Best welcome bonus forex

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.

Top-3 forex bonuses

Now what is often asked is, can I withdraw these bonus funds? 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.

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.

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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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 welcome bonus forex

New bonus?

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Latest comments

Updated: january 23, 2021

Hotforex - hfcopy automated copy trading

Im from romania and dont let me register

Teletrade - forex webinars

Selama durasinya tidak dibatasi hanya sekian hari, lotnya tidak dibatasi hanya 0,01 dan jumlah op tidak dbatasi hanya 5 barengan, syarat lot 50 tidak masalah. Aku paling sebel kalau sudah dibatasi ini itu tapi syarat lotnya segede2 gaban. Kayak ga niat ngasih bonus. Kalau orang ga punya motivasi lg gara2 syaratnya terlalu berat, ya buat apa trading di brokernya

As long as the duration is not limited to a few days, the lot is not limited to 0.01 and the number of ops is not limited to 5 at a time, the lot requirement is not a problem. I am most annoyed when I have this limited, but the lot requirements are as big as it is. I don't think I intend to give a bonus. If people don't have any more motivation because the conditions are too heavy, then why trade at the broker

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Forex no deposit bonus

Forexbonus2021 is the right place to find all the latest no deposit bonuses.

Forex brokers offer too many no deposit bonus, but we listing only regulated broker bonus. You can find from $5 to $500 USD bonus on this page.

Forex no deposit bonus is quite an excellent opportunity for forex traders. It’s a free bonus, don’t need any deposit, risk free and deposit free way to start live trading in the currency trading market.

Many brokers are offering free bonuses, a client can get via registration and start live trading also gets the chance to make some real profit.

People often think why the forex broker offers real money, simple answer broker offers free money for fore beginner and to know more about them.

They don’t give free profit, a client needs to trade a minimum standard lot within the promotion period.

Now from a forex broker manager’s point of view, why forex broker offers free no deposit bonus:

Hotforex 30 USD no deposit bonus – 2021

$30 welcome account bonus by tickmill

$25 USD N0 deposit bonus – tiomarkets

$25 no deposit bonus (welcome) – xtreamforex

Profittoltd $30 free forex welcome no deposit bonus

35 USD no deposit welcome bonus promotion offer – fortfs

Get free $140 and start live trading – FBS

Freshforex $2021 forex no deposit bonus

Free welcome forex no deposit $30 from tickmill

Xtreamforex $25 no deposit forex bonus for new clients.

Fort financial services ltd $35 free forex bonus

Free $30 USD: hotforex no deposit welcome bonus

Welcome bonus 35 USD for live trading – fortfs

30 USD special NDB by hextraprime

$30 free forex no deposit bonus by hotforex

Welcome bonus no deposit 123 USD by vistaforex

No deposit bonus 100 USD – fortfs

100 USD no deposit free forex bonus by fortfs

Get TEST DRIVE WELCOME BONUS 30 USD (no deposit)

110 USD fxcess free credit bonus – 2021

$25 bullseye no deposit bonus – 2020

FBS 100 USD NO deposit bonus – 2021

SFEX $50 forex welcome no deposit VIP account

Hotforex $30 free welcome no deposit bonus

Forex no deposit bonus serves three purpose

This free welcome and no deposit bonus offer brokers as a starting point for forex newbie. Forex new traders obviously face many problems to start real trading. One of the big issues is own money, this why the broker offers some free amount to start with them. This is why the newbie doesn’t need to provide more details and deposit, so they love to join freely. This way newbie can try out live forex trading with real and free money.

A trader doesn’t feel any pressure and afraid of loos. A newbie can start to buy or sell currency fell free. When a trader makes a deposit, the trader feels the pressure. This why the broker offers this opportunity for a newbie.

Also, the forex trading is addictive for the traders and they continue to trading before making a profit. At this point no deposit bonus encourages to make a deposit in the future and chance to continue trading. This way a forex trader stays and might become a regular forex trader encourages might put in some real stakes.

How to get a forex no deposit bonus

Due to geo, and regulation restriction, not all forex broker offers free bonuses. But there is a lot of forex broker offers no deposit bonus with some easy conditions. Forex no deposit bonus starts from 5 USD and few brokers offer a maximum 500 USD. But, the big number of bonuses is really rare, a few brokers offer the bonus occasionally. If you are a newbie and considering to learn forex trading, it’s better to start with forex demo trading.

Forex demo trading is free and 100% risk free way to start and learn forex trading. Most of the forex broker offers the demo account.

Get a no deposit free bonus is not hard. A client can get a forex no deposit bonus very simply. To get a no deposit bonus a client need to complete up to 3 steps:

Sign up: forex no deposit bonus is a welcome and sign up bonus. To get this free bonus, a client must need to sign up with the forex broker. To sign up simply go the open account page, fill your right information such as first name, last name, email id, mobile number, etc.

Verification: for the security reason data verification process is very important. It this step the client needs a short verification of his / her data, such as email id and mobile number. Sometimes broker asks to verify the address, ID or passport.

Request: A most of the time broker provides the free bonus automatically after complete the verification process, but some broker doesn’t provide in this procedure. After complete the ID verification, a client needs to send a request to get the no deposit bonus.

General terms and conditions of a no deposit bonus

Forex broker offers a free bonus with some conditions such as account opening condition, trading period, account types, trading product, active time period, trading lot and position time.

Here is some common terms and conditions of a free bonus:

The bonus is only for one time

A person can get this bonus only time.

The bonus is only available on per IP.

The bonus is only available per device (desktop, mobile, tablet).

You can choose only X, Y or Z account.

This bonus allows only the X and Y trading platforms.

You need to verify your account to get the bonus.

The bonus is not available for this X, Y, and Z countries.

The bonus will active X days after opening the account.

The bonus trading currency is X and Y.

To withdraw the trading profit you have to trade at least X standard lot.

Note: each broker set different terms and condition to get no deposit bonus and withdraw trading profit. So no deposit bonus terms and conditions depend on the broker, and you must read before getting a bonus.

To become a good trader understanding terms and conditions is very important.

Finding the best no deposit bonus

To find a free no deposit bonus you can search on the search engine, browse the no deposit bonuses list. The most of forex broker offers the no deposit bonus, so find the best no deposit bonus is difficult. You can choose a good forex broker, a good broker offers not a bad bonus. Also, you can follow our top forex bonuses to choose one, this option will better for you. We filter and review and put them on our top bonus list, the way will easier, and will time saver for you.

Summary

Forex no deposit bonus is just a way to start forex trading and makes a strategy to enjoy the forex trading and become a regular forex trader. The bonus is becoming more popular in this trading market.

Are you want to become a regular trader? Why are you waiting? Stay with us, and choose a forex bonus with our featured forex broker and enjoy the currency trading.

$50 welcome bonus

NO DEPOSIT BONUS

WITHDRAWABLE PROFIT

$50 WELCOME BONUS

$50 welcome bonus powered by baazex is an exciting way to start trading. It is a special gift for all new and existing clients. It can be the breakthrough moment for the traders waiting to kick-off their forex trading career with this exclusive promotion. Get the $50 welcome bonus and take this offer as an opportunity to test out your favorite trading strategy. Baazex allows its clients to start trading with no initial deposit using this promotion. The $50 welcome bonus will be credited to the client's trading account as credit. The earned profit from this bonus is withdraw-able.

HOW TO GET $50 WELCOME BONUS

Get an account

Get MT5 account by registering at baazex with your basic information

Get welcome bonus

Get the $50 welcome bonus from your personal client area

Start trading

Start trading with $50 welcome bonus and earn profits

Withdraw profit

Withdraw your profit which you have earned by trading in MT5 account

OUR ADVANTAGES

$50 welcome bonus

Real money in a real trading account without funding on your part

Instant withdrawal

Convenient and fast withdrawals with the availability of different payment methods

Trade-able bonus

Start trading under superior conditions with bonus and become your own boss

Apply your strategy

Test your personal trading strategies using bonus amount and get valuable experiences

Top trading platform

Trade on award-winning metatrader5 platform with ultra-fast execution

Multiple products

Select your favorite product according to your trading style from a range of products

Terms and conditions

We strongly recommend our clients to read the following terms and conditions of the $50 welcome bonus.

By availing the $50 welcome bonus, you are bound to accept these terms and conditions.

For $50 welcome bonus, you are required to have a live MT5 account

All existing and new clients can avail this promotion

Welcome bonus will be credited to your MT5 trading account

This $50 welcome bonus is in the ownership of the company and is not withdraw-able

There are a total of 2000 MT5 trading accounts reserved for this offer

This promotion will be expired on 25-october-2019

The promotion is available on first come first served basis

If the number of reserved MT5 trading accounts exceeds before promotionвђ™s expiry, the promotion will be terminated immediately

Only one $50 welcome bonus trading account is allowed per client

In $50 welcome bonus trading account, margin call is at 100% and stop out is at 50%

In $50 welcome bonus trading account, leverage is fixed at 1:100

Change of leverage, account type and commencing internal transfer is not allowed

Using $50 welcome bonus promotion, trading of only forex currencies is allowed exclusively

There is no restriction on trading; any trading strategy can be applied

The client is eligible for the withdrawal from the profit

A client can withdraw a minimum of $50 and a maximum of $100 profit from this promotion. If the client earned a profit of over $100, still $100 is withdrawable

To withdraw a profit, the client must complete 5 standard lots of trading in $50 welcome bonus trading account

Only one (1) withdraw from the profit is allowed from the $50 welcome bonus trading account

Following this only withdrawal, MT5 trading account will be RESET to zero, that is, bonus amount and any remaining profit will be taken out

20. Withdrawal of bonus amount is strictly prohibited

21. After the only withdrawal, all restrictions will be lifted and the trading account will serve as a standard account

22. Account verification (KYC documentation) is required to withdraw the profit

23. This offer is available for all existing and new customers

24. Existing customerвђ™s MT5 trading account equity should be zero at the time requesting for $50 welcome deposit

25. Profit earned using welcome bonus is also under the ownership of the company and can be canceled at any time in the sole discretion of the company

26. It is strictly prohibited to participate again by using another email address. You will be disqualified from this promotion and as a result bonus amount and profit earned will be removed from all the duplicate trading accounts, if any such instance is found

27. Any instance of fraudulent activity will result in disqualification from this promotion. The bonus amount and profit earned will be removed, if any such instance is found, without any notice in the sole discretion of the company

28. Trading account credited with $50 welcome bonus is not eligible for IB rebates

29. Trading account credited with $50 welcome bonus is not eligible for zero balance protection

30. Company reserves the right to display name, email, picture, MT5 account ID and withdrawal amount on the website for all of the clients availed this promotion or get profitвђ™s withdrawals

31. In case of any dispute, the companyвђ™s decision is final and not challengeable in any court of law from the client

32. By participating in this promotion, you are agreed to all the terms of this promotion and the right of the company to cancel the $50 welcome bonus trading account and all profits obtained through this promotion in MT5 trading account at any time without giving any reason at the sole discretion of the company

Welcome bonus

CF merchants is offering welcome bonus (no deposit bonus) to our new clients that joins our team of champions. You are entitled to get the free live account of $50. Profits earned on welcome bonus accounts are withdraw able. The terms and conditions of the welcome bonus accounts are as follows.

Terms & conditions of welcome bonus

All new clients that are registered for the first time in CF merchants are entitle to get $50 welcome bonus in their first live trading account. Only one live trading account will have $50 welcome bonus against one ID.

To get welcome bonus of $50, client must first verify his live trading account with proper required documents and after that send us an E-mail at support@cfmerchants.Com and must mention his MT4 trading account in the email.

Welcome bonus of $50 is not withdrawable or transferable to another account. Profit earned on welcome bonus is withdraw able, maximum profit withdrawal limit is $50 without depositing funds and minimum 15 standard lots in forex products are required to get the profit withdrawal. Orders executed other than fx products (like commodities, indices, cfd’s and crypto currencies) will not be counted.

When client place his first withdraw, his remaining equity in trading account must be equal to or more than $50.

If client deposits minimum of $100 or more into bonus account, then client needs to place only minimum 10 more standard lots from the date of new deposit to withdraw the profit. Maximum 50$ profit will be counted before any deposit made by the client. Another profit amount will be deducted from the live account.

Whenever clients place a withdraw from his welcome bonus trading account, company will deduct welcome bonus amount on his first withdrawal.

For deposit & withdrawal amount, see our deposit and withdrawals policy.

This offer is valid till further any change in promotion.

Leverage on these welcome bonus accounts will be 1:50 maximum.

All accounts will be opened in prime spreads account type category only.

Client can withdraw his profit after completing the terms and conditions within 90 days of getting welcome bonus. After 90 days he cannot get any profit amount earned on the welcome bonus.

All these welcome bonus accounts are not eligible for commissions and IB rebates.

Trading account of a client will not be credited with the bonus if that account is already subject to another promotion.

The client can submit a bonus request no later than 5 business days after she/he opens the account. Requests submitted outside of this time limit will not be processed.

Trades closed before 120 seconds-time will not be taken into consideration.

Trades opened via EA will not be taken into consideration.

The required number of lots to withdraw the profit is only in fx products. All other lots like commodities, indices, CFD’s will not be considered.

No staff members, and/or their relatives, of CF merchants or any associated company, may take part in this promotion.

CF merchants reserves the right to modify or change any of the terms and conditions of this trading credit bonus promotion without client’s consent.

Enjoy the unlimited benefits of trading with CF merchants. Have a happy trading in future with choice of champions the CF merchants.

Start forex trading with a global regulated broker

Legal: CF merchants is the trading name of commodity and forex merchants registered and regulated in many jurisdictions. CF merchants limited is regulated with license number 24535/2018, at suite 305, griffith corporate center, P. O. Box 1510, beachmont, kingstown, saint vincent and the grenadines as an international broker company under the company act of saint vincent & the grenadines. The objects of the company are all subject matters not forbidden by international business companies (amendments and consolidation) act, chapter 149 of the revised laws of saint vincent and grenadines 2009, in particular but not exclusively all commercial, financial, lending, borrowing, trading, service activities and the participation in other enterprises as well to provide brokerage, training and managed account services in currencies, commodities, indexes and leveraged financial instruments.
Commodity and forex merchants limited is authorized under license number 1092420 by the companies house, cardiff, united kingdom on 21st august 2017.

High risk investment warning: margin FX are leveraged products that carry an extraordinary level of risk to your funds. Trading is not suitable for everyone and may result in you losing significantly more than your investments and therefore, you should not speculate with capital that you cannot afford to lose. You should consider whether you understand how this work and whether you can afford to take the high risk of losing your money. All the trading related information on this website is general in nature and does not take into account your or your client’s personal intentions, financial conditions and needs. We encourage you to seek independent advice if necessary. It is the responsibility of the client to ascertain whether he/she is allowed to use the services of the CF merchants based on the legal requirements in his/her country of residence. Please read full risk disclaimer for more details.

Regional restrictions: CF merchants (SV) ltd does not provide services and accept applications from the residents of certain countries, such as united states of america, canada, israel, north korea and saint vincent & the grenadines. The statistics on this website is not directed at residents in any country or jurisdiction where such distribution or use would be contradictory to local law or regulation.

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.

Best no deposit bonus forex brokers 2021

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

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

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

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

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.

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

Tickmill

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

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

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

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

GO markets

Regulated by: ASIC, cysec

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

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

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

Roboforex

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

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

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.

So, let's see, what we have: looking for the best forex brokers with bonus and promotions? Discover this, and everything you must know, on bonuses and promotions! At best welcome bonus forex