No Deposit Binary Options Bonuses

No deposit binary options bonuses are trading bonuses given out to traders without a commitment from the trader to deposit money into a live account. A no-deposit binary options bonus requires no previous deposit into the binary options brokers trading account.

List of No Deposit Binary Options Brokers 2013:

$100 Free No Deposit Bonus777Binary.com currently offers new traders a $100 no deposit bonus. Several brokers now give out no-deposit binary options bonuses, albeit with different terms and conditions. Let us see which brokers do this and what conditions traders must satisfy to prevent abuse of the system, since brokers are now assuming a lot of risk by making this feature available for their traders.

No.1: Get a $100 No Deposit Bonus at 777Binary.com Now!

No.1: Get a $100 No Deposit Bonus at 777Binary.com Now!

$100 No Deposit Bonus at 777Binary.com!

No Deposit Bonus

60Options

60Options works with several affiliate partners to deliver the $100 no deposit bonus. Traders are required to generate 30 times the bonus amount in commissions before they can withdraw from their accounts. This makes the no-deposit binary options bonus from 60 Options not very favourable to traders.

BINOA

A no deposit binary options bonus worth 50 euros can be obtained from BINOA affiliates. Binoaffiliates.com is the site to go to. Sign up for an account there and get the 50 euros bonus credited to the trading account in a few days.

GTOptions

GTOptions offers a $100 no deposit bonus courtesy of their affiliate partners Intellitraders. Traders sign up for a trading account using the affiliate link and their accounts are credited in 2 days.

iOption

iOption pioneered the no-deposit bonus. Traders receive $100 when they sign up for a trading account from BinaryOptionsFree.com. A coupon code is then requested from the customer service desk of iOption via live chat facility and this code is used to claim the bonus in 48 hours.

Origin of No-Deposit Bonuses

Forex brokers were the first to introduce bonuses for financial trading. The concept was simple, and that was to use the bonuses as incentives to attract new investments into a brokerage account. New trade investments meant that the new commissions and spreads to be paid by these new traders would ultimately translate into improved revenue for the brokers. In other words, they were a marketing tool for brokers, and many traders fell for it.

These bonuses required prior deposits by traders, and they came with various terms and conditions that made it difficult for traders to make any withdrawals on profits made, since these were made with trading capital composed of a significant chunk of bonus money. It was not long before these deposit bonuses started to lose their appeal, and traders gradually got desensitized as every broker began to use them.

A new concept was then introduced by a few brokers such as GTOptions, iOptionPlus500 and a few others. The idea was to get traders to sign up for binary options accounts through affiliate partners, and these traders would have money deposited into their live accounts without any prior commitment in deposits. Thus no-deposit binary options were born.

 

Uses of No-deposit Binary Options Bonuses

Traders can use the no-deposit bonuses in two ways:

a)    As an advanced form of simulated trading

b)    Gradual capital appreciation

Advanced Simulated Trading

This involves using the no-deposit account to test the waters of live trading without risking any money. This is far better than any kind of virtual account trading where so much capital which the trader will not summon in a live account is loaded into the demo account, giving users a false sense of security and preparedness. By learning how to use small but real money in a live account, a lot of valuable experience in terms of risk management, trade conditions and technical/fundamental analysis will be picked up.

Gradual Capital Appreciation

A trader who respects the rules of money management and uses the no-deposit bonus wisely over a period of one year can turn $100 into something much more by the power of compound interest.  It requires an extremely low-risk approach to the trading process to succeed at this venture.

The no-deposit bonus is a useful tool for traders in the binary options market. Traders should try to maximize the benefits that are inherent in these bonuses.

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