Forex brokers bonus
Very simply, a no deposit bonus is an amount of money which is given to you as a trader just for completing the broker registration process.
New forex bonuses
This means that you do not have to deposit any of your own real funds to gain access to this no deposit bonus. Unfortunately, the answer to this question is no. The no deposit bonus offers are not available in the EU. This is due to the fact that the european market regulator, ESMA, has banned certain types of forex broker bonus offers under the mifid II regulations.
Top 6 best forex brokers with no deposit bonus for 2021
Top rated:
What better way to start trading than with a no deposit bonus forex broker? This should give you the perfect start to trading with some risk-free funds. To help you achieve that goal, we have put together a collection of the best regulated forex brokers in the market who offer a no deposit bonus to traders.
Beyond looking at more details of these top brokers, we will also provide more information on no deposit bonus availability, and how you can use these bonuses to your advantage when trading.
What is a no deposit bonus?
Very simply, a no deposit bonus is an amount of money which is given to you as a trader just for completing the broker registration process. This means that you do not have to deposit any of your own real funds to gain access to this no deposit bonus.
No deposit bonus: are they available in the EU?
Unfortunately, the answer to this question is no. The no deposit bonus offers are not available in the EU. This is due to the fact that the european market regulator, ESMA, has banned certain types of forex broker bonus offers under the mifid II regulations.
The result is that forex brokers’ no deposit bonus offers, and any kind of registration bonus offers are not allowed for traders who are in the EU.
Please note that the following bonuses are available only to people based outside the EU. Moreover, we do strongly suggest to not judge the broker based solely on the no deposit bonus, but on the suitability to your trading goals and preferences.
Top 6 best brokers with no deposit bonus
Here is a closer look at the top brokers we have selected who do offer a no deposit bonus.
Forex brokers 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.
Expose what is the meaning of forex no deposit bonus. You gain a real forex trading account with original money on it no deposit required from your side
Youвђ™re probably interested in forex live trading. It is a good way to increase your wealth if you have the right skills and knowledge about the industry as a whole. However, itвђ™s worth to mention that there are a lot of pitfalls in forex trading. If you fail to become an expert in trading before investing large sums of money in it, you may be leading yourself towards financial ruin.
Now, sure, you have read dozens of articles on forex and how to make a profit on it. You have seen dozens of people talk about their immense fortunes earned by trading. What you havenвђ™t seen is thousands of people who only suffered losses when they started trading. Donвђ™t become one of them, trade with skill.
You canвђ™t get experience unless you fail. But how do you get trading skills if you donвђ™t want to lose your own money to learn? The answer is to get a no deposit forex bonus on a forex trading platform.
It is a free bonus (no deposit required) with no deposit required and no strings attached. You just have to register to get anywhere from $30 to $500 for free to get you started in trading. Make sure you don't waste the money and work hard to learn the basics.
Is bonus with no deposit on forex a scam?
While the industry has seen some fraudulent projects, most places that offer trading bonuses with no deposit are trustworthy. The thing is there are so many trading platforms that they have to compete against each other to win new paying customers. Giving away some free money for you to learn how to trade is only beneficial for them.
Profit from their offers. Browse the list of trading platforms that offer no deposit bonuses and chose the most beneficial option fo you.
Forex no deposit bonus is risk free and deposit free bonus. You don’t need any deposit, the broker will give you bonus after opening a new account. Just you need to register with a forex broker and verify your account. Then you can start your live trading.
This how forex broker makes their potential client. Forex broker utilizes no deposit bonuses to pull in new customers, particularly in the event that they are new brokers, to expand their demographic as quickly as conceivable which is the reason they offer such free rewards.
Presently, forex trading becoming more popular, so there are too many traders and they want to start deposit free welcome mean no deposit bonus. Luckily, there is various forex broker offering no deposit bonus for beginners. They offer amazing bonuses, often $5 USD to 100 USD.
How free bonus is important?
Most of the brokers offering bonus. In any case, the greater part of them is unregulated. They are doing it is a great way to find new clients and they can’t find another good way. But regulated forex broker is good they offer some good bonuses for a newbie to familiar with live trading and their trading platform. We reviewed unregulated forex broker offer a free bonus with too many conditions and trading period is very short like 15 days, 20 days maximum 30 days, also you can’t withdraw the bonus, you have to trade required standard lot volume within a short time. Also, you fell trouble with leverage, the maximum amount of withdrawing and withdrawal method and other things. Then?
However, forex free reward is significant for currency traders. A regulated broker always offers a good bonus with some easy conditions to familiar with them. I think finding a trustable broker is important, so a beginner can join with a regulated broker bonus and they have to check some important factors like leverage, speared, fees and commissions and other things. One other thing is a security issue and trading platform.
So you already got it free bonus is important and joining with a regulated broker is better.
In this case, if you are a newbie in this forex trading market, obviously you can start with a free no deposit bonus. Forex is an extremely entangled and professional market, you need some experience to success on trade. In this case, if you are new in the FX market, utilizing a free reward can enable you to make some profit and increase some knowledge on how the market actually work you can make money more.
When you get familiar with your way (strategy, techniques), you don’t need the free reward again. You'd have the option to trade and make plenty of benefits by live trading. Moreover, experience traders, sometime takes a free bonus to multiply their profit and test a new strategy.
Terms and conditions for free forex bonuses
The different broker set different terms and conditions. There are a lot of terms and conditions in a free bonus, some terms and conditions are really hard. Like you have to trade a certain number of standard lot volume to withdraw profit. But there have also some good trader they regularly making money with this free bonuses. They use tricky techniques, they always hunt bonus presenting a website to choose an amazing bonus. The choose bonus then joins, start trading make some money, and build up their special strategy.
On the other hand, some other brokers will give you one time to withdraw conditions. Some will ask to deposit for withdrawing and some will say to start live trading and internal transfer your amount.
Discover more about the free bonuses
You have learned a lot already from here, but sometimes beginner asks some question us this like:
Is forex free bonus is a welcome bonus?
Actually, most of the time broker gives the bonus after joining with them so you can say it is forex welcome bonus.
Also, some reputed broker gives a bonus to their old clients and new clients, its deposit bonus like a 20% deposit bonus. Example: a trader after deposit $100 the broker will give $20 and the trader will able to trade with $100.
Does forex broker give no deposit bonus without verification?
Yes! Usually, a broker doesn’t provide the free bonus without verification. First things you need to fill-up at least your name and email, you have to confirm your email id for the complete creation of account.
Usually, the broker wants some individual data like ID card, passport or utility document after opening or before withdrawing profit.
But sometimes it happens that forex broker offers no deposit bonus without any verification.
Can I make money with a free bonus?
Why not? The broker gives the bonus to trade on the real market. It totally depends on you, if you can make some profit it’s obviously yours. But we suggest free bonus for newbie and learn something and for familiar with real market trading and for preparing themselves for the future.
So you can make with free bonus and withdraw it after meeting the terms and conditions.
What is the best thing in a free bonus?
The best thing is if you have a no fund you can start live trading, you can learn new thing and if you can make some profit further you can trade it with a forex deposit bonus that will boost your trading capital.
So you have to start with a free bonus wisely.
Conclusion
Forex no deposit or deposit free trading bonus is a kind of blessing for a newbie, they can start live trading with it easily. Here is some good opportunity will help you to take a decision to choose a free bonus.
- You can start live trading without any deposit
- You can change your broker platform of a broker
- You can earn some money and grow your confidence
You can change your trading instruments (currency pair, stocks, indices, share, commodities, and crypto currency)
You can start trade without pressure and risk free
You can develop your trading plan, strategy, and pattern
So you may say the free bonus is a really good opportunity to learn real forex trading, familiar with live trading environment and prepare yourself to take the challenge (forex trading contest)
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.
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
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.
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.
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.
Your capital is at risk
Ctrader, MT4, MT5, proprietary
Dealing desk, ECN, market maker, no dealing desk, STP
Your capital is at risk
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.
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.
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.
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
Regulated by: ASIC, cysec
Headquarters : level 22, 600 bourke street, melbourne, VIC 3000, australia
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.
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
Your capital is at risk
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
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.
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.
South african forex no deposit bonus offers from trusted brokers
If you’re out there looking for a new forex broker to deal with, you might want to start considering working with one that offers a very beneficial bonus for trading with them. Though you might not be aware of what a forex bonus is, in which case, let us discuss the concept with you and explain why forex bonuses are some of the best and worst things south african forex broker or any other broker might offer.
The idea behind a forex no deposit bonus is simple: to attract new customers. There are many types of forex bonuses and all of them are there to attract new traders to a platform. Whether this is a welcome bonus forex broker offer or some kind of bonus received after trading a certain amount, there is no question about it, it is always there to attract a new customer. Some brokers might offer more than others and some scams might use bonus offers as a way to attract new victims, but there is always a way to find out what the intentions of the company are. I believe bonuses to be a blessing, simply because they give you more money to work with and a chance to generate more income, but I also cannot shed a feeling that they are a curse. A curse, since a bonus might make you think that it is okay to take a risk you should not be taking because the money isn’t yours, which results in more money being lost than you should have.
Though let’s get over the philosophical deliberations over what the dangers and advantages of a forex bonus are and get into the thick of it: how do you go about getting some sweet, sweet bonus money on your forex account?
What is a no deposit bonus?
First, let us explain what exactly no deposit welcome bonus is and how does it work. Unlike deposit bonuses, the no deposit bonus is usually the one that most traders are looking for in a new FX broker to work. These no deposit bonuses are welcome bonus forex brokers like to offer the least of. S outh african forex brokers with no deposit bonus will usually offer no more than 400 rand, but it will still be a significant benefit to a trader who knows what they are doing. For experienced traders, a no deposit bonus is like a free, no risk capital that can be spent on experimental currency pairs to see the results. If the capital is lost, it doesn’t mean much, but if it has returned, then the results are positive and indicate that further trading might be a good idea. The bonus can also be a nice piece of bait for the industry newcomers, who do not know which broker to start working with. While this is not a problem if you end up with a good broker, the danger of starting to trade with a scammer or a brokerage that trades against you is very real.
On the other hand, the no deposit bonus forex is also one of the best ways to start trading for a beginner trader. The cause for this is simple – new traders, with little experience, are too afraid to invest real money into forex trading. Many of them spend time working on demo accounts, trying to figure out how the market works. While a respectable endeavor, it is a limited one – a simulated market is not capable of showing the full spectrum of problems that perk up on the real market. This is why a nice no deposit bonus is a good way for a trader to move onto the market without risking their real money on the market.
How to find the best south african forex bonus
Where do you go about looking for F orex brokers with no deposit bonus offers, and how do you find them? That question is one that has bothered many before. If you are new to the industry or are simply looking for a new way to make money within it, a bonus is definitely something you might want to look into. But where?
The best forex bonus is one that is found quickly, easily applied for and easily received. To find such a bonus, all you need to do is check with a forex broker. Most international forex brokers and most south african forex brokers no deposit bonuses get updated during certain times of the year. These times are usually specific seasons when these brokers have had a certain surplus in revenue that they can reallocate towards further increasing their user base. Usually, these become welcoming bonuses for new customers and traders, encouraging them to sign up and deposit money to receive the bonus. Finding such a bonus is not that tough. All you have to do is look at the website of some of the brokers that you might be interested in. If they are offering a welcome bonus, they will usually have it promoted on their home page. If such a promotion is not present on the page, then it is probably not being offered currently.
If you can’t find a bonus with a company that you would like to work with, you might want to find and sign up for their newsletter. Brokerages usually have promotional offers for their clients, those who have signed up for their newsletters or subscribed to their social media platforms. This is where you might find nice south african forex brokers with bonus offers or some kind of alternative bonus program that might interest you.
Better safe…
Though be careful! The hard part of the process is not finding a forex bonus. Forex bonuses are usually offered in droves, and simply searching the words on google will result in a whole bunch of results on the subject. The real complicated part of the process is identifying which of these are legitimate offers and which are simple bait to attract you and then never provide you with the bonus. Whether it is a scam or an unscrupulous broker trying to attract you to trade with them, it is important to consider what kind of reputation the broker has in the south african forex broker community.
Knowing what forex bonus to pick with a south african broker
The process of choosing what bonus to pick with what broker can be a complicated one. If it is not a complicated process for you, you are not doing it right. The thing is, you have to do a lot of research before choosing to trade with a forex broker. Think of it this way, if you were making an investment into a building, that as a bonus offered you to install a pool free of charge, would you not make sure that both the house and the pool are of good quality? Would you not make sure that you are getting what you paid for?
The same goes for south african F orex brokers offering no deposit bonus . You should not invest simply because you are looking to make some free cash, but also because you believe the company to be trustworthy. All south african FX brokers offer some kind of benefit for investing with them, but not all of them offer the same kind of quality of service or reputation. A bonus and broker choice should go together and should be done with great care.
Just consider this: one forex broker is offering a no deposit bonus of 2750 rand as long as you start trading with them, while the other is offering a 350 no deposit bonus. Which company would you start trading with? If you are anything like me five years ago, you will be thinking that the first option sounds pretty good. In fact, it sounds a little too good. While the information provided is not enough to decide whether a company is trustworthy, one thing is true: if something sounds too good to be true, you need to make sure it is not a lie. In some cases, companies will make great promises, only to do their best to not deliver on them. The better the premise sounds, the more likely the broker is to not deliver on it. They might give you the promised money and you make more money off of it, but they will simply block you from withdrawing the money. Or they might make the promise of the bonus once you deposit some cash, but you end up never receiving the bonus and have a hard time withdrawing the money you deposited with them. Whatever it is you do, you need to know why you are picking whatever you are picking.
Something else you need to consider: what kind of terms and conditions they have for their bonuses. Usually, a broker, whether it is a south african FX brokerage or otherwise, will have some terms and conditions attached to the bonus. It might be a no withdrawal policy unless you deposit a certain amount, or unless you make a certain amount of money off of the bonus. It could be that you need to complete certain actions to be able to receive the money. It is important to know these, so you can intelligently apply and gain benefit from the bonus.
Finally, it is important to know the general no deposit bonus withdrawal conditions, associated fees and other possible money related conditions that a forex brokerage might have. If the brokerage has a nice bonus, but does not offer an agreeable spread system, has commissioned or has other aspects that you do not find to be agreeable to you, it is not recommended to try and get the bonus from the broker. Make sure to check if the broker is offering F orex no deposit bonus without verification, this should raise your suspicions and validate more research.
How to avoid south african scam forex brokers and scam bonuses
The way to avoiding the scams we have mentioned so many times up to this point is simple: do your research and know the signs. While this might seem like a complicated and time-consuming process, it is an important one nonetheless. Just like with any other kind of investment activity, you need to know what you are doing, and need to know that your money is safe. This is why you need to research the forex trading scams and treat all others with suspicion. If a broker has an underdeveloped and ugly website, is promising something that might seem too good to be true and has many negative broker reviews online, it might be a good idea to abstain from investing with them, as they are most likely to be either a scam or a very unscrupulous company. Here is a quick checklist of red flags to look for:
- If their website is underdeveloped or badly optimized
- If they are offering bonuses that seem unrealistic
- If they are not licensed by any regulatory body
- If they do not respond to chat, emails or calls
- If they have bad reviews on official websites, as well as user reviews
- Or if they have demonstrated any suspicious activity
These red flags should provide you with enough evidence to decide against investing with a company, despite the amazing bonuses they may offer. We have provided a number of reviews of good and bad forex brokerages in south africa on our page that you can take a look at. Those should be able to help you understand what the best forex broker qualities are and how to choose the best south african broker offering no deposit bonus.
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.
- FX brokers liquidity info
- FX brokers by trading conditions
- Spread type offered
- Execution type offered
- Leverage offered
- Hedging allowed
- Eas trading allowed
- Scalping allowed
- Swap free trading allowed
- Minimum spread on EUR/USD
- News trading allowed
- VIP trading offered
- Mirror / social trading
- FX brokers by products offered
- Gold and silver trading
- Spread betting
- Oil trading
- Bitcoin trading
- Cfds trading
- Binary options trading
- Managed accounts
- FX brokers by platforms
- Metatrader4
- Metatrader5
- Acttrader
- Currenex
- Saxotrader
- Sirix trader
- Ctrader
- Protrader
- Proprietary trading platforms
- FX brokers offer bonuses
- FX brokers by deposit options
- Bank-wire transfer
- Bank card
- Bitcoin
- Broker to broker transfer
- Cashu
- China unionpay
- Fasapay
- Giropay
- Monetaru
- Neteller
- Paypal
- Paysafecard
- Przelewy24
- Qiwi
- Skrill (moneybookers)
- Sofort
- Ukash
- Webmoney
- FX brokers by minimum deposits
- FX brokers by business model
- Market maker brokers
- ECN/STP brokers
- DMA/STP brokers
- STP brokers
- FX brokers by regulation
- ASIC - australia
- Bafin - germany
- Cysec - cyprus
- FCA - UK
- FINMA - switzerland
- FMA - new zealand
- FSA - japan
- FSB - south africa
- FSC - BVI
- FSC - mauritius
- IFSC - belize
- NFA - USA
- UAE - abu dabi central bank
- FX brokers accept USA clients
- FX brokers by awards won
- FX brokers offer affiliate program
- BO brokers by regulation
- ASIC - australia
- Bafin - germany
- CYSEC - cyprus
- FCA - UK
- BVI - FSC - virgin islands
- IFSC - belize
- NFA - USA
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Forex brokers bonus
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.
The 10 best forex bonuses for traders in 2021
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
Etoro - buy and invest in assets commissions-free
- Buy over 2,400 stocks, 16 cryptocurrencies, and 250 etfs without paying any commissions
- Trade thousands of cfds
- Deposit funds with a debit/credit card, e-wallet, or bank account and paypal
- Perfect for newbie traders and heavily regulated
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?
Allow you trade with more money than you have deposited typically available to all traders who have yet to open an account you can usually use the bonus funds to trade any currency pair some bonuses are offered on a ‘no deposit’ basis claim a bonus with as many brokers as you wish
You will be required to trade a certain amount before a withdrawal is accepted
How does a forex bonus work?
So now that you know what a forex bonus is, let’s take a look at a couple of real-world examples of how a bonus might work in practice.
✔️ deposit bonus
A deposit bonus is the most popular bonus type offered by online forex brokers. As we briefly noted earlier, the broker will match your deposit by a certain percentage – and the bonus will have a maximum amount attached to it.
- You claim a 100% matched deposit bonus with a forex broker
- The forex broker permits a maximum bonus of £1,000, which is what you decide to deposit
- Upon making your deposit, the broker then credits your account with an additional £1,000
- Your starting balance is £2,000 – even though you only funded your account with £1,000
As soon as the bonus is credited – which is usually instant, you can begin trading straight away.
✔️ no deposit bonus
As the name suggests, a no deposit bonus awards you a bonus without requiring you to make a deposit. These bonuses are highly sought after – not least because the trader can obtain the bonus without risking any funds. With that said, no deposit bonuses are typically much smaller in comparison to a matched bonus.
- You claim a £20 no deposit bonus with a new UK broker
- You open an account and then verify your identity – which is required to prevent bonus abuse
- Once your ID has been confirmed, the forex broker will then credit your account with the £20 no deposit bonus
- You can then start trading with your bonus funds straightaway
Terms and conditions of a forex bonus
Although the above examples illustrate just how lucrative forex bonuses can be, it’s not simply a case of getting the bonus funds and then cashing out. On the contrary, you need to be made aware of a number of terms and conditions that brokers typically install.
minimum trade amount to withdraw
The biggest thing standing in the way of you being able to withdraw your forex bonus is that of the trade minimum. Let’s say that you deposit £500 and you receive a £250 bonus – taking your starting balance to £750. If you were able to withdraw that £750 straight out of the forex broker and into your bank account – this wouldn’t be a very good business model for the platform. On the contrary, the platform wants you to use the bonus funds to trade.
As such, your bonus funds are effectively frozen until you meet certain conditions. In the vast majority of cases, you will have parts of your bonus balance released as withdrawable cash when you meet a specified trade size. For example, the broker might release £1 from your bonus for every £10,000 that you trade.
- You’ve got £250 in bonus funds
- The broker will release £1 for every £10,000 traded
- £10,000 x £250 = £2.5 million
- As such, you would need to trade a total of £2.5 million to release the full £250 and thus – withdraw the bonus out in its entirety
On the one hand, a minimum trade amount of £2.5 million is nothing short of astronomical – especially when you consider that the bonus is only £250. With that said, you would stand a much better chance of meeting your bonus targets if you:
- Are a day trader that places dozens of trades per day
- Often apply leverage to your trades
- Your trade sizes are typically large
time limit
If the above terms weren’t difficult enough, you also need to factor in the time limits that forex bonuses typically come with. This is yet another tactic employed by platforms to make the bonus cashout process even more challenging. In most cases, brokers will give you 30 days to use the bonus funds before they are revoked.
This means that any bonus funds left in your account after the expiry date will be removed. If the forex bonus comes with a time limit of fewer than 30 days, you should probably avoid it.
eligible pairs
In some cases, the forex bonus might stipulate restrictions on certain currency pairs. While majors and minors are normally fine to use your bonus funds on, exotic pairs might not be covered. As such, make sure you check the terms and conditions to ensure your preferred forex pair is permitted.
supported nationalities
Some forex brokers will only offer bonuses to certain nationalities. This is why you should always use the domain that matches your country of residence – as brokers typically have multiple websites for different regions.
minimum deposit
Most forex bonuses will come with a minimum deposit amount. Promotions usually only state the maximum bonus amount permitted, so you’ll need to dig through the terms and conditions to find it.
Best forex bonuses in 2021 – the ultimate list
So now that you are armed with the required knowledge to maximize your bonus hunting endeavours, we are now going to list our top 10 forex bonuses of 2021.
1. The moneta markets deposit bonus
Want to boost your deposit with 50% extra? When you fund your moneta markets trading account with $500 or more, we will give you a 50% bonus! Whether you are an existing moneta markets account holder or a new client, make a deposit then opt-in using the form below to claim your bonus today!
So, let's see, what we have: are you a looking for the best forex no deposit bonus? Discover what are the best no deposit bonuses on the market, and much more! At forex brokers bonus
Contents of the article
- New forex bonuses
- Top 6 best forex brokers with no deposit bonus...
- What is a no deposit bonus?
- No deposit bonus: are they available in the EU?
- Top 6 best brokers with no deposit bonus
- Forex brokers bonus
- Expose what is the meaning of forex no deposit...
- How free bonus is important?
- Terms and conditions for free forex bonuses
- Discover more about the free bonuses
- Is forex free bonus is a welcome bonus?
- Does forex broker give no deposit bonus without...
- Can I make money with a free bonus?
- What is the best thing in a free bonus?
- Conclusion
- Latest forex no deposit bonus list 2021
- The ultimate guide about the no deposit bonus
- No deposit bonus without verification
- Why a no deposit bonus?
- Best no deposit bonus forex brokers 2021
- Tickmill
- GO markets
- Roboforex
- Axiory
- What is a no deposit forex bonus?
- What should I do to get my bonus?
- What is the difference between no deposit bonuses...
- What other bonus and promotion types do brokers...
- Conclusion
- South african forex no deposit bonus offers from...
- How to find the best south african forex bonus
- Knowing what forex bonus to pick with a south...
- Forex brokers bonus
- 100% no deposit bonus forex brokers
- Forex brokers with the best 100% deposit bonus
- Common terms and conditions of 100% deposit bonus
- The bottom line
- The 10 best forex bonuses for traders in 2021
- The 10 best forex bonuses for traders in 2021
- Table of content
- What is a forex bonus?
- What are the pros and cons of forex bonuses?
- How does a forex bonus work?
- Terms and conditions of a forex bonus
- Best forex bonuses in 2021 – the ultimate list
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