The ability to compare forex bonuses across multiple brokers in one place is the single most valuable tool for any trader evaluating promotional offers. Bonuses differ enormously in type, size, withdrawal conditions, and regional availability — and the details buried in terms and conditions can turn what appears to be a generous promotion into an unusable marketing gimmick. This page compares all 17 brokers in the forex-bonus.com Broker Matrix across every dimension that matters: regulation, minimum deposits, platform availability, bonus types, withdrawal terms, and overall scores.
Every broker featured here has passed our review methodology vetting process. All bonus figures are sourced from the Broker & Bonus Matrix, verified against broker terms where accessible, and last checked in June 2026. Where a value could not be directly confirmed, it is flagged as such. For the complete explanation of how forex bonuses work before diving into comparisons, see the forex bonus guide.
Verified June 2026. Tim Morris | forex-bonus.com may earn a commission through broker links. This never influences our ratings or analysis. Trading forex and CFDs carries significant risk — most retail traders lose money. See our full affiliate disclosure and risk warning.
Regulatory note: Forex bonuses are banned for retail clients in the EU (ESMA), UK (FCA), Australia (ASIC), and the US (CFTC/NFA). The offers compared in this guide are available to traders in eligible emerging-market regions including Nigeria, South Africa, India, Indonesia, Malaysia, the Philippines, Pakistan, Bangladesh, and parts of the Middle East and Latin America. Always confirm your eligibility directly with the broker.
How We Compare Forex Bonuses and Brokers
Before reviewing the comparison tables, understanding our methodology matters. We evaluate each broker using a weighted scoring system documented in full at how we review brokers. The core criteria include:
- Regulation quality — Tier-1 licenses (FCA, CySEC, ASIC) carry more weight than offshore-only regulation
- Bonus transparency — Are terms published, is the fine print clear, and are withdrawal conditions achievable for a retail trader?
- Withdrawal track record — Do traders actually receive their bonus profits?
- Trading conditions — Spreads, execution quality, platform availability, and account types
- Regional availability — Does the broker serve your country, and are bonuses accessible under your entity?
No single metric determines a broker’s position. A broker with a high bonus amount but poor regulation scores lower than one offering a modest bonus with transparent terms and strong oversight. Use the bonus calculator to model specific scenarios and the turnover calculator to estimate lot requirements before committing to any offer.
Master Comparison Table: All 17 Brokers
This table summarizes every vetted broker’s core attributes in one view. Sort mentally by whichever column matters most to your situation — regulation, deposit threshold, or bonus type.
| Broker | Founded | Top Regulation | Min. Deposit | Platforms | NDB | Deposit Bonus | Cashback | Score |
|---|---|---|---|---|---|---|---|---|
| XM | 2009 | CySEC, ASIC, DFSA | $5 | MT4, MT5 | $50 | 50% + 20% (up to $5,000) | Seasonal | 8.5 |
| Exness | 2008 | FCA, CySEC | $10 | MT4, MT5, Exness Terminal | — | — | Premier cashback | 9.0 |
| FBS | 2009 | CySEC, ASIC, FSCA | $5 | MT4, MT5 | $100 (Quick Start) | 100% first deposit | Seasonal promotions | 7.5 |
| InstaForex | 2007 | BVI FSC | $1 | MT4, MT5 | Up to $3,500 | 30% + 100% (up to $2,000) | — | 6.5 |
| RoboForex | 2009 | FSC Belize | $10 | MT4, MT5, cTrader | $30 | Up to 120% (max $50,000; unverified) | 5-10% commission | 7.0 |
| JustMarkets | 2012 | CySEC, FSA Seychelles | $10 | MT4, MT5 | Was $30 (unverified Aug 2026) | Was up to 120% tiered (unverified Aug 2026) | 10% spread cashback (unverified) | 7.5 |
| Tickmill | 2014 | FCA, CySEC, FSA Seychelles | $100 | MT4, MT5, TradingView | $30 (limited regions) | Up to 20% (max $1,000) | — | 8.0 |
| Windsor Brokers | 1988 | FSA Seychelles, JSC Jordan | $1 | MT4, MT5 | $30 | 20% at the default Silver tier (up to 100% at higher Loyalty Tiers) | — | 7.5 |
| FreshForex | 2004 | SVGFSA | $10 | MT4, MT5 | — ($50 NDB expired) | Up to 300% (max $5,000) | Up to $20/lot | 6.5 |
| FXGT | 2019 | FSA Seychelles, FSCA | $5 | MT4, MT5 | [NEEDS-VERIFICATION] | 30% Milestone + loyalty tiers | Spread rebate (rate [NEEDS-VERIFICATION]) | 7.0 |
| LiteFinance | 2005 | CySEC, FSC Mauritius | $10 | MT4, MT5, cTrader | $50 | 60% (promo code; 100% code expired) | — | 7.0 |
| Traders Trust | 2009 | FSA Seychelles | $50 | MT4 | — ($200 NDB withdrawn) | — (Convertible withdrawn) | Up to $2,000/day | 7.0 |
| AvaTrade | 2006 | CBI Ireland, ASIC, JFSA | $100 | MT4, MT5, AvaTradeGO | — | [NEEDS-VERIFICATION] | — | 8.5 |
| Vantage | 2009 | ASIC, FCA, VFSC | $50 | MT4, MT5, TradingView | — (NDB expired) | 50% + 10% in many of our markets (150% + 25% is Europe/UK/NZ only, 19 Oct 2026) | USDT rebate (MENA only) | 8.0 |
| FP Markets | 2005 | ASIC, CySEC, FSCA | $100 | MT4, MT5, cTrader | — | — | — | 8.5 |
| HFM | 2010 | FSCA, FCA, CySEC | $5 | MT4, MT5 | — | 20% Top-Up (up to $5,000) | Return on Free Margin | 8.5 |
| OctaFX (Octa) | 2011 | CySEC, MISA | $25 | MT4, MT5, OctaTrader | — | 50% each deposit | — | 7.5 |
All figures sourced from the forex-bonus.com Broker & Bonus Matrix. Verified June 2026. Bonus availability varies by region and entity — always verify directly.
For the full ranked breakdown with detailed broker profiles, see best forex brokers with bonuses.
Compare Forex Bonuses by Type
Different bonus types serve different trading needs. The table below groups brokers by their strongest bonus category so you can quickly find the comparison that matters to your situation.
Best for No-Deposit Bonuses
No-deposit bonuses let you test a broker with their capital before risking your own. They are ideal for platform evaluation but typically come with strict lot requirements and profit caps. For the complete guide, see no-deposit bonus explained.
| Broker | NDB Amount | Volume Requirement | Time Limit | Profit Cap |
|---|---|---|---|---|
| Traders Trust (withdrawn Aug 2026) | Was $200 | Was 10 lots in 30 days | — | Was $200 |
| FBS | $100 (Quick Start) | 5 lots in 30 days | 30 days | $100 |
| LiteFinance | $50 | Deposit required before withdrawal | 1 month | $50 |
| FreshForex (expired May 2026) | Was $50 | Was $2.50 per lot converted | — | Was $50 |
| XM | $50 | 0.1 standard lots + 5 trades | No claim window stated | No cap stated |
| JustMarkets — unverified Aug 18, 2026; excludes Nigeria and South Africa | Was $30 | 5 lots + 60 pips cumulative | 30 days | $30 |
| Windsor Brokers | $30 | 1 lot + 20 trades | 6 months | Min $60 profit to withdraw |
| FXGT — unverified | [NEEDS-VERIFICATION] | GTLot volume + closed trades (figures [NEEDS-VERIFICATION]) | 30 days to claim | $300 profit threshold (unconfirmed) |
| Tickmill | $30 | Deposit $100 to withdraw | 60 days + 14 days | $100 max |
| RoboForex | $30 | None in current official rules | 30-day activation code | No profit cap |
With Traders Trust’s $200 offer withdrawn from the broker’s site (confirmed August 7, 2026) and FreshForex’s $50 expired, XM’s $50 NDB now leads the verified field on practical value: a light volume requirement (0.1 standard lots + 5 trades) and no stated profit cap. As of 19 October 2026, XM’s site showed the $50 bonus only to visitors from the UAE, Kuwait, Bahrain, Oman, Qatar and Singapore — not to Nigeria, South Africa, India or the other markets we cover. Read the full breakdown at deposit bonus vs no-deposit bonus to decide which type suits your situation.
Best for Deposit Bonuses
Deposit bonuses add margin to your trading account when you fund it. The percentage and maximum vary widely, as do the lot requirements needed to convert or withdraw bonus funds. See deposit bonus terms explained and our complete deposit bonus guide for details.
| Broker | Deposit Bonus | Max Bonus | Volume Requirement | Time Limit |
|---|---|---|---|---|
| FreshForex | 300% | $5,000 active | 35% of bonus in lots | No volume deadline (promo ends Dec 28, 2026) |
| Vantage (50% + 10%; NG, ZA, KE, GH, EG, Gulf states, BR, MX, CO) | 50% first + 10% subsequent | $20,000 total | None stated (credit non-withdrawable) | No end date |
| Vantage Turbo (Nigeria and South Africa only) | 150% first + 50% subsequent | $3,000 total | None stated | Aug 14 - Nov 30, 2026 |
| JustMarkets — unverified Aug 18, 2026 | Was 50% / 100% / 120% (tiered) | Was $40,000 combined | Bonus / 2 = lots | 30-90 days |
| RoboForex — unverified | Up to 120% | $50,000 total | 1 lot per $2 bonus (unconfirmed from primary source) | 12 months from activation |
| FBS | 100% first deposit | $10,000 per deposit | Non-withdrawable credit | 28 days inactivity |
| Traders Trust (withdrawn Aug 2026) | Was 100% | Was $50,000 | Was 0.2 lots per $1 bonus | — |
| HFM | 20% (Top-Up; the 100% Supercharged was withdrawn Aug 2026) | $5,000 | None stated; profits withdrawable | Until cancellation (60-day inactivity) |
| InstaForex | Tiered: 100% up to $2,000, 50% on $2,000-5,000, 30% above $5,000 | No max stated | None — no lot requirement; any withdrawal cancels the bonus | Annulled after 30 days without trades or if equity falls below 120% of the bonus |
| LiteFinance | 60% (code: LIKE) — the 100% SANWALA code expired June 14, 2026 | $10,000 | 50 trades + 30% of bonus in lots | 6 months from bonus payment |
| OctaFX (Octa) | 50% each deposit | No max stated | Bonus / 2 = lots | No deadline stated |
| XM | 50% first + 20% subsequent | $5,000 total | None (credit non-withdrawable) | Ongoing |
| AvaTrade | [NEEDS-VERIFICATION] | [NEEDS-VERIFICATION] | 30,000 base units per $1 | 100 days |
| Windsor Brokers | Tiered 20%-100% by Loyalty Tier | $10,000 active at any time | None (non-withdrawable trading credit) | Ongoing; cancelled on withdrawal, transfer, Stop Out or 60 days’ inactivity |
| Tickmill | Up to 20% | $1,000 | 1 lot per $3 bonus | 14 days to claim |
The highest percentage (FreshForex at 300%) comes with heavier lot requirements and offshore-only regulation. Vantage’s 150% + 25% bonus would be the strongest verified high-percentage offer, with no lot requirement at all, but it is not available in the markets we cover: Vantage’s own eligibility checker reserves it for Europe, the UK and New Zealand. For our readers, Vantage’s biggest match is the Turbo Deposit’s 150% (Nigeria and South Africa only, $3,000 total cap, ends 30 November 2026). Its standard offer in Nigeria, South Africa, Kenya, Ghana, Egypt, the Gulf states, Brazil, Mexico and Colombia is 50% + 10% (up to $20,000 of non-withdrawable credit); Indonesia, Malaysia, the Philippines, Thailand and Vietnam are sent to variants whose terms we haven’t verified, and Pakistan, Bangladesh and India get no Vantage deposit bonus (checked 19 October 2026). JustMarkets’ up-to-120% ladder used to hold that balance spot, but as of August 18, 2026 it is no longer published on the broker’s site and we could not verify it is running. For beginners, XM’s straightforward structure and low $5 minimum deposit make it the most accessible. Use the bonus calculator to model your exact scenario.
Best for Cashback and Rebates
Cashback programs return a portion of your trading costs and are the most sustainable long-term benefit — there is no “bonus trap” because rebates are typically paid as withdrawable cash. See our dedicated cashback rebate guide for the full comparison.
| Broker | Cashback Type | Amount | Min. Volume | Withdrawable? |
|---|---|---|---|---|
| Traders Trust | Daily tiered rebate | Up to $2,000/day | 10 lots/day | Yes, fully |
| FXGT | Spread rebate | [NEEDS-VERIFICATION] | Per trade | Yes, as trading credit |
| RoboForex | Commission rebate | 5-10% of commission (ECN) | 10 lots/month | Yes, fully |
| HFM | Return on Free Margin | 2-3% annual on free margin | 5 lots/month | Yes |
| JustMarkets (unverified) | Spread cashback | 10% of trading costs | No minimum volume | As JM USD reward |
| FreshForex | Mega Rebate | Up to $20/lot | Weekly | Yes, fully |
| Exness | Premier cashback | Up to 50% via EXD | Tiered | Yes, withdrawable |
For traders generating consistent volume, Traders Trust and RoboForex offer the most straightforward cashback — real cash, no strings, paid regularly. The turnover calculator helps estimate your monthly volume to see which tier you qualify for.
Best Broker by Category
Not every trader has the same priorities. These category picks identify the strongest broker for specific trading needs, each linking to a detailed guide.
Best for No-Deposit Bonus: XM ($50)
XM’s $50 NDB tops the verified field: no stated profit cap, a 0.1-lot volume requirement, and a broker with deep multi-jurisdiction regulation. The former headline leader — Traders Trust’s $200 — was withdrawn from the broker’s site in August 2026 and is no longer claimable. Full analysis at best no-deposit bonuses.
Best for Deposit Bonus: Vantage (Turbo 150% in Nigeria and South Africa)
Vantage’s headline 150% first-deposit bonus (plus 25% on subsequent deposits, capped at $50,000 total credit, running to December 31, 2026) is not available in the markets we cover: Vantage’s own eligibility checker reserves it for Europe, the UK and New Zealand. What the checker offered our readers on 19 October 2026:
- Nigeria and South Africa — Turbo Deposit Promotion: 150% of the first deposit up to $1,000 credit, then 50% of later deposits up to $2,000 credit, for a $3,000 maximum. It runs 14 August to 30 November 2026, needs a $50 minimum deposit, opt-in, proof of address and leverage of 2,000:1 or lower, and e-wallet, crypto and USDT deposits don’t qualify.
- Nigeria, South Africa, Kenya, Ghana, Egypt, the Gulf states, Brazil, Mexico and Colombia — 50% + 10% bonus: 50% of the first deposit up to $500 credit, then 10% of later deposits, capped at $20,000 total credit, with a $50 minimum and no stated lot requirement. STP, ECN or Copy Trading accounts, opt-in required; e-wallet and crypto deposits don’t qualify. The credit is not withdrawable, profits are, and withdrawals remove credit proportionally. It has run since 10 May 2021 with no end date.
- Indonesia, Malaysia, the Philippines, Thailand and Vietnam: sent to other deposit-bonus variants whose terms we have not verified.
- Pakistan, Bangladesh and India: the checker returns an error page, so no Vantage deposit bonus is offered.
JustMarkets’ up-to-120% tiered ladder held this slot until August 18, 2026, when we found it was no longer published on the broker’s site; we could not verify it is running, so it is not ranked here. See the complete deposit bonus comparison.
Best for Cashback: Traders Trust (Up to $2,000/day)
Traders Trust pays tiered daily cashback with no withdrawal restrictions on the rebate amount. High-volume traders can earn meaningful returns. RoboForex is the runner-up with its monthly commission rebate structure. Full details at cashback rebate programs.
Best for Beginners: XM
XM combines a $5 minimum deposit, a $50 no-deposit bonus for testing without depositing your own funds, an established education hub, and multi-tier regulation. The platform options (MT4, MT5) are industry standard, and the loyalty points program rewards continued activity. Detailed breakdown at best forex broker for beginners.
Best for Low Spreads: Exness or Tickmill
Exness offers raw spread accounts starting from 0.0 pips on its Pro and Zero accounts (from $200 minimum). Tickmill provides ECN-style execution with tight spreads and transparent commission pricing. Neither is primarily a “bonus broker,” which itself is a signal — the best spreads often come from brokers that compete on execution rather than promotions. Full comparison at best forex broker for low spreads.
Best for High Leverage: FreshForex (1:2000) or XM (1:1000)
FreshForex offers leverage up to 1:2000 through its SVG entity, while XM provides up to 1:1000 through its Belize entity. Higher leverage amplifies both gains and losses — it is not a benefit for most traders. Detailed analysis at best forex broker for high leverage.
Best for Small Accounts: XM ($5 min) or Windsor Brokers ($1 min)
Both brokers allow you to start with minimal capital, and both offer no-deposit bonuses to supplement your initial balance. XM’s Micro account with 0.01-lot minimums is specifically designed for small accounts. See the full guide at best forex bonus for small accounts.
Head-to-Head Broker Comparisons
Side-by-side matchups are the fastest way to decide between two specific brokers you are considering. Each comparison below covers regulation, trading conditions, bonus programs, and withdrawal experience.
XM vs Exness
The most searched broker comparison in emerging markets. XM wins on bonus programs (active NDB, deposit bonus, and loyalty points versus Exness’s contradictory bonus stance). Exness wins on platform variety (Exness Terminal and Trade App alongside MT4/MT5), raw spread accounts, and breadth of regulation. Both score in our top tier — XM at 8.5, Exness at 9.0.
Quick verdict: Choose XM if bonuses are important to your strategy. Choose Exness if tight spreads and execution speed matter more. Read the full analysis at XM vs Exness.
XM vs FBS
XM and FBS both target emerging markets with $5 minimum deposits and active bonus programs. FBS offers a larger no-deposit bonus ($100 Quick Start vs XM’s $50) and a 100% first deposit bonus, but its promo pages frequently redirect and terms are harder to verify. XM has stronger multi-tier regulation (CySEC, ASIC, DFSA) compared to FBS’s CySEC plus Belize setup. XM scores 8.5 vs FBS’s 7.5 in our matrix.
Quick verdict: XM for regulatory depth and verified bonus terms. FBS if the $100 Quick Start NDB is available and verified in your region. Read the full analysis at XM vs FBS.
XM vs HFM
Both are popular across Africa and Asia with low minimum deposits ($5). The deposit-match gap closed in August 2026: HFM’s 100% Supercharged Bonus (up to $50,000) was withdrawn, leaving its 20% Top-Up up to $5,000 — the same cap as XM’s 50%+20% program. HFM still runs the Trophy Road loyalty program with rewards up to $500,000. XM counters with a verified $50 NDB and the XM Traders Club loyalty scheme. HFM matches XM’s regulation profile with FSCA, FCA, and CySEC licenses.
Quick verdict: HFM for maximum deposit bonus size and loyalty rewards. XM for a simpler, more transparent bonus structure. Read the full analysis at XM vs HFM.
Exness vs HFM
This comparison pits the spread-focused broker (Exness) against the bonus-focused broker (HFM). Exness publicly states it does not offer bonuses, though T&C documents suggest selective deployment through offshore entities. HFM offers one of the most extensive bonus suites in the industry. On regulation, both hold FCA and CySEC licenses, making this a strong pairing regardless of direction.
Quick verdict: Exness if you prioritize execution and spreads over promotional offers. HFM if deposit bonuses and loyalty programs are central to your trading plan. Read the full analysis at Exness vs HFM.
More Head-to-Head Comparisons
We publish detailed head-to-head comparison pages for additional broker pairings popular with our readers:
- XM vs JustMarkets — Bonus tiers, NDB terms, and emerging-market availability compared
- XM vs OctaFX — Two Southeast Asian favorites on bonuses, spreads, and copy trading
- XM vs Tickmill — Bonus-focused XM against spread-focused Tickmill
- HFM vs FBS — Africa’s top two bonus brokers on regulation, deposit bonuses, and cashback
- Exness vs FBS — Execution-first Exness versus bonus-first FBS
- Exness vs XM vs HFM — Three-way comparison of the most popular emerging-market brokers
Compare Forex Bonuses by Country
Bonus availability varies significantly by country due to local regulation and broker entity structure. Each country hub below provides localized broker rankings, available payment methods, and which bonus offers are confirmed for that jurisdiction.
| Country | Top Brokers for Bonuses | Key Consideration | Country Guide |
|---|---|---|---|
| Nigeria | XM, HFM, FBS | Bank transfer and Paystack deposits; verify broker FSCA or offshore entity. JustMarkets’ NDB excludes Nigeria and all its bonuses are unverified as of Aug 2026 | Nigeria guide |
| South Africa | XM, Exness, HFM, Vantage | FSCA-regulated entities preferred; ZAR accounts available at some brokers | South Africa guide |
| India | XM, Exness | UPI deposits; verify bonus availability under broker’s India-serving entity. OctaFX is unconfirmed: Octa’s own website lists India among the countries whose residents it does not serve (19 Oct 2026) | India guide |
| Indonesia | XM, OctaFX, FXGT | Local bank transfer deposits; Bappebti registration status varies; FBS’s deposit bonus does not have Indonesia on its eligible list in our Matrix (source unconfirmed) | Indonesia guide |
| Malaysia | XM, OctaFX, Exness | FPX deposits; note that Windsor Brokers excludes Malaysia from bonuses | Malaysia guide |
| Philippines | XM, FBS | GCash deposits; strong mobile-first trading preference. OctaFX is unconfirmed: Octa’s own website lists the Philippines among the countries whose residents it does not serve (19 Oct 2026). JustMarkets’ bonuses are unverified as of Aug 2026 | Philippines guide |
| Pakistan | XM, LiteFinance, Vantage | Easypaisa deposits; smaller broker selection with verified bonus access. Vantage offers no deposit bonus here: its eligibility checker returned an error page for Pakistan (19 Oct 2026). JustMarkets’ bonuses are unverified as of Aug 2026 and Windsor’s NDB excludes Pakistan | Pakistan guide |
| Bangladesh | XM, FBS | bKash deposits; limited broker options with confirmed bonus availability. JustMarkets’ bonuses are unverified as of Aug 2026 | Bangladesh guide |
Country-specific exclusions to watch: Tickmill’s NDB excludes Nigeria, South Africa, India, Indonesia, Pakistan, and Bangladesh. Octa’s own website lists India, Pakistan and the Philippines among the countries whose residents it does not serve (checked 19 October 2026), so its 50% deposit bonus is unconfirmed there. AvaTrade’s deposit bonus excludes India, Indonesia, Malaysia, Pakistan, Bangladesh, and Thailand. Windsor’s NDB excludes 57 countries including Nigeria, South Africa, India, Indonesia, the Philippines, Pakistan, and Bangladesh (Vantage’s former NDB, which carried similar exclusions, expired in 2026). JustMarkets’ NDB excludes Nigeria and South Africa — and as of August 18, 2026 that offer, along with all three JustMarkets deposit tiers, is no longer published on the broker’s site, so we could not verify any of them is running. Always check the excluded countries list before claiming any offer.
Our Review and Comparison Methodology
Every comparison on this page follows the methodology published at review methodology and explained in detail at how we review brokers. The key principles:
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Data from the source. All bonus figures come from our Broker & Bonus Matrix, which tracks official broker T&C documents, promotion pages, and PDF terms. Where we could not access the broker’s own page (several returned HTTP 403 during our June 2026 research cycle), we cross-reference at least two independent third-party sources and flag the value accordingly.
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No invented figures. All bonus amounts, lot requirements, profit caps, and time limits have been verified against the Broker & Bonus Matrix as of June 2026. Where broker terms pages were inaccessible, values were cross-referenced against at least two independent sources. This protects you from acting on inaccurate information.
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Weighted scoring. Our broker scores (ranging from 6.5 to 9.0 across the matrix) weight regulation (30%), trading conditions (25%), bonus transparency (20%), withdrawal experience (15%), and platform quality (10%).
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Regular verification. All figures on this page were last verified in June 2026. We re-check the full matrix quarterly and update individual broker records when terms change between cycles. Check the bonus tracker for the most recent updates.
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Independence. Commission relationships with brokers never influence scores, rankings, or the inclusion/exclusion of any broker. Our affiliate disclosure explains how we earn revenue.
Find Your Bonus Match
The comparison tables above cover the broadest view. For a personalized recommendation based on your deposit size, preferred bonus type, country, and experience level, use the Bonus Finder tool. It filters the full Broker Matrix against your criteria and returns only the offers you are eligible for. You can also use our Bonus Comparison tool to select 2—3 specific brokers and compare their bonus offers side by side in detail. If you would rather scan the whole field in one place, our directory of forex brokers with bonuses lists every vetted broker and the offers attached to it, and the 2026 forex bonus list tracks what is currently live.
You can also explore bonuses by type:
- No-Deposit Bonuses — trade with broker capital, no deposit required
- Deposit Bonuses — percentage match on your funded amount
- Welcome Bonuses — first-time client offers combining NDB and deposit perks
- Cashback and Rebates — ongoing returns on your trading costs
- Forex Bonus Guide — the complete beginner’s introduction to all bonus types
- Crypto Deposit Brokers — brokers that accept Bitcoin, USDT, and other crypto deposits
Frequently Asked Questions
How do I compare forex bonuses fairly?
Compare forex bonuses by looking beyond the headline percentage. The three factors that determine actual value are the volume requirement (how many lots you must trade), the time limit (how long you have to meet that requirement), and the profit cap (whether your earnings are capped). A 300% bonus that needs 350 lots to convert a $1,000 bonus — even with no deadline — is a very different proposition from a 50% bonus with achievable volume in 90 days. Use our turnover calculator to model specific scenarios.
Which forex broker has the best bonus for beginners?
XM is the best forex broker with a bonus for beginners in 2026. It combines a $50 no-deposit bonus (so you can test the platform without financial risk), a $5 minimum deposit, CySEC and ASIC regulation, and the XM Traders Club loyalty program. The no-deposit bonus has no stated profit cap, making it more valuable in practice than higher-amount NDBs with strict caps. See our beginners guide for the full analysis.
Are forex bonuses available in my country?
Forex bonuses are banned in the EU, UK, Australia, and the US. They are available in most emerging-market countries including Nigeria, South Africa, India, Indonesia, Malaysia, the Philippines, Pakistan, and Bangladesh — but individual broker exclusions vary significantly. For example, Tickmill’s NDB excludes Nigeria, India, and several other key markets. Always check the broker’s terms for your specific country. Our country guides provide localized availability details.
What is the difference between a no-deposit bonus and a deposit bonus?
A no-deposit bonus gives you trading credit without requiring a deposit — you trade with the broker’s money. A deposit bonus adds a percentage on top of your own funded amount. No-deposit bonuses are smaller (typically $30-$100) with stricter conditions, while deposit bonuses can reach thousands of dollars but require your own capital at risk. Read the complete comparison at deposit bonus vs no-deposit bonus.
Can I claim bonuses from multiple brokers at the same time?
Yes. There is no rule preventing you from holding accounts at multiple brokers and claiming their respective bonuses. Many traders open accounts at two or three brokers to test platforms using NDBs before committing capital. However, each bonus has its own terms — managing multiple volume requirements and time limits simultaneously can become complex. Focus on one or two brokers that fit your actual trading style rather than collecting bonuses you cannot realistically convert.
Last verified: June 2026. All data sourced from the forex-bonus.com Broker & Bonus Matrix. Bonus terms change frequently — always confirm current availability directly with the broker before signing up. Trading forex and CFDs carries significant risk. Most retail traders lose money.