What is a forex vps?
Forex brokers run promotions to win new clients and keep active traders. The offers on this page are collected from broker announcements and promotion pages, and each guide explains the rules in plain words before you sign up.
A bonus can add margin to your account, pay you back part of your trading costs or give you a chance to win prizes. None of them removes the risk of trading with leverage, so read the conditions and only trade money you can afford to lose.
- No deposit bonus
- Fixed free credit, no funding
- Deposit bonus
- 20% – 100% of your deposit
- Cashback / rebate
- Money back per lot traded
- Contests
- Prizes for top traders
How to claim a forex bonus in 5 steps
Pick an offer and read the terms
Open the guide for the offer and check who can join, the trading volume needed, the time limit and any withdrawal cap.
Open or log in to a live account
Use the broker’s official promotion page. Some offers need a specific account type or a promo code.
Verify your identity
Upload a photo ID and a proof of address. Most brokers will not credit a bonus to an unverified account.
Activate the offer
Deposit if the offer requires it, then claim the bonus or register for the contest in the client area.
Trade within the rules and withdraw
Reach the required volume before the deadline, then withdraw the profit, cashback or prize as the terms allow.
Compare current forex vps offers
All offers on this page in one table. Amounts are shown as the broker announced them.
| Offer | Bonus | Type | Published | Guide |
|---|---|---|---|---|
| Enjoy $500 StartUp No Deposit Bonus | $500 | No deposit | 29 Nov 2021 | Read guide |
Bonus terms to read before you trade
Two bonuses of the same size can be worth very different amounts. These five rules decide what you can actually keep.
Trading volume
The number of standard lots you must trade before profit or cashback is released. One standard lot is 100,000 units of the base currency; a 0.01 micro lot counts as one hundredth of that.
Withdrawal cap
The most you can withdraw from bonus trading. A $30 bonus with a $100 cap can never pay out more than $100, however well you trade.
Time limit
Bonuses and any unmet volume usually expire after 30 to 90 days. Unused credit is removed at the end.
Allowed instruments and leverage
Some offers only count trades on major pairs, set a lower maximum leverage, or exclude scalping and hedging.
One bonus per person
Brokers check name, address, IP and device. A second account at the same broker normally cancels the bonus and the profit.
Example: how a 100% deposit bonus works
The figures below are an illustration, not the terms of any broker listed here.
The bonus gives you more margin, but your deposit is still at risk. If you withdraw before the volume target is met, most brokers remove the bonus first.
No deposit bonus vs deposit bonus
| No deposit bonus | Deposit bonus | |
|---|---|---|
| Money you put in | None | Your deposit |
| Bonus size | Fixed, usually $10 – $150 | A percentage, often 20% – 100% of the deposit |
| Your risk | No personal funds at risk | Your deposit is at risk |
| Best for | Testing a broker on live prices | Extra margin for an active trader |
Compare more offers on our forex no deposit bonus list.
Pros and cons of a forex bonus
Pros
- More margin or lower trading costs
- Test spreads, slippage and withdrawal speed at a new broker
- Real profit is possible within the cap
- Learn trading psychology with real, if small, stakes
Cons
- The bonus itself is rarely withdrawable
- Volume targets push some traders to overtrade
- Withdrawal caps limit the upside
- Usually offered by offshore entities with lighter regulation
Red flags to avoid
- A bonus that locks your own deposit. You should be able to withdraw your own money at any time.
- Terms you cannot find before sign-up. A real offer publishes its rules on the promotion page.
- No information about the company or licence. Check the legal entity name and where it is registered.
- Withdrawal fees larger than the profit. Check the payment methods page before you trade.
Tips to get the most from your bonus
- Trade small sizes such as 0.01 to 0.05 lots so one losing trade does not wipe out the credit.
- Use a stop-loss on every position.
- Plan the volume target across the full time limit instead of rushing it in the first days.
- Keep screenshots of the promotion terms on the day you claim.
- Withdraw profit as soon as you qualify, then decide whether to keep trading.