Who doesn’t love the free Forex gift boxes? – Forex Bonuses hooks in all forex traders and the ‘Best Forex Welcome Bonuses’ are always on the top search list of every forex businessmen. The Welcome Bonus is the best Forex Bonus type, and there is no risk using the free bonus. You can keep your gift and your profit both if you win, or lose with not your money. Therefore, this article is to help traders with the short overview of Forex Bonuses focusing on the best welcome bonus forex. There are also several examples of relevant tips for your concern.
1. Forex Bonuses
Forex bonus or promotion is what provides to customers, so they trade and work on brokers’ site. People receive their bonus by completing the brokers’ quest: make an official registration, deposit, or proceed with several trading lots. Consequently, Forex Bonuses can be separated into three rooms: Welcome Bonus, Deposit bonus, and Lot Back bonus.
With Welcome Bonus, or Sign-up Bonus, your new account will receive a small amount of money, thus new traders would have extra money to start with. Traders need no requirement but to sign up for it. Thus, this offer hooks in new traders with small pocket and also help the professional test the trading condition of brokers. Sometimes, the Welcome Bonus sometimes can be called No Deposit Bonus by some brokers for the percentage gift, similar to the deposit bonus.
Deposit Bonus bases completely on your down payment. The more you deposit, the more money you receive. For example, you earn $50 tip for $100 deposit, or $500 for depositing a grand with a 50% deposit bonus. The high percentage offer, for that reason, is normally offered for regular clients, and only the chosen traders will be notified of such information.
Lot back bonuses are for the expert class of forex traders solely, who spend day and night on the computer screen trading continuously. The quest to catch this bonus is to perform 1 trading lot receiving the rebate in return. The lot back amount depends on the trading pairs, account types, and the trading time. For example, XM’s EUR/USD spread is 1.4 pip, and brokers will grant you $3 for each lot finishing. Hence, instead of $14 as the original cost, you need to pay only $11 for the next lot of EUR/USD.
Below is the list of 4 best forex bonuses from the best forex brokers in the world as our recommendation:
- XM: 30$ Welcome Bonus
- FBS: 123$ Welcome Bonus
- XM: 100% Deposit Bonus
- Exness Bonus: 2 – 16$ per lot – Lot Back Bonus
2. Standard of Top Welcome Bonus Programs
Good Welcome Bonus must be submitted by the worthy of trust, and they should better have a high-value bonus with easily withdraw requirement. After years of trading with brokers and testing, we usually recommend our clients several brokers with solid Welcome Bonuses of quality benefits. XM, FBS, and FXTM, those names are famous for years of good forex services with the stable trading condition and their great support.
Easy withdraw condition
There are two general ways to withdraw your money including the free bonus: performing a fixed number of the trading lot then receive both the Welcome Bonus and your interest; or win the profit with all the Welcome Bonus, which means no condition but to register & open your new account. No broker allows traders to withdraw the Welcome Bonus for no condition, indeed, but tough withdraw conditions make things difficult for traders. Fortunately, good Welcome Bonuses are offered with effortless withdraw requirements. For examples:
- XM has the fairest requirement: complete 0.1 lot to be able to withdraw bonus take.
- FXTM is the second with 1-lot-trade as broker’s request to pull out the property of yours.
- FBS gives you payback for each trading lot. For example, you gained $60 interest after a week, then you have to make at least 20 lots to draw the profit, so $3 each.
XM serves traders with fast services and expands fast. The broker has a strong education system with over 30 languages support and 24/5 live help. The trading condition is well-known for super low trading lots and the ultra-low spread. In 2016, the lightning Usain Bolt becomes XM’s Official Ambassador.
FXTM keeps connecting with the traders’ community through the friendly user interface website beside various training courses. Multiple choices of account options play a good practicing environment for the new. The company also has many regulations with an extensive support of 18 languages.
FBS provides multiple accounts including Demo and Cent accounts for new traders. Numerous bonus and promotion are FBS advantages, with the staff members are available online 24/7. In addition, most of FBS target countries are from the Asian regions.
The fascinating Forex Bonuses benefit all forex traders – old and new – but only for the people who are deadly serious about the currency trading market and dare to risk. Forex bonus encourages new traders to sign up and veteran traders to continue their trading with much effort and fun. However, it takes months and minutes to study and practice to form tight discipline, then you can manipulate all the promising forex Bonuses at will. If you ask us for advice between low spread and the bonuses, the answer: the trading condition contains a lot more than just the spread and bonuses, and the key is neither of the two. Only the credibility can open the door to achieve success. Do your research carefully and win big, we long for your time of great triumph.
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