Calculate lots to withdraw a forex no deposit bonus
Find out how many lots you need to trade before withdrawing a forex no deposit bonus in 2027, and use the calculation to plan your trades.
How to Calculate the Lots You Need to Withdraw a Forex No Deposit Bonus in 2027 — Plus How to Filter Offers by Region and Platform
Quick Summary A forex no deposit bonus lets you keep the profit you make — but only after you trade a required number of standard lots within a deadline, usually 30 to 90 days, and only up to a profit cap that's often $50–$100. This 2027 guide shows you how to calculate exactly how many lots an offer requires, what that volume costs in spreads, and whether the payout is worth it. It then explains how to narrow down offers from xChief, Mitrade, XM, RoboForex, Tickmill and InstaForex by your location and by trading platform (MT4 or MT5).
The headline amount — $30, $50 or $100 — tells you very little about an offer's real value. Two numbers matter far more: how much trading you must do before withdrawing, and how much you're allowed to take out at the end.
Learn to calculate those, and you'll be able to compare any two no deposit bonuses in minutes.
Step 1: Understand What a "Lot" Is
| Lot Size | Units of Base Currency | Approx. Pip Value on EUR/USD |
|---|---|---|
| Standard lot (1.00) | 100,000 | ~$10 per pip |
| Mini lot (0.10) | 10,000 | ~$1 per pip |
| Micro lot (0.01) | 1,000 | ~$0.10 per pip |
Volume targets are almost always stated in standard lots. That means ten trades of 0.10 lots count as 1 lot in total, and a hundred trades of 0.01 lots also count as 1 lot.
Step 2: Find the Volume Rule in the Terms
Brokers express the volume requirement in one of two ways:
- A fixed target: for example, xChief's promotion page requires 30 lots within 30 days.
- A ratio to profit: for example, a set number of lots — anywhere from 1 to 5 — for every $10 of profit you want to withdraw.
Ratio-based rules scale with your success: the more profit you want to withdraw, the more you must trade.
Step 3: Calculate the Lots You Need
Formula for Ratio-Based Rules Required lots = (Profit you want to withdraw ÷ $10) × lots per $10 Example: to withdraw $50 at 2 lots per $10 → (50 ÷ 10) × 2 = 10 lots
| Profit to Withdraw | At 1 Lot per $10 | At 3 Lots per $10 | At 5 Lots per $10 |
|---|---|---|---|
| $30 | 3 lots | 9 lots | 15 lots |
| $50 | 5 lots | 15 lots | 25 lots |
| $100 | 10 lots | 30 lots | 50 lots |
Illustrative calculations. Check the exact ratio, eligible instruments and counting rules in each broker's terms.
Step 4: Estimate What That Volume Costs
Every lot you trade pays the spread (and sometimes a commission). That cost comes out of your bonus balance, so you need profitable trades to cover it.
Cost Formula (Illustrative) Spread cost ≈ lots × spread in pips × $10 (EUR/USD, standard lot)
| Lots Required | Cost at 1 Pip | Cost at 2 Pips |
|---|---|---|
| 3 lots | ~$30 | ~$60 |
| 10 lots | ~$100 | ~$200 |
| 30 lots | ~$300 | ~$600 |
Illustrative only. Spreads on bonus accounts are often wider than on standard accounts.
Step 5: Apply the Profit Cap and the Deadline
Two final limits decide what you actually receive:
- Profit cap: most no deposit accounts cap the payout at around $50–$100, however much profit you generate. xChief, for example, caps withdrawals at $100.
- Deadline: the volume must be completed within the expiry window — usually 30 to 90 days. Miss it, and the bonus and profit are typically cancelled.
Worked example
| Item | Value |
|---|---|
| Bonus credit | $30 |
| Volume rule | 2 lots per $10 withdrawn |
| Profit cap | $50 |
| Lots needed to withdraw $50 | (50 ÷ 10) × 2 = 10 lots |
| Deadline | 30 days → about 0.5 lots per trading day |
| Approx. spread cost at 1 pip | ~$100 |
Hypothetical offer for illustration.
In this example, you'd need roughly $150 of gross trading profit — $100 to cover spreads plus $50 to withdraw — starting from a $30 balance. It's possible, but it shows why the realistic goal of most no deposit bonuses is testing a broker rather than earning money.
Is the Offer Worth It? ✔ Lots required are achievable within the deadline with small positions ✔ Estimated spread cost is reasonable compared with the cap ✔ The profit cap justifies the time you'll spend If the cost is far bigger than the cap, treat the bonus purely as a free platform test.
Narrowing Down Offers by Location
Because tier-1 regulators strictly prohibit or heavily restrict trading incentives for retail clients, no deposit bonuses are generally available only to international clients outside the EU, UK and US. Even then, each broker sets its own country list.
| Your Region | What to Expect | Example |
|---|---|---|
| EU, UK, US | Generally not eligible | Tickmill's Welcome Account excludes US and EU residents |
| South & Southeast Asia | Many offers, but check exclusions | xChief excludes India, Indonesia, Malaysia, Pakistan and Vietnam |
| Africa | Many offers, but check exclusions | xChief also excludes Nigeria |
| Latin America, Middle East | Often eligible via international entities | Confirm on each promotion page |
xChief and Tickmill restrictions based on each broker's published terms; country lists change regularly.
- Open the bonus terms and search for "restricted" or "eligible countries".
- Check the entity that will hold your account and verify its licence.
- Confirm local payment methods for withdrawals — bank transfer, card or e-wallet.
- Ask support in writing if your country isn't clearly listed.
Narrowing Down Offers by Platform: MT4 vs MT5
No deposit bonuses are often tied to a specific account type, and that account may run on only one platform. Decide which platform you want to learn on, then check that the bonus supports it.
| Platform | Strengths | Good For |
|---|---|---|
| MT4 | Simple, widely supported, huge library of indicators and EAs | Forex-focused beginners |
| MT5 | More timeframes and order types, multi-asset, built-in economic calendar | Traders who want more tools and assets |
| Broker's own app | Simplified interface, often mobile-first | Complete beginners and task-based offers |
- Tickmill: the Welcome Account runs on MT4, and Expert Advisors aren't allowed.
- xChief: the bonus is claimed through the xChief mobile app.
- Mitrade: its task-based rewards are built around its own beginner-friendly platform.
- XM, RoboForex and InstaForex: check which platform the bonus account supports in your region before you register.
Quick Comparison of Popular 2027 Offers
| Broker | Approx. Bonus | Key Rule to Calculate |
|---|---|---|
| xChief | ~$100 | 30 lots in 30 days; $100 maximum withdrawal |
| Mitrade | ~$50–$100 | Task tiers — check which tasks unlock rewards |
| XM Group | ~$30–$50 | Standard lot requirements after verification |
| RoboForex | ~$30 | Standard volume requirements; check activation deposit |
| Tickmill | ~$30 | 60 days; $30–$100 profit transferable after a $100 Wallet deposit |
| InstaForex | ~$30 | Moderate volume requirements |
Frequently Asked Questions
How do I calculate the lots needed to withdraw?
If the rule is a ratio, divide the profit you want to withdraw by $10 and multiply by the lots required per $10. If it's a fixed target, such as 30 lots, that's the number you must reach.
Do micro lots count toward the volume target?
Usually yes — volume is totalled in standard lots, so 100 trades of 0.01 lots equal 1 lot. Check whether minimum trade durations or eligible instruments apply.
How long do I have to complete the volume?
Typically 30 to 90 days, depending on the broker.
Can I use MT5 with a no deposit bonus?
It depends on the broker and the bonus account. Some, like Tickmill's Welcome Account, run on MT4 only, so confirm the platform before you register.
Why isn't the bonus available in my country?
EU, UK and US regulators restrict trading incentives for retail clients, and brokers also exclude other countries under their own policies.
Final Thoughts
The real value of a no deposit bonus comes down to simple maths: lots required, the cost of trading them, the profit cap and the deadline. Work those out before you register, then filter offers by your country and your preferred platform.
Do that, and you'll pick a 2027 offer you can realistically complete — and use it for what it does best: testing a broker with zero upfront risk.
Risk Warning Trading forex and CFDs with leverage carries a high risk of losing money rapidly. No deposit bonuses are promotional, region-dependent and can change or end at any time. All calculations are illustrative. This article is for information only and is not financial advice. Always confirm current terms on the broker's official website.