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A broker with no deposit bonus offers traders the opportunity to start trading without having to invest their own money upfront. This incentive allows new clients to explore the trading platform, test strategies, and gain experience without financial risk. Typically, these bonuses come with specific terms and conditions, such as minimum trading volume requirements before withdrawals can be made. While no deposit bonuses can be a great way to enter the trading world, it's essential for traders to read the fine print and understand the limitations associated with these offers.