Author: Eduardo Montero
Which brokers offer the highest deposit bonuses?
The comparative table below shows you the top Forex and CFD brokers that we have tested. It also lists the best brokers for investing, and offers bonuses for deposits to a live account.
Important: The deposit bonus may not be available in all countries due to regulatory restrictions or for all broker trading accounts. Please check each broker’s official website to see if the bonus is available for your country and what the conditions are.
Go to XM
Regulated by: CySEC, ASIC, FSC
Min Deposit: 5 € / $
Trading Platforms: MetaTrader 4 + MetaTrader 5
Type of Execution: Market Maker
Available Instruments: More than 1000: Wide range of Forex currency pairs. Also commodities, precious metals, indices and stocks.
|$30 no deposit bonus and deposit bonus up to $5,000.
(*) Bonuses not available for clients of the XM Group's European or Australian regulated entity. Check conditions on the broker's website.
Go to RoboForex
Regulated by: FSC
Min Deposit: 100 € / $
Trading Platforms: WebTrader + MetaTrader 4 + MetaTrader 5 + cTrader + iOS App + Android App
Type of Execution: STP / ECN
Available Instruments: Over 12,000: Forex, stock indices, ETFs, commodities and stocks (over 8400 in R Stocks Trader account).
|First and subsequent deposit bonus up to $50,000.
(*) Bonus not available for European clients. Check conditions on the broker's website.
Go to FBS
Regulated by: CySEC, FSC
Min Deposit: 1 € / $
Trading Platforms: MetaTrader 4 + MetaTrader 5 + iOS App + Android App
Type of Execution: STP / ECN
Available Instruments: Over 650 assets: Forex currencies, cryptocurrencies, precious metals, energies and equities.
|100% deposit bonus doubling your deposit.
(*) Bonuses are not available for European clients. See conditions on the FBS broker's website.
Types of Broker Bonus
These are typically welcome bonuses that you can use to make your first deposit after opening an account with an online broker. Brokers use this incentive to draw new clients. However, some brokers offer these bonuses for every deposit. Many other online brokers offer no deposit bonuses. These bonuses do not require an initial deposit.
The difference between no-deposit and deposit bonuses is that the bonuses are typically small (around $25 to $30). These small amounts can be negligible as they allow you open a live trading account to test out the broker’s platform.
Deposit bonuses, on the other hand are very useful as they allow you to increase your trading capabilities. You can increase your profit by opening more positions or open larger positions than you can with the money you deposit. It increases your capital and makes it possible to make more money.
Sometimes, the bonus amount cannot usually be withdrawn as it only increases your trading ability. The bonus amount can also be withdrawn in certain cases. However, you must make a minimum of trades to prove to the online broker that it was used for trading, and not to withdraw it fraudulently. You can only withdraw your own funds and any profits that you have generated (along with your deposit bonus).
These bonuses are generally a percentage of funds deposited. In some cases, you may even be able to double your deposit. Some brokers offer bonuses up to 100%. Most often, however, you will be offered a proportionate bonus, i.e. The higher your deposit, the greater the bonus percentage. A maximum bonus amount is usually set. The maximum amount a broker can offer is limited by this maximum. The maximum amount offered by brokers varies, and can vary between brokers.
First, you must create a trading account and deposit funds to it. This would be your initial trading capital. After your deposit is processed, the bonus amount will be added to your trading account. This will add the bonus amount offered by the broker (remember, it is a percentage) to your account balance. The result will be the amount you have to trade.
If you are looking to sign up for an online broker that offers a deposit bonus, it is a good idea to review the conditions of each broker. These conditions can vary greatly from one broker to another. In either case it is important to work only with regulated brokers such as those listed in our comparison tables.