What is the Best Forex Broker with Welcome Bonus? Complete Comparison for 2025

Looking to open your first forex trading account? Besides competitive fees and reliable platforms, welcome bonuses can be an important factor to boost your initial capital. The good news is that many regulated brokers are competing with attractive offers in 2025.

In this guide, you will find a detailed analysis of 7 brokers offering generous incentives for new clients, including options with a minimum deposit of 5 reais. Let’s explore how much you can really earn even before risking your own money.

Comparing Real-Time Quotes

Before opening your account, check the main currency pairs:

• EUR/USD: 1.1777 (-0.15%)
• GBP/USD: 1.3500 (-0.11%)
• USD/JPY: 155.86 (-0.20%)
• AUD/USD: 0.6711 (0.14%)
• GBP/JPY: 210.33 (-0.32%)

Mitrade: Start with Just 5 USD Minimum Deposit

Mitrade is known for offering one of the lowest entry barriers in the market. With a minimum deposit of only 5 USD, anyone can start their forex journey. The platform provides access to over 450 financial instruments, from currency pairs like EUR/USD and USD/JPY to commodities and stocks of major companies.

Security credentials: The broker is regulated by the Cayman Islands Monetary Authority (CIMA - SIB 1612446), Australian ASIC (AFSL 398528), and Mauritius FSC (GB20025791).

Step-by-step bonus structure:

• US$ 10 upon registration
• US$ 5 for updating your profile
• US$ 30 on first deposit
• US$ 5 on first trade
• US$ 50 after accumulating lots as per requirements
• Total: US$ 100

Profits earned from the bonus can be withdrawn immediately. The tasks must be completed within 14 days of registration. You need to request the bonus within 10 days after completing the trading period. The promotion is valid only for the first 5,000 registrants.

XM: Free US$ 30 Without Mandatory Deposit

XM stands out for its generous approach: new traders receive US$ 30 without needing to deposit anything. The broker offers more than 1,000 different products, including currencies, commodities, metals, indices, and cryptocurrencies.

Regulations: The company holds licenses from FSCA (FSP 49976) and FSC (000261/397), plus over 70 industry awards.

How withdrawals work:

• The bonus is automatically credited to new accounts
• Profits can be withdrawn normally
• When you withdraw profits, the bonus is proportionally reduced

For example: if you receive a US$ 30 bonus, earn US$ 100, and withdraw 40% (US$ 40), the bonus balance also decreases by 40%. This is an intelligent way to allow beginners to test the platform with little risk.

Additional bonus: There is also a promotion for deposit bonuses up to US$ 5,000 for clients wishing to add more funds.

FBS: Free VPS for Active Traders

FBS offers a different approach, focusing on ongoing benefits. It provides a 100% deposit bonus as account credit, meaning you double your initial deposit.

Requirements to activate:

• Deposit at least US$ 450
• Trade at least 3 lots during the first month
• Activate VPS for free after meeting these criteria

The bonus request is made manually in the personal area. The credit expires automatically 30 days after deposit if not used. Profits can only be withdrawn after fulfilling all trading conditions. Note that ECN accounts and index/energy trades do not count toward the promotion.

FxPro: Trading Credit Up to 100 USD

Based in London, FxPro is one of the world’s leading brokers with multiple awards, including “Best Broker 2021” from the Ultimate Fintech Awards.

Account structure: The broker offers 4 account types (Standard, Pro, Raw+, and Elite) with access to over 2,100 financial instruments.

Regulation: FSC number GB21026568.

Welcome bonus:

• Deposit a minimum of US$ 50 on the MT5 platform
• Receive US$ 50 in additional trading credit
• Total of US$ 100 to start trading

You need to notify a representative via email, chat, or social media to claim the bonus. Rights are processed at the end of the month, with payments made the following month.

Tickmill: Automatic US$ 30 for New Accounts

Tickmill operates in over 200 countries with a monthly volume of hundreds of billions of dollars. The broker is regulated by the UK’s Financial Conduct Authority (FCA), number F007663.

Asset range: Currencies, stocks, indices, oil, gold, bonds, and cryptocurrencies on MT4/MT5 platforms.

No deposit bonus:

• US$ 30 credited automatically to new accounts
• No initial deposit required
• Start trading immediately

Promotional period: Accounts have 60 days from opening to trade with the bonus. After that, you can still withdraw or manage the account for another 14 days. The minimum profit for withdrawal is US$ 30, with a maximum of US$ 100.

AVATrade: Up to US$ 10,000 in Deposit Bonuses

AVATrade is one of the most regulated brokers in the market, with licenses from the Central Bank of Ireland (C53877) and additional regulations from 9+ international authorities, including CySEC, FSCA, and ASIC.

Asset coverage: CFDs on currencies, stocks, commodities, options, cryptocurrencies, indices, ETFs, and bonds.

Promotional structure:

• 20% bonus on your first deposit
• Up to US$ 10,000 in bonus funds
• Excess profits (above the deposit + bonus) are 100% withdrawable

Important conditions:

• Only for new accounts during the promotional period
• First deposit cannot exceed US$ 50,000
• Skrill and Neteller deposits are not included
• Verify your identity and make the deposit to receive the bonus
• The bonus itself cannot be withdrawn, only profits

Plus500: Tiered Bonus Up to US$ 13,000

Established since 2008, Plus500 is a CFD broker regulated by multiple authorities: FCA (FRN 509909), Cyprus Securities and Exchange Commission (250/14), and MAS (CMS100648).

Layered bonus offers:

• Minimum deposit of US$ 200 → US$ 70 bonus
• Minimum deposit of US$ 300 → US$ 88 bonus
• Up to US$ 13,000 upon reaching required trading volume

Requirements and limitations:

• Enter bonus code before the first deposit
• Trading bonus cannot be withdrawn as cash
• Bonus expires 90 days after the first deposit
• Only profits can be withdrawn

How to Choose the Best Option for You

Each broker has a different profile. If you want to start with the lowest possible deposit, Mitrade with 5 USD is unbeatable. If you prefer to fund without depositing anything, XM or Tickmill are excellent choices. For those looking to maximize initial capital, AVATrade offers up to 10,000 in bonuses.

Remember: no bonus replaces a good trading strategy. Choose a broker that combines attractive bonuses with:

• Reliable platforms (MT4/MT5)
• Solid international regulation
• Competitive spreads
• Responsive customer support

Promotions are subject to change, so always check the latest conditions on the broker’s website before registering. The forex market offers many opportunities but requires education and discipline. Use these bonuses to practice and learn before risking your own capital.