Best trading platform with free bonus
While a no deposit bonus won't be huge, it does allow you to practise on those first few trades and get any early mistakes out of the way before you risk your own money.
Huge forex bonuses
This way, when you eventually start investing with your real money, you have more of an idea of what you are doing. I'll find you an awesome forex site in seconds. Ready to go?
No deposit bonuses
The term "no deposit" refers to the fact that you can open a forex no deposit account to benefit from a free money trading bonus. The purpose of this is to give the broker a promotional edge and attract new traders. A no deposit bonus means that you can trade on the platform before you decide whether or not to make a real money deposit.
Many forex brokers are offering this incentive. The amounts they offer will vary, and it will take time to search for the one that offers what you are looking for. In addition to the free bonus it is useful to find one that offers a demo account. This way you get lots of chance to practice before you risk your own money.
We spend our time reviewing the various brokers so if you don't have time to trawl through the best forex brokers, fear not! Our team are experienced in forex trading. They know what to look for, what makes a good broker and what you need. Select from our list of recommended brokers and choose the one that best suits your needs.
In this article, you will learn:
Why forex brokers offer no deposit bonuses the pros and cons of using this type of bonus tips for using your sign up incentive well
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.
How to use your bonus
When you open a forex account, you should have a clear trading strategy. You might find that those that offer forex bonuses don't provide a demo account and vice versa. If you can find one that provides both and ticks all of your other boxes then this gives you a good start. So how should you use your forex no deposit bonus?
Testing the platform
While you may be able to sign up for a free demo account and should if, given the opportunity, there is nothing like trading on the live platform, making real trades. The no deposit forex bonus allows you to try out the desktop and mobile versions of the site before you deposit your funds.
Comparing brokers
You may be stuck between two brokers and struggling to decide which one is for you. If they both offer a no deposit bonus, you can try them both to see which one you prefer. That way you haven't had to spend your money to find out which best suits your requirements.
Try something new
If you have experience in trading the USD/GBP for example but not the USD/AUD, then you may want to use your free bonus to try this new currency pair. You may be used to investing in the more major pairs and fancy trying a pair where you might get a greater spread. Tropical pairs, as they are called, are often very profitable.
Practise early trades
While a no deposit bonus won't be huge, it does allow you to practise on those first few trades and get any early mistakes out of the way before you risk your own money. This way, when you eventually start investing with your real money, you have more of an idea of what you are doing.
You can use the demo account to get used to trading on the platform and then you can use the bonus to make live trades. This is all before you even consider touching your own money. The two complement each other to provide you with the best trading experience.
I'll find you an awesome forex site in seconds. Ready to go?
What type of device do you trade on?
What style of financial bonus suits you best?
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I'm checking 75+ sites to find your best match.
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.
Why brokers offer deals
Forex bonuses are probably the most significant promotion that a forex broker offers. Along with this form of incentive you will also see match deposits, demo accounts, refer a friend and several other incentives. They are all designed to give the broker the edge and make them stand out from all the other companies. It can be a very competitive environment with everyone trying to corner the market and be the best.
The trouble is there is only so far that they can go. While one broker might offer a massive no deposit forex bonus, another broker might provide an excellent demo account. When looking for the right broker for you there will be many different choices with quite a complex range of forex bonuses. From $5, $10, $20, $25 to amounts stating "up to $1,500" bonus, it can be hard to know where to begin. Each broker tries to differentiate themselves in any way they can.
This is good news for you as a trader. It means that there is plenty of choices when you are searching for the perfect broker. If you can find a broker that offers a forex no deposit bonus to use on your live account, a demo account, and one that has a mobile app and a website that provides plenty of education tools then you have pretty much everything you need. Of course you must make sure that they are trustworthy and reliable as well.
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 |
GEMFOREX | 30,000 JPY no-deposit bonus (in japanese) | 30,000 JPY | jan/05/2021 |
GICM | $25 no deposit bonus | $10 | 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 |
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 |
PROFITTO | $30 no-deposit bonus | $30 | jan/29/2021 |
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 |
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 |
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 |
Latest promotions:
Extra promotions:
Trader
Topfx - $50 no deposit bonus scheme
Trader
40 usd no deposit bonus ! Https://panel.Coinofa.Com/
Trader
Atlasforex - $50 no deposit bonus
Trader
Looking for powefull platform and leveraged crypto trading ? Https://www.Binance.Com/en/register?Ref=*****
use this refferal link, and get 10% kick back.
Trader
Hello everyone , I try this company bonus and make many withdrawal from it trader
Profitto ltd - $30 USD no deposit bonus
Malaysia and indonesia only ;
bonus end date/time 29th january 2021 11:59:59 GMT +8 ;
https://www.Profittoltd.Com/no-deposit-bonus/
Trader
GEMFOREX - 30,000 JPY no deposit bonus
Trader
Templerfx - no deposit bonus 30$!
Trader
Xm babbling broker. Big scammer rejected my withdrawal 27.90$
Trader
Cooin.Io - $20 crypto no deposit bonus
Trader
Ronex - $20 crypto no deposit bonus
Trader
Gannmarkets - welcome bonus 30 USD
Trader
Https://lirunex.Com/promotion/#iphone
Trader
Milton markets - welcome bonus $50
Withdrawal conditions: 10lots of transactions completed after deposit ;
https://miltonmarkets.Com/promotion/
Trader
Instaforex - $2000 startup no-deposit bonus
Trader
Freshforex - 300 USC no deposit bonus
The promotion is valid from december 11, 2020 to january 31, 2021 ;
https://freshforex.Com/company/news/news_35202.Html
Trader
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.
Register on: https://xtreamforex.Com/no-deposit-bonus/
Arcond
Etiq markets - $77 forex no deposit bonus ' grab n go "
Bonus expires after 3 days ;
https://cdn.Livechat-files.Com/api/file/lc/att/11798601/d006ebb837cfffda198096e98e7e0b6f/$77%20english.Jpg
Arcond
Exclusive markets - $50 forex no deposit bonus
Japanese clients ;
https://exclusivemarkets.Com/jp/promotions/welcome-bonus
Arcond
Justforex - $30 XMAS no deposit bonus
Ending date: december 31, 2020 ;
https://justforex.Com/trading/promotions/xmas
arcond
Trader
GICM IS OFFERING >>>
get A social promotion bonus $2
THROUGH THIS LINK BELOW
https://www.Gicmarkets.Com/promotion/no-deposit-bonus
please visit the link to get special offers at GIC markets
Arcond
Bitterz - $50 crypto no deposit bonus
Campaign period : 020/11/27 (fri) 15:00:00~2020/12/6 (sun) 14:59:59 (UTC+0)
https://bitterz.Com/en/news_topics/4
Arcond
Fxoptexgroups - $30 no deposit bonus
Https://fxoptexgroups.Com/promotions.Html
Arcond
Vistaforex - $123 forex no deposit bonus
The maximum total profit available for withdrawal is 300% of welcome bonus (equal $369).
Https://vistaforex.Com/en/123-welcome-bonus
Trader
No deposit bonus 50 usd klik now.
Arcond
TNFX - $50 welcome bonus no deposit
Profits are withdrawable without any conditions .
Https://www.Facebook.Com/permalink.Php?Story_fbid=2883457335014876&id=1400694689957822&_rdc=1&_rdr
Arcond
IFGM - $100 forex no deposit bonus
Only available to australian residents.
Trader
Vantagefx bonus when download app singup
https://app-register.Vantagefx.Com/vau/h5/register/register.Html
Arcond
Topfx - $50 no deposit bonus
Https://legal.Topfx.Com.Bm/pdfs/nodepositbonus-topfxbm20190702.Pdf
Arcond
IFGM - $100 forex no deposit bonus
Https://ifgm.Com/files/IFGM-100-welcome-bonus.Pdf
Arcond
Justforex - test drive welcome bonus $30
The bonus is available to malaysian and indonesian clients only
https://justforex.Com/landing/30welcome-bonus
Trader
Forexchief - no deposit bonus $50
Profit can only be withdrawn after trading turnover on the account reaches 5,000,000 USD (SELL 5 lots USDJPY ( . ) = 1,000,000 USD ) ;
https://www.Fcxchief.Com/id/services/no-deposit-bonus/
Trader
This is NDB 30$ https://justforex.One/id/landing/tradeformers-contest
Arcond
Fullerton markets - $30 diwali NO DEPOSIT bonus
Only malaysian and indian clients.
Ending date: november 30, 2020
https://offers.Fullertonmarkets.Com/ms/diwalibonus2020
Arcond
Clubfx - $30 welcome bonus
Https://clubfx.Com/promotion/welcome-bonus
Arcond
MFM securities - $50 no deposit bonus
Https://www.Mfmsecurities.Com/no-deposit-bonus
Trader
Tigerwit no deposit bonus
get 25$ for signing up plus 20$ cash red for using the link below https://global.Tigerwit.Com/
account must be fully verified to get your bonus
Arcond
SFEX - $50 welcome no deposit bonus
Https://www.Sfex.Vip/activity/donatemoney/language/en-us
Arcond
FXTRB - $50 no deposit bonus (for thai client)
Https://www.Facebook.Com/trbthailand29/photos/a.116647480116947/159730459141982/
Trader
W.L.Limited - free $50 no deposit bonus
Https://wl-fx.Com/campaign.Html
Trader
All non deposit forex brokers are scam. Especially grand capital I made profit of 1180 USD. They say asking me to pay the same amount into the account or they will cancel the bonus I didn't get my money there's no point trading with grand capital they are thieves. This is my email. I have video and screen shot of all my trade in 5 days from 590usd bonus to 1680usd. Before the block me access to my account. Grand capital are scam and thieves.
Trader
Grand capital required a deposit of the same amount made on profit. I made 1180 from 500usd no deposit bonus. They stole my money.
Arcond
Templerfx - 30$ no deposit bonus
Https://templerfx.Com/en/promotions/no_deposit
Arcond
VT markets - $50 no deposit bonus
+ $200 credit when client’s live trading account is funded by a minimum of $500
https://www.Vtmarkets.Com/clients/promotion-offers/welcome-bonus/
Arcond
Fideliscm - $100 FREE no deposit bonus
Applicable for india, srilanka, malaysia, pakistann thailand, vietnam, turkey and UAE
https://www.Fideliscm.Com/promotion/100usd-no-deposit-bonus/
Arcond
Noor al mal - 50 USD no deposit bonus
Ending date: december 31, 2020
https://www.Nooralmal.Com/cc19/en
Arcond
Cubeglobal - $20 no deposit bonus
Https://cubeglobalfx.Com/no-deposit-bonus
Arcond
GFX X muculada - $ 50 forex no deposit bonus
The promotion is limited to the first 100 clients
https://www.Facebook.Com/gfxtrainingc/photos/a.102936888215418/125199172655856
Arcond
Corsa capital - fixed welcome bonus worth $100
Https://www.Corsaforex.Com/corsa-fixed-bonus
Bestforexbonus
Thank you!
AM broker - listed as deposit (it requires $10 deposit, which makes it rather a 500% deposit bonus)
https://www.Bestforexbonus.Com/node/13190
Arcond
AM broker - $50 no deposit forex bonus
The maximum profit you can withdraw is 100$.
Https://www.Ambroker.Com/en/no-deposit-forex-bonus/
Arcond
Traders trust - 100 no deposit bonus
Https://traders-trust.Com/100-no-deposit-bonus/
Trader
As a matter of opinion: 99% of new or even experienced traders wiped out their account within six months after deposit, most NDB given by brokers here are useless or not in anyway would help to traders, most conditions given are very hard to achieve or unreasonable. You must chose NDB only from brokers that has reasonable conditions and should not have time limit. Trading is one of the most difficult profession in the world, its not gambling that you just based on luck, it requires skills to be consistently successful.
Arcond
Hi ! From ROMANIA . Good luck .
Promax - welcome bonus $50
Profit earned with welcome bonus will be credited to live account
to transfer the profit, client must deposit at least $50 in the trading account
https://promaxtrading.Com/welcome-bonus/
Trader
ARCOND YOU ARE GREAT, KNOW IT .
SAY HI! FROM ARGENTINA BUENOS AIRES
Arcond
Atlasforex - $50 no deposit bonus
Need to trade 50 lots in 30 days
the maximum withdrawal limit if $200
https://www.Atforex-markets.Com/campaign
Arcond
JQL markets - $100 no deposit bonus
Claim bonus at [email protected].
Deposits within a week to get DOUBLE bonuses!
Only profits can be withdrawn
https://jqlmarkets.Com/promotions.Php
Arcond
Exaprofit - PREMIUM , no deposit bonus account
100 USD no deposit bonus
https://exaprofit.Com/accounts/premium
Bestforexbonus
Thank you arcond,
great inputs!
Arcond
Just perfect markets - $1000 no deposit bonus
Maximum limit to make profit is $2000.
Lots are calculated using the following formula: $1000/2 = 500 standard lots to complete.
Https://justperfectmarkets.Com/promotions/perfect-1000-no-deposit-bonus/
Bestforexbonus
Thank you arcond!
(send you an email last week, wonder if you had a chance to review it).
Arcond
PPM PRIME - $40 trade no deposit bonus
Ending date: december 31, 2020
profits – you will have to trade 20 standard lots in order to get eligible for withdrawal request
https://www.Ppmprime.Com/40-free/
Bestforexbonus
Arcond
Fortfs - $100 no deposit bonus
Promo date: august 28, 2020
offer is applicable: all traders
trade 75 lots for USD or EUR accounts
withdrawal of up to 100 USD
https://www.Fortfs.Com/en/promotion/promo-actions/no-deposit-bonus-100
Trader
All brokers in this list scams don't wast your time
Trader
Scam scam scam!
Tigerwitex scam!
Trader
Trader
FBS is not a scam, pls check this post:
https://www.Bestforexbonus.Com/node/10495
Trader
Tigerwit rules abaout $25 no deposit bonus
https://global.Tigerwit.Com/
point number 8 is bad .
=================
sory , indonesian translate
Untuk mendapatkan bonus tersebut, syarat dan ketentuan berlaku yaitu:
1. $25 akan diberikan pada saat registrasi pertama kamu di tigerwit, dan akun anda harus sudah di approve oleh kami. Bonus ini hanya diberikan sekali saja.
2. $25 yang akan diberikan dapat ditarik apabila telah menyelesaikan transaksi sebanyak 3 lot.
3. Promosi ini tidak berlaku untuk pihak ketiga.
4. Promosi ini tidak berlaku pada produk USD/CHY, index, saham, dan kripto.
5. Bagi pengguna yang melanggar persyaratan di atas, akan segera di diskualifikasi dari program ini. Bonus akan ditarik dari akun pengguna.
6. Tigerwit mempunyai wewenang penuh atas program ini dan memiliiki hak untuk mengubah syarat dan ketentuan dan lainnya sewaktu-waktu.
7. Promosi ini hanya berlaku 30 hari semenjak 14/07/20 – 14/08/20.
8. Apabila pengguna yang telah mendapatkan bonus sebesar $25 dan tidak
pernah melakukan deposit selama 3 bulan, maka bonus tersebut akan di hilangkan dari akun pengguna.
Trader
After weeks of turmoil and sadness that gtoptions brought upon me and my family after I lost GBP110,000. I was introduced to this guys at geminihacks -.- cohm they are the best and helped me recover all of my funds without any hassle in 48hours, I am so happy doing this because I know how many people would benefit from this useful information.
20 best forex bonuses for 2020
As forex trading goes mainstream attracting forex trade enthusiasts, brokers get to understand that it is not enough to have a solid reputation of trust and reliability. They need to incentivize traders into registering with them, and most have found huge success introducing bonuses; both for no-deposit welcome bonus and initial or recurrent deposit bonuses.
In this post, we review the best forex brokers with the highest deposit bonuses, and also explain what it takes to unlock these benefits. These are often expressed in percentages of the deposit amount. Our approach to the high bonuses subject is holistic and extends way beyond the bonus to touch on aspects of the forex broker reputation like the ease of doing business with them, and their reliability.
On this page:
Best overall forex bonus
We’ve analysed all the forex bonuses in the market and found the following broker to have the best welcome offer, bonus terms, platform, usability and regulation. Click the link below to claim your bonus or read on to find out why this is our top choice.
1. Plus500: $25 bonus for customers outside of europe (best for south african traders)
Plus500 is a well-regulated forex broker holding licenses from the cysec, FCA and listed on the london stock exchange.
This broker offers a fantastic forex trading platform where investors can trade on 60+ forex pairs including the most popular forex pairs like EUR/USD, GBP/USD and EUR/GBP with leverage up to 1:30. They offer a very low minimum deposit of $100, which means your forex account can be worth up to $3,000 if using leveraged positions.
Their platform also counts with various advanced trading tools such as stop loss and stop limits, to ensure full customization and control over your forex trades, and minimize losses, a factor that is very important especially when using leverage. Plus500 also offers free forex signals and indicators as well as access to advanced charts and educational resources.
Plus500 offers low spreads starting from 1.9 pips on forex trading, and the account opening process is smooth and hassle-free.
Plus500 is currently offering a $25 free bonus to all traders outside of europe on forex trading. This bonus is available when you deposit the minimum required amount on the platform and open your account using this link. The welcome offer is only available to new customers, and the terms and conditions apply (check your country is eligible for the bonus before depositing). The offer is available to redeem within 90 days. Click the link below to claim your bonus today.
Plus500: claim your free £/€/$25 forex bonus
- Free $/£/€25 bonus for new clients
- Fully regulated forex broker
- $/€/£100 minimum deposit
Best US forex bonuses
Even though the number of US forex brokers delivering access to the financial markets is rising, the actual number of companies offfering their services for US customers and residents is a number that has barely moved through the years.
If you are interested in starting a career in the forex market and you are a citizen or a resident of the US, check out these brokers below, all offering fantastic bonuses for american traders.
1. Libertex – 100% welcome bonus
Libertex rewards new traders a 100% welcome bonus for every deposit over $100. While the minimum deposit amount to receive the welcome bonus is $100, the maximum bonus amount is $10,000. Libertex welcome bonus will be paid over the course of 90 days in 2% payment chunks. A user simply needs to register for a trading account and fund the account with the minimum amount of $100 in order to get the libertex welcome bonus.
The converted bonus gets paid to your trading account and you are free to withdraw or trade with this money, however, libertex maintains basic requirements for rewarding its new traders. Whenever a trader reaches a certain percentage of the bonus earned, libertex pays the converted bonus to the trader’s account.
2. Forex.Com – $50 bonus
If you are interested in trading in the US, you see yourself being rejected by most european brokers due to tight requirements needed for americans. If this did not make you drift towards a different asset class you might want to consider opening a trading account with forex.Com. The firm might not offer any of the marketing tools and benefits from the majority of firms in europe, but in exchange, you will gain access to one of the most respected and stable forex brokers in the world.
As a symbolic benefit, forex.Com offers a one time bonus of $50 per user after they’ve deposited at least $250 to start their own account. This might not sound like much but considering the fact that it is an american broker, it is more than I would have ever expected!
3. Paxforex- 100% loyalty deposit bonus
Paxforex rewards new and existing clients 100% deposit bonus for every deposit over 1200$. The bonus will be paid over the course of one year and the first payment will be sent to your account as soon as your deposit clears. Paxforex will match your deposit in bonus money which will be divided by 12 equals parts and granted every month. The bonus amount can be used only for trading and cannot be withdrawn. Paxforex has a limitation of $10,000/EUR 9,000 on the total deposit bonus amount on one forex account.
Best non-U.S. Forex bonuses
If you are outside of the U.S, there are a number of well-regulated brokers offering attractive welcome bonuses for all forex traders. Below, we list the top fx bonuses for traders in europe and rest of the world. Be sure to read the broker’s terms and conditions before you deposit to ensure the bonus is suitable for your needs.
1. Global pro trader – 100% bonus on FTD via card, 150% bonus on FTD via crypto
Global pro trader rewards traders with 100% bonus on first time deposit (FTD) via card and 150% bonus on first time deposit (FTD) via crypto. Note that, the bonus is only available to one account and cannot be transferred between accounts. It also has a minimum trading volume of the bonus amount divided by 4 in order to withdraw bonus funds. The bonus and profits made on the trading account can be withdrawn once the minimum trading requirements have been fulfilled.
More importantly, the bonus can be redeemed once a trader has executed 30 standard lots for every $1000 bonus, within 60 days (44 market days) of receiving it. To qualify for the globalprotrader bonus, traders must complete the registration process and deposit funds through credit card or cryptocurrency.
2. Avatrade- welcome bonus up to $16,000
Avatrader is also keen on incentivizing individuals who wish to open trading accounts with them by offering deposit bonuses of up to $16,000. Unlike most other forex brokers who express their deposit bonus as a percentage of the deposit amount, avatrader maintains a graduated scale for rewarding its new traders. Individuals interested in their platform can use the online calculator on the avatrader website to determine the bonus attributable to their initial deposit. The bonus is however only available to new trading accounts that deposit a minimum 1000 units of their preferred base currency (USD/GBP/EUR). To move the credited amounts to the withdrawable balance side, you must execute a trading volume 10,000 times your deposit within six months.
3. Easy markets- 50% deposit bonus
Easymarkets rewards anybody who opens a trading account with them with up to 50% bonus on their first deposit amount. This is only applicable to new accounts that receive the upwards of $100 as initial deposit. The graduated bonus scaling technique rewards 30% bonus for deposits below $200 and 50% for initial deposits between $200 and $1000 while the rest, above $1000, get a 40% burp as a bonus. The broker has set the maximum allowable bonus per account at $2000. Unlike most forex industry insiders that avail the bonus for withdrawal after a target volume of trade, easymarket’s bonus is not withdrawable. There is however no restriction to profits earned by trading the bonus amount.
4. FXTM- up to 30% welcome bonus
The percentage of deposit bonus reward by forex time (FXTM) brokers depends on your geographical region. For instance, FXTM clients hailing from south east asia and the greater china region are eligible for a deposit bonus of up to 30% and a maximum amount of $100. FXTM trading account clients in africa will also get back 30% of their deposit amounts with the maximum amount allowed capped at $300. Traders in the middle east who open and fund a trading account with FXTM will get back 10% of their deposit amounts and a maximum of $300. To qualify for the bonus, the trader must complete their trading account registration and verification and also fund their respective account with the minimum deposit within six months.
5. Instaforex- 100% deposit bonus
Instaforex offers one of the widest ranges of deposit bonuses to its clients, depending on the trading accounts opened with the broker. The most popular in the 100% marching bonus to initial deposit made to any trading account. The broker also gives out a 30% bonus for all other subsequent deposits with instaforex club accounts receiving a 40% bonus. There is also the 50% chancy deposit bonus that is given once a month for deposits exceeding $3000. They also have a promotional 55% deposit bonus program for all accounts opened after june 2013. Withdrawing profits derived from the deposits with broker’s bonus is allowed but the credited deposits amounts will only be moved from the credit to the balances section once the trader hits the required trade volume limit.
6. FP markets- 20% credit bonus
FP markets rewards its traders with a 20% initial deposit bonus that is credited to their trading account. Qualifying for the bonus starts by completing the trader verification process and funding an account with an initial deposit of between $100 and $25,000. Note that, this is only available to traders maintaining the standard, raw MT4, and MT5 trading accounts. It also has a maximum allowable bonus amount set at $5000. While the amounts may be used to cover drawdowns, it will only be activated in the case of negative balance. Profits from the bonus amount can be withdrawn freely but you have to fulfill the required trading volume requirements to convert the bonus into cash.
7. Octa FX- 50% bonus on each deposit
Octafx offers a deposit bonus of up to 50% on all deposits above $50 regardless of the currency base or preferred payment system. This is available to all the trading accounts hosted by the broker, including ECN accounts. The trader is however at liberty to decide the level of bonus they prefer (below 50%) when making their deposit as this plays a key role in affecting the trading volume required to activate the credited amounts and transferring them to the withdrawable balance section. Additionally, the bonus can be traded on different platforms, including metatrader accounts integrated with an expert adviser. Profits can be withdrawn without restrictions, but withdrawing the deposit amounts below the level of the credited amounts cancels out the bonus.
Factors to consider when choosing forex deposit bonus
Before requesting for the 100%+ bonus or cash rebates, there are a few factors you need to consider. These are all contained in the fine print of the broker’s terms and conditions, and touch on how you interact with the ‘free trading money’ and its impact on your actual deposit. They include:
Size and impact on your trades
Ideally, the higher the deposit amount you request the larger the impact it has on your trades. For instance, some brokers will set a minimum or maximum lot size that you can execute as long as the deposit amount remains active. More importantly, the larger the advanced amounts, the higher the trading volume lots required to convert it into cash.
Flexibility and adaptability
To what extent can you use the deposit amounts or the profits accrued from its use? Can it be used to shield against negative balances? How easy is it to withdraw the profits derived from its trade or do you need to fund the account to activate it like in the case of no-deposit bonus? Pay attention to these details when reading through the terms and conditions a broker has attached to their bonus and only accept it if you consider them tolerable.
Time limit to trade volume execution
If you accepted a 20% bonus on a $1000 deposit that requires a trade of 10x the deposit amounts to release $1 of the bonus to your account, you will have to execute trades worth $2,000,000 before the full bonus amount is converted into cash. This explains why a majority of traders taking up bonus offers never get to enjoy them. Plus the higher the bonus amount, the larger the trading lots and the longer it will take to execute them. Take this into account and only take it if you consider the trade volume and the time given to be reasonable.
Should you accept a forex bonus?
Deposits bonus play a key role in helping advance your profitability. While all these forex brokers treat the bonus as a credit advance, they don’t restrict the use of any profits derived from its use. Most will also give you a chance to win and claim it as cash as long as you fulfill their set conditions that revolve around limiting the withdrawal of your deposit, as well as, executing enough trades.
You, however, have to be careful when interacting with the free deposit bonus. Take time to vet a forex broker, paying attention to how they disburse and handle credited bonuses. Consider brokers with flexible deposit bonuses that cover drawdowns and allow for the unconditional use of profits accrued from their trading the bonus. Avoid the rest whose credited amounts won’t cover drawdowns.
Other types of forex bonuses available
Forex no-deposit bonus: this refers to the deposit awarded to a trader for every account opened with the forex broker. It is credited to the trader’s account and is not withdrawable until a set of terms are fulfilled. These are perfect for testing the effectiveness and transparency of the forex broker.
Forex welcome bonus: this is advanced to new traders who open an account with a broker, regardless of whether they make the first deposit or not. It may, therefore, double up as a no-deposit or initial deposit bonus. The difference between the two is that while most brokers offer a no-deposit bonus to multiple accounts by the same client, most will only advance the welcome bonus to a client once regardless of the number of accounts opened.
Cashback (rebate) bonus: this works like the recurrent deposit bonus with the only exception that the rebate bonuses are offered in terms of specific amount and not as a percentage of the deposit. For instance, a broker may award $100 for every deposit a client makes above $1000.
Personalized/VIP bonus: this is a specialized type of bonus advanced to a selected group of clients. In most cases, VIP bonus is advanced to high volume traders operating special types of accounts and their terms are also more favorable.
Loyalty bonus: loyalty bonus is set aside by forex brokers for their distinguished existing clients. In most cases, the broker establishes a loyalty program that rewards traders with points for every trade or lot executed. Traders are then promised a cash bonus upon hitting a particular milestone.
Criteria we used to rank forex bonuses
Deposit bonuses are gradually evolving into one of the most critical factors enthusiastic traders put into consideration when deciding the broker to invest with. This has allowed most brokers of ill repute to lure innocent traders and entice them into making a deposit with them with the promise of huge but complicated deposit bonuses. We have however taken time to sort these out and present to you only the most reputable and highly reliable industry operatives. Safe for high deposit bonus and reputation, other factors we put into consideration when vetting the forex brokers include:
- Regulation
- Minimum deposit amounts
- Flexibility (withdrawable profits and ease of conversion to cash)
- Brokers with low spreads
- Risk management tools
Conclusion
There is a huge number of forex bonuses available in the market, and choosing the right one based on your country, legislation, budget and trading needs is crucial. Forex bonuses are a great way to get started if you have a limited budget, or if you want to grow you account. However, it is important to keep in mind that even though a bonus might look like a great benefit to have, in most cases it is simply used as bait to attract and lure inexperienced investors and traders, so we urge you to read the broker's terms and conditions carefully before depositing funds in hopes of receiving a bonus which may not be suitable for you.
Plus500: claim your free £/€/$25 forex bonus
5 trading apps with free bonuses
Who doesn’t love a great bonus? We do. We’ve complied the best trading apps with free bonuses so that you can start your trading off with a bang.
Let’s have a look at the best free bonus trading apps.
1. Moomoo
Best for: US stock traders & investors
Bonus: 3 free stocks (up to $1,250)
Moomoo offers a great free bonus offer for new registrations. You can grab 3 free stocks valued up to $1,250.
2. Currency.Com
Best for: crypto traders
Bonus: up to $100
Currency.Com is a free, regulated trading app which gives you a random bonus of up to $100 USD value when you sign up, complete verification and make a deposit.
3. Coinbase
Best for: cryptocurrency enthusiasts
Bonus: $10 free bitcoin
Free bitcoin? Why not! Coinbase offers a $10 free bitcoin bonus offer to new registrations who use an invite link to sign up. The bonus is deposited into your coinbase account.
You have to trade at least $100 of cryptocurrency to get the $10 bonus. After you get the bonus, you can trade it or withdraw it to your bank account or paypal.
4. Webull
Best for: US traders
Bonus: 2 free stocks (up to $1,400)
Webull is a popular alternative commission trading app. When you deposit any amount, you will get 2 free stocks worth up to $1,400 – cool right? The difference between this bonus is the value – it’s up to a huge $1,400. Will you be lucky? Find out by grabbing your free stocks today.
You can sell the free stocks and withdraw them directly to your bank account.
Best for: anyone
Bonus: free VPN
XM is one of the world’s leading CFD trading apps. They’re currently running a neat promotion which gives you a free trading VPN – don’t miss out on it! Sign up for a free XM account today.
Summary
There are a ton of awesome free bonuses on trading apps, it’s hard to choose the best ones, but these are our personal favourites.
There’s no limit to how many bonuses you can redeem you can get, so why not try them all?
Here’s our final roundup of the best free bonus trading apps.
- Currency.Com: best overall
- Moomoo: best for advanced traders
- Coinbase: best for cryptocurrency traders
- Webull: best for US traders
- XM: best for everyone
Have you seen any other awesome free trading bonuses? Let us know in the comments!
About us
Trading apps is your trusted guide to the world of trading on mobile applications. We test and review hundreds of trading apps to bring you the best. Learn more about us on our ‘about‘ page.
No deposit bonuses
The term "no deposit" refers to the fact that you can open a forex no deposit account to benefit from a free money trading bonus. The purpose of this is to give the broker a promotional edge and attract new traders. A no deposit bonus means that you can trade on the platform before you decide whether or not to make a real money deposit.
Many forex brokers are offering this incentive. The amounts they offer will vary, and it will take time to search for the one that offers what you are looking for. In addition to the free bonus it is useful to find one that offers a demo account. This way you get lots of chance to practice before you risk your own money.
We spend our time reviewing the various brokers so if you don't have time to trawl through the best forex brokers, fear not! Our team are experienced in forex trading. They know what to look for, what makes a good broker and what you need. Select from our list of recommended brokers and choose the one that best suits your needs.
In this article, you will learn:
Why forex brokers offer no deposit bonuses the pros and cons of using this type of bonus tips for using your sign up incentive well
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.
How to use your bonus
When you open a forex account, you should have a clear trading strategy. You might find that those that offer forex bonuses don't provide a demo account and vice versa. If you can find one that provides both and ticks all of your other boxes then this gives you a good start. So how should you use your forex no deposit bonus?
Testing the platform
While you may be able to sign up for a free demo account and should if, given the opportunity, there is nothing like trading on the live platform, making real trades. The no deposit forex bonus allows you to try out the desktop and mobile versions of the site before you deposit your funds.
Comparing brokers
You may be stuck between two brokers and struggling to decide which one is for you. If they both offer a no deposit bonus, you can try them both to see which one you prefer. That way you haven't had to spend your money to find out which best suits your requirements.
Try something new
If you have experience in trading the USD/GBP for example but not the USD/AUD, then you may want to use your free bonus to try this new currency pair. You may be used to investing in the more major pairs and fancy trying a pair where you might get a greater spread. Tropical pairs, as they are called, are often very profitable.
Practise early trades
While a no deposit bonus won't be huge, it does allow you to practise on those first few trades and get any early mistakes out of the way before you risk your own money. This way, when you eventually start investing with your real money, you have more of an idea of what you are doing.
You can use the demo account to get used to trading on the platform and then you can use the bonus to make live trades. This is all before you even consider touching your own money. The two complement each other to provide you with the best 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.
Why brokers offer deals
Forex bonuses are probably the most significant promotion that a forex broker offers. Along with this form of incentive you will also see match deposits, demo accounts, refer a friend and several other incentives. They are all designed to give the broker the edge and make them stand out from all the other companies. It can be a very competitive environment with everyone trying to corner the market and be the best.
The trouble is there is only so far that they can go. While one broker might offer a massive no deposit forex bonus, another broker might provide an excellent demo account. When looking for the right broker for you there will be many different choices with quite a complex range of forex bonuses. From $5, $10, $20, $25 to amounts stating "up to $1,500" bonus, it can be hard to know where to begin. Each broker tries to differentiate themselves in any way they can.
This is good news for you as a trader. It means that there is plenty of choices when you are searching for the perfect broker. If you can find a broker that offers a forex no deposit bonus to use on your live account, a demo account, and one that has a mobile app and a website that provides plenty of education tools then you have pretty much everything you need. Of course you must make sure that they are trustworthy and reliable as well.
Free crypto sign up bonus 2020
On this page you find the best free crypto sign up bonus for 2020. We list all the best bitcoin bonuses including no deposit bonuses.
Always remember that nothing comes completely for free. You are often asked to complete certain tasks or buy bitcoin as an initial deposit.
The best bitcoin trading sign up bonuses 2020
Here is a table with some of the best free crypto sign up bonuses for 2020.
If you need to buy bitcoin you should check out our various guides on how to buy bitcoin and cryptocurrencies .
*terms and conditions apply. Read more below.
Binance referral code: -20% on all commissions
Use our referral code for binance to get -20% on all trading fees and all commissions charged by binance.
Read our binance review for more information about the number one trading site.
Crypto.Com sign up bonus: $25 for free with the app
How to get $50 free from crypto.Com?
Complete KYC verification
Now you have $25 USD in CRO locked in your CRO wallet unlock the balance by staking at least 2.500 CRO for CRO visa card .
Crypto.Com sign up bonus: $50 for free with the exchange
How to get $50 free in CRO from crypto.Com exchange? (you can get up to $2000 if you stake even more)
- Sign up with crypto.Com exchange by clicking on our referral link (the blue button).
- Complete sign up
- Complete KYC verification
- Stake 5000 CRO (200 USD) on the exchange.
- Use referral code: mcmk7qgbhh
Morpher no deposit crypto bonus: $15 free
Morpher is a new trading platform that offers trading for ZERO fees and INFINITE liquidity.
Sign up and make a simple verification. It takes about 2 minutes.
To register for the airdrop you need to:
- Have a valid email
- Be over 18 years old
- Have valid ID to pass a KYC/AML check
- Live outside the united states
Webull sign up bonus: get your free stock valued up to $1400*
Webull offers 1 free stock for all new signups.
How to get your FREE stock?
Make your initial deposit of $100 or more and receive a free stock valued between $12-$1400.
Bybit sign up bitcoin bonus: up to $90 FREE
Get $5 when joining bybit´s social media channel
Get $5 when trying the TP/SL bracket order
Get up to $50 when doing your first deposit
Get $5 when completing a survey
Get $20 when you have deposited more than 1 BTC
Get $5 after actively trading for 10 days accumulative
Celisus network free bonus: get$20 FREE
Sign up and deposit at least $200 and hold it for 30 days.
Blockfi referral code: get up to $250
Blockfi is a platform for crypto borrowers and lenders to meet. Blockfi supply crypto loans for borrowers and crypto lending with interest for crypto lenders.
We promote blockfi as an bitcoin and ethereum investment platform as we use it as such.
Blockfi is running a special offer for october 2020. You have the chance to grab $25-$250 in bonus for free. You need to open an account and make a deposit into the blockfi account.
You need a special bonus link for this offer and you can find that in our article, how to sign up with blockfi and start earning interest .
Swipe referral code: get $1500
Swipe is a cryptocurrency platform that looks to form a bridge between the fiat and the cryptocurrency world. One of their product is the visa debit card that comes in different names/categories. Each category gives certain rewards and all is dependent on how much SXP you stake.
Swipe slate card referral code: PGGYGJ
Also, remember that you will earn staking rewards for your staking amount. In december 2020 that staking rewards are around 15% APY per year.
In addition, there are many benefits and rewards you can get with a swipe slate visa card .
We aim to only publish real offers from serious actors. If you think we have listed a potential scam please contact us immediately at info@cryptocoinzone.Com
We do our own research for every company we list and we have been investing in crypto scams throughout the years. We think we have developed a good eye to realize and recognize a scam or a potential scam. Always remember one important thing:
If you are the least suspicious, just leave it. You don’t have to invest in any company.
What is a crypto sign up bonus?
Many companies uses different kinds of offers or bonuses to attract new users. Crypto related business are no different and many have a welcome offer or sign up bonus to attract new users. We aim to list the best current crypto bonuses.
What is terms and conditions?
All bonuses and and welcome offers does involve some kind of terms and conditions. It simple means that the company wants something in return to give away a welcome bonus. That can be many different tasks but usually involves a KYC process to make sure there is no spam traffic. Other tasks that can be requested are social media tasks or start using the underlying platform and accomplish different tasks. Remember to always read the terms and conditions before you accept a crypto bonus.
Are there any risks involved with free crypto bonuses?
There are always scams and unserious companies that will ask for an initial investment. Always do your own research to make sure you minimize your risk to deposit into a sca. Try to avoid to make a first deposit into new companies with hidden founders and unprofessional websites. Also, new companies that promises unrealistic financial returns are most likely a scam. Do NEVER invest in a company that guarantee any kind of return over time. Many scams to guarantee a daily profit of something like 1% and that is, of course, a 100% scam.
Are there any risks involved with free crypto bonuses?
There are always scams and unserious companies that will ask for an initial investment. Always do your own research to make sure you minimize your risk to deposit into a sca. Try to avoid to make a first deposit into new companies with hidden founders and unprofessional websites. Also, new companies that promises unrealistics financial returns are most likely a scam.
What is a no deposit crypto bonus?
A no deposit crypto bonus is a welcome offer where the company doesn’t ask for a deposit in return to release the crypto bonus. These kind of crypto bonuses can seem to be less risky since it doesn’t involve deposits directly. However, be careful if its only an approach to get more details from you before they start to ask for more information.
Why dont you list bitcoin casino bonuses?
Casino companies have one thing in common, they try to take money from the people. We have one vision, try to maximize every personal wallet or investment. We only list bonuses and offers we believe can benefit you. Casino companies, are per definition, the opposite.
What is an airdrop?
An airdrop is a free distribution of a new token. The reason why an airdrop is beneficial is when a company believe they have created a useful product that the crowd can benefit from. In contrast to an ICO, you will get a community who can use your platform. An ICO only involve investors who are looking for profitable return but probably not to use the product, at least not as primary reason.
Fxdailyreport.Com
Beginners in forex have peculiar needs. It takes approximately 18 months of consistent coaching, mentoring and practice to be able to cross from the realm of being a beginner to the realm of being an intermediate-level trader. This fact was put across by the CEO of a UK-based proprietary trading firm. The question is: what does the beginner do for the 18 months that it will probably take to make that transition? A lot of practice on demo and live accounts as well as a lot of study of all kinds of materials that range from the actual trading process, to trader psychology will have to be done.
Notice that we have mentioned the fact that a lot of trading will have to be done, both on demo and on a live account. So traders will have to understand the kind of platforms that they will need to use in order to get a lot of learning from those platforms. This article describes the forex trading platforms that beginners will need to use to take their skills to the next level.
- Metatrader 4 (MT4)
Almost every retail forex brokerage offers the MT4 platform. If you are going into warfare, common sense reasoning dictates that you practice with the same weapon which you will have to use on the warfront, as no one goes into battle with an unproven rifle (or unproven skills for that matter). So if you are going to start off trading any real money, you simply have to start your learning journey with the MT4 platform.
Apart from the fact of practicing with the platform that will be encountered in live trading, the MT4 has certain features which will actually boost the trading skills of the beginner if used properly. Some of these features are as follows:
- The MT4 charts make for very easy reading and it does not take much to master how to use the various tools and graphical objects on the platform.
- The terminal window is loaded with tabs that are pure assets: a news bar for news trading as well as the markets, code base and signals tabs for accessing resources on the MQL4 community.
- An easy to use interface
- Usage of expert advisors.
The MT4 comes as a browser-based version known as the webtrader. You can also download the MT4 as a generic mobile app on the google play store and app store for ios-based devices. So for any beginner in forex, the MT4 is the 1 st trading platform that you must acquaint yourself with.
Top forex brokers with metatrader 4 platform
Broker | info | bonus | open account |
---|---|---|---|
min deposit: $5 spread: from 0.2 pips leverage: 500:1 regulation: FSA (saint vincent and the grenadines), cysec | 50% deposit bonus, real contest 1st prize luxury car BMW X5 M, copy trading, trade&win. | Visit broker | |
min deposit: $1 spread: from 0 pips leverage: 3000:1 regulation: cysec, IFSC | $100 no-deposit bonus, 100% deposit bonus | visit broker | |
min deposit: $5 spread: from 0 pips leverage: 888:1 “*this leverage does not apply to all the entities of XM group.” regulation: ASIC, cysec, IFSC belize | “50% +20% deposit bonus up to $5,000, loyalty program bonus “*clients registered under the EU regulated entity of the group are not eligible for the bonus and the loyalty program” | visit broker | |
min deposit: $1 spread: from 0 pips leverage: 2000:1 regulation: FCA UK, cysec, FSP, bafin, CRFIN | 35% of the account deposit | visit broker | |
min deposit: $100 spread: starting 0 pips leverage: up to 400:1 regulation: FCA UK, NFA, CFTC, ASIC, IIROC, FSA, CIMA | visit broker | ||
min deposit: $300 spread: floating, from 0 pips leverage: 500:1 regulation: FCA UK reference number 579202 | visit broker | ||
min deposit: $200 spread: starting 0 pips leverage: 500:1 regulation: ASIC australia, FCA UK | visit broker | ||
min deposit: no minimum deposit spread: 1.2 pips leverage: 50:1 regulation: CFTC, NFA, FCA, MAS, ASIC, IIROC | visit broker | ||
min deposit: $100 spread: starting 0 pips leverage: up to 500:1 regulation: FCA UK, ASIC australia, MAS singapore | visit broker | ||
min deposit: $1 spread: fixed spread from 3 pips leverage: up to 1:1000 regulation: CBR, cysec and FFMS | 30% forex deposit bonus | visit broker |
- Metatrader 5 (MT5)
The MT5 is the next level platform in the metatrader platform series. While it retains many features of the MT4, there are some enhancements and outright changes that have been included. There is still a lot of confusion as to what metaquotes really wants to do with the MT4 and MT5. Initially launched as a replacement for the MT4, the MT5 has found it hard to achieve the kind of market penetration that the MT4 got. So metaquotes seems just content with allowing retail brokers run along with both platforms. Some forex brokers have tried to push the usage of the MT5 by only allowing certain trading assets on the MT5. So it is not surprising that you will see some brokers offering only stock cfds or cryptocurrencies on the MT5 platforms they offer.
Best MT5 forex brokers
broker | info | bonus | open account |
---|---|---|---|
min deposit: $5 spread: from 0.2 pips leverage: 500:1 regulation: FSA (saint vincent and the grenadines), cysec | 50% deposit bonus, real contest 1st prize luxury car BMW X5 M, copy trading, trade&win. | Visit broker | |
min deposit: $1 spread: from 0 pips leverage: 3000:1 regulation: cysec, IFSC | $100 no-deposit bonus, 100% deposit bonus | visit broker | |
min deposit: $5 spread: from 0 pips leverage: 888:1 “*this leverage does not apply to all the entities of XM group.” regulation: ASIC, cysec, IFSC belize | “50% +20% deposit bonus up to $5,000, loyalty program bonus “*clients registered under the EU regulated entity of the group are not eligible for the bonus and the loyalty program” | visit broker | |
min deposit: $1 spread: from 0 pips leverage: 2000:1 regulation: FCA UK, cysec, FSP, bafin, CRFIN | 35% of the account deposit | visit broker | |
min deposit: $200 spread: starting 0 pips leverage: 500:1 regulation: ASIC australia, FCA UK | visit broker | ||
min deposit: $1 spread: fixed spread from 3 pips leverage: up to 1:1000 regulation: CBR, cysec and FFMS | 30% forex deposit bonus | visit broker | |
min deposit: $100 spread: from 0,2 pips leverage: 1:200 regulation: FCA UK (#186171), cysec (#259/14), CIMA (1442313) and DFSA (F000048) | 10% welcome bonus up to $5,000 | visit broker |
So once a beginner is through with the MT4, the next best platform to master would be the MT5. The similarities between both platforms will enable easier mastery of the MT5. Just like the MT4, the MT5 has a web-based version and also comes as a generic mobile app which can be downloaded from the android and google play stores.
- Ctrader
This platform from spotware systems is a trading platform that introduces beginners to ECN trading conditions. It goes hand-in-hand with the calgo, which is the platform used to build algorithms used on the ctrader. The ctrader enables the trader to make multiple exits on a forex position, and also allows the viewing of the market depth on a broker’s order books. The beginner can also perform deposit and withdrawal transactions within the platform interface.
The ctrader has a desktop and web-based version. The web-based version loads quite easily, and also has a new feature introduced into the latest version: the “ctrader copy”. This is the social trading product of ctrader, and allows the beginner to copy the trades of successful traders from within the ctrader platform itself! This is a stunning innovation and has taken the concept of social trading to another level.
Ctrader copy platform
Even though the interface of the ctrader is a bit more difficult to get around than the MT4, the beginner can easily rearrange the interface to create a customized workspace setting.
- Etoro social trading
There is no way we can conclude a discussion on the best forex trading platforms for beginners without mentioning a social trading platform. Etoro’s social trading platform happens to be the one best suited for beginners. Its simplicity, ease of use, light nature (it is web-based) and provision of leader selection metrics that are easy to use, makes this the go-to social trading platform for beginners.
Beginners can select assets to make up a watchlist, and they also get access to a well-arranged format of selection of leaders whose trades can be copied. Of particular importance is the risk score, which is probably the most important metric that should be considered by beginners when selecting a leader. The risk scoring system of etoro is one of the best out there. It shows in clear figures and in graphical form, how conservative or how risky a leader’s traders are.
For beginners who want to start profiting from forex even as they continue to study the market, etoro’s social trading platform affords them such an opportunity.
Conclusion
The four platforms discussed above are the best forex trading platforms for beginners, and were compiled as a result of the writer’s 14-year experience in the forex market.
So, let's see, what we have: compare the best no deposit forex trading bonus deals in 2021. Check the top brokers and see how to get the biggest bonuses with no commitment. At best trading platform with free bonus
Contents of the article
- Huge forex bonuses
- No deposit bonuses
- How to use your bonus
- Why brokers offer deals
- forex no-deposit bonuses 2021
- Latest promotions:
- Extra promotions:
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- 20 best forex bonuses for 2020
- On this page:
- Best overall forex bonus
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- 1. Global pro trader – 100% bonus on FTD...
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- Factors to consider when choosing forex deposit...
- Should you accept a forex bonus?
- Other types of forex bonuses available
- Criteria we used to rank forex bonuses
- Conclusion
- 5 trading apps with free bonuses
- 1. Moomoo
- 2. Currency.Com
- 3. Coinbase
- 4. Webull
- Summary
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- Free crypto sign up bonus 2020
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- Binance referral code: -20% on all commissions
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- Morpher no deposit crypto bonus: $15 free
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- Bybit sign up bitcoin bonus: up to $90 FREE
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- What is a crypto sign up bonus?
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- Top forex brokers with metatrader 4...
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