What is a Forex bonus? Definition
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All other conditions being equal, the traders often pay consideration to bonuses, when choosing a broker. Indeed, the possibility of receiving additional funds for trading looks rather enticing. Novice traders, who have not yet accumulated a large volume of capital for trading, are particularly fond of forex bonuses.
Brokers with bonus programs have various offers to their clients. These could be regular promotions, for example bonus for funding your account for any amount, or temporary promo campaigns.
It is important to know the types of bonuses and understand that there are often rather tough conditions for getting the bonus behind the advertising slogans. So, let’s take a closer look at this.
What is important to know about bonuses?Forex bonus definition
Forex bonus is a special promotion of a broker that has the objective of introducing the clients to the services offered by the broker, attracting new clients, supporting high trading activity and encouraging new deposits.
As a rule, the bonuses are awarded for the following:
Registration and verification of data on the broker’s website;
Making initial deposit;
Making a deposit for a specific amount;
High trading activity.
The majority of brokers request that the traders meet rather tough conditions to receive the bonus. These conditions may include the following:
Limited period of using the bonus;
Awarding trading credits increase of real funds;
Minimum required trading volume;
The possibility of withdrawal of only profit earned from trading using the bonus funds, but not the bonus principal.
Forex bonuses Pros and Cons
- Pros
- Cons
- Additional capital increases profit potential
- In case of no deposit bonus, a trader can test the broker’s conditions without spending their own money and risk free.
- Tough conditions for getting the bonus.
- The amount of no deposit bonus is often quite modest – $5-$100.
- Overtrading due to the necessity to meet the conditions of the bonus program.
Forex bonus classification
Depending on conditions of awarding forex bonuses, they are divided into three big groups:
Forex No deposit bonuses – can be awarded without making a deposit;
Forex deposit bonuses – awarded for depositing a specific amount to your account;
Forex Welcome bonuses – designed for new clients, and, as a rule, are awarded for the first deposit.
Those are the three bonus types we will review in detail.
However, for advertising purposes, brokers can also use other promotions:
Cashback – compensation for a part of trading expenses, for example, from paid commissions and unprofitable trades (this is often promoted as the best Forex cashback rebate by brokers);
Rebate – compensation for a part of the spread;
Reload Bonus – incentive for regular deposits on the account.
Forex no deposit bonus
No deposit bonuses are particularly popular among novice traders. The brokers use these promotions to attract new clients, giving them an opportunity to familiarize themselves with the broker’s services, trading conditions and trading platform. This offer is particularly beneficial for the clients who want to try trading without the risk of losing money.
Bonus amount
As a rule, the amount of the welcome bonus is rather modest – from $5 to $150. Some brokers do offer larger bonuses, but the general rule is that the higher the amount the tougher are the conditions for claiming it.
Withdrawal conditions
Everything depends on the amount. If the amount is small – up to $30, the broker may allow to withdraw it once a specific minimum number of trades is reached and, accordingly, the amount of paid commissions. If the amount is big, as a rule, it is awarded as a trading credit. In order to withdraw it, a trader will have to meet the trading volume requirements and also deposit their own funds to the account.
Forex no-deposit bonuses 2026
| # | Broker | Bonus | Conditions for obtaining | Regulation | Bonus |
|---|---|---|---|---|---|
| 1 | FBS | $100 | How to get FBS no deposit bonus: Open a new MT5 account and request it. Withdrawal: Yes, after trading 5 lots during 30 days. | CySEC (Cyprus) | Study review |
| 2 | Tickmill | $30 | How to get Tickmill no deposit bonus ● Register an account with Tickmill; ● The welcome bonus account will be added automatically after the application is approved; ● The welcome bonus account will have $30 in it. Trading Limitations: ● EA trading is not allowed; ● The bonus is valid for 90 days. How to withdraw the profit: ● A minimum of $30 and a maximum of $100 profit can be transferred to a live mt4 trading account; ● One client is limited to one request for profit transfer only; ● Open a live mt4 account with at least $100 deposited into it. | FCA (UK), CySEC (Cyprus), FSCA (South Africa), LFSA (Labuan), SFSA (Seychelles) | Go to broker Your capital is at risk. |
| 3 | FXOpen | $10 | How to get FXOpen no deposit bonus: Register an FXOpen eWallet, verify your phone number, register an STP account Withdrawal: Trade over 2 lots to withdraw profits. The bonus is not withdrawable. | ASIC (Australia), FCA (UK) | Go to broker Your capital is at risk. |
| 4 | FreshForex | $2023 | How to get FreshForex no deposit bonus: ● Traders need to register with FreshForex. ● Open Classic, Market Pro, or ECN account in MetaTrader 4/MetaTrader 5 platforms in USD, EUR, or RUB. ● There is no need for personal data verification to receive the no deposit bonus. ● The bonus should be credited automatically Trading Limitations: ● To save the profit received, traders have to fund the account with the amount of received profit. ● Trading period: 7 calendar days upon receiving a bonus. How to withdraw the profit: ● Save the earned profit by funding your trading account with an amount equal to or more than the profit earned within 7 days after receiving a bonus. ● Complete 1 lot per $5 of saved profit within 30 days. ● Contact Fresh Forex manager via feedback form to transfer your profit into account balance. Withdraw the profit earned or use it back in trading. | FCA (Saint Vincent and the Grenadines) | Go to broker Your capital is at risk. |
| 5 | InstaForex | $1000 | How to get IstaForex no deposit bonus: Open a new account using the promotional form online and fully verify it. Withdrawal: Bonus, cannot be withdrawn, only profits can be withdrawn after trading X * 3 InstaForex-lots, where X — is profit volume(1 InstaForex-lot = 0,1 forex lot) Also, as per paragraph 6: "The Client agrees that in some cases the Company can ask him/her to replenish his/her account with real funds". | BVI FSC | Go to broker Your capital is at risk. |
How to get FBS No Deposit bonus: step by step guide
As an example, let’s review the no deposit bonus provided by FBS. The bonus itself is rather big at $140, which is one of the best offers in the market.
Conditions for claiming the bonus from FBS are quite simple:
To receive the bonus you need to:
Register with the broker and select Promotions and Level Up Bonus in your personal account;
The broker will send you a confirmation email. Confirm and receive the no deposit bonus in the amount of $70;
Download and install FBS app and double the bonus.
Withdrawal conditions
You can trade with bonus funds for only 40 after opening of the account. Of these 40 days, at least 20 must be active (with open trades). In this case you will be able to withdraw profit. The trading volume must be at least 5 lots. You can withdraw the earned profit in the amount of up to $70 (if you are trading on your desktop) or up to $140 (if you downloaded the mobile app and doubled your bonus).
Forex Welcome bonus
Welcome bonus is awarded to new clients upon their completion of registration and funding the account. As a rule, this type of bonus is a type of a trading credit. The broker may also impose time limits on the use of the bonus.
Amount
In the majority of cases, the welcome bonus amount ranges from 30% to 100% of the deposit amount. In some rare cases, the broker may offer up to 200%, but then the additional conditions and company’s reliability must be closely considered.
Withdrawal conditions
The bonus is a trading credit in the majority of cases, so the brokers only allow you to withdraw the profit earned from trading with bonus funds. In some cases, bonuses can be withdrawn upon completion of a specific number of trades.
XM Welcome bonus example
XM offers a 100% welcome bonus with the maximum threshold of $5,000.
Open a real account;
Deposit any amount to the account;
Perform trades;
The bonus is credited at a rate of $10 per one traded lot.
Forex Deposit bonus
The difference between a deposit bonus and a welcome bonus is that the former can be awarded not only for the first deposit, but for any deposit. The brokers are thus encouraging the clients to deposit large amounts to their accounts and trade more actively.
Amount
The typical bonus amount ranges from 10% to 100% and can exceed this amount only in some cases.
Withdrawal conditions
Withdrawal conditions are also usually similar to those for the welcome bonus. As a rule, the money is awarded as a trading credit and only the profit earned from trading with bonus funds can be withdrawn. In some cases, the withdrawal amount is linked to the traded volume.
Deposit bonus example
RoboForex offers a 120% Deposit bonus or up to $50,000.
Open and verify an account on RoboForex;
Get up to 120% deposit bonus upon completion of a deposit;
Withdrawal is possible only if the requirements for the trading volume are met.
How to choose right Forex bonus program
Choosing a forex bonus may turn out to be a difficult task for a novice trader, as the majority of brokers have their own unique conditions. Often, there is a catch behind the ‘shiny sign’.
Traders Union experts recommend following these rules that will help you make a reasonable choice:
Can I earn money by Forex bonus?
If you use Forex bonuses reasonably, they can indeed help you earn more. For example, a welcome bonus will help increase capital, and, accordingly, the return from profitable trades. No deposit bonus provides an excellent opportunity to gain the first experience of working with a broker risk free.
However, one must also keep in mind that the brokers use bonuses to increase their own returns and make the rules for claiming them as safe and beneficial for themselves as possible. This is why it is very important to observe risk management rules – avoid overtrading or using excess margin.
Why some brokers don’t offer bonuses?
In the U.S., EU countries and a number of other regions, the regulators impose strict limitations to the promotional activities of brokers. Direct financial incentives for the clients to make them trade more actively are prohibited, as Forex and CFD trading are considered a highly risky type of investment. Therefore, the regulators are trying to protect inexperienced investors.
The brokers with the licenses issued by the EU, UK, U.S. regulators and regulatory authorities of some other countries often do not offer any bonuses. There is also a wide-spread situation, when bonuses are only available for the clients of the broker’s offshore branch, where the regulators do not control this kind of activity.
Best Forex brokers in 2026
Choosing a broker with a bonus program requires more than comparing percentages. Trading conditions, regulation, and withdrawal rules often have a greater impact on the overall experience than the bonus itself. The brokers below offer competitive bonus programs alongside balanced trading conditions, making them worth considering for both new and experienced traders.
| Plus500 | OANDA | Trading.com USA | FOREX.com | IG Markets | |
|---|---|---|---|---|---|
|
Min. deposit, $ |
100 | No | 50 | 100 | 1 |
|
Tradable assets |
2800 | 129 | 69 | 5500 | 20000 |
|
Standard EUR/USD spread |
0.7 | 0.3 | 1.1 | 1.0 | 0.9 |
|
Max. leverage |
1:300 | 1:200 | 1:50 | 1:50 | 1:200 |
|
Max. Regulation Level |
Tier-1 | Tier-1 | Tier-1 | Tier-1 | Tier-1 |
|
TU overall score |
7.7 | 7.24 | 6.22 | 7.12 | 7.04 |
|
Open an account |
Go to broker 81% of retail CFD accounts lose money. |
Go to broker Your capital is at risk. |
Go to broker Your capital is at risk. |
Study review | Study review |
Plus500 - Plus500's Official Affiliate Program
The 500Affiliates Program, the official affiliate initiative of Plus500, offers partners the opportunity to earn commissions by referring new traders to the Plus500 platform. Affiliates can earn up to $800 for each qualified trader, with the exact amount depending on the trader's country of origin. Additionally, the program provides a 10% commission on the monthly earnings of referred sub-affiliates. To participate, individuals must register for the program, utilize the array of marketing tools supplied by Plus500, and attract new clients to the platform. Commissions are withdrawable, and the program is open to all interested participants. Specific start and end dates are not provided, suggesting an ongoing opportunity.
- Sign up for the 500Affiliates program
- Promote Plus500 using provided marketing tools
- Earn commissions based on referred traders' activity and sub-affiliate earnings
OANDA - Elite Trader Program
The Elite Trader Program is intended for high-volume traders. This program offers cash rebates of up to $17 per million traded, along with exclusive perks such as a dedicated relationship manager, discounts on platforms like TradingView, and access to VIP content and events. To qualify, traders need to achieve a minimum monthly trading volume of $10 million.
- Register for the Elite Trader Program by completing the form on OANDA's website.
- Meet the required monthly trading volume across your accounts.
- Enjoy exclusive benefits.
Trading.com USA - $100 No-Deposit Bonus
Trading.com provides a $100 no-deposit bonus for new clients who complete registration and identity verification. The promotional credit can be used for trading across available instruments, and all generated profits are withdrawable. The bonus itself is not withdrawable, but a portion of it converts into real balance based on trading activity: for every traded lot, $5 of the credit becomes withdrawable cash. The promotional funds remain active for 90 days unless trading requirements are met earlier. Conditions apply, including full account verification and adherence to platform rules.
- Register a real Trading.com account
- Confirm your identity and phone number
- Activate the bonus from the promotions section
FOREX.com -
IG Markets -
Expert opinion about Forex brokers bonuses
Bonuses have become commonplace in the financial market. The attitudes towards them are mixed. They certainly do serve as a good incentive for the novice traders, if the deposit amount is modest. However, traders need to keep a cool head and understand that forex bonuses are only a promotion.
Bonus can turn out to be a nice addition to the services offered by the broker, but it should not be the only criteria of evaluation of the broker. Close attention should be paid to reliability and trading conditions of the company. If you are offered a 100% deposit bonus, while the spread of the broker skyrockets at any volatility, it is best not to accept this offer. After all, a bonus is often a one-time offer, while the goal of any trader is a long-term profit.
Conclusion
Forex bonuses can be an enticing way for traders, especially beginners, to boost their trading capital and experience with minimal risk, but careful scrutiny of the terms and withdrawal conditions is crucial. For instance, while no deposit bonuses from brokers like FBS or Tickmill provide a chance to start trading without risking your own money, the profit withdrawal rules often require meeting challenging trading volumes. Relying solely on bonuses can be misleading, as reliable trading conditions and strong broker regulation should always take precedence when choosing a broker. Ultimately, a forex bonus should be viewed as an extra benefit rather than the main reason to trust and trade with a broker.
FAQs
What types of Forex bonuses are most suitable for beginner traders?
How do withdrawal conditions typically differ between Forex bonus types?
Can Forex bonuses be combined with other promotions like cashback or rebates?
What factors, besides the bonus amount, should traders evaluate when comparing Forex bonus programs?
Editors' Top Picks and Insights
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Team that worked on the article
Glory is a professional writer for the Traders Union website with over 5 years of experience in creating content in the areas of NFT, Crypto, Metaverse, Blockchain, or Web3 in general. Over the last couple of years, Glory has also traded on different cryptocurrency and NFT platforms including Binance, Coinbase, Opensea, and others.
Dr. BJ Johnson is a PhD in English Language and an editor with over 15 years of experience. He earned his degree in English Language in the U.S and the UK.
Mirjan Hipolito is a journalist and news editor at Traders Union. She is an expert crypto writer with five years of experience in the financial markets.
HFX trading likely refers to high-frequency forex trading, where automated algorithms execute a large number of trades at extremely high speeds.
Forex leverage is a tool enabling traders to control larger positions with a relatively small amount of capital, amplifying potential profits and losses based on the chosen leverage ratio.
Cryptocurrency is a type of digital or virtual currency that relies on cryptography for security. Unlike traditional currencies issued by governments (fiat currencies), cryptocurrencies operate on decentralized networks, typically based on blockchain technology.
A forex bonus is a promotional incentive offered by brokers to attract traders, typically providing additional funds or trading benefits upon fulfilling certain conditions.
Forex trading, short for foreign exchange trading, is the practice of buying and selling currencies in the global foreign exchange market with the aim of profiting from fluctuations in exchange rates. Traders speculate on whether one currency will rise or fall in value relative to another currency and make trading decisions accordingly. However, beware that trading carries risks, and you can lose your whole capital.
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- Forex
- Crypto
- Forex bonus definition
- Forex bonus classification
- Forex no-deposit bonuses 2026
- How to get FBS No Deposit bonus
- Forex Welcome bonus
- Forex Deposit bonus
- How to choose right forex bonus program
- Can I earn money by Forex bonus?
- Why some brokers don’t propose bonuses?
- Best Forex brokers in 2026
- Expert’s opinion
- Conclusion
- FAQs
