Compare the latest forex no deposit bonus and deposit bonus offers. Clear bonus rules, withdrawal conditions and honest broker reviews on FXNDB.
The right risk management course depends on your experience level. We compare five courses on position sizing, leverage control and drawdown limits—the skills that matter more than any single strategy.
Choosing the best forex broker for your trading is crucial for success.
Compare Brokers
Bonus pages are full of jargon and fine print. This guide explains each type of forex promotion in plain language—how it is paid, what you must do to unlock it, and the rules that decide whether you ever see the money in your bank account.
A forex bonus is an incentive a broker offers to attract new traders or keep existing ones active. It can be free trading credit, a match on your deposit, cash back on every trade, or a prize in a competition. In every case the broker expects something in return—usually a certain amount of trading volume—so a bonus is best understood as a deal with conditions, not free money.
Most bonuses are paid as credit: an amount that appears in your account and can be used to open trades, but cannot be withdrawn directly. What you can usually withdraw are the profits you make with that credit, once you meet the conditions.
Free credit—commonly between $10 and $150—added to a new live account before you deposit anything. It lets you trade real market prices with the broker's money instead of your own, which makes it the lowest-risk way to try a broker's platform, execution and support.
Watch for: the bonus itself never leaves the account, profits are usually capped (for example at $100–$200), and some brokers ask for a small deposit before your first withdrawal.
A percentage match on the money you fund. Offers range from 20% to 100%, and occasionally more. The bigger balance gives you more free margin, so you can hold positions through larger price swings before reaching a margin call.
Watch for: withdrawing any part of your own deposit before the requirement is met usually cancels the whole bonus—sometimes with the profits it helped generate.
A one-time reward for joining a broker. It may be paid as no-deposit credit, a first-deposit match, or a mix of both. Brokers limit it to one per person, household, device and IP address, and they check this during verification—opening several accounts to claim it again usually leads to all bonuses and profits being cancelled.
The amount you must trade before a bonus, or the profits from it, become withdrawable. A standard lot is 100,000 units of the base currency; a mini lot is 0.10 and a micro lot is 0.01. Requirements are often written as a number of lots per $1 of bonus.
Watch for: deadlines of 30–60 days, instruments that do not count (often crypto or indices), and minimum trade durations that exclude very short scalping trades.
A fixed amount, such as $2–$8 per standard lot, paid back to you on every closed trade. Rebates are paid in real cash rather than locked credit, so they lower your trading costs directly. For active traders they are often worth more over a year than a one-time bonus.
Competitions where traders are ranked by percentage return over a set period, with cash prizes or bonuses for the top places.
Refer-a-friend programmes pay you when someone you invite opens and funds an account and starts trading. Loyalty or rewards programmes give you points for traded volume that can be exchanged for cash, bonuses or merchandise. Both reward activity you might already be doing, but read how points convert and when they expire.
| Bonus type | Deposit needed? | Can you withdraw? | Best for |
|---|---|---|---|
| No deposit bonus | No | Profits only, usually capped | Testing a broker risk-free |
| Deposit bonus | Yes | Bonus after volume is met | Traders who need more margin |
| Welcome bonus | Sometimes | Depends on the format | New clients |
| Cashback / rebates | Yes | Yes, paid as cash | Active, high-volume traders |
| Demo contest | No | Prize, per contest rules | Practising strategies |
| Live contest | Yes | Prize, per contest rules | Experienced traders |
A forex no deposit bonus is free trading credit a broker adds to a new live account without requiring you to fund it. You can trade real markets with it, but the bonus itself usually cannot be withdrawn; only profits can be, after you meet the broker's conditions.
Usually yes, but only after completing the required trading volume (often counted in lots), verifying your identity, and sometimes making a small deposit. Most brokers also cap the profit you can withdraw from a bonus.
A no deposit bonus is given without funding your account. A deposit bonus is a percentage match on money you deposit—for example, a 100% bonus doubles your trading credit. Deposit bonuses are larger but come with volume requirements and can be removed if you withdraw early.
Check the broker's regulation and licence number on the regulator's own website, read the full bonus terms, compare spreads and fees, and test a withdrawal with a small amount before relying on the broker.
No. Regulators in the UK, EU and Australia restrict trading bonuses for retail clients, so offers are usually available only through a broker's international entities. Always check eligibility for your country before signing up.
