Forex bonus, or if you are looking for many of these so called “forex bonuses”, are what reliable and regulated online forex brokers offer their new customers when they open a new forex trading account.
Forex bonuses provide the savvy or beginner forex trader the opportunity to trade with an initial leverage. In forex; leverage means that you get to trade with more money than you actually fund your account. When it comes to a forex bonus, this is a bit different.

Forex bonus is an added value that matches your first deposit in the various forex brokers and it provides you with more funds to use when you are trading, regardless to the fact that you also get a brokering leverage when you actually trade.

Forex bonuses come in many forms; there are consistent deposit matches which means that your account will be given an added value when you deposit funds over and over again; and it also comes in the form of a one-time added value on your first deposit.

Most reputable forex brokers offer the second kind of bonus. When you fund your account for the first time, the forex firms matches your first real money deposit by a certain amount of percentage in accordance to your first deposit; for example:

If broker “X” offer you a 50% deposit match of up to $1000; it means that if you open a new real trading account and make a first deposit of $1200, Broker “X” will instantly fund your account with an additional $600 that will go straight to your trading balance allowing you to trade with $1800 instead of the $1200 you initially deposited.
That kind of forex bonus gives you great value and extra trading leverage since you will also be granted with leverage of up to 1:500 with every broker you choose to trade with. (The average leverage given is 1:200).

With all of the above being mentioned; when you trade with leverage you need to be cautious.
It is truly appealing to trade with $200,000 when you actually made a deposit of only $1000, but there is a catch.
You may close higher trades and make more money initially (or in the long run), but you can also lose a lot more money. Forex trading is a risky business and you need to trade with confidence and responsibility since there is a lot of money on stake.

There are many forex brokers online and you need to be extremely picky when you choose a certain broker to trade with. There have been many cases of bad business practices and we make sure to list only reputable and REGULATED brokers in our website.

Choose a forex broker from our forex bonuses review list, visit them, see that the platform suits your visual needs and open a new forex practice account.
Once you are ready to make your first real money deposit, you can use many different payment methods and each and one of these usually grant you with a first time forex welcome bonus.

Trade safely and enjoy your “stay” at forexbonus.org.