Most brokers offer Forex bonuses only to new clients, but some offer financial incentives for each deposit made by a trader. It is important to understand the conditions for receiving bonuses, their amount, and rules, and select the best option. Traders Union analysts have compiled a list of Top 10 Best Forex Brokers With welcome Bonuses in 2023.
What types of bonuses do Forex brokers offer traders?
Every brokerage company tries to offer new interesting bonuses to attract more traders. Independent experts at Traders Union explain what types of bonuses brokers offer and their features.
There are the following types of bonuses:
- Welcome bonus – a financial incentive available only to new clients;
- Deposit bonus – awarded on a deposit to a brokerage account;
- No deposit bonus – awarded for registration of an account with a broker and does not require a deposit;
- 100% deposit bonus – doubles your deposit amount;
- Loyalty program – offered by a broker as a reward for trading activity.
Leaders of the Best Forex Brokers With Welcome Bonuses Rating
The Traders Union website features brokers offering the best Forex bonuses, including the following companies:
For example, XM is an excellent choice. The broker offers up to $30 no deposit bonus, and a 50% deposit bonus. The 50% deposit bonus is awarded on deposits from $5 to $5,000.
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