MTrading $100 No-Deposit Welcome Bonus Complete Rulebook Before You Claim
A free $100 to trade with sounds simple. In practice, MTrading’s welcome bonus is a 14-day trading challenge with very clear rules: trade at least 20 lots, keep every trade honest, close everything on time, and you can walk away with up to $200 of real, withdrawable profit.
📑 Table of Contents
- MTrading $100 No-Deposit Welcome Bonus Complete Rulebook Before You Claim
- The MTrading $100 No-Deposit Welcome Bonus At a Glance
- What Exactly is MTrading $100 Bonus?
- How to Claim Step-by-Step (No Promo Code Needed)
- The 20-Lot Rule Decoded – The Hardest Part
- How Withdrawal Works – How to Get Real Money
- A Practical 14-Day Game Plan
- 5 Mistakes That Cost Traders The Bonus
- FAQ
- Final Verdict
Most traders who lose a $100 no-deposit bonus don’t lose it to the market. They lose it to the fine print. This guide turns every clause of the official terms into plain language.
The MTrading $100 No-Deposit Welcome Bonus At a Glance
| Feature | What it means for you |
|---|---|
| Bonus Type | No-deposit balance bonus of 100 USD |
| Who Can Claim | New, fully verified clients opening a live M.Premium account |
| Validity | 14 calendar days from the day it is credited |
| Trading Target | Minimum 20 lots of valid trades |
| Withdrawable Profit | Minimum $50, maximum $200 |
| Bonus Itself | Never withdrawable; removed when period ends |
| Max Leverage | 1:1000 on bonus account |
| Unlocking Withdrawals | A minimum real deposit is required |
| Progress Tracking | Live progress bar in Trader’s Room |
What Exactly is MTrading $100 Bonus?
It is a true no-deposit balance bonus: MTrading credits $100 trading capital to a brand-new client without asking for any money upfront. You trade with it like normal balance, but you can never withdraw the $100 itself. What you can keep is the realized profit you generate.
The promotion is run by ServiceComsvg LLC, registered in Saint Vincent and the Grenadines. MTrading has been active since 2012 and says it serves over 1 million users.

Who Can Claim?
This is strictly for newcomers. You qualify only if:
- You are a new client: You have never had a Trader’s Room or live account with MTrading before.
- You are fully verified: Confirmed mobile number, confirmed email, and passport scan uploaded. MTrading can ask for extra documents.
- You open a live M.Premium account: The bonus is tied ONLY to this account type. It needs only $10 minimum deposit normally, has no commission, and spreads from 1 pip.
- You live in an eligible country: Official T&C says Malaysia only (also listed for India on some promo pages), yet Malaysia also appears on MTrading’s restricted list in some regions. Check your dashboard – if you see the bonus, you are eligible.
- You are not an employee or family of an employee.
Each person can get it ONCE. Duplicate accounts detected via IP will be blocked and profits voided.
M.Premium Account Specs
- Minimum Deposit: $10
- Spread: From 1 pip
- Commission: None
- Instruments: 28 forex pairs, 2 metals, 3 energies, 7 indices, 70+ stock CFDs, 6 synthetic indices
- Platforms: MT4, MT5, iOS/Android
- Max open + pending orders: 200
- Stop out: 20%
- EAs: Allowed (but must follow valid trade rules)
While bonus is active, leverage is capped at 1:1000 (normally up to 1:8888).
How to Claim Step-by-Step (No Promo Code Needed)
- Register on MTrading via official link. A trading account number is generated.
- Verify Phone & Email from inside Trader’s Room.
- Upload Passport – clear scan, name must match registration. False info = all profits void.
- Open live M.Premium account from your dashboard.
- Watch for Credit – When all verified, $100 lands automatically and the 14-day clock starts THAT DAY.
- Track Progress – Open the bonus progress bar. It shows lots required vs traded and remaining time.
Pro Tip: Screenshot the exact date/time it is credited. Everything including closing trades is counted from that moment.
The 20-Lot Rule Decoded – The Hardest Part
To unlock profit you must trade at least 20 lots within 14 days. 1 lot = 100,000 USD volume, so 20 lots = $2 Million notional volume. Leverage makes it reachable, but only VALID trades count.
What Counts as a Valid Trade?
A trade counts ONLY if it is a full round-turn (opened and closed) and passes all 3 tests:
| Test | Requirement |
|---|---|
| Holding Time | Open for at least 3 minutes 00 seconds |
| Price Movement | Profit or Loss > 3 pips |
| No Hedging | Not a hedged trade |
How MTrading measures 3 pips:
- 5-digit forex (EURUSD): 0.00010 = 1 pip. Example: 1.32451 to 1.32491 = 4 pips = VALID
- 3-digit forex (USDJPY): 0.010 = 1 pip
- Spot metals (Gold): 0.01 = 1 pip. Gold moving 0.05 = 5 pips
- Indices: 1.0 index point = 1 pip
When is a Trade Considered Hedged (and Invalid)?
All 3 must happen together:
- Reverse position opened within 15 minutes of original
- Volume differs by no more than 20%
- Reverse closed within 15 minutes before/after original closes
Hedging across your own MTrading accounts OR with another broker is also classed as abuse, not just uncounted – it voids everything.
The Maths Most Traders Skip
- Margin Limit: At 1:1000 leverage, 1 standard lot EURUSD needs ∼$110 margin, more than the entire bonus. Practical size is 0.1 to 0.3 lots.
- Trade Count: At 0.1 lot per trade, you need ∼200 valid trades in 14 days = ∼14 per day. At 0.2 lots = ∼100 trades = ∼7 per day.
- Spread Cost: M.Premium spread starts from 1 pip = ∼$10 per standard lot on EURUSD. 20 lots = at least ∼$200 in spread cost, double the bonus itself. Your trades must beat that.

How Withdrawal Works – How to Get Real Money
- Only realized profit counts. Floating open profit does not.
- Floor and Ceiling: Need at least $50 profit to withdraw anything. Max you can take is $200. Profit above $200 is not paid.
- Deposit Unlocks Payout: Before profit becomes withdrawable you MUST make a minimum real deposit. Amount depends on payment method (Skrill, Neteller, USDT via CoinsBuy/KuCoin Pay, bKash, Nagad, Rocket, FPX, Touch ‘n Go, GrabPay, UPI, bank etc).
- Close Early: All positions MUST be closed at least 1 hour before expiry. Anything still open is closed by MTrading, and profit/loss from forced closure belongs to company, not you.
- Payout is Automatic: Once conditions met, bonus is deducted and profit moves to wallet.
- Day 14 is Hard Stop: When period ends, bonus and unclaimed profit are removed.
Rules That Cancel Everything
- Providing false/incorrect registration details
- Opening more than one account
- Hedging internally or externally
- Exploiting price feed errors/delays
- Any fraudulent activity
Other conditions: Cannot join MTrading investment service (no copy trading as master/subscriber), No IB commissions on bonus trades, MTrading can change/cancel promo anytime, management decision is final.
A Practical 14-Day Game Plan
| Phase | Days | Focus | Lot Goal |
|---|---|---|---|
| Warm-up | 1-2 | Test spreads on 0.05-0.1 lots | 2 lots |
| Build | 3-7 | Steady 0.1-0.2 lot on 2 liquid pairs | 10 lots |
| Push | 8-12 | Keep pace, size up only if in profit | 18 lots |
| Secure | 13-14 | Finish last lots early, close well before cut-off | 20+ lots |
Habits that work:
- Stick to EURUSD, GBPUSD – tightest spreads
- Hold EVERY trade past 3:05 minutes
- Aim for >5 pips to be safe
- Always use stop-loss. One bad trade wipes $100.
- Log lots daily vs dashboard
5 Mistakes That Cost Traders The Bonus
- Scalping in seconds (<3 min)
- Opening opposite positions to lock profit (hedging)
- Leaving trades open into last hour
- Over-leveraging day one
- Forgetting the deposit step – profit stays locked
FAQ
Is it really free? Yes to receive. A deposit is only needed later to unlock withdrawal.
Can I withdraw the $100? No. Only $50-$200 profit.
How long? 14 calendar days from credit.
How many lots? At least 20 lots valid trades.
Can existing clients claim? No.
Can I use EAs? Yes, but must meet 3-min, 3-pip, no-hedging rules.
Is money protected? MTrading is member of Financial Commission with €20,000 compensation fund, execution certified by VerifyMyTrade, and offers negative balance protection.
Final Verdict
The MTrading $100 bonus is genuine for experiencing live trading without risking own money first. Its rules are transparent with a live progress bar – better than many shady bonuses.
It is also demanding. 20 lots in 14 days, strict valid trade definition, $200 cap, and required deposit mean it suits active disciplined traders, not casual beginners.
Risk Warning: Forex/CFD trading on margin carries high risk and may not suit every investor. You can lose more than invested. Bonus terms change anytime – always check latest official terms. Not financial advice.