Mitrade $100 Welcome Bonus Four-Tier Rewards Explained
The Mitrade $100 Welcome Bonus has four reward tiers. See how the structure works and what to know about the offer before deciding whether to claim i…
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Forex Broker Press Releases
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Retno Apriani Starts New Role at xChief Central Asia Ltd.
Retno Apriani started a new position as Business Development Specialist at xChief Central Asia Ltd. Read the career update and see her new role.
Laura Laucis Joins Exness as Payment Operations Specialist
Laura Laucis has started a new position as Payment Operations Specialist at Exness. Read the announcement about her career move.
Giovanni Fiume Joins FP Trading as Relationship Manager
FP Trading welcomes Giovanni Fiume as Client Relationship Manager and Business Development Manager. See the latest update on his new position.
Abdul Kaiyum Opu Takes on a New Role at EC Markets
Abdul Kaiyum Opu has started a new role as Business Development Manager at EC Markets. Read the announcement about his appointment.
Weltrade Welcomes MJ Givens Kgasi to Its Analyst Team
MJ Givens Kgasi has taken a new position as Financial Market Analyst at Weltrade. Read about this career move and the role.
Ceren Demir Joins Funded Trader Markets as Marketing Director
Ceren Demir appointment as Marketing Director at Funded Trader Markets is the focus of this company announcement. Read the full update here.
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Compare brokersFrequently Asked Questions
What is a Forex no deposit bonus?
It is free trading credit a broker gives new clients after registration and verification, without requiring a first deposit. You can trade live markets with it, and profits can usually be withdrawn after meeting the broker's trading volume rules.
How is a deposit bonus different from a no deposit bonus?
A deposit bonus is a percentage added on top of the money you fund, such as a 50% or 100% first deposit bonus. A no deposit bonus requires no funding at all but is usually smaller, for example $10 to $50.
How does GXMarkets choose featured brokers?
We check regulation and licensing, minimum deposit, leverage, account types (STP, ECN, Market Maker), spreads, deposit and withdrawal methods, support quality and the clarity of bonus terms before a broker is featured.
Can I withdraw profits made with a Forex bonus?
In most cases the bonus amount itself cannot be withdrawn, but profits can be withdrawn once you complete the required lots or trading days set in the broker's terms and conditions.
How do I vote in the Forex Brokers Award?
Click "Vote for Awards", pick your favorite broker in each category and submit your vote. Voting for the Forex Brokers Award is open now.
How to Choose a Forex Bonus and a Trusted Broker
A Forex bonus can give you extra capital to start trading, but the real value depends on the broker behind it and the rules attached to the offer. GXMarkets reviews each broker and each promotion so you can compare them side by side before you open an account.
Forex No Deposit Bonus vs Forex Deposit Bonus
A Forex no deposit bonus gives you free trading credit — usually $10 to $50 — just for registering and verifying your account. It is the safest way to test a broker's live conditions without risking your own money. A Forex deposit bonus adds a percentage (for example 30%, 50% or 100%) on top of the money you fund, which increases your margin but normally comes with lot-volume requirements.
What we check before featuring a broker
- 1Regulation & safetyLicence, client fund segregation and company history.
- 2Trading conditionsMinimum deposit, leverage, spreads and account types (STP, ECN, MM).
- 3Bonus termsLot requirements, time limits and whether profits are withdrawable.
- 4Payments & supportLocal deposit methods, withdrawal speed and support languages.
Forex No Deposit Bonus, Deposit Bonus and How to Pick the Right Forex Broker
A forex bonus can lower the cost of starting to trade, but only when it comes from a reliable broker with fair rules. Here is what each bonus type gives you and what to check before you sign up.
Forex No Deposit Bonus
A forex no deposit bonus is free trading credit, usually $10 to $50, that a broker adds after you register and verify your identity. You do not fund the account. It lets you test real spreads, execution and withdrawals with zero risk to your own money.
- Best for beginners and for testing a new broker
- The bonus itself is not withdrawable; profits usually are
- Expect a lot-volume target and a 30–60 day time limit
Forex Deposit Bonus
A forex deposit bonus adds a percentage on top of the money you fund, for example a 100% deposit bonus turns a $100 deposit into $200 of trading margin. The extra margin helps positions survive normal price swings.
- Best for traders who already plan to deposit
- Common sizes are 30%, 50% and 100%
- Check if the bonus can be lost when you withdraw early
Choosing a Forex Broker
The bonus is only as good as the forex broker behind it. A regulated broker with clear terms, fast withdrawals and fair spreads matters more than the size of any promotion.
- Confirm the licence and regulator
- Compare minimum deposit, leverage and account types
- Read the full bonus terms before your first trade
Start by comparing the latest no deposit bonus offers and deposit bonus offers, then check our best forex brokers list. Forex trading carries risk, so only trade with money you can afford to lose.
Forex Welcome Bonus, Demo Contests and Live Contests Explained
Brokers also reward traders with welcome offers and trading competitions. These promotions let you grow an account, test a strategy or win cash prizes, often with little or no money at risk.
Forex Welcome Bonus
A forex welcome bonus is a one-time reward for new clients, usually a fixed credit such as $30 to $100 or a match on the first deposit. It is designed to help you place your first trades with extra capital.
- Only for newly registered accounts
- Usually needs ID verification first
- Check the lot target before withdrawing profits
Forex Demo Contests
Forex demo contests run on virtual money, so you risk nothing. Traders compete for the highest return over a set period, and the winners receive real cash prizes or funded accounts.
- Zero risk – no deposit required
- Great for testing a new strategy
- Prizes are often credited to a live account
Forex Live Contests
Forex live contests use real trading accounts, so results reflect real market conditions. Prize pools are usually bigger, and some contests rank traders by profit while others rank by consistency.
- Requires a funded live account
- Bigger prize pools than demo contests
- Read the rules on minimum balance and lot size
Browse the latest forex welcome bonus offers, join a forex demo contest to practise risk-free, or compete in forex live contests for real prizes. Forex trading carries risk, so only trade with money you can afford to lose.