| Online Broker | Minimum Deposit | Trading Platforms | Maximum Leverage | Country | Welcome Bonus |
|---|---|---|---|---|---|
| Vantage | $50 Minimum Deposit | MT4, MT5, ProTrader Online Trading Platforms | 500:1 Maximum Leverage | Cayman Islands (CIMA Regulated) Country | 50% Bonus Up To $500 Credit For First Deposit And 10% Bonus Above $1000 Deposits Up To $19,500 Credit For First and Future Deposits: T&Cs apply Welcome Bonus |
| IronFX | $50 Minimum Deposit | MT4 Online Trading Platform | 1000:1 Maximum Leverage | Bermuda Country | 100% Unlimited Sharing Bonus (No Limits), $40% Power Bonus Up To $4000, 20% Iron Bonus Up To $2000: T&Cs apply Welcome Bonus |
| Oanda | $25 (for Bonus) Minimum Deposit | MT4, MT5 Online Trading Platform | 200:1 Maximum Leverage | British Virgin Islands (FSC Regulated) Country | 50% Welcome Bonus On Initial Deposit Up To $1000: T&Cs apply Welcome Bonus |
| FXGiants | $100 Minimum Deposit | MT4 Online Trading Platform | 500:1 Maximum Leverage | Bermuda Country | 100% Bonus Maximiser (No Limits), 40% Booster Bonus Up To $4000, 20% Bonus Advantage Up To $2000: T&Cs apply Welcome Bonus |
| RoboForex | $10 Minimum Deposit | MT4, MT5, R StocksTrader, cTrader Online Trading Platforms | 2000:1 Maximum Leverage | Belize (IFSC Regulated) Country | 50% Bonus Up To $10,000: T&Cs apply Welcome Bonus |
Best Forex Brokers With Welcome Bonus
A welcome bonus is a bonus given to new accounts. Typically the trader will receive a percentage of the amount of the initial deposit into their trading account. For example, if the welcome bonus was 100% and the trader deposited $1000, then they would receive another $1000 into their account.
However welcome bonuses typically have a fine print which means that they normally cannot be withdrawn as well as other terms and conditions. Thus when the trader makes a withdrawal request they can find that the amount they can withdraw has the bonus amount subtracted from it, including a percentage of any sum generated by trading with the bonus (or a percentage of the amount remaining after a loss). So in essence the sum is typically there to be traded with. The actual terms and conditions vary from broker to broker and offer to offer.
Best Forex Broker With Welcome Bonus
The pick of best Forex broker with welcome bonus is Vantage (formerly Vantage FX). Vantage is a broker offering MetaTrader (MT4), MetaTrader 5 (MT5), the successor to MT4 and ProTrader (powered by TradingView). It supports both automated trading with robots and trading where the trader plans and executes their own trades. It offers ECN accounts and fast order processing, with Forex spreads from 0, plus a commission charge.
Vantage has a Welcome Bonus, known as the Deposit Bonus: T&Cs apply. There is a 50% Credit Bonus up to a value of $500 on the first deposit. For initital or future deposits above $1000, there is a 10% Credit Bonus up to a value of $19,500. There is a total Deposit Bonus capped at $20,000, depending on the size of the first and subsequent deposit. Credit amounts cannot be withdrawn.
