Best Forex Bonuses in 2022.
I am going to show you best forex bonus opportunities according to Top Forex Broker List I made. If the name of the company doesn’t appear in the article although it finds a place in top 20, this means the broker hasn’t any bonus or promotion available.
Note that many bonuses and promotions have a time limit. So this type of article requires updating regularly. That’s exactly what I am going to do.
What is a Forex Bonus and What Should You Understand?
Forex Bonuses are a kind of offer made by forex brokers to their clients. Thanks to forex bonuses, brokers aim to attract more clients. Investors also aim to make more profit.
Every forex trader, regardless of trading experience and strategy, wonders about forex bonus promotions offered by the brokers.
Some brokers offer a certain amount of credit under the name of the bonus after their investors open an account and fund their forex trading account. This bonus type is known as forex deposit bonus .
There are even forex brokers that give you a bonus without making a deposit. This bonus is not allowed to be withdrawn but it allows you to trade with a larger account in addition to the original deposit . In another meaning, it is additional leverage.
But the profit you make with this bonus type is withdrawable under certain conditions. That’s why the free bonus issue is considered important by some investors. This bonus types is knows as no deposit bonus .
TL;DR: There are basically two types of forex bonuses. Deposit and no deposit bonus. In addition, however, other types of bonuses have also emerged. Examples include welcome bonuses, forex contests and other promotions.
In this article, I wrote in detail about the features of all these bonus types and what you need to know. Below you can see the best forex bonuses in 2022.
Best Forex Bonuses in 2022.
In this article, I have found and listed the best forex bonuses in 2022.
I also wrote important terms and conditions for each one. I also explained what types of bonuses they are. Thus, in the Categories of Forex Bonuses subheading, you can find the points to be considered about the relevant bonus type. I made the ranking considering the most reliable brokers and advantageous bonuses.
I hope you can trade advantageous in forex thanks to this article.
1. Olive Markets – 15% Welcome Bonus & Deposit Bonuses.
Olive Markets is one of the best forex brokers who offers attractive trading conditions. It is a regulated forex broker and provides investor protections. Also, the broker offers bonuses and promotions for its clients.
The first bonus is Olive Markets welcome bonus. If you open an account with Olive Markets, you will be able to obtain the 15% first deposit (welcome) bonus. The minimum deposit for Olive Markets is $100.
The other one is the “refer a friend” bonus. When you refer a friend to open an account at Olive Markets, the broker gives you a $100 bonus and your friend will get a 15% bonus.
There is an account transfer bonus offered by Olive Markets. This bonus enabled when you transfer your entire account to Olive Markets. You can get the %15 bonus when you transfer your account.
The last one is the crypto deposit bonus at Olive Markets. If you fund your account via Crypto, not only can you fund your account 24/7 but also earn a 5% Extra Bonus on all investments.
2. XM Forex – $30 No Deposit Bonus and %50+%20 Deposit Bonus.
XM forex is one of the most preferred forex brokers. It is also on the top of my list. It has licenses from different regulators. It also serves in many languages.
First, I will announce the $ 30 no deposit bonus offered by XM Forex. You do not need to deposit to claim this bonus. Just open an account and confirm your account. You can withdraw your profits you make with this bonus.
Secondly, I would like to mention the deposit bonus offered by XM. The two-tier deposit bonus offers 50% deposit bonus up to $500 and 20% deposit bonus up to $5,000.
Note that: “Clients registered under the EU regulated entity of the Group are not eligible for the bonus”
3. FXTM – Loyalty Program.
FXTM is also one of the most preferred forex brokers in the world. It continues to attract investors with various forex bonuses.
This bonus type offered by FXTM is called the loyalty program . If you get more out of trading with real, withdrawable cash. The more you trade, the more you can get paid.
FXTM bonus promotion offers you to get $5 back in cash every time you trade and have the chance to earn up to $10,000. You can rade up through five loyalty levels with larger rewards at every stage.
To claim your bonus, sign up for a new account, or login to MyFXTM. Register for the FXTM Loyalty program after you read and accept the T&Cs. Trade and receive your weekly cashback.
4. Tickmill – $30 No Deposit Bonus.
The $30 no deposit bonus offered by Tickmill is eligible for investors who will open an account for the first time. Each investor can claim this bonus only once. There is no fee. You do not need to make a deposit. You can withdraw the profits made by using this bonus.
Trader of the Month bonus is also offered by Tickmill. Every month the broker chooses the best of the best among its skilled clients and award the top-performing trader with a $1,000 prize.
This bonus type is not in the automated system. After opening an account, you need to contact the account manager for the claim.
5. Pepperstone – Active Trader Rebate Program.
Pepperstone does not offer a deposit or nodeposit bonus, in principle. Instead, they offer a program in a kind of rebate bonus category.
In the Active Trader Program, investors earn cash rebates based on the lot volume of the month they trade. There are 3 level rebate programs according to lot volume.
You can earn 10% cash rebate per lot up to 100 lots per month. If you have volume as 200-500 lots per month, you can earn %15 rebate per lot. If you have a FX volume of 500 lots or more per month, you need to contact to the client manager for your rebate percentage.
Pepperstone offers the refer a friend program is aimed at rewarding its clients who invite their friends or family to trade with them. To be eligible for the $100 USD bonus, your referral must meet the following criteria; the referral funds their account with more than $1,000 USD and trades at least 5 FX lots.
6. HotForex – %100 Credit Bonus and Other Bonuses.
Hot Forex brokers bonus provides many opportunities and they explain the conditions thoroughly.
One of them is Supercharged Bonus and it’s for every client. It doesn’t matter whether an initial $250 deposit or further deposits of $250. You can rebate $2 for every lot traded. But, a maximum limit applied for rebates. Totally you can withdraw $8,000. Also, there is the maximum amount of bonus which is $50,000.
The other HotForex bonus one is 30% Rescue Program . The program is for all customers. But, if customers have multiple accounts, they can use this program for only one of them. Also, the program is available for deposits which exceed $50. The total amount of bonus is $7,000.
Finally, I will explain 100% Credit Bonus. There isn’t a time limit, but the volume requirement. You need an initial deposit that values at least $100 or equivalent in other currency. The bonus is only available for FIX account, Premium, Micro and Islamic accounts.
7. FBS – Trader 100 No Deposit Bonus.
FBS offers its clients $100 No deposit bonus. FBS is one of the well-known forex brokers in forex industry. You can start forex trading with $100 without depositing. This bonus program is for new traders.
The best part of the bonus is it is not a demo account. FBS gives you free $100 to trade. It is real money and real account to start Forex trading. Thanks to this bonus you can learn how to trade an make a real profit with no need to get your own money.
You can also withdraw $100 if you trade 5 standard lots with this $100 no deposit bonus. However, there is no chance to withdraw the bonus. It is only for trading. It cannot be withdraw.
To apply the FBS no deposit bonus, you need to register an account by using the above link. Then, you need to verify your profile. You can receive FBS $100 no deposit bonus for 30 active trading days.
8. Dukascopy – Bonus Programs.
Dukascopy offers some particular bonuses. One of them is Equity Bonus.
Dukascopy offers 10% Bonus of the account equity for trader’s trading accounts. Clients of the broker can get the bonus during 30 days since they made a deposit on their account. The bonus will be added to the account equity right after application and it can use for trading as additional margin.
The bonus amount is %10 of the client’s current equity of the account when the client claims for a bonus. The available amount of maximum bonus is $50,000 for per client.
The other is volume trading commission discount program. Dukascopy offers its clients to get a 20% discount ın volume trading commissions. Clients can get for the 20% discount within 30 days since they made a deposit on their account.
The discount is valid only for volume trading commissions paid by client after successfully subscribing to the program. The accrued discount is calculated and displayed in online reports.
There is also an Anniversary bonus. Dukascopy celebrates its 11-year anniversary and it offers its clients an opportunity to get %100 bonus of the account equity. The bonus amount is 100% of the client’s current equity of the account when the client claims for a bonus.
9. EasyMarkets – Deposit Bonus.
EasyMarkets offers First deposit bonus to all traders who make a first deposit $100 or above. The bonus amount is percentage based and the client’s first deposit as specified.
The bonus amount based on first deposit: When you deposit $100 – $199 you can claim 30% bonus, deposit $200 – $1000 the bonus will be 50% and if you deposit $1001 – $5000 you can get 40% first deposit bonus.
Bonuses are for trading purposes only; they cannot be withdrawn, they are non-transferable and they are non-refundable. If you don’t complete any trade after 30 days from the day that you get the bonus, easyMarkets will debit the Bonus amount.
10. HYCM – 10% Credit Bonus.
HYCM offers its clients %10 Credit Bonus on every deposit that they make over $100. The maximum amount of bonus that clients get is $5,000.
Profits can be withdrawn but the bonus cannot. For every $1,000 bonus, the client will be required to trade 30 standard lots within 60 days, otherwise HYCM reserves the right to reverse the bonus given to clients.
This bonus offer is only applicable to clients of HYCM Limited, regulated by the Cayman Islands Monetary Authority.
11. InstaForex – No deposit Bonus and Other Bonuses.
Instaforex offers $3500 no deposit bonus to its clients. The no deposit bonus from Instaforex is a very good offer to start forex trading.
The bonus is not available for withdrawal of course. However, profits gained from the bonus funds can be withdrawn.
There are also other bonuses such as %100 bonus, %55 bonus and %30 bonus. %100 bonus is First deposit bonus and profits are withdrawable.
Clients of this broker can claim %55 and %30 bonuses for every deposit. However, there are some differences between these two bonuses. For example, the stop out level is %100 for %50 bonus but it is %10 for %30 bonus.
12. Finq – Welcome and First Deposit Bonus.
Finq Welcome bonus is available for all clients who opens an account with the company. It is $50 and immediately available for trading. It does not depend on deposits. You can withdraw the profits and your deposit.
For example if you deposit $200 and get $50 bonus, you make $25 profit, you can withdraw $225. The bonus expires after 30 days.
The other bonus is First-time deposit bonus. It depends on what you deposit. If you deposit minimum amount ($100) the bonus is %20. The percentage of bonus increases to %30.
The bonus can be withdrawn if you reach the trading volume required for the entire amount of the bonus granted to you.
13. RoboForex – Welcome Bonus.
Roboforex new clients can get Roboforex $30 welcome bonus if they complete verification successfully. The bonus gives extra funds to clients and they can use it for trading at least cost to their investments. You need to deposit at least 10 USD to your account using the bank card to receive the Welcome Bonus.
RoboForex Classic Bonus is an attractive offer. The bonus is up to 115% and it depends on your deposit. You just deposit funds to your account and receive 50%, 100% or even 115% of deposited sum. The more you deposit the more you receive bonus.
You can get 50% bonus if you deposit up to 300 USD, can get 100% bonus from 300 USD to 500 USD and 115% bonus from 500 USD.
14. CMC Markets – $200 Welcome Bonus.
The broker offers $200 welcome bonus for new clients. The Bonus will not be available to withdraw (i.e. included within your Account Value) until your Account reaches any of the following thresholds: (a) Earns AUD $500 or more in Realized Profits; (b) Generates AUD $120 or more in Commission; or (c) Places Trades with turnover in aggregate greater than AUD $1,000,000.
15. Vantage FX – 50% Welcome Bonus.
Vantage Fx welcome bonus gives clients more trading power. All you have to do is open a live account and claim your welcome bonus. It tailored exclusively for Vantage FX Standard STP accounts, you have to make a deposit of up to $500, and they will give an extra 50% bonus equity to trade with.
Clients must make a minimum initial deposit of $200, and up to $500 to participate (original deposit) in this offer. This offer can only be redeemed once per client account. You may withdraw your original deposit at any time – however, if you opt to withdraw, your 50% trading credit will also be removed from your account accordingly.
16. Grand Capital – 500$ No Deposit Bonus.
Grand Capital offers $500 no deposit bonus on real account. It allows clients to try more. It is no deposit, withdrawable profit. It is one of the best deal for those who learn Forex.
The profits are withdrawable after deposit. Note that bonus $500 is a Welcome-bonus from Grand Capital, starting deposit is not required to start real trading. All the profit of 5 trading days can be transferred to the owners only after the account deposit.
There is also any deposit bonus %40. All profit received from trading the bonus funds is freely withdrawable. In this time, the bonus funds pass into the client’s ownership at the rate of: $3 per 1 lot.
Bonus can be renewed every 6 months by depositing 10% of the initial sum to your account. Bonus funds can be used for drawdown.
17. OctaFX – $8 Welcome Bonus and 50% Deposit Bonus.
OctaFX offers all new clients a free $8 Welcome Bonus on opening an account. Clients can use this money to trade in the live markets and gather market knowledge before putting their own money at risk.
There is also 50% deposit bonus on each deposit. It allows clients to open positions of a higher volume. You can add 50% to your welcome bonus and withdraw all these bonus funds. But, note that the 50% bonus has its own terms of withdrawal.
After trading two lots, you can withdraw the welcome bonus funds and all profit you make above this sum from your trading account, using via the options the broker offers. The bonuses are available for all accounts.
To claim the bonus you need to verify your account and make a deposit. You can claim the bonus manually or enable automatic bonus application for each deposit in the bonus settings.
18. Forex4you – 100% Deposit Bonus.
This bonus means when you deposit into your account Forex4you will double it. The best part of this bonus is it is unlimited. It means you can deposit as much as you like the broker will double it.
You can choose the percentage of the bonus. It is important for turnover. The higher level you choose the larger trading turnover you must have on your account. The bonus is added instantly to your account in the form of a trading credit.
Which no deposit bonus forex 2022 is available? Is there a forex free bonus no deposit 2022 ? How much a forex brokers bonus can give an edge to you? I updated the list of best brokers with the no deposit forex broker . Continue reading for learning about the best bonuses and promotions. Let’s look at the forex no deposit bonus 2022 together.
Understanding Forex Bonuses.
Forex brokers offer bonuses for many reasons. Basically, the main motivation is to reach more customers. At this point, bonuses become advantageous for both traders and forex brokers.
Because investors also trade more advantageously thanks to the bonuses they earn. In addition, investors who want to try a forex broker can try to minimize the risk thanks to these bonuses.
Forex companies that give bonuses without depositing money call this situation “no deposit bonus”. If you get a no deposit bonus, you will not be able to withdraw this money. Otherwise, everyone will open an account and withdraw the bonus without making any deposits or making any transactions/trade. After all, in order for the system to work fairly, there must be a deposit limit in addition to this bonus, and an obligation to make a certain volume of trades.
Assume that you opened a new account, they can grant you $30 bonus immediately and then a 100% bonus up to a $5,000 deposit. For example, when you open an account with $5,000, you will get another $5,000 as a credit. And total, you will have $10.000. With this, you double your leverage. In fact, the correct use of bonuses should be like this. Bonuses are not like free money. With bonuses, you will increase your leverage without taking any risk from the trades you have opened.
Let’s say you deposited $ 100 to your account. The broker you are working with also gave you a 30%bonus. Now you got $ 130 in total right? You can’t withdraw this $ 30 but you can withdraw its profit. If you are allowed to withdraw $30, then you have to trade a certain number of lots.
I see complaints from investors who think otherwise. They’re saying “I deposited $ 100 and they added my bonus. Next day, when I want to withdraw all of my money, they don’t allow me to do it.” It must be like this because it’s pointless to abuse that bonus. When receiving a bonus, investment psychology should be like this: “I deposited $ 100 but I can trade like I have $ 130.”
In addition to these, there are also a bunch of forex companies that provide bonuses. But most of them are unregulated. They are doing it because they can’t find other sources of attraction. And in this way they are trying to attract investors. But I think this is a short-term solution because they promise too many bonuses and they can’t give them to their investors. They hide sentences between the lines which leads the forex bonus campaigns ineffective. Because of this, forex brokers that giving too much bonus could be a problem. Instead of this it would be wise to choose forex bonus campaigns that are modest and trustworthy.
Free bonus is very important for investors but I think finding a trustable broker is more important than factors like spread, bonus and leverage. Choosing a broker just because it offers a higher bonus might be the wrong choice. I warn investors about this situation almost with every blog post I write. Because like I said, security of your investments should come first. Bonus shouldn’t be the only criteria while choosing a forex company to invest.