Forex market has been developing rapidly with the high increase of forex brokers. To attract more customers, most brokers use more and more forex bonuses with easy conditions to claim. In this article, you will know more about some forex bonuses in the market, how to get them and then the 4 the best forex welcome bonus you should choose.
Different Types of Forex Bonuses
Are you really sure about forex bonuses? Are you really aware of the forex bonus in the market? Now let’s make it clear about the meaning of forex bonus before seeing how many types of them. First, what is forex bonus? Forex bonus is a reward/ bonus/ gift which is given from brokers to traders to attract them to work with. These traders can be:
- New clients who have just registered an official account
- Experienced traders who have traded with the best forex brokers in the world for a long time
How to claim these bonuses? There are ways to obtain the bonuses: making/ registering an official account, depositing a certain amount of money, trading a certain number of transaction.
Forex deposit bonus
As you may know, it regards to the number of deposited amount that are made by the traders. Therefore, it is suitable for all kinds of customers since the conditions are simple: making a deposit for the first time or next time on website. Apparently, by this way, you must already have an official account or in other words, already work with a broker before you can apply this bonus type. Brokers measure this bonus in %, which is like 30%, 50%, 70%,…of total deposited amount. Now let’s take a quick look at an example to understand more clearly. You will deposit an amount of $1000 with the bonus rate of 50%. After making the transfer with valid payment method, you will get totally $1500 instead of $1000 to your account for trading because the promotion amount is $500.
Welcome Forex bonus
As its name, this bonus is like a welcome for new users/ customers who have just registered for the first time at a broker. This bonus amount is not much and then, it is not really suitable for old and regular client of a broker. How to get this bonus? It is very simple that you just have to register an official account and then an amount of bonus will be transferred right to your account. This bonus will give you the chance to learn more about forex system, have experience and also check the conditions or trading environment of a broker. With this bonus, there is another condition that requires you to deposit before obtaining the reward but it depends on the forex broker policy.
This is the most special bonus program that is provided to traders as it is not easy to apply. Unless you are a loyal customer, you will not get this special bonus. This is especially suitable for regular customer and an old trader on a website who have worked with a broker for a long time. By making a certain amount of trading lots, traders will get the rebated amount to their account, which is a very attractive amount that is worth considering.
Top 4 best forex bonuses
Based on the own experience and personal ideas, we’ve finally listed out the top 4 best forex bonuses that are highly recommended for traders. Of course, this is not suitable for all because it is just personal opinion, it is suggested that traders should take the good points from this list to choose their own forex bonuses. Here are the details:
- Best welcome bonus – XM: 30$ welcome bonus
- Best welcome bonus – FBS: 50$ welcome bonus
- Best deposit bonus – XM: 100% deposit bonus
- Exness bonus 2019: Rebate 2 – 16$ per lot