Forex Brokers With Free Trading Bonus






Top 10 Best Forex Brokers With welcome Bonuses 2022

  • What is Forex Bonus?

  • Brokers Rating

  • Best Broker with Forex Bonuses

  • How to Get Bonus on FBS

  • What is Forex Rebate

  • Brokers With Welcome Bonus

  • Welcome Bonus Withdrawal

  • Types of Bonuses

  • Summary

  • Related Articles

  • FAQs

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To save your time, we can immediately tell you about the best broker offering the best bonuses. This is Roboforex. This broker gives 60% on the first deposit, and this is real money that you can use or withdraw later.

Get Bonus

This broker has all the necessary licenses and is verified by the Traders Union’s experts. It offers not only the best bonuses, but is also the leader by positive reviews on our website.

Foreign currency trading attracts thousands of new investors since it’s a large global market with low transaction costs and many other benefits.

But like all other trading and investment opportunities, it’s best to work with a broker to access the market.

You’ll find many forex brokers to choose from, so it’s best to know exactly what you are looking for and sign up for a service that makes it easy for you to trade Forex. In addition, many of them offer bonuses of several different kinds, making it easier for you to choose them.

In this article, we’ll learn about the best Forex brokers with bonuses. Let’s start with the basics.

Make your trading cost-efficient. Get spread cashback from Traders Union!


What is a Forex Bonus?

Brokerage companies use forex bonuses as promotional offers to attract new traders. The Forex bonus is either a fixed amount or a percentage of the initial deposit, and traders are usually allowed to access it as soon as they open an account, make a deposit, or start trading.

Rating of Forex Brokers with Bonuses

Each year every Forex broker company offers new and exciting bonuses to entice customers. Most brokers usually only give forex bonuses to new customers, but some go so far as to provide bonuses on every account reload.

But know that you’ll have to fulfill some conditions to be eligible for bonuses. These criteria vary from one Forex company to another, so make sure you study them before signing up.

This year’s top 10 Forex brokers with bonuses are:

# Broker Type of bonus Value Key details Regulation Bonus

1

RoboForex

Welcome Bonus

$30

To get a bonus from RoboForex:

● Open an account.

● Verify the account.

● Deposit at least 10 USD.

CySec, IFSC

Get Bonus

2

Instaforex

No-deposit bonus

$1000

How to get it?
Open a new account using the promotional form online and fully verify it.

Withdrawal:
The bonus cannot be withdrawn; only profits can be withdrawn after trading X * 3 InstaForex lots, where X — is profit volume (1 InstaForex lot = 0.1 Forex lot)

Also, as paragraph 6 claims: “The Client agrees that in some cases the company can ask him to replenish his account with real funds”.

BVI FSC

Get Bonus

3

FBS

No-deposit bonus

$140

How to get it?
Open a new MT5 account and request it.

Withdrawal:
Yes, after trading 5 lots for 30 days.

CySEC (Cyprus)

Get Bonus

4

XM

Welcome Bonus

100% up to $5000

To get a bonus from XM:

● Open an account.

● Deposit $5.

● Trade at least 1 lot to earn every $10.

CySEC, ASIC, IFSC

Get Bonus

5

Avatrade

Welcome Bonus

20% to first deposit from $1000

This promotion is available to non-EU clients only

To get a bonus from AvaTrade:

● Open an account.

● Deposit $1000.

● Get 20% to Deposit.

CBI, FSC, ASIC, FSP, FSA

Get Bonus

6

Tickmill

No-deposit bonus

$30

To get a bonus from Tickmill:

● Register an account with Tickmill.

● The welcome bonus will be added automatically after the application is approved.

● The welcome bonus account will have $30 in it.

Trading limitations:

● EA trading is not allowed.

● The bonus is valid for 90 days.

How to withdraw the profit:

● A minimum of $30 and a maximum of $100 profit can be transferred to a live MT4 trading account.

● One client is limited to one request for profit transfer only.

● Open a live MT4 account with at least $100 deposited into it.

FCA (UK), CySEC (Cyprus), FSCA (South Africa), LFSA (Labuan), SFSA (Seychelles)

Get Bonus

7

FXOpen

No-deposit bonus

$10

● How to get it? Register an FXOpen wallet, verify your phone number, register an STP account

● Withdrawal: trade over 2 lots to withdraw profits. The bonus is not withdrawable.

ASIC (Australia), FCA (UK)

Get Bonus

8

Weltrade

Deposit Bonus

100% every deposit from $200

To get a Bonus from WelTrade:

● Open an account.

● Verify the account.

● Deposit at least 200 USD.

IFSC Belize

Get Bonus

9

World Forex

Deposit Bonus

100% every deposit

To get a bonus from World Forex:

● Make a Deposit at any account from $100.

● Get 100% bonus + free VPS.

VFSC

Get Bonus

10

Libertex

Welcome Bonus

100% for first deposit

To get a bonus from Libertex:

● Open a new account.

● Get a 100% Bonus.

● Trade to convert bonus.

● Withdraw converted bonus to the trading account.

CySEC

Get Bonus

Read:  How to Do Forex Trading Without Investment

RoboForex – Best Broker with Forex Bonuses

According to reviews on the TU portal, RoboForex offers the best bonus programs among Forex brokers today. Let’s consider the main bonus programs of the broker in 2022.

1. Deposit Bonus

You can receive up to 120% deposit bonus from RoboForex for every account replenishment, which will dramatically increase your trading volume and earn more. According to the terms, you can withdraw the profit received from trading on bonus funds.

2. Welcome bonus

You can receive $30 after registering on the RoboForex website and verifying your personal data. You can use this bonus as a starting fund for trading. The broker also allows you to withdraw profit from trading on bonus money.

3. Profit Share Bonus

This bonus from RoboForex allows you to receive up to 60% in addition to the deposited funds from the broker. The Bonus can be used during “drawdown”, thus helping you to limit your own funds’ loss.

Get Bonus

How to Get FBS No Deposit Bonus

FBS is a prominent Forex broker that offers a unique no deposit bonus for new traders. Traders do not have to make any deposit to claim this bonus. As a result, they can start trading without the worry of putting down money upfront or making a considerable investment.

As one of the leading brokers with bonuses, FBS has improved this offer and named it the level-up no deposit bonus. It is perfect for entry-level traders who want to test out the markets and the platform without the fear of losing money. It also doesn’t hurt that FBS is easy to use and has fewer withdrawal conditions.

Here’s how you can get the FBS no deposit bonus:

Step 1

Download the FBS app and open an account. They won’t ask you for ID verification and contact details, so this step should be smooth sailing.

Step 2

You get a $140 bonus into your FBS account right away. Use it every day for at least 20 days (you have 40 days!) to learn how to trade and practice your Forex trading skills to earn as much money as possible.

Step 3

Get ready to go pro! Once the 40 days are over, transfer your profits into your real account and put them to good use.

Can I Withdraw My FBS Bonus?

You can’t withdraw, transfer, or deposit any amount from the bonus account.

However, once the bonus trial period is over and you’ve graduated to the real account, all your earning comes with you, and here you can withdraw your FBS bonus, subject to certain conditions.

In the real account, your balance can be seen in the promotion section. Every month you can withdraw the numbers of lots you traded multiplied by three.

Although in basic FBS accounts, you can withdraw any amount of money you want, traders do not have this liberty in bonus accounts.

Why Is It More Profitable to Open an Account Through TU?

Traders Union offers multiple discounts; the top among them is the Forex rebate.

In Forex rebate, a partial amount of commission or spread is returned to the trader. A broker facilitates the trader in buying and selling an asset and charges a commission amount for their service. Later, depending on the success of the transaction, the broker returns a part of the commission. This return is made through a third party, which is the Traders Union.

Best Brokers with Welcome Bonus

Forex Welcome Bonus is a reward for new traders offered by hundreds of online brokers with bonuses. The exact amount of this bonus depends on the broker’s business policies; it could either be a fixed amount given to all new clients equally or a percentage of the initial deposit they put down to trade Forex.

At the moment, the best Forex brokers with welcome bonus are:

Read:  Best Time to Trade Forex in New York
# Broker Bonus type Bonus amount Details Bonus

1

RoboForex

Welcome Bonus

100% for first Deposit

To get Bonus from RoboForex:

● Open account.

● Verify account.

● Deposit at least 10 USD.

Get Bonus

2

AvaTrade

Welcome Bonus

20% to first deposit from $1000

This promotion is available to non-EU clients only

To get Bonus from AvaTrade:

● Open account.

● Make a Deposit from 1000$.

● Get 20% to Deposit.

Get Bonus

3

XM GROUP

Welcome Bonus

100% up to $5000

To get bonus from XM:

● Open an account.

● Make a Deposit amount from 5$.

● Trade at least 1 lot to earn every 10$.

Get Bonus

4

Libertex

Welcome Bonus

100% for first Deposit

To get Bonus from Libertex:

● Open new account.

● Get 100% Bonus.

● Trade to convert Bonus.

● Withdraw converted bonus to trading account.

Get Bonus

5

AMarkets

Welcome Bonus

100% for first Deposit, Maximum – $10000

To get Bonus from AMarkets:

● Open account.

● Deposit funds.

● Contact your personal manager.

● Get 100% Bonus.

Get Bonus

Can I Withdraw My Welcome Bonus?

You cannot withdraw the welcome bonus. However, you can withdraw the profit gained by the trading of the welcome bonus. This withdrawal is also subject to certain conditions enforced to keep the trading platform safe from scammers.

Unfortunately, many people create an account to claim the welcome bonus, and then they disappear soon after withdrawing it. For this reason, new Forex traders must fulfill all the conditions placed for withdrawal.

Moreover, every Forex broker with a bonus has special withdrawal conditions; make sure you get familiar with them.

RoboForex

The welcome bonus withdrawal amount varies from account to account. But the primary condition of welcome bonus withdrawal is that you are not allowed to withdraw more than 250 dollars. If you try to draw more money than that, your whole bonus will be canceled.

AvaTrade

The account must be verified entirely and fully funded to withdraw money from the AvaTrade welcome bonus account. In addition, you also need to complete the required trading volume within six months of making a deposit. Only after that will you be eligible to withdraw the welcome bonus.

XM

Traders can withdraw the profits anytime from the welcome bonus. First, however, the trading volume in their real trading account must reach 10 micro-lots that are equivalent to 0, 1 standard lots.

Another condition is that the trader must have completed at least five turn trades rounds.

Libertex

Libertex does not allow you to withdraw the welcome bonus amount. However, you can use it for trading purposes and earn more from it. When you withdraw your funds from Libertex, you will have to forfeit a proportion of the bonus funds. This amount will be equivalent to the amount received from the deposit of the same size.

AMarkets

AMarkets do not allow you to deposit any amount in the welcome bonus account, but it lets you withdraw profits. The maximum profit you can withdraw is 200 dollars. If your total gain exceeds this limit, AMarkets will automatically remove that amount from your account.

In addition, you have to withdraw the profit within 14 days. If you do not withdraw your profit within the time limit, your account will be closed, and the profit will be canceled.

Main Types of Forex Broker Bonuses

All the new Forex traders can benefit from different types of bonuses. However, not every Forex broker bonus is for every trader. So review every aspect of the main types and choose the one that suits you best.

Forex Deposit Bonus

When you join a Forex broker with a bonus, you will be rewarded with a specific amount in your account after making a deposit. This reward is called the Forex deposit bonus. The particular amount of the bonus is dependent on your deposit amount. Furthermore, you can get this bonus on every deposit.

👍 Pros


Perfect opportunity for beginners to start trading


Earn big profits by using bonus money


It gives a boost to traders’ meager funds


Test the forex broker bonus money, and you can later invest more if you like their service


You can get huge profits without significant investment

👎 Cons


You will not be allowed to withdraw your own money unless you complete all the conditions


It negatively affects your trading


Bonus is not worth anything as it pushes you to trade more, and you can lose money in trading


It is not suitable for all-time capital traders


The broker can take back the bonus money anytime

Terms and Conditions

Every Forex broker with a bonus has different terms and conditions for getting a Forex deposit bonus. These terms and conditions can also change with time, broker, and new bonus campaigns.

Forex No Deposit Bonus

This is a standard welcome bonus offered by many Forex brokers.

Read:  Ascending and Descending Meaning in Forex Trading

It is a welcome gift from brokers to the new traders, and you can be eligible for this bonus without depositing any money in your account. But only first-time traders can avail of this bonus.

👍 Pros


Get huge profits without making any deposit


It eliminates the risk of losing money as your own money is not involved


Test the broker with the free money and decide if they are suitable for long-term use


Learn trading without risking your own money

👎 Cons


You need to trade for a certain amount of time to withdraw profits


You cannot withdraw all earned profits


This bonus is useless if you are a small trader as you can’t claim the profits


The broker can revoke the bonus anytime, thus stopping your ongoing trades

Terms and Conditions

  • Forex no deposit bonus is only offered to real trading accounts

  • Traders have to verify their personal information to avail of this bonus

  • The bonus amount is not fixed. Therefore, it can vary across different brokers and bonus campaigns

  • This bonus is only available to traders that have cleared the eligibility criteria

Forex Welcome Bonus

Forex welcome bonus is offered to new clients on their account opening. It is a greeting reward for new trading clients. Due to this, this bonus is only applicable on the first deposit.

👍 Pros


It provides additional financing for clients that are unable to make extensive deposits


Some brokers with a welcome bonus offer this reward without a deposit. So, traders can learn the rules without risking real money


Welcome bonus funds can be used to cover trading losses

👎 Cons


A certain amount of deposit has to be made to become eligible for the welcome bonus


You can only withdraw the profits after trading for a specific amount, or turns


A significant amount of free money can increase the risk of irresponsible trading

Terms and Conditions

  • Forex offers a 20% bonus on every deposited amount

  • The welcome bonus can be availed only in the first 14 days

  • The trading requirements should be fulfilled to get bonus credit

  • The maximum limit for a rewarding bonus is $5000

Summary

Forex bonuses are fantastic for making money. First, however, new traders need to learn which Forex brokers with bonuses are a perfect fit for them.

Every Forex broker bonus has its advantages and limitations. That is why you need to conduct an in-depth search before availing of a bonus. As there are multiple bonus programs, you are sure to find one that best suits your trading style.

Best Forex Brokers by Other Countries

FAQs

What are the eligibility criteria for the Forex bonus?

Every Forex bonus has different eligibility terms and conditions. Those are always listed on the Forex broker website. Primarily, you need to have a verified account to avail a Forex bonus. Unless you are claiming a no deposit account, first, you need to deposit to claim the Forex bonus.

How to find the best Forex bonus?

It would be best if you researched to find the best Forex bonus.
Do a quick Google search to find brokers with bonuses that are the best according to the traders. Next, make sure you are eligible for their bonuses. Also, don’t forget to check for any hidden terms and conditions that might make this a bad deal for you. Once you are satisfied with the broker, go ahead and sign up.

What are the common mistakes traders make while choosing a Forex bonus?

Traders usually go for Forex brokers that offer a wide commission per trade. But the profits gained from those bonuses get neutralized by additional expenses. They also neglect to read the terms and conditions thoroughly, which is vital since it mentions all eligibility requirements.
Furthermore, traders deposit enormous amounts of money at the very start, hoping for a big bonus. But they have very little experience trading, so they lose most, if not all, of it, along with the bonus.

Can Forex brokers revoke bonuses?

Yes, Forex brokers have the right to revoke the bonus anytime. It is clearly stated in the terms and conditions for all Forex brokers that they can cancel bonuses for any client whenever they want.

Forex Brokers With Free Trading Bonus

Source: https://tradersunion.com/interesting-articles/top-10-forex-brokers-with-bonuses/

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