ForexChief offers a $100 no deposit bonus for eligible new clients in select countries. Here is how the offer works in 2026, including the claim steps, the 30-lot turnover rule and the withdrawal cap.
ForexChief, also known as xChief broker, offers a $100 no deposit bonus to new clients in select countries. A no deposit bonus lets you open a trading account and start trading without adding your own funds first, which makes it a low-cost way to see how the broker's platform and execution work in live market conditions. The offer comes with strict conditions, though, and those conditions matter more than the headline amount. This guide explains how to claim the bonus, how the turnover and withdrawal rules work, and what to watch for before you start.
The $100 no deposit bonus is a promotional credit that ForexChief makes available to eligible new clients. It is tied to a trading account rather than being cash you can simply take out. In practice, the bonus lets you trade with a $100 credit and try out your strategy, but you cannot withdraw the credit until you meet the broker's conditions.
The offer is available only in limited countries, so eligibility depends on where you live. It is also managed through the xChief mobile trading app, which means the claim process, verification and progress tracking all happen inside the app rather than on a desktop platform.
Follow these steps to join the offer. Because eligibility rules can change, check each step against the broker's current information before you rely on it.
Once the bonus is added to your account, you can start trading and work toward the required turnover. You can track your progress in the bonus section of the app, so check it regularly to see how much volume you have left to complete.
The conditions attached to this bonus determine whether you can ever withdraw anything from it. Read these carefully before you trade:
The turnover rule and the withdrawal cap work together, and the combination can surprise traders who expect to keep their full balance. The example below is illustrative and uses the figures from the broker's stated terms:
If you complete 30 lots on EURUSD and your balance shows $250, you can only withdraw $100. The extra $150 will be removed from the account.
In other words, a good result does not translate into a larger withdrawal. Any balance above the $100 limit is not withdrawable under the bonus terms, so the potential upside from the bonus is capped even if your trading goes well.
| Term | What the rule says |
|---|---|
| Bonus amount | $100 no deposit bonus for eligible new clients |
| Eligible accounts | DirectFX or Classic+ |
| Turnover requirement | 30 lots, counted on both the open and close of each trade |
| Maximum withdrawal from bonus | $100 |
| Validity | One month from the day the bonus is received |
| Availability | Limited countries only |
Several conditions can end the bonus early or remove funds from your account, so treat these as part of the core terms rather than fine print:
The cancellation clause is the one many traders overlook. Profits made with bonus funds are not guaranteed, and the broker reserves the right to cancel them, so do not plan around the bonus as a reliable source of income.
A no deposit bonus can be useful for traders who want to test a platform, check how order execution feels on the mobile app, or practise a strategy with real money at risk only in the form of the bonus credit. It is less suitable for anyone who expects to withdraw meaningful profits, because the $100 cap and the 30-lot turnover requirement limit what you can take out.
Before you claim, estimate whether you can realistically reach 30 lots within one month. Turnover is counted on both sides of each trade, so the lot volume builds faster than many people expect. If you plan to trade smaller sizes, check how long it would take to reach the target before the validity period ends. Missing the deadline removes everything except your own deposits, which can be a costly surprise.
If you are comparing bonus offers across brokers, it helps to review the full terms of each one, including turnover rules, withdrawal caps and expiry periods. Our XM Group review and FBS Inc review are good starting points for seeing how other brokers are assessed.
Risk reminder: trading leveraged products such as forex and CFDs carries a high level of risk, and you can lose money quickly. Only trade with funds you can afford to lose, and make sure you understand the bonus terms before you start.
No. The offer is available only in limited countries, so you should contact ForexChief support to confirm eligibility for your location before you start.
You must reach a 30-lot turnover. Turnover is counted on both the opening and closing of each trade, so volume builds faster than many traders expect.
No. The maximum amount you can withdraw from this bonus is $100, and any balance above that is removed from the account.
The bonus is valid for one month from the day you receive it. If the turnover is not completed in that period, all funds except your own deposits are removed.
No. Only one welcome bonus is allowed per client, device or IP address.