Forex Bonuses
Forex bonuses are additional funds that forex brokers offer to traders as part of marketing programs aimed at attracting new clients and encouraging active trading.Each broker that offers bonuses sets specific terms and conditions, which must be carefully reviewed. Only after thoroughly studying them should a trader decide whether to accept these terms or not.
Let’s take a look at the most relevant bonus programs.
New and Relevant Bonuses and Promotions from Brokers
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Deposit Bonus
A deposit bonus is the simplest and most straightforward type of bonus. You fund your account, and the broker adds a certain amount to your balance.For example, if you deposit $150, the company adds a 30% bonus. As a result, your total balance becomes $195. $150 / 100% × 30% = $45 — this is the amount your deposit increases by. In total: $150 + $45 = $195 — this is the amount you can trade with.
At first glance, everything looks great, but let’s take a closer look.
The broker added a bonus to your deposit because they expect to make a profit from it. What is required from you is specified in the terms and conditions under which the bonus is granted. Each company has its own requirements, but in any case, you'll have to work off the bonus — no one gives away money for nothing.
No-Deposit Forex Bonus
No-deposit bonuses are special promotional offers that go by various names — registration bonus, welcome bonus, or simply no-deposit. However, the terms and conditions for these bonuses vary significantly:- You must trade a certain volume using the bonus funds before you're allowed to withdraw any profit earned.
- You need to meet a required trading target based on a percentage of the bonus amount; after reaching it, the remaining profits may become available for withdrawal.
In these cases, if a trader loses everything, they simply walk away with nothing — since no personal funds were invested, there's nothing to lose.
However, there is another, riskier type of no-deposit bonus. In some cases, if the bonus is fully or partially lost, the trader is obligated to restore the initial bonus amount. For example, if a trader receives a no-deposit bonus of $150 and loses it (partially or entirely) due to unsuccessful trading, they may be required to repay it — bringing the account back to the original bonus amount of $150 — using their own money. This is typically agreed to in the terms and conditions upon accepting the bonus.
These are the main and most relevant bonus promotions and programs.
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