Dear trader, welcome to ForexBestBonus.com! Here you will find the most useful, reliable and up to date information regarding forex bonuses. We are a team of professionals that have been trading on the forex market for more than 10 years and thus have accumulated an extensive experience and knowledge in this field. Therefore, we had decided to gather all this information under one roof and share it with you. We realize that it is of great importance which bonus and broker to choose and this is why we have selected only top regulated brokers offering honest and reliable services.
Apart from that, please also feel free to check the other sections of our website which include: forex brokers ratings, reviews, forex education, successful strategies and useful tips. All information you will find on this website is genuine and up to date. We have tested many different brokers and their bonuses so you can be sure that we are presenting to you only the most honest brokers and the best forex bonuses.
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Important: Your Capital is at risk. T&Cs apply for all bonus promotions
Nowadays, almost every single broker offers a forex bonus. Thus, we know how important it is to choose not only the best bonus but the most reliable and honest broker. Below you can find a selection of the best forex brokers that we highly recommend considering. They have already proven themselves as market leaders and we can truly say they offer top notch services and some of the best forex bonuses across the industry.
Important: Your Capital is at risk. T&Cs apply for all bonus promotions
Nowadays, the competition between forex brokers is extremely high. In relations to that, in order to attract more clients, forex companies offer exclusive bonuses. Depending on the broker there are many different bonus promotions available. Keep in mind that every bonus is associated with terms and conditions which we highly recommend you read.
In any case, it is important to understand that those bonuses are very beneficial when it comes to trading. They give the opportunity to the client to trade bigger volumes and potentially increase the return on investment. Overall, all bonuses are considered free of charge promotions offered by forex brokers and we can only be happy about that. Thus, it is essential to select the perfect combination of the best forex broker offering the most attractive bonus for you.
We are sure that most likely you have encountered many different forex bonus promotions available on the market. However, it is up to you to select the specific bonus promotion that best meets your needs and requirements. We have taken the time to distinguish these bonus promotions into several types in order to make your selection easier.
No-deposit bonus. This is probably the most common promotion that you may see. Essentially, this is a perfect opportunity if you wish to try out a forex broker without depositing any of your own funds. Such bonus is usually given only to newly registered clients at the particular forex brokerage firm. It is important to read the terms and conditions of such bonus in order to be sure you trade by the rules. In the end of the day, isn’t it wonderful if you manage to make some decent profits without the need to invest any of your own money?
Deposit bonus. Such bonuses are offered based on the deposited amount of the client. Obviously they vary and may start from 10% up to 200% in some cases. You can use the bonus amount for trading purposes and in most cases you will only be allowed to withdraw just the profits that were made with it. In other cases, you will also be allowed to withdraw the bonus amount, given certain criteria has been made such as specific trading volume or number of trades. In any case, using a deposit bonus is very beneficial for you as it will give you the opportunity to open larger trades, keep your positions opened for longer period of time, and the opportunity to generate higher profits. For example, if a company offers 100% and you deposit 200$ it means you will get an additional 200$ for trading so your total capital would double and will be equal to 400$.
Welcome bonus. Such bonus is given to new clients only once. Generally, welcome bonuses tend to be more generous as brokers are focusing on winning loyal clients in the long term. Such bonus type can be either a non-deposit bonus or a deposit bonus.
Refer-a-friend Program. In the recent years it has become more and more common for forex brokers to reward their clients for referring other clients. Such reward can be either bonus or a cash prize depending on the broker’s offer.
Forex contests. Most forex contests are being offered absolutely for free. They widely vary in terms of the bonus prizes being offered. Some brokers offer demo contests while other lucky draws. Anyhow, such promotional activities are a good way for you to generate some extra bonus for your account. Why not give it a try?
Choosing a forex broker is a complex procedure, which requires a considerable knowledge and skills. Particular attention should be paid on the regulators and licenses of the broker. Based on the feedback of professional traders will be easier to make the best decision about choosing the right company. In order to make this procedure as easy as possible we had selected only the most reliable and trusted forex market leaders.
Please note that it is important to check the funding and withdrawal options before opening an account in order to avoid problems in the future. You should always read the terms and conditions of the company and seek professional help if in need of further clarification. Due to the high competition, almost all forex brokers have different advantages and promotions which you should compare and evaluate based on your individual needs.
Nevertheless, the choice of broker is a challenge for both novice and experienced traders. However, the real problem with the broker selection comes when you need to define the benefits of trading with that specific company. Along with the main distinctive advantages you can also find potential weaknesses – it all depends on your trading style. For instance some traders prefer working with a broker that allows scalping while others focus on brokers offering stability and security for long term trading.
Apart from that, a very important point to mention is that you should check out the broker’s support desk(chats, phone, email). Forex is a market around the clock, so you should select a broker that ideally provides around the clock support. Is there a support in your language?
Furthermore, Forex traders tend to use high leverage, and sometimes they select a broker based only on this characteristic. However, we should remember that despite the fact that a high leverage can bring big profits, it also increases the level of risk.
Bonus promotions are also a good way for brokers to attract new clients. This is why, due to the high competition, many forex companies offer very attractive promotions. It is a good idea for traders to check and compare the best of the bonuses in order to get the best value for their investment.
Before selecting the right forex broker for you it is necessary to check what the company regulation is. It is extremely important that you trade with a regulated broker because in case of a dispute you can always contact the regulator who will be responsible to resolve the issue. Needless to say, we have selected only serious, honest and top regulated forex firms on our website.
All regulated brokers should comply with certain rules and regulations set by the regulator. In essence, the terms of each regulator should be approved by the government or other relevant governmental body. Some of the most common regulations that you will see are CySEC ( Cyprus Securities and Exchange Commission), ASIC (Australian Securities and Investments Commission ), FCA (Financial Conduct Authority) in the UK . Apart from those, there are many other regulatory bodies responsible for specific regions. The important point here is that no matter what broker you will select it needs to definitely be regulated.
In case you doubt the regulation of a broker you can visit the regulator website and check the list of regulated investment firms. In this way you can make sure your broker is genuine. After all, it is of utmost importance that your funds are in safe hands. Always spend some time researching information about the broker before making a deposit.
In order to make profit in the forex market you will need to make the correct bet in relation of one currency to another. The main and one of the most distinguishing characteristic of the forex trading is the fact that you can earn not only from the growth of one of the currencies, but also from its fall (bullish and bearish markets). The biggest challenge remains guessing whether your chosen position will go up or down.
One of the main problems of forex traders is the belief they can get rich fast. A lot of people open accounts with brokerage companies, fill up huge amounts of money and in no time their accounts get wiped out. And all of this is because they do not even know the basics and are hoping to get rich in an instant. Apart from investing money, most traders do not realize that they should also invest their precious time. You simply cannot become a profitable trader over a night. It sometimes takes days or even years before you can actually earn desirable amounts of profit.
Interestingly, it is not beneficial for big forex firms that clients will lose their money in a very short period of time. That is because it would probably highly disparage traders to deposit more funds and continue trading. This is why most forex broker firms offer deposit and no deposit bonuses in order to help new traders feel more comfortable in their first steps into the forex world. In this regard, the best brokers often provide their traders with free training courses, seminars, webinars, video tutorials, e-bboks, forecasts of experts, handy software for trading, etc. Please also make sure to check out our education section.
Please also feel free to check the other sections of the website as our first priority is to keep you well informed and well prepared to enter the forex world. Happy trading fellow traders!