Best forex bonus

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.

Top forex bonus list

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

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. 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?

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.

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.

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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 broker 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:

Are a day trader 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!

Best forex bonuses for traders

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

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

Collect up to $5 with every trade

FXTM loyalty program registration required

Trusted and well-regulated broker

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

Excellent educational division and in-depth market research

Competitive pricing environment

FXTM invest supports retail account management

Third-party add-ons for MT4/MT5

IFC markets

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

Trusted broker with over 14 years of operating experience

Innovative proprietary trading platform

Over 600 assets plus 30,000 synthetic ones

Competitive spreads and maximum leverage of 1:400

Autochartist and comprehensive in-house research

Excellent educational section

Moneta markets

$500 minimum deposit required

Member of trusted vantage international group

User-friendly proprietary trading platform

Excellent trading tools

Maximum leverage of 1:500

Web TV channel

Daily technical trading recommendations

Available only in certain countries. T&cs apply

Multi-regulated and trusted trading environment

Comprehensive asset selection

Competitive commission-free spreads

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

No requotes or dealing desk

Outstanding trading tools and add-ons for MT4/MT5

Fineco bank

Must be used in the first two months

Leading italian bank and online broker in europe

Excellent proprietary trading platform

Outstanding asset selection

Very competitive cost structure

Automatic ETF investments

In-depth educational offering

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

No deposit bonus

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

Deposit bonus

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

Forex rebates

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

Ready to get started?

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

Forex trading courses

Want to get in-depth lessons and instructional videos from forex trading experts? Register for free at FX academy, the first online interactive trading academy that offers courses on technical analysis, trading basics, risk management and more prepared exclusively by professional forex traders.

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Risk disclaimer: dailyforex will not be held liable for any loss or damage resulting from reliance on the information contained within this website including market news, analysis, trading signals and forex broker reviews. The data contained in this website is not necessarily real-time nor accurate, and analyses are the opinions of the author and do not represent the recommendations of dailyforex or its employees. Currency trading on margin involves high risk, and is not suitable for all investors. As a leveraged product losses are able to exceed initial deposits and capital is at risk. Before deciding to trade forex or any other financial instrument you should carefully consider your investment objectives, level of experience, and risk appetite. We work hard to offer you valuable information about all of the brokers that we review. In order to provide you with this free service we receive advertising fees from brokers, including some of those listed within our rankings and on this page. While we do our utmost to ensure that all our data is up-to-date, we encourage you to verify our information with the broker directly.

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Glossary of concepts: if you want to walk the walk, you first need to talk the talk. Learn the language of traders, in this detailed glossary of terms.

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Different type of trading bonus : present day broker houses announced different type of bonus. Deposit bonus, welcome bonus and no deposit bonus are very attractive for client all of these have different type of benefits. For trader bonus offer is very attractive for trader but bonus deals are knotted by term and condition for that some trader are loser and cannot fill the term and condition. Without any knowledge and experience of forex traders surprised of offer and some time they lose and some time gain.

“at a glance” forex bonus : bonus by deposit on forex traders live account. Percentage of deposit amount credited account by bonus. Broker houses offer withdrawal and tradable bonus

No deposit forex bonus : without any deposit and risk free bonus credited on client account for trade. With this bonus trader can earn. Some broker offer to trader bonus and profit withdrawal.

Bonus for trade : with tradable bonus you can gain or lost the bonus and it is part of trading system. Some experienced trader trade and make profit. Broker offer many type of bonus.

Contest of demo : by trade on demo account trader can win tradable cash amount. After winning the contest trader can withdrawal balance some time they win another prize.

Contest on live account : trader trade on live account by deposit amount. Trader can win huge cash amount and prize. Broker houses offer lucrative prize and gift for winner who participated.

Friend referring : after refer your friend on your broker. Your friend open account and make deposit you will get special bonus and commission. Referring friend is profitable for client.

Rebate : forex cashback is a payment rebated to traders for each trade executed. Cashback providers refer traders to brokers and share the rebates they earn from each trade made by the client with that client. The model is becoming standard for most brokers in the industry. It’s also attractive a standard tool for traders to reduce costs.

Forex gift : come check out our giant selection of T-shirts, mugs, tote bags, stickers and more. Cafepress brings your passions to life with the perfect item for every occasion. Free returns 100% pleasure guarantee fast shipping.

Draw bonus: A forex draw bonus is of course a type of a bonus, and just like the other bonuses it is a particularly tailored gift provided by the broker to the client.

Seminars : live in person forex seminar . We can make live presentations to groups of forex traders from 50 to 150 people. In the past, these presentations all have been 4-8 hour long seminars and include complete training on our trading system, and lunch or catering in a classroom environment with WIFI internet.

Webinars: A webinar is an educational, informative or instructional presentation that is made available online, usually as either video or audio with slides.

Tradable bonus: tradable bonus is your support in the time of draw-down. Tradable bonus supports on open position as extra margin for trading and save for getting early margin call. It can be traded like own money. It boosts account's money and added to equity. In addition rescue bonus or tradable bonus provide extra safety in the time of draw-down.

Volume bonus : most common type of deposit bonus, it allows you to enlarge your trading volume. Often the bonus can be cashed on trading lot condition.

Freebies : freebies. If you wish to open a live account with a specific broker then remember always to ask for any free tools they can supply you. They can offer you free eas, free trading analysis, free signals and more.

Binary options : just like traditional options, binary options have a premium, a hit price, and an ending. The dissimilarity is that, with binary options, the “premium” amount for the option is chosen by the trader (usually determined by the market with traditional options) and the expiration timeframes are much shorter.

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

IB: introducing brokers and forex. An introducing broker (IB) is essentially an agent which introduces new customers to a forex brokerage. In return for sending custom to a brokerage, the introducing broker receives a fee, when it comes to forex this is normally a certain share of the spread or commission charged by the brokerage.

Forex affiliates : choosing the program that is best for you plays a crucial role in profiting from such a partnership in the forex industry. We give details to you the differences between an introducing broker and a forex affiliate. Introducing broker an IB finds most clients through a network that he or she has developed through personal or business relationships.

Free signal : most of broker offer free signal for trade. Free signal is helpful for client to know current condition of forex market. By following forex free signal forex trader start trading

Free VPS server : broker houses offer free virtual private server to maintain the certain amount of trader balance. Some trader can use virtual private server for their trading balance.

What is a pip? Currency prices naturally move in such tiny increments that they are quoted in pips or percentage in point. In most cases, a pip refers to the fourth decimal point of a price that is equal to 1/100th of 1%.

Expos events: it's a unique chance to meet with forex brokers, investors like yourself, attend unique workshops and more. A forex expo can provide you with great opportunities to learn about new trading strategies, network with other forex traders and become familiar with the latest developments from within the industry.

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Best forex bonuses for traders

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

Collect up to $5 with every trade

FXTM loyalty program registration required

Trusted and well-regulated broker

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

Excellent educational division and in-depth market research

Competitive pricing environment

FXTM invest supports retail account management

Third-party add-ons for MT4/MT5

IFC markets

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

Trusted broker with over 14 years of operating experience

Innovative proprietary trading platform

Over 600 assets plus 30,000 synthetic ones

Competitive spreads and maximum leverage of 1:400

Autochartist and comprehensive in-house research

Excellent educational section

Moneta markets

$500 minimum deposit required

Member of trusted vantage international group

User-friendly proprietary trading platform

Excellent trading tools

Maximum leverage of 1:500

Web TV channel

Daily technical trading recommendations

Available only in certain countries. T&cs apply

Multi-regulated and trusted trading environment

Comprehensive asset selection

Competitive commission-free spreads

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

No requotes or dealing desk

Outstanding trading tools and add-ons for MT4/MT5

Fineco bank

Must be used in the first two months

Leading italian bank and online broker in europe

Excellent proprietary trading platform

Outstanding asset selection

Very competitive cost structure

Automatic ETF investments

In-depth educational offering

No deposit bonus

Deposit bonus

Forex rebates

Ready to get started?

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

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Best forex bonus

What is A bonus?

The overall forex industry is a highly competitive one with forex brokers struggling to gain as many clients as possible since a broker is gaining from commissions from the trades a client makes. One way to continuously attract customers is to offer them forex promotions.

When it comes to the overall forex trading industry, the retail part of it, this means ordinary traders, not institutions, represent only around five percent of the overall market. Forex broker is a middle man between the forex market and the retail trader, giving him the possibility to access this huge market.

Competition

It is well known that the competition between brokers is an aggressive one as all forex brokers are struggling to gain as big a share of clients out of that five percent estimation. Therefore, they are competing in offering all kind of things to attract new clients, like forex bonuses.

A forex bonus represents an incentive for a retail trader to open an account with that specific broker that is offering it. There are multiple reasons why a broker wants to give you free money in your trading account, and before accepting a forex bonus, one should look for best bonus forex brokers available and chose from that list.

Free forex bonuses

Firstly, by giving you free money in your trading account, a broker knows that you will become familiar with the trading platform. Even if you will lose the amount offered as a bonus, it is more likely that you’ll continue to trade in the future or at least be interested in doing that.

If you already have an account opened at that broker, guess what will be the broker you’re going to deposit real money with? The one that offered the bonus in the first place, so there’s no need to waste time online searching for forex bonus deals anymore.

Secondly, by opening an account with a broker with the purpose of taking part in their bonus campaign, one gives the broker the opportunity to use his data for future marketing campaigns as it is clear that you have an interest in trading the forex market. This is a common practice among brokers that are offering a top FX bonus. This is why clients need to carefully read terms and conditions before accepting the bonus if they do not want to take part in future marketing campaigns.

If you are looking for the best free forex bonuses, we advise you to put your attention on these ones:

Types of FX bonuses

Last but not least, if you search for the best FX bonus, you’ll find out that that are multiple types of bonuses a forex broker can offer. Different types of bonuses are made since they appeal to different types of people. Since personalities are different and what works for someone is not working for another one, so a bonus may be appealing to a person while another person finds it useless.

What makes the best forex bonus?

When you look for the best forex bonus a broker can offer, you have to know that the most unpopular one is the forex pending bonus. This type of bonus cannot be used for trading right away. The one needs to trade with their deposited money first and complete the trading requirements for clearing the bonus before receiving it. For example, the broker will offer you a bonus based on the number of lots traded in a specific amount of time. After that trading volume is achieved, the bonus will be cleared, and you will be able to use the money as you wish, either further trading with it or making a withdrawal.

Deposit bonus

Such bonus means that a deposit is expected from the trader’s end, so this is the reason why they are not so popular.

One way to find out what other types of forex bonuses are there is to look for bonus forex reviews and usually these are to be found on trading related forums. Human nature is very complex, and people have the tendency to look for quick earnings with as little effort as possible. Looking at forex related forums will give you an idea of what trading is and learning from other people’s experiences is a great way to form an educated guess regarding best bonus forex brokers overall.

Another appreciated forex bonus is the so-called forex instant bonus. Like the name suggests, a bonus is instantly added to your trading account, and you can start trading with it immediately, in the sense that you can use the supplementary leverage it offers.

It has a great appeal to traders as, for example, on a $5000 deposit, if the instant bonus is 20% of the first deposit, the trading account will be credited with $6000 immediately. The trading account at this moment of time will have 20% the broker’s money, and the rest represents your initial deposit.

Bonus withdrawal

However, it is not possible to withdraw the bonus unless a specific trading volume has been made. This, coupled with the fact that the bonus is attached to your first real-money deposit, doesn’t make it a best forex bonus type.

The no deposit bonus is indeed the one, and only bonus traders are looking for as like the name suggests, there is no need to deposit any money while taking advantage of the bonus. It has a great appeal to traders and as a matter fact to brokers as well as personal data will be used for future marketing campaigns as well as traders getting used to the trading platform and conditions the broker offers.

The biggest advantage here is the fact that if gives the experience of trading with real money, basically for free. There is a huge difference between trading on a demo account and trading on a real one as emotions are influencing the decision, and this is a good way to practice.

Reload bonus

Last but not least, the reload bonus is usually being offered when the initial deposit and the initial bonus were lost, and the broker comes with this offer, basically offering another bonus if a new amount of money is going to deposit for trading.

It is a two-way street here as on one hand the trader should have already the experience from the initial deposit and this time definitely will trade more conservative, probably using money management rules that were not respected on the first attempt. If that is the case, then why not accepting the reload bonus?

Things to look for

The brokers that are offering this kind of bonus are aggressive in selling but still good enough to fit in the best bonus forex brokers category.

Experience needed

Probabilities favour greatly that the first time a trader opens an account he/she knows little about trading and chances are the money will be lost. From this point of view, it is a wise thing to look for forex bonuses as it is like a free lesson offered by the broker and it is easier to access the market with real money and feels the experience rather than trading a demo account.

Not that trading with a demo account is wrong, no. It is a good thing, but at one moment of time one needs to make the move from trading a demo to a real account, and this is where best bonus forex brokers are targeting: to get these clients.

It should be mentioned here that the biggest hurdle in clearing the bonus is the trading volume needed for that to happen. That is not an easy task as the broker will make sure will have the minimum requirement quite high as if it gives you free money to trade with, then it should not be that easy for the bonus to be cleared.

But this should not be viewed as a disadvantage as the main purpose of the bonus is to have more leverage to trade and to attract traders to the real trading environment and leave the demo trading.

Personalities

In a way, looking at the type of bonuses best bonus forex brokers are offering, one is seeing the type of trading personalities that are there. Aggressive traders can go as aggressive as they want with the no deposit bonus, as there is no risk of losing their money, while conservative traders have the opportunity to trade on the cautious side after accepting a reload bonus.

All in all, there is clearly a need for these bonuses when it comes to the offering of a broker and hopefully in time brokers will become more inventive, and other types of forex bonuses will be offered.

It will only add to the competitiveness of the industry and to the chase for the customer/trader that is going to trade constantly as the main bulk of a broker’s revenues is coming from commissions and these commissions are coming only if a trader goes on and trades on a constant basis.

There are of course many other areas forex brokers are competing for clients, but the bonuses arena is probably the most competitive one.

Find the best forex bonuses

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

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

Our recommended forex brokers

Different types of forex bonuses

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

Forex deposit bonus

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

Forex no deposit bonus

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

Welcome forex bonus

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

Special VIP bonuses and bonuses for regular customer

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

Pending forex bonus

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

Forex reload bonus

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

How to find the best forex bonus?

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

Making your own research

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

Reading reviews

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

Rely on us to find the best forex brokers

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

More forex brokers by regulation authority

NFA forex brokers

Bafin forex brokers

CYSEC forex brokers

SIBA forex brokers

CFTC forex brokers

FMA forex brokers

FINRA forex brokers

ASIC forex brokers

FINMA forex brokers

FMRRC forex brokers

BVIFSC forex brokers

CBI forex brokers

IIROC forex brokers

MAS forex brokers

EFSA forex brokers

DFSA forex brokers

FSA forex brokers

HKSFC forex brokers

NAFD forex brokers

IBFC forex brokers

BSP forex brokers

FCA forex brokers

BAPPEBTI forex brokers

Banque de france forex brokers

SEBI forex brokers

FSPR forex brokers

CMBT forex brokers

SCAUAE forex brokers

CBUAE forex brokers

BDL forex brokers

CBK forex brokers

BCU forex brokers

FSB forex brokers

BFSC forex brokers

MFSA forex brokers

CNMV forex brokers

HCMC forex brokers

CMC forex brokers

CNB forex brokers

MTR forex brokers

MNB forex brokers

PFSA forex brokers

CSSF forex brokers

CMVM forex brokers

Danish FSA forex brokers

AFM forex brokers

IFSC forex brokers

CIMA forex brokers

GFSC forex brokers

Conclusion and what else you can expect from our site

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

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 800 stocks, cryptocurrencies, and 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

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 broker 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

Are a day trader 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

What are the advantages of obtaining a forex brokers bonus?

Those who are new to forex trading may want to find out more about the best forex bonus deals offered by the different forex brokers. Many of the top forex brokers are keen to encourage new sign ups and registrations on their sites by offering incentives and forex bonus offers to new investors. It makes sense to check out all the different top forex bonus types before making a final decision on which is the best one to opt for in order to make the greatest profits.

Some of the different forex bonus types available are those given to new sign ups as a welcome bonus, a no deposit forex bonus, or an offer which includes a rebate as an incentive. Comparing the different top forex bonus offers enables investors to make rational conclusions about how to choose the right forex broker to meet their needs.

What are the best varieties of forex brokers bonus for me?

There is no simple answer to which is the best forex bonus for any individual, as it depends on experience and skill in the money markets. New investors may be better off looking for a forex brokers bonus when gives a deposit bonus while those with more experience might want to choose a broker that offers a no deposit deal.

Taking into account your own needs as a trader is vital to making the right final choice of broker. Weighing up all the pros and cons rather than simply opting for the one that offers the top forex bonus deals is paramount as the majority of profits are gained through trading and not the one-off forex brokers bonus.

More reliable forex brokers

How do you decide which is a good forex brokers bonus?

Examining all the different top forex bonus deal before choosing is vital as many deals are not worth the hassle when you look at the small print. Those which sometimes appear to be the best forex bonus are actually not as impressive as it may first appear, so take all the different factors into account.

Avoid being scammed by unreliable brokers. Choose an FCA registered broker to ensure that they are safe and reliable as opting for an untrustworthy broker simply because their forex bonus looks good is a surefire way to lose your money. Place your finances in safe hands by choosing a responsible broker and research them thoroughly. Something that appears to be the best forex bonus may actually be being offered by an unreliable and insecure broker.

It is vital too to bear in mind that any incentive is only a useful forex bonus if you can make use of it. It is it something you will never use, you would be wise to look for an alternative that meets your requirements more appropriately.

Types of forex brokers bonuses

What are the different sorts of forex brokers bonus that may be offered?

There are numerous different forex brokers bonus types and these may be offered to investors who the brokers hope will be persuaded to register with them and to place their funds into a new account. These are some of the top options that are often extended to newcomers.

Novice traders will probably be able to benefit most from a deposit bonus, offering financial incentives to those traders who are willing to sign up for an account with the given broker for the very first time. A newcomer should probably avoid opting for a no deposit bonus as they will lack the necessary skills and experience to make the most profits from this type of offer as they will lack the knowhow to be able to manage risks and they will be starting out with small amounts that are too low to benefit from a forex bonus of this type.

Sometimes, it is possible to find a broker that will offer a deposit bonus for those traders who have an existing account with them, although this is incredibly unusual.

Those traders who consider themselves to be at an intermediate level with some good knowledge of the money markets and a decent amount of experience can choose from several top forex bonus deals. Trading bonuses are good as an experienced trader already possesses the necessary skills to avoid wiping out their account before managing to hit the necessary qualification threshold to receive their payout. A rebate bonus is another good option as this allows the investor to gain back a percentage of their money on every trade placed. This is similar to a trading bonus however there is no threshold required to qualify for payout, making this a better forex bonus deal all round.

Very experienced and skilled investors can choose from the whole range of top forex bonus offers as they have maximum ability to make good profits from these deals. A deposit or trading bonus, or even a rebate bonus are all good choices however one of the best forex broker bonus offers for an expert is a no deposit bonus which allows skilled traders to make profits without making any financial commitment. Basically, a no deposit deal is giving investors something for nothing and is therefore hard to find. If you should spot a forex bonus of this type, it is important to check all the details before signing up to ensure that it really is worth making the financial commitment.

Open your first trade now with XM!

The refer a friend forex bonus incentive is a good choice for any level of the trader as long as they have their own network of friends and contacts who would be interested in signing up with a forex broker. It is an option worth exploring for both novices and those who have lots of experience.

When choosing a forex broker, it is wise to take everything into account rather than simply focusing on the forex bonus deals available. The entire user experience of your chosen broker is paramount so weigh up the choice of trading options, trading platforms, and the customer service available before making a final choice.

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