Given that Forex is a market where currencies are traded, a question how to make money at forex with no investments seems quite naive.
Many of those who are aware of what Forex is about and who are familiar with the market operations assume that it is not possible to earn any profit without prior investment of a certain amount of money, and preferably this amount has to be as big as possible.
At the same time, many traders who had tried to explore this market looking forward to big profits, have not only spent their deposits, but lost their trust in forex at all. They don’t believe that business in which you have to invest your own money can turn out to be a good job. This makes sense, but Forex is not a job; it is a risky business. It can earn profits - but, let’s be realistic, it doesn’t suit everyone. At present there are still some brokers who give an opportunity of earning in forex without any investment, and this is no scam but a real opportunity of gaining extra money.
There is a number of ways to earn at Forex with no investments.
The first way is an affiliate program.
That is, you earn if you attract new clients to a broker company. You bring a new trader, he starts operations, and what you earn is percentage of the spread. The amount can be as big as 30%. At that it does not matter if the trader brought by you has performed only red-ink operations or mad profit. Trader’s strategy, volumes or time of trading make no difference; the only fact that matters here is that the trader has performed real deals. Usually brokerages offer interest rates, sometimes it can be a fixed sum, but interest rates bring you bigger earnings. This option is for active individuals having good reputation and influence, say, on the forums. It is unpredictable if people might want to become referrals, but it is worth trying.
The second way is contests.
Here, again with no investments of your own money, you can see which contests are being held by broker companies on the web. There are lots of people who want to get to know what is forex trading and to try their hand in it, but at that they do not want to spend their own money. What are these contests about? It’s all very simple: you just have to open a forex demo account and to try to earn as much as possible, at least more than other contest participants do. The one who “trades” best of all, gets a real money reward.
The third way is forex bonuses. This is also a good solution, which works as follows. Some brokerage firms open not a demo, but a real money account with some small bonus money on it. It can be as little as $5. This money cannot be withdrawn; it can only be used for trading. As soon as trading volume reaches a certain level, it is might be possible to withdraw the earnings, but not the bonus. For example, your bonus is $20, and in trading you’ve earned $25. Hence, you will have $45 in your account, out of which you can only withdraw $25 that you’ve earned.
It was yet not too long ago that a question “How to make money in Forex with no investments” appeared somewhat strange, but these days it turns out to be quite sound. It depends on you if you try just one no-deposit way, try all the three or just don’t get into it at all.
However, even if you don’t risk your own money, may Lady Luck smile on you!