Finding forex brokers with bonuses that are actually trustworthy is harder than it looks. Most broker directory sites list dozens of names without checking whether the offers are still live, what the withdrawal conditions are, or which countries are actually eligible. This directory is different. We currently track 17 brokers across six bonus types, and every entry is sourced from official terms and conditions or marked where verification is still pending. Verified June 2026.
Our team reviews each broker against a 12-point vetting standard that covers regulation, fund safety, trading conditions, and bonus fairness. The ratings below are editorial scores from 1 to 10, not paid placements. Brokers that score below 6.0 are not listed. For the full scoring framework, read our review methodology.
Affiliate disclosure: forex-bonus.com may earn a commission if you open an account through links on this page. This never influences our ratings or the order brokers appear. Full disclosure. Trading forex and CFDs carries significant risk — most retail traders lose money. Bonuses discussed on this page are not available in the EU, UK, Australia, or the United States due to regulatory restrictions.
Complete Forex Broker Directory: All 17 Reviewed Brokers
The table below summarizes every broker we currently review. Click a broker name to read the full independent review. Use our Bonus Finder to filter by bonus type, country, or minimum deposit.
| Broker | Rating | Regulation (Primary) | Min. Deposit | Bonus Types Available | Founded | Review |
|---|---|---|---|---|---|---|
| Exness | 9.0/10 | CySEC, FCA, FSA Seychelles | $10 | Deposit (selective), Loyalty | 2008 | Full Review |
| XM | 8.5/10 | CySEC, IFSC Belize, DFSA | $5 | NDB, Deposit, Loyalty, Referral | 2009 | Full Review |
| AvaTrade | 8.5/10 | CBI Ireland, ASIC, JFSA, FSCA | $100 | Deposit, Referral | 2006 | Full Review |
| HFM | 8.5/10 | FSCA, FCA, CySEC, FSA Seychelles | $5 | NDB, Deposit, Loyalty | 2010 | Full Review |
| FP Markets | 8.5/10 | ASIC, CySEC, FSCA, FSA Seychelles | $100 | Referral (limited promos) | 2005 | Full Review |
| Vantage | 8.0/10 | ASIC, FCA, VFSC, FSCA | $50 | Deposit, Loyalty (V-Points) | 2009 | Full Review |
| Tickmill | 8.0/10 | FCA, CySEC, FSA Seychelles, FSCA | $100 | NDB, Deposit, Contests | 2014 | Full Review |
| FBS | 7.5/10 | CySEC, FSC Belize, ASIC, FSCA | $5 | NDB, Deposit, Cashback | 2009 | Full Review |
| JustMarkets | 7.5/10 | CySEC, FSA Seychelles, FSCA | $10 | NDB, Deposit (up to 120%), Cashback | 2012 | Full Review |
| Windsor Brokers | 7.5/10 | FSA Seychelles, JSC Jordan, CMA Kenya | $1 | NDB, Deposit, Loyalty | 1988 | Full Review |
| OctaFX (Octa) | 7.5/10 | CySEC, MISA | $25 | Deposit, Loyalty (Status Tiers) | 2011 | Full Review |
| RoboForex | 7.0/10 | FSC Belize | $10 | Welcome, Deposit, Cashback, Interest | 2009 | Full Review |
| FXGT | 7.0/10 | FSA Seychelles, CySEC, VFSC, FSCA | $5 | NDB, Welcome, Milestone, Loyalty, Cashback | 2019 | Full Review |
| LiteFinance | 7.0/10 | CySEC, FSC Mauritius | $10 | NDB, Deposit (multiple promos), Contests | 2005 | Full Review |
| Traders Trust | 7.0/10 | FSA Seychelles | $50 | NDB, Deposit | 2009 | Full Review |
| InstaForex | 6.5/10 | BVI FSC | $1 | NDB, Deposit (30% + 100%), Loyalty, Contests | 2007 | Full Review |
| FreshForex | 6.5/10 | SVGFSA | $10 | NDB, Deposit (up to 300%), Cashback | 2004 | Full Review |
Ratings are our independent editorial scores as of June 2026. They reflect regulation, fund safety, trading conditions, and bonus fairness. See our review methodology for the full scoring criteria.
Tier 1 Brokers: Rated 8.0 and Above
These brokers scored 8.0/10 or higher in our assessment. They hold multiple Tier-1 regulatory licenses (FCA, CySEC, ASIC, or equivalent), maintain segregated client funds, and offer transparent trading conditions alongside their bonus programs. If you are choosing a broker primarily for its bonus offer, these are the safest options.
Exness — 9.0/10
Exness holds more regulatory licenses than nearly any other broker on this list: CySEC (Cyprus), FCA (UK), FSA (Seychelles), FSCA (South Africa), CMA (Kenya), FSC (Mauritius), and several others across 11 jurisdictions. Founded in 2008, it processes some of the highest trading volumes in the industry.
Exness takes an unusual position on bonuses. Its help center states that the company does not offer bonus programs as a matter of policy. However, official bonus terms and conditions PDFs exist for its Seychelles (SC) and BVI (VG) entities, suggesting selective deployment may occur in non-EU jurisdictions. What Exness does offer is a Premier Program (Exness Rewards) with three loyalty tiers — Preferred, Elite, and Signature — returning up to 50% of trading costs as cashback through Exness Dollars (EXD).
Minimum deposit is $10 for Standard accounts. Platforms include MT4, MT5, Exness Terminal, and a proprietary mobile app. Best suited for experienced traders who prioritize execution quality and regulation over promotional incentives.
Read the full Exness review | Exness minimum deposit details | Exness withdrawal guide
XM — 8.5/10
XM is one of the most-searched forex brokers globally and one of the strongest bonus providers for emerging-market traders. Regulated by CySEC, IFSC (Belize), DFSA (Dubai), and FSCA (South Africa), XM has operated since 2009 and offers bonuses primarily through its offshore entities (XM Global and XM Mauritius).
XM runs a $30 no deposit bonus for new clients, a deposit bonus program (50% up to $500 on first deposit plus 20% up to $4,500 on subsequent deposits), and an XM Points loyalty program with four tiers. The $30 NDB requires 0.1 standard lots (10 micro lots) and at least 5 round-turn trades, with no stated profit cap. It must be claimed within 30 days of opening a live account. Bonuses are not available under XM’s CySEC, ASIC, or DFSA entities.
Minimum deposit starts at $5 on Micro and Standard accounts. Platforms include MT4, MT5, and XM WebTrader.
Read the full XM review | XM minimum deposit guide | XM bonus for Nigeria | XM spreads analysis
AvaTrade — 8.5/10
AvaTrade is one of the most heavily regulated brokers in the industry, holding licenses from the Central Bank of Ireland, ASIC, JFSA (Japan), FSCA, BVI FSC, and ADGM (Abu Dhabi) among others. Founded in 2006, it offers a broad platform range including MT4, MT5, AvaTradeGO, AvaOptions, and AvaSocial for copy trading.
AvaTrade’s bonus program is region-dependent and targeted exclusively at non-EU, non-regulated-market clients. Deposit bonuses and refer-a-friend rewards are available through its offshore entities. All promotions are subject to change or cancellation at any time, so always confirm current terms before depositing.
Minimum deposit is $100. AvaTrade is a strong choice for traders who value platform variety and want multi-jurisdiction regulatory coverage alongside a bonus.
HFM (HotForex) — 8.5/10
HFM is one of the most popular forex brokers in Africa, regulated by FSCA (South Africa), FCA (UK), CySEC, DFSA (Dubai), FSA (Seychelles), and CMA (Kenya). Founded in 2010, it runs an extensive suite of promotions through its offshore entities — HF Markets SV Ltd (Seychelles) and HF Markets KE (Kenya).
Bonus availability at HFM varies by entity and region. All offers are restricted from EU, UK, AU, and US residents. Bonuses are not available under the CySEC, FCA, or DFSA-regulated entities. Specific current bonus amounts require direct verification with HFM, as their promotions page blocked automated access during our last check.
Minimum deposit is $5. Platforms include MT4, MT5, and the HFM App. HFM is particularly well-suited for African traders thanks to FSCA regulation, local payment support, and region-specific promotions.
Read the full HFM review | Best forex broker Nigeria
FP Markets — 8.5/10
FP Markets holds ASIC (Australia), CySEC (Cyprus), FSCA (South Africa), FSA (Seychelles), CMA (Kenya), FSC (Mauritius), and SCB (Bahamas) licenses — one of the broadest regulatory footprints in this directory. Founded in 2005, it is known primarily for raw-spread ECN pricing rather than promotional bonuses.
Due to its heavy regulation under ASIC and CySEC, FP Markets does not offer traditional deposit or welcome bonuses to clients in regulated jurisdictions. The only publicly indexed promotion as of June 2026 is a Refer-a-Friend program. Region-specific bonuses may exist through its offshore entities (FSA Seychelles, SCB) but are not publicly documented.
Minimum deposit is $100 AUD or equivalent. Platforms include MT4, MT5, and cTrader. FP Markets is best for traders who prioritize tight spreads and strong regulation over bonus incentives.
Read the full FP Markets review | Best forex broker low spread
Vantage — 8.0/10
Vantage is regulated by ASIC, FCA, VFSC (Vanuatu), CIMA (Cayman Islands), and FSCA. Founded in 2009, it runs multiple concurrent deposit bonus tiers that vary by region, alongside a V-Points loyalty program.
Bonuses at Vantage are not available in the EU, UK, Australia, US, or Japan. Deposits start at $50 for Standard STP and RAW ECN accounts. Platforms include MT4, MT5, TradingView, the Vantage App, and ProTrader.
Vantage has won multiple awards for its partner program, offering CPA tiers up to $1,200 for tier-1 traffic — a signal of serious institutional investment in growth. The V-Points loyalty system offers ongoing rewards for active trading.
Tickmill — 8.0/10
Tickmill holds FCA, CySEC, FSA (Seychelles), and FSCA licenses. Founded in 2014, it is known for low-spread ECN-style execution and a well-structured bonus program.
Tickmill offers a $30 no deposit bonus (Welcome Account), a deposit bonus of up to 20% (max $1,000), monthly Trader of the Month contests ($1,000 prize), NFP Machine prediction contests (up to $500), and free TradingView subscriptions tied to monthly trading volume. However, the Welcome Account has an extensive excluded countries list that removes many emerging markets — including Nigeria, South Africa, India, Indonesia, Pakistan, and Bangladesh — severely limiting its relevance for our core audience.
Minimum deposit is $100. Platforms include MT4, MT5, TradingView, and Tickmill Trader (proprietary mobile app).
Read the full Tickmill review | Bonus calculator
Tier 2 Brokers: Rated 7.0 to 7.9
These brokers offer competitive bonus programs and acceptable trading conditions, but carry more regulatory risk than Tier 1. Most hold offshore licenses (Belize, Seychelles, SVG) alongside one or two recognized regulators. Due diligence is important.
FBS — 7.5/10
FBS is licensed by CySEC, FSC Belize, ASIC, and FSCA. Founded in 2009, it claims 27+ million clients across 150+ countries. FBS runs a tiered deposit bonus: 100% on first deposit, then 10% to 60% on subsequent deposits depending on amount (up to $10,000 per deposit, $25,000 total cap). This is one of the most generous deposit bonus structures available.
FBS previously offered a $100 Quick Start no deposit bonus and a Level Up bonus ($70-$140), but the company has publicly stated on its blog that it no longer offers welcome bonuses as a deliberate policy choice. The NDB listings for FBS should be treated as historical.
Minimum deposit is $5. Platforms include MT4, MT5, and the proprietary FBS app. Available in select emerging markets including Nigeria, South Africa, Malaysia, Philippines, Kenya, and Brazil.
Read the full FBS review | Best forex deposit bonuses
JustMarkets — 7.5/10
JustMarkets holds CySEC, FSA Seychelles, FSCA, and FSC Mauritius licenses. Founded in 2012, it runs one of the most aggressive tiered deposit bonus systems: 50% on deposits from $10, 100% on deposits from $100, and 120% on deposits from $500. Maximum combined bonus across all tiers is $40,000. Volume requirement is bonus amount divided by 2 in standard lots, with a 30-day (or 90-day for the 100% tier) completion window.
JustMarkets also offers a $30 no deposit bonus, but it comes with significant restrictions: $30 profit cap, max 0.01 lot per position, max 5 concurrent positions, and key markets like Nigeria and South Africa are excluded from eligibility.
Minimum deposit is $10. Platforms include MT4 and MT5. JustMarkets is popular with beginners for its low entry threshold and high bonus percentages, though the volume requirements for the 120% tier are demanding.
Read the full JustMarkets review | Best 100% deposit bonus offers
Windsor Brokers — 7.5/10
Windsor Brokers has been operating since 1988, making it the oldest broker in this directory. Regulated by FSA Seychelles, JSC Jordan, CMA Kenya, and FSC British Virgin Islands, it offers a $30 no deposit bonus, a 20% deposit bonus (up to $10,000 cumulative), and a three-tier loyalty program (Gold, Platinum, Diamond).
The Windsor NDB requires at least 1 closed lot and 20 completed trades, with a minimum $60 profit threshold before any withdrawal. The account is valid for 6 months but auto-terminates after 30 days of inactivity. The deposit bonus requires a minimum $500 deposit per transaction and is removed entirely upon any withdrawal request.
Windsor does not serve clients in the US, Malaysia, EU, UK, Cuba, Iran, Myanmar, Ukraine, Russia, or North Korea. The 85.29% retail loss rate should be noted.
Minimum deposit is $1 (Cent Account). Platforms include MT4, MT5, and a mobile app.
Read the full Windsor Brokers review | No deposit bonus guide
OctaFX (Octa) — 7.5/10
OctaFX, now rebranded as “Octa,” holds CySEC and MISA (Mwali) regulation. Founded in 2011, it is especially dominant in Southeast Asia — Indonesia, Malaysia, and the Philippines. The primary website is now octabroker.com after TLS issues with the old octafx.com domain.
Octa does not currently offer a no deposit bonus. Its promotion suite centers on a 50% deposit bonus (minimum $50 deposit to qualify), a Trade and Win loyalty program, a referral program, and a four-tier Status system (Bronze, Silver, Gold, Platinum). The broker also runs a popular copy trading platform.
Minimum deposit is $25. Platforms include MT4, MT5, and the proprietary OctaTrader.
Read the full OctaFX review | Who is eligible for a forex bonus?
FXOpen — 7.0/10
FXOpen holds FCA (UK) and ASIC (Australia) licenses alongside offshore regulation through St. Kitts and Nevis. Founded in 2005, it has a long track record as an ECN-style broker. FXOpen is primarily known for competitive ECN spreads and commission-based pricing rather than aggressive bonus programs.
Bonus availability at FXOpen varies by entity. Promotions are primarily offered through offshore entities, not the FCA or ASIC-regulated arms. Check the broker’s current promotions page for active offers.
Minimum deposit varies by account type. Platforms include MT4, MT5, and the TickTrader proprietary platform.
RoboForex — 7.0/10
RoboForex holds FSC Belize regulation and is a member of The Financial Commission’s compensation fund. Founded in 2009, it offers one of the widest bonus suites of any broker in this directory: a $30 welcome bonus, deposit bonuses up to 120% (max $50,000), a Profit Share bonus (up to 60%), cashback rebates (up to 10% of commissions), and up to 10% annual interest on account balance.
The welcome bonus requires a $10 minimum bank card deposit and full identity verification. The cashback program is particularly notable because rebate payments are fully withdrawable cash — not bonus credit — with monthly payouts for traders exceeding 10 lots per month. The interest-on-balance program pays 2.5% to 10% annually depending on monthly lot volume.
RoboForex is offshore-regulated only. Its risk disclaimer states 75.85% of retail accounts lose money. Minimum deposit is $10.
Read the full RoboForex review | Cashback forex programs
FXGT — 7.0/10
FXGT holds FSA Seychelles, CySEC (institutional only), VFSC Vanuatu, and FSCA licenses. Launched in 2019, it is the newest broker in this directory and positions itself as a crypto-forex hybrid.
In March 2026, FXGT launched a restructured bonus program built around “QGTLots” (Qualified GTLots — trades held for 5+ minutes). The system includes a no deposit bonus ($30, though some regions may receive $50), a 50% welcome bonus on first deposit, a 30% Milestone Bonus (unlocked after 3 QGTLots), tiered loyalty bonuses (25% on deposits, up to $10,000 cap), and a 50% rebate bonus on spread costs. Total lifetime bonus cap across all programs is $20,000.
The NDB has a notable restriction: profits are only withdrawable when they exceed $300. Minimum deposit starts at $5 depending on account type and payment method.
Read the full FXGT review | What is a no deposit bonus?
LiteFinance — 7.0/10
LiteFinance holds CySEC and FSC Mauritius licenses, plus a St. Vincent registration. Founded in 2005, it operates a promo-code-based bonus system with frequently rotating offers that vary by region and have distinct expiration dates.
As of June 2026, active promotions include a $50 no deposit bonus (promo code: Welcome), a 100% deposit bonus up to $10,000 (code: SANWALA — expiring June 14, 2026), a 60% deposit bonus up to $10,000 (code: LIKE), a 30%/15% tiered deposit bonus (code: NonStopBonus — expiring June 18, 2026), and a Trade Smart Challenge with up to $50,000 in prizes.
The promo-code system means offers change frequently. Always check current availability on the broker’s promotions page before depositing. CySEC entity clients likely cannot access bonuses due to ESMA restrictions; the bonus programs operate through the SVG and Mauritius entities.
Minimum deposit is $10 (CENT account). Platforms include MT4, MT5, cTrader, and the LiteFinance web platform.
Read the full LiteFinance review | How to claim a deposit bonus
Traders Trust — 7.0/10
Traders Trust is regulated by FSA Seychelles (SD141). It previously held CySEC license 107/09, but as of June 2026, this license is under examination for voluntary renunciation — meaning the company is surrendering its EU authorization. The primary operating entity is now the Seychelles one.
Traders Trust offers a $200 no deposit bonus — the highest NDB amount in this directory — requiring 10 standard lots within 30 calendar days. However, profit is capped at $200, and the NDB may operate as a monthly raffle (10 winners selected) rather than being universally available. No hedging, scalping, or EA/robot trading is permitted on NDB accounts.
The broker operates on MT4 only (MT5 is not offered). Minimum deposit is $50 for Classic accounts, $500 for Pro, and $5,000 for VIP.
Read the full Traders Trust review | Best no deposit bonuses
Lower-Rated Brokers: Below 7.0
These brokers score below 7.0 due to limited regulatory oversight, unverifiable data, or terms that disadvantage traders. They are included because they offer active bonus programs that rank in search results, and traders deserve honest assessments rather than silence. Proceed with extra caution.
InstaForex — 6.5/10
InstaForex holds only BVI FSC regulation — a single offshore license. Founded in 2007, it has built a long-running brand around aggressive bonus offers. InstaForex advertises a StartUp no deposit bonus of up to $3,500, but the exact amount varies inconsistently across their own pages ($1,000, $3,500, or $5,000 depending on the URL), which is a transparency concern. The account converts to demo status if no real deposit is made within 7 days.
InstaForex offers two ongoing deposit bonuses: a 30% Welcome Bonus on every deposit (unlimited cap, confirmed from broker page) and a 100% bonus on deposits up to $2,000. It also runs a Club loyalty program (1-10% on deposits) and a monthly Chancy Deposit contest with a $50,000 prize pool.
A critical detail: InstaForex uses its own lot system where 1 market lot equals 10 InstaForex lots. Volume requirements calculated in “InstaForex lots” are therefore 10x less demanding than they appear. This is disclosed in their terms but can be confusing.
Minimum deposit is $1. Platforms include MT4, MT5, and a mobile app.
Read the full InstaForex review | Are forex bonuses legit?
FreshForex — 6.5/10
FreshForex is registered under the SVGFSA (St. Vincent and the Grenadines) — a jurisdiction that is not recognized as a major financial regulator. Founded in 2004, it offers some of the highest leverage (up to 1:2000) and most aggressive bonus figures in the industry.
FreshForex advertises a $50 NDB, a $5 cent-account NDB, a 300% deposit bonus (on deposits of $100+, up to $5,000 active), a 101% drawdown bonus, and a Mega Rebate cashback program (up to $20 per lot). However, multiple offers had expiration dates that have likely passed by June 2026, and the broker’s website returned HTTP 403 on all automated access attempts during our verification cycle. All FreshForex data is sourced from third-party references rather than direct broker verification.
The 300% deposit bonus requires completing 35% of the bonus amount in closed lots within 180 days — for a $3,000 bonus on a $1,000 deposit, that means 1,050 lots, which is extremely demanding.
Minimum deposit is $10. Platforms include MT4, MT5, and MT5 WebTrader.
Read the full FreshForex review | Forex bonus scams guide
Brokers by Bonus Type
Different traders need different bonus types. The table below maps each broker to the specific bonus categories they offer. For a detailed explanation of each type, read our complete forex bonus guide.
No Deposit Bonus Providers
No deposit bonuses let you trade with broker-funded credit before depositing your own money. They are the safest way to test a broker’s execution. Read the full no deposit bonus guide.
| Broker | NDB Amount | Profit Cap | Key Restriction |
|---|---|---|---|
| XM | $30 | No cap stated | Must claim within 30 days; no EAs |
| JustMarkets | $30 | $30 max | Nigeria and South Africa excluded |
| Tickmill | $30 | $100 max | Most emerging markets excluded |
| Windsor | $30 | No cap; min $60 to withdraw | 1 lot + 20 trades required |
| FXGT | $30 | Withdrawable only above $300 profit | 3 QGTLots + 8 closed trades |
| RoboForex | $30 | No explicit cap stated | $10 card deposit required |
| LiteFinance | $50 | Check broker terms for current cap | Real deposit needed before withdrawal |
| FreshForex | $50 | Check broker website for current details | Likely expired (May 2026) |
| FBS | $100 (historical) | N/A (discontinued) | FBS no longer offers NDB per blog post |
| Traders Trust | $200 | $200 max | May be raffle format; no EAs |
| InstaForex | Up to $3,500 | Varies by region; check broker terms | Converts to demo after 7 days |
For step-by-step claiming instructions, see How to claim a no deposit bonus.
Deposit Bonus Providers
Deposit bonuses match a percentage of your funded amount as trading credit. They increase your margin but carry volume requirements before profits become withdrawable. Read the full deposit bonus guide.
| Broker | Best Deposit Bonus | Max Bonus | Volume Requirement |
|---|---|---|---|
| FreshForex | 300% | $5,000 active | 35% of bonus in lots / 180 days |
| JustMarkets | 120% | $40,000 combined | Bonus / 2 in lots / 30 days |
| RoboForex | 120% | $50,000 | Bonus / 1 in lots (Classic); varies by type |
| LiteFinance | 100% (code: SANWALA) | $10,000 | No explicit volume req. |
| FBS | 100% (first deposit) | $25,000 total | Non-withdrawable credit |
| InstaForex | 100% | $2,000 | Bonus / 3 in InstaForex lots (= / 30 standard lots) |
| XM | 50% + 20% tiers | $5,000 total | Non-withdrawable credit; removed on withdrawal |
| FXGT | 50% (welcome) | $500 | 3 QGTLots (trades held 5+ min) required |
| OctaFX | 50% | Check broker website for current cap | Min $50 deposit |
| Windsor | 20% | $10,000 cumulative | Min $500 per deposit |
| Tickmill | Up to 20% | $1,000 | 1 lot per $3 bonus |
| AvaTrade | Region-dependent | Varies by region and entity | Check broker website for current terms |
| Vantage | Region-dependent | Varies by region and entity | Check broker website for current terms |
Use our Bonus Calculator to model your expected bonus and our Turnover Calculator to estimate how many lots you need to trade.
Cashback and Loyalty Providers
Cashback and loyalty programs reward ongoing trading activity rather than one-time deposits. These are often the most valuable long-term incentives. See our cashback forex guide.
| Broker | Program Type | Reward | Payout |
|---|---|---|---|
| RoboForex | Cashback + Interest | Up to 10% commission rebate + 10% annual interest | Monthly (fully withdrawable cash) |
| Exness | Loyalty (Premier) | Up to 50% trading costs as EXD | Ongoing (tiered) |
| XM | Loyalty (XMP) | 7-16 XMP per lot (redeemable at XMP/3 USD) | Ongoing (four tiers) |
| Windsor | Loyalty | Up to 2% annual interest + loyalty points | Monthly |
| OctaFX | Status Tiers | Bronze through Platinum rewards | Ongoing |
| JustMarkets | Cashback | 10% of spreads/commissions | Next-day payout |
| FXGT | Rebate | 50% of spread cost per trade | Per-trade |
| FreshForex | Cashback (Mega Rebate) | Up to $20 per lot | Weekly |
| InstaForex | Club Loyalty | 1-10% per deposit | Ongoing |
Brokers by Country: Which Accept Traders from Your Region
Forex bonuses are banned for retail clients in the EU, UK, Australia, and United States. The audience for bonus offers is concentrated in emerging markets. Below is a summary of which brokers accept traders from the most-searched countries. For full country-specific guides with local payment methods, regulation details, and eligible offers, visit our country hubs.
Africa
| Broker | Nigeria | South Africa | Kenya | Ghana |
|---|---|---|---|---|
| XM | Yes | Yes | Yes | Yes |
| Exness | Yes | Yes | Yes | Yes |
| HFM | Yes | Yes (FSCA regulated) | Yes (CMA regulated) | Yes |
| FBS | Yes | Yes | Yes | Yes |
| JustMarkets | NDB excluded | NDB excluded | Yes | Yes |
| Windsor | Yes | Yes | Yes | Yes |
| FXGT | Yes | Yes | Yes | Yes |
| LiteFinance | Yes | Yes | Yes | Yes |
| Tickmill | NDB excluded | NDB excluded | Yes (deposit bonus only) | NDB excluded |
Nigeria forex bonus guide | South Africa forex bonus guide
South Asia
| Broker | India | Pakistan | Bangladesh |
|---|---|---|---|
| XM | Yes | Yes | Yes |
| Exness | Yes | Yes | Yes |
| HFM | Yes | Yes | Yes |
| FBS | Yes | Yes | Yes |
| OctaFX | Yes | Yes | Yes |
| FXGT | Yes | Yes | Yes |
| Tickmill | NDB excluded | NDB excluded | NDB excluded |
India forex bonus guide | Pakistan forex bonus guide | Bangladesh forex bonus guide
Southeast Asia
| Broker | Indonesia | Malaysia | Philippines |
|---|---|---|---|
| XM | Yes | Yes | Yes |
| Exness | Yes | Yes | Yes |
| OctaFX | Yes | Yes | Yes |
| FBS | Yes | Yes | Yes |
| JustMarkets | Yes | Yes | Yes |
| FXGT | Yes | Yes | Yes |
| Windsor | Yes | Excluded | Yes |
Indonesia forex bonus guide | Malaysia forex bonus guide | Philippines forex bonus guide
Country eligibility data reflects the broker’s published terms as of June 2026. Availability may change without notice. Always verify directly with the broker before opening an account.
Brokers by Trading Platform
The platform you trade on affects your execution speed, available tools, and which bonus offers apply. Some bonuses are restricted to specific platforms (for example, the RoboForex welcome bonus is MT4/MT5 only on Pro and ProCent accounts, and Traders Trust operates exclusively on MT4).
| Platform | Available At |
|---|---|
| MetaTrader 4 | XM, Exness, FBS, InstaForex, RoboForex, JustMarkets, Tickmill, Windsor, FreshForex, FXGT, LiteFinance, Traders Trust, AvaTrade, Vantage, FP Markets, HFM, OctaFX |
| MetaTrader 5 | XM, Exness, FBS, InstaForex, RoboForex, JustMarkets, Tickmill, Windsor, FreshForex, FXGT, LiteFinance, AvaTrade, Vantage, FP Markets, HFM, OctaFX |
| cTrader | FP Markets, LiteFinance |
| TradingView | Tickmill, Vantage |
| Proprietary platforms | Exness (Exness Terminal), FBS (FBS App), AvaTrade (AvaTradeGO, AvaOptions, AvaSocial), OctaFX (OctaTrader), RoboForex (R StocksTrader), Vantage (Vantage App, ProTrader), HFM (HFM App), LiteFinance (LiteFinance Web Platform), Tickmill (Tickmill Trader) |
Note: Traders Trust operates on MT4 only. MT5 is not available. If you require MT5, choose a different broker.
How We Vet Brokers: Our 12-Point Assessment
Every broker in this directory passes our standardized vetting process before receiving a rating. We do not accept payment for higher scores, and we do not list brokers that fail our minimum standards. The process covers:
- Regulatory licenses — verified against regulator databases (FCA Register, CySEC FIRMS, ASIC Connect)
- Fund segregation — whether client funds are held separately from company operating funds
- Financial transparency — public financial statements, audits, compensation scheme membership
- Trading conditions — spreads, commissions, execution model (STP, ECN, market maker)
- Bonus fairness — volume requirements, time limits, withdrawal restrictions, profit caps
- Platform reliability — uptime, execution speed, slippage during news events
- Deposit and withdrawal — processing times, fees, local payment method support
- Customer support — response times, language support, available channels
- Educational resources — quality and depth of trading education
- Mobile experience — app quality, feature parity with desktop
- Negative balance protection — whether the broker guarantees you cannot lose more than your deposit
- Track record — years of operation, regulatory actions, known disputes
Brokers scoring below 6.0 are excluded from this directory entirely. Those scoring 6.0-6.9 are listed with explicit warnings about their limitations. For the full methodology, including how we weight each factor, read our Review Methodology page.
We also publish honest assessments when a broker has concerning patterns. For example, InstaForex and FreshForex both score 6.5 primarily because they operate under single offshore licenses (BVI FSC and SVGFSA respectively), which provide minimal investor protection compared to FCA, CySEC, or ASIC regulation.
Read our full review methodology | How we review brokers
Understanding Bonus Types: A Quick Reference
Before choosing a broker based on its bonus, make sure you understand what each type actually gives you. Our forex bonus guide covers each type in depth. Here is the summary:
- No Deposit Bonus (NDB): Free trading credit without depositing. Best for testing a broker. Usually $30-$200 with strict volume requirements and profit caps. Full NDB guide
- Deposit Bonus: Matches a percentage of your deposit as extra trading credit. Ranges from 20% to 300%. Non-withdrawable until volume requirements are met. Full deposit bonus guide
- Welcome Bonus: First-deposit bonus specifically for new clients. Functionally similar to a deposit bonus but one-time only. Welcome bonus explained
- Cashback / Rebate: Returns a portion of trading costs (spread or commission) per lot traded. Usually fully withdrawable cash, not bonus credit. Cashback guide
- Loyalty Program: Ongoing rewards (points, tiers, interest) for continued trading activity. Value scales with volume over time.
- Contest / Competition: Prize pools for trading performance or predictions. Not guaranteed income — competitive format.
For a complete glossary of bonus-related terms, see our Forex Bonus Glossary.
Frequently Asked Questions
Which forex broker has the best bonus for beginners?
For beginners, XM offers the strongest combination: a $30 no deposit bonus (no own-money risk), $5 minimum deposit, MT4/MT5 platforms, and no profit cap on the NDB. JustMarkets is also beginner-friendly with a $10 minimum deposit and tiered deposit bonuses up to 120%, though its NDB excludes Nigeria and South Africa. Read our best forex broker for beginners guide for more detail.
Are forex bonuses available in my country?
Forex bonuses are banned for retail traders in the EU, UK, Australia, and the United States. They remain available in most emerging markets — Nigeria, South Africa, India, Indonesia, Malaysia, Philippines, Pakistan, Bangladesh, the Gulf states, and much of Latin America. Eligibility varies by broker and specific offer. Check our country guides or use the Bonus Finder to filter by your location. For the full regulatory picture, read Who is eligible for a forex bonus?
What is the highest no deposit bonus available in 2026?
Traders Trust advertises the highest NDB at $200, though it may operate as a monthly raffle rather than a universal offer. InstaForex advertises up to $3,500, but the exact amount varies by region and the account converts to demo status after 7 days without a deposit. Among universally available, verified NDBs, LiteFinance’s $50 and XM’s $30 are the most reliable options. See our complete NDB ranking.
How do I withdraw profits from a forex bonus?
Every bonus has withdrawal conditions — typically a volume requirement (trade X standard lots), a time limit, and sometimes a profit cap. You can almost never withdraw the bonus credit itself; you withdraw the profits earned from trading with it. Before claiming any bonus, read the terms and calculate whether the volume requirement is achievable. Our turnover calculator and how to withdraw no deposit bonus guide explain the process step by step.
Are forex bonuses a scam?
Legitimate bonuses from regulated brokers are not scams, but poorly understood terms can leave traders feeling cheated. The main risks are unrealistic volume requirements, hidden profit caps, and withdrawal restrictions that effectively trap your deposit. Stick to brokers rated 7.0+ in this directory, read the full T&Cs before claiming, and be especially cautious with brokers holding only offshore licenses. For warning signs and protection strategies, read Are forex bonuses legit? and our forex bonus scams guide.
Next Steps
- Find your bonus: Use the Bonus Finder to filter offers by type, broker, country, and minimum deposit
- Calculate your requirements: Model your bonus value with our Bonus Calculator and lot requirements with the Turnover Calculator
- Compare brokers: See head-to-head breakdowns on our Broker Comparison page or read XM vs Exness
- Stay updated: Our Bonus Tracker monitors offer changes in real time
- Learn first: Start with What is a forex bonus? or the complete forex bonus guide if you are new to bonus trading
This directory was compiled and verified by Tim Morris, editor of forex-bonus.com. Last full verification: June 3, 2026. Individual offers are re-checked on a rolling basis. If you notice an outdated listing, contact our team so we can investigate.
Trading forex and CFDs carries significant risk. Most retail traders lose money. Bonuses do not reduce your risk of loss and come with conditions that may limit withdrawals. Never trade with money you cannot afford to lose.