Different Types of Forex Bonuses
Before having a thorough look at different bonus types, I want to discuss what a Forex bonus is. A Forex bonus is seen as a regular promotion that is offered either to a new customer or to an existing and already registered customer on a website. It’s necessary to make an official registration in the website to get the bonus from the best forex brokers in the world.
Remember that several best promotions and special offers that different brokers provide for you are valuable. Let’s get started with being aware of types of Forex bonus as follows.
Forex deposit bonus
From its name, you can easily guess that a Forex deposit bonus is a bonus that is closely connected to the deposits you make. Usually, such a bonus is available for all the clients when they’re involved in forex trading. The only condition is to make a deposit – either an initial, or a next one in the website. If you have no registration on the website, nothing will happen to you.
Keep in your mind that percentage (%) is used to measure the forex deposit bonus 2019. This example will clarify a slight idea about this type of a special promotion on a foreign currency exchange platform. Think about a 50% deposit bonus provided with you and you make a deposit of $100. When you make the transfer with one of the available payment methods, you will have not $100, but $150 will be moved to in your account to trade with.
Welcome Forex bonus
The welcome Forex bonus (called the no deposit bonus) will be only offered to new customers. Those bonuses are not for you if you are an old and regular client of a broker you can still, though use the deposit bonus only.
Brokers tend to offer this kind of bonus to attract new clients by giving them chances to check the broker without or with less risk, but with a particular amount of money given by the best forex brokers for beginners. A welcome bonus, on the other hand, can be either a no deposit bonus, or an ordinary deposit bonus. It usually depends on the Forex policy of each broker.
Loyalty bonus
This kind of bonus is mainly for a regular customer and an old trader on a website. It will reward with some of its special programs for loyal clients. What you need to do is staying on the website for some time and then to claim for such a bonus. Your experience on the website is the main reason for you to be given a Forex bonus.
Top 4 best forex bonuses
In my own opinion, I’ve carried out my own researches to determine which one among the top brokers offer the better bonus programs. Up to now, I’ve narrowed the list down to 4 brokers that offer the best bonus programs comparing to the other brokers. They deserve to be top good brokers as follows:
- Best welcome bonus – XM: 30$ welcome bonus
- Best welcome bonus – FBS: 50$ welcome bonus
- Best deposit bonus – XM: 100% deposit bonus
- Exness reviews: Rebate 2 – 16$ per lot
From the above-mentioned information, I hope that it’s more easy for you to choose a broker with the best welcome bonus.
