Different Types of Forex Bonuses

Best welcome bonus is one of the most attractive promotion from trading. Both traders and brokers pay attention to it. Many brokers offer the best promotions and special offers to traders. As a trader, you should better get aware of what a Forex bonus actually is.

A Forex bonus is defined as a regular promotion that is given either to a new customer or to an existing and already registered customer on a website. You need to make an official registration in the website to get bonus. On the other side, some of the bonuses require you to make deposits in your account. In this article, the different bonus types will be clarified as follows.

  1. Forex deposit bonus

In general, A Forex deposit bonus has a close connection with the deposits you make. Usually, such a bonus is always available for all the clients. You just make some simple steps to get the bonus. It’s vital to make a deposit either an initial, or a next one in the website. And of course, you will not be received any bonus if you are not registered on the website.

Please take note that the Forex deposit bonus is usually measured in %. I will take an example for you to have a slight idea about this type of a special promotion on a foreign currency exchange platform. In case you are supplied with a 50% deposit bonus and you make a forex deposit bonus 2019 of $100. When you make the transfer with one of the available payment methods, $100 will not belong to you, but in turn you will have $150 in your account to trade with.

  1. Welcome Forex bonus

The welcome Forex bonus (like the no deposit bonus) is given only to new traders. So, if you are an old and regular client of a broker, these bonuses are not for you. You can still, though use the deposit bonus only.

When brokers offer the welcome bonus, they want to draw a lot of new clients to join in forex trading by giving them chances to check the broker without risking a lot, but with a particular amount of money given by the broker. A welcome bonus, on the other hand, can be either a no deposit bonus, or an ordinary deposit bonus. It’s usually up to each policy set by the best forex brokers 2019.

  1. Loyalty bonus

For this type of account, it’s mainly for a regular customer and an old trader on a website. A lot of special programs for loyal clients will be held to reward them. It’s necessary to stay on the website for some time and then to claim for such a bonus. Your experience on the website is the main reason for you to be offered a Forex bonus.

Top 4 best forex bonuses

As a conclusion, we need to warn you that telling what the best Forex bonus is not possible. This is due to the fact that every different trader likes different bonuses.

I’ve carried out my own research to look for which top brokers offer the best bonus programs. Finally, I’ve narrowed the list down to 4 brokers with relatively superior bonus programs comparing to the other brokers. Here is my list as follows:

  • Best welcome bonus – XM: 30$ welcome bonus
  • Best welcome bonus – FBS: 50$ welcome bonus
  • Best deposit bonus – XM: 100% deposit bonus
  • Exness reviews 2019: Rebate 2 – 16$ per lot