A forex broker with welcome bonus offers traders a financial incentive—usually credited as trading capital—when opening a new live account. These bonuses are typically no-deposit or deposit-matching promotions and are used to attract new clients, particularly in emerging markets. In 2025, several regulated and offshore brokers continue to offer competitive forex welcome bonuses to retail traders.
Types of forex welcome bonuses
| Bonus Type | Description | Withdrawable? |
|---|---|---|
| No Deposit Bonus | Free trading funds without initial deposit | Profits only |
| Deposit Bonus | Percentage match on initial deposit | Often partially |
| Trade Bonus | Credited after placing a set volume of trades | Sometimes |
| Referral Bonus | Earned by inviting new traders | Often withdrawable |
Best forex brokers with welcome bonus in 2025
| Broker | Regulation | Bonus Type | Bonus Amount | Withdrawal Conditions | Notes |
|---|---|---|---|---|---|
| FBS | IFSC, CySEC | No Deposit Bonus | $100 | Profit only, 20 lots | Requires ID verification |
| JustMarkets | FSA, CySEC | No Deposit + Deposit | $30 + 120% match | Profits only or tiered | Excellent for cent accounts |
| RoboForex | IFSC | Deposit Bonus | 120% on deposit | Bonus funds not withdrawable | Available for all accounts |
| Tickmill | FSA, FCA | Welcome Bonus | $30 | Profits withdrawable | Available only to select regions |
| InstaForex | BVI FSC | No Deposit Bonus | $150 | Profit with 5 lots traded | Requires bonus code |
| XM | CySEC, ASIC | No Deposit Bonus | $30 | Profits after verification | Available in Pakistan, Africa, Asia |
| Exness | FCA, CySEC, FSCA | Referral Promo | Up to $50 | Tiered based on activity | No fixed Welcome Bonus |
| FXTM | FSCA, CySEC | Welcome Cashback | $2/lot traded | Cash after trading | Volume-based rebate structure |
| Octa | CySEC, SVG | No Deposit Bonus | $50 | Trade volume required | Android-only bonus sometimes available |
| Vantage | FCA, VFSC | 50% Deposit Bonus | Up to $500 | Trading volume required | New traders only |
| AvaTrade | ASIC, FSCA, FSA | First Deposit Bonus | Up to $1,000 | Trading terms apply | Bonus size depends on initial deposit |
| FBS CopyTrade | IFSC | Investment Bonus | $50 free capital | Profits withdrawable | For copy trading only |
| FXOpen | FCA, ASIC | No Bonus | — | — | No bonuses due to regulation |
| Intertrader | UK-based | Pro Referral Bonus | £100–£250 | For introducing clients | No standard welcome bonus |
| Eightcap | ASIC, SCB | No Bonus | — | — | Focused on pricing, not promotions |
How to claim a forex welcome bonus
- Open a new account with a participating broker
- Verify your identity (KYC)
- Select the bonus offer in your client portal
- Meet the terms (e.g. trading volume, time window)
- Withdraw profit or bonus as per the bonus rules
Pros and cons of welcome bonuses
✅ Advantages
- No-risk exposure for beginners
- Boosts capital for margin and trade flexibility
- Try platforms and execution before depositing
❌ Disadvantages
- Often non-withdrawable bonus capital
- Requires trading high volumes to unlock profits
- May restrict account switching or strategy types
Key takeaways
- Welcome bonuses are still active in 2025 with FBS, JustMarkets, Tickmill, XM, and RoboForex among the most generous
- Most bonuses are profit-withdrawable only, and bonus funds cannot be cashed out directly
- KYC verification and trading volume milestones are almost always required
- Choose brokers that combine bonus offers with regulation, transparency, and platform quality
- Avoid unregulated brokers offering unrealistic or misleading bonus claims
Frequently Asked Questions
What is a no deposit bonus in forex?
A no deposit bonus is a small amount of trading capital (e.g. $30–$150) given to new clients without requiring a deposit. You can trade and usually withdraw profits after meeting volume conditions.
Can I withdraw the welcome bonus?
Typically, you cannot withdraw the bonus itself, but you may withdraw the profits earned from trading with it, after completing required lot sizes.
Which broker gives the highest no deposit bonus?
In 2025, InstaForex offers up to $150, and FBS offers $100. Both require trading at least 5–20 lots to unlock profits.
Are welcome bonuses available in all countries?
No. Due to regulatory restrictions, welcome bonuses are not available in the EU, UK, or USA, but are common in Asia, Africa, and LATAM.
Do I need to verify my identity to claim a bonus?
Yes. Nearly all brokers require full KYC verification before releasing bonus funds or allowing profit withdrawals.
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