Best bonus forex

Allow you trade with more money than you have deposited typically available to all traders who have yet to open an account you can usually use the bonus funds to trade any currency pair some bonuses are offered on a ‘no deposit’ basis claim a bonus with as many brokers as you wish etoro - buy and invest in assets commissions-free

Huge forex bonuses

The 10 Best Forex Bonuses for Traders in 2021, best bonus forex.

The 10 best forex bonuses for traders in 2021

Find the best forex bonus with thousands of forex brokers active in the online trading space, the industry has become somewhat oversaturated in recent years. This has subsequently forced platforms to become more and more competitive – with the view of standing out from the crowd. At the forefront of this is the offering of forex bonuses.

In a nutshell, forex brokers will offer a sign-up bonus to those that are yet to open an account. This normally comes as a matched deposit bonus, meaning that your initial deposit will be boosted by a certain percentage. In other cases, you might be offered a no deposit bonus.

If you’re keen to find out what forex bonuses are, how they work, and what you need to do to claim one – be sure to read our guide on the 10 best forex bonuses for traders in 2021.

Table of content

Etoro - buy and invest in assets commissions-free

Buy over 2,400 stocks, 16 cryptocurrencies, and 250 etfs without paying any commissions

Trade thousands of cfds

Deposit funds with a debit/credit card, e-wallet, or bank account and paypal

Perfect for newbie traders and heavily regulated

What is a forex bonus?

In its most basic form, a forex bonus is simply a promotion that brokers offer as a means to entice you to their platform. In most cases, the bonus will only be available to those of you that are yet to open an account with the platform in question. Although the bonus might cost the broker money in the short-run, it is hoped that you will remain at the platform long-term.

As such, forex bonuses are getting more and more generous in the online trading space. In terms of the fundamentals, forex bonuses normally come in one of two forms – a deposit bonus and a no deposit bonus. Regarding the former, this is where your first deposit will be matched by a certain percentage, up to a certain amount.

For example, the broker might offer new customers a 100% matched bonus up to £500. Once you proceed to make the deposit, the broker will then credit your account with the respective bonus amount. When it comes to a no deposit bonus, this operates just as the name suggests – you will get the bonus without needing to make a deposit.

As we will cover in more detail further down, forex bonuses will always come with a range of terms of conditions that you need to be made aware of before signing up. Crucially, you will be required to trade a certain amount before you can withdraw the bonus funds out for real-world cash.

What are the pros and cons of forex bonuses?

How does a forex bonus work?

So now that you know what a forex bonus is, let’s take a look at a couple of real-world examples of how a bonus might work in practice.

✔️ deposit bonus

A deposit bonus is the most popular bonus type offered by online forex brokers. As we briefly noted earlier, the broker will match your deposit by a certain percentage – and the bonus will have a maximum amount attached to it.

You claim a 100% matched deposit bonus with a forex broker

The forex broker permits a maximum bonus of £1,000, which is what you decide to deposit

Upon making your deposit, the broker then credits your account with an additional £1,000

Your starting balance is £2,000 – even though you only funded your account with £1,000

As soon as the bonus is credited – which is usually instant, you can begin trading straight away.

✔️ no deposit bonus

As the name suggests, a no deposit bonus awards you a bonus without requiring you to make a deposit. These bonuses are highly sought after – not least because the trader can obtain the bonus without risking any funds. With that said, no deposit bonuses are typically much smaller in comparison to a matched bonus.

You claim a £20 no deposit bonus with a new UK broker

You open an account and then verify your identity – which is required to prevent bonus abuse

Once your ID has been confirmed, the forex trading site will then credit your account with the £20 no deposit bonus

You can then start trading with your bonus funds straightaway

Terms and conditions of a forex bonus

Although the above examples illustrate just how lucrative forex bonuses can be, it’s not simply a case of getting the bonus funds and then cashing out. On the contrary, you need to be made aware of a number of terms and conditions that brokers typically install.

�� minimum trade amount to withdraw

The biggest thing standing in the way of you being able to withdraw your forex bonus is that of the trade minimum. Let’s say that you deposit £500 and you receive a £250 bonus – taking your starting balance to £750. If you were able to withdraw that £750 straight out of the forex broker and into your bank account – this wouldn’t be a very good business model for the platform. On the contrary, the platform wants you to use the bonus funds to trade.

As such, your bonus funds are effectively frozen until you meet certain conditions. In the vast majority of cases, you will have parts of your bonus balance released as withdrawable cash when you meet a specified trade size. For example, the broker might release £1 from your bonus for every £10,000 that you trade.

You’ve got £250 in bonus funds

The broker will release £1 for every £10,000 traded

£10,000 x £250 = £2.5 million

As such, you would need to trade a total of £2.5 million to release the full £250 and thus – withdraw the bonus out in its entirety

On the one hand, a minimum trade amount of £2.5 million is nothing short of astronomical – especially when you consider that the bonus is only £250. With that said, you would stand a much better chance of meeting your bonus targets if you:

Engage in day trading that places dozens of trades per day

Often apply leverage to your trades

Your trade sizes are typically large

�� time limit

If the above terms weren’t difficult enough, you also need to factor in the time limits that forex bonuses typically come with. This is yet another tactic employed by platforms to make the bonus cashout process even more challenging. In most cases, brokers will give you 30 days to use the bonus funds before they are revoked.

This means that any bonus funds left in your account after the expiry date will be removed. If the forex bonus comes with a time limit of fewer than 30 days, you should probably avoid it.

�� eligible pairs

In some cases, the forex bonus might stipulate restrictions on certain currency pairs. While majors and minors are normally fine to use your bonus funds on, exotic pairs might not be covered. As such, make sure you check the terms and conditions to ensure your preferred forex pair is permitted.

�� supported nationalities

Some forex brokers will only offer bonuses to certain nationalities. This is why you should always use the domain that matches your country of residence – as brokers typically have multiple websites for different regions.

�� minimum deposit

Most forex bonuses will come with a minimum deposit amount. Promotions usually only state the maximum bonus amount permitted, so you’ll need to dig through the terms and conditions to find it.

Best forex bonuses in 2021 – the ultimate list

So now that you are armed with the required knowledge to maximize your bonus hunting endeavours, we are now going to list our top 10 forex bonuses of 2021.

1. The moneta markets deposit bonus

Want to boost your deposit with 50% extra? When you fund your moneta markets trading account with $500 or more, we will give you a 50% bonus! Whether you are an existing moneta markets account holder or a new client, make a deposit then opt-in using the form below to claim your bonus today!

Top 10 best forex brokers with bonus and promotions for 2021

Top rated:

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

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

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

Are these bonuses really free money?

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

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

What should I check when choosing a bonus?

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

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

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

Top 9 forex brokers with bonus and promotions

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

1. FBS

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

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

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

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

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

3. Instaforex

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

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

4. Fxopen

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

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

5. Roboforex

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

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

6. Hotforex

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

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

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

7. Octafx

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

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

8. FXTM

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

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

9. Vantage FX

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

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

Different type of bonuses

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

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

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

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

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

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

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

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

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

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

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

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

Tips on how to choose a bonus and a broker

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

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

Latest forex no deposit bonus list 2021

The no deposit bonus is a free tradable bonus gifted broker for new clients. You can take the bonus without any deposit.

The free bonus is not allowed in the EU and US residents but it’s very popular in some countries.

Newbie traders like to grab the free bonus because it is one of the free powerful leverage for them.

Hey! Want to start forex trading? You can fire right now with the forex no deposit bonus.

The ultimate guide about the no deposit bonus

Not all brokers but most of them offer the free bonus. It is a welcome bonus. Upon joining with a broker, the broker provides a free bonus.

While you think to consider for a no deposit bonus, don’t miss to check our best broker no deposit bonus!

No deposit bonus without verification

While you will register to create an account, you have to give you full name, email, phone number (often), the birth of date, country, and other some filed if need.

Usually, most of the forex brokers ask to verify your identity, at least phone number, or email based on their requirements.

But, sometimes a few brokers offer to start trading without verification of any information.

Why a no deposit bonus?

A freeway! Who doesn’t love to take free money? Actually, the forex broker offers a free bonus to learn forex trading, without any risk. After gaining some profit you will get big confidence to invest in it and make some bigger.

What about your profits?

The bonuses are good to make your profit, depends on you! Most of the bonuses offered to withdraw the gain profit and also you should continue to live trading with the profit.

Here is a big list of bonuses, we collect for you, and you can choose and fire now.

The 10 best forex bonuses for traders in 2021

If you’re keen to find out what forex bonuses are, how they work, and what you need to do to claim one – be sure to read our guide on the 10 best forex bonuses for traders in 2021.

Table of content

Etoro - buy and invest in assets commissions-free

Buy over 2,400 stocks, 16 cryptocurrencies, and 250 etfs without paying any commissions

Trade thousands of cfds

Deposit funds with a debit/credit card, e-wallet, or bank account and paypal

Perfect for newbie traders and heavily regulated

What is a forex bonus?

What are the pros and cons of forex bonuses?

How does a forex bonus work?

So now that you know what a forex bonus is, let’s take a look at a couple of real-world examples of how a bonus might work in practice.

✔️ deposit bonus

You claim a 100% matched deposit bonus with a forex broker

The forex broker permits a maximum bonus of £1,000, which is what you decide to deposit

Upon making your deposit, the broker then credits your account with an additional £1,000

Your starting balance is £2,000 – even though you only funded your account with £1,000

As soon as the bonus is credited – which is usually instant, you can begin trading straight away.

✔️ no deposit bonus

You claim a £20 no deposit bonus with a new UK broker

You open an account and then verify your identity – which is required to prevent bonus abuse

Once your ID has been confirmed, the forex trading site will then credit your account with the £20 no deposit bonus

You can then start trading with your bonus funds straightaway

Terms and conditions of a forex bonus

�� minimum trade amount to withdraw

You’ve got £250 in bonus funds

The broker will release £1 for every £10,000 traded

£10,000 x £250 = £2.5 million

As such, you would need to trade a total of £2.5 million to release the full £250 and thus – withdraw the bonus out in its entirety

Engage in day trading that places dozens of trades per day

Often apply leverage to your trades

Your trade sizes are typically large

�� time limit

This means that any bonus funds left in your account after the expiry date will be removed. If the forex bonus comes with a time limit of fewer than 30 days, you should probably avoid it.

�� eligible pairs

�� supported nationalities

�� minimum deposit

Most forex bonuses will come with a minimum deposit amount. Promotions usually only state the maximum bonus amount permitted, so you’ll need to dig through the terms and conditions to find it.

Best forex bonuses in 2021 – the ultimate list

So now that you are armed with the required knowledge to maximize your bonus hunting endeavours, we are now going to list our top 10 forex bonuses of 2021.

1. The moneta markets deposit bonus

No deposit bonus

$100 gold trading no deposit bonus – seven capitals

$50 welcome no deposit bonus – SFEX

SFEX announcement $50 BONUS when register using a partner’s link. Let your fellow trader trade forex currencies, and more when opening an account with an […]

$50 no deposit bonus scheme – topfx

$50 no deposit bonus – atlasforex

NEW $30 NO DEPOSIT BONUS – roboforex

Get a true granted forex WELCOME NO DEPOSIT BONUS 30 USD powered by roboforex to start live forex trading with FOREX welcome bonus 30 USD – […]

No deposit bonus, withdraw profits – tickmill

Make your perfect risk-free start with $30 forex no-deposit welcome bonus presented by tickmill. Feel the superior execution quality and the perfect trading environment with […]

$50 welcome no deposit bonus – milton markets

Milton markets presents a welcome bonus in the form of NO DEPOSIT BONUS amount of 50USD/50EUR/5000JPY. The bonus credited to the newly registered clients without […]

$25 USD no deposit bonus – tiomarkets

Tiomarkets presenting a $25 USD forex no dpeosit bonus when fund your trading account. Register and apply for an initial bonus that allows real trading. […]

No deposit bonus $5000 USD – instaforex

Gain forex no deposit bonus up to $500 for all new clients who opened a live trading account can apply for this NO-deposit forex promotion […]

$88 no deposit bonus – redstone FX

Up to $50 no deposit bonus – investizo

Up to $50 trading, no deposit bonus offered by investizo LTD. The promo is available to its new registered clients under the terms of the promotion. There […]

$100 no deposit bonus – fidelis capital markets

Fidelis capital markets brings no deposit bonus to enter the global financial market without any investment. Register an account & receive $100 NO-deposit credit instantly […]

$30 new year no deposit bonus – justforex

$25 no deposit bonus – velocity trades

Velocity trades no deposit bonus promotion – get 25 USD free credits to the client’s account to start a live trading experience without investing any […]

US $50 no deposit bonus, afghanian – unicorn

$30 USD no deposit bonus – profitto ltd

30,000 JPY NO DEPOSIT MARGIN BONUS – GEMFOREX

Experience live trading without any deposit – get NO DEPOSIT MARGIN BONUS by GEMFOREX. Take the 30,000 JPY no-deposit bonus immediately and start live trading […]

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)

Best bonus forex brokers in 2021

Forex bonus and promotions are one of the most important factors that affect forex traders’ decision for choosing a forex broker. Forex brokers offer variety of bonus and promotions with purpose of marketing strategy to attract new clients and as a reward to keep current clients loyal to the company. To name a few, bonus programs usually come in the form of welcome bonus and deposit bonus.

Bonuses and promotions are one of the criteria I take into account when reviewing forex companies. However, it is not very smart to open an account and trade with a forex company just because the company offers generous bonus and promotion programs. Other factors such as strong regulation, different withdrawal and depositing methods, convenient trading conditions including platform and assets must come in hand with bonus and promotions.

Best forex brokers with bonus and promotions

Purpose of forex bonus and promotions

Bonuses that are credited into your account as welcome bonus or deposit bonus cannot be withdrawn. Rather, you should consider the bonus as a tool that gives you extra leverage.

For example, say that you opened a trading account and invested in $1000 with a forex broker that offers 20% welcome bonus. The leverage is 100:1. Without bonus, you would be able to trade as large as 100x$1000 = 1.000.000. On the other hand, with bonus you can now trade as large as 100x$1200 = 1.200.000.

Forex bonus and promotions

XM bonus and promotions

I believe that XM is among the most professional and respected brokers in the industry. Fast execution, generous bonuses, regulated by very respected watchdogs, transparent, reliable, great daily analysis material, extensive educational content, nano account option and customer support in more than twenty languages. Add around ten years of investment services experience to those features and XM becomes a real gem in an industry where a new scam company appears every day.

$30 trading bonus. This is a non-withdrawable bonus only available to new clients. The best thing is that you dont have to deposit money into your account in order to be able to become eligble for this bonus and all profits that you earned can be withdrawn.

50% deposit bonus – your account is instantly credited 50% of the amount you deposited. This bonus works for the amounts up to $500 or equivalent.

20% deposit bonus – your account is instantly credited 20% of the amount you deposited. This bonus works for the amounts up to $4500 or equivalent.

Zero fees on deposits & withdrawals – XM covers all the commission and fees for your deposits and withdrawals. All e-wallets – 100% covered; all major credit cards – 100% covered; wire transfers above 200 USD covered.

Tickmill bonus and promotions

One of the best CFD and forex brokerage firm, tickmill was launched back in 2011 to provide traders with a great trading experience. With its headquarters located in both UK and seychelles, the company offers its clients a wide range of account choices with respect to the status of tax and location.

$30 welcome bonus – $30 bonus shall be credited to your trading account when you open a real account. You do not have to deposit any more to get this bonus and the profits are withdrawable.

Trader of the month – tickmill chooses the best among existing clients and award the best performing trader with a $1,000 prize every month.

Tickmill NFP contest – during every NFP week, tickmill chooses one instrument during every US non-farm payroll week and challenges traders to guess its price in MT4 platform at 16:00 which is 30 minutes after the NFP release. An exact hit shall be rewarded with a $500 bonus. In case of no exact hit, the trader with the closest prediction will get a $200 prize.

FXTM bonus and promotions

Established in 2011, FXTM is an award-winning forex broker that offers a reliable and secure trading platform. The platform covers more than 300 instruments including forex pairs, stock indices, company shares, commodities and cryptocurrencies. FXTM is one of the most prominent forex brokers in the industry that frequently appears in media and is proud sponsor of a formula one racing team.

FXTM offers a switch to FXTM USD30 bonus program. For this bonus program, you need to click and accept the bonus terms and conditions through MYFXTM portal and then make a minimum deposit of $150. If you trade 1 standard lot within 30 days, you can withdraw the bonus USD30

The 30% bonus promotion is offered for any amount of the first deposit made and to a minimum of $500 USD for each of any further deposits.

Hotforex bonus and promotions

Established in 2010 and headquartered in cyprus, hotforex is an award winning forex broker that offers a wide range of account types and trading instruments. The broker is pursuing a policy of providing the most convenient and advantageous trading conditions for the traders. They don’t discriminate between traders which means that scalpers, swing traders, day traders and expert advisors are all welcomed.

30% bonus is called rescue bonus and traders will receive it on every deposit over $50.

100% credit bonus program which is intended to increase the trading volume. Traders must trade 1 lot per $2 bonus received to complete the terms.

100% supercharged bonus which offers 100% bonus on each deposit over 250 USD to the bonus account together with the rebates in value of 0.2 pip value for forex and 2 USD per gold.

Instaforex bonus and promotions

A russia-based ECN brokerage company, the instaforex has been active in the forex market since the year 2007. Operated by two different companies, one of the companies administering instaforex is registered offshore whereas the other one was is registered in europe and is regulated by the cyprus securities and exchange commission or cysec.

LFC partnership bonus 100% – you get 100% bonus on your first deposit. This is bonus cant be used concurrently with other types of bonuses. 100% bonus is credited to your account instantly after you complete the application.

Welcome bonus 55% – this bonus works each time you make deposit into your account. 55% bonus is credited to your account instantly after you complete the application.

Welcome bonus 30% – 30% bonus is credited to your account instantly after you complete the application.

Instaforex club bonus – additional bonuses for members of instaforex club. This type of bonus can be used with other types of bonuses.

FBS bonus and promotions

FBS was founded in 2009 and regulated by both cysec in cyprus and IFSC in belize. The company offers generous bonuses, useful educational material for novice traders, daily market analysis in various languages and presence in many countries. In terms of account types, FBS provides a wide range of selection for professional and beginner traders. There are six options; cent account, micro account, standard account, zero spread account, unlimited account and ECN account where spread could go below zero at the expense of $6 per lot. The 3000:1 leverage offered by FBS is the highest you could get among regulated forex brokers.

$50 welcome bonus – FBS offers $30 welcome bonus with the leverage of 1:500. You don’t have to make deposit to be eligible for this bonus.

$123 welcome bonus – this bonus is offerred to every trader. No contact details or verification reguired. Valid for 7 days.

100% deposit bonus – fund your account and get a 100% deposit bonus. You have to send a request to your account manager to get this bonus credited to your account.

FBS also launches trading contests periodically and offers rewards (such as smartphones and automobiles) to the traders conditional on the amount deposited and lots traded.

AAFX trading broker bonus and promotions

AAFX trading is one of the few forex brokers that accepts clients from the USA. After 2008 great financial crisis, US regulators (such as SEC, CFTC) tightened the regulations for finance and investment firms. The company is founded in 2013, so passes one of my criteria of being a reliable forex broker. Negative balance protection feature should be noted as well. Not too many forex firms provide this feature. Those of you who have been trading since 2015 (SNB’s abrupt EURCHF 1.20 removal) would know the worth of negative balance protection. Spreads are tight and they offer a lot of options in terms of deposit / withdrawing funds.

35% welcome bonus – the new traders who deposit a minimum of amount of 500 EUR/USD get the 35% tradable bonus.

30% redeposit bonus – existing clients will be able to enjoy this special 30% bonus on top the amount they deposited.

AAFX rewards either existing or new clients the opportunity to get a free smartphone conditional on the amount deposited and lots traded.

Avatrade forex bonus and promotions

You would like to trade forex and you like to have the opportunity to hedge your spot trades with put/call options as well. On the top of that, you are planning to invest in stocks like apple, amazon, microsoft, etc. Cryptocurrencies such as bitcoin have been getting more and more popular recently and you like to try those too. Avatrade is probably one of the best forex brokers all around the world when it comes to the range of instruments offered. In addition, they are regulated by reliable institutions such central bank of ireland and ASIC.

Avatrade assist you to fulfill all your trading goals with a dedicated account manager at your side and up to 25% welcome bonus.

Easymarkets forex bonus and promotions

Spreads are high but I like their vanilla options feature. When you are on a swing or medium term trade, I strongly recommend you to use different option strategies for hedging and lowering the risk in the case that you are on the wrong side of the market. They are headquartered in cyprus but they have asic license as well. I also like their negative balance protection feature which means you will never owe more than you deposited. People started to appreciate this feature a lot after EURCHF crash following the sudden removal of 1.20 peg by swiss national bank SNB. Easymarkets also offer different bonuses depending on the account type and where you reside.

Easymarkets offers first deposit bonus to all traders who make a first deposit USD 100 or above. The bonus amount is percentage based and linked to the client’s first deposit. First deposits between $100 – $199 receive 30%, $200 – $1000 receive 50%, $1001 – $5000 receive 40%. To claim the bonus, the client shall contact their relationship manager and quote ‘first deposit’ bonus.

Alpari forex bonus and promotions

Alpari was founded in 1998 and is one of the oldest online forex brokers. They are now headquartered in saint vincent and the grenadines and regulated by belize IFSC.

Alpari offers 120% deposit bonus. New and existing clients get their account boosted by 120% of the amount they deposited.

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.

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

so, let's see, what we have: best forex bonus, find it here, in this full guide we uncover the best options available on the market, pros & cons uncovered. At best bonus forex