A No Deposit Bonus in Forex is a promotional offer provided by brokers that allows traders to start trading without having to deposit their own funds. This incentive typically involves a small amount of bonus money credited to a trader's account, enabling them to explore the trading platform and test strategies risk-free. While it presents an excellent opportunity for beginners to gain experience, traders should be aware of the terms and conditions, such as withdrawal restrictions and trading volume requirements, that often accompany these bonuses.