Forex trading free signup bonus

Yes! Usually, a broker doesn’t provide the free bonus without verification.

Top forex bonus list

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. 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.

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)

5 trading apps with free bonuses

Who doesn’t love a great bonus? We do. We’ve complied the best trading apps with free bonuses so that you can start your trading off with a bang.

Let’s have a look at the best free bonus trading apps.

1. Moomoo

Best for: US stock traders & investors

Bonus: 3 free stocks (up to $1,250)

Moomoo offers a great free bonus offer for new registrations. You can grab 3 free stocks valued up to $1,250.

2. Currency.Com

Best for: crypto traders

Bonus: up to $100

Currency.Com is a free, regulated trading app which gives you a random bonus of up to $100 USD value when you sign up, complete verification and make a deposit.

3. Coinbase

Best for: cryptocurrency enthusiasts

Bonus: $10 free bitcoin

Free bitcoin? Why not! Coinbase offers a $10 free bitcoin bonus offer to new registrations who use an invite link to sign up. The bonus is deposited into your coinbase account.

You have to trade at least $100 of cryptocurrency to get the $10 bonus. After you get the bonus, you can trade it or withdraw it to your bank account or paypal.

4. Webull

Best for: US traders

Bonus: 2 free stocks (up to $1,400)

Webull is a popular alternative commission trading app. When you deposit any amount, you will get 2 free stocks worth up to $1,400 – cool right? The difference between this bonus is the value – it’s up to a huge $1,400. Will you be lucky? Find out by grabbing your free stocks today.

You can sell the free stocks and withdraw them directly to your bank account.

Best for: anyone

Bonus: free VPN

XM is one of the world’s leading CFD trading apps. They’re currently running a neat promotion which gives you a free trading VPN – don’t miss out on it! Sign up for a free XM account today.

Summary

There are a ton of awesome free bonuses on trading apps, it’s hard to choose the best ones, but these are our personal favourites.

There’s no limit to how many bonuses you can redeem you can get, so why not try them all?

Here’s our final roundup of the best free bonus trading apps.

Currency.Com: best overall

Moomoo: best for advanced traders

Coinbase: best for cryptocurrency traders

Webull: best for US traders

XM: best for everyone

Have you seen any other awesome free trading bonuses? Let us know in the comments!

About us

Trading apps is your trusted guide to the world of trading on mobile applications. We test and review hundreds of trading apps to bring you the best. Learn more about us on our ‘about‘ page.

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.

Welcome bonus up to $500

Welcome bonus - a bonus which is equal to 100% of the first deposit, but does not exceed $500. It is credited automatically. The profit can be withdrawn without any limitations, and the bonus itself can be withdrawn after required trading turnover completed.

Welcome bonus advantages

How to get the welcome bonus

Terms and conditions

To credit a welcome bonus, it is required to open a live account MT4.Directfx, MT4.Classic+, MT5.Directfx or MT5.Classic+. Please note, "cent" accounts are not allowed. Welcome bonus can be credited only to standard account.

Welcome bonus can be obtained only once with the first deposit of at least $50. For this purpose, check “enroll welcome bonus” option on the replenishment form.

Bonus amount is equal to 100% of the deposit sum, but can not exceed $500 (or equivalent in the account currency).

The profit can be withdrawn at any time, but the welcome bonus can be withdrawn only after the required trading turnover is achieved. The required trading turnover can be calculated upon the formula: .

Example:

The trader made a deposit $200 and received welcome bonus $200. Required turnover = 200 * 50,000 = $10,000,000 (which is equivalent to 44 lots of EURUSD in metatrader)

Examples:

BUY 1 lot EURUSD (1 lot = 100,000 EUR) position opened at a price of 1.1257 and closed at 1.1283.

SELL 5 lot USDJPY (1 lot = 100,000 USD) position opened at a price of 109.806 and closed at 109.352.

BUY 3.5 lot GBPUSD (1 lot = 100,000 GBP) position opened at a price of 1.2978 and closed at 1.2985.

Example:

The trader made a deposit $500 and received welcome bonus $500. In case the equity goes down to $500 (value in the credit field), welcome bonus will be automatically cancelled, and all positions will be closed forcibly (stop out).

Risk warning: trading with complex financial instruments such as stocks, futures, currency pairs, contracts for difference (CFD), indexes, options, and other derivative financial instruments involves a high level of risk and is not suitable for all categories of investors. You must realize that there is a probability of partial or complete loss of your initial investments and you should not invest facilities that you can't afford to lose. Until you begin to carry out trading transactions, make sure that you fully realize the risks associated with this type of activity.

Pepperstone sign up bonus

A first time pepperstone sign up bonus is not offered by pepperstone.

Traders who register a real account with pepperstone are not offered with either a first time sign up bonus, a deposit bonus, or a welcome bonus.

Brokers often offer these broker bonuses to new traders in an effort to draw in more customers in addition to encouraging trading activities. Offering a deposit or welcome bonus is the best way in which to assure traders that they will receive some money back depending on the initial deposit made.

Various brokers also offer no deposit bonuses to traders in the same effort to draw in more customers and bonuses like this may aid not only the broker in acquiring new clients, but also traders who have strict budgetary restrictions.

Referral bonus

Pepperstone offers traders with a referral bonuses when they refer friends or family members in registering a real account with pepperstone.

Should the trader refer a friend or family member and they meet the criteria, the trader will receive US dollar 100 which is deposited into their trading account. In addition, the referral will receive the same amount as a bonus.

Some of the criteria that the referral will have to meet includes, but is not limited to:

The referral must open either a standard or razor account and during registration, the trader’s name or email address must be provided so that the referral can be traced back to the trader.

The referral must deposit a minimum of US dollar 1,000 or equivalent into their trading account.

The referral must trade at least 5 standard forex lots in either forex majors, minors, or cross-pairs.

Traders need to acknowledge that the referral will have to register for one of the above mentioned accounts as demo accounts do not qualify for the referral bonus.

In addition, a particular friend or family member can only be referred once and traders may not refer themselves via a joint account, through a family member who has registered an account or a member of the same household.

Additional bonuses, promotions and rewards

Pepperstone offers active traders and loyal customers with an active trader program which is considered as a trading bonus.

With this program, traders have the opportunity of earning rebates which are paid on a daily basis. The rebate will be determined by the amount of standard lots the trader trades every month. The more lots are traded, the higher the rebate will be.

The typical monthly rebates earned on 100 forex standard lots traded is between US dollar 70 to US dollar 140, 200 to 500 lots provides a rebate of between US dollar 200 to US dollar 500. For more than 500 lots traded, traders will have to contact their premium account manager.

Pros and cons

PROS	CONS
1. Referral bonus provided	1. Welcome bonus, deposit bonus, no deposit bonus and no other broker bonuses offered with first time sign up
2. Trading bonus provided for active traders and loyal customers

Conclusion

Pepperstone is a reputable, reliable, and well-regulated broker with competitive trading conditions. Active traders and loyal customers are rewarded through rebates that are paid daily while traders who refer others stand a chance of earning US dollar 100 per referral.

Avatrade sign up bonus

Avatrade does not currently offer a first-time sign-up bonus.

There was a welcome bonus offered by avatrade but unfortunately, this bonus, according to the avatrade website, ended on september 30.

However, traders must confirm this with the broker as it is still indicated on the website along with the bonus calculator. The ‘get it now’ banner on the relevant webpage is still active and redirects the trader to the ‘open real account’ webpage and corresponding application form.

When making use of the bonus calculator, when depositing the minimum $100, traders were provided with a welcome, or deposit bonus, from $30, or currency equivalent in either EUR, AUD, or GBP.

Brokers often offer such bonuses in order to attract more traders in registering a real account and it is a helpful way of getting traders, especially beginners, started in trading without risking much of their own capital.

Such bonuses are often non-withdrawable and can only be used towards trading activities. However, the profits which are made from trades are withdrawable.

Referral bonus

Avatrade offers traders a ‘refer a friend’ bonus which earns traders with a certain amount of commission for every friend or family member who registers a real account using the trader’s referral link.

This referral bonus is payable only if the following conditions have been met:

After the referred person has registered a real account.

After the minimum deposit of $500 or currency equivalent has been made to fund the trading account.

After the referred person has opened a minimum of 10 trades on their new trading account.

The referral bonus, or commission, that the trader receives in return will be determined by the first deposit amount that the referred person makes, and it can be broken down as follows:

$500 – $2,000 – $50

$2,001 – $5,000 – $100

$5,001 – $10,000 – $150

$10,001 – $20,000 – $200

$20,001 and more – $250

Additional bonuses, promotions and rewards

Avatrade does not offer any other bonuses or promotions such as a broker bonus or a trading bonus which rewards loyal customers. These broker bonuses are often aimed at active traders and work to encourage the trading of higher volumes.

Although loyal customers are not rewarded by avatrade, avatrade offers competitive trading conditions along with comprehensive trading solutions and services as part of its exceptional offering.

When compared to brokers who offer bonuses such as no deposit bonuses, avatrade, however, makes their offering more attractive by occasionally offering first-time sign-up bonuses, or welcome bonuses, when traders register a real account for the first time.

Traders must note that only real accounts are eligible for these bonuses thus demo accounts will not be considered.

No deposit bonuses

The term "no deposit" refers to the fact that you can open a forex no deposit account to benefit from a free money trading bonus. The purpose of this is to give the broker a promotional edge and attract new traders. A no deposit bonus means that you can trade on the platform before you decide whether or not to make a real money deposit.

Many forex brokers are offering this incentive. The amounts they offer will vary, and it will take time to search for the one that offers what you are looking for. In addition to the free bonus it is useful to find one that offers a demo account. This way you get lots of chance to practice before you risk your own money.

We spend our time reviewing the various brokers so if you don't have time to trawl through the best forex brokers, fear not! Our team are experienced in forex trading. They know what to look for, what makes a good broker and what you need. Select from our list of recommended brokers and choose the one that best suits your needs.

In this article, you will learn:

Top rated forex sites

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

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

How to use your bonus

When you open a forex account, you should have a clear trading strategy. You might find that those that offer forex bonuses don't provide a demo account and vice versa. If you can find one that provides both and ticks all of your other boxes then this gives you a good start. So how should you use your forex no deposit bonus?

Testing the platform

While you may be able to sign up for a free demo account and should if, given the opportunity, there is nothing like trading on the live platform, making real trades. The no deposit forex bonus allows you to try out the desktop and mobile versions of the site before you deposit your funds.

Comparing brokers

You may be stuck between two brokers and struggling to decide which one is for you. If they both offer a no deposit bonus, you can try them both to see which one you prefer. That way you haven't had to spend your money to find out which best suits your requirements.

Try something new

If you have experience in trading the USD/GBP for example but not the USD/AUD, then you may want to use your free bonus to try this new currency pair. You may be used to investing in the more major pairs and fancy trying a pair where you might get a greater spread. Tropical pairs, as they are called, are often very profitable.

Practise early trades

While a no deposit bonus won't be huge, it does allow you to practise on those first few trades and get any early mistakes out of the way before you risk your own money. This way, when you eventually start investing with your real money, you have more of an idea of what you are doing.

You can use the demo account to get used to trading on the platform and then you can use the bonus to make live trades. This is all before you even consider touching your own money. The two complement each other to provide you with the best trading experience.

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

Why brokers offer deals

Forex bonuses are probably the most significant promotion that a forex broker offers. Along with this form of incentive you will also see match deposits, demo accounts, refer a friend and several other incentives. They are all designed to give the broker the edge and make them stand out from all the other companies. It can be a very competitive environment with everyone trying to corner the market and be the best.

The trouble is there is only so far that they can go. While one broker might offer a massive no deposit forex bonus, another broker might provide an excellent demo account. When looking for the right broker for you there will be many different choices with quite a complex range of forex bonuses. From $5, $10, $20, $25 to amounts stating "up to $1,500" bonus, it can be hard to know where to begin. Each broker tries to differentiate themselves in any way they can.

This is good news for you as a trader. It means that there is plenty of choices when you are searching for the perfect broker. If you can find a broker that offers a forex no deposit bonus to use on your live account, a demo account, and one that has a mobile app and a website that provides plenty of education tools then you have pretty much everything you need. Of course you must make sure that they are trustworthy and reliable as well.

Forex no deposit bonus 2020 upto $2,200.00 free bonuses

Forex NO deposit BONUS 2020

No deposit bonus gives you a RISK- FREE START forex trading!

Register yourself a live forex account with bonuses offered by all broker here, spending $0 and trade live with upto $2,200 no deposit bonus. All profit are withdrawable! Take action now and happy trading.

XM is one of the largest investment companies in the world. Founded in 2009, XM claims to have more than 1,500,000 clients all over the world… – read more
get $30 bonus of $2200 START TRADING

FBS is an international forex broker that was founded in 2009 and claims to have a presence in over 190 countries. It has also received numerous international awards… – read more
get $100 bonus of $2200 START TRADING

Instaforex was created in 2007 and offers a variety of trading instruments including 107 currency pairs, 200 cfds on american shares, commodities (gold) and ECN broker services… – read more
get $1,500 bonus of $2200 START TRADING

Tickmill is founded in 2014, a forex and cryptocurrency broker. Offering more than 60 currency pairs, cyptocurrencies in trading… read more
get $30 bonus of $2200 START TRADING

Roboforex has over 8700 trading instruments. It is a regulated company founded in 2009 with headquarters in belize. It provides 6 trading platforms for its clients… – read more
get $30 bonus of $2200 START TRADING

FX open is one of the leading forex brokers in the world that provide a fair, reliable and transparent environment for all their traders. – read more
get $10 bonus of $2200 START TRADING

MT5 is sponsored by instaforex, where you accumulate bonus by posting on the forum, each post resulted a $0.20 bonus, credit is tradable, profit is withdrawable… – read more
get $500 bonus of $2200 START TRADING

Forex deposit bonus 2018

FBS, award winner of best forex bonus program in the world in 2014, offers 100% bonus for every deposited amount. If you deposit $100, you will get $100 added into your account. Hotforex, another award-winning brand, offers 100% credit bonus too. View our ratings below…

Something for nothing, or the best thing since sliced bread? The best forex bonuses.

We all like to receive something for nothing, and now you’re entering the world of forex trading there is something that is sure to catch your eye. Forex bonus offers will be coming at you left, right and centre, and you’ll soon find yourself confused about which way to turn. If you’re one of these people, or you’re simply looking for more information and trying to find the best forex bonus, we are about to help you, and you really don’t have to worry, because finding a top forex bonus isn’t as hard as it seems. Keep reading for our guide to choosing forex bonus brokers, and tips to help you decide whether they are an option you want to take advantage of.

A brief introduction to forex broker bonuses

We have to be honest here and tell you that forex bonuses aren’t the money-for-nothing offer they initially seem to be; but that being said, they are still an avenue worth exploring, whether you are new to forex trading, or a more experienced trader. Basically, a forex bonus is a promotion that is designed to attract new customers, or to keep existing clients interested in a service. A forex broker’s bonus is the same as many other promotions or special offers you may have seen offered by a number of other businesses and service providers, such as gambling sites, sports betting sites, and even on TV and in magazines. It often comes free of charge, but don’t be fooled into thinking there are no terms and conditions. We will always recommend that anyone considering taking advantage of a bonus spends some time carefully reading these terms and conditions, as these are often what trip people up. Each bonus offered will be unique and only apply to a certain broker, trading platform, or type of customer, and is in no way transferable. Bonuses can generally be classified into three different groups:

Welcome bonuses – these are quite possibly the most popular type of forex bonus, and are solely aimed at new customers. They can only be used once, and are not available for customers who have already registered and signed up with a particular forex broker. They include welcome bonuses, sign-up bonuses, and special offers for newcomers. In order to qualify for this type of bonus, you must be a new customer. In other words, you must never have registered, signed up, or traded with the site that is offering the bonus.

Regular bonuses – this type of bonus is designed with the existing customer in mind, and is designed to keep a client interested in trading with a forex broker they are already trading with. We think these are some of the best forex bonuses available, as they enable loyal customers to take advantage of certain privileges or extras that are not normally available to other traders. As with all types of bonus, they do come with certain terms and conditions, but these aren’t generally as onerous as those attached to welcome bonuses.

Third-party bonuses – there are a number of different types included in this group of forex bonuses, but they always involve a third party acting between the broker and the trader.

Now we’ve classified bonuses into three main groups, let’s look at some of the different bonuses available…

Different types of forex bonus available

Forex bonuses come in all shapes and sizes, and you’re sure to find the best forex bonus for you amongst them. We can’t possibly tell you which is the right one for you, though, as it is a very personal decision. We will, however, give you all the relevant details so that you can make an informed decision. We’ll also be bringing you news of the latest and the best forex bonuses as part of our forex broker reviews, so you can stay abreast of what is available. We can say in general that newcomers to the world of forex trading will get the most from welcome bonuses, while more experienced traders will benefit more from regular bonuses. You are likely to encounter one or more of the following forex bonus offers:

Welcome bonus – this could be a bonus that requires no deposit, or one that requires funds being added to an account. It is a once-only offer, and only new customers are eligible to apply. Spend some time looking at various online forex trading sites, and this is the type of offer that is possibly going to stand out the most. However, we should point out that not every forex broker feels the need to offer such a promotion.

No-deposit bonus – this is possibly second in line to the most popular bonus a trader will be looking to take advantage of. And again, it will be the one that features at the front of any online trading site. This particular forex broker bonus is once again aimed at new customers. As the name implies, no deposit is required in order to take advantage, but you usually have to be a new customer; which of course means you get to start trading straight away, before risking any of your own money. We should point out, however, that there are usually some very hefty terms and conditions attached to such an offer, and it is very unlikely you’ll be able to make a withdrawal until they have been met.

Deposit bonus – this requires a trader to make an investment from their own pocket before being able to access such a reward. If you see a mention of this type of bonus on an online broker’s website, it will usually be expressed as a percentage, rather than a monetary sum. Say, for example, the minimum deposit requirement for a certain type of trading account is $50, and the deposit bonus offer is 50%. After making your initial deposit of $50, your trading account will be topped up with an additional $25, which means you’ve got $75 in total to trade with.

Refer a friend – this is one of the most popular third-party forex bonuses available. The promotion takes the form of a reward, which could be a certain amount of trading money or a percentage amount. It requires a trader to refer a friend to the same broker. The reward isn’t given straight away, but is dependent on the friend opening a trading account and depositing some funds.

Loyalty bonuses – these vary immensely across the range of different brokers, and also depending on a client’s experience and trading history. They can take the form of trading cash bonuses, free trades, the services of a personal account manager, one-on-one training, and a whole host of other benefits.

Demo account – while not strictly a bonus, we like to include this as it gives new traders the opportunity to practise trading without risking any real money. Most online forex brokers offer this sort of account, and it is certainly something we always look out for when writing our forex broker reviews. The only downside to this type of bonus is that it will never make any profit; but on the other hand, it will never lose any of your money.

Forex contests – these are really a recent addition to the world of forex trading, but they are often available for traders with either real or demo accounts. There can be real cash prizes, or other prizes such as iphones, holidays, or even a car, and a host of other useful items.

There are also a number of other types of bonuses, such as the following:

Volume bonuses – these are offered to high-volume traders, often in the form of a cash-back.

Freebies – these could be free training courses, ebooks, webinars, and other educational material.

Rewards – these are different bonuses that are given as a reward for meeting certain requirements.

Rebates – these usually take the form of cash bonuses for trading.

Forecast bonuses – this type of bonus is awarded to a trader who makes the closest prediction.

Draw bonuses – prizes are given by holding a draw.

As you can now appreciate there are a number of different ways in which you can earn a top forex bonus. Some of them require traders to do something, while some require a deposit of funds into a trading account. There are other bonuses that have no specific requirements in order to receive the bonus, but there will be conditions attached if you want to make a withdrawal. You may be wondering how you can find all these interesting bonuses. Well, let’s give you some tips on how…

How to find the best forex bonus

There’s nothing to feel bashful about. Wanting to know about all the best deals and how you can find them in the future is only natural. This is one of the reasons we created this site: to keep all our visitors informed and up to date with all that is good in the world of forex trading, which includes lots of useful reviews, guides on different ways of trading, an introduction to the different types of forex broker, useful tools to use to your advantage, and all the latest forex bonus offers. So let’s see if we can help you with some useful tips, aside from reading what we’ve got to say:

Don’t just use your current trading platform for trading. Visit some of the other pages such as forex broker news and special promotions.

Type “best forex bonus” or “top forex bonus” into your favourite search engine and you’ll be directed to hundreds of forex bonus brokers. We would, however, only advise you to choose bonuses from reputable and reliable online forex trading providers.

Read a selection of forex broker reviews, and that includes those that we feature. There is usually a section of the review that covers bonuses, and you could well find something that suits you.

Sign up and participate in some of the many forex forums, as this is a great place to share other traders’ experiences. You’ll hear about some of the bonuses other traders have taken advantage of, as well as how they work and how to make the best use of them.

Ask fellow traders for their help, but we would only recommend that you take the advice of experienced traders.

We have to say that there is a lot to be said for taking advantage of the best forex bonuses, and every trader should seriously consider them. Whether you’re a novice or a more experienced trader, there are a lot of ways you can benefit from the gifts, promotions, special offers and bonuses offered by many forex brokers today. You should cleverly prepare your trading strategy before that. There is a downside, however, which it is only fair to inform you of before we finish…

The downside of forex bonus offers

If you spend any length of time reading about forex trading online, a subject that is regularly touched upon is problems with forex bonuses. There are plenty of traders who find the time to make comments about the terms and conditions nearly always attached to various bonuses. A common problem seems to be withdrawing the bonus funds, and the fact that more often than not it is impossible. Bonus funds can generally only be withdrawn after a certain volume of trades has been filled, which means that the only real advantage of a bonus is the increased leverage it brings. The trading volume is usually rather large, and there is often a time limit. So, if you aren’t planning to trade on a regular basis, and are really only dabbling in the forex market, you might be better off giving any kind of bonus a wide berth.

Our advice is to always carefully read the terms and conditions before signing up for a trading account and accepting the bonus, and never choose a forex broker based solely on the bonuses on offer. It is certainly one good reason to pick a forex broker, but there are a number of other factors to take into consideration.
That being said, there is still a place in the forex trading world for bonuses, and they are in no way a bad thing. Just remember that the forex world doesn’t have streets paved with gold, and you should never let your common sense fly out the window. Hone your skills, be a disciplined trader, and you’re sure to enjoy a level of success.

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