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Best Forex Bonus and Promotions 2022

Updated: Dec 01, 2022
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Table of Contents

The brokers below represent the best Forex Bonus and Promotions Brokers.

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BrokerOfficial SiteRegulationsMin DepositMax LeverageTrading PlatformsFoundation YearPublicly TradedTrading Desk TypeCurrenciesCommoditiesIndicesStocksCryptooffers promotions
GO Markets
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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

$100

1:30 (ASIC), 1:30 (CySEC), 1:500 (FSC)

MT4, MT5, WebTrader

2006

ECN, STP

FBS
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Your capital is at risk

ASIC, CySEC, FSCA, FSC

$1

1:30 (ASIC), 1:30 (CySEC), 1:500 (FSCA), 1:500 (FSC)

MT4, MT5, Proprietary

2009

ECN, No dealing desk, STP

OCTAFX
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Forex margin trading involves substantial risks

CySEC, SVGFSA

$50

1:30 (CySEC), 1:500 (SVGFSA)

MT4, MT5

2011

ECN, STP

IronFX
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Your capital is at risk

FCA, CySEC, FSCA

$100

1:30 (FCA), 1:30 (CySEC), 1:500 (FSCA)

MT4

2010

Bank, ECN, STP

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

Regulated by:ASIC, CySEC, FSC

Headquarters:Australia

Foundation Year:2006

Min Deposit:$100

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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.

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.

Pros: Cons:
  • Tight spreads.
  • Low commission.
  • Commission-free trading account.
  • Slow customer support.
  • No web platform.
  • Inactivity fee.
  • Outdated research.

FBS

Regulated by:ASIC, CySEC, FSCA, FSC

Headquarters:Belize

Foundation Year:2009

Min Deposit:$1

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Your capital is at risk

FBS Markets Inc. is a Forex and CFD broker that offers its services across the globe. The company was established in 2009 and since then, the brand has grown in size, capacity and technology. It offers currency pairs, CFDs, stocks, metals and cryptocurrencies on MT4 and MT5 platforms.

FBS Markets offers 37 currency pairs, 4 metals, 3 CFDs, 4 cryptocurrencies and 32 stocks.

FBS provides the MT4 and MT5 trading platforms as WebTrader, desktop applications and mobile applications. For leverage accounts, this brokerage offers leverage of up to 3000:1.

Pros Cons
  • Broker is regulated by CySEC and the IFSC
  • Access to investor compensation in case of broker fraud
  • Comprehensive trader education
  • Good variety of research tools
  • Low capital requirements for account opening
  • Spreads are higher than many retail brokers
  • Regulation of global brand is not as robust as the EU brand
  • Leverage offered on global brand is too high (careful risk management is a must)

OctaFX

Regulated by:CySEC, SVGFSA

Headquarters:Saint Vincent and the Grenadines

Foundation Year:2011

Min Deposit:$50

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Forex margin trading involves substantial risks

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.

Pros: Cons:
  • Wide range of trading accounts (Micro, ECN, Pro, Sharia) for beginners and advanced traders
  • Can access Forex ECN with 1:500 leverage
  • Trade on MT4, MT5 and cTrader across Desktop, Web and Mobile
  • Access copy trading, bonus promotions and a wide range of research tools
  • Decision between CySEC regulated OctaFX.eu, or St.Vincent and the Grenadines registered OctaFX.com
  • Limited commodity markets, no individual Stock CFDs
  • Limited deposit and withdrawal options – only through Neteller, Skrill or Bitcoin*

IronFX

Regulated by:FCA, CySEC, FSCA

Headquarters:Cyprus

Foundation Year:2010

Min Deposit:$100

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Your capital is at risk

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.

Pros Cons
  • Seven accounts to choose from.
  • Multiple deposit and withdrawal options.
  • Islamic account option for four accounts.
  • An unregulated entity in Bermuda.
  • Weak research support.
  • High spreads for some instruments.

Trade With A Regulated Broker