There are a wide variety of opportunities for inexperienced traders and novice investors in the Global Trading industry.
One such venue is the foreign exchange (forex) market, which has seen a rise in popularity in recent years thanks to incentives provided by forex brokers to attract novice traders who are hesitant to risk their own funds.
Many Forex brokers provide traders with access to a no-deposit bonus upon registering for a live trading account. These bonuses allow traders to access live trading with funds provided by the broker. In this way, traders can test out the broker’s trading conditions and their own strategies in live market conditions without risking their own money.
Here, we explore the 7 best ‘forex welcome bonus’ offered from reliable brokers.
1. Tickmill
Tickmill is best described as a reliable broker offering competitive spreads on 62+ trading products and Contracts for Difference (CFDs). Tickmill has a trust score of 94 out of 100 and is regulated in one tier-1 and two tier-2 jurisdictions.
A $30 Forex welcome bonus is available at Tickmill. A Trader can get a free $30 USD bonus without making a deposit. Tickmill offers a $30 USD Welcome Account as part of their signup bonus.
Sign up bonus offered | Yes |
Bonus features | USD30 Welcome Bonus |
Minimum deposit | USD100 |
Regulation | CySEC, FCA, FSA, FSCA, Labuan FSA |
Currency pairs | 62 |
Trading platform | MetaTrader 4 and MetaTrader 5 |
2. HYCM
Spreads start at 0.1 pips and execution times average a mere 0.1 seconds with award-winning Forex Broker HYCM. New traders who sign up for an account at HYCM are eligible for a 100% sign-up bonus.
Sign up bonus offered | Yes |
Bonus features | 100% sign-up bonus |
Minimum deposit | USD20 |
Regulation | FCA, CySEC, DFSA, CIMA |
Currency pairs | 69 |
Trading platform | MetaTrader 4 and MetaTrader 5 |
3. JustMarkets
JustMarkets is a reliable broker that offers Contracts for Difference (CFDs) and competitive spreads on 90+ financial products.
When you open a new live trading account with JustMarkets, you are eligible for a $30 Forex welome bonus. The $30 USD Sign-up Bonus can be obtained with no initial investment. The bonus might go as high as +120 percent of the initial deposit.
Sign up bonus offered | Yes |
Bonus features | USD30 and up to 120% Bonus |
Minimum deposit | USD100 |
Regulation | FSA, CySEC, FSCA, FSC |
Currency pairs | 90+ |
Trading platform | MT4, MT5, MT4/5 WebTrader, mobile (iOS & Android) |
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4. XM
XM is a well-known Forex Broker that serves over 10,000,000 clients in 190 countries around the world. XM does give a $30 USD no-deposit incentive to certain regulated organisations. A trader does not need to deposit to earn a $30 USD deposit.
Sign up bonus offered | Yes |
Bonus features | USD30 |
Minimum deposit | USD5 |
Regulation | FSC, DFSA, CySEC, ASIC |
Currency pairs | 55 |
Trading platform | MetaTrader 4 and MetaTrader 5 |
5. InstaForex
In general, InstaForex is safe to use and has a good reputation among its customers. Top-tier regulators CySEC and FSC oversee InstaForex’s operations.
There is a $1,000 USD InstaForex signup bonus available without making a deposit. There is no minimum deposit required to receive the $1,000 bonus.
Sign up bonus offered | Yes |
Bonus features | USD1000 |
Minimum deposit | USD1 |
Regulation | CySEC, FSC |
Currency pairs | 4 |
Trading platform | MetaTrader 4 |
6. RoboForex
RoboForex can be summed up as a reliable broker offering cutting-edge trading features for experienced investors.
RoboForex provides a $30 USD no-deposit bonus. A Trader can get a free $30 USD bonus without making a deposit.
Sign up bonus offered | Yes |
Bonus features | USD30 |
Minimum deposit | USD10 |
Regulation | IFSC |
Currency pairs | 32 |
Trading platform | MetaTrader 4 |
7. SuperForex
SuperForex is a reliable broker that provides a competitive spread and a simple trading platform. A new SuperForex live trading account qualifies for a $88 USD no-deposit bonus. The $88 USD Sign-up Bonus can be obtained with no initial deposit.
Sign up bonus offered | Yes |
Bonus features | USD88 |
Minimum deposit | USD1 |
Regulation | IFSC |
Currency pairs | 300 |
Trading platform | MetaTrader 4 |
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