GemForex Bonuses and Promotions Overview
GemForex (founded 2010, New Zealand FSP-licensed since 2019) frequently runs a genuinely substantial ¥20,000 no-deposit signup bonus — one of the larger no-deposit offers covered in this series — available on its All-in-One account. As flagged above, this bonus comes from a broker with an unusual Japan-founded-but-overseas structure that operated unlicensed for its first nine years.
| Specification | Detail |
|---|---|
| No-Deposit Bonus | ¥20,000, frequently offered (All-in-One account only) |
| Claim Requirement | Full KYC document submission required despite instant account opening |
| Bonus Validity | 30 days from account opening |
| No-Deposit Withdrawal Fee | ¥4,500 if withdrawing without ever depositing |
The ¥20,000 No-Deposit Bonus, In Detail
GemForex’s ¥20,000 no-deposit signup bonus is restricted to the All-in-One account (the No-Spread account is excluded) and to genuinely new account holders — existing customers aren’t eligible. While account opening itself takes as little as 30 seconds with just a name and email, the bonus credit requires submitting identity verification documents (a photo ID, proof of address, and a selfie with ID) through the member portal, typically crediting within a few hours. The bonus must be claimed within 30 days of account opening, cannot itself be withdrawn, and readers who withdraw without ever depositing real funds face a ¥4,500 fee.
Trading Conditions
GemForex’s All-in-One account offers 1:1,000 leverage, spreads from 1.2 pips, and a very low ¥100 minimum deposit, alongside free copy trading and roughly 150 free EAs (both tiered by account balance). A ¥1,500 maintenance fee applies if no trades occur within a rolling 3-month window.
Pros and Cons for Bonus Hunters
| Pros | Cons |
|---|---|
| Genuinely substantial ¥20,000 no-deposit bonus, frequently offered | Bonus requires full KYC submission despite instant account opening |
| Free copy trading and ~150 free EAs available alongside the bonus | ¥4,500 fee applies if withdrawing without ever depositing |
| Very low ¥100 minimum deposit on the bonus-eligible account | Operated unlicensed for 9 years (2010-2019) before obtaining any license |
Is GemForex’s Bonus Worth It?
GemForex’s ¥20,000 no-deposit bonus is genuinely one of the larger offers of its kind, but claiming it requires full identity verification, and readers should weigh the offer against GemForex’s unusual Japan-founded-but-overseas structure and its nine years of unlicensed operation before its 2019 licensing.
FAQ
- Does GemForex offer a no-deposit bonus?
- Yes, ¥20,000, frequently offered on the All-in-One account, requiring KYC document submission to claim.
- Is GemForex regulated?
- GemForex holds a New Zealand FSP license (FSP564306), obtained in 2019 — it operated without any license for nine years before that.
- What happens if I withdraw without depositing?
- A ¥4,500 fee applies if you withdraw without ever having deposited real funds.


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