A welcome bonus is a promotional offer that forex brokers use to attract new clients and to encourage people to start trading forex. The welcome bonus is either usually a fixed amount or a fixed percentage of your initial deposit. Here is a list of forex brokers with good welcome bonuses:
Features | Broker Reviews | Visit | |
* CMA regulated * 1:1000 leverage | |||
* CMA regulated * 1:500 leverage | |||
* CMA regulated * Crypto trading * 1:400 leverage | |||
* 1:1000 leverage * 950+ instruments * Copy trading | |||
* 1:1000 leverage | |||
* 1:500 leverage | |||
* 1:500 leverage | |||
* 1:1000 leverage | |||
*1:500 leverage | |||
* 1:1000 leverage | |||
* Low minimum deposit | |||
* 1:1000 leverage | |||
* 1:500 leverage * 800+ instruments * African Broker |
Why trade with a forex bonus?
A forex welcome bonus can help you get more trading capital. This means you have more money to trade forex with and more opportunities to make a profit.
How can I get a forex bonus?
Most forex brokers only offer welcome bonuses to new traders. To access the welcome bonus, you normally need to register for a live trading account account, go through the KYC process, make your first deposit, and make at least one trade. That said, every forex broker has its own promotions, its own eligibility requirements, and its own terms and conditions. So it’s worth checking.
How To Choose A Forex Broker
Here are a few key things to keep in mind when choosing a forex broker:
- Regulation – The top forex brokers have at least one license from a reputable regulatory body. It is important to check their regulatory status. It is also helpful to find out if they have negative balance protection and appropriate client fund protection.
- Trading Conditions – The top forex brokers have a good range of trading instruments including forex, stocks, commodities, and cryptocurrencies. Try to also find brokers with fast trade execution, high leverage, and low trading costs.
- Trading Support – The top brokers have free educational materials and free daily market analysis. Look for a broker that also offers all the trading tools you need including economic calendars, EAs, chart indicators, and VPS service.