account
30% depositFrom $11Separate volume rules

Valetax account types

AccountSpread fromBest for
Cent ($1 min)1.2 pipsMicro-lot practice
Standard1.2 pipsAll-round trading
ECN0.0 pipsScalping, EAs
PRO0.6 pipsZero commission, experienced
Booster2.0 pipsHighest rebates
Bonus2.0 pipsHolds the welcome bonus

Kingstown, SVG · STP/ECN · MT4/MT5 · leverage up to 1:2000 · 60+ currency pairs plus indices, metals, crypto and energies. Funding: Visa/Mastercard, Skrill, Neteller, Perfect Money, Bitcoin, Western Union and local banks.

Best for: South Asian traders starting small — the $1 Cent account and the $50 regional no deposit bonus make it one of the cheapest ways to test live trading.

XM

XM Bonus Structure

No depositTiered deposit
$30–$100No deposit
$10.5KMax deposit bonus
3Bonus tiers

No deposit bonus: $30 in most regions, $50 in some and $100 in selected markets. Claim within about 30 days of opening a real account. Not available in the UK or EEA.

Deposit tierBonusCap
First deposit100% (50% in some regions)$500
Later deposits50%$2,000
Further deposits20%$8,000
Total possible$10,500
  • Bonus eligible: Standard and Micro. Zero and Ultra Low accounts are usually excluded.
  • Withdrawing your own funds reduces bonus credit proportionally.
  • Arbitrage or hedging across linked accounts can void the bonus.
  • Bonuses run through XM Global (FSC Belize 000261/158); the CySEC (120/10) and ASIC (AFSL 443670) entities restrict them.
IF

InstaForex Bonuses

StartUp100% deposit
$3,500StartUp up to
100%Deposit match
1:1000Max leverage
  • StartUp bonus: listed up to $3,500 — $500 is the best-known version. Credited after registration, one per person.
  • No deposit bonus: $1,500; a top-up is needed before profit can be withdrawn.
  • New client bonus: $5+ in selected regions via quick in-app verification.
  • 100% deposit bonus: full rate historically up to about $2,000, lower tiers above. Standard and Cent accounts (USD/EUR); MT5 often excluded.
  • Cancelled if: you withdraw, equity drops below ~120% of the bonus, or no trade closes within ~30 days.
  • Note: 1 market lot = 10 InstaForex lots when counting volume.

InstaFinance Ltd, BVI FSC (SIBA/L/14/1082) · leverage up to 1:1000 · 400+ instruments incl. 200+ currency pairs · MT4, MT5, WebTrader, ForexCopy · 24/7 support.

Best for: traders who want a large starter credit to learn on, and copy traders using ForexCopy. Check the StartUp agreement for the exact lot rule before trading.

Bonuses by Country

Availability depends on which legal entity you sign up with. Here is how much choice traders get in each region.

Very high / High Medium Very low

South Asia

Bangladesh, India, Pakistan
Bonus availabilityVery high
  • No deposit up to $50 (Valetax)
  • Headway $150 missions
  • Diwali Gold contest

Use local payment methods in your own name

Malaysia & Indonesia

South-East Asia
Bonus availabilityHigh
  • No deposit & deposit bonuses
  • Country-specific promos
  • Demo contests

Check local regulator warning lists

Thailand, Vietnam, Philippines

South-East Asia
Bonus availabilityHigh
  • Welcome bonuses
  • Cashback / rebates
  • Demo contests

Read country exclusions in the small print

South Africa

FSCA market
Bonus availabilityMedium
  • FSCA-regulated offers
  • ZAR-cent accounts
  • TD Markets 100 ZARC

Verify the FSCA licence number

Middle East, Africa, LatAm

Global entities
Bonus availabilityHigh
  • Most global promotions
  • Deposit bonuses
  • Live contests

Confirm which entity serves your country

UK, EU, Australia

Tier-1 regulated
Bonus availabilityVery low
  • Few or no bonuses
  • Low-cost raw accounts
  • Demo contests only

Avoid offers asking you to go offshore

United States

CFTC / NFA
Bonus availabilityVery low
  • Almost none verified
  • Regulated US brokers only

Never use unregistered brokers

Not sure about your country?

3 quick checks
  1. Open the broker's bonus terms and find the excluded-countries list.
  2. See which legal entity your account opens under.
  3. Check that entity's licence on the regulator's register.
Read the FAQ

Deposit & Withdrawal Methods

How fast your money moves depends on the method. Speed bars compare the typical experience across brokers in this guide.

4Payment types
InstantCard & e-wallet deposits
< 1 dayFastest payouts

Bank cards

Visa · Mastercard
Deposit speed
Withdrawal speed
Fees
Usually free
Payout time
1–5 business days
VisaMastercard

E-wallets

Fastest payouts
Deposit speed
Withdrawal speed
Fees
Low / free
Payout time
Hours to 1 day
SkrillNetellerPerfect MoneyPayPal (some brokers)

Crypto

BTC · USDT
Deposit speed
Withdrawal speed
Fees
Network fee
Payout time
Minutes to hours
BTCUSDT TRC20USDT ERC20

Bank & local

Wire · local transfer
Deposit speed
Withdrawal speed
Fees
Bank charges
Payout time
1–5 business days
Bank wireLocal banksWestern Union
Same nameWithdrawals go to an account in your own name.
Same routeBrokers often return funds via the deposit method first.
KYC firstVerify ID and address before your first withdrawal.
Bonus impactWithdrawing can cancel an active bonus.

Forex Broker Comparison

Conditions compiled from broker profiles across our network. Maximum leverage depends on the account type and the legal entity you sign up with — offshore entities usually offer the highest figures.

16Brokers compared
12Regulators
$1Lowest deposit
Lowest minimum deposit$1Valetax · Headway · InstaForex · Exness
Highest leverage1:3000JustMarkets · FBS
Biggest no deposit$150Headway
Top trader votes36%JustMarkets
Oldest broker1990Hantec Markets
16 brokers
Forex broker comparison by regulation, minimum deposit, leverage, platforms, trader votes and bonus
BrokerRegulationMin depositMax leverageModelPlatformsTrader votesBonus
VT
Valetax Since 2023 · SVGLow-cost start
FSCSVG$11:2000STP/ECNMT4MT5
35%
$30 + 30%
HW
Headway Since 2023 · South AfricaBiggest no deposit
FSCA$11:1000ECN/STPMT4MT5
35%
$150 no deposit
JM
JustMarkets Since 2012 · SeychellesTop trader votes
FSACySECFSCAFSC$1–$101:3000STP/ECNMT4MT5
36%
$30 + 100%
RF
RoboForex Since 2009 · BelizeHighest deposit %
FSC Belize$101:2000STP/ECN/MMMT4MT5cTrader
35%
$30 + 120%
XM
XM Since 2009 · CyprusBiggest deposit bonus
CySECASICIFSCDFSA$51:1000Market makerMT4MT5
35%
$30 + $10.5K
IF
InstaForex Since 2007 · BVICopy trading
BVI FSCCySEC$11:1000STP/ECNMT4MT5Web
34%
StartUp + 100%
KC
KCM Trade Since 2016 · MauritiusAI mentor tools
FSC$1001:400ECN/STDMT4MT5
32%
No bonus
HM
Hantec Markets Since 1990 · UKLongest track record
FCAASICFSA-JapanFSC$1001:2000ECN/STPMT4MT5
30%
No bonus
OC
Octa Since 2011 · CyprusBeginners
CySECFSCAFSC$51:1000ECN/STDMT4MT5
20%
Periodic
AX
Axiory Since 2011 · BelizecTrader users
IFSCFSCFCA$101:777NDDMT4MT5cTrader
15%
No bonus
FB
FBS Since 2009 · BelizeHigh leverage
CySECASICIFSCFSCA$51:3000ECN/STDMT4MT5
13%
$140 Level Up
FT
FXTM Since 2011 · CyprusEducation
FCACySECFSCAFSC$101:500ECN/STD/MMMT4MT5
5%
No bonus
EX
Exness Since 2008 · CyprusInstant withdrawals
FCACySECFSA$1Very highECN/MMMT4MT5
5%
No bonus
HF
HFM Since 2010 · CyprusWide regulation
CySECFCADFSAFSCA$51:1000ECN/STDMT4MT5
4%
Periodic
FP
FP Markets Since 2005 · AustraliaRaw spreads
ASICCySEC$1001:500ECN/STPMT4MT5cTrader
4%
No bonus
TM
Tickmill Since 2014 · UKLow commissions
FCACySECFSCA$1001:500ECN/STDMT4MT5
3%
$30 welcome
RegulationBlue badges are tier-1 regulators (FCA, ASIC, CySEC). Always check which entity your account opens under.
Trader votesShare of "For" votes from AllForexRating visitors — opinion, not a safety guarantee.
LeverageMaximum figures usually apply to offshore entities and smaller account balances.

Prop Firm Discount Codes

A funded challenge is the other route to trading bigger without risking a large deposit. Pass the evaluation and the firm funds the account — use a code to cut the challenge fee.

8Prop firms
30%Biggest discount
$300KMax account
8–10%Typical profit target
5%Max daily loss
10%Max overall loss
80–100%Your profit split
FT
FTMO★ 4.9 / 5
19%OFF
$200KMax account
95%Profit split
Biggest discount
FU
FTUK★ 4.0 / 5
30%OFF
$100KMax account
80%Profit split
DN
DNA Funded★ 4.9 / 5
25%OFF
$250KMax account
100%Profit split
HP
Hola Prime★ 4.9 / 5
20%OFF
$300KMax account
95%Profit split
FN
FundedNext★ 5.0 / 5
10%OFF
$200KMax account
80%Profit split
GF
GFunded★ 5.0 / 5
10%OFF
$200KMax account
80%Profit split
FX
FXIFY★ 4.9 / 5
10%OFF
$200KMax account
80%Profit split
FP
FundingPips★ 4.8 / 5
5%OFF
$100KMax account
80%Profit split

Deposit Bonus Calculator

See what a deposit bonus really adds to your account and how much trading it takes to unlock. Pick a preset or enter the broker's numbers.

Most bonuses are margin credit — at many brokers losses come from your own deposit first, and withdrawing early can cancel the bonus.

Your trading equity $400
Your depositBonus credit
$200Bonus credited
2.0×Margin boost
100 lotsTo unlock in full
3.3Lots/day over 30 days

How Forex Bonuses Work: The Complete Guide

Brokers compete for new clients with five main kinds of promotion. They look similar in an advert but behave very differently once you start trading.

5Bonus types
8Payout rules
3Broker models

No deposit bonus

$10 – $150
Your money
None
Withdraw
Profit only, capped
Best for
Testing a broker

Deposit bonus

20% – 120%
Your money
Yes
Withdraw
Bonus after lot target
Best for
Extra margin

Rebate / cashback

$5 – $15 / lot
Your money
Yes
Withdraw
Usually real cash
Best for
High volume

Contest / draw

Cash, gold, gifts
Your money
Demo: none
Withdraw
Per contest rules
Best for
Skilled traders

Prop challenge

$10K – $300K
Your money
Challenge fee
Withdraw
80–100% of profit
Best for
Consistent traders

How to claim a forex bonus in 5 steps

  1. Pick the offer and read the termsEligible countries, account type and deadline.
  2. Open a live accountUse the promotion page so the bonus is attached.
  3. Verify your profilePhoto ID and proof of address; sometimes a phone check.
  4. Activate the bonusIn the client area, with a promo code if required.
  5. Trade the required lots in timeThen request your withdrawal.
Pro tipScreenshot the bonus terms on the day you register and track your lots in the client area — terms can change later, and the dashboard shows exactly how much volume is left.

Eight rules that decide whether you get paid

Lot requirementStandard lots before profit or bonus is released.
Profit capThe most you can withdraw from a no deposit bonus.
ExpiryCredit often vanishes after 30–60 days.
Strategy limitsScalping, hedging or arbitrage may be banned.
Withdrawal effectTaking out your own money can cancel the bonus.
Eligible accountRaw-spread and MT5 accounts are often excluded.
Country listMake sure your country is not excluded.
VerificationID and address must be approved before payout.

Regulators by protection level

Tier 1

FCA (UK) · ASIC (Australia) · CySEC (EU) · BaFin (Germany) · CFTC/NFA (USA)

Strongest protection
Tier 2

FSCA (South Africa) · DFSA (Dubai) · FSA (Japan)

Good protection
Offshore

FSA Seychelles · FSC Mauritius · FSC Belize · VFSC · SVG FSA

Light rules, most bonuses

Most bonuses come through offshore entities because tier-1 regulators restrict trading incentives. Keep larger balances with stronger regulation.

Red flags to avoid

  • A licence number you cannot find on the regulator's own register
  • A website domain that differs from the one the regulator lists
  • Repeated complaints about blocked or delayed withdrawals
  • Bonus terms that are hidden or changed after you sign up
  • "Account managers" pushing deposits or promising fixed monthly profit
  • Bonuses that sound too large for the deposit asked for
  • No company name, address or licence number in the footer

ECN vs STP vs Market Maker

ECNElectronic Communication Network
0.0–0.2pips + ~$6–7 / lot
How you pay
Raw spread + commission
Execution
Direct to liquidity providers
Suits
Scalpers & Expert Advisors
+ Tightest spreads– Commission per lot
STPStraight Through Processing
~0.8–1.5pips, no commission
How you pay
Spread with small mark-up
Execution
Passed straight through
Suits
Swing & day traders
+ Simple pricing– Wider than raw
Market makerDealing desk
~1.5–2.5pips, fixed or wider
How you pay
Fixed or wider spread
Execution
Broker is your counterparty
Suits
Beginners & small accounts
+ Predictable costs– Conflict of interest

About leverage: at 1:1000 a 0.1% price move equals your whole margin on that position. Risk no more than 1–2% of your balance per trade and use a stop-loss, bonus or no bonus.

Forex Glossary

Lot
Trade size. 1 standard lot = 100,000 units; 0.01 = micro lot.
Pip
Smallest usual price step, 0.0001 on most pairs.
Spread
Gap between buy and sell price — your entry cost.
Leverage
Borrowed exposure; 1:500 means $1 controls $500.
Margin
Money locked to keep a position open.
Swap
Overnight fee or credit for holding a position.
Drawdown
Drop from peak equity; key prop firm limit.
KYC
ID and address check needed before bonuses and withdrawals.
Equity
Balance plus or minus open trade profit and loss.
Stop-loss
Order that closes a trade at a set loss level.
Margin call
Warning when equity falls too close to used margin.
Lot target
Volume you must trade before a bonus or profit unlocks.
01No depositCan I withdraw money from a forex no deposit bonus?

The bonus credit itself stays with the broker. Profit made with it can usually be withdrawn after you verify your identity and complete the required trading volume within the time limit. Most brokers cap that profit, often between $50 and $500.

02DepositIs a 100% deposit bonus the same as doubling my money?

No. A deposit bonus is usually margin credit. It lets you hold larger positions or survive a deeper drawdown, but it cannot be withdrawn until you complete the lot requirement, and an early withdrawal of your own funds can cancel it.

03RegulationWhy can't traders in the EU, UK or Australia get most forex bonuses?

Regulators such as ESMA-member authorities, the FCA and ASIC restrict or ban trading incentives for retail clients. Most bonuses are therefore offered through a broker's offshore entity to clients in Asia, Africa, Latin America and the Middle East.

04BeginnersWhich is better for a beginner: a no deposit bonus or a demo contest?

Both carry no risk to your own money. A no deposit bonus lets you test real execution and the withdrawal process; a demo contest lets you practise under pressure and possibly win a cash prize. Many traders do both.

05Prop firmsAre prop firm discount codes worth using?

Yes, if you were going to buy a challenge anyway. A code only lowers the evaluation fee; it does not change the profit target, the daily loss limit or the maximum drawdown you must respect.

06HeadwayHow does the Headway $150 no deposit bonus work?

It is paid through a 7-day mission campaign: $15 for each daily mission (one trade of at least 0.01 lot with 3 points of movement) plus up to $45 for platform tasks. Part of the profit can be unlocked with a spin-the-reel feature; the rest unlocks by trading lots on a real account.

07XMHow much deposit bonus can I get from XM in total?

XM's typical structure is 100% on the first deposit up to $500, 50% on later deposits up to $2,000 and 20% on further deposits up to $8,000 — a combined maximum of $10,500. Only Standard and Micro accounts usually qualify.

08BangladeshCan traders in Bangladesh get a forex no deposit bonus?

Yes. Several offshore brokers accept clients from Bangladesh, including a reported Valetax $50 South Asia campaign and the Headway $150 bonus. Always complete verification with documents in your own name and confirm local payment methods before you start.

09DepositWhat cancels a deposit bonus?

The most common triggers are withdrawing funds before the lot target is met, equity falling close to the bonus amount, no trading activity within the activity period, and using banned strategies such as arbitrage or hedging between linked accounts.

10RegulationHow do I check that a forex broker is really regulated?

Copy the licence number and legal entity name from the broker's website footer, search them on the regulator's own public register, and confirm the website domain listed there matches the site you are using.