Top 10 Best Forex Brokers with Bonus and Promotions for 2021, best forex welcome bonus.

Best forex welcome bonus


First off, it is vital that you read the terms and conditions carefully, so you know exactly what is on offer.

Best forex bonuses


Top 10 Best Forex Brokers with Bonus and Promotions for 2021, best forex welcome bonus.


Top 10 Best Forex Brokers with Bonus and Promotions for 2021, best forex welcome bonus.


Top 10 Best Forex Brokers with Bonus and Promotions for 2021, best forex welcome bonus.

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. 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.


Top 10 best forex brokers with bonus and promotions for 2021


Top rated:






forex-broker-bonus-promotions


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.



�� forex no-deposit bonuses 2021


nodeposit bonus bonus valid till
7bforex | no-deposit bonus $25 dec/31/2021
AGEA | $5 no-deposit bonus $5 dec/31/2021
almahfaza | phone verification bonus (in arabian) $50 dec/31/2021
arum trade | “first investment” no-deposit bonus $30 dec/31/2021
atlasforex | $50 USD no-deposit bonus (in japanese) $50 jan/31/2021
bityard | beginner rewards 4 USDT dec/31/2021
bullseye markets | $25 USD no-deposit bonus $25 dec/31/2021
bybit | $10 registration bonus $10 dec/31/2021
bybit | social media bonus $5 dec/31/2021
bybit | survey bonus $5 dec/31/2021
cfmerchants | $50 welcome no deposit bonus $50 dec/31/2021
corsa capital | $100 no-deposit fixed welcome bonus $100 dec/31/2021
cube global | $20 no-deposit bonus $20 dec/31/2021
CWG | hi account! $50 USD no-deposit bonus $50 dec/31/2021
elite fin FX | free $20 no-deposit bonus $20 dec/31/2021
emporio trading | $30 USD no-deposit bonus $30 dec/31/2021
FBS | level up bonus FREE $140 $140 dec/31/2021
FBS | no-deposit "trade 100 bonus" $100 dec/31/2021
FBS | quick start $100 no-deposit bonus $100 dec/31/2021
forex.Ee | 15 USD welcome no deposit bonus $15 dec/31/2021
forexchief | no deposit bonus $50 (in indonesian) $50 dec/31/2021
fortfs | $35 USD no-deposit welcome bonus $35 dec/31/2021
freshcent | 300 cent bonus "start working with a gift!" $3 jan/31/2021
freshforex | no deposit bonus $2021 $2020 feb/28/2021
FX TRB | $50 no deposit welcome bonus (in thai) $50 dec/31/2021
fxcess | $10 no-deposit email verification bonus $10 dec/31/2021
fxcess | $15 no-deposit phone verification bonus $15 dec/31/2021
fxgiants | email verification bonus $30 dec/31/2021
fxgiants | phone verification bonus $15 dec/31/2021
fxopen | $1 no deposit bonus for micro accounts $1 dec/31/2021
fxopen | $10 no-deposit bonus $10 dec/31/2021
fxoptexgroups | $30 USD free account $30 dec/31/2021
fxplayer | $100 no-deposit bonus $100 dec/31/2021
fxprivate | $10 "only for friends" no-deposit bonus $10 dec/31/2021
fxprocent | $300 cents no deposit bonus $3 dec/31/2021
FXQM | $30 USD welcome bonus $30 dec/31/2021
gannmarkets | $30 welcome bonus $30 dec/31/2021
GICM | $25 no deposit bonus $10 dec/31/2021
global crypto exchange | subscribe for your 1000 FREE tokens $100 mar/20/2021
GNT capital | $50 USD trading bonus $50 dec/31/2021
GOFX | $30 free trading bonus (in thai) $30 dec/31/2021
heart forex | $100 welcome bonus $100 dec/31/2021
hexta prime | $30 USD no-deposit bonus $30 dec/31/2021
instaforex | $3,500 startup no-deposit bonus $3500 dec/31/2021
IUX market | account open bonus $30 $30 dec/31/2021
kaje forex | $50 USD welcome no-deposit bonus $50 dec/31/2021
meefx | welcome no-deposit bonus $5 USD $5 dec/31/2021
mitrade | 50 USD trial bonus $50 dec/31/2021
noble sky | USD 500 reward for login $500 dec/31/2021
noble sky | welcome new year gift of USD 1000 $1000 mar/05/2021
PPM PRIME | $40 free to trade no deposit bonus $40 dec/31/2021
redstonefx | $88 no-deposit bonus $88 dec/31/2021
roboforex | $30 welcome bonus $30 dec/31/2021
seven capitals | new year´s exclusive real $100 account $100 jan/31/2021
SFEX | $50 no-deposit welcome bonus $50 dec/31/2021
sinosoft FX | trade free with $20 no-deposit bonus $20 dec/31/2021
superforex | $50 no-deposit bonus $50 dec/31/2021
templerfx | no deposit bonus 30$ $30 dec/31/2021
tiomarkets | $25 USD no-deposit bonus $25 mar/31/2021
tradehall | $50 welcome no-deposit bonus $50 dec/31/2021
tradeland | $50 welcome no-deposit bonus $50 dec/31/2021
traders trust | $100 USD no-deposit bonus $100 dec/31/2021
unicorn brokers | $50 free bonus for afghanian customers $50 dec/31/2021
upforex | $100 no-deposit welcome bonus $100 dec/31/2021
velocity trades | $25 no deposit bonus $25 dec/31/2021
windsor brokers | free account $30 $30 dec/31/2021
world forex | $10 or $20 USD bonus $20 dec/31/2021
world trade investment | $50 no-deposit bonus $50 dec/31/2021
XM group | $30 no-deposit bonus $30 dec/31/2021
xtreamforex | $25 no deposit bonus $25 dec/31/2021

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FXTRB - $50 no deposit bonus


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SFEX - $50 welcome no deposit bonus


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Profitto ltd - $30 USD no deposit bonus


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GEMFOREX - 30,000 JPY no deposit bonus


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Templerfx - no deposit bonus 30$!


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Gannmarkets - welcome bonus 30 USD


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Milton markets - welcome bonus $50


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Instaforex - $2000 startup no-deposit bonus


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Freshforex - 300 USC no deposit bonus


The promotion is valid from december 11, 2020 to january 31, 2021 ;
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Xtreamforex | $25 no deposit bonus


Getting ready to start your trading without committing an investment. No deposit bonus for newbies to try out services to start earning profit without risking any of their funds.


Bonus available for philippines clients:- no deposit bonus of amount $25 is available for philippines clients with live trading account with verified status. No need to deposit to claim the bonus.


Easy to claim:- register the live account, verify the trading account. Get the bonus by registering the live trading account.


Start your trading:- after getting the bonus you will able to start your trading to earn more profits with zero investment.


Start date to registration:- no deposit bonus account will start on 7th december 2020 for a limited time.


Maximum leverage is 1:400.


Trading account credited with $25 no deposit bonus is not eligible for commissions and ibrebates.



Expose what is the meaning of forex no deposit bonus. You gain a real forex trading account with original money on it no deposit required from your side


Youвђ™re probably interested in forex live trading. It is a good way to increase your wealth if you have the right skills and knowledge about the industry as a whole. However, itвђ™s worth to mention that there are a lot of pitfalls in forex trading. If you fail to become an expert in trading before investing large sums of money in it, you may be leading yourself towards financial ruin.


Now, sure, you have read dozens of articles on forex and how to make a profit on it. You have seen dozens of people talk about their immense fortunes earned by trading. What you havenвђ™t seen is thousands of people who only suffered losses when they started trading. Donвђ™t become one of them, trade with skill.


You canвђ™t get experience unless you fail. But how do you get trading skills if you donвђ™t want to lose your own money to learn? The answer is to get a no deposit forex bonus on a forex trading platform.


It is a free bonus (no deposit required) with no deposit required and no strings attached. You just have to register to get anywhere from $30 to $500 for free to get you started in trading. Make sure you don't waste the money and work hard to learn the basics.


Is bonus with no deposit on forex a scam?


While the industry has seen some fraudulent projects, most places that offer trading bonuses with no deposit are trustworthy. The thing is there are so many trading platforms that they have to compete against each other to win new paying customers. Giving away some free money for you to learn how to trade is only beneficial for them.
Profit from their offers. Browse the list of trading platforms that offer no deposit bonuses and chose the most beneficial option fo you.


Get Free $30 from Profitto No Deposit Welcome Bonus


Get Free $30 Forex No Deposit Welcome Bonus on HotForex


$30 Christmas No Deposit Forex Welcome Bonus from JustForex


Waited for Free No Deposit Forex Bonus $100 from FortFS


Take an amazing $35 Reception Trading Bonus on FortFS


Forex no deposit bonus is risk free and deposit free bonus. You don’t need any deposit, the broker will give you bonus after opening a new account. Just you need to register with a forex broker and verify your account. Then you can start your live trading.


This how forex broker makes their potential client. Forex broker utilizes no deposit bonuses to pull in new customers, particularly in the event that they are new brokers, to expand their demographic as quickly as conceivable which is the reason they offer such free rewards.


Presently, forex trading becoming more popular, so there are too many traders and they want to start deposit free welcome mean no deposit bonus. Luckily, there is various forex broker offering no deposit bonus for beginners. They offer amazing bonuses, often $5 USD to 100 USD.


How free bonus is important?


Most of the brokers offering bonus. In any case, the greater part of them is unregulated. They are doing it is a great way to find new clients and they can’t find another good way. But regulated forex broker is good they offer some good bonuses for a newbie to familiar with live trading and their trading platform. We reviewed unregulated forex broker offer a free bonus with too many conditions and trading period is very short like 15 days, 20 days maximum 30 days, also you can’t withdraw the bonus, you have to trade required standard lot volume within a short time. Also, you fell trouble with leverage, the maximum amount of withdrawing and withdrawal method and other things. Then?


However, forex free reward is significant for currency traders. A regulated broker always offers a good bonus with some easy conditions to familiar with them. I think finding a trustable broker is important, so a beginner can join with a regulated broker bonus and they have to check some important factors like leverage, speared, fees and commissions and other things. One other thing is a security issue and trading platform.


So you already got it free bonus is important and joining with a regulated broker is better.


In this case, if you are a newbie in this forex trading market, obviously you can start with a free no deposit bonus. Forex is an extremely entangled and professional market, you need some experience to success on trade. In this case, if you are new in the FX market, utilizing a free reward can enable you to make some profit and increase some knowledge on how the market actually work you can make money more.


When you get familiar with your way (strategy, techniques), you don’t need the free reward again. You'd have the option to trade and make plenty of benefits by live trading. Moreover, experience traders, sometime takes a free bonus to multiply their profit and test a new strategy.


Terms and conditions for free forex bonuses


The different broker set different terms and conditions. There are a lot of terms and conditions in a free bonus, some terms and conditions are really hard. Like you have to trade a certain number of standard lot volume to withdraw profit. But there have also some good trader they regularly making money with this free bonuses. They use tricky techniques, they always hunt bonus presenting a website to choose an amazing bonus. The choose bonus then joins, start trading make some money, and build up their special strategy.


On the other hand, some other brokers will give you one time to withdraw conditions. Some will ask to deposit for withdrawing and some will say to start live trading and internal transfer your amount.


Discover more about the free bonuses


You have learned a lot already from here, but sometimes beginner asks some question us this like:


Is forex free bonus is a welcome bonus?


Actually, most of the time broker gives the bonus after joining with them so you can say it is forex welcome bonus.


Also, some reputed broker gives a bonus to their old clients and new clients, its deposit bonus like a 20% deposit bonus. Example: a trader after deposit $100 the broker will give $20 and the trader will able to trade with $100.


Does forex broker give no deposit bonus without verification?


Yes! Usually, a broker doesn’t provide the free bonus without verification. First things you need to fill-up at least your name and email, you have to confirm your email id for the complete creation of account.


Usually, the broker wants some individual data like ID card, passport or utility document after opening or before withdrawing profit.


But sometimes it happens that forex broker offers no deposit bonus without any verification.


Can I make money with a free bonus?


Why not? The broker gives the bonus to trade on the real market. It totally depends on you, if you can make some profit it’s obviously yours. But we suggest free bonus for newbie and learn something and for familiar with real market trading and for preparing themselves for the future.


So you can make with free bonus and withdraw it after meeting the terms and conditions.


What is the best thing in a free bonus?


The best thing is if you have a no fund you can start live trading, you can learn new thing and if you can make some profit further you can trade it with a forex deposit bonus that will boost your trading capital.


So you have to start with a free bonus wisely.


Conclusion


Forex no deposit or deposit free trading bonus is a kind of blessing for a newbie, they can start live trading with it easily. Here is some good opportunity will help you to take a decision to choose a free bonus.



  • You can start live trading without any deposit

  • You can change your broker platform of a broker

  • You can earn some money and grow your confidence



You can change your trading instruments (currency pair, stocks, indices, share, commodities, and crypto currency)


You can start trade without pressure and risk free


You can develop your trading plan, strategy, and pattern


So you may say the free bonus is a really good opportunity to learn real forex trading, familiar with live trading environment and prepare yourself to take the challenge (forex trading contest)



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!



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


Top 10 Best Forex Brokers with Bonus and Promotions for 2021, best forex welcome 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!



Top 10 best forex brokers with bonus and promotions for 2021


Top rated:






forex-broker-bonus-promotions


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.



Welcome bonus


CF merchants is offering welcome bonus (no deposit bonus) to our new clients that joins our team of champions. You are entitled to get the free live account of $50. Profits earned on welcome bonus accounts are withdraw able. The terms and conditions of the welcome bonus accounts are as follows.


Terms & conditions of welcome bonus



  • All new clients that are registered for the first time in CF merchants are entitle to get $50 welcome bonus in their first live trading account. Only one live trading account will have $50 welcome bonus against one ID.

  • To get welcome bonus of $50, client must first verify his live trading account with proper required documents and after that send us an E-mail at support@cfmerchants.Com and must mention his MT4 trading account in the email.

  • Welcome bonus of $50 is not withdrawable or transferable to another account. Profit earned on welcome bonus is withdraw able, maximum profit withdrawal limit is $50 without depositing funds and minimum 15 standard lots in forex products are required to get the profit withdrawal. Orders executed other than fx products (like commodities, indices, cfd’s and crypto currencies) will not be counted.

  • When client place his first withdraw, his remaining equity in trading account must be equal to or more than $50.

  • If client deposits minimum of $100 or more into bonus account, then client needs to place only minimum 10 more standard lots from the date of new deposit to withdraw the profit. Maximum 50$ profit will be counted before any deposit made by the client. Another profit amount will be deducted from the live account.

  • Whenever clients place a withdraw from his welcome bonus trading account, company will deduct welcome bonus amount on his first withdrawal.

  • For deposit & withdrawal amount, see our deposit and withdrawals policy.

  • This offer is valid till further any change in promotion.

  • Leverage on these welcome bonus accounts will be 1:50 maximum.

  • All accounts will be opened in prime spreads account type category only.

  • Client can withdraw his profit after completing the terms and conditions within 90 days of getting welcome bonus. After 90 days he cannot get any profit amount earned on the welcome bonus.

  • All these welcome bonus accounts are not eligible for commissions and IB rebates.

  • Trading account of a client will not be credited with the bonus if that account is already subject to another promotion.

  • The client can submit a bonus request no later than 5 business days after she/he opens the account. Requests submitted outside of this time limit will not be processed.

  • Trades closed before 120 seconds-time will not be taken into consideration.

  • Trades opened via EA will not be taken into consideration.

  • The required number of lots to withdraw the profit is only in fx products. All other lots like commodities, indices, CFD’s will not be considered.

  • No staff members, and/or their relatives, of CF merchants or any associated company, may take part in this promotion.

  • CF merchants reserves the right to modify or change any of the terms and conditions of this trading credit bonus promotion without client’s consent.


Enjoy the unlimited benefits of trading with CF merchants. Have a happy trading in future with choice of champions the CF merchants.

Start forex trading with a global regulated broker


Legal: CF merchants is the trading name of commodity and forex merchants registered and regulated in many jurisdictions. CF merchants limited is regulated with license number 24535/2018, at suite 305, griffith corporate center, P. O. Box 1510, beachmont, kingstown, saint vincent and the grenadines as an international broker company under the company act of saint vincent & the grenadines. The objects of the company are all subject matters not forbidden by international business companies (amendments and consolidation) act, chapter 149 of the revised laws of saint vincent and grenadines 2009, in particular but not exclusively all commercial, financial, lending, borrowing, trading, service activities and the participation in other enterprises as well to provide brokerage, training and managed account services in currencies, commodities, indexes and leveraged financial instruments.
Commodity and forex merchants limited is authorized under license number 1092420 by the companies house, cardiff, united kingdom on 21st august 2017.


High risk investment warning: margin FX are leveraged products that carry an extraordinary level of risk to your funds. Trading is not suitable for everyone and may result in you losing significantly more than your investments and therefore, you should not speculate with capital that you cannot afford to lose. You should consider whether you understand how this work and whether you can afford to take the high risk of losing your money. All the trading related information on this website is general in nature and does not take into account your or your client’s personal intentions, financial conditions and needs. We encourage you to seek independent advice if necessary. It is the responsibility of the client to ascertain whether he/she is allowed to use the services of the CF merchants based on the legal requirements in his/her country of residence. Please read full risk disclaimer for more details.


Regional restrictions: CF merchants (SV) ltd does not provide services and accept applications from the residents of certain countries, such as united states of america, canada, israel, north korea and saint vincent & the grenadines. The statistics on this website is not directed at residents in any country or jurisdiction where such distribution or use would be contradictory to local law or regulation.



What you need to know about forex welcome bonus


forex-welcome-bonus


To start your forex trading, we highly recommend that you get the forex welcome bonus that is offered on the market today. Forex bonuses are given by forex brokers to customers as a reward when they use the brokers’ services. These include assistance from the experts that would guide you in putting your investments and resources in a legitimate site or company.


Be one of the many investors, traders and businesses who enjoy the benefits of forex trading today. When working with forex brokers, you will also be able to use the trading platforms they use. They can give you these bonuses when you make your deposits or even get them for free. You can also choose according to the type of bonus you are looking for that would suit your preferences.


Check out the top rated forex bonus


Freshforex bonus


Top 10 Best Forex Brokers with Bonus and Promotions for 2021, best forex welcome bonus.


The latest forex welcome bonus you can apply today


To try out our forex bonuses. You can choose from this list of the latest forex bonus offers we have identified for you.


There are also different types or methods of forex bonus that you can choose from. You can try forex deposit bonus, free forex bonus, or forex no deposit bonus. We highly encourage you to try this opportunity to avail of these bonuses. We assure that these offers will not put your money at risk.


How to get credible forex bonus


To get the best from the latest forex bonus offers on the market, we have here some basic guidelines that would help you.


The first thing you should do is to identify who among the available brokers are the ones with a good reputation. Avoid brokers who offer a large amount of bonuses to avoid the risk of being scammed.


To avoid them, make sure to search the essential information about the brokers you are considering. The broker should be able to give important contact details and updated details of their physical address. In this way, you can access them anytime if you have important queries, need assistance, or need help in case of emergency.


Check the customer support system that the broker provides. The forex broker you choose to work with should respond to you when you need information from them. Reputable forex brokers have 24/7 customer service available.


Read through forex broker reviews and ratings


Today, you can find a lot of reviews of different brokers’ sites that you can rely on when looking for a forex broker you can trust. These reviews provide ratings of the brokers’ services and performance. Check this out so you will be able to identify which brokers have credible services. In reading these reviews you would also learn and identify the platform that would best suit your needs and preference.


Here is our list of our recommended forex brokers reviews that can help you evaluate the forex broker you can work with, and offer great bonuses:


Broker info bonus open account
regulation:
leverage: 1:400
demo account: yes
min deposit: $100
up to $10,00 bonus visit broker read review
Top 10 Best Forex Brokers with Bonus and Promotions for 2021, best forex welcome bonus.
regulation:
leverage: 1:3000
demo account: yes
min deposit: $1
$123 bonus +100% on every deposit! Visit broker read review
Top 10 Best Forex Brokers with Bonus and Promotions for 2021, best forex welcome bonus.
regulation:
leverage: 1:1000
demo account: yes
min deposit: $100
101% on each deposit visit broker read review
regulation: ASIC
leverage: 1:500
demo account: yes
min deposit: $100
$10 no deposit bonus visit broker read review
regulation: FFMS
leverage: 1:1000
demo account: yes
min deposit: $1
maximum 250% visit broker read review
Top 10 Best Forex Brokers with Bonus and Promotions for 2021, best forex welcome bonus.
regulation:
leverage: 1:2000
demo account: yes
min deposit: $100
100% deposit bonus! Visit broker read review
Top 10 Best Forex Brokers with Bonus and Promotions for 2021, best forex welcome bonus.
regulation: cysec
leverage: 1:888
demo account: yes
min deposit: $5
deposit bonus up to $5,000 visit broker read review


Latest forex welcome bonus offers from the most trusted forex brokers


Get started with your forex trading and work with the most trusted forex brokers. Here is a list of some of the top forex brokers with the minimum amount you can deposit, and the corresponding bonus you can get.


Broker bonus min deposit leverage review open account
up to $10,00 bonus $100 1:400 review visit broker
Top 10 Best Forex Brokers with Bonus and Promotions for 2021, best forex welcome bonus.
$123 bonus +100% on every deposit! $1 1:3000 review visit broker
Top 10 Best Forex Brokers with Bonus and Promotions for 2021, best forex welcome bonus.
101% on each deposit $100 1:1000 review visit broker
$10 no deposit bonus $100 1:500 review visit broker
maximum 250% $1 1:1000 review visit broker
Top 10 Best Forex Brokers with Bonus and Promotions for 2021, best forex welcome bonus.
100% deposit bonus! $100 1:2000 review visit broker
Top 10 Best Forex Brokers with Bonus and Promotions for 2021, best forex welcome bonus.
deposit bonus up to $5,000 $5 1:888 review visit broker


How to choose a top-rated forex broker?


With the thousands of brokers available, it could be an overwhelming task to decide which forex broker would be best for you. In this post, you will find a compiled a list of factors to consider and hopefully, as you reach the last, you would have decided already which forex broker is good for you.


Spreads or transactions
how-to-choose-a-forex-broker



  • Forex trader cost is the actual cost of the forex versus your purchase price. This is calculated in pips: thus, the lower the amount, the better. Since the spread is where the brokers get their income, forex traders should be wary of brokers advertising that they do not charge pips. There is probably a catch somewhere that you may not have knowledge of.


Leverage and margins



  • Leverage options are used by investors so that they can take advantage of fluctuations in currencies. A leverage is actually a loan extended by brokers to investors who should maintain a margin account with them. Standard trading is usually done on 100,000 units of a currency. Thus, for a 100:1 leverage, the trader must deposit US$1,000 on his account. The leverage gives the investor the potential of raking in big profits relative to his small investment.

  • On the other hand, in the markets go against your expectations, then your opportunity for a loss is also as great. This is the reason why there is such a thing as a stop order. A stop order is actually a mandate given by the trader stating that trading is stopped if losses reach either a certain amount or percentage.


Service extended



  • With brokers literally chasing after new entrants in the forex trade system, traders should at least be able to reach the broker should he have any concerns on his account. Unfortunately, for a number of brokers, service is impeccable before account opening and suffers drastically when the client has already opened an account.


Broker quality



  • Forex trading is an unregulated market. Therefore, you should find one which is regulated by the commodity futures trading commission (CFTC) and a registered member of the national futures association (NFA).


Trading tools



  • Good brokers do not leave their customers at a loss once they start to trade. Thus they provide their client with the necessary tools to help them succeed in trading. It may be a demo account or maybe updates with regard new trading practices.


Trading platforms



  • Almost all forex traders do their trades using the internet. Not having an online trading platform is a great disservice to clients.


Availability of currency pairs



  • A good broker should be able to trade the 8 major foreign currencies: australian dollar (AUD), canadian dollar (CAD), swiss francs (CHF), the euro (EUR), british pound (GBP), japanese yen, and the US dollar (USD). These currencies are the ones most used in business transactions so their prices fluctuate based on supply and demand.


Lot sizes



  • Minimum lot sizes (or units of currency you can buy) vary with each broker. If you are just starting to learn forex trading, find a broker that would allow you to buy mini lots.


Rollover charges



  • Brokers allow traders to close open positions value dated today and opening the same trade tomorrow but reflecting the differences in interest between the currency pairs. Although this is allowed, there are charges levied by the brokers and you need to know how much the charge is to determine your margin on the trade.


Forex welcome bonus



  • Added to the values, forex broker offers forex welcome bonuses such as forex no deposit bonus, forex deposit bonus and other types of forex cashback or rebates. With the forex bonus, the trader has added leverage to trade as the bonus becomes an additional fund with which he can trade more. This would mean a lot to the trader because some new traders really would need the additional funding even just to trade the minimum lots.


Some of the factors given above may be self-explanatory. However, the others need your expertise in determining whether or not your broker actually provides you the best, say in terms of pips, rollover charges, and the like. Make a shortlist of the brokers that you know and have traded with and using this checklist, weed out those that do not provide what you are looking for.


Conclusion of getting the forex bonus


A forex welcome bonus extended by brokers to traders would be a great come on for new traders. For one, they can start trading the bonus, without actually putting their capital at risk. At worst, the trader can lose a portion of his capital if he trades more than the bonus but should there be a good trade made, the bonus can actually help the trader increase his capital. If one tends to be safe in his trading transactions, the possibility of earning would be there. The trick is if you have made good trades already, set aside your original capital, and trade only within your gains so that your capital is preserved.


Types of forex bonuses and contests



Types of forex brokers



Payment and deposit methods


Forex brokers by countries





so, let's see, what we have: looking for the best forex brokers with bonus and promotions? Discover this, and everything you must know, on bonuses and promotions! At best forex welcome bonus

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