Best forex bonus

Account transfer bonus is an incentive program designed to help traders switch their brokerage accounts by transferring their funds from one broker to another.

Free forex bonuses

Using The Best Forex Bonus For Boosting Your Account Equity, best forex bonus.

Several large and professional traders often make use of this type of bonus to increase their trading capital without actually investing in the markets. Some brokers offer as much as 25% bonus for transferring all of the funds from another broker to their own account, while traders can increase this bonus further by negotiating tactfully with the company representatives. Of course, this kind of bonus cannot be withdrawn directly, unless the trader transacts the minimum amount of volume in the markets to offset the broker’s bonus costs. The deposit bonus is a conventional forex bonus that is directly proportional to the trading capital deposited into a brokerage account. Brokers are very clear about the exact size of bonus that is available for a particular amount of deposit, which is usually measured in percentage terms. Some brokers might offer a fixed deposit bonus system according to their products portfolio, but for simplicity purposes, deposit bonuses are usually offered as a percentage of the initial deposit. Most regulated brokers offer a bonus in the range of 5-50%, while forex bonuses as high as 200-300% are not uncommon.

Using the best forex bonus for boosting your account equity

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

Recommended forex brokers

Why do brokers provide A forex bonus & how much?

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

What are the different types of forex bonuses?

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

Deposit bonus

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

No deposit bonus

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

Account transfer bonus

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

Loyalty program

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

Seasonal promotions

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

Cash back and rebates

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

Affiliate bonuses

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

VIP bonus

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

Electronic gadgets & gifts with redeemable points system

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

Staying on top of seasonal forex offers

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

Top reasons to decline A forex bonus

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

If your broker imposes severe restrictions on your trading capital.

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

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

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

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

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

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

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

Forex bonus - best forex bonus 2021!

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

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

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

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

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

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

1. Forex no deposit bonus

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

2. Forex welcome bonus

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

3. Forex deposit bonus

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

4. Forex regular customer bonus

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

5. Forex reload bonus

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

6. Forex cashback bonus

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

7. Forex loyalty bonus

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

8. Forex VIP bonus

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

How to find the best forex bonuses?

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

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

Things you need to consider:

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

1. Use the service of trustworthy brokers

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

2. Read the conditions carefully

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

3. Choose your bonus well

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

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

Best forex bonus

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.

Top 10 best forex brokers with bonus and promotions for 2021

Top rated:

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

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

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

Are these bonuses really free money?

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

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

What should I check when choosing a bonus?

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

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

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

Top 9 forex brokers with bonus and promotions

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

1. FBS

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

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

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

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

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

3. Instaforex

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

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

4. Fxopen

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

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

5. Roboforex

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

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

6. Hotforex

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

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

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

7. Octafx

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

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

8. FXTM

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

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

9. Vantage FX

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

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

Different type of bonuses

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

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

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

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

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

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

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

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

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

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

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

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

Tips on how to choose a bonus and a broker

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

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

Forex bonus - best forex bonus 2021!

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

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

How to find the best forex bonuses?

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

Things you need to consider:

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

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

BEST FOREX WELCOME BONUSES IN 2021! GET BONUSES NOW!

BRKV - for beginners who are new to the trading market, the best forex welcome bonuses serves as kind of a jump start for your career, therefore it’s very important that you could choose for yourself a broker with attractive welcome bonus programs. In this article today, I’ll be giving some of my thoughts on the matter as well as my detailed experiences and reviews of some of the brokers that I consider to have the best forex welcome bonuses programs.

Current brokers with the best forex welcome bonuses programs

Having traded for years and been with many popular and big brokers, I’ve finally narrowed my list of brokers with the best forex welcome bonuses to only 3 names, which are XM, FBS and exness. More details can be viewed as follow:

XM welcome bonus	get bonus here
XM deposit bonus	get bonus here
exness rebate	get bonus here
hotforex welcome bonus	get bonus here
xtrade welcome bonus
roboforex welcome bonus
FBS welcome bonus

Standards of the best forex welcome bonuses

Since this article is mostly about bonuses, below are my 3 personal standards when it comes to choosing a broker based on their bonus programs:

Easy withdrawal conditions

Some brokers have very strict policies regarding the act of withdrawing bonus. As a matter of fact, you can’t really withdraw your welcome bonus directly but do feel rest assured as you can still withdraw the profits gained from trading with the bonus money. That’s the reason for why some brokers have a certain condition that comes with withdrawing bonus such as the minimum lot traded requirement. More specific numbers on the minimum lot traded requirement of the aforementioned top brokers are as follow:

XM by far has the fairest withdrawal condition. Traders who do business with XM only need to complete 0.1 lot to be able to withdraw bonus profits. Learn more here.

Exness comes second with the requirement of 1 lot traded to be able to withdraw profits. Learn morehere

FBS has the 100 bonus programs, with the maximum welcome bonus being $100. The highest profit that you can withdraw for each lot traded is $3. For example: let’s say you gained $60 profits from 7 days of trading. In order to withdraw all that profits, you’d need to have traded at least 20 lots.

High welcome bonus value

Obviously, us traders need the best forex welcome bonuses amount to be as high as possible. Out of those three brokers that I’ve mentioned, FBS offers the highest attainable welcome bonus amount which is $100, while XM and FXTM offer relatively the same amount of welcome bonus which is around $30.

Reliable forex brokers

Without a doubt, your broker should always be reliable and has no shady side to it. Having traded with many different brokers, I consider XM to be the best in term of reliability and transparency.

Other types of bonuses

Beside the best forex welcome bonuses, most forex brokers also offer many different bonus programs such as deposit bonus or lot back bonus (loyalty bonus). More specifically:

Deposit bonus is the bonus program that is based entirely on your deposition amount, which is why you can get more money from this bonus simply by depositing more money.

Lot-back bonus, or loyalty bonus, is the bonus program that most experienced traders prefer since the program automatically rebates a portion of your every transaction to your account.

For example: XM’s spread for the EUR/USD currency is 1.4 pip and the rebate amount are $3 for each trading lot completed. This means that you only need to pay $11 for each EUR/USD lot instead of the whole $14 of the original spread .

Can you really withdraw forex bonus profits?

As I have mentioned above, to withdraw forex bonus profits, most brokers have certain withdrawal policies regarding this matter. Currently, there are two known withdrawal conditions that most brokers have:

Completed trading lot requirements

I’ve personally given an example and explanations regarding this requirement above. To sum it up, most brokers require you to have completed at least a certain amount of trading before you can withdraw the bonus. There’s also a downside to this policy which is that most of the time, the traders would have to deposit even more money than the bonus itself in order to complete the trading lot requirement.

No direct bonus withdrawal

Most brokers that I’ve done business with restrict its traders from directly withdrawing the bonuses such as welcome bonus or deposition bonus. This is due to the fact that if they hadn’t done so, tons of cheaters and exploiters would’ve taken advantage of the situation and made a profit for themselves.

Should we choose brokers with good bonus or low spread?

BRKV - at first, most people would seem to consider brokers with good bonus programs to be better than the brokers with low spreads. However, as traders, we also need to take our long-term plan into consideration. Brokers with low spread or overall better trading conditions always better in the long-term since essentially, you’re always trading with the best trading conditions that you could have when you choose those best forex brokers. As for me, I consider a broker’s credibility to be above everything else since I often have to deal with large amounts of money.

Top 4 best forex bonuses

I’ve personally done my own researches to find out which one among the top brokers has the better bonus programs. So far, I’ve narrowed the list down to 4 brokers with relatively superior bonus programs comparing to the other brokers. The specifics are as follow:

Best forex welcome bonuses - XM: 30$ welcome bonus check detailhere.

Best deposit bonus - XM: 100% deposit bonus check detailhere.

Lot back bonuses - exness: rebate 2 – 16$ per lot check detailhere.

Ways to exploit forex bonus programs

Needless to say, morality-wise, it isn’t good to use any kind of cheating method. However, if you feel the needs to do so, here’s the two popular methods, both of which involve creating multiple accounts to exploit the best forex welcome bonuses:

Hedge two newly created account. This means that you’d have to let one account wins and the other one loses in order to maintain a win rate of 50%. This method of cheating can only be applied on brokers with loose withdrawal policies.

This method is mostly the same as the first method but in this method, you also need to take advantage of the high leverages to open very big positions. For this method of cheating, a broker with high leverages is advised.

Bonus can be a very effective way for you to cut down trading cost. Other ways include trading with no swap brokers, no re-quote broker, or participating in the best forex contests.

Fanara filippo

Hey, I’m fanara filippo. I’m the founder of this site. I'm currently living in bangkok, thailand. I have been trading forex for more than 5 years. You can read my articles about the best forex brokers on this page. Let’s review brokers today.

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The 10 best forex bonuses for traders in 2021

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

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

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

Table of content

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What is a forex bonus?

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

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

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

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

What are the pros and cons of forex bonuses?

How does a forex bonus work?

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

✔️ deposit bonus

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

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

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

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

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

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

✔️ no deposit bonus

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

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

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

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

You can then start trading with your bonus funds straightaway

Terms and conditions of a forex bonus

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

�� minimum trade amount to withdraw

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

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

You’ve got £250 in bonus funds

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

£10,000 x £250 = £2.5 million

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

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

Engage in day trading that places dozens of trades per day

Often apply leverage to your trades

Your trade sizes are typically large

�� time limit

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

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

�� eligible pairs

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

�� supported nationalities

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

�� minimum deposit

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

Best forex bonuses in 2021 – the ultimate list

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

1. The moneta markets deposit bonus

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

Latest forex no deposit bonus list 2021

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

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

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

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

The ultimate guide about the no deposit bonus

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

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

No deposit bonus without verification

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

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

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

Why a no deposit bonus?

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

What about your profits?

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

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