Something for Nothing, or the Best Thing Since Sliced Bread? The Best Forex Bonuses.

We all like to receive something for nothing, and now you’re entering the world of Forex trading there is something that is sure to catch your eye. Forex bonus offers will be coming at you left, right and centre, and you’ll soon find yourself confused about which way to turn. If you’re one of these people, or you’re simply looking for more information and trying to find the best Forex bonus, we are about to help you, and you really don’t have to worry, because finding a top Forex bonus isn’t as hard as it seems. Keep reading for our guide to choosing Forex bonus brokers, and tips to help you decide whether they are an option you want to take advantage of.

Broker Min Deposit Welcome Bonus Rating
hotforex logo $ 5 100%* ★★★★★

fxtm logo $ 10 N/A ★★★★★

$ 100 Cashback ★★★★★

xm logo $ 5 $30 No-Deposit Bonus*** ★★★★★

fbs logo $ 1 100% ★★★★

avatrade logo $ 100 20% ★★★★


A brief introduction to Forex broker bonuses

We have to be honest here and tell you that Forex bonuses aren’t the money-for-nothing offer they initially seem to be; but that being said, they are still an avenue worth exploring, whether you are new to Forex trading, or a more experienced trader. Basically, a Forex bonus is a promotion that is designed to attract new customers, or to keep existing clients interested in a service. A Forex broker’s bonus is the same as many other promotions or special offers you may have seen offered by a number of other businesses and service providers, such as gambling sites, sports betting sites, and even on TV and in magazines. It often comes free of charge, but don’t be fooled into thinking there are no terms and conditions. We will always recommend that anyone considering taking advantage of a bonus spends some time carefully reading these terms and conditions, as these are often what trip people up. Each bonus offered will be unique and only apply to a certain broker, trading platform, or type of customer, and is in no way transferable. Bonuses can generally be classified into three different groups:

Now we’ve classified bonuses into three main groups, let’s look at some of the different bonuses available…

Different types of Forex bonus available

Forex bonusForex bonuses come in all shapes and sizes, and you’re sure to find the best Forex bonus for you amongst them. We can’t possibly tell you which is the right one for you, though, as it is a very personal decision. We will, however, give you all the relevant details so that you can make an informed decision. We’ll also be bringing you news of the latest and the best Forex bonuses as part of our Forex broker reviews, so you can stay abreast of what is available. We can say in general that newcomers to the world of Forex trading will get the most from welcome bonuses, while more experienced traders will benefit more from regular bonuses. You are likely to encounter one or more of the following Forex bonus offers:

There are also a number of other types of bonuses, such as the following:

As you can now appreciate there are a number of different ways in which you can earn a top Forex bonus. Some of them require traders to do something, while some require a deposit of funds into a trading account. There are other bonuses that have no specific requirements in order to receive the bonus, but there will be conditions attached if you want to make a withdrawal. You may be wondering how you can find all these interesting bonuses. Well, let’s give you some tips on how…

How to find the best Forex bonus

There’s nothing to feel bashful about. Wanting to know about all the best deals and how you can find them in the future is only natural. This is one of the reasons we created this site: to keep all our visitors informed and up to date with all that is good in the world of Forex trading, which includes lots of useful reviews, guides on different ways of trading, an introduction to the different types of Forex broker, useful tools to use to your advantage, and all the latest Forex bonus offers. So let’s see if we can help you with some useful tips, aside from reading what we’ve got to say:

We have to say that there is a lot to be said for taking advantage of the best Forex bonuses, and every trader should seriously consider them. Whether you’re a novice or a more experienced trader, there are a lot of ways you can benefit from the gifts, promotions, special offers and bonuses offered by many Forex brokers today. You should cleverly prepare your trading strategy before that. There is a downside, however, which it is only fair to inform you of before we finish…

The downside of Forex bonus offers

If you spend any length of time reading about Forex trading online, a subject that is regularly touched upon is problems with Forex bonuses. There are plenty of traders who find the time to make comments about the terms and conditions nearly always attached to various bonuses. A common problem seems to be withdrawing the bonus funds, and the fact that more often than not it is impossible. Bonus funds can generally only be withdrawn after a certain volume of trades has been filled, which means that the only real advantage of a bonus is the increased leverage it brings. The trading volume is usually rather large, and there is often a time limit. So, if you aren’t planning to trade on a regular basis, and are really only dabbling in the Forex market, you might be better off giving any kind of bonus a wide berth.

Our advice is to always carefully read the terms and conditions before signing up for a trading account and accepting the bonus, and never choose a Forex broker based solely on the bonuses on offer. It is certainly one good reason to pick a Forex broker, but there are a number of other factors to take into consideration.
That being said, there is still a place in the Forex trading world for bonuses, and they are in no way a bad thing. Just remember that the Forex world doesn’t have streets paved with gold, and you should never let your common sense fly out the window. Hone your skills, be a disciplined trader, and you’re sure to enjoy a level of success.

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