100 deposit bonus brokers

FBS doesn’t accept clients from the US, belize, russia, and cyprus there’s no time limit for keeping the bonus amount in your account

Free forex bonuses

100 deposit bonus brokers

100% no deposit bonus forex brokers

If you are looking for the forex brokers with the best 100% deposit bonus, you ‘ll probably want to double your account because either you think your money isn’t enough to trade or you may think that if I can take advantage of some free money, why not!

For whatever reason you want to double your account with a deposit bonus, you should know that there are some differences between the 100% deposit bonuses of different forex brokers.

For example, some of them are withdrawable but others are just to support your margin and enable you to trade larger lot sizes.

Some others only have the name of 100% deposit bonus and are basically for advertising purposes.

For finding the best 100% deposit bonus, I searched a lot of forex brokers and went through the terms and conditions of their deposit bonuses to see how realistic they are.

Some of them were totally useless, so I eliminated them.

I’ve found some that have better conditions than others, either they are withdrawable or not.

Let’s find out about them.

Forex brokers with the best 100% deposit bonus

Here’s a list of the forex brokers with the best 100% deposit bonus along with a concise version of their terms and conditions:

1- hotforex

Hotforex offers two types of 100% bonus on new deposits, 100 credit bonus and 100 supper charged. One of them is withdrawable and the other can’t be withdrawn and it’s more like a rebate or cashback system.

Hotforex doesn’t accept clients from the US, and canada. The UK and EU clients of hot forex can’t request for its bonuses

Let’s take a look at the terms and conditions of hotforex 100% credit bonus:

100% credit bonus

To be eligible for this bonus, you need to deposit at least $100

The bonus is available for these types of accounts of hotforex: micro, premium, and islamic

For releasing the bonus, you need to trade a specific number of lots which is calculated as follow:

For example, if you deposit $100 and receive a $100 deposit bonus, you need to trade 50 lots (100/2) in order to be able to withdraw the $100 bonus.

There’s no time limit for completing required lots

So in the example above, you may trade 50 lots in one month, six months, 12 months, and etc.

The positions with the profit of 3 pips or less aren’t taken into account when calculating the required lot size

So, besides not being able to choose the ECN account, your 3 pip positions aren’t been considered for 100% deposit bonus which makes the bonus not favorable for scalpers especially for the ones hunting 2 or 3 pips.

The maximum 100% bonus you can get is $30000 for each account and $150000 in total

So if you want to deposit more than 30K and request for the bonus, you should open two, three. Or 5 accounts.

If your equity goes below the amount of your deposit, the bonus will be canceled

For example, if you deposit $100 and receive a $100 deposit bonus, then trade and lose $100 (your deposit), the $100 bonus will be removed automatically.

You can find a full version of the conditions here.

The bonus is withdrawable

There’s no time limit for lots completion

You can’t choose ECN account

100 supper charged bonus

As mentioned before, this bonus is more like a cashback system than a deposit bonus which means you receive a portion of every lot you trade.

Let’s see what the terms and conditions of the hotforex 100% supper charged bonus are.

The minimum deposit for being qualified for this bonus is $250

Only premium and islamic accounts are available for this bonus

So just like the previous bonus, this bonus is not a good option for scalping.

Unlike the 100 credit bonus, this one is just given to one account which means you can’t open several accounts and request for it

The maximum bonus you can receive is $50000

The bonus is not withdrawable but profits and rebates are

For every standard lot that you trade you receive 0.2 lots

For example, you trade 1 lot EURUSD which is worth $10, so you receive $2 as a rebate.

The maximum rebate you can get is $8000

Trading forex pairs and gold are taken into consideration when calculating rebates

So for example, if you trade cryptos or indices, you don’t receive rebates.

If your equity gets under your deposited money, just like the previous bonus, your bonus will be removed

Find out more about super charged bonus here

Just available for premium and islamic accounts

2- FBS

FBS has a 100% deposit bonus offered for every deposit you make.

FBS doesn’t accept clients from the US, belize, russia, and cyprus

Ok, let’s see what we can find out about FBS 100% deposit bonus

There’s no minimum deposit for receiving the bonus and you can request that with any amount of deposit

The deposit bonus is available for all types of FBS accounts except for ECN

The bonus is withdrawable but before withdrawal, you need to trade a specific number of lots

There’s no time limit for completing required lots

The required lots are calculated as follow:

For example, you deposit $120 and receive $120 as deposit bonus. You need to trade 40 lots before withdrawing the $120 bonus.

If you lose 70% of your initial deposit, the bonus will be canceled

The maximum bonus that you can ask for is $10000.

You can find more information about FBS deposit bonus after registration here and in your cabinet.

The bonus is withdrawable

There’s no time limit for completing required lots

Fewer required lots compared to other brokers

No ECN account available

3- roboforex

Roboforex has another forex broker that has up to 120% deposit bonus which is called classic bonus.

Roboforex doesn’t accept clients from the US, canada

The minimum deposit is $10

You can pick from one of theses percentages as deposit bonus: 25%, 50%, 100%, and 120%.

For instance, if you deposit $1000 and request for 50% bonus, you’ll receive $500 and your account becomes $1500.

You can withdraw the bonus after trading a specific number of lots as follow:

For example, you deposit $400 and receive $400, now you have to trade 200 standard lots before withdrawing your bonus.

No time limit for lots completion

The maximum bonus you can ask for is $50000

The bonus will be canceled if you lose your deposited money

There’s no time limit for lot completion

No ECN account available

4- instaforex

Instaforex has several bonuses including 100% deposit bonus which is available for your first deposit in every account you open.

Instaforex don’t accept US residents

There’s no minimum deposit for using this bonus

The bonus is not withdrawable and you can only withdraw your profits

The maximum 100% bonus you can receive is $2000, however, if you deposit between $2000 and $5000, you’ll be offered 50% bonus for the $3000 reaming deposit. For any amount above $5000, you’ll receive 30% as the bonus

For example, you deposit $7000. In this case you can get 100% for $2000 which is $2000, 50% for $3000 which is $1500 and 30% for $2000 which is around $666. Therefore, for your $7000 deposit, you can receive around $41666.

Only the standard and cent accounts of instaforex are available for this bonus

You can just trade forex pairs and other trading instruments such as cryptos, indices, and etc aren’t available

If your equity goes below the 120% of the bonus, it’ll be canceled

For example, you deposit $100 and receive $100 as the bonus, now you have $200. Then you trade and lose $120. In this level, your bonus will be canceled and your account will be $0.

If you don’t trade for one month, the bonus will be canceled

More about terms and conditions here

Not much, because the bonus acts as margin supporter

5- justforex

Just forex has several one-time deposit bonuses including 50%, 100%, and 115%.

Justforex don’t accept US residents

The minimum deposit for 50% bonus is $100. Between $100 and $500 you can request for 100% bonus and above $500, you can receive 110% deposit bonus.

The bonus is withdrawable after trading a number of lots

The number of lots you need to trade before the withdrawal is calculated as follow:

There’s a time limit of 30 days for completing the required lots

For example, if you deposit $300, you’ll receive $300 as the bonus. Now, you need to trade 100 lots in order to be eligible for withdrawal.

Pro, mini, and standard accounts are the available accounts for the deposit bonuses. Cent and ECN accounts of justforex are not included.

The maximum bonus that you can ask for is $40000

If your equity goes below your deposit, the bonus will be removed

For example, you deposit $200 and receive a $200 bonus. Now you have $400. Then you trade and lose $200. At this level, your bonus will be canceled and your balance becomes $0.

The trades with the targets of 3 pips and less are not considered when calculating required lots

So this bonus is not a suitable option for the scalpers who squeeze as low pips as 3 or less.

You can find a complete version of justforex terms and conditions here.

110% deposit bonus available

Time limit for completing required lots

ECN account is not available

6- superforex

Superforex has several deposit bonuses including a 120% one, which has been increased to 202% for the entire year of 2020

Superforex doesn’t accept US residents

The minimum money you need to deposit in order to ask for 202% bonus is $100 and there’s no minimum deposit for 120%

The bonus is not withdrawable and you can only withdraw the profits that you make

There’s no time limit for keeping the bonus amount in your account

If you lose your deposit, the bonus will be removed

If your margin level goes below 300%, the bonus will be canceled

So basically the bonus is worth nothing and is just for attracting clients

You can find more information after registration in your cabinet

7- trader’s way

Trader’s way is a forex broker that has deposit bonuses up to 100%.

Trader’s way accepts clients from all around the world including US residents.

There’s no minimum deposit for the 100% deposit bonus of trader’s way

The bonus is withdrawable and you can redeem it by trading a number of lots

For every dollar to be released, you need to trade 2 standard lots.

Let’s say you deposit $100 and receive $100 as the bonus. The $100 in your account is a 100 dollar credit and is not considered your money. As a result, if stop out takes place, it won’t help your margin.

Every 2 lots that you trade, $1 is deducted from the credit and considered as your money that you can either withdraw or keep it in your account for trading

The maximum deposit bonus that you can receive is $5000

This bonus is available for MT4.FIX, MT4.VAR, and MT4.ECN accounts of trader’s way. MT5.ECN and ctrader that are the other two types of this broker are excluded from this deposit bonus

There’s no time limit for releasing the bonus

News trading is prohibited when you are trading with an account attached to the bonus

More required lots compared to other 100% deposit bonuses

Common terms and conditions of 100% deposit bonus

Every forex broker that offers 100% deposit bonus has its own set of rules but many of these terms and conditions are common among them.

Let’s take a look at the ones that you probably see in the terms and conditions of the 100% deposit bonuses.

If a deposit bonus is withdrawable, you need to trade a specific number of lots before you can withdraw that.

Every forex brokers set out its own calculation for required lots. For instance, some tie every dollar to one lot and others release $3 for one traded lot.

For example, you receive $120 as deposit bonus. Brokers A allows you to withdraw that amount after trading 120 standard lots but broker B releases your bonus after trading 40 standard lots.

Another condition that you might come across is time limit.

Sometimes a forex broker sets a time limit for trading the mentioned specific lots. For example, you need to trade 30 lots in one month.

If the required lots you need to trade are in the common categories such as one lot for 1, 2, or 3 dollars; that time limit makes the bonus hard to release.

For example, you get $120 and for releasing that, you need to trade 40 lots in 30 days. As you can see, it’s very hard to pull off.

The next condition that you might see is setting a limitation on the maximum 100% deposit bonus you can request for.

For example, the max bonus you can receive is $50000 so if you deposit $60000, you only receive $50000 as bonus, not $60k.

The other important condition that you should be aware of is related to the number of withdrawal or the conditions that might happen if you withdraw your money before trading all the required lots.

In some cases, you can only withdraw once and after that, your bonus will be canceled.

For example, you’ve received $100 as deposit bonus. According to the conditions of the bonus you need to trade let’s say 50 lots. You trade 10 lots and release $20 of your bonus.

If you take that profit out of your trading account, the rest, or in some cases, a part of the bonus will be removed.

The bottom line

If you are looking for increasing your edge and profitability, looking for the forex brokers with 100% deposit bonus can be a wise idea because if there’s extra money to make, why shouldn’t.

However, you should completely be aware of the deal you get and make sure that none of the clauses of the bonus is against your style of trading and your trading, in general, doesn’t hurt in any way.

The only way that you can be confident about that is by reading the terms and conditions of the bonuses meticulously.

I tried to give you concise reviews of them and mention the important ones so you have a general idea of which one to pick but make sure to read them completely on the brokers’ websites. That’s why I provided a link to the terms and conditions pages after explaining every one of them, above.

Get 100% deposit bonus

Open a forex trading account with traderstrust and receive up to $10,000 per account

The 100% deposit bonus is an excellent way to enter the forex market and increase your chances of success. A bigger deposit allows you to manage your risk better, trade more efficiently and test the excellent conditions offered by traderstrust. Don’t miss this opportunity to double your money, the bonus is only valid for a limited time!

Claim your 100% deposit bonus in 3 steps:

Register

Open a trading account with traderstrust and get verified.

Deposit

Make a deposit of $300 or more to your account.

Activate

Complete a bonus claim form and submit it. That’s it!

Successful investing starts with a 100% deposit bonus!

Trade with confidence. Trade with traderstrust.

RISK WARNING our products are traded on margin and carry a high level of risk, thus it is highly possible to lose all your capital. These products may not be suitable for everyone and you should ensure that you understand the risks involved. Please review our risk warning ‘risk disclosures for financial instruments & investment services’.

LICENCES AND AUTHORISATIONS

TTCM traders capital limited (herein "TTCM BM") is a limited liability company, incorporated in bermuda under section 14 and 6/132C(1) of the companies act 1981 and registered with the registrar of companies under company number 54135, with registered address 5th floor, andrew’s place, 51 church street, hamilton HM 12, bermuda

The websites www.Traders-trust.Com are operated by TTCM BM

RESTRICTED REGIONS:the information on this website is not directed on residents of certain jurisdictions/countries including but not limited to australia, new zealand, canada, iran, iraq, north korea, USA, cuba, syria, sudan, afghanistan, guyana, lao people’s democratic republic, uganda, yemen, venezuela and puerto rico or to any jurisdiction where such distribution would be contrary to local laws and regulations.

FX brokers with deposit bonus

This is when a broker gives clients a bonus amount that is based on a percentage of your deposit. The bonus is typically issued as a credit and cannot be withdrawn; it will usually expire after a defined period of time.

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Risk warning: trading forex, cfds and other leveraged derivatives is considered a high risk investment and may not be suitable for everyone. We do not provide investment advice and the bonuses or promotions offered by brokers are listed for comparative purposes only. Please read our terms and conditions and privacy policy for more information, and NFA's forex investor alert.

Forex no deposit bonuses

Presented free bonuses are a great way to learn about the forex market. By real cash trading, you can feel the emotions and pressure related to the struggle for earning real money. No deposit require bonuses are the best option to start trading without the risk of losing your own money. Here you will find the best no deposit required bonuses offered by forex brokers. Information are regularly updated. Click “broker review” to view details of broker or “more information” to view details of promotion.

List of free forex no deposit bonuses 2021

Featured forex no deposit bonuses 2021

Forex no deposit bonuses 2021

No-deposit bonuses, which require or may require a deposit in order to withdraw them or profit

Ended bonuses

Is it really free money?

Yes. Brokers offer free bonuses with real money. They are free but require you to do certain activities to receive them and to withdraw them.

Can I withdraw no deposit bonus?

It depends. Some bonuses can be paid out and others cannot. On the other hand, almost always profit is withdrawable.

What should I check when choosing a bonus?

– terms and conditions, the bonuses with the detailed rules are much more reliable
– possibility and requirements to withdraw the bonus
– countries where it is available
– verification procedure, required documents
– possible fees for inactive account

Why brokers offer forex no-deposit bonuses?

To promote themselves. It’s a great way to encourage traders to start trading with the selected forex broker.

What is the difference between no deposit bonuses and deposit bonuses?

No deposit bonuses are incentives that are very rare. Getting this means that the broker is shelling out something to get the investor without receiving a deposit. However, it is best to read the fine print on any advertisement and clarify the information before deciding on this. As opposed to the no deposit bonus, forex deposit bonuses are promotions that are given to new traders who deposit investment money for the first time. There are some brokers who offer this every time additional money is deposited to the account.

What’s new?

Meefx – welcome bonus 5 USD

Instaforex – one million option

MFM securities – matador contest

Forex4you – trading hero contest

Justforex – 2021 trading contest

117 COMMENTS

Friends. Do not enter these brokers, they are thieves. Brokers have to offer an ECN account welcome bonus

Thanks you are doing great things

Scam scam scam scam scam and big scam
windsor brokers free account $30
I make 31.40 profit when i send to request for withdraw my profit my account is terminated and after received this mail.
Please be informed that the company is not able to verify your identity and therefore may not allow you to proceed with the opening of a trading account as of the 10/07/2020.

So, guys please, don’t waste you time on windsor brokers

Thanks for advice, which one is better?

Can someone here please recommend a trustable NDB broker,really really needed.Thanks for the help in advance .Stay safe!

I once traded with them but only my luck of knowledge…..But they are cool!

As long as the road is right, you are not afraid of the road

Od, and problem solving are concerned as wel facebook.Com

Comment: fund your own account if you don’t want sh***t to happen. These bonus things are have impossible T&C’s, some of the rules change during the course of the trading journey

Traders never ever trade with extreme forex because they are extremely scammers.I traded with their no deposits bonus and completed 5lots with 3weeks but they didn’t allow withdraw

There is no single bonus of new bonuses without proper deposit
all – other than it’s small and trivial – are also false
each of the companies that advertise their offers sets conditions that are impossible to meet
please contact the site management to review these bonuses and make sure they are serious and credible
if I found false do not enable this company to advertise on the site
because these companies are fraudulent and advertising through the site will cause the site to lose its credibility
I hope to work and repeat please that the administrators of the site work with this advice
thanks management site

Ive been try for the freshforex no deposit with bonus of 2019.. I have been trade for 7 days after they withdraw my profit 112 dollars this is. A big scam bonus.

25% deposit bonus
open a new live account and receive a deposit bonus up to $500.

The following terms and conditions apply:

The bonus will be deposited together with your initial deposit.
The minimum deposit for the deposit bonus is $500.
Once we have received your deposit, we will add 25% more in your trading account as a credit, for example if you deposit $1000, we will add a $250 credit, for a $2000 dollar deposit $500 will be added etc.
The maximum deposit bonus credit is $500.
The bonus credit can be withdrawn after the total volume of traded orders reach bonus size divided by 2. For example if your deposit is $1000 and bonus $250, in order to withdraw the bonus, you need have traded at least 125 full lots during the past 6 months.
The campaign applies only to new clients unless invited separately.
Only one deposit bonus is allowed for each client. Family members are not considered as new clients.
The bonus credit cannot be used for margin. If your account balance drops to 20% of your original deposit, the bonus credit will be removed.
Max leverage for accounts with the bonus credit is 1:200.
The bonus has to be requested separately after your account has been activated.
Assetsfx reserves the right to make changes to these terms and end the campaign at its own discretion without any prior warning.

Instant cash back
open a new live account with at least $500 and receive $1.50 instant cash back for each lot you trade!

No need to wait until the end of the month and calculate if have you opened enough trades. We return immediately $1.50 per lot to your account as soon as the trade has been closed.

The following terms and conditions apply:

The minimum initial deposit for a new account is $500 or equivalent in BTC.
The promotion applies only to new clients or returning clients who have not traded their account for at least 6 months.
The bonus has to be requested separately after your account has been activated.
Applies only to forex pairs and metals.
Cannot be added to an account which has been signed under an IB.
Cannot be combined with any other promotion.
Assetsfx reserves the right to make changes to these terms and end the campaign at its own discretion without any prior warning.

Windsor is a scam broker i applied for no deposit bonus when i made 71$ and place the withdraw request they refused and replied you are not entitled for this bonus i advise all the brokers please please don’t waste you on windsor this is a shit broker………

هi trade with them and i take my profit bro i toke 131 dollar

Tell meh about broker you use plz
claudyjumaa@gmail.Com

Which broker did you use,sir?

Roboforex scam don’t open account with them I, after my account verified they said I can’t get 30 bonus

Roboforex is indeed a scam after I verified my doc the say antifraud won’t allow me to receive a bonus

From what I read. You need deposit $10 using your own bank card in order to get the bonus. Please read the terms before registering to any of bonus offered.

Thanks for advice, which one is better?

Hello I just want to know which broker I should open please I open FBS n when I withdrew their tell me stories

It sucks in mongolia, scammed many traders, have issues with withdrawing and pricing. Also it sucks it disapperas money from account (used, regretted, not recommended at all.

XM ер нь хамгийн сайн нь байх гэж бодож байна найзаа. Яагаад гэвэл шалгуур болон боломж нь илүү найдвартай байдаг шд.

Withdraw хийхэд дажгүй болоод л байдаг шд. Удаан л болохоос *hehe*

Haha..I know this brooker very well. I dont wanna lost even bigger with them.

I start my trade with xm and he is the best broker my son introduced me and now I experience myself that he is one of brokers i chose and i recommend my students also to register with xm with 30 no deposit bonus you can make good profit

What are the requirements or terms and conditions before you withdraw ur profits you made by their bonus?

Tell me about they keep saying staff that don’t make sense hot forex is the best

Actually I use FBS withdrawal is easy

WELCOME BONUS OF USDT 100 ( no-deposit bonus )

Inoex exchange offers you the free funding of USDT 100 as welcome bonus to commence risk-free crypto trading.
As, we have integrated meta trader 5, we are pleased to offer ease in trading using salient features of meta trader 5.
Bitcoin, ethereum, ripple; these are some of the highly traded 30+ crypto currencies that you can trade against USDT in meta trader 5.
And the best part is you can trade these at leverage of 1:100. This means you have high margin of profitability as you can control and manage your trade with more sophistically.

When it comes to withdrawal, we offer instant withdrawals on profits made by using USDT 100 welcome bonus. (T&C applies)
our dedicated support team is available 24/7 to help you out of any problem, if any.
In short, inoex gives you the free balance to trade in meta trader 5 and you will have instant withdrawal of profits from the trading.

Terms and conditions
for USDT100 welcome bonus, you are required to open account with inoex exchange
to avail the USDT100 welcome bonus, you are required to request by contacting us
welcome bonus will be credited to your meta trader 5 trading account
this welcome bonus is in the ownership of the company and is not cash-able
30+ crypto currencies are available for trading including bitcoin, ehtereum, and ripple
the profit can be withdrawn at any time, as long as the equity is at least USDT 100
if the equity is less than USDT 100, withdrawal will be rejected
maximum profit, which can be withdrawn, is equal to USDT 200
withdrawing the profit, welcome bonus and all remaining profit shall be taken out from the trading account
to withdraw the profit, client must deposit at least USDT 100 in the trading account
to withdraw the profit, client must commence trading of 10 lots
the welcome bonus has unlimited duration and can be cancelled at any time on sole discretion of the company
profit earned using welcome bonus is also under the ownership of the company and can be cancelled at any time in sole discretion of the company
it is strictly prohibited to get the welcome bonus again by using a new registration or new trading account
by having this USDT 100 welcome bonus, you agree to the right of the company to cancel the bonus and all profits obtained through the bonus at any time without giving any reasons at sole discretion of the company

Đã nêu chương trình khuyến mãi không cần ký gửi mà yêu cầu phải nạp 100$. Khác gì lừa đảo.

I have profit from broker amega with use promo 222 usd account and i withdraw my profit 22.39 usd from my account 1000016874

I have profit from broker amega and i withdraw my profit 22.39 usd from my account 1000016874

I’m just starting trade with amega no deposit bonus $222.So far this broker is very fast when you close your order.My friend have two times withdraw with no deposit bonus $222.So I recommend this broker you should try.

Many of the bonnets without filing have become unreal
so we ask the officials in the site not to announce them so as not to lose credibility
examples of these bounses:
1 – XM group
2 – kirik markets
3 – forexchief
4 – corsa capital
5 – fxplayer
6 – upforex
7 – CF merchants
8 – fxreino
9 – fxlinked
10 – windsor brokers
11 – emporio tradin
12 – N1CM
13 – FW markets
14 – world forex
15 – paxforex
16 – fortfs
17 – fxgiants
18 – tradevest
19 – continue FX
20 – honor FX
all these companies are fraudulent

XM GROUP is exempted they can be trusted

Si asi es yo retire 1000 dolares de ahi en xm si se puede comerciar

Fraudulent as [moderated] XM

Comment: i give signals, will you try it out.

Uniglobemarkets is offering $100 no deposit bonus
NO deposit bonus $100
https://www.Uniglobemarkets.Com/fb-no-deposit-bonus/

The terms are so unfavorable. 15 lots so many to meet for one to be able to withdraw, no joke when dealing in a volatile market.

I want a no deposit trade

Following no deposit bonus promotion, there are rules to look for. Many traders are late aware of the shortage because they do not really understand the rules. If it is like that, then it doesn’t matter how good the trading, it will not bring desired profit. Therefore, before signing up for a no deposit bonus, understand carefully every policy specified by broker. If you object to the rules, it’s better to leave early than to regret later. After all, no deposit bonus promotion not only available in one broker. Every traders are free to choose the most ideal no deposit bonus promotion according to their condition.

Hello. My account 26258 REALTRADE. I trading profit 70 eur and withdraw to skrill. I waiting money 10 day and support silent…. Broker scam! Carefully.

Https://fxfinance-pro.Com very good brokers offer $100

How do I claim the bonus?

I’ve used windsor and I traded and made 32$ profit and I did withdraw to webmoney they approved my request very fast

If you want a real NDB that you have dreamed about, unlike any other, join the fxfinance-pro promotion before it ends. No limits on profit! Only 1 lot per $10 requirement! No restrictions!

I am so tired of reading bogus reviews running down brokers with this word “scam”. I can bet that most of them are made by people without proper ID or they have used irregular trading methods to obtain profits and lot requirements. These reviews are made in frustration and provide no help to those of us who are looking and searching to kick off their trading careers with a NDB. One of the purposes of no deposit bonuses is to attract new clients and for the broker to test trading conditions. You cant expect to just take something and not be prepared to give something back in good faith. They cannot do their research if you are not trading in a normal fashion.

Another thing is that if you are stupid enough to allow an “advisor” to take over your account and do your trading for you then you shouldn’t cry when you lose all your money. Just because you lost all your money on a bad trade doesn’t necessarily make that broker a “scam”. It is the name of the game. You must know when to pull out of a bad trade before you lose everything. Make your own decisions on when to trade. There are no fantastic “once in a lifetime opportunities” to be missed in this game. Don’t let anyone try tell you that! The stock market exist with thousands of instruments breaking out in all directions every minute. Things go up and down all the time 24/7 365 days a week. Every one is an opportunity not to be missed. Have read fundamental analysis by top “financial experts” saying completely different things on the same day on the same trade. I have read multiple experts all saying the same thing and the market failed to respond. No one knows for sure. Do your own research and use and trust your own instincts. It must be great to be an advisor and play with other people’s money! Their advice is not flawless. They have nothing to lose and will gamble with your hard earned savings without a shadow of regret. Sometimes their job might be to in fact make you lose your money in the case of a market maker stock broker (as opposed to ecn or dma) who would benefit from that, and to get their commission. Their instrument for making making money isn’t the stock market, it’s the telephone! How can you trust someone who you have never ever seen?

That doesn’t make market maker stock brokers a bad thing. I would warn people not to accept a mentor. Be careful if you are asked to provide credit card pics revealing all the numbers or asked to give the numbers over the phone. Don’t give verbal agreement to allow the operator to make a deposit. Only make deposits within an encrypted website. It is possible that account managers act on their own scam operations within good brokers in their greed to earn more commissions. I have no doubt there are some brokers that are complete scams though.

Who can you trust? That is what these reviews are for. To give useful information. Sometimes you may even get a review site that looks good but is a part of a scam and will adverise the scam broker included with the good ones! You can’t just accuse everyone you don’t like as a “scam” or because they didn’t open your account. To “scam” means to steal something valuable from you. If you didn’t make a successful withdrawal from a NDB does NOT mean you got scammed. You can’t get scammed out of a no deposit bonus. You have absolutely nothing to lose except your ID theft at the worst. The only way to do your research and avoid getting
your ID information stolen is to read reviews. Just bear in mind that most of the reviews are bogus and not a true reflection of the broker. If you were not successful with a NDB does not mean that you have been scammed. They have the right to cancel the agreement at anytime and it is the basic agreement of every NDB. They do not have to provide a reason and spend time negotiating on your credibility. I would say that most of the people pointing the scam finger are themselves guilty of doing the scamming or guilty of some dodgey move. That is why they were not paid out. It’s a pity that successful withdrawls are rarely posted.

NDB’s are there for us to learn from our mistakes, and if you are very very very lucky you will be able to actually begin a trading career without an outlay. Most of the time it is just a deposit bonus in disguise. It is very difficult to make any success with anything less than $100 so a lot of them are just a waste of your time. Some of them require you to close 50 lots to achieve $25 which is only available if you deposit another $25!

Like you I have also lost many NDB’s with almost every broker out there trying to get off the ground. I hope that you have learnt your lessons through these experience as I have.

So far I have been lucky with fxfinance-pro. I haven’t made a requested for withdrawal yet, but I have faith that these ruskies will honour the agreement. They don’t have online chat or account managers calling you every five minutes, but if you have a problem their support will get back to in around 24 hours.

Posting this review is not part of their bonus agreement although you do have to make a repost on a russian site merely explaining the terms of the bonus. They do not pay you to make reviews like this, so before you accuse me of working for them, f@# you in advance.

I put my cock on the block and recommend fxinance -pro for a REAL and proper NDB that can get you started and a russian broker you can trust.

Am so happy with this review because likes you just said I have lost many NDB and just lost one today with a very big lesson out of it which made me to start another search again for another NDB and I guess I have found one and strongly believe that this very one will get me started. Thanks.

Hi, bro. I’m a beginner in this world and reading you I noticed you know a lot about it. I would like to talk to you about trading. Can we? Here is my phone number to chat via whatsapp +57 (310) 770-7998.

Ilqar august 7, 2017 at 6:01 pm

Terms & conditions of no deposit bonus

To take part in the promotion, you need to be a client of “GICM” with a real account and verified personal details
minimum withdrawal is 25 USD
bonus amount can’t be use for internel transfer
account should be maintained with us for 30 days
trades should be done as per our terms and conditions
only profit amount allowed to withdraw and it will be processed in any of our payment methods in the direction of company.
The bonus can be awarded once per household or IP address or phone number or a customer.
Good groker il like it
reply

Well, I do find fresh forex as a good broker. I utilised their no deposit bonus and made profit from trading and withdrew without a problem after fulfilling the necessary lots. The speed and execution on their ECN account is great, the customer service is very helpful. No commission on deposits and I am actually impressed with the overall service, so far so good. I recommend.

Why on their terms and conditions written that you should deposit funds similar to gained profit for you to withdraw?

I believe capital one is a scam, the way they spam is so serious.

Totradefx $15 no deposit bonus

The best no deposit bonus offer is back from totradefx.. Register now and get $15 absolutely free.. Best conditions to with draw bonus

These are good brokers XM, fx pro, iron FX and hot forex.

WTF iron fx just askme to deposit 40k to start trading…

Get 100% deposit bonus

Open a forex trading account with traderstrust and receive up to $10,000 per account

The 100% deposit bonus is an excellent way to enter the forex market and increase your chances of success. A bigger deposit allows you to manage your risk better, trade more efficiently and test the excellent conditions offered by traderstrust. Don’t miss this opportunity to double your money, the bonus is only valid for a limited time!

Claim your 100% deposit bonus in 3 steps:

Register

Open a trading account with traderstrust and get verified.

Deposit

Make a deposit of $300 or more to your account.

Activate

Complete a bonus claim form and submit it. That’s it!

Successful investing starts with a 100% deposit bonus!

Trade with confidence. Trade with traderstrust.

LICENCES AND AUTHORISATIONS

The websites www.Traders-trust.Com are operated by TTCM BM

TRADE 100 BONUS —
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Bonus information

Get our trade 100 bonus and start your forex career! It works the same way as in sport – first you train and learn, then you earn and get stronger, faster and more efficient. Trade 100 bonus is your personal tool for toning up your brain

What you get with trade 100 bonus

FREE $100 TO TRADE

FBS gives you real money to start your forex journey and trade real

BOOST YOUR SKILLS

To level up your trading you need power-ups: besides $100 you get a full set of educational materials

START WITHOUT DEPOSIT

Learn how to trade and make a real profit out of it – with no need for your own money involved in the process

How can trade 100 bonus help

Trade 100 bonus gives beginner traders a chance to study the basics, get fully involved in the process of real, thorough and effective trading. And the best part is – you don’t need any initial investments for it! Take your time to get to know forex and FBS platform, test your hand, gear up with knowledge – with fewer risks involved

If you are an experienced trader, trade 100 bonus is your chance to get familiar with FBS platform. Trade on major currency pairs, enjoy low spreads and swap free option for your trading and, of course, make some profit out of our welcome gift!

How to get $100 of profit?

Use the money to get 30 days of active trading and trade 5 lots

Succeed and get your profit of $100

Bonus conditions

The bonus is available on metatrader5 platform;

The order volume is 0.01 lot;

The sum available for withdrawal is 100 USD;

The required number of active trading days is 30 (active trading day is a day when the order was opened or closed);

The maximum number of positions opened at the same time is 5;

Client should have at least 5 lots traded in the period of 30 active trading days

View the full terms and conditions in the personal area

Instant opening

Withdraw with your local payment systems

Contact us

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The website is operated by FBS markets inc.; registration no. 119717; FBS markets inc is regulated by IFSC, license IFSC/000102/124; address: 2118, guava street, belize belama phase 1, belize

The service is not provided in the following countries: japan, USA, canada, UK, myanmar, brazil, malaysia, israel and the islamic republic of iran

Payment transactions are managed by НDС technologies ltd.; registration no. HE 370778; address: arch. Makariou III & vyronos, P. Lordos center, block B, office 203

For cooperation, please contact us via support@fbs.Com or +35 7251 23212.

Risk warning: before you start trading, you should completely understand the risks involved with the currency market and trading on margin, and you should be aware of your level of experience.

Any copying, reproduction, republication, as well as on the internet resources of any materials from this website is possible only upon written permission.

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Don’t waste your time – keep track of how NFP affects the US dollar and profit!

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100 deposit bonus forex brokers

Forex brokers with 100 dollar deposit bonus can be defined as a firm or company that provides forex traders with various trading platforms for the sole purpose of buying and selling of foreign currencies with specific promotions and bonuses of 100 dollar. These forex deposit bonuses are only made available for the forex trader after a unique amount of money have been deposited in his forex trading account.

Forex brokers which awards 100 dollar to their customers as a trading bonus monitor and advice the forex trader on the current happenings in the forex market including currency exchange rates. These forex trading brokers which are also called retail forex brokers handles a small part of the overall forex market volume and are usually compensated through the bid and the ask spread of a currency pair.

The deposit bonus of 100 dollar is made available to the forex trader after registration and signing up with the website involved, opening a live forex trading account and making a deposit of the required sum on money in the trading account. After these steps, the forex broker gives out the 100 dollar bonus instantaneously.

BENEFITS OF A 100 DOLLAR DEPOSIT BONUS TO A FOREX TRADER

The deposit bonus offered by forex brokers to their customers (forex traders) is seen as a welcome change and help in the forex market in which every trader look up to. This extra credit offered to forex traders helps to enhance forex trading if everything goes in agreement with trading rules and regulations. These forex deposit bonuses help to reduce the risk of losing forex investments where every minimized risk counts.

These deposit bonuses gives forex traders a relaxed mind and the courage to trade various currency pairs in which they won’t trade with their own money on a regular day. They are mostly used by new forex traders who have no income or savings to trade forex. By using these deposit bonus, the can not only trade with 100 dollar but can also withdraw the money if found in a winning position.

In conclusion, forex deposit bonus offered by forex brokers can be very lucrative in nature but most bonuses are not easily gotten. Most forex brokers that offer 100 dollar deposit bonus limit the bonuses to a lot of rules and regulations before withdrawal. These forex bonus regulations and rules are sometimes not attainable and this fact tends to frustrate the forex traders. But in the means of this difficulty, many forex traders still find means of overcoming the task and requirement thereby qualifying for the deposit bonus and withdrawal conditions. In brief, forex traders should be careful of scammers and also engage in a research in other to know the true deposit bonus forex brokers.

The content of this article reflects the author’s opinion and does not necessarily reflect the official position of liteforex. The material published on this page is provided for informational purposes only and should not be considered as the provision of investment advice for the purposes of directive 2004/39/EC.

Best no deposit bonus forex brokers 2021

The brokers below represent the best no deposit bonus forex brokers.

Cfds are complex instruments and come with a high risk of losing money rapidly due to leverage. 79.27% and 73.32% of retail investor accounts lose money when trading cfds with tickmill UK ltd and tickmill europe ltd respectively. You should consider whether you understand how cfds work and whether you can afford to take the high risk of losing your money.

Cysec, FCA, FSA(SC), FSCA, labuan-fsa

Trading derivatives and leveraged products carries a high level of risk, including the risk of losing substantially more than your initial investment. It is not suitable for everyone. Before you make any decision in relation to a financial product you should obtain and consider our product disclosure statement (PDS) and financial services guide (FSG) available on our website and seek independent advice if necessary.

Ctrader, MT4, MT5, proprietary

Dealing desk, ECN, market maker, no dealing desk, STP

Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.

Note: not all forex brokers accept US clients. For your convenience we specified those that accept US forex traders as clients.

Tickmill

Regulated by: cysec, FCA, FSA(SC), FSCA, labuan-fsa

Headquarters : 3rd floor, 27 - 32 old jewry, london, england, EC2R 8DQ.

Tickmill was founded in 2014 and is regulated by the UK financial conduct authority (FCA), the cyprus securities and exchange commission (cysec) and the seychelles financial services authority (FSA).

The broker provides more than 80+ CFD instruments to trade on covering forex, indices, commodities and bonds through three core trading accounts called the pro account, classic account and VIP account. They also offer a demo trading account and islamic swap-free account.

GO markets

Headquarters : level 22, 600 bourke street, melbourne, VIC 3000, australia

Australian brokers are definitely making a name for themselves in the trading arena as some of the most reliable, intuitive and forward thinking firms around. This broker is no different with a wide variety of tools, assets and reasonable trading conditions.

GO markets pty ltd an ASIC regulated broker has been in operation since 2006. The head office is located in melbourne, australia. With over a decade of experience, GO markets has grown to become a leading broker with a huge client base from over 150 countries. GO markets offers forex, share cfds, indices, metals and commodities for trading on the MT4 and MT5 trading platforms.

Roboforex

Headquarters : 2118 guava street, belama phase 1, belize city, belize

The roboforex brand is operated by the roboforex group, and is located in belize. Roboforex began operations in 2009 and has grown in size and capacity. The brand offers over multiple trading instruments which include forex, stocks, indices, etfs, commodities, energies, metals and cryptocurrencies.

They also offer cutting edge platforms. Roboforex boasts of over 800,000 clients from 169 countries. They are both a dealing desk and non dealing desk broker offering ECN and STP trading accounts through their platforms. This means a different payment model to you the trader eg. Lower spreads for ECN accounts with some commissions to pay.

*leverage depends on the financial instrument traded and on the client’s country of residence.

Axiory

Headquarters : no.1 corner of hutson street and marine parade belize city, belize

Axiory was founded in 2012 and is a trading name of axiory global ltd which is authorised and regulated by the international financial services commission (IFSC) of belize. The broker segregates client funds from their own and offers negative balance protection. The company is also audited by pricewaterhousecoopers and is a member of the financial commission.

Users can choose from three types of trading accounts called nano, standard and max to trade on 80 different markets covering forex and cfds on indices, energies, stocks and metals. Axiory offers maximum leverage of up to 1:500 and also provides access to islamic swap-free accounts and a demo trading account. Users can also access data regarding execution times and slippage distribution for even more transparency.

What is a no deposit forex bonus?

A no deposit forex bonus is a cash award that is deposited by the broker into the forex trader’s account, without requiring an initial deposit into the trading account by the trader.

Just like the deposit bonuses in forex (which require you to deposit first), the no-deposit bonus is used strictly for trading purposes and can only be withdrawn from the account on fulfillment of the broker’s trade volume requirements.

Typically, the no-deposit forex bonuses are not as large as the deposit bonuses. They range from between $10 and $200, depending on the broker. They are actually meant to introduce new traders into the world of real money trading and are not meant to be used for profit-oriented trading. Think of it as a form of live, real money practice account where you keep all the gains. If you lose money, you have lost nothing.

What should I do to get my bonus?

Most of the no-deposit forex bonuses in the market can be obtained as exclusive offers through affiliate partners of the forex brokers that offer them. The forex brokers who award the no-deposit forex bonuses directly are typically in the minority.

What is the difference between no deposit bonuses and deposit bonuses?

No-deposit forex bonuses do not require an initial deposit into the trading account before they are awarded. This factor distinguishes the no-deposit forex bonus from deposit bonus, which like the name implies, requires a deposit from the trader before it is awarded.

No-deposit forex bonuses are smaller in size as they mostly serve for live account practice.

What other bonus and promotion types do brokers offer?

Other bonuses and promotions may be given out by brokers occasionally.

The cashback is the commonest bonus which a trader can get. Although this requires that some previous deposit would have been made by the trader, cashbacks are a good way to earn back any money that has been lost in previous trades. These are provided by brokers automatically without requiring further deposits.

Trade contest awards do not require a previous deposit. You can participate in various trade contests on broker platforms for a share of the prizes. Cash prizes are usually awarded to traders as a no-deposit bonus. All you need is to ensure your account KYC documents are in place and you can claim your award if you win.

Some brokers provide traders with tools they need to trade with on fulfillment of certain conditions such as attaining certain trade volumes within a specified time frame.

Conclusion

Are you looking for the best no deposit bonus forex brokers for 2017? Here we show a list of these brokers which we have compiled after careful evaluation of various candidates. Ensure you use the no-deposit forex bonus wisely and use it to enhance your live account trading experience.

20 best forex bonuses for 2020

As forex trading goes mainstream attracting forex trade enthusiasts, brokers get to understand that it is not enough to have a solid reputation of trust and reliability. They need to incentivize traders into registering with them, and most have found huge success introducing bonuses; both for no-deposit welcome bonus and initial or recurrent deposit bonuses.

In this post, we review the best forex brokers with the highest deposit bonuses, and also explain what it takes to unlock these benefits. These are often expressed in percentages of the deposit amount. Our approach to the high bonuses subject is holistic and extends way beyond the bonus to touch on aspects of the forex broker reputation like the ease of doing business with them, and their reliability.

Best overall forex bonus

We’ve analysed all the forex bonuses in the market and found the following broker to have the best welcome offer, bonus terms, platform, usability and regulation. Click the link below to claim your bonus or read on to find out why this is our top choice.

1. Plus500: $25 bonus for customers outside of europe (best for south african traders)

Plus500 is a well-regulated forex broker holding licenses from the cysec, FCA and listed on the london stock exchange.

This broker offers a fantastic forex trading platform where investors can trade on 60+ forex pairs including the most popular forex pairs like EUR/USD, GBP/USD and EUR/GBP with leverage up to 1:30. They offer a very low minimum deposit of $100, which means your forex account can be worth up to $3,000 if using leveraged positions.

Their platform also counts with various advanced trading tools such as stop loss and stop limits, to ensure full customization and control over your forex trades, and minimize losses, a factor that is very important especially when using leverage. Plus500 also offers free forex signals and indicators as well as access to advanced charts and educational resources.

Plus500 offers low spreads starting from 1.9 pips on forex trading, and the account opening process is smooth and hassle-free.

Plus500 is currently offering a $25 free bonus to all traders outside of europe on forex trading. This bonus is available when you deposit the minimum required amount on the platform and open your account using this link. The welcome offer is only available to new customers, and the terms and conditions apply (check your country is eligible for the bonus before depositing). The offer is available to redeem within 90 days. Click the link below to claim your bonus today.

Plus500: claim your free £/€/$25 forex bonus

Free $/£/€25 bonus for new clients

Fully regulated forex broker

$/€/£100 minimum deposit

Best US forex bonuses

Even though the number of US forex brokers delivering access to the financial markets is rising, the actual number of companies offfering their services for US customers and residents is a number that has barely moved through the years.

If you are interested in starting a career in the forex market and you are a citizen or a resident of the US, check out these brokers below, all offering fantastic bonuses for american traders.

1. Libertex – 100% welcome bonus

Libertex rewards new traders a 100% welcome bonus for every deposit over $100. While the minimum deposit amount to receive the welcome bonus is $100, the maximum bonus amount is $10,000. Libertex welcome bonus will be paid over the course of 90 days in 2% payment chunks. A user simply needs to register for a trading account and fund the account with the minimum amount of $100 in order to get the libertex welcome bonus.

The converted bonus gets paid to your trading account and you are free to withdraw or trade with this money, however, libertex maintains basic requirements for rewarding its new traders. Whenever a trader reaches a certain percentage of the bonus earned, libertex pays the converted bonus to the trader’s account.

2. Forex.Com – $50 bonus

If you are interested in trading in the US, you see yourself being rejected by most european brokers due to tight requirements needed for americans. If this did not make you drift towards a different asset class you might want to consider opening a trading account with forex.Com. The firm might not offer any of the marketing tools and benefits from the majority of firms in europe, but in exchange, you will gain access to one of the most respected and stable forex brokers in the world.

As a symbolic benefit, forex.Com offers a one time bonus of $50 per user after they’ve deposited at least $250 to start their own account. This might not sound like much but considering the fact that it is an american broker, it is more than I would have ever expected!

3. Paxforex- 100% loyalty deposit bonus

Paxforex rewards new and existing clients 100% deposit bonus for every deposit over 1200$. The bonus will be paid over the course of one year and the first payment will be sent to your account as soon as your deposit clears. Paxforex will match your deposit in bonus money which will be divided by 12 equals parts and granted every month. The bonus amount can be used only for trading and cannot be withdrawn. Paxforex has a limitation of $10,000/EUR 9,000 on the total deposit bonus amount on one forex account.

Best non-U.S. Forex bonuses

If you are outside of the U.S, there are a number of well-regulated brokers offering attractive welcome bonuses for all forex traders. Below, we list the top fx bonuses for traders in europe and rest of the world. Be sure to read the broker’s terms and conditions before you deposit to ensure the bonus is suitable for your needs.

1. Global pro trader – 100% bonus on FTD via card, 150% bonus on FTD via crypto

Global pro trader rewards traders with 100% bonus on first time deposit (FTD) via card and 150% bonus on first time deposit (FTD) via crypto. Note that, the bonus is only available to one account and cannot be transferred between accounts. It also has a minimum trading volume of the bonus amount divided by 4 in order to withdraw bonus funds. The bonus and profits made on the trading account can be withdrawn once the minimum trading requirements have been fulfilled.

More importantly, the bonus can be redeemed once a trader has executed 30 standard lots for every $1000 bonus, within 60 days (44 market days) of receiving it. To qualify for the globalprotrader bonus, traders must complete the registration process and deposit funds through credit card or cryptocurrency.

2. Avatrade- welcome bonus up to $16,000

Avatrader is also keen on incentivizing individuals who wish to open trading accounts with them by offering deposit bonuses of up to $16,000. Unlike most other forex brokers who express their deposit bonus as a percentage of the deposit amount, avatrader maintains a graduated scale for rewarding its new traders. Individuals interested in their platform can use the online calculator on the avatrader website to determine the bonus attributable to their initial deposit. The bonus is however only available to new trading accounts that deposit a minimum 1000 units of their preferred base currency (USD/GBP/EUR). To move the credited amounts to the withdrawable balance side, you must execute a trading volume 10,000 times your deposit within six months.

3. Easy markets- 50% deposit bonus

Easymarkets rewards anybody who opens a trading account with them with up to 50% bonus on their first deposit amount. This is only applicable to new accounts that receive the upwards of $100 as initial deposit. The graduated bonus scaling technique rewards 30% bonus for deposits below $200 and 50% for initial deposits between $200 and $1000 while the rest, above $1000, get a 40% burp as a bonus. The broker has set the maximum allowable bonus per account at $2000. Unlike most forex industry insiders that avail the bonus for withdrawal after a target volume of trade, easymarket’s bonus is not withdrawable. There is however no restriction to profits earned by trading the bonus amount.

4. FXTM- up to 30% welcome bonus

The percentage of deposit bonus reward by forex time (FXTM) brokers depends on your geographical region. For instance, FXTM clients hailing from south east asia and the greater china region are eligible for a deposit bonus of up to 30% and a maximum amount of $100. FXTM trading account clients in africa will also get back 30% of their deposit amounts with the maximum amount allowed capped at $300. Traders in the middle east who open and fund a trading account with FXTM will get back 10% of their deposit amounts and a maximum of $300. To qualify for the bonus, the trader must complete their trading account registration and verification and also fund their respective account with the minimum deposit within six months.

5. Instaforex- 100% deposit bonus

Instaforex offers one of the widest ranges of deposit bonuses to its clients, depending on the trading accounts opened with the broker. The most popular in the 100% marching bonus to initial deposit made to any trading account. The broker also gives out a 30% bonus for all other subsequent deposits with instaforex club accounts receiving a 40% bonus. There is also the 50% chancy deposit bonus that is given once a month for deposits exceeding $3000. They also have a promotional 55% deposit bonus program for all accounts opened after june 2013. Withdrawing profits derived from the deposits with broker’s bonus is allowed but the credited deposits amounts will only be moved from the credit to the balances section once the trader hits the required trade volume limit.

6. FP markets- 20% credit bonus

FP markets rewards its traders with a 20% initial deposit bonus that is credited to their trading account. Qualifying for the bonus starts by completing the trader verification process and funding an account with an initial deposit of between $100 and $25,000. Note that, this is only available to traders maintaining the standard, raw MT4, and MT5 trading accounts. It also has a maximum allowable bonus amount set at $5000. While the amounts may be used to cover drawdowns, it will only be activated in the case of negative balance. Profits from the bonus amount can be withdrawn freely but you have to fulfill the required trading volume requirements to convert the bonus into cash.

7. Octa FX- 50% bonus on each deposit

Octafx offers a deposit bonus of up to 50% on all deposits above $50 regardless of the currency base or preferred payment system. This is available to all the trading accounts hosted by the broker, including ECN accounts. The trader is however at liberty to decide the level of bonus they prefer (below 50%) when making their deposit as this plays a key role in affecting the trading volume required to activate the credited amounts and transferring them to the withdrawable balance section. Additionally, the bonus can be traded on different platforms, including metatrader accounts integrated with an expert adviser. Profits can be withdrawn without restrictions, but withdrawing the deposit amounts below the level of the credited amounts cancels out the bonus.

Factors to consider when choosing forex deposit bonus

Before requesting for the 100%+ bonus or cash rebates, there are a few factors you need to consider. These are all contained in the fine print of the broker’s terms and conditions, and touch on how you interact with the ‘free trading money’ and its impact on your actual deposit. They include:

Size and impact on your trades

Ideally, the higher the deposit amount you request the larger the impact it has on your trades. For instance, some brokers will set a minimum or maximum lot size that you can execute as long as the deposit amount remains active. More importantly, the larger the advanced amounts, the higher the trading volume lots required to convert it into cash.

Flexibility and adaptability

To what extent can you use the deposit amounts or the profits accrued from its use? Can it be used to shield against negative balances? How easy is it to withdraw the profits derived from its trade or do you need to fund the account to activate it like in the case of no-deposit bonus? Pay attention to these details when reading through the terms and conditions a broker has attached to their bonus and only accept it if you consider them tolerable.

Time limit to trade volume execution

If you accepted a 20% bonus on a $1000 deposit that requires a trade of 10x the deposit amounts to release $1 of the bonus to your account, you will have to execute trades worth $2,000,000 before the full bonus amount is converted into cash. This explains why a majority of traders taking up bonus offers never get to enjoy them. Plus the higher the bonus amount, the larger the trading lots and the longer it will take to execute them. Take this into account and only take it if you consider the trade volume and the time given to be reasonable.

Should you accept a forex bonus?

Deposits bonus play a key role in helping advance your profitability. While all these forex brokers treat the bonus as a credit advance, they don’t restrict the use of any profits derived from its use. Most will also give you a chance to win and claim it as cash as long as you fulfill their set conditions that revolve around limiting the withdrawal of your deposit, as well as, executing enough trades.

You, however, have to be careful when interacting with the free deposit bonus. Take time to vet a forex broker, paying attention to how they disburse and handle credited bonuses. Consider brokers with flexible deposit bonuses that cover drawdowns and allow for the unconditional use of profits accrued from their trading the bonus. Avoid the rest whose credited amounts won’t cover drawdowns.

Other types of forex bonuses available

Forex no-deposit bonus: this refers to the deposit awarded to a trader for every account opened with the forex broker. It is credited to the trader’s account and is not withdrawable until a set of terms are fulfilled. These are perfect for testing the effectiveness and transparency of the forex broker.

Forex welcome bonus: this is advanced to new traders who open an account with a broker, regardless of whether they make the first deposit or not. It may, therefore, double up as a no-deposit or initial deposit bonus. The difference between the two is that while most brokers offer a no-deposit bonus to multiple accounts by the same client, most will only advance the welcome bonus to a client once regardless of the number of accounts opened.

Cashback (rebate) bonus: this works like the recurrent deposit bonus with the only exception that the rebate bonuses are offered in terms of specific amount and not as a percentage of the deposit. For instance, a broker may award $100 for every deposit a client makes above $1000.

Personalized/VIP bonus: this is a specialized type of bonus advanced to a selected group of clients. In most cases, VIP bonus is advanced to high volume traders operating special types of accounts and their terms are also more favorable.

Loyalty bonus: loyalty bonus is set aside by forex brokers for their distinguished existing clients. In most cases, the broker establishes a loyalty program that rewards traders with points for every trade or lot executed. Traders are then promised a cash bonus upon hitting a particular milestone.

Criteria we used to rank forex bonuses

Deposit bonuses are gradually evolving into one of the most critical factors enthusiastic traders put into consideration when deciding the broker to invest with. This has allowed most brokers of ill repute to lure innocent traders and entice them into making a deposit with them with the promise of huge but complicated deposit bonuses. We have however taken time to sort these out and present to you only the most reputable and highly reliable industry operatives. Safe for high deposit bonus and reputation, other factors we put into consideration when vetting the forex brokers include:

Regulation

Minimum deposit amounts

Flexibility (withdrawable profits and ease of conversion to cash)

Brokers with low spreads

Risk management tools

Conclusion

There is a huge number of forex bonuses available in the market, and choosing the right one based on your country, legislation, budget and trading needs is crucial. Forex bonuses are a great way to get started if you have a limited budget, or if you want to grow you account. However, it is important to keep in mind that even though a bonus might look like a great benefit to have, in most cases it is simply used as bait to attract and lure inexperienced investors and traders, so we urge you to read the broker's terms and conditions carefully before depositing funds in hopes of receiving a bonus which may not be suitable for you.

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