Online Forex Trading Bonuses

If you want to begin forex trading, you will need to choose a quality broker. Yet, not all brokerage firms are alike, and some offer better features than others. For example, many will give you extra bonuses simply for opening an account! This can stretch your trading dollars further, and give you an immediate profit on your very first day. In fact, you can decide to risk only this added cushion, meaning your own funds won't even be exposed to the market. With such a powerful advantage, you can't afford to miss out on this type of opportunity.

Yet, which forex broker has the best bonus structure at the moment? Companies do change their limits from time to time, but in general you can find an initial deposit bonus of between 20-30 percent if you do some research. Further, some brokerage houses offer ongoing bonuses as well, with as much as 15 percent on each additional influx of funds. To help you determine which broker has the most generous payments, let's examine some available options in more detail below.

Plus500

First on the list of forex brokers who offer bonuses, is Plus500. They are offering a special promotion currently, which is for a limited time only. If you open a new account, they will credit you with $20! While this may not sound like a large amount, they don't require you to add any funds to gain this money. Therefore, you can begin trading for free, with none of your own capital involved.

If you're serious about forex trading, then $20 won't be enough to get started. If that's the case, you will be pleased to know that Plus500 has tremendous bonuses for deposits as well. If you place $500 in your new account, they will award you an extra $150. Amounts greater than $500 have a flat bonus of 20 percent, up to an incredible $10,000 added to a deposit of $50,000! As you can see, this is a terrific way to increase your trading capital, and it requires almost no effort.

eToro

Not only does eToro have one of the best forex trading platforms for social trading, they offer valuable bonuses too. They currently have three account options, and a Premium account has added features. One of these is an extra 5% bonus on deposits of $20,000 or more.

XForex

This brokerage firm also has three account types, and each has a bonus associated with it. If you have limited funds, then you'll be interested in the Mini account. You'll only need $100 for your first deposit, and you'll be given an added 10 percent bonus to this amount.

If you have at least $1,000, you can open a Standard account instead. It is worth your while to select this option, as your bonus percentage will increase from 10 up to 30 percent! Finally, XForex has a VIP account as well, and the bonus stays the same at 30 percent. Adding almost a third to your available funds without even trading, is an amazing deal you shouldn't ignore!

LiteForex

LiteForex is an attractive option, as they offer a bonus for both initial and ongoing deposits. This means you'll get extra funds every time you add money, which is an amazing program! When opening your account with LiteForex, you'll receive a 30 percent bonus on your first deposit.

However, you'll then be given a generous 15 percent bonus on every subsequent deposit as well, which can truly add up over time. The maximum bonus for one account is capped at $1,000. Further, LiteForex sponsors promotions and trading contests, and if you win you'll be granted special additional bonuses.

ForexYard

ForexYard is similar to the brokers mentioned above, as they also offer three account levels. For a small opening deposit, the SuperMini will give you a 10 percent cashback bonus, up to a $300 limit. The Standard account option provides 10 percent as well, but the limit is higher at $1,000. Finally, you could receive a switching bonus of up to $1,000 for opening a premium account.

TradingPoint

Along with LiteForex, this brokerage firm is the only company to offer ongoing deposit bonuses. TradingPoint will award you a 10 percent bonus on each deposit after your first one. Your initial deposit bonus is even bigger, with a respectable 20 percent given as a welcome to new account holders. If you plan on adding funds often, then one of these two options would be the way to go.

Conclusion

So, if you want to begin forex trading, using one of the above brokers is an excellent choice. After all, why work with a company that provides no added bonus, when you can earn extra money simply by opening an account? This is an opportunity which you ought to capitalize upon, and any one of these listed brokers will add to your deposited funds.

With this type of powerful program, you can begin turning a profit right away and gain extra money to trade in the market. So, why not choose your preferred company and open your account today? After all, you have nothing to lose except a valuable bonus.