William contributes to several investment websites, leveraging his experience as a consultant for IPOs in the Nordic market and background providing localization for forex trading software. William has worked as a writer and fact-checker for a long row of financial publications.
Tobias is a partner at DayTrading.com, director of a UK limited company and active trader.
He has over 25 years of experience in the financial industry and contributed via CySec to the regulatory response to digital options and CFD trading in Europe. Toby’s expertise and dedication to financial education make him a trusted voice in the industry, including a BBC investigation into digital options.
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 promotions in November 2024.
Top 10 Broker Bonus Offers
These brokers offer the most attractive trading bonuses available today:
Click a broker for details
1
FOREX.com
Active Trader Program With A 15% Reduction In Costs
Securities trading offered by eToro USA Securities, Inc. (“the BD”), member of FINRA and SIPC. Cryptocurrency offered by eToro USA LLC (“the MSB”) (NMLS: 1769299) and is not FDIC or SIPC insured. Investing involves risk. https://www.daytrading.com/ is not an affiliate and may be compensated if you access certain products or services offered by the MSB and/or the BD.
Here is a short overview of each broker's pros and cons
FOREX.com- Founded in 1999, FOREX.com is now part of StoneX, a financial services organization serving over one million customers worldwide. Regulated in the US, UK, EU, Australia and beyond, the broker offers thousands of markets, not just forex, and provides excellent pricing on cutting-edge platforms.
eToro USA- eToro is a social investing platform that offers short-term and long-term trading on stocks, ETFs, options and crypto. The broker is well-known for its user-friendly community-centred platform and competitive fees. With FINRA and SIPC oversight and millions of users across the world, eToro is still one of the most respected brands in the industry. eToro securities trading is offered by eToro USA Securities, Inc.
Pocket Option- Established in 2017, Pocket Option is a binary options broker offering high/low contracts on forex, stocks, indices, commodities and cryptocurrencies. With over 100,000 active users and a global reach, the platform continues to prove popular with budding traders.
IQCent- IQCent is an offshore binary options and CFD broker based in the Marshall Islands. The brand continues to offer a range of unique account types with bonuses and perks, including payout boosts, TradeBacks and free rollovers. With 100+ assets, around-the-clock trading and 98% payouts, the firm is popular with aspiring short-term traders.
Plus500 US- Plus500 is a well-established broker that entered the US market in 2021. Authorized by the CFTC and NFA, it provides futures trading on forex, indices, commodities, cryptocurrencies, and interest rates. With a 10-minute sign-up, a manageable $100 minimum deposit, and a straightforward web platform, Plus500 continues to strengthen its offering for traders in the US.
Moomoo- Moomoo is an SEC-regulated app-based investment platform that offers a straightforward and affordable way to invest in Chinese, Hong Kong, Singaporean, Australian and US stocks, ETFs and other assets. Margin trading is available and the brand offers a zero-deposit account as well as several bonuses.
Capitalcore- Capitalcore is an offshore broker, based in Saint Vincent and the Grenadines and established in 2019. Traders can choose from four accounts (Classic, Silver, Gold, VIP) with lower spreads and larger bonuses as you move through the tiers. Where Capitalcore distinguishes itself is its high leverage up to 1:2000 and zero swap fees, though these don’t compensate for the weak oversight from the IFSA and paltry education and research.
CloseOption- CloseOption is a Georgia-headquartered broker with over a decade in the trading industry. The brand offers high/low binary options trading on forex and crypto markets, with decent payouts, welcome bonuses, 24/7 customer support and intuitive trading software.
Videforex- Launched in 2017, Videforex offers access to stock, index, crypto, forex and commodities markets via binary options and CFDs. The proprietary platform, mobile app and integrated copy trading are user-friendly and will suit new and casual traders, and the market analysis tools and trading contests provide good ways to improve your trading skills.
xChief- xChief is a foreign exchange and CFD broker, established in 2014. The company is based offshore and registered with the VFSC and FMA. Users can choose between a wide selection of accounts and base currencies, making ForexChief accessible to global traders. The brand also stands out for its no deposit bonus and fee rebates for high-volume traders.
Trading Promotions and Broker Bonus Comparison
Trading Promotions and Broker Bonus Comparison
Broker
Bonus
Minimum Deposit
Instruments
Active Trader Program With A 15% Reduction In Costs
Popular discount broker, Firstrade, is offering up to $250 in transfer fee rebates for traders that use the straightforward switching service. Traders must transfer at least $2,500 and keep the account open for 12 months.
The World Forex Jet Trade promotion is doubling deposits for new traders. The funds can be used to speculate on the broker’s wide range of instruments, including CFDs on stocks, forex, commodities, and digital contracts.
European binary options broker, CloseOption, is running a weekly trading competition on its web-based platform. Participants are given $10,000 in virtual funds and the traders that accumulate the highest balance at the end of the contest are awarded cash prizes.
ForexChief is offering a $100 no deposit bonus to new clients that open a live trading account, verify their profile, and install the Android app. Bonus funds can also be withdrawn once turnover requirements have been satisfied.
Multi-asset broker, World Forex, is running a Cashback Club where account holders can get money back on each lot they trade. Promotional funds can either be withdrawn for real money, exchanged for other bonuses and rewards, or traded in other assets.
Coinexx is offering a 100% deposit bonus available as extra margin on live trading accounts. The funds can be used to increase trades or take positions on multiple assets. The sign-up offer is available to all new clients and can be used with 1:200 leverage.
New users can get free stocks when they join Moomoo’s commission-free trading app. Up to 15 stocks are available, worth between $3 and $2000 each. The broker is also doubling the chance of winning AZO, APP, and TSLA shares. Find out how it works.
As the US election looms large over the markets, Saxo is offering commission-free trading on 100 popular stocks, including Apple, Microsoft, Tesla and Nvidia.
Popular binary options broker, Pocket Option, is offering a limited-time offer. New users that register for a live trading account and deposit $50 can claim a 50% payment bonus.
The 9th Global Trading Competition at TMGM is an exciting opportunity to showcase your trading skills and win cash prizes from a pool totaling 468,600 USD.
Binance is offering zero-fee trading on its selection of Bitcoin spot trading pairs. The promotion goes live amidst the greatest uncertainty in the crypto markets since 2020. And while the fall in Bitcoin’s price may deter many traders, some investors will be looking to capitalise on the current market volatility.
PU Prime is offering a generous bonus on first and second deposits. The trading credit can be used to boost your account margin and market exposure. The offer is available on Standard, Prime and Islamic accounts.
Australian-headquartered Vantage is running a points-based loyalty scheme. You can earn V-points each time you trade, with the number of points awarded based on your tier (Bronze to Platinum). Loyalty points can be redeemed for a range of perks, including deposit rebates and the Wheel of Fortune.
Hundreds of NordFX clients could win cash prizes in the Mega Super Lottery. Users simply need to deposit at least $200 and trade 2 lots to receive a ticket. There is no limit on the number of lottery tickets per trader.
Popular global broker, IronFX, is offering a 40% Power Bonus. The promotion is available to traders with a Standard, Premium or VIP account. The bonus credit can be used to trade on the firm’s 300+ CFD instruments.
Deposit $300+ and after 30 days AdroFX will recover up to 30% of your initial investment. Basically, you keep any profits but AdroFX will share the risk.
Skilling is topping up accounts with a $30 welcome bonus. New users can trade 900+ instruments on the MT4 and cTrader platforms. Spreads start from 0.2 pips and there are no commission fees.
Popular broker, RoboForex, is offering up to 10% in extra funds to active traders. The program is available on all live accounts, including ECN, Prime and CopyFX. Clients can choose whether to withdraw the money or trade on the broker’s 12,000+ instruments spanning 8 asset classes.
Top-rated forex and CFD broker, XTB, is running a flexible cashback program that rewards clients based on trading activity. The more users trade, the more cashback they earn. Cashback is automatically credited to client accounts within seven days of the previous month’s end.
Traders that open an account with Vantage and deposit $1000 can qualify for free VPS hosting. A VPS ensures trading connectivity so that the MetaTrader 4 platform can run around the clock with no downtime or interruption.
SimpleFX is offering a large welcome bonus to new clients. Promotional funds can be used to speculate on the broker’s 170 instruments, including forex, stocks, commodities, and cryptos. The bonus can also be withdrawn once the trading funds have been converted into account equity.
Dukascopy is offering a 20% discount on volume trading commissions. Clients have one year after signing up for the discount program to satisfy the volume conditions. We break down joining instructions and turnover requirements below.
FXCC traders that maintain account equity of $2,500 and trade 30 standard lots per month can qualify for a free virtual private server. The VPS service is managed by BeeksFX and offers faster order executions, secure servers, and round-the-clock access.
VT Markets will reimburse losses for new traders. Investors can get started in four steps and claim back losses within the Client Portal. The online broker will pay back up to 50 USD within 24 hours of users requesting the trade loss rescue.
Australian headquartered broker, VT Markets, is offering a 50% welcome deposit bonus up to $500. New traders can register for a live account in five minutes and the bonus credit is paid to client accounts within one working day. Find out how to get started.
FXCC is offering a 100% match deposit bonus to clients with an ECN XL account. Traders can claim the offer by emailing the broker’s customer support team and making a straightforward deposit. We unpack joining details plus key terms and conditions below.
eToro is offering a $250 bonus to users that deposit $5000 into a live account. Bonus funds will be credited to client accounts within 30 days following the end of the promotional period and can be used to trade 2000+ assets. Read on for key terms and conditions plus the perks of joining the eToro Club.
The XM virtual private server (VPS) is situated 1.5 kilometres from the broker’s data centre in London and offers optical fibre connectivity. Users can connect to the VPS from any location, making the most of XM trade executions. Find out how to qualify.
New and existing traders can claim up to $20,000 in the LQDFX deposit bonus. The offer is available on all live accounts (excluding PAMM) and can be used to trade on the broker’s 100+ list of instruments. Find out how it works.
IQCent is running a weekly trading contest available to all account holders. Clients that place the most trades during the promotional period will win cash prizes. Read on for joining instructions along with any trading limitations.
Finq is offering a first-time deposit bonus up to $4000. The minimum qualifying deposit is $100 and the broker offers a selection of fee-free payment options. Bonus funds can be used to take positions on Finq’s 2100-strong asset list. Read on for the details.
InstaForex is running a 100% deposit bonus. Traders can double their first deposit and use promotional funds to speculate on the broker’s 100+ currency pairs. Read on for joining instructions, plus bonus terms and conditions.
AAAFX is running a 100% deposit bonus for global clients. Promotional funds are added to client accounts as additional margin. Find out how to claim the welcome bonus and boost your trading funds.
New clients can increase their trading capital and margin when signing up with 4XC. The bonus funds are available on the MetaTrader 4 and MetaTrader 5 platforms and can be used to trade on the broker’s forex, commodity and crypto assets. Read on for the details.
PU Prime is offering a 100% trading bonus with cashback of $1.50 for every standard lot traded. The promotion can be activated in the client portal and rewards active investors. The bonus is available to both new and existing clients. Read on for the details.
Award-winning forex and crypto broker, AAAFx, is offering a free VPS for traders that deposit $5,000. The virtual private server ensures uninterrupted trading operations, lending it to automated investing strategies and trading signals. Read on for the details.
BinaryCent is running a weekly competition for new and experienced traders. It’s free to take part if you hold a live account and investors that execute the largest volume of trades will take the winning spots. Read on for contest rules and requirements.
VideForex is running a welcome deposit promotion. Clients simply need to open a live account and make a deposit to receive up to a 100% matching bonus. New traders can also claim a free gift at the registration stage.
Popular online broker, RoboForex, is offering a $30 registration bonus to all new traders. Investors simply need to complete the basic verification steps and make a qualifying deposit. The welcome offer is available with the Pro and ProCent trading accounts. Read on for the details.
The ForexCup Trading Championship is handing out a top prize of $50,000 to the investor that achieves the largest percentage gain. The contest is available to active traders and portfolio managers that hold an FXOpen ECN account. Participants simply need to meet the minimum deposit requirement and opt-in to the promotion.
Popular copy trading broker, AdroFx, is offering a 100% deposit bonus to new account holders. The promotional funds can be used to increase operational volumes and market exposure. The bonus can also be reactivated each time you make a qualifying deposit. Read on to find out how it works.
Popular binary options and CFD broker, RaceOption, is running a trading contest with serious cash rewards and bonuses. All account holders can participate in the trading tournament. Read on for a breakdown of the prizes and qualifying criteria.
SuperForex is offering a 75% Energy Bonus to account holders. The promotion tops up each new deposit with a 75% bonus, giving clients additional trading capital. Read on for terms and conditions plus registration instructions.
BinaryCent is running a staggered welcome deposit bonus. New joiners can increase their purchasing power when making an initial payment. Read on for key terms and conditions, alongside bonus details.
ECN and STP broker, SuperForex, is offering a 300% Hot Bonus for account holders. Clients simply need to hold a live account and deposit at least $100. There is also no limit on the maximum accumulated bonus. Read on to get started.
The SuperForex deposit bonus is available on payments from just $1. Profits can also be withdrawn in line with the broker’s bonus criteria. The offer is particularly popular with beginners starting out. Read on for a breakdown of key terms and conditions.
The award-winning forex and CFD broker, HYCM, is offering a 10% welcome deposit bonus for new users. Clients must sign-up with HYCM Limited, regulated by the Cayman Islands Monetary Authority (CIMA) to qualify. Find out how to open an account today.
Popular ECN broker, Tickmill, is offering a $30 welcome bonus for new investors. Account holders can use the bonus capital to speculate on forex, stocks and commodities, among other assets. The promotion is a great way for prospective investors to trial Tickmill’s products and tools before depositing their own funds.
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What is a Trading Bonus?
If you want to use a broker bonus offer or other promotion, 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.
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.
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).