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Home » Forex Brokers » by Bonuses » With Deposit Bonus

Best Forex Brokers Offering Deposit Bonus

Deposit bonuses are designed to support traders when they join a new forex broker. These bonuses, typically a percentage of the trader’s deposit, provide additional trading capital, allowing for larger positions and increased potential returns.

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OneRoyal
trusted
Not available in
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1
OneRoyal
0 customer reviews
Rating
4.8
/ 5
Expand
  • Copy and Social Trading
  • Very Low Minimum Deposit
  • Multi Tier-1 Regulated Broker
Pros

  • Very Low Minimum Deposit: Traders can get started with a deposit of $5. 

  • Negative Balance Protection: Traders cannot lose more funds than they have in their accounts with negative balance protection

  • Extensive Tradable Instruments: Over 2,000 tradable instruments across forex, metals, oil, indices, shares, ETFs, and crypto. 

Cons

  • Promotions Not Universally Available: Some promotions are only available in selected regions. 

  • Neteller Payment Delays: Neteller withdrawals are subject to a 7-business-day waiting period after a deposit. 

  • Separate Site for EU Natives: EU residents are redirected to a separate, EU-regulated platform.

  • Withdrawal fee$0
  • Deposit fee$0
  • Max Leverage1:1000
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XM
trusted
Not available in
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2
XM
35 customer reviews
Rating
4.8
/ 5
Expand
  • Specialized trading accounts
  • Free VPS hosting
  • 24/7 instant money withdrawal
Pros

  • Multi-Regulated Broker: XM has multiple regulations including CySEC (Cyprus), FSC (Belize and Mauritius), FSA (Seychelles), and DFSA (Dubai).  

  • Variety of Bonuses: The broker offers an extensive range of bonuses including welcome, no-deposit, and seasonal offers that can boost capital and allow profit withdrawal.

  • Consistent High Leverage and Low Spreads: The company offers consistently low spreads and a high leverage even during volatile market conditions. 

Cons

  • Not Available in the US: XM does not accept clients from the US. For traders based in restricted regions, it is best to look for other options. 

  • Offerings May Differ Based on Location: Payment methods, trading strategies, and bonuses may vary depending on your location. 

  • Inactivity Fees: XM charges a dormant fee when your account stays dormant for consecutive 90 days. You are charged an inactivity fee of $10 per month.

  • Withdrawal fee$0
  • Deposit fee$0
  • Max Leverage1:1000
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BlackBull Markets
trusted
Not available in
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3
BlackBull Markets
0 customer reviews
Rating
4.8
/ 5
Expand
  • Auto Trading
  • Copy Trading
  • Multiregulated Broker
Pros

  • 26,000+ Tradable Assets: BlackBull Markets provides access to more than 26,000 tradable instruments across 5 different asset classes.

  • Multiple Trading Platforms: Traders can use MetaTrader 4, MetaTrader 5, TradingView, cTrader, and MetaTrader WebTrader. The broker also offers proprietary BlackBull Invest and BlackBull CopyTrader platforms. 

  • Extensive Variety of Tools and Third-Party Services: BlackBull offers access to VPS, ZuluTrade, Myfxbook, an Economic Calendar, and Trading Calculator. 

Cons

  • Flat Administrative Fee on Swap-Free Islamic Accounts: BlackBull Markets charges a flat administrative fee on swap-free trading accounts. 

  • $5 Withdrawal Fee: On every withdrawal, a withdrawal fee of $5 is applied to a trader’s account.

  • Withdrawal fee$5
  • Deposit fee$0
  • Max Leverage1:500
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FxGlory
trusted
Not available in
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4
FxGlory
10 customer reviews
Rating
4.8
/ 5
Expand
  • 24/7 instant money withdrawal
  • Specialized trading accounts
Pros

  • High Leverage Options

  • Low Initial Deposit Requirements

Cons

  • Lack of Proper Regulation

  • Withdrawal Issues

  • Poor Customer Support

  • Withdrawal fee$0
  • Deposit fee$0
  • Max Leverage1:3000
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VT Markets
trusted
Not available in
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5
VT Markets
1 customer reviews
Rating
4.7
/ 5
Expand
  • Specialized trading accounts
Pros

  • Trading Accounts for Different Types of Traders: VT Markets offers STP, ECN, Cent, and Swap Free trading accounts. The company also offers a demo account for 90 days. 

  • Multi Regulated Brokerage: VT Markets has multiple reputable regulations from South Africa, Dubai, and Mauritius. 

  • Investor Protection and Trader Insurance: The company is a part of The Financial Commission and Compensation Fund and has Lloyd’s Insurance with coverage of over €20,000 and $1M respectively for client funds.

Cons

  • No Phone Support: VT Markets does not offer phone support.

  • Withdrawal fee$0
  • Deposit fee$0
  • Max Leverage1:1000
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Alpari
trusted
Not available in
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6
Alpari
12 customer reviews
Rating
4.7
/ 5
Expand
  • Specialized trading accounts
  • Free VPS hosting
  • 24/7 instant money withdrawal
Pros

  • Competitive Spreads

  • Comprehensive Educational Resources

  • Robust Customer Support

Cons

  • Limited Deposit and Withdrawal Options

  • Occasional Platform Glitches

  • Limited Regulatory Oversight in Certain Regions

  • Withdrawal fee$0
  • Deposit fee$0
  • Max Leverage1:1000
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PU Prime
trusted
Not available in
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7
PU Prime
10 customer reviews
Rating
4.6
/ 5
Expand
  • 24/7 Multilingual Customer Service
  • Proprietary Copy Trading App
Pros

  • Wide Range of Account Types: PU Prime provides a variety of account types designed to suit different trading styles and experience levels, from beginners to advanced traders.

  • Great Leverage: Control larger positions using minimal capital, thanks to leverage of up to 1:1000. This allows you to maximize opportunities in the market but remember, while higher leverage can enhance potential gains, it also increases risk. 

  • 24/7 Multi Channel Support: Round-the-clock assistance is provided by PU Prime through multiple channels, including live chat, email, and phone support. Services are offered in 18 languages, ensuring accessibility for a diverse range of traders.

Cons

  • Slightly Higher Spreads: For no-commission accounts, spreads starting at 1.3 pips are slightly higher than the industry average.

  • High Minimum Deposit: High minimum deposit for the low-spread and commission-based accounts

  • No EU Regulations: Despite being regulated by 4 authorities, including top-tier ASIC, the broker does not offer dedicated EU regulation for European clients.

  • Withdrawal fee$0
  • Deposit fee$0
  • Max Leverage1:1000
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NordFX
trusted
Not available in
Country Flag
8
NordFX
9 customer reviews
Rating
4.5
/ 5
Expand
  • MT4 & MT5 Platforms
  • Up to 1:1000 Leverage
  • From $10 Minimum Deposit
  • Trading Since 2008
Pros

  • Regulated by multiple authorities

  • Offers a wide range of assets, including cryptocurrencies, stocks, indexes, metals and oil

  • Multiple trading platforms are available, including MetaTrader 4, MetaTrader 5 and MetaTrader 5 web

Cons

  • Limited educational resources for beginners

  • Limited research tools

  • Limited customer support options compared to some other brokers

  • Withdrawal fee$0
  • Deposit fee$0
  • Max Leverage1:1000
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AXITrader
Not available in
Country Flag
9
AXITrader
115 customer reviews
Rating
4.5
/ 5
Expand
  • 24/7 instant money withdrawal
  • Free VPS hosting
  • Specialized trading accounts
Pros

  • No obligation demo accounts with US$50,000 of virtual funds to practice with

  • 24/5 Customer support available 

  • Multilingual support in 14 languages

Cons

  • Limited trading platform options

  • Limited trading instruments

  • Only forex and CFD trading

  • Withdrawal feeN/A
  • Deposit feeN/A
  • Max LeverageN/A
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TradeQuo
trusted
Not available in
Country Flag
10
TradeQuo
0 customer reviews
Rating
4.6
/ 5
Expand
  • 24/7 Customer Support
  • Very High Leverage
Pros

  • Multiple Regulations: Multi-regulated broker with licenses from Seychelles (FSA), South Africa (FSCA), Dominica (FSU), and UAE (SCA). 

  • Extremely High Leverage and Low Trading Costs: You can trade with up to 1:1000, 1:2000, and even “limitless” on special accounts with negative balance protection available. TradeQuo offers spreads as low as zero pips on some major pairs (depending on the account type).

  • Extensive Range of Tradable Assets: The broker gives you access to 350+ tradable instruments over forex, stocks, indices, commodities, and cryptocurrencies.

Cons

  • Not Available in Certain Jurisdictions: The company does not accept clients from US, EU, UK, and Canada among others due to regulatory restrictions.

  • No Call Support: TradeQuo does not offer call support at the time of writing this review. 

  • Islamic Account Option Only Available on Request: Islamic accounts are available but not as a standard account type. They are only available upon request.

  • Withdrawal fee$0
  • Deposit fee$0
  • Max LeverageUnlimited
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Our ranking methodology and selection process

What is a forex deposit bonus?

A forex deposit bonus is extra money a broker adds to your account based on how much you put in. Deposit $500 with a 100% bonus and you get another $500 in bonus funds. In most cases that money is trading credit rather than cash you can withdraw. It gives you more margin to trade with and a bit of a cushion against losses, but you can’t take the bonus itself out until you’ve met the broker’s conditions. You’ll see a few common types: a flat percentage match like 20%, 50% or 100%, tiered bonuses that get bigger as you deposit more, and redeemable bonuses that turn into real cash as you trade.

Can you withdraw a forex deposit bonus?

Usually not the bonus itself, but the profits you make while trading with it are normally yours to keep. To unlock the bonus, brokers ask you to trade a certain volume first, measured in lots. A common rule is one standard lot traded for every set amount of bonus you received. Before you claim anything, check how much volume you need to trade, how long you have to do it, and whether pulling your own deposit out early wipes the bonus.

Deposit bonus or no-deposit bonus?

A no-deposit bonus hands you a small amount of free trading funds just for opening and verifying an account, so it’s a way to test a broker without risking your own money. A deposit bonus asks you to fund the account first and pays you a percentage on top, which means the amounts are usually much bigger. If you just want to try a broker out, start with a no-deposit bonus. If you’re ready to put money in and want more to trade with, a deposit bonus gives you more.

How to pick a good deposit bonus broker

The headline percentage is the least important part. What actually matters is whether you can use the bonus and whether the broker is safe to deposit with. Check the regulation first, because a modest bonus at a properly regulated broker is worth more than a huge one at a firm you can’t trust. Then look at the turnover requirement, since a lower volume target is far easier to actually hit. Find out whether the bonus can become withdrawable cash or only ever boosts your margin. Compare the spreads and commissions too, because high trading costs can eat the value of a bonus without you noticing. And make sure you can withdraw your own deposit whenever you want without losing the bonus.

Why aren’t deposit bonuses offered everywhere?

Several major regulators don’t allow them. The EU’s ESMA, the UK’s FCA and Australia’s ASIC all ban brokers from offering cash trading incentives like deposit bonuses to retail clients. That’s why you’ll usually find these promotions run through a broker’s offshore arm and aimed at traders outside those regions. Before you sign up, check that the broker can actually offer the bonus in your country.

Are forex deposit bonuses worth it?

If you trade regularly and the terms are fair, a deposit bonus can genuinely help. The extra margin lets you open bigger positions or ride out a rough patch. It’s less useful when the turnover requirement is steep, the bonus is credit you can never cash out, or the broker has widened its spreads to pay for it. Use the list above to weigh the brokers on regulation, bonus terms and overall trading cost, and go with the offer you can realistically unlock instead of the one with the biggest number on it.