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Forex Promotions and Bonuses 2026: Every Broker Offer, Checked

Every broker promotion we list, in one place: deposit bonuses, welcome credit, cashback, loyalty rewards, contests and referral offers, each with the headline figure, the catch and a link to the full terms.

14offers listed
7bonus-type guides
4regions where banned
0paid rankings

All forex promotions

14 offers
XM logoXMCompetition$25,000weekly prize pool

XM Demo Trading Competition

Free-entry demo contests for new traders, including a $25,000 weekly prize pool shared by 100 winners, plus live competitions.

WriterAbir KhanWriterWrites the guides · checks every figure against primary sources View profileAbout Abir →Abir KhanWritten byAbir KhanWriter
Market analysisTanbir Habib RiyadForex & Crypto AnalystForex and crypto analyst · technical and fundamental analysis View profileAbout Tanbir →Tanbir Habib RiyadMarket analysis byTanbir Habib RiyadForex & Crypto Analyst
Fact-checking & riskJannatul FerdaushFact-Checker & Risk AnalystFact-checks every figure · risk analysis · Applied Statistics, University of Dhaka View profileAbout Jannatul →Jannatul FerdaushFact-checked byJannatul FerdaushFact-Checker & Risk Analyst
Trading reviewJowel RanaCo-Founder & Forex TraderCo-founder · forex trader · reviews guides from a trader's view View profileAbout Jowel →Jowel RanaReviewed byJowel RanaCo-Founder & Forex Trader
Final approvalRanjan NiskrityFounder, Owner & Forex TraderFounder and owner · forex trader · signs off every guide View profileAbout Ranjan →Ranjan NiskrityApproved byRanjan NiskrityFounder, Owner & Forex Trader
Review MethodologyMethodology
An FX Recap team effort, from Abir Khan to Ranjan NiskrityTap a photo to see who did what

Last verified Against each broker's own terms

CFDs are complex instruments and carry a high risk of losing money rapidly due to leverage. A bonus or reward does not reduce that risk. Offers change often and vary by country and broker entity; confirm the live terms on the broker's site. Some links are affiliate links; they never change which offers we list or how we describe them.

Guides by bonus type

Each guide compares every offer of that type, explains the terms and shows where it is allowed.

What a forex promotion really is

A forex promotion is a broker's incentive to open or keep an account: extra credit matched to a deposit, a small amount of free credit, prize money from a contest, money back on each trade, a free server for automated strategies, or education such as courses and webinars.

None of it is a gift. Every offer comes with conditions, and those conditions decide whether it is worth anything. This page lists the offers we track and explains how to read the small print before you commit.

Promotion types side by side

A quick way to size up the common offers. Figures are typical ranges; exact terms vary by broker and country.

Promotion typeTypical sizeDeposit needed?Can you withdraw it?Best for
No-deposit bonus$10 to $50, sometimes moreNoProfits only, after a volume targetTrying live trading for the first time
Welcome bonusA fixed amount or a first-deposit matchUsuallyProfits onlyNew account holders
Deposit match20% to 100% of a deposit, cappedYesProfits onlyTraders funding an account anyway
Cashback or rebateA fixed amount per lot tradedYesYes, paid as cashActive traders and scalpers
Loyalty programmePoints or rebates by volume tierYesCash rewards, yesRegular, higher-volume traders
Trading contestA prize pool shared by the winnersDemo: no; live: sometimesPrize money, yesCompetitive traders
Referral rewardA fixed amount per funded friendYes (your friend)Usually, yesTraders with a network

Where forex bonuses are allowed

Strict regulators protect retail clients partly by banning incentives, which is why most offers run through brokers' entities outside Europe, the UK and Australia.

RegionRegulatorPosition on bonuses
European UnionESMA and national regulatorsBonuses and other incentives on CFDs are banned for retail clients.
United KingdomFCABanned for retail CFD and spread-betting clients.
AustraliaASICBanned for retail clients since March 2021.
United StatesCFTC and NFADeposit bonuses are effectively unavailable to US retail forex clients.
Offshore entitiesFSA Seychelles, VFSC, FSC Mauritius and othersWhere most bonuses are offered, including by brands with top-tier licences elsewhere.

Check your own country on our forex legality map.

How to pick the right promotion

Check the broker first, then judge the offer on these points.

  1. Check the broker first

    Look up the licence of the company you would sign with on the regulator's own register. A regulated broker has rules to follow and client money to segregate.

  2. Do the lot maths

    Divide the bonus by the lots you must trade to unlock it. A $50 bonus needing 5 lots is far more reachable than $100 needing 100.

  3. Know the cap

    A 100% match capped at $500 adds $500 on a $1,000 deposit and the same on $5,000, so deposit to the cap, not beyond it.

  4. Confirm it applies to you

    Many offers exclude certain countries, account types or clients of the broker's stricter entities.

  5. Check your markets qualify

    Bonus credit may only work on some pairs, and can exclude gold, indices or crypto.

  6. Give yourself enough time

    A 7-day window with a 20-lot target suits almost nobody. Look for 30 to 90 days.

Terms worth knowing before you claim

Volume (lot) requirement

The trading volume needed before bonus profits can be withdrawn. The single term that matters most.

Expiry date

Miss the target in time and the bonus, and often the profit made with it, is removed.

Credit, not cash

The bonus sits in the account as trading credit; only the profit on top can be withdrawn.

Withdrawal rules

Some brokers remove the bonus in proportion to a withdrawal; others cancel it entirely.

One per person

Most offers allow one claim per person, household or IP address. Extra accounts get closed.

Maximum cap

Every percentage match stops at a ceiling. Check it before choosing how much to deposit.

How to grow a $100 account

No shortcuts: the habits that keep a small account alive long enough to grow.

  1. Weeks 1 to 2: trade the smallest size

    Stick to 0.01-lot trades and risk no more than 1% to 2% of the account on any trade, a dollar or two on $100. A standard lot moves about $10 per pip on EUR/USD and can empty a small account in minutes.

  2. Month 1: aim for consistency

    A 5% to 10% month on $100 is only $5 to $10. The point is building the habit of trading a plan, not the figure.

  3. Months 2 to 3: let compounding work

    As the balance grows, position sizes grow with it. At a steady 8% a month, $100 becomes about $250 in a year with no extra deposits, though real results are never that steady.

  4. Ongoing: test ideas on bonus credit

    A small no-deposit bonus makes a useful separate account for trying new ideas without risking the main balance.

Model it yourself with the compounding calculator and size each trade with the position size calculator.

Red flags in forex promotions

Bonuses of 200% or more

Oversized matches usually come with impossible volume targets or from firms with no real licence.

Your own deposit is locked

Legitimate terms lock the bonus, never your money.

Pressure to deposit quickly

"Today only" offers pushed by phone or messaging apps are a classic scam tactic.

No terms you can read

A real promotion has published terms on the broker's own site. If you cannot find them, do not claim it.

Unsure about a firm? Check our scam broker blacklist.

Running a promotion? List it on FX Recap

Brokers can submit bonuses, contests and other offers for listing. Every listing goes through the same checks as our reviews, carries a clear sponsored label where applicable, and must meet our advertising guidelines.

Submit your promotion

Forex promotion FAQs

Which forex bonus is best for me?

There is no single best bonus. If you are new to live trading, a no-deposit bonus from a regulated broker lets you try real markets without funding an account. If you are funding an account anyway, a deposit match can stretch your capital, as long as the volume target is realistic.

How does a no-deposit bonus work?

You open and verify an account and the broker credits a small amount of trading funds without a deposit. Once you trade a set volume within a time limit, you can withdraw the profit, but not the bonus itself.

Which brokers offer a 100% deposit bonus?

Among the offers we list, HFM runs a 100% deposit bonus up to $50,000 and IC Markets a 100% first-deposit bonus up to $1,000, both through offshore entities. Offers change often, so check the live terms.

Does Exness offer a deposit bonus?

No. Exness does not offer deposit or no-deposit bonuses; it competes on spreads and fast withdrawals and offers a free demo account.

Can I claim these bonuses wherever I live?

No. Retail bonuses are banned in the UK, the EU and Australia, and are effectively unavailable in the US. Most offers are open only through brokers' offshore entities in eligible countries.

What is the catch with deposit bonuses?

The bonus is trading credit, not cash. You can withdraw the profit made with it only after meeting a volume requirement within a set time, and withdrawals may cut the bonus.

Is any forex bonus free money?

No. Even a no-deposit bonus requires identity checks and a volume target before profits can be withdrawn. A bonus is a way to learn or lower costs, not a guaranteed profit.

What does a "$100 bonus" mean?

Either a flat $100 credit, the same whatever you deposit, or a 100% match on a $100 deposit. Check which one the terms describe.

How often are these promotions checked?

Each offer card shows the date its page was last updated. We recheck offers when brokers change their terms, and at least every quarter.

Sources: ESMA: CFD product intervention measures, FCA PS19/18: restricting CFDs for retail clients.