Best forex bonus 2020

This is great for more experienced brokers or for those who plan to trade in large volumes.

Top forex bonus list

Bonuses And Incentives, best forex bonus 2020.

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

Bonuses and incentives

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

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

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

In this article, you will learn:

Top rated forex sites

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

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

The types of forex bonus

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

Deposit bonus

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

No deposit bonus

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

Volume bonus

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

Reward bonus

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

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

What is the ideal bonus

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

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

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

How a bonus can help

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

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

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

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

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

How we find the best deals

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

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

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

Using the best forex bonus for boosting your account equity

Forex trading is an attractive money making opportunity that has taken the financial markets by storm. Unlike traditional forms of investing, FX trading does not require you to have massive amounts of capital to invest in the forex markets. Nevertheless, the forex retail trading offers numerous offers and attractive promotions to entice new traders into sampling the forex market without risking their own money. Promotions are offered in different forms, which are offered either as forex bonuses or as prize rewards. Some of the best forex bonus offerings in the market can match up to 200-300% of the initial deposit made by a trader, while other promotions include cash rebates, no deposit bonuses, seasonal gifts, free electronic gadgets, and more.
Reviewers do not generally endorse forex bonuses due to the various conditions associated with these promotions. Brokers are often stringent in their guidelines that limit the freedom for traders while handling their money. In fact, some brokers are known to actively block their clients’ trading capital until the traders meet the required bonus terms. We have witnessed a significant number of financial scams and several instances of consumer abuse that can be directly attributed to the bonus terms and conditions, which have led to a massive amount of negative reputation for the forex market as a whole.
Bonuses are not all that unattractive, as some of the top forex brokers offer great forex bonuses that are devoid of any challenging or uncompromising guidelines. These bonuses can help you to increase your trading capital without assuming any unwanted risks. A trader-friendly forex bonus package provides you with an incredible amount of leverage and the freedom to open trades with a higher trading capital. Professional traders consistently take advantage of the leading bonus offerings in the industry to increase their market exposure and enjoy more profits from their increased capital inflow. Forex offers can act as a great asset in FX trading, especially if you are aware of your rights as an investor and are proactive in exercising due diligence while making your initial deposit.

Recommended forex brokers

Why do brokers provide A forex bonus & how much?

Forex brokers generally provide bonuses as an incentive for signing up, which enables traders to test the company’ various FX products and services. Forex bonuses are not to be confused with a novelty feature, as these promotions are similar to the conventional rewards and gift programs that are commonplace in the retail consumer market. In forex trading, the gifts are replaced by tradable funds in the form of trading credits, which offer monetary compensation for making a deposit or for transacting the required number of lots in the market. The primary goal for any rewards-based program is to attract new customers, regardless of their geographical location or professional trading history.
Forex brokers offer bonuses that start at 5% of the initial deposit made to a trading account, which can go all the way up to 500% depending on the broker. Regulated brokers mostly stay away from any bonus programs due to the conflict of interest with their clients, but there are a few regulated FX companies that provide a bonus ranging from 10% to 50% of the deposit amount. Brokers may also offer bonuses and rewards for traders that are willing to switch their accounts to a new broker. However, it is highly interesting to note that bonuses are primarily reserved for new traders and customer acquisitions, with only a handful of companies opting to provide continued promotions for their existing clients and their additional deposits. The choice of your broker will ultimately decide the amount of bonus that qualifies for your deposit amount and the conditions associated with receiving such a bonus.

What are the different types of forex bonuses?

There are different categories of forex rewards and promotions that are designed to target a broad range of traders from various parts of the forex market. Here are some of the best forex bonuses that are popular among both brokers and retail forex traders:

Deposit bonus

The deposit bonus is a conventional forex bonus that is directly proportional to the trading capital deposited into a brokerage account. Brokers are very clear about the exact size of bonus that is available for a particular amount of deposit, which is usually measured in percentage terms. Some brokers might offer a fixed deposit bonus system according to their products portfolio, but for simplicity purposes, deposit bonuses are usually offered as a percentage of the initial deposit. Most regulated brokers offer a bonus in the range of 5-50%, while forex bonuses as high as 200-300% are not uncommon.

No deposit bonus

No deposit bonus is a bonus program that is offered to traders without stipulating any minimum deposit requirements. No deposit bonuses are small account boosters that are worth anywhere from $1 to $500, which in turn allow clients to test the platforms under real trading conditions without making a deposit. Regardless, most no deposit bonuses have very severe trading conditions when it comes to withdrawing profits. Almost all brokers usually don’t permit their clients to withdraw the bonus money, but there are a few companies that might allow partial or full withdrawal once the trader completes the required number of lots. Be careful about using these no-deposit bonuses if you are looking to make a deposit in the future, as there might be hidden conditions that might prevent you from withdrawing your own money without satisfying the broker-induced conditions.

Account transfer bonus

Account transfer bonus is an incentive program designed to help traders switch their brokerage accounts by transferring their funds from one broker to another. Several large and professional traders often make use of this type of bonus to increase their trading capital without actually investing in the markets. Some brokers offer as much as 25% bonus for transferring all of the funds from another broker to their own account, while traders can increase this bonus further by negotiating tactfully with the company representatives. Of course, this kind of bonus cannot be withdrawn directly, unless the trader transacts the minimum amount of volume in the markets to offset the broker’s bonus costs.

Loyalty program

Loyalty programs are designed to increase customer morale, especially for existing clients who have faced heavy losses in the market. Brokers understand the need for enticing traders with promotions and forex offers that will keep customers trading on the same platform, instead of moving on to greener pastures. Loyalty programs are often provided by high-quality FX brokers that are incredibly committed to the best in customer satisfaction. Mainstream forex brokers have different loyalty programs that are specifically tailored to individual client preferences.

Seasonal promotions

Seasonal promotions are a huge part of forex bonuses, especially during holidays and events that are accompanied by immense market volatility. Brokers try to cater to traders from different geographic locations by releasing seasonal bonus programs that are only available for a limited period. Seasonal FX bonuses are not as reliable as the traditional bonus programs, especially since most seasonal promotions might have expired by the time a trader comes to learn about it.

Cash back and rebates

Forex trading is an expensive financial product that has many associated fees of trading such as spreads, commissions, and swaps. During the course of a trading career, a trader will transact multiple times the amount of his or her trading capital, especially since most traders enter multiple positions and exit them at nominal profits or losses. The minimum margin requirements and higher leverage also give traders an opportunity to control large positions, which ultimately result in increased cost of trading. Brokers earn quite a significant chunk of these expenses, especially market maker brokers, who are known to profit from their clients’ losses.
Traders are provided an opportunity to sign up for cashbacks or rebates as part of their trading account, so as to create a sense of personalization and devotion among clients. These cashback features are often linked to loyalty programs, which increases according to the duration of trading and the magnitude of the trading account. Therefore, older clients that transact substantial volumes in the market will receive more money as cash backs, spread rebates, or outright cash rewards than newer clients. Such a move will ensure that existing customers will take advantage of these programs to earn more money in the long run.

Affiliate bonuses

Affiliate marketing is a large part of FX trading, especially in countries where forex brokers have a negligible presence. Affiliates and introducing brokers act as a company representative in lesser-known geographic locations, and are free to interact with the clients in accordance with the rules set forward by the broker. Therefore, affiliates and ibs sometimes enjoy a certain amount of freedom to stipulate bonuses, rewards, and other gifts to tempt traders into opening an account with the company. Affiliate bonuses can change from time to time and are not considered to be as reliable as a regular bonus.

VIP bonus

Institutional traders and professional investors receive custom-tailored VIP bonuses for making a large investment into a brokerage account. Unlike retail traders that deposit a few hundred or even thousands of dollars into a trading account, professional traders are known to trade with millions of dollars as trading capital. Brokers might attract these traders by offering a fixed return on these large trading funds, a hefty bonus, and even other types of rewards that will help larger traders to make the investment decision based on the benefits. However, professional traders are highly concerned about the security of their funds, and will not deposit money into a broker unless they are satisfied with the overall regulatory compliance and reliability of the company.

Electronic gadgets & gifts with redeemable points system

Another new concept in forex trading bonuses is a reward-based points system that qualifies traders to buy free electronic gadgets and other accessories by redeeming the points accumulated through trading and other financial transactions. Although this type of reward system is not as popular as the conventional FX bonus, a few brokers have experimented with this concept successfully. Electronic gadgets under these kinds of promotions can range from small media devices such as ipods to smartphones, tvs, laptops, tablets, and home theater systems.

Staying on top of seasonal forex offers

It is naturally very easy to find the best forex bonuses from brokers if they are offered to all clients regardless of any timeframe. However, brokers are known to introduce amazing new bonus programs and forex offers that are simply too good to be missed. These bonus packages are usually made available for limited period of time, which makes it important for traders to stay on top of these seasonal reward programs by signing up for relevant newsletters from brokers or affiliate partners. At bestfxbrokers.Com, we keep track of all the best FX bonuses provided by top forex brokers to offer you the best environment to grow your trading capital.

Top reasons to decline A forex bonus

Forex bonuses are common among FX brokers, but it does not mean that you have to accept them all the time. Forex bonuses have some limitations and drawbacks, which may hinder a good trading experience. Here are a few reasons why you should decline a FX bonus, immaterial of how attractive it may be:

If your broker imposes severe restrictions on your trading capital.

If the broker is not clear and transparent about its bonus terms and conditions.

If the broker offers you free money at the pretext of making a deposit that cannot be withdrawn for some reason.

If the broker lures you into FX trading by offering false or improbable promises.

If accepting a bonus forces you into over-trading or deviating from your trading strategy.

If you are dealing with a non-regulated forex broker.

Paying more attention towards the quality of A broker, rather than their forex bonus

While bonuses may seem like a smart choice for traders during the initial phase of their trading career, you should always pay close attention towards choosing a high-quality broker that is regulated by a reputed regulatory organization. You should realize the fact that the safety of your funds is more important than getting a bonus, regardless of how striking the bonus might seem to be. A regulated and reliable broker will always offer you a better trading environment, ensure better security for your funds, and an excellent return on your investment over the long haul than any other dubious broker that may promise insane bonuses at the time of opening an account.
Most reliable brokers that have many years of experience in the industry do not offer a bonus due to the very fact that a bonus can create rifts between the broker and the trader. For the same reason, regulatory organizations also keep a close watch on their member brokers to ensure that there are no financial disputes between the company and its clients due to external reasons such as bonuses and promotions. Yet, it does not spell disaster for traders that thrive on bonus, as you can find brokers that offer the best of both worlds without making any compromises on their customer-oriented approach.

�� best forex bonus

We are serious about bonuses!

Featuring the latest forex bonuses, promotions, contests and many-many other latest offers from forex brokers. It's an everyday commitment to wrap up and deliver the best forex bonuses to your trading desk!

Forex MEGA bonuses 2021

all bonuses	valid till
cabana capital \| "change the game" live contest	may/21/2021
capital street forex \| 650% tradable bonus	dec/31/2021
freshforex \| no deposit bonus $2021	feb/28/2021
IFC markets \| win a tesla model 3	apr/01/2021
instaforex \| $3,500 startup no-deposit bonus	dec/31/2021
liteforex \| dream draw	may/03/2021
NBH MARKETS \| "win 1KG gold bar" contest-draw	dec/31/2020
octafx \| octafx 16 cars live contest	aug/16/2021
roboforex \| 10 years anniversary promo - 200 prizes	apr/30/2021
superforex \| 2021% easy deposit bonus	dec/31/2021

This month specials

Featured promos

Fortfs | +$500 USD for trading
get rebates for each 10 lots traded, up to $15 per lot.

Justforex | crazy 200% weekend bonus
every weekend 200% bonus on deposits, up to $10,000 USD bonus.

Featured events

Trader expo | meet & learn forex bahrain 2021
event for the forex professionals to learn and explore to in fx trading business.
January 21, 2021. At bahrain exhibition centre (BIECC), bahrain

Forex expo and FINEXPO | thailand traders fair and gala night 2021
free speaking seminars and workshops. Participate in lucky draws and enjoy live performances, music, food and drink.
January 30, 2021. Shangri-la hotel, bangkok

Find the best forex bonus for 2021

Forex bonuses are an essential part practically of any dealing center or a forex broker; accordingly, they exist in most companies. It is worth mentioning that although forex promos are omnipresent, their realization conditions, i.E. Delivery and usage details are quite different among companies. Anyway, forex bonus is sure to help increase startup capital without any special effort. This list also includes forex bonuses 2021, meaning bonuses that have appeared this year but missed there before.

The bonus amount fluctuates a lot from company to company and may be expressed both as a percentage and fixed surplus. Some brokers and dealing centers offer bigger bonuses for the first deposit than for the following ones, in other cases the bonus amount increases in percentage terms with the deposit growth. The list contains broker’s bonuses that might be of interest for traders due to their sizes, conditions, and etc.

Best forex rewards for beginners 2021
broker	regulation	max leverage	min deposit	reward	review	site
easy markets review	asic, cysec	1:200	$25	$2,000	read review	trade now
XM review	asic, cysec, NFA, FSP	1:888	£5	£5,000	read review	trade now
clicktrades review	FSA*	1:300	$250	$5,000	soon	trade now non-EU traders
fxgiants review	FCA, asic	1:200	$100	$2,000	read review	trade now
CM trading review	FSB	1:200	$250	$2,000	read review	trade now

We are going to reveal 10 little tricks you have to pay attention to when opening a forex account.

The service period of your future broker in the market. Find out how long this broker has been offering access services to forex. This will help you to avoid short-lived companies with a bad reputation.

Reputation and reviews on the forum. Don’t skip reading important information about your broker, find it at any traders’ forums and ask forum members’ opinions about your broker.

Forex-brokerage license. Check the company information; find out who and when it was licensed at least at its official website.

Deposit bonus when adding funds. This topic has been covered in this article. Look for a broker that gives a substantial bonus when opening an account.

Some companies (like banks) add interest on the free money (around 6-10% annually) – it’s not much, but still something…

Note the ways of withdrawing funds your broker offers, it is desirable that webmoney should not be the only way, but also a bank transferring or withdrawing money to a card could be possible.

Find out if the company organizes traders’ competitions using demo-accounts with real money prizes. You can take part and win real money. Many traders do that, after winning a competition they use the money obtained to trade on their real accounts.

Check out what trading platform your dealing center is providing. It is natural that now the most popular is metatrader, it is this platform that the main software and advisors are adapted to.

Of course, when choosing a broker pay attention to spread, minimum deposit, get a broker whose conditions fit your requirements at most.

Finally, after you earn your first money with this broker, withdraw a certain amount to see if there will be any withdrawing problems and how fast the broker transfers you that money.

Have a successful trading!

Pros and cons

Bonuses are the main option for promos being carried out; the offer range is wide enough from 10 to 100 percent when augmenting an account.

When adding funds first time or each time, it is obvious that the latter option is better, but you should pay attention to the total amount in percentage as well.

Whether bonuses participate or don’t in the drawdown. Bonuses participating in drawdowns are quite rare, as they very likely to increase traders’ chances to save unprofitable deal.

Withdrawable or non-withdrawable funds. In some cases only the profit may be withdrawn, in others the entire bonus itself.

Non-deposit bonuses are a small amount of $20-$25 that can help to check how a broker operates a real account.

As for negative moments it is important to point out such things as blocking an account until bonus is fully worked off or abolishing a bonus in case of early money release.

What do you really get with such a bonus?

Basically, you only get a chance to trade and withdraw the primary bonus, because advancing a bonus doesn’t greatly differ from margin trading.

But this is a lot, for example, you add $1,000 to your account and receive $500 as a bonus, according to the withdrawal terms it is necessary to make several deals with the total amount of 100 lots. Let’s calmly trade to fulfill the necessary volume, even if it takes a month or two.

Selecting the right forex deposit amount

Over 100+ assets

Cysec, IFSC

Free demo account

We will try to answer the question: “how much can one earn in forex with minimal risks (following the rules of forex money management) that means with maximum security, taking into account the first deposit amount?”

And, of course, you will find out what amount you have to open a forex trading account (deposit) for, so that to receive as much money as you need providing that you follow the rules of SAFE forex trading.

It is quite clear that you have already known from other articles on this website that not only can you earn money with forex, but you really get profit, with taking as few risks of money losses as possible. By doing that it is quite feasible to increase your chances and probabilities to become a forex professional trader and stay in the market for a long time, which means you will be able to earn money and withdraw profits regularly, subsequently the deposit, your main trading capital, will be enlarged.

However, we have to reveal the dependence between your future profits gained by trading in forex and the amount of YOUR deposit. This dependence is sure to exist! Otherwise, all traders including beginners would have become millionaires long time ago…

Between +20% and +30% to your deposit at the beginning of the month is considered to be a good monthly average profit in forex! Professional traders have this kind of profits. Obviously, to start making this money, you need a lot of practice, market insights and a forex strategy verified in time, for example, “wolf waves” or another strategy described in the video “safe forex”.

Less experienced traders, including the ones who have taken my forex video courses on this website, receive an average profit about +10-15%. We also consider this as a good result, especially when it is stable. If you achieve such results, you have really acquired a very high level in forex trading, this level may be called professional or, in other words, “you are realized as a successful trader”! Of course, not everyone can reach this kind of result, but if there is a lot of desire and practice involved, it is very REAL.

Now let’s calculate what 20-30% per month means? It means that:
each $1,000 gives you or you earn $200-300 profit a month! (accordingly, if your account is in cents, this amount will be in cents). If your deposit is $100 (or in cents), you receive $20-30 or cents, respectively. Deposit of $10,000 (or in cents) produces $2,000-3,000 (or in cents) profit. Hence, if you wanted to earn $10,000 per month, your forex deposit would have to be at minimum: $35,000-50,000. Also, you should remember that this sum shows exactly the amount of free funds, i.E. Funds that you will risk losing (read more about it in the article “risk management”).

We understand some disappointment of those who only want to study forex trading, because they would like to receive 100-200% profit per month, but we tell you, you won’t get 20-30% regularly, because, for example, during the first month you will receive +100% in deposit, the second one will bring +70%, the third will bring +20%, and some months won’t bring anything or even losses: -10% or -15% (although, having selected forex strategy correctly, that is allowing minimal loss risks, you will rarely experience the losses, even you could say that they almost never happen).

As a result – regular profit of +20%-30% per month. And it is very good. If you can earn bigger profit regularly – it is great! So now, have you probably estimated what deposit you have to get so as forex could become your additional or even main income?

Also, you should understand that forex trade beginners might see “worse” results, so before you get your hopes up to receive this profit, you have to practise with smaller amounts of money and take trading much more seriously, meaning LEARN forex trading!

Video tutorials

Brokers information

broker	founded	address	support	email
easy forex trading ltd	2003	5th floor kriel court, 1 griva digheni, P.O. Box 53742, limassol 3317, cyprus	+357 25 828 899	support@easymarkets.Com
trading point holdings ltd	2009	12 richard & verengaria street, araouzos castle court, 3rd floor 3042 limassol, cyprus	+357 25029933	support@xm.Com
key way solutions ltd	2018	suite 3, global village, jivan’s complex, mont fleuri, mahe seychelles	+44 208 08 95 877	support@clicktrades.Com
8safe UK limited	2015	level 17, 9 castlereagh street, sydney, NSW 2000	+61 286 078 347	support@fxgiants.Com
global capital markets trading ltd	2012	P.O.Box 343, victoria, mahe, seychelles	+44 203 318 2176	support@cmtrading.Com

*forex trading involves a high level of risk and may not be suitable for all investors as it may result in loss of the invested capital. Please ensure you fully understand the risks involved!

No deposit forex bonus brokers - 2020

No deposit forex bonus is one of the most desired forex bonus and promotions by forex traders because you can trade without depositing your own money. Forex brokers offer many types of bonus and promotions to attract more clients or to reward the clients for choosing them as their broker. Free forex bonus and promotions certainly benefit the clients since they allow the clients to trade with a larger balance than they have deposited.

What about forex no deposit bonus 2020?

Of course, I am assuming that the broker is not a scam. Because, there are tons of scam brokers out there who allure novice traders through attractive bonuses just to fraud them at the end by rigging the trading conditions or simply pocketing the client’s deposit.

Therefore, free forex bonus and promotions should not be your only criteria when choosing a forex broker. Regulation, trading conditions, reputation and customer services are some of the other features that every trader has to take into account on the road to pick a suitable forex broker for yourself.

What is no deposit forex bonus?

There are many forex bonuses offered by brokers, some of them being granted to the traders post-trading, and others being rewarded to the trader’s forex account conditional on a certain amount of deposit or trading checkpoints. Deposit bonus, welcome bonus, redeposit bonus, rescue bonus and volume bonus are examples for different types of forex bonuses.

In addition to those, there is another type of free forex bonus. This forex bonus is credited to the trader’s account without any initial deposit or other condition whatsoever. Well, of course there is one condition; opening a forex account with the broker. As soon as you open the trading account, you will be rewarded with a free bonus. This type of forex bonus is called no deposit forex bonus.

No deposit free forex bonus brokers in 2020

Why is no deposit free forex bonus important?

No deposit free forex bonus is a great opportunity for beginner traders to gain experience without risking their real money. Besides, it allows seasoned traders to evaluate the services and live trading conditions provided by the broker before depositing money into their trading account.

Since it is not your own money, it will not hurt you financially and emotionally in case you blow up the account. The bonus is also very useful for traders who wish to develop and test new trading strategies without investing and risking their capital.

It is a common exercise followed by the forex brokers to provide different trading conditions in terms of spread, execution time and slippage between demo and live trading accounts. Therefore, trading with a demo account may mislead traders regarding the trading conditions that come with a live account. No deposit forex bonus allows traders to experience a live trading environment with the actual conditions.

How to choose the best free forex bonus?

It is never an easy task to choose a forex broker. I always emphasize the inappropriateness of choosing a forex broker solely due to the appealing free bonus and promotions. Never pick a forex broker just because it gives you a higher percentage of free bonus than the other brokers do.

Prefer a regulated forex broker

Regulation must be the first and foremost quality of a forex broker that you are going to trade with. You should always put regulation and license above all else when selecting a forex broker. I don’t recommend openening an account with an unregulated forex broker no matter how good the bonus and promotions are offered. After all, what is the use of a free $5000 bonus if you will not be able to withdraw your capital from the forex broker?

Another point to keep in mind is that many unregulated or poorly regulated forex brokers use free forex bonuses as a tool to attract more clients just to fraud them. Those are the scam forex brokers that you have to stay away from no matter how big bonus and promotions they pledge.

Consider the trading conditions

Spreads, execution time and slippage are going to have a decisive impact on the fate of your trading strategy. Free forex bonus and promotions are very alluring however the trading conditions may be against your advantage just to strip you off the benefits of the bonus. In another word, the brokers may give you the bonus but may not let you benefit from it through adverse spreads, execution time and slippage.

Read and understand the terms and conditions

Forex bonus and promotions usually come with certain terms and conditions. Some forex brokers let you enjoy the free bonus without verifying your trading account while some others require you to validate your account first. Some forex brokers even allow you to withdraw the free bonus conditioned on certain prerequisites.

Therefore, it is always a good idea to read and understand the terms and conditions of the no deposit bonus to avert an unpleasant surprise afterwards.

Forex bonus - best forex bonus 2021!

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

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

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

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

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

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

1. Forex no deposit bonus

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

2. Forex welcome bonus

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

3. Forex deposit bonus

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

4. Forex regular customer bonus

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

5. Forex reload bonus

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

6. Forex cashback bonus

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

7. Forex loyalty bonus

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

8. Forex VIP bonus

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

How to find the best forex bonuses?

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

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

Things you need to consider:

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

1. Use the service of trustworthy brokers

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

2. Read the conditions carefully

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

3. Choose your bonus well

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

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

Forex bonus - best forex bonus 2021!

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

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

How to find the best forex bonuses?

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

Things you need to consider:

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

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

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.

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 forex bonus 2020

Deposit bonus – A bonus on funding a live account. The bonus credited on percentage of the deposit amount.

No deposit bonus – free bonus on account registration for the new clients to trade live without any risk.

Tradable bonus: A deposit bonus that can be lost and traded as the part of your trading equity.

Volume bonus – most common type of deposit bonus, it allows you to increase your trading volume. Often the bonus can be cashed on trading lot requirement.

Forex gift – A gift for the clients for completing certain requirements, everything from bonus to latest gadget

Freebies – free stuff by forex brokers like ebook, courses, trading materials etc.

Rebate – cash-back withdrawable bonus on each lot traded.

Demo contest – contests held on demo account, win cash/tradable money with no-risk involve!

Live contest – contest held on live account, deposit requires. Win bigger cash/prizes.

Refer – a-friend– refer your friend to your broker, when your friend deposit you will get a special bonus

Free signals – get free trading signals from the broker.

Free VPS – get access to an optimized forex virtual private server for free on maintaining a certain amount of trading balance.

Binary options – binary bets trading on forex instruments

Forum posting: get a small trading bonus for each of your post in forms.

3 affiliate IB: receive a commission from your fellow traders, specially design for the marketers.

Draw bonus: the winners chosen by a draw

Seminars webinars: find the schedule to participate in the online/offline events.

Expos events: inviting to attend the forex events & expos globally.

So, let's see, what we have: compare the top rated forex trading bonuses in 2021. We consolidate and rank the best forex bonus deals right here in our expert bonus guide. At best forex bonus 2020