Best Forex Bonus and Promotions
Updated: Jul 23, 2023Advertising DisclosureListings that appear on this page and/or on this website are of products / companies / services from which this website may receive compensation. This may impact how, where and which products / companies / services we review and write about. This page may not include all available products, all companies or all services.
The brokers below represent the best Forex Bonus and Promotions Brokers.
| Broker | Official Site | Regulations | Min Deposit | Max Leverage | Trading Platforms | Foundation Year | Publicly Traded | Trading Desk Type | Currencies | Commodities | Indices | Stocks | Crypto | Offers Promotions |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Visit Broker > Risk Warning: GO Markets Pty Limited, ABN 85 081 864 039, AFSL 254963 is a CFDs issuer. Investing in CFDs carries significant risks and is not suitable for all investors. You do not own or have any interest in the rights in the underlying assets. The information on this website is general in nature and doesn’t take into account your personal objectives, financial situation or needs. You should consider whether you are part of our target market by reviewing our TMD. You should read our PDS and other CFD legal documents to ensure you fully understand the risks before you invest in CFDs. We recommend that you seek independent advice and ensure you fully understand the risks involved before you invest in CFDs. | ASIC, CySEC , FSC Mauritius | $100 | 1:30 (ASIC), 1:30 (CySEC ), 1:500 (FSC Mauritius) | MT4, MT5, WebTrader | 2006 | ECN, STP | ||||||||
Visit Broker > Forex margin trading involves substantial risks | CySEC , SVG FSA | $100 | 1:30 (CySEC ), 1:500 (SVG FSA) | MT4, MT5, Proprietary | 2011 | ECN, STP | ||||||||
Visit Broker > Our products are traded on margin and carry a high level of risk and it is possible to lose all your capital. These products may not be suitable for everyone and you should ensure that you understand the risks involved. | FCA UK, CySEC , FSCA South Africa | $0 | 1:30 (FCA UK), 1:30 (CySEC ), 1:500 (FSCA South Africa) | MT4 | 2010 | STP | ||||||||
Visit Broker > 82% of retail CFD accounts lose money | FCA UK, CySEC , FSCA South Africa, FSC Mauritius | $10 | 1:30 (FCA UK), 1:30 (CySEC ), 1:500 (FSCA South Africa), 1:1000 (FSC Mauritius) | MT4, MT5, , | 2011 | No dealing desk, ECN, Market Maker | ||||||||
Visit Broker > 71% of retail investor accounts lose money when trading CFDs with this provider | ASIC, CySEC , FSCA South Africa, FSA Japan, FSC Mauritius, BVI FSC, CBI Ireland | $100 | 1:30 (ASIC), 1:30 (CySEC ), 1:400 (FSCA South Africa), 1:25 (FSA Japan), 1:400 (FSC Mauritius), 1:400 (BVI FSC), 1:30 (CBI Ireland) | MT4, MT5, Proprietary, AvaSocial, AvaTradeGo, AvaOptions, WebTrader | 2006 | Market Maker |
Pro Tip: Most of these brokers offer free demo accounts so you can test the brokers and their platforms with virtual money. Give it a try with some play money before using your own cash.
Note: Not all Forex brokers accept US clients. For your convenience we specified those that accept US Forex traders as clients.
Here’s a list of The Best CFD Trading Brokers
- Go Markets
- OctaFX
- IronFX
- FXTM
- AvaTrade
GO Markets
Regulated By:ASIC, CySEC , FSC Mauritius
Headquarters:Australia
Foundation Year:2006
Min Deposit:$100
Start Trading
Risk Warning: GO Markets Pty Limited, ABN 85 081 864 039, AFSL 254963 is a CFDs issuer. Investing in CFDs carries significant risks and is not suitable for all investors. You do not own or have any interest in the rights in the underlying assets. The information on this website is general in nature and doesn’t take into account your personal objectives, financial situation or needs. You should consider whether you are part of our target market by reviewing our TMD. You should read our PDS and other CFD legal documents to ensure you fully understand the risks before you invest in CFDs. We recommend that you seek independent advice and ensure you fully understand the risks involved before you invest in CFDs.
Official Site:www.gomarkets.com
Demo Account:Open Demo Account
Max Leverage:1:30 (ASIC), 1:30 (CySEC ), 1:500 (FSC Mauritius)
Publicly Traded:No
Deposit Options:Wire Transfer, Credit Card, Skrill, Neteller
Withdrawal Options:Wire Transfer, Credit Card, Skrill, Neteller
Products:Currencies, Commodities, Indices, Stocks, Futures
Trading Platforms:MT4, MT5, WebTrader
Trading Desk Type:ECN, STP
OS Compatability:Desktop platform (Windows), Desktop platform (Mac), Web platform
Mobile Trading Options:Android, iOS
The GO Markets trading offering is mainly geared towards professional traders. The competitive fees and access to advanced trading platforms such as MetaTrader 4 and third-party analytic tools are designed with advanced traders in mind.
However, beginner traders will also enjoy the commission-free trading accounts and competitive spreads, as well as live trading webinars and trading courses from the GO Trade Academy.
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OctaFX
Regulated By:CySEC , SVG FSA
Headquarters:Saint Vincent and the Grenadines
Foundation Year:2011
Min Deposit:$100
Start Trading
Forex margin trading involves substantial risks
Official Site:www.octafx.com
Demo Account:Open Demo Account
Max Leverage:1:30 (CySEC ), 1:500 (SVG FSA)
Publicly Traded:No
Deposit Options:Wire Transfer, Credit Card, Cryptocurrencies, Skrill, Neteller, FasaPay, Ngan Luong, Visa
Withdrawal Options:Wire Transfer, Cryptocurrencies, Skrill, Neteller, Visa
Products:Currencies, Commodities, Indices, Stocks, Crypto
Trading Platforms:MT4, MT5, Proprietary
Trading Desk Type:ECN, STP
OS Compatability:Desktop platform (Windows), Desktop platform (Mac), Web platform
Mobile Trading Options:Android
OctaFX was founded in 2011 and offers Forex ECN trading, as well as CFD trading on Indices, Metals and Cryptocurrencies, across the MetaTrader and cTrader suite of trading platforms for Windows Desktop, Web (Windows and Mac) and Mobile (Android and iOS), as well as their own OctaFX Trading App.
The services and features offered by OctaFX are designed for both beginner and professional traders, with access to Micro, Pro and ECN accounts, as well as the OctaFX Copy Trading programme and an impressive range of education and trading research tools including AutoChartist.
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IronFX
Regulated By:FCA UK, CySEC , FSCA South Africa
Headquarters:Cyprus
Foundation Year:2010
Min Deposit:$0
Start Trading
Our products are traded on margin and carry a high level of risk and it is possible to lose all your capital. These products may not be suitable for everyone and you should ensure that you understand the risks involved.
Official Site:http://www.ironfx.com/en/
Demo Account:Open Demo Account
Max Leverage:1:30 (FCA UK), 1:30 (CySEC ), 1:500 (FSCA South Africa)
Publicly Traded:No
Deposit Options:Wire Transfer, Credit Card, Cryptocurrencies, Skrill, Neteller, China UnionPay, Paysafe, FasaPay, SafetyPay, PerfectMoney, E-wallets
Withdrawal Options:Wire Transfer
Products:Currencies, Commodities, Indices, Stocks, Futures, Crypto
Trading Platforms:MT4
Trading Desk Type:STP
OS Compatability:Desktop platform (Windows), Desktop platform (Mac), Web platform
Mobile Trading Options:Android, iOS
Founded in 2010, IronFX provides its services via four entities: Notesco Financial Services Ltd (Cyprus), Notesco UK Limited (UK), Notesco (SA) Pty Ltd (South Africa), and Notesco Limited (Bermuda).
The broker offers the highly popular MetaTrader 4 platform.Traders have seven types of accounts to choose from. Three accounts offer the option to choose between the fixed and the floating spread. There is an Islamic Account option for four types of accounts.
IronFX offers a high number of forex pairs, commodities, and indices. The cryptocurrency offering is also interesting. The number of available stocks is medium. There are plenty of options for deposits and withdrawals. Traders can use various base currencies.
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FXTM
Regulated By:FCA UK, CySEC , FSCA South Africa, FSC Mauritius
Headquarters:Cyprus
Foundation Year:2011
Min Deposit:$10
Start Trading
82% of retail CFD accounts lose money
Official Site:www.forextime.com/eu
Demo Account:Open Demo Account
Max Leverage:1:30 (FCA UK), 1:30 (CySEC ), 1:500 (FSCA South Africa), 1:1000 (FSC Mauritius)
Publicly Traded:No
Deposit Options:Wire Transfer, Credit Card, Skrill, Neteller, Mastercard, , , Local Deposit, Maestro, Visa
Withdrawal Options:Wire Transfer, Credit Card, Skrill, Neteller, Mastercard, , , PerfectMoney, Maestro, Visa
Products:Currencies, Commodities, Indices, Stocks
Trading Platforms:MT4, MT5, ,
Trading Desk Type:No dealing desk, ECN, Market Maker
OS Compatability:Desktop platform (Windows), Desktop platform (Mac), Web platform
Mobile Trading Options:Android, iOS
FXTM, short for ForexTime, is a platform with a primary focus on foreign exchange. That specialization allows it to rise above many others when it comes to Forex-focused trading platforms and tools. CFDs are available on 50+ currency pairs including major, minor, and exotic pairs. Leverage is available up to 1000:1.
Spreads are competitive across all platforms with 24-hour trading open 5 days per week. FXTM is based in Cyprus and licensed by the International Financial Services Commission (IFSC), Cyprus Securities and Exchange Commission, and other regulators in and out of the EU. A free demo account is available.
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AvaTrade
Regulated By:ASIC, CySEC , FSCA South Africa, FSA Japan, FSC Mauritius, BVI FSC, CBI Ireland
Headquarters:Ireland
Foundation Year:2006
Min Deposit:$100
Start Trading
71% of retail investor accounts lose money when trading CFDs with this provider
Official Site:www.avatrade.com
Demo Account:Open Demo Account
Max Leverage:1:30 (ASIC), 1:30 (CySEC ), 1:400 (FSCA South Africa), 1:25 (FSA Japan), 1:400 (FSC Mauritius), 1:400 (BVI FSC), 1:30 (CBI Ireland)
Publicly Traded:No
Deposit Options:Wire Transfer, Credit Card, PayPal, Skrill, Neteller, QIWI, Boleto
Withdrawal Options:Wire Transfer, Credit Card, PayPal, Skrill, Neteller, QIWI, Boleto
Products:Currencies, Commodities, Indices, ETFs, Stocks, Bonds, Futures, Options, Crypto
Trading Platforms:MT4, MT5, Proprietary, AvaSocial, AvaTradeGo, AvaOptions, WebTrader
Trading Desk Type:Market Maker
OS Compatability:Desktop platform (Windows), Desktop platform (Mac), Web platform
Mobile Trading Options:Android, iOS
AvaTrade is a broker that provides a great range of trading accounts and platforms to trade on more than 1,250 instruments covering Forex, stocks, indices, commodities, cryptos and FX options. Regulated by eight financial regulators around the world, the services are mainly geared towards beginners but there are some useful tools for advanced traders as well.
From our live testing, opening an account with AvaTrade was fast and very simple. There are different investor protections depending on which jurisdiction you open an account with but everything is laid out transparently on the broker’s website which is always good to see.
While there are a lot of platforms geared towards advanced traders such as MetaTrader 4, MetaTrader 5 and AvaOptions, beginner traders will be able to navigate the AvaTradeGo mobile trading app with ease.
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