Trading Promotions and Broker Bonus

Trading with bonus funds or using other online trading promotions can give your account a boost. Here we list the best broker bonus offers and other trading account promotions 2021.

Broker Bonus Offers

Bonus: $100 Deposit Bonus Offer
The leading US trading Exchange. Nadex offer genuine exchange trading to US clients on Binary Options. Fully regulated by the CFTC.
Bonus: $5 in BTC. Terms and Conditions Apply. See Review
Coinbase is the easiest place to buy, sell, and manage your cryptocurrency portfolio.
This post contains affiliate links, and this website will be compensated if you make a purchase after clicking the links.
Bonus: Tiered deposit bonuses up to $105
Quotex offers a proprietary web platform that offers digital options and copy trading.
Bonus: $4,000 switching bonus
M1 Finance offers customizable and automated trading services for US investors.
Bonus: 100% deposit bonus up to $20,000
LQDFX offers online trading with multiple STP accounts and MT4 analysis tools.
Bonus: 60 days free trades when depositing $3k
One of the largest discount brokers in the US, with a fixed trading commission and access to a large array of trading products and securities
Bonus: Two free stocks joining bonus
Webull offers a leading online stock trading app with low fees and generous bonuses.
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Latest Trading Promotions

Crypto.com Drops Fees For NFT Traders & Creators

Until 31 December 2021, Crypto.com is offering reduced fees for NFT traders and creators. The move will be welcomed by aspiring token creators while active traders can maximise returns when buying and selling assets.

Axiory Reintroduces Anniversary 50% Deposit Bonus Up To $5,000

Axiory is relaunching one of its limited-time bonus schemes from 2020 thanks to the huge global success of the programme. The anniversary 50% deposit bonus is here to stay, hoping to draw in new clients and retain existing ones by improving their trading capacities and ability to jump on new opportunities.

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FBS: $140 Level Up Bonus

FBS is a top-rated broker offering up to $140 in free trading capital. The new bonus can be used to trade on the company’s range of forex and CFD assets. Find out how to qualify for the welcome bonus, along with any withdrawal terms and conditions.

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FBS Makes Copytrading Risk-Free On Your First Three Trades

FBS is making copying trading risk-free for first-time traders. On copy trades up to $100, your losses will be covered on the first three trades. And, if you make a profit, you get to keep your rewards. This leaves traders with just two outcomes: making money or retaining their original deposit amount.

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RoboForex Launches Raffle With $1.1m In Prizes

RoboForex’s latest raffle will run from July 2021 through to April 2022. More than 500 prizes from $1,000 to $20,000 will be distributed to lucky winners over the next 10 months. Each month the company will reward those with special coupons a combined $110,000 across 54 prizes. Users can earn up to three coupons across separate categories each month.

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Moneta Markets Offers 50% Deposit Boost

Online retail broker Moneta Markets is offering a 50% deposit bonus when you fund your account with $500. Clients simply need to opt-in on the broker’s website, fund their account and then log in to the platform to start trading with the bonus funds.

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FBS Offers A 100% Deposit Bonus Up To 10,000 USD

Cyprus-headquartered FBS is offering a hefty deposit bonus for aspiring traders. Investors simply need to make a qualifying deposit and activate the bonus within 30 days to utilise the promotional funds. Review the terms and conditions below and start trading today.

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NordFX To Give Away 100,000 USD In Super Lottery

100 NordFX clients will win big in the forex broker’s Super Lottery draw. Cash prizes start at $500 with one lucky winner taking home an impressive $20,000. Entry requirements are low and winners will be announced at the end of the year. Find out how to get involved for your chance to win.

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What is a Trading Bonus?

If you want to use brokers with bonus offers or other incentives, it’s important to understand the different varieties out there. From no deposit bonus schemes to explaining why free bonuses are usually not free at all, we will explore the bonus and promotion offers at a range of brokers. We detail the types of bonus available, why forex trading bonuses might differ and which strategy can maximise bonus returns. We also reveal why the key to bonuses is always to read the terms and conditions.

A bonus provides you with potentially free money for trading and is normally offered by a broker as an incentive to attract new clients who can then try trading with little or no risk.

There are different types of trading bonus offers and requirements for getting the bonus paid out to your account. We detail these below.

No Deposit Bonus

The no deposit bonus is the most lenient of bonuses, as it does not require you to deposit any funds at all before you get the bonus. Normally a broker wants you to at least deposit some funds with them before you can get your bonus, but with a “no deposit” bonus they allow anyone to get the bonus after creating a new account.

Note that there might still be requirements to fulfil before you can get your trading profits paid out, and those requirements might be stricter for this kind of bonus than for others. Normally you have to trade a certain total volume before you can withdraw the profits derived from the bonus money.

Considering how generous it is to hand out free money to new traders, that makes a lot of sense. Make sure you are ok with those requirements before you sign up.

Welcome Bonus

A “welcome bonus” is a way to reward new traders who sign up for an account, to make them feel welcome and to make it easier for new clients to start trading right away. A welcome bonus might require you to make a deposit, so make sure you agree with the bonus requirements before you sign up.

Deposit Match Bonus

The “deposit match bonus” will match a percentage of your deposit, up to a certain maximum amount.

For example, if the bonus is a 30% match up to $5,000, and you deposit $1,000, you will get an additional $300 from the broker ($1,000 * 30%). With this example offer the most you can get is $5000, which you would get when depositing at least $16,667 ($16,667 * 30% = $5,000). Even if you deposit more than that, you will still only get the maximum $5,000.

Note – we have seen alternate definitions of the maximum amount, where 30% match up to $5,000 would rather mean that even if you deposit more that $5,000, you will only get the 30% paid out on $5,000. In other words, the maximum amount pertains to the maximum deposit on which you will get the 30% bonus, and NOT how much bonus you can maximally get.

OBS! For a serious trader the distinction between the two maximum amount definitions can make a big difference, so make sure you understand the requirements before signing up and depositing.

Considerations

Most bonus types have requirements regarding how much you have to trade before you can withdraw profits. For some traders this is ok, while to others it becomes a source of frustration.

Due to bonus abuse by many unscrupulous traders, the requirements have by necessity become so strict that you might be better off without one. However, it’s impossible to give individual advice, as it comes down to how much money you want to trade with and how long you can wait before you make a withdrawal.

In the long run a trading bonus will not make a huge difference to many traders, and might make things feel more complicated and thus spoil the joy of trading. Only use a bonus if you feel it makes sense to you personally.

Further Reading

FAQ

Do I have to accept a broker's trading bonus?

Normally you don’t have to accept a bonus deal just because a broker is offering one. You might have to explicitly opt out of a bonus however, so make sure to check the terms and conditions when signing up.

Is a bonus basically free money?

While a bonus offer can sometimes sound like free cash with no requirements involved, there are always terms and conditions attached. If this wasn’t the case, what would stop dishonest traders from just withdrawing the funds without trading?

Which Brokers Have Bonus Offers?

Due to regulation in many countries, it can be hard to find brokers with a bonus. However, we have collated all available  bonuses here and also list other kinds of ongoing trading promotions and incentives.

Traders that are looking for a promotional offer should see our our list of brokers with bonus offers.

Note that using a broker’s bonus offer is not necessarily best for all traders. Always read the terms and conditions, especially what’s required to “clear” the bonus (i.e., what you have to do to receive the full amount).