As you know that forex is very complicated right now because the appearance of many different services for serving traders. This leads traders to misunderstand and get wrong points about them. One of the most complicated points here is bonus, traders tend to get much benefits from it however to get the bonus or bonus profit, traders also have to complete all brokers’ requirements. There are many kinds of bonuses such as welcome bonuses, deposit bonuses and lot back bonuses in which welcome bonus is the most popular and easy- getting one for traders. Many trading beginners prefer welcome bonuses to other bonuses.

In this article, I only mention aspects of the best welcome bonuses (also called non-deposit bonuses) which is offered by brokers to new registrations are more popular among brokers. This kind of bonuses is the method that brokers often use to attract more traders. Meanwhile, traders get welcome bonus to test brokers’ trading conditions and also try out their trading strategies. In addition, they also sign in as many accounts as possible to be able to get the highest profit. If you are just a beginner in forex field, let’s read until the end of the article to have deep understanding of welcome bonuses.

  1. Standards of good forex welcome bonuses.

To be a good forex welcome bonus broker, broker must have the below criteria. Traders also pay attention on these aspects to choose the most reliable brokers for themselves.

  • Easy withdrawal conditions: Welcome bonuses are offered by brokers however brokers also orders some withdrawal conditions which traders must cover all to get that bonus or bonus profit. Some brokers don’t allow traders to withdraw bonuses, but its profit. Traders sometimes must complete minimum number of lot trades to get profit as well. There are also negative things of this profit. Traders usually get losses when they try to invest money to complete all required lot trades which is often over the profit given to them.
  • XM has the easiest withdrawal condition in which traders only need to complete 0.1 Lot to withdraw all profit.
  • Exness is the second easy withdrawal condition. Traders have to complete 1 lot to withdraw profit. -> Exness sign up.
  • FBS has 123 bonus program. Traders can get up to 123$ welcome bonus. For each trading lot, you can withdraw 3$ profit. Example: After 7 days trading, you won 60$. In order to withdraw that 60$, you have to trade at least 20 lot.
  • High welcome bonus value: Small traders and beginners are interested in the welcome bonuses because they can use that money to decrease the trading cost and minimize the risks. For bigger traders, they tend to ignore this welcome bonus because they invest a large amount of money with a big profit. So brokers should offer as high welcome bonus value as possible to attract more big traders. Below is my suggestion of some brokers with high welcome bonus for your reference:
  • FBS offers the highest welcome bonus Value: 123$.
  • XM and Exness offer the same welcome bonuses value: 30$
  • Reliable forex brokers: The best forex broker is very important to traders because the broker will be the best partner with traders in their trading path. Nevertheless, traders also should avoid cooperating with any cheating brokers. The best broker is not the perfect one because traders should consider other aspects of brokers such as local support, native language and their regulation, payment method before starting to cooperate with one broker. As the result, traders should choose the most reliable forex brokers for themselves.

XM is the most reliable forex broker among 3 above brokers. They are also the best forex broker for beginners.

2.How to choose the best forex welcome bonus brokers

Choosing the best forex broker is very difficult but selecting the best brokers with best welcome bonuses is more complicated for traders. Therefore, to help traders easily choose the most reliable forex welcome bonus brokers for themselves, I list down below three steps for your following, which is helpful and convenient for traders as well.

Step 1: List down 5 best brokers which are suitable for you.

Step 2: Choose best forex brokers that have good welcome bonus program. Of course these brokers are very good. So if they have welcome bonuses, it is much better for traders.

Step 3: Trade and get as much bonus as possible.

3.Ways to withdraw forex bonus profit

Brokers often have some withdrawal conditions to allow traders to get profit. These conditions sometimes lead traders to get losses because conditions are very hard and difficult to complete for traders, especially trading beginners. There are two popular ways that brokers allow you to withdraw bonus profit.

  • The first condition: Brokers allow withdrawing the profit if traders complete a certain number of trading lots.
  • The second way: Brokers don’t allow withdrawing bonus, but profit.                                   

4.Top 3 best forex welcome bonus brokers

I have traded with many traders for many years, I have experienced with various brokers in the world as well. To let traders easily find out and choose the best brokers with best welcome bonuses, I list down here top three best brokers for your reference:

  • XM
  • FBS
  • Exness

Among these three brokers, XM is more reliable broker. In addition, XM also offer deposit bonus at the rate 100%.

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