Find the Best Forex Bonuses, best forex bonuses.

Best forex bonuses

The welcome forex bonus just like the no deposit bonus is given only to new customers.

Best forex bonuses

So, if you are an old and regular client of a broker, these bonuses are not options for you, but you can still, though use the deposit bonus only. The thing about the welcome bonus is that it attracts new clients by giving them chance to check the broker without risking a lot, but with a particular amount of money given by the broker. A welcome bonus, on the other hand, can be either a no deposit bonus, or an ordinary deposit bonus. It usually depends on the forex broker policy. You can and should rely on us, when you want to find the best forex brokers. We are here to offer you a full list of most well-known and tested platforms for trading along with the bonuses they offer. So better do not waste your time with the previous two methods, but use us and find out how to come upon on the most beneficial forex promotions ever!

Find the best forex bonuses

Global trading market is large enough to offer for every player anything he looks for! Though, with the growing of forex`s popularity, it becomes not so easy to know where to sign in and where to trade. Moreover – it becomes even harder to become aware of the websites, where the best forex bonuses are offered. And after all, forex bonuses are key elements in a platform and usually they are the main reasons for a trader to pick up a website, where to sign in. Probably, you know all of these, but what you do not know, though, is what the best forex bonus is, where to look for a good forex deposit bonus and where exactly the best forex bonuses are provided. The options you have to solve this issue are several. First of all, you can browse the web, read lots of reviews and even sign up in particular platforms to check out what they offer. But isn’t this a little bit hard, annoying and even risky? Don’t you have more tasks and activities on your mind and are able to go through this procedure just to succeed to find some good forex bonus types? Let`s face it – this option require free time, money to invest in order to test the brokers, as well as lots of nerves and energy! Why doing it so, when you have another – better and more practical – option! Rely on us! You can easily become our customer and find out the answers of these questions. And the best thing is that you can be our customer without paying, registering or doing anything else. Simply, visit our website on regular basis.

We will always provide you with hot and new information about best forex bonuses on the market offered by the top forex brokers. If a new broker appears in the web, we will immediately take it under consideration and give you brief, but key and important information about it. If we find out that a forex platform is about to release absolutely new and updated bonus system, you will be the first person to know it. And what is more important – we will always keep you up to date with the current promotions, special offers and discounts in every single – reputable, tested and trustworthy – forex website! All you need to do to get all of these is to become our customer. And to be more specific, since we do not have any obligation, fees, requirements for registering or any other customer duty for you, you are not becoming our client, but our friend! And together we will become one small community, who share the big passion to foreign currency exchange market! Be ready for us and be prepared for the best forex bonuses ever!

Our recommended forex brokers

Different types of forex bonuses

Before telling you where to look for the best promotions and special offers different brokers provide, you should better get aware of what a forex bonus actually is. A forex bonus is a regular promotion that is provided either to a new customer or to an existing and already registered customer on a website. These bonuses are given with no obligations for you like paying or doing anything specific. The only duty you have is to make an official registration in the website. On the other side, some of the bonuses require you to make deposits in your account. But, let`s check out the different bonus types. It could be easier for you to understand what exactly a bonus is, what the best forex bonuses are and how to work with them.

Forex deposit bonus

As you can probably guess, a forex deposit bonus is a bonus that is closely connected to the deposits you make. Usually, such a bonus is available for all the clients. The only condition is to make a deposit – either an initial, or a next one in the website. Of course, you cannot apply for such a bonus in case you are not registered on the website. Keep in mind that the forex deposit bonus us usually measured in %. So here is an example for you to have a slight idea about this type of a special promotion on a foreign currency exchange platform. Imagine you are provided with a 50% deposit bonus and you make a deposit of 100 $. When you make the transfer with one of the available payment methods, you will have not 100, but 150 $ in your account to trade with.

Forex no deposit bonus

Just like the previous type of a bonus, the forex no deposit bonus is also connected to the deposits you make. Though, here the thing is that the broker allows you not make any deposits and not risk any of your money, but still to have an option to trade on the website. In short, you are given money as a reward by the website to make your first trades on it. The forex no deposit bonus is claimed to be the best forex bonus type ever. And this is completely logical since you are not risking or investing anything, but you can still trade and even win. If you use the no deposit bonus and you lose, you do not actually lose anything and you do not owe anything to the broker. On the other side, if you do win, you will have your reward without paying to the broker for the provided money to trade with.

Welcome forex bonus

The welcome forex bonus just like the no deposit bonus is given only to new customers. So, if you are an old and regular client of a broker, these bonuses are not options for you, but you can still, though use the deposit bonus only. The thing about the welcome bonus is that it attracts new clients by giving them chance to check the broker without risking a lot, but with a particular amount of money given by the broker. A welcome bonus, on the other hand, can be either a no deposit bonus, or an ordinary deposit bonus. It usually depends on the forex broker policy.

Special VIP bonuses and bonuses for regular customer

On the contrary, if you are a regular customer and an old trader on a website, it will reward with some of its special programs for loyal clients. You need to stay on the website for some time and then to claim for such a bonus. Your experience on the website is the main reason for you to be given a forex bonus. Meanwhile, the VIP bonus is something different, though. You will need to create a VIP account to apply for such a bonus. There is no way for you to receive VIP bonus, if you have signed in with an ordinary, micro or any other different from VIP account. Keep in mind that VIP bonuses are usually quite beneficial and profitable, so when you open an account in a website, consider whether to use the VIP promotion.

Pending forex bonus

The specific thing about this bonus is that you cannot use it once you receive it. It remains pending and usable till you do a particular action on the website. Usually, the broker needs you to clear it and then to use. Some of brokers add pending bonuses for new customers, who need to make several trades at first and then to receive a bonus. Remember – pending bonuses unlike the usual instant bonuses are not the best forex bonuses on the website. In general, better look for instant promotions, because they are easier to be acquired and more beneficial.

Forex reload bonus

The forex reload bonus is designed and made for regular customers. You need to exist as an old or at least a recent client on the forex platform. With this bonus type the broker actually gives you chance to deposit one more time in exchange of a new – another – bonus type. Usually, the forex reload bonus is an instant one and you should not make anything in advance or wait for it. Thus, many of the most trustworthy brokers provide up to 50% of reload bonuses on each deposit. This could be named as the best forex bonus for serious high punters on the market, who deposit and trade almost all the time!

How to find the best forex bonus?

Probably, you are already eager to find out how exactly to find the best forex bonus. The options are many again, but some of them are not very practical. It does not matter if you are new in the foreign currency exchange market, or you are a high punter. In both cases for you time is money and wasting either of them is a failure for your total trading experience. So when it comes to getting the best forex bonuses, the feature of fastness is put on pedestal. Every trader will want to find it quickly without wasting either money or time! And here`s what we need to tell you – you can do this, but you need to trust us and follow our tips. And here is a nice infographic of common mistakes to avoid when trading forex.

Making your own research

Every one of you can make his or her research and find the best forex bonus eventually. All you need to do is to use your favorite browser and its search engine. The best forex bonus, best forex bonuses, no deposit bonus and etc are your keywords. Once you input them in the web search, you will be provided with a giant list of results to test and check. If you find one of the websites you have visited or heard about, write their names on a list and go on picking up more names. When you finish, see your list and begin choosing brokers to try from them.

Reading reviews

Since the global forex industry is so large, brokers are numerous these days. And to tell you the truth, they will become more and more. It is not ok and not practical to sign in each of the brokers. And when you need to choose one, three or six of them, you must read reviews. The web is full of forex broker reviews, but it is always dangerous to rely on them. Some of these reviews might be just ads, but others will show you which broker is really reliable and which one is a scam. The detailed reviews, though, always name and explain the bonuses that are provided by each of the forex broker platforms.

Rely on us to find the best forex brokers

You can and should rely on us, when you want to find the best forex brokers. We are here to offer you a full list of most well-known and tested platforms for trading along with the bonuses they offer. So better do not waste your time with the previous two methods, but use us and find out how to come upon on the most beneficial forex promotions ever!

More forex brokers by regulation authority

• NFA forex brokers


• Bafin forex brokers


• CYSEC forex brokers


• SIBA forex brokers


• CFTC forex brokers


• FMA forex brokers


• FINRA forex brokers


• ASIC forex brokers


• FINMA forex brokers


• FMRRC forex brokers


• BVIFSC forex brokers


• CBI forex brokers


• IIROC forex brokers


• MAS forex brokers


• EFSA forex brokers


• DFSA forex brokers


• FSA forex brokers


• HKSFC forex brokers


• NAFD forex brokers


• IBFC forex brokers


• BSP forex brokers


• FCA forex brokers


• BAPPEBTI forex brokers


• Banque de france forex brokers


• SEBI forex brokers


• FSPR forex brokers


• CMBT forex brokers


• SCAUAE forex brokers


• CBUAE forex brokers


• BDL forex brokers


• CBK forex brokers


• BCU forex brokers


• FSB forex brokers


• BFSC forex brokers


• MFSA forex brokers


• CNMV forex brokers


• HCMC forex brokers


• CMC forex brokers


• CNB forex brokers


• MTR forex brokers


• MNB forex brokers


• PFSA forex brokers


• CSSF forex brokers


• CMVM forex brokers


• Danish FSA forex brokers


• AFM forex brokers


• IFSC forex brokers


• CIMA forex brokers


• GFSC forex brokers

Conclusion and what else you can expect from our site

As a conclusion, we need to warn you that telling what the best forex bonus is not possible. This is due to the fact that every different trader likes different bonuses. Thus, new traders on the market, who do not have registrations in most of the websites, will prefer to be offered only welcome, no deposit bonuses and etc. On the other side, high punters will look for bonuses for regular customers and maybe bonuses for VIP clients, because these accounts are mostly chosen by experienced traders. Once you become experienced, too, you will become able to point your favorite and best forex bonuses, too! Up to then stay with us to learn more interesting and useful things about the foreign currency exchange market and activity!

Forex bonus - best forex bonus 2021!

What is a forex bonus? Learn about all forex bonuses!

As global trading business becomes more and more appealing, more people choose to trade in the forex market as their source of income. This also creates a competitive atmosphere for forex brokers that want to gain more clients, which is why they offer many attractive forex bonuses.

There are some forex brokers who propose bonuses truly beneficial to your trades; however, some of these bonuses come with complicated terms and conditions. Therefore, it is very important to thoroughly understand the forex bonus and the way it works before choosing your broker and accepting their forex bonus. At bestfxbonus, we provide you with up to date information about the best forex bonuses as well as the list of available bonuses for new and experienced traders.

Forex bonus is an offer or promotion available for both new and existing customers on a forex broker вђ™ s website. Forex brokers present these bonuses to new customers in order to increase their trading volumes with the hope of attracting more customers and keeping higher client retention.

There are different types of forex bonuses for new and experienced traders, each with its own benefits and conditions. That вђ™ s why you should find the best forex bonuses that fit your trading needs.

There are various types of forex bonuses. Each of them works differently and provides different benefits depending on your needs:

1. Forex no deposit bonus

this type of bonus may be considered the best forex bonus for most traders, especially newcomers since it requires no deposit. Traders can claim this bonus to start trading right after registering an account. In this way, they can engage in trading activities without any risks. Free forex bonuses offered by brokers range from $5 - $100, you can find them all in forex no deposit bonus section of the website.

2. Forex welcome bonus

A forex welcome bonus is a one-time promotion offered to traders after registering a real forex account. This type of bonus is limited to new customers only, and the existing customers cannot apply for it. Forex welcome bonus can be received either as a deposit bonus or a no deposit bonus. If you are new to the forex market, you should consider this type of bonus.

3. Forex deposit bonus

forex deposit bonus is a bonus that can be acquired after traders make a certain amount of deposit into their forex accounts. This type of bonus is usually available for all customers as long as they are registered on the website and make a deposit. Forex deposit bonus is usually calculated in percentage. For instance, if the offer is a 20% deposit bonus and you make a $1000 deposit in your account, you will automatically get a $200 bonus. So, now you have $1200 in your account for your trading activities.

4. Forex regular customer bonus

as the name suggests, forex regular customer bonus provides benefits and rewards for loyal clients of the forex brokers. This type of bonus can only be claimed when traders have stayed with the broker for a certain amount of time. Their experience and loyalty are the main reasons why this type of bonus is offered.

5. Forex reload bonus

forex reload bonus is a custom bonus given to existing customers only. Brokers generally provide a certain amount of reward when traders do the next reload (deposit). For example, the broker offers a 75% bonus if you make a new deposit in the next 3 days. This type of bonus is one of the best deals that you can use, especially if you are an active trader who deposits and trades frequently.

6. Forex cashback bonus

forex cashback bonus is a reward in the form of cashback offered to traders for every trade execution. This cashback will be automatically transferred into the trading account when the trades are conducted successfully. For example, if the broker provides $2 cashback per trade and you open a one lot trade, you will have a $2 cashback bonus transferred into your account.

7. Forex loyalty bonus

forex loyalty bonus is a bonus received in the form of loyalty points. Many distinguished forex brokers provide loyalty points (under different terms, conditions, or names) which can later be exchanged for other types of rewards. Loyalty points can be used to redeem bonuses offered by the broker in the forms of cash, credit, better trading conditions, and so on.

8. Forex VIP bonus

forex VIP bonus is different from other types of bonuses in that it requires opening a specific VIP account in order to claim it. This is why VIP bonuses are special and usually come with more beneficial rewards (better trading conditions, bonuses with favorable terms, priority in support service or even deposits and withdrawals). If traders want to use this bonus, they should consider opening a VIP account at the time of forex account registration.

How to find the best forex bonuses?

It is easy to find forex bonuses but finding the best bonus to suit your trading requirements can be a bit tricky.

Before deciding which bonus to take, you need to pay attention to the provider of the bonus as well as the terms and conditions of their offer. At bestfxbonus.Com, forex bonuses are listed and rated based on the reliability of the brokers, the benefits of the offered bonuses, and of course, the flexibility of their terms and conditions. All of these factors are important to take into account if you want to choose the best bonuses for trading.

Things you need to consider:

there are three things you need to pay attention to while choosing forex bonuses offered by forex brokers:

1. Use the service of trustworthy brokers

you should only choose experienced and trustworthy forex brokers. This will give you peace of mind and prevent you from any scam. By choosing distinguished and well-known brokers, you will usually get more beneficial deals and bonuses.

2. Read the conditions carefully

before depositing money and receiving any bonus, take your time to read and understand the terms and conditions of the forex brokers. For example, most brokers require you to complete a certain amount of trade before you can withdraw the profits earned via the bonus. So, never rush into it and try to calculate everything.

3. Choose your bonus well

forex brokers often update and change their bonus policy. You should choose your bonus according to your trading needs. It is advisable for new customers to consider free no deposit bonuses before going for more serious trading bonuses such as deposit bonuses. On the other hand, regular customer, VIP, reload and loyalty bonuses are suitable for seasoned traders who know their way around forex trading. Other types of bonuses can be used by both new and experienced traders.

Forex bonuses vary, and so do the conditions. That is why you need to keep yourself informed about the best forex bonuses offered by many distinguished forex brokers.

BEST FOREX WELCOME BONUSES IN 2021! GET BONUSES NOW!

BRKV - for beginners who are new to the trading market, the best forex welcome bonuses serves as kind of a jump start for your career, therefore it’s very important that you could choose for yourself a broker with attractive welcome bonus programs. In this article today, I’ll be giving some of my thoughts on the matter as well as my detailed experiences and reviews of some of the brokers that I consider to have the best forex welcome bonuses programs.

Current brokers with the best forex welcome bonuses programs

Having traded for years and been with many popular and big brokers, I’ve finally narrowed my list of brokers with the best forex welcome bonuses to only 3 names, which are XM, FBS and exness. More details can be viewed as follow:

XM welcome bonus	get bonus here
XM deposit bonus	get bonus here
exness rebate	get bonus here
hotforex welcome bonus	get bonus here
xtrade welcome bonus
roboforex welcome bonus
FBS welcome bonus

Standards of the best forex welcome bonuses

Since this article is mostly about bonuses, below are my 3 personal standards when it comes to choosing a broker based on their bonus programs:

Easy withdrawal conditions

Some brokers have very strict policies regarding the act of withdrawing bonus. As a matter of fact, you can’t really withdraw your welcome bonus directly but do feel rest assured as you can still withdraw the profits gained from trading with the bonus money. That’s the reason for why some brokers have a certain condition that comes with withdrawing bonus such as the minimum lot traded requirement. More specific numbers on the minimum lot traded requirement of the aforementioned top brokers are as follow:

• XM by far has the fairest withdrawal condition. Traders who do business with XM only need to complete 0.1 lot to be able to withdraw bonus profits. Learn more here.


• Exness comes second with the requirement of 1 lot traded to be able to withdraw profits. Learn morehere


• FBS has the 100 bonus programs, with the maximum welcome bonus being $100. The highest profit that you can withdraw for each lot traded is $3. For example: let’s say you gained $60 profits from 7 days of trading. In order to withdraw all that profits, you’d need to have traded at least 20 lots.

High welcome bonus value

Obviously, us traders need the best forex welcome bonuses amount to be as high as possible. Out of those three brokers that I’ve mentioned, FBS offers the highest attainable welcome bonus amount which is $100, while XM and FXTM offer relatively the same amount of welcome bonus which is around $30.

Reliable forex brokers

Without a doubt, your broker should always be reliable and has no shady side to it. Having traded with many different brokers, I consider XM to be the best in term of reliability and transparency.

Other types of bonuses

Beside the best forex welcome bonuses, most forex brokers also offer many different bonus programs such as deposit bonus or lot back bonus (loyalty bonus). More specifically:

Deposit bonus is the bonus program that is based entirely on your deposition amount, which is why you can get more money from this bonus simply by depositing more money.

Lot-back bonus, or loyalty bonus, is the bonus program that most experienced traders prefer since the program automatically rebates a portion of your every transaction to your account.

For example: XM’s spread for the EUR/USD currency is 1.4 pip and the rebate amount are $3 for each trading lot completed. This means that you only need to pay $11 for each EUR/USD lot instead of the whole $14 of the original spread .

Can you really withdraw forex bonus profits?

As I have mentioned above, to withdraw forex bonus profits, most brokers have certain withdrawal policies regarding this matter. Currently, there are two known withdrawal conditions that most brokers have:

Completed trading lot requirements

I’ve personally given an example and explanations regarding this requirement above. To sum it up, most brokers require you to have completed at least a certain amount of trading before you can withdraw the bonus. There’s also a downside to this policy which is that most of the time, the traders would have to deposit even more money than the bonus itself in order to complete the trading lot requirement.

No direct bonus withdrawal

Most brokers that I’ve done business with restrict its traders from directly withdrawing the bonuses such as welcome bonus or deposition bonus. This is due to the fact that if they hadn’t done so, tons of cheaters and exploiters would’ve taken advantage of the situation and made a profit for themselves.

Should we choose brokers with good bonus or low spread?

BRKV - at first, most people would seem to consider brokers with good bonus programs to be better than the brokers with low spreads. However, as traders, we also need to take our long-term plan into consideration. Brokers with low spread or overall better trading conditions always better in the long-term since essentially, you’re always trading with the best trading conditions that you could have when you choose those best forex brokers. As for me, I consider a broker’s credibility to be above everything else since I often have to deal with large amounts of money.

Top 4 best forex bonuses

I’ve personally done my own researches to find out which one among the top brokers has the better bonus programs. So far, I’ve narrowed the list down to 4 brokers with relatively superior bonus programs comparing to the other brokers. The specifics are as follow:

• Best forex welcome bonuses - XM: 30$ welcome bonus check detailhere.


• Best deposit bonus - XM: 100% deposit bonus check detailhere.


• Lot back bonuses - exness: rebate 2 – 16$ per lot check detailhere.

Ways to exploit forex bonus programs

Needless to say, morality-wise, it isn’t good to use any kind of cheating method. However, if you feel the needs to do so, here’s the two popular methods, both of which involve creating multiple accounts to exploit the best forex welcome bonuses:

1. Hedge two newly created account. This means that you’d have to let one account wins and the other one loses in order to maintain a win rate of 50%. This method of cheating can only be applied on brokers with loose withdrawal policies.


2. This method is mostly the same as the first method but in this method, you also need to take advantage of the high leverages to open very big positions. For this method of cheating, a broker with high leverages is advised.

Bonus can be a very effective way for you to cut down trading cost. Other ways include trading with no swap brokers, no re-quote broker, or participating in the best forex contests.

Fanara filippo

Hey, I’m fanara filippo. I’m the founder of this site. I'm currently living in bangkok, thailand. I have been trading forex for more than 5 years. You can read my articles about the best forex brokers on this page. Let’s review brokers today.

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Top 10 best forex brokers with bonus and promotions for 2021

Top rated:

Are you on the lookout for the best forex brokers with bonus and promotions to offer?

They can be tricky to find, but if the answer is yes, then you are certainly in the correct place. Here we will give you all of the information you need, not only on the top recommended brokers if you are looking for a bonus, but also what these promotions mean, and how they can best work to your benefit as a trader.

With that in mind, let’s take a closer look at the best brokers we have found that can offer bonus and promotions to you as a trader.

Are these bonuses really free money?

Although it may be hard to believe at first, it is true. The bonuses really are free money that is sent to your account by the broker. Now what is often asked is, can I withdraw these bonus funds?

Generally, the answer is yes with most top brokers. Their policy will vary though and in many cases, there are certain trading criteria that you must meet in order to withdraw the bonus funds from your account.

What should I check when choosing a bonus?

There are a couple of very important steps that you must run through when checking the bonus that you should choose, and the broker who is providing that bonus.

First off, it is vital that you read the terms and conditions carefully, so you know exactly what is on offer. Added to that, it is important to consider the whole offering of a broker. This means not only the bonus amounts, but what else they have to offer such as spreads, minimum deposits, and more.

Please note that the following bonuses may not be available in every country, and that brokers are not allowed to offer these to customers based in the EU or UK due to local regulatory restrictions. Read T&C before applying to a bonus.

Top 9 forex brokers with bonus and promotions

Here are the top 9 forex broker bonus and promotion offers we have found available:

1. FBS

FBS is the first broker to make our listing for having some of the top promotions and bonus offers in the industry. They are well-known as being a very respected broker around the world, and they have a huge amount of bonuses on offer.

At FBS you can win a wide range of prizes from holidays to new cars, and you can also double your deposit with the great FBS 100% deposit bonus they have in place. An FBS no deposit bonus is also available at no-risk at all to your funds as well as a cashback bonus if certain conditions are met. The FBS bonus offering continues to grow and expand with many contests and challenges also available where you can win cash, trips, and VIP event invites. They also run contests directly on social media like facebook where all you need to do is share posts with your friends. These are just some of the reasons why FBS is a top bonus broker for all traders.

XM is another top international broker, and one of the most easily recognizable in the industry. They too offer a strong range of bonuses and promotions. These start with an excellent $30 no deposit bonus which you can use for completely risk-free, real money trading.

Beyond this you will also find a deposit bonus of up to $4500 which means your deposit will be matched by the broker with free money up to this high value. Aside from those regular types of bonus offerings, XM also runs a lucky draw which has a huge total value of $1,000,000. As a regular trader with the broker you can also join their loyalty program which is points based. You can redeem these points through your trading actions to obtain a wide range of great benefits with the broker.

Please note that these bonuses may not be available with every XM entity

3. Instaforex

Instaforex is the next broker to make the top list of brokers providing bonuses and promotions. They too are very well-trusted by a broad range of traders across the industry. They start their bonus offering with one of the very best no deposit bonus offers in the sector. This is the instaforex $1,000 no deposit bonus.

Further to this monster bonus offer, the broker also provides a deposit bonus of 30% so you can always receive an additional 30% on top of your initial deposit as risk-free bonus funds to trade with the broker. Added to this, instaforex makes a huge range of contests and challenges available where you only need to have a demo account to participate and win. Here you can win a great range of physical prizes including cars, money, and much more.

4. Fxopen

The next broker on the list offering top promotions and bonuses is fxopen. They kick their bonus offering off with a $10 no deposit bonus. This is great if you are new to trading and looking to try out the broker with no risk at all to your own money.

Another great offer for beginners is the $1 welcome bonus on micro accounts. This makes sure you are covered to trade with free money, even at lower risk levels. Like many of the other brokers they also provide access to a large number of trading contests with a unique prize attached. This prize is that if you reach a certain benchmark of profit in the contest with virtual funds, they will then turn 10% of these funds into real money for you to trade with. A very attractive bonus proposition indeed from this popular broker.

5. Roboforex

Roboforex are in on the act too as another respected top broker offering bonuses and promotions to their traders. The excellent bonus infrastructure here starts with a deposit bonus that can be either 10%, 60%, or a huge 120% depending on how much you are depositing.

The offers do not stop there with roboforex either. Just for joining the broker, you will be entitled to a $30 welcome bonus. This can be used for completely risk-free trading on the markets of your choice. You will also be entered into weekly and monthly contests which are free to enter but where you can win real prizes on both demo, and live accounts. Regular traders are not forgotten either with cash rebates stretching up to 15% based on how much you trade.

6. Hotforex

Hotforex are one of the cornerstones of the industry and regularly feature as a top broker in many listings. They too have a very strong bonus infrastructure though it may not be available in every country the same. This is particularly true in europe.

Outside of that though, their offer is strong. They provide a number of unique bonuses the first of which is a 100% credit bonus. This acts to double your deposit with completely free bonus funds. They also offer a very unique 30% rescue bonus. This bonus protects your funds from drawdowns up to $7,000. The 100% supercharged bonus is one of their most popular though. This provides for a huge amount in cash rebates that can reach up to $8,000, on top of a 100% deposit bonus. All of these great offerings maintain hotforex as a very popular bonus broker of choice.

Please note that these bonuses may not be available with every XM entity

7. Octafx

Octafx is another popular, and rapidly growing name in the sector. They are not stepping back when it comes to offering a bonus either. If you are trading with this broker, the first thing you may want to try out are some of the demo account contests.

These great contests come with prizes of up to $500 real cash if you are trading through metatrader, and $150 if you are using ctrader. If these pique your interest, then you can decide to deposit for real, and benefit more from a 50% deposit bonus which is on offer. On top of this, there are many other prizes including merchandise to be won from a broker who is strong, trusted, and growing all the time.

8. FXTM

FXTM is one of the biggest names in the industry. They have also not forgotten a strong bonus infrastructure, and for this reason, they too feature on our list of the best brokers for bonus offers and promotions.

At the core of the FXTM bonus offering is their excellent loyalty program. Here, the more you trade, the more you can get paid. At the maximum level you have the ability to earn as much as $10,000 from the program. Also offered by the broker are a great range of both demo and live trading contests where you can compete against your fellow traders to win top prizes.

9. Vantage FX

Vantagefx is next in our selection of the best forex brokers who offer a good range of bonus systems. Here you will be able to take advantage of a 50% deposit bonus that will allow you to trade risk-free with bonus cash from the broker based on how much you deposit.

Vantagefx also offers a great and very rewarding loyalty program where you can avail of 10% rebates on your trades up to $2 per lot traded when you deposit at least $1,000. With the broker and this program, there is no limit on the trade size at all. The higher the lot size you trade, the higher your bonus will be.

Different type of bonuses

When choosing your forex broker bonus, it is also important to keep in mind that there are many different bonus types available. Here is a more detailed look at exactly the kind of bonuses that are offered by brokers:

Forex deposit bonus: the forex deposit bonus is a certain amount of money offered as a bonus based on the amount which you deposit. In the case of many brokers, this can mean matching your deposit amount with an equal bonus amount.

Forex no deposit bonus: A forex no deposit bonus, as you might gather from the name, is a bonus which is offered to you with no deposit required. In most cases, you simply have to complete the registration process. This money is free and can be used in real trading at no risk to your own money.

Welcome forex bonus: the welcome bonus can be similar to a no deposit bonus. You will get a bonus money amount for completing registration, and in some cases based on the amount of your first deposit.

Loyalty program: A forex broker loyalty program, just like any other, is usually based on how much you use the service. In this case, the more you trade, the more you will be rewarded by such programs. These rewards could come in the form of lower trading costs, additional premium trade tools, physical prizes, access to live events and meetings, and much more.

Points system: the forex broker point systems can also be based on loyalty programs. With these systems, the more you trade, the more points you will earn. These points can then be used to access monetary prizes, cars, vacations, and more.

Cash back and rebates: cash back and rebate programs are also a very common form of bonus. Just as the name suggests, with this form of bonus, you can earn money back for each lot you trade.

Money protection bonus: this is not a very common form of forex broker bonus, though it exists, nonetheless. This kind of bonus from your broker actually protects your funds from reaching a certain negative level, and in some cases, anything beyond this negative point can be refunded.

Forex contest prize: there are a wide range of brokers who organize contests which you can participate in with virtual funds against other traders. If you win some of these contests through making the most profit from virtual funds, then you can win all kinds of great prizes including cash, cars, and more.

Why do brokers offer forex no-deposit bonuses and other bonuses?

There are several reasons why your broker may offer a no deposit, or other type of bonus. One of the primary reasons for this is to create value for you as a trader, and to attract new traders to the industry and that broker.

This method is accepted in many parts of the world, though not in europe. Within the EU, the offering of the majority of these kinds of bonuses is not allowed by the regulator. ESMA does this in a large part to protect beginners from getting involved in trading without the proper knowledge and ultimately losing their money.

Tips on how to choose a bonus and a broker

If you are thinking about choosing a forex broker, the bonus is just one element of this choice, and it should not be a large factor in your decision-making process. First and foremost, you have to choose a broker who is trustworthy, and well-regulated. Luckily all of the brokers on our listing are both of these things.

Once you have done this, then you can think about the bonus they are offering, but do not make your choice based on the broker bonus alone. You have to consider all of your trading needs. In this case, you may want to try out a broker first. This would be a great time to select a no deposit bonus broker so you can try out their real trading at no risk to you.

Best forex bonuses for traders

Forex bonuses aren't available in all jurisdictions, but when they are available, they can provide great incentives to traders looking for their first broker or for a new broker. Here you will get the scoop on updated bonuses and promotions being offered by our most recommended brokers. We also explain to you how each type of forex bonus works, and what each broker offers, so that you can make an informed decision.

Here is a list of bonus campaigns from seven well-established brokers:

Collect up to $5 with every trade

FXTM loyalty program registration required

• Trusted and well-regulated broker


• Low minimum deposit of $10 with a maximum leverage of 1:2000


• Excellent educational division and in-depth market research


• Competitive pricing environment


• FXTM invest supports retail account management


• Third-party add-ons for MT4/MT5

IFC markets

The requirement for a welcome bonus is a minimum deposit of $1,000

• Trusted broker with over 14 years of operating experience


• Innovative proprietary trading platform


• Over 600 assets plus 30,000 synthetic ones


• Competitive spreads and maximum leverage of 1:400


• Autochartist and comprehensive in-house research


• Excellent educational section

Moneta markets

$500 minimum deposit required

• Member of trusted vantage international group


• User-friendly proprietary trading platform


• Excellent trading tools


• Maximum leverage of 1:500


• Web TV channel


• Daily technical trading recommendations

*clients registered under the EU regulated entity of the group are not eligible for the bonus. Available only in certain countries. T&cs apply

• Multi-regulated and trusted trading environment


• Comprehensive asset selection


• Competitive commission-free spreads


• Maximum leverage of 1:888 from a minimum deposit of $5


• No requotes or dealing desk


• Outstanding trading tools and add-ons for MT4/MT5

Fineco bank

Must be used in the first two months

• Leading italian bank and online broker in europe


• Excellent proprietary trading platform


• Outstanding asset selection


• Very competitive cost structure


• Automatic ETF investments


• In-depth educational offering

How do forex no deposit bonuses work?

With demand for forex trading experiencing a renewed surge, making the most liquid financial market even more popular, the competition among forex brokers is equally heating up. A forex bonus represents one key offering that can often sway a new trader to pick one broker over another one, especially if the core trading environment, from trading platforms, asset selection, and cost structure, is similar. Emerging and frontier markets represent the bulk of new entrants to the world of trading but developed markets account for the most substantial deposits. While some regulatory jurisdiction passed legislation banning bonuses and limiting leverage, most notably the european securities and markets authority (ESMA), forex brokers under its jurisdiction operate under a distinct disadvantage. Cyprus falls under this category, making all cyprus securities and exchange commission (cysec)-only regulated entities a less desirable option for the high-growth countries globally.

Many cysec brokers open subsidiaries in business-friendly jurisdiction and off-shore locations, which generally is a very cost-efficient method to expand the operational reach and offer an attractive trading environment for all international traders. One of the most sought-after promotion remains the forex no deposit bonus. It is available to all new traders for opening an account, and as the name suggests, traders are not required to make an initial deposit. Forex brokers use them to attract new traders to their trading environment and allow them to experience it in a live setting. The amount is usually small and enough to open one position. Some brokers run promotions with more substantial bonuses of up to $100, especially during festive seasons or essential corporate milestones.

While a forex bonus without deposit may sound appealing at first, interested traders must consider the terms and conditions associated with it. Since forex brokers operate a business, each incentive must primarily benefit them. The rules can differ from broker to broker, but generally, traders cannot withdraw profits earned from the bonus until they make a deposit first. The minimum amount of the deposit is often equal to the no deposit bonus, so if you received $20, you must deposit at least $20 before you can withdraw any profits. The bonus amount is not available for withdrawals unless specified otherwise by the broker. In case of a withdrawal bonus amount, traders must meet trading volume requirements, which tend to be excessive. One example would be to trade 1.0 standard lot per bonus dollar received, resulting in 20.0 lots in our $20 scenario noted above.

Since most retail traders lose money, most brokers will never have to pay out anything while creating a lucrative revenue stream. Many brokers get paid by their liquidity providers for generating trades, and through the no deposit bonus, they attract an army of eager traders chasing returns. It allows brokers to earn a significant amount of cash flow, risk-free to them. The idea behind any forex free bonus is to attract deposits from new traders. The strategy usually pays off, and while most will never benefit directly from the incentive, it is possible to incorporate them successfully. They often serve as a platform for emerging and frontier traders to get interested in forex trading and slowly grow their knowledge and portfolios.

Is A forex no deposit bonus A welcome bonus?

Many traders may view a no deposit bonus as a welcome bonus since forex brokers deploy it exclusively to new traders without an existing account, but this is incorrect when looking at the details. There are distinct differences between the two, which is also evident in marketing campaigns for both types of incentives. The former requires no deposit, and forex brokers award it upon successful completion of the mandatory verification process of new accounts. The latter generally applies with a generous percentage-based offer on the initial deposit. While most bonus money from a no deposit campaign is not withdrawable, the opposite applies for a welcome bonus. Therefore, the terms and conditions may also differ, and most forex brokers use various bonus campaigns to attract a different type of trader.

Those traders seeking a no deposit bonus usually have little capital to trade, are new to the forex market and will deposit a small amount equal to the granted bonus to make a withdrawal if they generate profits. The retention rate of those traders is low, as many lose the no deposit money and will not make a deposit. Forex brokers have only a one-time limited opportunity to earn income via commissions from their liquidity providers. Since accounts require verification, brokers have all the necessary contact information to target new traders with follow-on incentives to make a deposit and continue trading. In many cases, the next step would be a welcome bonus tied to an initial deposit. Attracting new traders with generous incentives is pointless for brokers if they cannot retain them.

Marketing campaigns for a welcome bonus, despite applying to all new account openings, target traders capable and willing to make higher initial deposits. They are also often used to entice new clients to decide on a more substantial deposit than they initially planned. From a statistical perspective, the majority of traders make the same mistakes. One of the most significant errors is the failure to build a portfolio via multiple deposits over time. Forex brokers are aware that the initial deposit could be the only one a new client will commit. A welcome bonus helps brokers capitalize on this retail trader flaw, as it usually applies only to the first deposit. With the right marketing approach for this incentive, many new traders decide to boost their initial deposit to receive a more lucrative forex sign-up bonus. Again, it remains essential to read and understand the terms and conditions.

Another way to view a no deposit bonus and a welcome bonus is that the former will attract new traders to test the trading environment of the broker. It is followed by the latter to ensure the trader will commit the maximum initial deposit amount. The higher the account balance of a portfolio, the more assets traders can hold, which can increase the profit potential and reduce risk. The marketing strategies for a no deposit bonus forex campaign will often differ, but some brokers blur the lines between the two. One example would be a welcome bonus forex $50 promotion, or an alternative amount, which would be a no deposit bonus rather than a traditional welcome bonus.

What can you do with A free no deposit bonus?

Many may consider a small free no deposit bonus irrelevant, but there are numerous beneficial uses for it. It is not only suitable for new traders but can also be used by seasoned ones for various reasons. Let us take a look at how those new to trading can benefit from a no deposit bonus forex promotion. One of the best uses is to learn how to trade. Those with a misguided preference for demo trading do so in a simulated environment, which is not ideal for educational purposes. A forex no deposit bonus applies to a live and verified trading account, which means that new traders can learn how to trade without making a deposit. It is essential to understand that in most cases, traders will lose bonus money in the process, but the lessons learned are priceless.

New traders with a genuine intention to learn how to trade will follow through with a deposit to continue their educational path. Another excellent use of a forex bonus is to test the trading environment for execution speed, requotes, and slippage. It is impossible to do this in a demo account, which is mostly useless for the majority of advertised purposes, and more brokers replace it with a forex bonus without deposit. While the primary use of any incentive is to attract new traders, and the majority are first-time clients, established ones can also benefit from a forex free bonus.

Advanced traders may use any forex sign-up bonus to test new trading strategies in a live trading account. Given the limited amount of any such offer, for example, a welcome bonus forex $50 offer, the transaction size should only be 0.01 lots. It is sufficient to test any strategy and also ideal for those seeking to adjust an existing one. Developing new ones is another task best accomplished risk-free through a no deposit bonus. Since this bonus generally applies to new traders at a broker, existing traders have to seek out a secondary broker to take advantage of any offer for testing purposes. Diversification of a portfolio across multiple brokers will reduce the overall risk profile, so this will be an excellent option to get to know different brokers.

Traders who prefer to trade a portfolio with an electronic advisor (EA) in an MT4 or MT5 trading account will be able to test them with a no deposit bonus. Since there are over 20,000 available, many completely free of charge, it will be challenging to find one that delivers promised results. Most free ones fail to generate profits consistently. Instead of risking capital, taking advantage of any no deposit bonus will allow traders to test any EA for several months in live trading conditions before deciding to commit a more significant deposit to one. Irrelevant to the use of any incentive, traders must understand that forex brokers will never make an offer that does not benefit the company first. To successfully use a no deposit forex bonus offer, make sure to understand the terms and conditions, and do not chase requirements to withdraw money. Be smart, use it for educational, evaluation, or testing purposes, and ignore the rest. Should you become profitable through any of the mentioned loss-making approaches, consider it as a definite bonus that you earned by doing the right thing.

Which broker has a no deposit bonus?

Many brokers are offering a no deposit bonus, but some of the more trusted ones include instaforex, XM, and FBS.

What is a forex no deposit bonus?

A forex no deposit bonus is a type of incentive awarded to traders without the requirement to make an initial deposit.

How can I trade forex without a deposit?

A growing number of forex brokers offer trades small real cash no deposit bonuses to get started.

Where can I find the best forex no deposit bonuses?

Several online databases and lists are featuring current no deposit bonus offers. Feel free to take a look at the ones we outlined here.

How do I claim a forex no deposit bonus?

You must open and verify your new account with your broker. Once verification is complete, it will either apply automatically or after you request/claim it.

This type of forex bonus is ideal for intermediate to advanced traders who will be able to reach certain trade volumes successfully without wiping out. While trading bonuses may sound appealing to new traders, it may be hard for novices to meet the requirements in order to be eligible for the payout.

No deposit bonus

As an incentive, a forex no deposit bonus is extremely rare, mostly because it commits the forex broker to provide something (usually money) to the trader without demanding a deposit. If you can find a forex no deposit bonus, it’s a good idea to read the fine print before submitting your personal details.

Deposit bonus

An ideal incentive for new traders, a forex deposit bonus offers exactly what its name suggests – a monetary award or incentive for new traders who are depositing into their account for the first time. While it may be possible to find deposit bonuses for repeat deposits, this type of forex promotion is not as common as a deposit bonus for a broker’s new clients.

Forex rebates

Another promotion that is suited for intermediate to advanced traders, a forex rebate is the opportunity for a trader to receive money back into his account for every trade placed. This differs slightly from the forex trading bonus, which usually has a set threshold of trading volume that must be met in order to receive the rebate.

Ready to get started?

Choose the right free forex bonus from the chart above and test it out – it may be just the incentive you’ll need to succeed in the forex market!

Bonuses and incentives

The world of forex trading is very competitive. There are so many brokers to choose from it can be hard to know which one to choose. With so much competition, brokers have to make sure that their offering is exciting and enticing. To do this, they incentivise you with bonuses for opening an account and making a deposit.

There are lots of different deals and offers, and they vary greatly. Not only do the types differ but also the amounts. With one broker you may receive a fixed fee whereas others will offer a percentage of the deposit that you make. Then there are bonuses for the volume you trade and for continuing to make deposits.

But how do you choose your broker? For many, the bonus is an essential criteria and can be the deciding factor. We have tried and tested every forex broker to make sure that we only bring you the best and as bonuses are one of the critical criteria that we review you can be confident that we present you with the best that the industry has to offer.

In this article, you will learn:

The different types of incentives and bonuses how a bonus can help you with your trading which types of bonuses you should choose

Top rated forex sites

Risk warning: the products offered by the companies listed on this website carry a high level of risk and can result in the loss of all your funds. You should never risk money that you cannot afford to lose.

Ad disclosure: some of the links that you will find on this website are advertisements for which we do receive financial gain for referring new customers.

The types of forex bonus

There are many different types of forex bonuses available. More commonly you will see a welcome, deposit, or no deposit bonus when you visit a forex broker site. We review and recommend brokers based on these main types however, there are much more available. Some brokers pride themselves on the fantastic incentives that they offer. Here's an explanation of what's available:

Deposit bonus

When you open a forex trading account and make a deposit, you often receive some free money. This can be either a fixed fee or a percentage of your deposit. The deposit bonus has to be traded several times before it can be withdrawn.

No deposit bonus

Get a fixed deposit reward without making a deposit. This type of incentive is perfect for new traders that don't want to risk their own money while getting used to trading. Sign up to an account, receive your bonus and start trading before you make a deposit and start trading with your cash.

Volume bonus

This is great for more experienced brokers or for those who plan to trade in large volumes. The offer works like a cashback as it offers cash rewards based on the amount you trade.

Reward bonus

A reward bonus is given as an acknowledgement of completing specific requirements. It isn't always cash however and can sometimes be training courses, books or other tools to help you improve your trading experience.

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Risk warning: the products offered by the companies listed on this website carry a high level of risk and can result in the loss of all your funds. You should never risk money that you cannot afford to lose.

Ad disclosure: some of the links that you will find on this website are advertisements for which we do receive financial gain for referring new customers.

What is the ideal bonus

The ideal offer depends on what you are looking for. Different people have different requirements. If you are a novice trader then we would recommend that you look for a "no strings attached", no deposit incentive. This will enable you to get started on your forex trading journey without losing your own money and becoming disheartened watching your balance go down as you make your initial mistakes.

You may not make many mistakes, and your trading may be successful from the outside but like anything it takes practice to become good at something. Now if you are a more experienced trader then your requirements may be different. If you are not concerned about the money going down, because you know it goes up as well then you may be better off looking for a broker that offers a volume or a cashback deal.

Deposit bonuses are also good, especially if you can find a broker that offers 100% match. You may have different priorities, and you may prefer a particular site because of the ease of use. In these cases you won't be so bothered by the bonuses on offer if it is though it is worth checking out who offers what.

How a bonus can help

Bonus money is great if you are new to trading. From the deposit bonus to the no deposit bonus, it can be used in several ways to help you with your forex trading including:

Becoming familiar with the various trading charts and data getting used to a platform functions if you are a new trader building your capital, especially with a generous deposit bonus testing trading strategies and new currency pairs the no deposit bonus is an excellent way to test a new broker general practising so that you become a competent and successful trader

There are terms and conditions attached to these bonuses which you should be aware of. The money has to be traded a certain number of times before it can be withdrawn, this is often the equivalent to thousands of dollars. Sometimes brokers will insist on $10,000 being traded for every dollar.

There are other rewards offered by some brokers that don't include cash. These rewards are often in the form of access to education tools and even books on trading. While they may not have the same appeal for many as a cash bonus, they are equally as valuable in helping to improve your trading skills. Some brokers also offer loyalty rewards which convert to discount or trading funds.

It is essential to choose the bonus which suits you based on your level of experience and what you want to achieve. For new traders the no deposit bonus is perfect while for more experienced traders they prefer a generous deposit bonus.

Deposit bonuses are good especially if you can find a broker that offers 100% match.

How we find the best deals

We find the best deals so that you don't have to. Our experienced team are made up of successful traders and financial experts that have spent years working in this industry. They trawl the markets testing the various forex brokers and putting them through their paces. We don't recommend just anyone. Every broker has to pass a rigorous analysis and trading test for us to be comfortable to put our name to it.

Each site is tested for licensing and regulation, ease of use and their mobile trading features. One of our critical criteria is bonuses. You will see our checklists on each of our recommended broker ratings. We rate them based on how they score for each category, bonus being one of them. If this is what you are particularly interested in then you can compile a shortlist from our recommended brokers and decide which of the shortlist you wish to open an account and start trading with.

With so much information available to you from our experienced and diligent experts, you can start trading with your chosen broker with peace of mind that your money is in safe hands.

Best forex bonuses for 2021 — the latest promotions from trusted brokers

A forex bonus is a promotional program in which a broker extends a line of credit to traders in the form of free money, trading credits, gifts, or rewards. These credits can be used for trading, but in some cases, they can also be withdrawn, subject to the broker’s terms and conditions. A good forex bonus program can be highly instrumental in deciding your overall capital outlay, especially considering the risks involved in forex trading.

Forex broker bonus reviews and the top bonuses

Take a look at some of the excellent forex offers provided by our trusted and reliable brokers and choose the one that suits you the most. We have reviewed the bonus programs of several companies to find the best bonus offers from the top brokers in the market. You can also read the rest of our forex bonus offers guide to better understand how to sign up for the best promotional campaign. It is important to be aware of the different bonus structures, trading conditions, and general rules regarding online forex bonuses. We offer tips on how to stay within the rules while trading the markets with the bonus amount to ensure that your withdrawal is processed seamlessly and without any major hassles.

Best forex bonuses for 2021

Understanding the concept of a forex bonus

Increasing your capital instantly by an average of around 30%–100% may sound impossible, particularly if you are looking to earn that sum by trading the markets. A bonus package, on the other hand, can most certainly help you achieve that phenomenal figure simply by depositing a minimum amount of money into your trading account.

The forex brokerage business model is all about rendering an investor-centric service to traders, whether you are looking to scalp the markets or invest in the long term. The primary motive of a forex broker is to acquire as many traders as possible to its brokerage platform. Therefore, bonuses act as a great marketing tool, where word-of-mouth advertising generates excellent leads, resulting in a win-win situation for both the broker and the trader.

Forex bonuses come in different forms and shapes, but free money typically comes with some strings attached. Accepting a bonus from a forex broker may be risky, especially if they have outlined any stringent trading conditions attached to the promotional program. Nowadays, countless brokers in the market offer several unique features designed to attract the maximum number of global retail trading clients. Although traders follow many parameters while searching for the best forex trading partner, we acknowledge that bonuses play a pivotal role in deciding whether a trader chooses a broker or not.

Types of forex bonuses offered by brokers

We have outlined some of the most common promotional campaigns supported by forex companies so that you will better understand the different promotions and offers presented to you during your trading career. Since brokers are known to limit the choices of bonuses available to a single client, choosing a rewards package that suits your specific requirements becomes even more critical. However, we would like to stress that every bonus program will have some terms and conditions that can prevent you from exercising full control over your trading capital. Therefore, read through the fine print before accepting the terms and conditions.

Welcome bonus

The welcome bonus is the most popular form of promotions package offered by brokers to attract new clients and encourage them to make a deposit. Welcome forex offers are usually provided as trading credits that match a certain percentage of the deposit amount. These offers are only provided once and generally at the time of registering for a new account. A welcome offer can provide anywhere from a 10% to a 300% forex bonus on a deposit. Still, most current offers are in the range of 10% to 100%. Existing customers are usually not eligible to enroll in these kinds of promotional campaigns, and the bonuses may be restricted to one per household.

Deposit bonus

Deposit bonuses promise to credit your trading account with a fixed percentage bonus, usually a percentage of the deposit amount. The deposit bonus is not necessarily reserved for new traders, which means that all clients can receive a deposit bonus for their investments. Deposit bonuses are usually not as elaborate as welcome bonuses. However, they can still earn the trader a significant sum of money to cover their risks in the market or increase their market exposure. These promotions usually offer anywhere from 10% to 50% of the deposit amount as free trading credits, which can be used for trading and withdrawn after trading a minimum number of lots as prescribed by the broker.

No-deposit bonus

A no-deposit forex bonus, as the name suggests, is a free promotional campaign that provides free money to traders to try out a broker’s services. These promotions are provided to a trader only once, which implies that you should opt in for the offer while registering for an account. The monetary value of trading credits offered under this scheme may not be too extravagant. Still, it does provide a risk-free opportunity to invest in the markets without depositing out of one’s pocket. Under a typical promotional scenario, traders may be eligible to receive around $1 to $300 as a no-deposit bonus. The amount may not be withdrawable, but the profits made from it may be withdrawn after satisfying certain trading conditions.

Reload bonus

Clients who make recurring deposits are rewarded with reload bonuses, which can be around 5% to 50% of the deposit amount. Recurring deposits do not mean that a trader is always at the losing end. Some investors use their trading accounts to invest routinely and compound their returns for the long term. Therefore, by using the power of compounding and combining it with a reload bonus, traders can build up their trading equity at a much faster pace. Many successful traders have used recurring deposits and reload bonuses to build up large trading accounts without taking any significant risks in the market. However, these campaigns may have certain thresholds, and working out a deal with the broker to meet your long-term investment goals may be essential.

Forex cashback

This is usually offered to traders as part of their choice of funding method, where a fraction of the deposit amount is either transferred to the payment account or added as credits to the trading account. It can be thought of as a rewards-based promotional program, where a special partnership between the broker and the payment processor enables the traders to reap the benefits. Cashback programs don’t yield a massive amount of free trading credits, but they can provide just enough to keep traders happy.

Forex rebates

Traders typically spend a lot of money on spreads, commissions, and swaps, which are costs associated with forex trading. Brokers often rely on these costs to generate revenue as it is theoretically the only way brokers are allowed to make money per regulatory compliance. Therefore, brokers are often found to reward their high-frequency traders and loyal customers by providing a fraction of these costs back to them in the form of rebates. These rebates may not contribute massively to your trading goals, but they can help you reduce the cost of trading. Forex rebates are usually paid at the end of a trading period or on a payment cycle that depends on the broker’s terms and conditions.

Forex loyalty programs

Loyal customers are also rewarded with a loyalty program that works on a points-based system. A loyalty program allows a trader to accumulate points based on deposits made, trading frequency, the number of lots traded, and any other account-related transactions. Therefore, traders can accrue points over time, which can be redeemed for trading credits, cash, or gifts. The loyalty program can differ from broker to broker. Regardless, some of the more established and mainstream brokers offer excellent loyalty reward programs that qualify for amazing prizes.

Forex VIP accounts and premium services

Forex VIP bonuses or premium services are provided to clients under the VIP status. Such a category is reserved for clients who deposit large sums of money or for institutional investors that are known to transact a large number of lots consistently. However, VIP programs are not as expensive as you may think. Some brokers offer VIP account benefits for deposits as low as $5,000.

Traders can also move up to the VIP category by increasing their account equity to the minimum required for a VIP status. Some of the advantages of such accounts include a personal account manager, free trading signals, a detailed market analysis from experts, higher bonuses, and increased loyalty cashbacks or rebates. Of course, the minimum deposit requirement for a VIP package may be higher at some companies, but they may also provide additional features to suit the higher investment.

Contest prizes

If you are good at trading and are confident in achieving a high ROI in a short time, then contests are an excellent way to earn handsome payouts. Forex brokers often run trading contests that pit traders against one another. The traders with the highest returns during a predetermined period get to take home hefty prize money, gifts, and other great rewards. Contests are held for both live as well as demo accounts, but live account contests are known to pay out more prizes overall. Of course, you can also take part in demo contests, but either way, you should know that you are going up against some of the best traders in the market.

Nevertheless, prize money winnings can sometimes go up to $10,000 for the top trader, if not more. Some brokers may also allow you to withdraw the prize money. Still, some brokers only offer it as a trading capital, where the profits made from trading with the prize money can be removed. In other cases, prize money may include luxury cars, cruises, vacations, smartphones, laptops, and other electronics.

Referral or affiliate bonus

A referral bonus is paid out to traders or clients who refer other traders to the brokerage. Referrals are only counted on a valid deposit, which means that referred traders should open a live account and deposit money into their trading accounts. Referrals can be anyone, from friends and family members to total strangers. However, brokers may ask you to set up separate affiliate accounts if your primary motive is to earn money through referrals. A referral bonus could be a fixed lump sum or a lifetime income source based on the deposits and trading activity of the referred traders.

Seasonal promotions

A seasonal promotion is a promotional campaign where brokers take advantage of festivities, events, or any other activities that may target a large group of people in a specific demographic. Seasonal promotions are quite common in the retail shopping industry, and forex brokers have also adopted this strategy to rope in clients by offering attractive offers and benefits. Some of the benefits include bonuses, free money accounts, and gifts, which can include electronics, automobiles, homes, vacations, premium accounts, and other similar rewards. These campaigns are generally live for a short duration, and such bonuses can be abruptly withdrawn at the broker’s discretion.

Broker transfer offer

One of the main advantages of dealing with a regulated forex broker is the freedom to switch brokers without the hassle of transferring payments through different payment methods. Broker switching is made easier with the option of transferring funds from one broker account to another through broker transfers. Such a transfer is facilitated by the trader signing a transfer form, and your current broker should take care of all the formalities.

Another perk of transferring to a new broker is the broker transfer bonus, which can land you a pretty significant chunk of money as trading credits. Although these bonuses are unique from broker to broker, you can expect anywhere from 10% to 25% of the transfer amount, but you are at liberty to negotiate a deal that suits your comfort.

Gifts and rewards

Brokers sometimes shell out gifts and rewards to their traders, either at the time of signing up or to maintain a minimum trading capital over an extended period. These gifts can include electronic gadgets, luxury cars, vacations, cruises, and other similar prizes. These can be either clubbed with existing bonus programs or provided as separate rewards, depending on the broker’s terms and conditions.

Prime advantages of availing a forex bonus offer

• Capital and market exposure can be increased without extra leverage or additional monetary risk.


• No-deposit bonuses don’t require an initial investment.


• You can trade with free money and enjoy the risk-averse trading environment.


• You can increase familiarity with and enhance your knowledge on the market.


• More capital means more opportunities for experimenting.


• Profits can be withdrawn in most instances.


• Traders can work out different strategies and take an additional risk with free trading credits.


• The broker can be evaluated using free trading credits or contest prizes.

What you need to know before signing up for a bonus

As a trader, you should be aware of several factors that contribute to ensuring a secure trading environment. Bonuses are, in fact, highly instrumental in deciding whether your trading experience is pleasant or not. Here are some points that you should know before registering for a forex bonus offer.

Terms and conditions

The terms and conditions usually refer to usage policies such as who qualifies for the offer, the expiration period of the bonus, and other guidelines that relate to the usage of trading credits under live market conditions. Brokers often provide a lengthy document concerning the terms of use, and even though they may seem time-consuming, it is important to read and understand these terms before signing up.

Choosing the right offer

Brokers may have different offers that provide different rewards and benefits to traders. However, each trader may only be allowed to enroll in a single rewards program at a time. Therefore, you should pick a promotional campaign that best suits your requirements. You may choose a hefty bonus at the time of account registration or opt for a higher reload bonus for subsequent deposits. Once again, it depends on the broker and their promotional policies.

Only a single bonus per person/household

Most brokers restrict one bonus per person or household primarily because of cunning traders who abuse the system. Some traders sign up for multiple bonuses via unique account registrations, resulting in massive losses to the company. Therefore, you should only register a single account, even if you plan on depositing money in all accounts. Brokers only allow one personal account per individual but may approve multiple trading accounts under a single personal account.

Withdrawal policies

One of the main issues associated with a bonus program is that they can place several restrictions on your account. If you have opted for a bonus, forex brokers may prevent you from withdrawing your trading capital, unless you complete the minimum trading requirements. These restrictions may also be placed on the bonus amount, and in some cases, the free trading credits cannot be withdrawn at all. Brokers may stipulate anywhere from 5× to 30× the wagering requirements to lift the restrictions placed on a bonus capital. For example, if a broker specifies 20× the minimum wagering requirements, it means that traders must accumulate 20× the credited amount in lots traded within a certain period. If the trader does not complete the minimum required lots within the duration, the bonus amount and, in some cases, the profits may be withdrawn by the broker.

Supported instruments

Some promotional programs are targeted toward promoting specific markets or exotic financial instruments. For instance, recent trends in cryptocurrency trading have obligated brokers to launch crypto-based promotional campaigns, which can only be used for trading cryptocurrencies. Therefore, if traders are found to be using these bonuses interchangeably with other instruments and markets, the broker may remove the credits from the account and impose trading restrictions. In some cases, brokers may even delete entire accounts, citing violations of the trading terms and conditions. Therefore, you should always be vigilant about any such conditions before putting your bonus to work.

Leverage

Leverage is an integral part of forex and contract-for-difference (CFD) trading, with some companies offering up to a 1:3,000 leverage on certain instruments. Although leverage is a two-edged sword, it can provide added flexibility for smaller retail traders without having to shell out a large sum of money as trading capital. Regardless, a trading bonus can increase the market exposure for traders, which is why a combination of leverage and bonus can be considered a risky trading proposition.

As a result, brokers may place temporary restrictions on the use of leverage for traders who have received a bonus, especially until the minimum trading requirements are met. Consult with your account manager while changing your leverage to avoid violating any trading conditions.

Trade duration and frequency

Scalping is a high-frequency trading strategy employed by traders to take advantage of the volatility in the markets over a shorter duration. Scalpers are also known to trade the news and other events, where market volatility can generate incredible returns within seconds. However, most mainstream brokers are not overly fond of scalping, especially if they are based on a market-maker model. A market-maker broker may have a conflict of interest with the trader as the broker may sometimes fill orders by acting as a counterparty to the trader’s position.

Therefore, traders prone to making consistent profits through scalping can erode the broker’s profit, especially if customers are trading with free money offered by the company. Hence, the broker may negate trades held for a short duration, typically in the region of one to ten minutes, or sometimes in more extraneous circumstances. The terms and conditions of a promotional program will specifically outline the accepted duration of trading. They usually have clauses that explain scalping rules in detail.

Overtrading and overconfidence

One of the main pitfalls of forex trading is the sense of confidence and the risk-free attitude that accompany a winning streak. A bonus can have the same impact on the trader as traders usually feel immune against the risk of losing capital provided by the broker. Therefore, it is common for clients to overtrade, turn the markets at impossible price points, and have an absolute disregard for money management principles that are vital for disciplined trading.

Since overtrading is beneficial from the broker’s perspective, there aren’t any broker-implemented policies or guidelines that prevent traders from opening as many positions as possible. Hence, the onus lies on the trader to be aware of his/her limitations and treat the bonus capital with greater respect. Considering free trading credits as a crucial component of your trading capital and not as separate risk-free gambling money is generally a good idea.

The impact of regulation on bonuses

There have been numerous conflicts between brokers and customers given the differences in their interpretations of the promotional terms employed by companies. Numerous regulatory agencies have stepped in to prevent disharmony between market participants by outlawing bonuses altogether. Leading regulatory organizations from the united states, the EU, and some parts of the asia-pacific have implemented strict regulations concerning the advertising and marketing of services on the pretext of a bonus program. Consequently, brokers are being forced to backtrack by withdrawing their bonus programs while operating under these regulatory frameworks.

Regardless, companies do provide bonuses to international traders through offshore brokerages registered with regulatory organizations that are lenient toward brokers. Of course, these regulators may not be as advanced as those in the united states or the EU, but they do have some pretty remarkable guidelines aimed to protect investors. However, these regulators enable brokers to be a bit more flexible and creative with their offerings, which is why they allow bonuses and promotional campaigns, even if they are prone to disputes.

We would advise you to be diligent while choosing a regulated broker in this context. You must be able to weigh the pros and cons before making an informed choice. If a forex bonus is among your top priorities in picking a broker, browse through our list of reliable and top-rated brokers that provide the best forex offers to their clients.

So, let's see, what we have: the best and most up to date forex bonus offers around the world. Exclusive promotions with additional information and broker reviews. Start trading today! At best forex bonuses

Contents of the article

• Best forex bonuses


• Find the best forex bonuses


• Our recommended forex brokers


• Different types of forex bonuses
  
  
  
  • Forex deposit bonus
  
  
  • Forex no deposit bonus
  
  
  • Welcome forex bonus
  
  
  • Special VIP bonuses and bonuses for regular...
  
  
  • Pending forex bonus
  
  
  • Forex reload bonus
  
  
  
  


• How to find the best forex bonus?
  
  
  
  • Making your own research
  
  
  • Reading reviews
  
  
  • Rely on us to find the best forex brokers
  
  
  • More forex brokers by regulation authority
  
  
  
  


• Conclusion and what else you can expect from our...


• Forex bonus - best forex bonus 2021!


• What is a forex bonus? Learn about all forex...


• BEST FOREX WELCOME BONUSES IN 2021! GET BONUSES...


• Current brokers with the best forex welcome...


• Standards of the best forex welcome bonuses
  
  
  
  • Easy withdrawal conditions
  
  
  • High welcome bonus value
  
  
  • Reliable forex brokers
  
  
  
  


• Other types of bonuses


• Can you really withdraw forex bonus...
  
  
  
  • Completed trading lot requirements
  
  
  • No direct bonus withdrawal
  
  
  
  


• Should we choose brokers with good bonus or...


• Top 4 best forex bonuses


• Ways to exploit forex bonus programs
  
  
  
  • Fanara filippo
  
  
  
  


• Top 10 best forex brokers with bonus and...
  
  
  
  • Top rated:
  
  
  
  


• Are these bonuses really free money?


• What should I check when choosing a bonus?


• Top 9 forex brokers with bonus and promotions
  
  
  
  • 1. FBS
  
  
  • 3. Instaforex
  
  
  • 4. Fxopen
  
  
  • 5. Roboforex
  
  
  • 6. Hotforex
  
  
  • 7. Octafx
  
  
  • 8. FXTM
  
  
  • 9. Vantage FX
  
  
  
  


• Different type of bonuses


• Why do brokers offer forex no-deposit bonuses and...


• Tips on how to choose a bonus and a broker


• Best forex bonuses for traders


• IFC markets


• Moneta markets


• Fineco bank


• How do forex no deposit bonuses work?


• Is A forex no deposit bonus A welcome bonus?


• What can you do with A free no deposit bonus?
  
  
  
  • No deposit bonus
  
  
  • Deposit bonus
  
  
  • Forex rebates
  
  
  
  


• Bonuses and incentives
  
  
  
  • Top rated forex sites
  
  
  
  


• The types of forex bonus
  
  
  
  • Deposit bonus
  
  
  • No deposit bonus
  
  
  • Volume bonus
  
  
  • Reward bonus
  
  
  
  


• What is the ideal bonus


• How a bonus can help


• How we find the best deals


• Best forex bonuses for 2021 — the latest...


• Forex broker bonus reviews and the top bonuses


• Best forex bonuses for 2021


• Understanding the concept of a forex bonus


• Types of forex bonuses offered by brokers
  
  
  
  • Welcome bonus
  
  
  • Deposit bonus
  
  
  • No-deposit bonus
  
  
  • Reload bonus
  
  
  • Forex cashback
  
  
  • Forex rebates
  
  
  • Forex loyalty programs
  
  
  • Forex VIP accounts and premium services
  
  
  • Contest prizes
  
  
  • Referral or affiliate bonus
  
  
  • Seasonal promotions
  
  
  • Broker transfer offer
  
  
  • Gifts and rewards
  
  
  
  


• Prime advantages of availing a forex bonus offer


• What you need to know before signing up for a...
  
  
  
  • Terms and conditions
  
  
  • Choosing the right offer
  
  
  • Only a single bonus per person/household
  
  
  • Withdrawal policies
  
  
  • Supported instruments
  
  
  • Leverage
  
  
  • Trade duration and frequency
  
  
  • Overtrading and overconfidence
  
  
  
  


• The impact of regulation on bonuses