Salma Markets $10 No Deposit Bonus: Terms and Rules

The Salma Markets $10 no deposit bonus gives eligible new clients a $10 trading credit on MetaTrader 5 without requiring a deposit of their own money. The credit is not cash and cannot be withdrawn directly. Any profit you want to take out is subject to strict conditions, including a minimum profit target, a minimum trading volume, a position holding rule and a $20 maximum withdrawal. This guide explains how the offer works, who can claim it, and what you need to do before requesting a payout.

How the Salma Markets $10 No Deposit Bonus Works

After you open and verify an eligible MetaTrader 5 account, Salma Markets credits $10 to the account as non-withdrawable, non-transferable trading credit. The terms call this amount the "Trading Credit" or "Credit." You can use it for eligible trading on MT5, but the credit itself never leaves the account as money.

The promotion is sometimes referred to by its account name, the MT5 Free $10 NDB (Pro) Account, or simply the "$10 Free Account." These names refer to the same offer. Saracen Inc offers the promotion, and the terms refer to it as the "Company."

Because no deposit is required, the offer lets you test the platform and the broker's execution without committing your own funds. That does not make the activity risk-free. Profits generated with the credit only become withdrawable once you satisfy every requirement listed below, and any losses on trades you open are absorbed within the account's conditions.

Who Is Eligible for the $10 No Deposit Bonus?

The terms set out several eligibility conditions that you should check before opening an account:

• You must be a new client who opens a new account and receives approval from the Company.
• The promotion is available only to new, verified account holders who reside in Malaysia.
• The IP address used during registration must match your registered country. The Company may reject or disqualify registrations made from an IP address in another country.
• You must be at least 18 years old.
• Citizens and residents of the United States cannot take part.
• Salma Markets employees, service providers, associates and their family members are not eligible.
• Each person and household may receive only one $10 no deposit bonus.

The terms also prohibit registering with the details of a family member, acquaintance or company, including their name, IP address, email address, phone number, physical address or utility bill. If the Company suspects that someone used another person's details or created multiple registrations to obtain the bonus, it may remove the Trading Credit without prior notice. Make sure every detail you submit belongs to you.

Withdrawal Requirements and Limits

Before you can request a withdrawal of profits earned with the Trading Credit, you must complete account verification and meet all of the following conditions. The table below summarises the main rules from the terms.

The Company may reject any withdrawal request that does not meet these conditions and may remove the $10 Trading Credit. It also reviews profits earned with the credit and has the final decision on trade eligibility and profit validity.

Understanding the $20 Profit Target and the $20 Cap

The two $20 figures are easy to confuse, so it helps to read them separately. The $20 minimum profit is the threshold your account must reach from trading with the credit before a withdrawal is possible. The $20 maximum withdrawal is the ceiling on what you can take out under the promotion. In practice, a qualifying account can withdraw up to $20 even if the credit has grown beyond that amount. Any profit above the cap is not payable under these terms.

Timing and Inactivity Rules

Two points are easy to overlook. First, the credit expires 90 days after it is issued. Second, if the account remains inactive for 30 days or more during that period, the Company may remove the Trading Credit. If the account reaches Stop Out, the credit is treated as used and removed, and the promotion ends.

Which Trades Count Toward the Requirements?

According to the terms, only Forex and commodity trades count toward the promotion, subject to the Company's assessment of eligible trading activity. Volume created through abusive or artificial activity does not count. The terms give examples such as quickly opening and closing positions, limiting exposure to price movements, or repeatedly placing trades without taking genuine market risk.

If you plan to trade toward the 5-lot requirement, keep a clear log of each trade, including the instrument, its size and how long it stayed open. This makes it easier to show that your activity reflects normal trading if the Company reviews your account.

Prohibited Trading Activity to Avoid

The terms list several types of prohibited activity. Traders who simply trade normally are unlikely to run into these issues, but it helps to understand what the Company considers abusive:

• Quote stuffing: placing and cancelling large numbers of orders in a short period to create artificial activity or overload systems.
• Sniping: trading on stale, delayed or outdated prices, especially during low liquidity.
• Price manipulation: trying to influence an instrument's price through coordinated trades, misleading information or other deceptive conduct.
• Swap abuse: opening or closing positions around rollover to obtain favourable swaps in a way that does not reflect normal trading.
• Churning: placing excessive trades without a legitimate reason.
• Platform abuse: using scripts, bots or other tools to interfere with the platform or bypass its limits.
• Collusion: coordinating with other clients or third parties to manipulate prices or results, including mirror and copy trading used for manipulation.
• Promotional or bonus abuse: trading mainly to meet promotional requirements, such as trade cycling or repeated low-risk trades.
• Trade cycling or volume farming: repeatedly opening and closing positions, including offsetting trades, with little market exposure.

If the Company identifies prohibited activity, it may cancel trades, change the account balance, suspend or end access to its services, close the account permanently or take legal action. A breach of the terms may also lead to cancellation of the credit and of any profits the Company considers improperly generated.

How to Claim the Salma Markets No Deposit Bonus

The claim process follows three broad steps:

1. Register an account. Create a new Salma Markets account and provide accurate personal information. Incomplete, false or fraudulent details can lead to disqualification.
2. Verify your identity. Upload electronic copies of the identification documents the Company requests. The account must be approved before you can access the promotion. The Company may also ask for additional documents at any stage, and failing to provide them can interrupt or end your participation.
3. Claim the bonus and trade. After approval, claim the offer through the MT5 Free $10 NDB (Pro) account and begin trading on MetaTrader 5.

The promotion cannot be combined with another promotion, and the Company may end it or change its terms at any time without notice. Check the current terms on the broker's website before you register, because the conditions described here reflect the material used to prepare this article.

Salma Markets Broker Overview

The following details are taken from the broker information provided with this article:

Leverage of up to 1:1000 magnifies both gains and losses. Before deciding whether a no deposit offer suits you, compare the full cost and conditions of any broker, including spreads, commissions, funding options and withdrawal rules. You can review other offers in our XM Group review or our FBS Inc review.

Key Takeaways

The Salma Markets $10 no deposit bonus is easy to access on paper, but the withdrawal conditions are demanding relative to the credit amount. To qualify for a payout, you need to be a verified new client in an eligible country, reach at least $20 in profit, trade at least 5 standard lots, keep positions open for at least 3 minutes and stay within the $20 withdrawal cap. Read the full terms before you start, and remember that trading carries a real risk of loss, even when you are not depositing your own money.

FAQ

Can I withdraw the $10 no deposit bonus directly?

No. The $10 is non-withdrawable trading credit. You can only request a withdrawal of eligible profits, up to a maximum of $20, after meeting all of the promotion's conditions.

Who is eligible for the Salma Markets no deposit bonus?

According to the terms, the offer is for new, verified account holders residing in Malaysia who are at least 18 years old. US citizens and residents are excluded, and only one bonus is allowed per person and household.

How many lots do I need to trade to withdraw?

You must trade at least 5 standard lots, and only Forex and commodity trades count toward this requirement. Volume produced through abusive or artificial activity is not counted.

How long does the $10 Trading Credit last?

The credit expires 90 days after it is issued. It may also be removed if the account stays inactive for 30 days or more during that period.

What happens if my account hits Stop Out?

If the account reaches Stop Out, the Trading Credit is treated as used and removed, and the promotion ends.