Best Forex Brokers That Provide Forex Bonus
Thousands of new investors are drawn to foreign currency trading because it is a vast worldwide market with minimal transaction costs and numerous other advantages. To access the market, as with all other trading and investment options, it's better to engage through a broker as they make things simpler for you. Nowadays, there are many forex brokers that you can choose from while typing Libertex review, world forex review, exante review etc., on Google. However, you should always conduct a research and know as much as you can about the forex brokers and choose the best-suited one for you.
This article will talk about the best forex brokers that welcome you with a forex bonus. You will find everything necessary about these brokers that you need to know about. So stay tuned with the article.
What Forex Bonus Is All About?
Brokerage companies use forex bonuses as promotional offers to attract new traders. The Forex bonus is either a fixed amount or a percentage of the initial deposit, and traders are usually allowed to access it as soon as they open an account, make a deposit, or start trading. It can be extremely beneficial for you as well. A forex broker providing a welcome bonus is a good sign and already tells a lot about it.
RoboForex is one of the best, if not the best, forex brokers out there in the current market. The bonus they provide is said to be a type of welcome bonus. The welcome bonus of RoboForex consists of $30, which is not bad as free money. To get this bonus, all you need to do is that you have to open an account, and then after verifying the account, you have to deposit at least USD 10, and you are good to go.
Instaforex is right there on the top when it comes to forex brokers. Instaforex has an attractive USD 1000 bonus that is said to be a No-deposit bonus type. Though it looks like a huge amount, the thing is that you cannot withdraw it. You have to make an account and verify it. After that, only profits from trading X * 3 InstaForex lots, where X is profit volume, can be withdrawn. "The Client accepts that the company may ask him to reload his account with actual dollars in some instances," says paragraph 6.
FBS is one of the top forex brokers out there. They provide a bonus of up to $140, which is an extremely decent amount of money. It's a No-deposit bonus, so all you have to do is open a new MT5 account and then request it. After you successfully trade 5 lots for 30 days, you will be able to withdraw your bonus.
XM brokers are considered one of the highest-paying bonus brokers out there. Their bonus is a welcome bonus, and it gets high up to $5000. Yes, you heard that right. How can you get it? It is easy. Just like others, you have to make an account first. After that, you need to deposit $5, and then you have to trade at least 1 lot to earn every 10 USD.