Which Forex Broker Gives a Free Bonus?

Forex brokers often offer bonuses as incentives to attract new traders or reward existing ones. These bonuses come in different forms, such as no-deposit bonuses, deposit match bonuses, or trading credits. Below is a guide to the top forex brokers that provide free bonuses and their key features.

Types of Forex Bonuses

No-Deposit Bonus: A free bonus provided without requiring a deposit, allowing traders to test the broker’s platform risk-free.
Deposit Bonus: A bonus awarded as a percentage of the deposit (e.g., 100% deposit bonus).
Trading Credit: Bonus funds that can be used for trading but may require certain trading conditions to withdraw profits.

Top Forex Brokers Offering Free Bonuses

1. RoboForex

Bonus Offered: $30 No-Deposit Bonus and 100% Deposit Bonus.
Why It’s Great: RoboForex offers a no-deposit bonus for beginners and a 100% deposit bonus for regular traders.
Features:
- $30 credited after account verification.
- Deposit bonuses double your trading capital.
- Profits from the bonus are withdrawable after meeting trading volume requirements.
Regulation: Regulated by IFSC (Belize).
Best For: Beginners and traders looking for deposit incentives.

2. XM

Bonus Offered: $30 No-Deposit Bonus and Loyalty Program.
Why It’s Great: XM provides a beginner-friendly $30 no-deposit bonus and ongoing rewards for active traders.
Features:
- $30 bonus credited without a deposit.
- Bonus funds can be used for trading; profits are withdrawable after meeting conditions.
- Loyalty points for active traders, redeemable for credits.
Regulation: Regulated by CySEC, ASIC, and IFSC.
Best For: Beginners and loyal traders.

3. FBS

Bonus Offered: $100 No-Deposit Bonus and 100% Deposit Bonus.
Why It’s Great: FBS offers one of the most generous no-deposit bonuses and deposit match bonuses.
Features:
- $100 no-deposit bonus available after registration and verification.
- 100% deposit bonus doubles your trading capital.
- Profits are withdrawable after fulfilling trading volume requirements.
Regulation: Regulated by IFSC and CySEC.
Best For: Traders seeking high-value bonuses.

4. InstaForex

Bonus Offered: $1000 StartUp Bonus and 100% Deposit Bonus.
Why It’s Great: InstaForex provides one of the largest no-deposit bonuses in the industry.
Features:
- $1000 StartUp Bonus available without a deposit.
- 100% deposit bonus for all deposits.
- Profits can be withdrawn after meeting trading volume conditions.
Regulation: Regulated by BVI FSC.
Best For: Traders looking for large no-deposit bonuses.

5. Tickmill

Bonus Offered: $30 Welcome Bonus.
Why It’s Great: Tickmill provides a simple no-deposit bonus for traders to test its platform.
Features:
- $30 bonus credited after account verification.
- Profits withdrawable after fulfilling trading requirements.
- No deposit needed to claim the bonus.
Regulation: Regulated by FCA, CySEC, and FSA.
Best For: Beginners exploring the platform risk-free.

6. OctaFX

Bonus Offered: Up to 50% Deposit Bonus.
Why It’s Great: OctaFX provides a deposit bonus to boost trading capital for new and existing clients.
Features:
- Bonus funds usable as margin.
- Profits withdrawable after meeting trading requirements.
- Available on MT4 and MT5 platforms.
Regulation: Regulated by CySEC.
Best For: Traders looking for deposit-based bonuses.

7. HotForex (HFM)

Bonus Offered: 100% SuperCharged Bonus.
Why It’s Great: HotForex offers a deposit bonus aimed at active traders.
Features:
- 100% deposit bonus credited to all deposits.
- Cashback rewards for high trading volumes.
- Bonus funds usable as trading margin.
Regulation: Regulated by FCA, CySEC, and FSCA.
Best For: Experienced traders looking for trading capital boosts.

Things to Consider About Bonuses

Terms and Conditions: Always review the bonus terms to understand withdrawal requirements and trading volume conditions.
Regulation: Choose bonuses from brokers that are regulated to ensure fairness and transparency.
Purpose: Use bonuses as an additional resource, but avoid relying on them excessively, especially when trading with leverage.

Conclusion

For free bonuses, RoboForex, XM, and FBS are excellent choices for no-deposit and deposit bonuses. InstaForex stands out with its $1000 StartUp Bonus, while Tickmill offers a straightforward no-deposit bonus for beginners. Always ensure you understand the conditions attached to the bonus to make the most of it.