Best Forex Brokers 2021, promo broker forex 2021.

Promo broker forex 2021


2. How can one start forex trading? In the process of exchanging, buying, or selling of foreign currency, forex brokers prove to be very useful.

Actual forex bonuses


Best Forex Brokers 2021, promo broker forex 2021.


Best Forex Brokers 2021, promo broker forex 2021.


Best Forex Brokers 2021, promo broker forex 2021.

They are also known as trading brokers, as they place a trade on behalf of the trader.


Best forex brokers 2021


Welcome to the world of foreign exchange trading or forex trading. This world has a lot to offer to those who understand its nitty-gritty. In this article, we have tried to present to you a comprehensive guide on choosing the most suitable forex brokers for your trading needs. We have also covered all the major related concerns around forex brokers such as the role of brokers, regulations, security, a list of top forex brokers, along with fundamentals of forex trading. So, without wasting a moment, let us start!


What is forex trading?


Foreign exchange trading is trading (i.E., buying or selling or exchanging) of one or more currencies instead of other foreign currencies. Forex can be translated into foreign exchange. These exchange currencies are known as currency pairs. The price of these currencies is decided based on the forex market’s exchange rates. The forex market is the biggest financial market that is spread across the world. Reports suggest that, on average, around 6.59 trillion U.S. Dollars in the form of various currencies are traded every 24 hours. The foreign exchange market runs 24 hours a day and is active for five days a week.


In the process of exchanging, buying, or selling of foreign currency, forex brokers prove to be very useful. They are also known as trading brokers, as they place a trade on behalf of the trader.


More on forex broker:


Forex brokers aid in exchanging, buying, or selling of currencies. Using brokers is pretty straight forward. All you need to do is open an account, deposit money in the newly formed accounts, and then, with the help of the broker’s trading platform, purchase, or sell currency as per the platform’s margin.
Regulation: given that forex traders place their trust on forex brokers, the regulation of these brokers, therefore, becomes quite important. Proper regulatory measures are in place to ensure security. In order to steer clear of frauds, two regulatory bodies govern the regulation of forex brokers. They are:



  • The commodity futures trading commission (CFTC) and

  • The national futures association (NFA)



These regulatory bodies keep financial activities under check. There are provisions for these authorities to launch lawsuits against those entities who are found guilty of illicit activities. This power assures customers’ safety on all fronts.


When you look for brokers, our advice is to do thorough research to check the credibility of the broker and see if its spreads, functions, and features match your needs. For research matters, the homepage of NFA and reviews such as ours can be quite handy and useful.


Usually, all the reputed forex brokers permit the clients to try a ‘practice account.’ this type of account allows the trader to get a fair idea about how the system works. This way, traders can have a mini first-hand experience on a number of broker trading platforms as they like, before choosing any. Another tip in finding a good broker is to check its 24 hours working feature like its customer service. The foreign exchange market works for 24 hours and 5 days a week, and the most reputable brokers work accordingly.


Which broker is the best for forex?


As we now have a fair idea about what a forex broker is and its purpose, it is time to move on to see which brokers are considered as the best in the market. To come up with a list of best brokers, we test a number of foreign exchange brokers for forex quality as well as CFD trading. Only after that, we suggest any name.


Before you go through the list of best brokers, it is important for you to know that cfds are complex instruments. There is a high innate risk involved with them that can lead you to steep money losses as there is leverage involved. On average, approximately 69 to 78 percent of retail accounts tend to face losses during cfds trading. That is why it is of high importance that you understand thoroughly how cfds work. You should also trade as per your risk capacity as there are steep losses involved.


Best forex brokers


Now it is time to look at the best forex brokers that can offer some fantastic trading advantages over others. So, here they are:


IG – trade with the best broker


IG is a well-regulated forex broker and is considered as one of the best forex brokers. It is trusted worldwide. Since its commencement it has offered its clients with a good variety of:



  • Versatile tradeable products

  • Highly useful trading and research tools

  • Industry’s top educational support

  • Cutting edge rates



Basically, IG is an all-around forex broker that offers a wholesome trading experience. As per market reports, IG is considered 2021’s best overall forex broker. Another thing that you should be aware of is that approximately 76 percent of retail CFD accounts lose money at IG. For details on commissions, please refer to the official website.


2. Saxo bank:


Saxo bank – trade with global capital market


Saxo bank has a reputation for serving the elite or VIP clients with utmost excellence. The minimum deposit at saxo bank is 10,000 U.S. Dollars, which is equivalent to 500 GBP. The salient features of this broker are:



  • It offers competitive prices

  • It backs its features with some well-made research

  • The customer service of saxo bank is also exceptional

  • It offers more than 40,000 trading instruments to its clients.



Overall, it is an exceptional platform for forex trading, and you can now see why it is attributed as the best forex broker. But the point to keep in mind is that around 72 percent of retail CFD accounts lose money at saxo bank. For details on commissions, please refer to the official website.


3. CMC markets:


Trade from anywhere anytime with CMC markets


CMC markets is considered to be the best online broker and included among the best forex brokers. The clients at CMC markets get to avail a variety of features as given below:



  • The clients are offered a great variety of currency pairs

  • Its offices are regulated in major international financial centers

  • The traders get to use a good range of financial products

  • The prices which CMC markets offers are competitive

  • It offers innovative trading tools and charting for commendable trading experience.



Overall, CMC markets can be considered as the best forex broker. Market reports suggest that it is considered to be the ‘next generation’ forex trading place. For details on commissions, please refer to the official website.


4. Oanda


Oanda – well know forex broker


Oanda is recognized among the most popular forex brokers. It has some unique and multifaceted features that its clients can avail. You can expect the following features from oanda.



  • No minimum initial deposit

  • No commission fees for their trading services

  • Very high execution speed of orders

  • Advanced charting tools and features

  • Competitive spreads as low as 1 pip for EUR/USD

  • Two basic types of trading platforms: metatrader 4 (MT4) and fxtrade webtrader

  • Oanda is a very popular forex broker that improves its client’s trading experience many folds.



5. Dukascopy


Dukascopy – leading forex broker


Dukascopy is another well-regarded trading broker that offers all the major trading services. Here are some interesting facts to know about dukascopy that may help you in deciding whether you want to use this as your forex broker:



  • Dukascopy uses the jforex platform suite, which supports this trading broker to offer the industry’s top-notch trading tools to its clients.

  • In addition, dukascopy supports its clients with excellent market research.



A major drawback of dukascopy is that its customer service is not that great. Also, dukascopy offers narrow tradeable markets. For details on commissions, please refer to the official website.


6. TD ameritrade FX


TD ameritrade FX trading platform


TD ameritrade FX is an exceptional trading platform which only functions within the united states’ borders. This trading broker offers some great functions to its clients:



  • TD ameritrade FX offers around 80 currency pairs to its traders for foreign exchange trading.

  • Along the way, it backs its users with a great range of trading tools as well as strong research.



7. City index


Earn more with city index


City index has made its name for offering excellent forex trading services. The clients get a range of useful trading products, multiple asset classes with competitive spreads. Further, clients get:



  • Excellent platform options

  • High tech research tools

  • Dependable customer support

  • Offers AT pro (desktop-based) and web trader (web-based) along with metatrader 4.



All of these services are offered under the biggest international retail broker- GAIN capital. Please also be aware of the fact that at city index, around 71 percent of the retail accounts lose money.


8. Forex.Com


Forex.Com – trading specialist


Forex.Com is another excellent trading platform that offers cutting edge pricing. It offers its services all over the world. Here, at this platform, you get:



  • In-depth market research

  • High tech mobile app for trading

  • Feature loaded trading platform

  • Both beginners, as well as expert traders, are welcome here.



Given the forex market has its innate trading risks, so is the case with this platform too. Around 69 percent of the retail CFD accounts lose money in trading.


9. XTB


XTB – best broker for 2021


XTB is known for offering the best customer support. It is a great trading platform that offers:



  • Multiple asset classes trading

  • Regulation in various major financial centers

  • Competitive offering

  • Excellent customer services

  • Xstation 5 trading platform



10. FXCM


FXCM is known for offering well-rounded services. Despite offering a narrow range of tradable markets, it serves a number of types of traders. The pricing at FXCM is average. At this platform, you get:



  • Strong trading tools that serve high volume traders and algorithmic traders amongst other types of traders

  • Great market research-backed support

  • Good customer support



What is the best forex broker for beginners?


In the foreign exchange market, many forex brokers cater to different categories of traders. Beginners in the trading market usually need extra support. So we decided to compile a separate list of best forex platforms for traders who have just ventured into the foreign exchange trading world:


1. Plus500


Plus500 – trade cfds and forex with trust


Plus500 is great for novice traders. It is an online broker that is very supportive of its traders and is listed among the best forex brokers. This makes it a very user-friendly trading platform for forex and CFD trading. One can say that all the basic requirements of traders who have just started exploring trading are fulfilled. For experts, plus500 may come across as a limited trading platform.


2. Markets.Com


Markets.Com – enjoy seamless trading


This is another user-friendly platform. It is an online broker with a marketsx trading place. Compared to other trading platforms, markets.Com is a bit expensive and does not have a number of trading features, spreads products, and tools other than the basic ones.


3. Saxo bank


Saxo bank – connect with world


Saxo bank is a great trading platform with competitive pricing, an exceptional range of trading tools, impressive research, and great customer support. In addition to all this, it offers a thorough variety of instruments of more than 40K trading instruments and is considered one of the best forex brokers. The only downside to it is that it charges a minimum deposit of 10,000 U.S dollars. Another thing to notice at this platform is that around 65 percent of the retail CFD accounts lose money on this platform.


4. Etoro


Etoro is great for copy trading and is considered to be one of the best forex brokers. Moreover, it was awarded this year for offering easy to use copy trading services. Traders here at etoro can copy the trades of other users through more than 1900 trading instruments. This wide variety of instruments includes cfds on famous cryptocurrencies. The only point where etoro lacks is pricing.


5. Easymarkets


Easymarkets – unique way of trading


Easymarkets is a unique web-based trading platform and is considered one of the best forex trading platforms. It offers trade protection to its users. It is indeed the best forex broker out there for beginners. It is an expensive trading platform but is very user-friendly. It offers two user-friendly features, namely:



  • Deal cancellation, and

  • Freeze rate



On the downside, this trading platform lacks market research tools. It offers just 169 tradable instruments. The mobile app of its platform is also quite average. On the other hand, around 74 percent of the retail CFD accounts lose money. For details on commissions, please refer to the official website.


How much money do you need to trade forex?


The minimum requirement to start foreign exchange trading at any platform varies. Some do not charge anything at all, and some do. The range of the minimum requirement starts from 100 U.S dollars and goes up to 250 U.S dollars. There are, however, some exceptions like saxo bank wherein the minimum funding is 10,000 U.S dollars.


What do brokers do in forex?


Forex platforms’ role is to get orders for buying and selling of currencies and then to execute trade orders accordingly. They function on the OTC (i.E. Over the counter) market. They offer access to all the main currency pairs, such as:



  • EUR/USD

  • GBP/USD

  • USD/JPY

  • USD/CHF

  • G10 currencies, along with emerging market currencies.



The rules and regulations in these markets differ from other financial exchanges. The broker market lacks any centralized clearing mechanism, which puts the responsibility of the right execution of the trade at the trader’s shoulders. Therefore, it is important to do thorough research about the broker’s capitalization capability before placing your trust in him or her. It is the trader’s responsibility to choose the right forex broker.


Do you need a broker for forex?


When you depend on online brokers, they continue to earn commissions from your pie regardless of your trade results. This happens because of the difference in the market price, and the actual price goes in their pockets. Their main role is to provide you with easy access to forex trading and profitable spreads. They keep their rights reserved. The results are not their responsibility. So, it can be a good idea to take charge of the entire process in your own hands.


You can gain insights into how the foreign exchange market works without losing money. You can try your hands at various demo accounts that are commonly available at various broker trading platforms.


Therefore, if you are just beginning your trade journey, we would suggest you take adequate time to first grasp the fundamentals of trading. Educate yourself about the various facets of the foreign exchange market (through a demo account) and understand how you can further push your trade portfolio without compromising security and regulations. Once well-comprehended, you will realize that foreign exchange trading is no rocket science! It may look daunting at first as there is so much to learn. But, with patience and persistence, you, by all means, can do foreign exchange trading without having to depend on a broker. Further, the following suggestions can help you kick start your journey smartly and intelligently:


High leverage and potential risk: when it comes to the daily trading volume, the forex markets are the largest. This promises a great deal of liquidity. Further, based on high liquidity, the entry and the exit at a trade position become way too easy. However, the challenge is that the banks, dealers, and online brokers in the market permit high leverage. This enables the traders to hold large positions at little money. Therefore, it goes without saying that the trader needs to understand the risky nature of the forex market. For instance, the leverage of 100:1 is a high ratio. It can swing to either high profits or steep losses. In some cases, the extreme ratios of leverage have ended many dealers with issues around insolvency.


Bird’s eye view of trading requirements: the foreign exchange market works 24 hours a day and for 5 days a week. Every day it starts in sydney, australia, and ends in new york. The main centers of the foreign exchange market are sydney, hong kong, singapore, tokyo, frankfurt, paris, london, and new york. Now, as we all know that trading currencies need a fundamental understanding of the market and its functions as well as indicators. Therefore, a trader or investor is expected to have a bird’s eye view of the entire financial movement, the economies of various countries, the inter-connections, etc, to be able to reap the best trade results.


Forex trading risks: as discussed before, foreign exchange trading has an innate nature of risk. It is complex in nature too. Further, forex brokerage operates at varying degrees in different parts of the world. The regulation between the banks varies, the standardization of various forex instruments differs, and in some places, it is totally unregulated.


The inter-bank market determines and accepts risks. They design a structure around it to come up with an interoperable process that is as safe as possible. The regulation designed in such a fashion aims to protect every participant bank.


Know forex trading risks


Given, the participating banks provide bids and other related offers for various currencies; this mechanism is therefore heavily dependent on the supply and demand rate. Due to large trade flows, influencing the price of any particular currency is difficult. With the help of inter-bank dealings, a sense of transparency is taken care of in the market.


Usually, small retail traders trade with comparatively low-key and almost unregulated forex platforms; there are always chances for them to re-quote rates and sometimes trade against the trader. Regulation on such platforms is highly dependent on which legislation they come under. This decides what type of industry and government regulation they are subject to. The protection measures for every trader vary from country to country.


Ideally, one should do a background check to see whether a broker is regulated in the U.S. Or the U.K. Further, to ensure security, one can check what kind of account protection is offered by the forex broker features in times of crises and other insolvency issues.


The bottom line


We hope our discussion on forex platforms has helped you gain clarity on the subject. As for our final thoughts, we would say that forex trading is great for forex traders with limited money who are seeking day trading in small amounts. On the other hand, those with large sums of money to trade, long term trading can be more beneficial. New forex traders should take their time to gain a good understanding of the market, its fundamentals, and create an overall view of global economics to make well-informed trade decisions.


Forex platforms really help you gain easy access to the trade market and get access to the best spreads. But it is your responsibility to do thorough research to check the credibility of the broker and also to see if its functions, products, spreads, and features match your needs. For research matters, the homepage of NFA and reviews such as ours can be quite handy and useful.


The forex market is very risky in nature. Forex and CFD are complex instruments. There is a high innate risk involved with them that can lead you to steep money losses as there is leverage involved. On average, approximately 69 to 78 percent of retail accounts tend to face losses during cfds trading. That is why it is of high importance that you understand thoroughly how cfds work. You should also trade as per your risk capacity as there are steep losses involved.


1. Can one become rich by trading forex?


The answer to this question is a mixed one. There are people who have become rich through foreign exchange trading, but the majority have not. The simple reason is the risky nature of the forex market. There have been cases where people have made millions and billions through foreign exchange trading, but one must also not forget that similar amounts have also got swept away through steep losses in the forex market. Therefore, making well-informed and calculated risks is very important.


2. How can one start forex trading?


Forex trading is all about awareness and practice. One can start by using a demo account in order to gain a good understanding of the forex market, and its various functions, tools, trading platforms, etc. Learning through case studies, researching about the technicalities about the foreign exchange market is also very useful. Once you feel confident, you can choose a forex platform by researching its credibility. Open an account there, fund it with the minimum deposit requirement, and you are ready to trade!


3. How does one choose an appropriate forex broker?


Choosing the right forex broker is tricky, but is manageable. As the first step, you should look for brokers who are regulated within the legislation of your country. Further, you should check out the reviews about the broker platform to understand how good its trading support, costs, spreads, tools, research capabilities, customer service, and other spreads, features, and products are. Upon screening through your list of best brokers, you can finalize the most suitable and trustworthy forex broker based on your trade requirements.


4. Which forex brokers accept US or non-US clients?


Those forex brokers who have regulatory status in the U.S permit U.S. Based clients and keep their rights reserved. On the other hand, those forex brokers who permit non-U.S clients are usually required to have licenses in countries where they come from.


5. Which currency pairs are popular?


There are seven currency pairs that are really popular in the market. They are also called the ‘majors’. They are as follows:



  • EUR/USD

  • GBP/USD

  • USD/JPY

  • USD/CHF

  • NZD/USD

  • AUD/USD

  • USD/CAD



Around 85 percent of all trades take place within these seven currency pairs or the ‘majors.’



Fxdailyreport.Com


Best Forex Brokers For Trading Currency in 2021


As a forex trader, finding the right broker is the most important aspect of your trading journey. Your broker can make your trading life much easier if you do it right. You can never truly predict the financial market completely, but a broker can help you gain the knowledge and expertise for a successful trading experience. When choosing a broker, you need one that genuinely cares about you and doesn’t just see you as their client or customer. It’s also recommendable to choose a regulated broker, just to be sure. In this article, we’ll be talking about tips for finding the best forex broker in 2021.


1. Your broker should be regulated


There’s a reason why choosing a regulated broker is important – it ensures security and reliability on your end. If you end up going for an unregulated broker, they can easily break the laws and take advantage of you. Unregulated brokers don’t comply with any rules whatsoever and they’ll behave in any manner they please. This is dangerous as if a serious issue arises with your broker, you can’t bring up the legality with an unregulated broker since they aren’t under any laws in the first place. If your money turns up missing or if any financial complications happen against your broker, you can’t sue them since they’re unregulated. While they’re not illegal, choosing unregulated brokers isn’t exactly a wise choice. To ensure both your safety and security, it’s best to go with a regulated broker instead. Before choosing a specific broker, make sure to do your research on whether they’re regulated or not.


Top regulated forex trading brokers for 2021


Brokerinfobonusopen account
min deposit: $5
spread: from 0.2 pips
leverage: 500:1
regulation: FSA (saint vincent and the grenadines), cysec
50% deposit bonus, real contest 1st prize luxury car BMW X5 M, copy trading, trade&win. Visit broker
min deposit: $1
spread: from 0 pips
leverage: 3000:1
regulation: cysec, IFSC
$100 no-deposit bonus, 100% deposit bonus visit broker
min deposit: $5
spread: from 0 pips
leverage: 888:1 “*this leverage does not apply to all the entities of XM group.”
regulation: ASIC, cysec, IFSC belize
“50% +20% deposit bonus up to $5,000, loyalty program bonus “*clients registered under the EU regulated entity of the group are not eligible for the bonus and the loyalty program” visit broker
min deposit: $1
spread: from 0 pips
leverage: 2000:1
regulation: FCA UK, cysec, FSP, bafin, CRFIN
35% of the account deposit visit broker
min deposit: $100
spread: starting 0 pips
leverage: up to 400:1
regulation: FCA UK, NFA, CFTC, ASIC, IIROC, FSA, CIMA
visit broker
min deposit: $300
spread: floating, from 0 pips
leverage: 500:1
regulation: FCA UK reference number 579202
visit broker
min deposit: $200
spread: starting 0 pips
leverage: 500:1
regulation: ASIC australia, FCA UK
visit broker
min deposit: no minimum deposit
spread: 1.2 pips
leverage: 50:1
regulation: CFTC, NFA, FCA, MAS, ASIC, IIROC
visit broker
min deposit: $10
spread:
leverage:
regulation: cysec
- visit broker
min deposit: $200
spread: from 3 pips
leverage: 400:1
regulation: NFA, FCA, cysec
visit broker


2. Your broker should have no transaction fees


One of the significant aspects of choosing the best forex brokers 2021 is payment transactions. The last thing you should worry about is how you’re going to get payments to and from your bank, card, or whichever method you most prefer. Unfortunately, some brokers charge a certain percentage or fee with every deposit or withdrawal fee so it’s best to choose those that don’t charge you for these. The right forex broker should encourage you to do transactions without much complications and hassle on your end. The specific reason brokers hold your funds is to facilitate your entire trading experience so there’s no reason to make transactions more complicated than it is – or charge a high amount with every deposit or withdrawal you make. We’ve mentioned above that your broker is supposed to make your trading life easier, not harder, and the same concept applies to the deposit and withdrawal aspect. You should also note that some brokers charge for inactivity fee for your account, so also be wary of those brokers.


3. Your broker should have efficient customer service


Out of all aspects, customer service is the one aspect that determines if your broker genuinely cares about you and your success as a forex trader. Brokers aren’t perfect and they also make mistakes, which is why customer service plays an important role in choosing the right broker. Brokers with a fast response time and efficient customer service will make your life so much easier, especially when responding to your concerns, inquiries, and questions. The competence of forex brokers dealing with your concerns and complaints reflects how efficient they are as your broker. Even if it’s as simple as asking for help with transactions, your broker should make your life easier by responding to your question immediately and with accurate information. There are even brokers that would call you and personally welcome you as their broker, which is an admirable feature if you find a broker like that. It makes you feel welcomed and supported, despite the uncertainty as a forex trader.


4. Your broker should offer flexible leverage


While there can be certain advantages with fixed leverage, flexible leverage allows you to change it accordingly, whether you’re going for low-risk or high-risk trades. High leverages are great as it allows you to trade several trades at once in your account, but it comes with the risk of losing discipline. It’s easy to overtrade with high leverage because you’re assuming that you can enter all the trades you want with your high leverage. Low leverage, on the other hand, gives you the discipline to enter just a few trades, but you can only enter a certain number of trades. If you choose a broker with flexible leverage, you control the leverage you set for your trades and not your broker. If you want to switch from high leverage to low, you can do that accordingly. Along the way, you’ll learn that leverage is a double-edged sword, which makes it a disadvantage if you choose a broker with fixed leverage because you have no control over that.


5. Your broker should offer several instruments


Not all brokers offer the same range of instruments, and this is something you’d want to be particular about if you want to expand your trading experience. Certain brokers are restricted to currencies and cfds, while other brokers offer a wide array of instruments such as futures, cryptocurrencies, indices, and the like. A wide variety of instruments will give you the flexibility you need as a forex trader. As you go along in your journey, you’ll realize that currencies are the least volatile you can trade within the financial market, which makes them perfect for beginners. However, you may want to start trading other instruments and with the right broker, you can do this. If instruments are that important to you, it’s best to choose a broker that gives you that wide range and most importantly, charges low to no commission for each trade. You’d also want to check the spreads as choosing the best forex broker is one with low spreads.


6. Your broker should have smooth execution


A broker with smooth and efficient execution will ensure your success as a forex trader. Under the assumption that you have a stable internet connection and the market operates under normal conditions, the exact price you enter your trades is exactly where it should be – not a moment before or after. This is specifically crucial when you’re a scalper or someone who enter trades with a short-term goal in mind. Scalpers normally enter trades for just a minute or two and then exit their trades as quickly as they entered. When your broker has poor execution of trades, this may lead to losses instead of profits since your entry point is another defining factor in succeeding as a trader. One wrong entry point could lead to a loss instead of gain – and this is what you’ll learn as a forex trader. When you click buy or sell on a specific currency, the point you entered in should be your exact entry point.


7. Your broker should provide accurate materials


As mentioned earlier, the best forex broker should care about your success as a forex trader. Your broker should provide resources and education to help both your technical and fundamental analysis for a more accurate trade. In fact, it’s best if they provide news and current events for your fundamental analysis. These resources and education will help you gain more knowledge and strategies as a trader, which you can apply to your trades. Some brokers will even email you a weekly update on the movement of certain currencies you’re eyeing, whether it’s basic currencies or metals. Providing a wide array of materials is how you ensure your broker not only cares about you, but they want you to succeed. Some brokers will also hold live seminars and platform tutorials for a more effective coaching session on how to make it as a forex trader. A lot of people want to succeed as a trader, but few will have the right knowledge to make it through. Choosing the right broker will make sure that you have the necessary tools and materials to be equipped with the knowledge to succeed.


8. Your broker should have low spreads


For most traders, spreads are the defining factor in choosing a broker. When you choose a forex broker that provides low spreads, this simply means you’ll spend less with trades. Spreads are the determining factor between the given price and bid price so a high spread broker would mean that this will cost you higher with each trade. Low spreads also determine lower volatility so as a beginner, choosing a broker with low spreads is the best option for you so you won’t feel as overwhelming when entering the financial market. Lastly, low spreads set you up with the low-risk trades for a more successful forex trading experience.


In conclusion, I hope this article was able to help you gain insight into the best forex broker to choose in 2021. Being a forex trader isn’t easy, which is why choosing the right broker will make your life a whole lot easier. With the right resources, education, low spreads, and adjustable leverage, you can have a smooth trading experience that will lead you to more profits than losses. It’s a bonus if your broker genuinely cares about your journey as a forex trader. With these tips, hopefully, you’ll choose the best forex broker in 2021.



Latest forex no deposit bonus list 2021


The no deposit bonus is a free tradable bonus gifted broker for new clients. You can take the bonus without any deposit.


The free bonus is not allowed in the EU and US residents but it’s very popular in some countries.


Newbie traders like to grab the free bonus because it is one of the free powerful leverage for them.


Hey! Want to start forex trading? You can fire right now with the forex no deposit bonus.


The ultimate guide about the no deposit bonus


Not all brokers but most of them offer the free bonus. It is a welcome bonus. Upon joining with a broker, the broker provides a free bonus.


While you think to consider for a no deposit bonus, don’t miss to check our best broker no deposit bonus!


No deposit bonus without verification


While you will register to create an account, you have to give you full name, email, phone number (often), the birth of date, country, and other some filed if need.


Usually, most of the forex brokers ask to verify your identity, at least phone number, or email based on their requirements.


But, sometimes a few brokers offer to start trading without verification of any information.


Why a no deposit bonus?


A freeway! Who doesn’t love to take free money? Actually, the forex broker offers a free bonus to learn forex trading, without any risk. After gaining some profit you will get big confidence to invest in it and make some bigger.


What about your profits?


The bonuses are good to make your profit, depends on you! Most of the bonuses offered to withdraw the gain profit and also you should continue to live trading with the profit.


Here is a big list of bonuses, we collect for you, and you can choose and fire now.



�� forex no-deposit bonuses 2021


nodeposit bonus bonus valid till
7bforex | no-deposit bonus $25 dec/31/2021
AGEA | $5 no-deposit bonus $5 dec/31/2021
almahfaza | phone verification bonus (in arabian) $50 dec/31/2021
arum trade | “first investment” no-deposit bonus $30 dec/31/2021
atlasforex | $50 USD no-deposit bonus (in japanese) $50 jan/31/2021
bityard | beginner rewards 4 USDT dec/31/2021
bullseye markets | $25 USD no-deposit bonus $25 dec/31/2021
bybit | $10 registration bonus $10 dec/31/2021
bybit | social media bonus $5 dec/31/2021
bybit | survey bonus $5 dec/31/2021
cfmerchants | $50 welcome no deposit bonus $50 dec/31/2021
corsa capital | $100 no-deposit fixed welcome bonus $100 dec/31/2021
cube global | $20 no-deposit bonus $20 dec/31/2021
CWG | hi account! $50 USD no-deposit bonus $50 dec/31/2021
elite fin FX | free $20 no-deposit bonus $20 dec/31/2021
emporio trading | $30 USD no-deposit bonus $30 dec/31/2021
FBS | level up bonus FREE $140 $140 dec/31/2021
FBS | no-deposit "trade 100 bonus" $100 dec/31/2021
FBS | quick start $100 no-deposit bonus $100 dec/31/2021
forex.Ee | 15 USD welcome no deposit bonus $15 dec/31/2021
forexchief | no deposit bonus $50 (in indonesian) $50 dec/31/2021
fortfs | $35 USD no-deposit welcome bonus $35 dec/31/2021
freshcent | 300 cent bonus "start working with a gift!" $3 jan/31/2021
freshforex | no deposit bonus $2021 $2020 feb/28/2021
FX TRB | $50 no deposit welcome bonus (in thai) $50 dec/31/2021
fxcess | $10 no-deposit email verification bonus $10 dec/31/2021
fxcess | $15 no-deposit phone verification bonus $15 dec/31/2021
fxgiants | email verification bonus $30 dec/31/2021
fxgiants | phone verification bonus $15 dec/31/2021
fxopen | $1 no deposit bonus for micro accounts $1 dec/31/2021
fxopen | $10 no-deposit bonus $10 dec/31/2021
fxoptexgroups | $30 USD free account $30 dec/31/2021
fxplayer | $100 no-deposit bonus $100 dec/31/2021
fxprivate | $10 "only for friends" no-deposit bonus $10 dec/31/2021
fxprocent | $300 cents no deposit bonus $3 dec/31/2021
FXQM | $30 USD welcome bonus $30 dec/31/2021
gannmarkets | $30 welcome bonus $30 dec/31/2021
GEMFOREX | 30,000 JPY no-deposit bonus (in japanese) 30,000 JPY jan/05/2021
GICM | $25 no deposit bonus $10 dec/31/2021
GOFX | $30 free trading bonus (in thai) $30 dec/31/2021
heart forex | $100 welcome bonus $100 dec/31/2021
hexta prime | $30 USD no-deposit bonus $30 dec/31/2021
instaforex | $3,500 startup no-deposit bonus $3500 dec/31/2021
IUX market | account open bonus $30 $30 dec/31/2021
kaje forex | $50 USD welcome no-deposit bonus $50 dec/31/2021
mitrade | 50 USD trial bonus $50 dec/31/2021
noble sky | USD 500 reward for login $500 dec/31/2021
noble sky | welcome new year gift of USD 1000 $1000 mar/05/2021
PPM PRIME | $40 free to trade no deposit bonus $40 dec/31/2021
PROFITTO | $30 no-deposit bonus $30 jan/29/2021
redstonefx | $88 no-deposit bonus $88 dec/31/2021
roboforex | $30 welcome bonus $30 dec/31/2021
seven capitals | new year´s exclusive real $100 account jan/31/2021
sinosoft FX | trade free with $20 no-deposit bonus $20 dec/31/2021
superforex | $50 no-deposit bonus $50 dec/31/2021
templerfx | no deposit bonus 30$ $30 dec/31/2021
tiomarkets | $25 USD no-deposit bonus $25 mar/31/2021
tradeland | $50 welcome no-deposit bonus $50 dec/31/2021
traders trust | $100 USD no-deposit bonus $100 dec/31/2021
unicorn brokers | $50 free bonus for afghanian customers $50 dec/31/2021
upforex | $100 no-deposit welcome bonus $100 dec/31/2021
velocity trades | $25 no deposit bonus $25 dec/31/2021
windsor brokers | free account $30 $30 dec/31/2021
world forex | $10 or $20 USD bonus $20 dec/31/2021
world trade investment | $50 no-deposit bonus $50 dec/31/2021
XM group | $30 no-deposit bonus $30 dec/31/2021
xtreamforex | $25 no deposit bonus $25 dec/31/2021

Latest promotions:


Extra promotions:


Trader


Topfx - $50 no deposit bonus scheme


Trader


40 usd no deposit bonus ! Https://panel.Coinofa.Com/


Trader


Atlasforex - $50 no deposit bonus


Trader


Looking for powefull platform and leveraged crypto trading ? Https://www.Binance.Com/en/register?Ref=*****
use this refferal link, and get 10% kick back.


Trader


Hello everyone , I try this company bonus and make many withdrawal from it trader


Profitto ltd - $30 USD no deposit bonus


Malaysia and indonesia only ;
bonus end date/time 29th january 2021 11:59:59 GMT +8 ;
https://www.Profittoltd.Com/no-deposit-bonus/


Trader


GEMFOREX - 30,000 JPY no deposit bonus


Trader


Templerfx - no deposit bonus 30$!


Trader


Xm babbling broker. Big scammer rejected my withdrawal 27.90$


Trader


Cooin.Io - $20 crypto no deposit bonus


Trader


Ronex - $20 crypto no deposit bonus


Trader


Gannmarkets - welcome bonus 30 USD


Trader


Https://lirunex.Com/promotion/#iphone


Trader


Milton markets - welcome bonus $50


Withdrawal conditions: 10lots of transactions completed after deposit ;
https://miltonmarkets.Com/promotion/


Trader


Instaforex - $2000 startup no-deposit bonus


Trader


Freshforex - 300 USC no deposit bonus


The promotion is valid from december 11, 2020 to january 31, 2021 ;
https://freshforex.Com/company/news/news_35202.Html


Trader


Xtreamforex | $25 no deposit bonus


Getting ready to start your trading without committing an investment. No deposit bonus for newbies to try out services to start earning profit without risking any of their funds.


Bonus available for philippines clients:- no deposit bonus of amount $25 is available for philippines clients with live trading account with verified status. No need to deposit to claim the bonus.


Easy to claim:- register the live account, verify the trading account. Get the bonus by registering the live trading account.


Start your trading:- after getting the bonus you will able to start your trading to earn more profits with zero investment.


Start date to registration:- no deposit bonus account will start on 7th december 2020 for a limited time.


Maximum leverage is 1:400.


Trading account credited with $25 no deposit bonus is not eligible for commissions and ibrebates.


Register on: https://xtreamforex.Com/no-deposit-bonus/


Arcond


Etiq markets - $77 forex no deposit bonus ' grab n go "


Bonus expires after 3 days ;
https://cdn.Livechat-files.Com/api/file/lc/att/11798601/d006ebb837cfffda198096e98e7e0b6f/$77%20english.Jpg


Arcond


Exclusive markets - $50 forex no deposit bonus


Japanese clients ;
https://exclusivemarkets.Com/jp/promotions/welcome-bonus


Arcond


Justforex - $30 XMAS no deposit bonus


Ending date: december 31, 2020 ;
https://justforex.Com/trading/promotions/xmas
arcond


Trader


GICM IS OFFERING >>>
get A social promotion bonus $2
THROUGH THIS LINK BELOW
https://www.Gicmarkets.Com/promotion/no-deposit-bonus
please visit the link to get special offers at GIC markets


Arcond


Bitterz - $50 crypto no deposit bonus


Campaign period : 020/11/27 (fri) 15:00:00~2020/12/6 (sun) 14:59:59 (UTC+0)
https://bitterz.Com/en/news_topics/4


Arcond


Fxoptexgroups - $30 no deposit bonus


Https://fxoptexgroups.Com/promotions.Html


Arcond


Vistaforex - $123 forex no deposit bonus


The maximum total profit available for withdrawal is 300% of welcome bonus (equal $369).
Https://vistaforex.Com/en/123-welcome-bonus


Trader


No deposit bonus 50 usd klik now.


Arcond


TNFX - $50 welcome bonus no deposit


Profits are withdrawable without any conditions .
Https://www.Facebook.Com/permalink.Php?Story_fbid=2883457335014876&id=1400694689957822&_rdc=1&_rdr


Arcond


IFGM - $100 forex no deposit bonus


Only available to australian residents.


Trader


Vantagefx bonus when download app singup
https://app-register.Vantagefx.Com/vau/h5/register/register.Html


Arcond


Topfx - $50 no deposit bonus


Https://legal.Topfx.Com.Bm/pdfs/nodepositbonus-topfxbm20190702.Pdf


Arcond


IFGM - $100 forex no deposit bonus


Https://ifgm.Com/files/IFGM-100-welcome-bonus.Pdf


Arcond


Justforex - test drive welcome bonus $30


The bonus is available to malaysian and indonesian clients only
https://justforex.Com/landing/30welcome-bonus


Trader


Forexchief - no deposit bonus $50


Profit can only be withdrawn after trading turnover on the account reaches 5,000,000 USD (SELL 5 lots USDJPY ( . ) = 1,000,000 USD ) ;
https://www.Fcxchief.Com/id/services/no-deposit-bonus/


Trader


This is NDB 30$ https://justforex.One/id/landing/tradeformers-contest


Arcond


Fullerton markets - $30 diwali NO DEPOSIT bonus


Only malaysian and indian clients.
Ending date: november 30, 2020
https://offers.Fullertonmarkets.Com/ms/diwalibonus2020


Arcond


Clubfx - $30 welcome bonus


Https://clubfx.Com/promotion/welcome-bonus


Arcond


MFM securities - $50 no deposit bonus


Https://www.Mfmsecurities.Com/no-deposit-bonus


Trader


Tigerwit no deposit bonus
get 25$ for signing up plus 20$ cash red for using the link below https://global.Tigerwit.Com/
account must be fully verified to get your bonus


Arcond


SFEX - $50 welcome no deposit bonus


Https://www.Sfex.Vip/activity/donatemoney/language/en-us


Arcond


FXTRB - $50 no deposit bonus (for thai client)


Https://www.Facebook.Com/trbthailand29/photos/a.116647480116947/159730459141982/


Trader


W.L.Limited - free $50 no deposit bonus


Https://wl-fx.Com/campaign.Html


Trader


All non deposit forex brokers are scam. Especially grand capital I made profit of 1180 USD. They say asking me to pay the same amount into the account or they will cancel the bonus I didn't get my money there's no point trading with grand capital they are thieves. This is my email. I have video and screen shot of all my trade in 5 days from 590usd bonus to 1680usd. Before the block me access to my account. Grand capital are scam and thieves.


Trader


Grand capital required a deposit of the same amount made on profit. I made 1180 from 500usd no deposit bonus. They stole my money.


Arcond


Templerfx - 30$ no deposit bonus


Https://templerfx.Com/en/promotions/no_deposit


Arcond


VT markets - $50 no deposit bonus


+ $200 credit when client’s live trading account is funded by a minimum of $500
https://www.Vtmarkets.Com/clients/promotion-offers/welcome-bonus/


Arcond


Fideliscm - $100 FREE no deposit bonus


Applicable for india, srilanka, malaysia, pakistann thailand, vietnam, turkey and UAE
https://www.Fideliscm.Com/promotion/100usd-no-deposit-bonus/


Arcond


Noor al mal - 50 USD no deposit bonus


Ending date: december 31, 2020
https://www.Nooralmal.Com/cc19/en


Arcond


Cubeglobal - $20 no deposit bonus


Https://cubeglobalfx.Com/no-deposit-bonus


Arcond


GFX X muculada - $ 50 forex no deposit bonus


The promotion is limited to the first 100 clients
https://www.Facebook.Com/gfxtrainingc/photos/a.102936888215418/125199172655856


Arcond


Corsa capital - fixed welcome bonus worth $100


Https://www.Corsaforex.Com/corsa-fixed-bonus


Bestforexbonus


Thank you!
AM broker - listed as deposit (it requires $10 deposit, which makes it rather a 500% deposit bonus)
https://www.Bestforexbonus.Com/node/13190


Arcond


AM broker - $50 no deposit forex bonus


The maximum profit you can withdraw is 100$.
Https://www.Ambroker.Com/en/no-deposit-forex-bonus/


Arcond


Traders trust - 100 no deposit bonus


Https://traders-trust.Com/100-no-deposit-bonus/


Trader


As a matter of opinion: 99% of new or even experienced traders wiped out their account within six months after deposit, most NDB given by brokers here are useless or not in anyway would help to traders, most conditions given are very hard to achieve or unreasonable. You must chose NDB only from brokers that has reasonable conditions and should not have time limit. Trading is one of the most difficult profession in the world, its not gambling that you just based on luck, it requires skills to be consistently successful.


Arcond


Hi ! From ROMANIA . Good luck .


Promax - welcome bonus $50


Profit earned with welcome bonus will be credited to live account
to transfer the profit, client must deposit at least $50 in the trading account
https://promaxtrading.Com/welcome-bonus/


Trader


ARCOND YOU ARE GREAT, KNOW IT .


SAY HI! FROM ARGENTINA BUENOS AIRES


Arcond


Atlasforex - $50 no deposit bonus


Need to trade 50 lots in 30 days
the maximum withdrawal limit if $200
https://www.Atforex-markets.Com/campaign


Arcond


JQL markets - $100 no deposit bonus


Claim bonus at [email protected].
Deposits within a week to get DOUBLE bonuses!
Only profits can be withdrawn
https://jqlmarkets.Com/promotions.Php


Arcond


Exaprofit - PREMIUM , no deposit bonus account


100 USD no deposit bonus
https://exaprofit.Com/accounts/premium


Bestforexbonus


Thank you arcond,
great inputs!


Arcond


Just perfect markets - $1000 no deposit bonus


Maximum limit to make profit is $2000.
Lots are calculated using the following formula: $1000/2 = 500 standard lots to complete.
Https://justperfectmarkets.Com/promotions/perfect-1000-no-deposit-bonus/


Bestforexbonus


Thank you arcond!
(send you an email last week, wonder if you had a chance to review it).


Arcond


PPM PRIME - $40 trade no deposit bonus


Ending date: december 31, 2020
profits – you will have to trade 20 standard lots in order to get eligible for withdrawal request
https://www.Ppmprime.Com/40-free/


Bestforexbonus


Arcond


Fortfs - $100 no deposit bonus


Promo date: august 28, 2020
offer is applicable: all traders
trade 75 lots for USD or EUR accounts
withdrawal of up to 100 USD
https://www.Fortfs.Com/en/promotion/promo-actions/no-deposit-bonus-100


Trader


All brokers in this list scams don't wast your time


Trader


Scam scam scam!
Tigerwitex scam!


Trader


Trader


FBS is not a scam, pls check this post:
https://www.Bestforexbonus.Com/node/10495


Trader


Tigerwit rules abaout $25 no deposit bonus
https://global.Tigerwit.Com/
point number 8 is bad .
=================
sory , indonesian translate


Untuk mendapatkan bonus tersebut, syarat dan ketentuan berlaku yaitu:


1. $25 akan diberikan pada saat registrasi pertama kamu di tigerwit, dan akun anda harus sudah di approve oleh kami. Bonus ini hanya diberikan sekali saja.
2. $25 yang akan diberikan dapat ditarik apabila telah menyelesaikan transaksi sebanyak 3 lot.
3. Promosi ini tidak berlaku untuk pihak ketiga.
4. Promosi ini tidak berlaku pada produk USD/CHY, index, saham, dan kripto.
5. Bagi pengguna yang melanggar persyaratan di atas, akan segera di diskualifikasi dari program ini. Bonus akan ditarik dari akun pengguna.
6. Tigerwit mempunyai wewenang penuh atas program ini dan memiliiki hak untuk mengubah syarat dan ketentuan dan lainnya sewaktu-waktu.
7. Promosi ini hanya berlaku 30 hari semenjak 14/07/20 – 14/08/20.
8. Apabila pengguna yang telah mendapatkan bonus sebesar $25 dan tidak
pernah melakukan deposit selama 3 bulan, maka bonus tersebut akan di hilangkan dari akun pengguna.


Trader


After weeks of turmoil and sadness that gtoptions brought upon me and my family after I lost GBP110,000. I was introduced to this guys at geminihacks -.- cohm they are the best and helped me recover all of my funds without any hassle in 48hours, I am so happy doing this because I know how many people would benefit from this useful information.



Get amazing gifts in the FBS new year 2021 promo


All participants have a chance to get amazing gifts by meeting a few simple terms.


The online forex broker FBS launches FBS new year 2021 promotion. Celebrate new year with the reliable forex broker and get fantastic presents.


The multitude of gifts is stunning – money to your account, iphone 12 pro, macbook pro, airpods, official jerseys of FC barcelona signed by 6 famous players, FBS branded t-shirts, and even more.


FBS new year 2021 promo period is december 16, 2020 – january 15, 2021. During this time, the participants have a chance to get amazing gifts by meeting a few simple terms:



  • Open or use your own real FBS account in one of the FBS apps: FBS copytrade, FBS – trading broker, FBS trader. You can participate in the promo in all FBS apps at the same time.

  • Press the “start collecting gifts” button in the new year 2021 promo section of the FBS app you have chosen.

  • Trade two lots (or invest $ 50) and get a box with a guaranteed prize.



It’s easy! For every two traded lots, you will receive a new box with a gift. Every third box has a lucky ticket for participation in the main prize draw, which takes place on january 19!


All the main prize draw participants have a chance to win macbook pro, scooter honda ADV, iphone 12 pro 128 GB, or a signed barça jersey! Get into the mood with the FBS new year promotion and enjoy the cool prizes from your reliable broker.


About FBS


FBS is an international broker with over 190 countries of presence and more than 16 000 000 clients. It is famous for regular, diverse, and advantageous contests and promotions that are highly appreciated by the global trading community.


Besides, the broker offers various special services to make trading more pleasant and beneficial, such as swap-free and VPS services, cashback up to $15 per lot, and more. An official trading partner of FC barcelona from january 2020.


Disclaimer: the content of this article is sponsored and does not represent the opinions of finance magnates.



Best discount brokers


Best Discount Brokers: Brokerage Fees


A discount broker can give online traders reduced commission rates on their trades. These discounts can help traders to save on overall trading costs in the long term, especially for retail traders who are day trading on a frequent basis. Although most trading brokers do not have fees that are considered that expensive, they can add up and eat into profits, especially for specific trading strategies that take advantage of small price movements.


For that reason, the trading brokers review team have compiled a list of our best discount brokers who we discovered to have some of the most competitive fees along with top class trading services. Each discount broker is regulated and well-established within the online brokerage industry.


#1 best trading broker award 2021


Avatrade is an award-winning trading broker that is regulated in 6 jurisdictions offering 250+ instruments across multiple markets & trading platforms for web, desktop & mobile devices. They have low fees, tight spreads & rapid trade execution speeds.


Top 5 discount brokers


ASIC, BVI, CBI, FFAJ, FSA, FSCA


Min $100 deposit


FCA, CFTC, NFA, bafin, FINMA, ASIC, FMA, MAS, FSA, FSCA, DFSA, JFSA, METI, MAFF


Min $250 deposit


ASIC, FCA, DFSA, SCB, cysec, bafin


Min $200 deposit


Min $5 deposit


Min $200 deposit


Each broker chosen in our best discount brokers category is the result of thousands of hours research and analysis across hundreds of brokers over a number of years. The trading brokers review team have done all of the hard work for you to help identify the best discount brokers available today. Hopefully this can save you time and trading fees in the long run.


Avatrade


#1 best trading broker award 2021


Avatrade is an award-winning trading broker that is regulated in 6 jurisdictions offering 250+ instruments across multiple markets & trading platforms for web, desktop & mobile devices. They have low fees, tight spreads & rapid trade execution speeds.


IG offer traders around the globe over 16,000+ markets including forex & cfds. They have a good selection of trading platforms, tools & educational resources. Spreads are tight, commission is low & execution speeds are fast. IG are also regulated in many countries including FCA, ASIC & NFA regulation.


Pepperstone


Pepperstone is one of the largest trading brokers providing traders worldwide access to trade across all markets with cutting edge technology, low cost spreads, low-latency high speed execution and award-winning customer service.


XM group


XM group is a multi-award winning globally established and regulated trading broker with over 2.5m clients from 196 countries offering no-requotes, low spreads, fast execution and negative balance protection.


IC markets


IC markets is the world’s largest true ECN trading broker offering over 230 trading instruments across multiple markets on the most popular trading platforms, delivering low spreads and high liquidity for fast trade execution.


What fees do brokers charge to trade online?


Each trading brokers fees will vary depending on the trading products and services that they offer. Some brokers will charge a commission, some will charge a spread and others will charge both. Then there are other fees to consider which can include account funding fees, inactivity fees and platform fees. There is usually the rollover/swap fee for holding a trading position overnight with a brokerage firm, unless using an islamic trading account that complies with sharia law. These are swap free but usually incur a spread or commission mark-up to cover the brokers costs.


In general, the less the broker charges in fees, the more you can save in online trading costs over the long term. Many traders will always look to identify which broker has the tightest spreads and lowest commissions to save on costs, but it is important to consider other factors such as the brokers regulation, trade execution speeds, slippage, customer service, trading platforms and tools. These can also have an impact on the overall performance of an online trading strategy. It is perhaps not that beneficial having zero fees and zero spreads if the broker is lacking in other areas.


Broker fees include:



  • Commission for entering and exiting trade positions

  • Spread – the difference between the bid and ask price quotes

  • Swap/rollover fees for holding a position overnight

  • Account deposit and withdrawal fees

  • Account inactivity fees

  • Trading platform and tools fees

  • Educational resources fees such as webinars and trading courses


What is a discount broker?


Discount brokers will let you use their trading platforms to buy and sell various assets with low trading fees. Usually, discount brokers can afford to offer discounted trading fees as they are well established and have enough trading volume to compensate for the lower fees that they charge.


Discount brokers may also not mark-up spreads or charge as much commission as other brokers, especially if they use a vast array of liquidity providers (lps) and can therefore provide some of the best bid/ask quotes to ensure spreads are as tight as possible and trade execution speeds fast. If a broker is a market maker and uses a dealing desk, there can be a conflict of interest. These brokers can mark-up spreads and charge an extra commission which increases overall trading costs.


Whichever trading broker you choose, you will need to pay some fees. It therefore makes sense to shop around and identify the best discount brokers as this can save money from your online trading in the long run. You may wish to read our guides on how to choose a trading broker and how to open a trading broker account.


What makes a good discount broker?


The best discounted brokers will have the lowest fees for trading and conducting other related activities such as making deposits and withdrawals to and from your trading account. Tight spreads can also help to save on trading costs, especially for active retail traders. In addition to offering discounted trading costs, they should have a range of online trading products and services.


Best Discount Brokers: Online Trading Costs


Best discount brokers: online trading costs


How to choose the best discount brokers?


The main thing to check for is the commission that the broker charges for the assets you wish to trade along with the spreads and other general fees. When choosing a discounted broker to trade online with, it is also very important to consider the other brokerage services that they offer. Whilst low fees are good, they may not be as useful if the broker does not have any other services that would be useful to you because they cannot afford them due to providing discounted trading.


The best discount brokers will not only offer low fees but they will also have a range of trading products and services. They should be regulated by a respected authority and have a range of trading instruments across multiple asset classes. The broker should provide a selection of trading platforms and tools to choose from along with flexible account types and convenient funding methods. Other things to look out for include educational materials, social trading platform integration, daily market analysis and excellent customer support. These are all things we cover in-depth in our detailed online broker reviews.


What to look for in a discounted broker:



  • Low commissions

  • Tight spreads

  • Low accounting fees

  • No inactivity fees

  • Regulation

  • Range of asset classes

  • Trading platforms

  • Trading tools

  • Educational resources

  • Social trading

  • Daily market analysis

  • Account types

  • Funding options

  • Excellent customer support


Are discount brokers safe?


All of the brokers in our best discount broker list are regulated by at least one top tier regulator such as the FCA, ASIC or cysec. These regulators can help to give investors the peace of mind that they are using a reputable brokerage firm that must comply with strict ruled and regulations that are put in place to protect investors. Of course, as with any company, brokers can also run into difficulties. In this instance, it is vital to be aware of what will happen to client’s funds. If using a regulated broker, they must be held in segregated accounts and thus should be safe in a worst-case scenario. Furthermore, some brokerages are covered by compulsory or optional insurance policies to give extra protection to client funds.


Summary of discounted brokers


With so many online brokerages to choose from and all of the different broker fees to consider, it can be overwhelming at first when deciding which is the best discount broker for your individual trading needs. Hopefully this guide has helped determine some of the most important things to consider whilst also making you aware of potential options if you are looking for a discount broker. Remember, the lower the brokers commission and spreads, the less your trading costs can be over the long term. However, there are other additional fees to consider and it may not always be ideal to sacrifice additional brokerage services for low fees.


Need help choosing from the best discounted brokers?


If you are still unsure which is the best discounted broker for you then you can use our free online broker comparison tool to quickly compare discounted brokers based on regulations, minimum deposit, leverage, spreads, commissions, funding options and more. You can also read our broker reviews and choose from our best brokers, best trading platforms, best copy trading platforms, best social trading platforms and best trading apps. If you would like to look for the best trading brokers in a particular country, we have pages dedicated to our best brokers USA, best brokers UK, best brokers australia, best brokers south africa and best brokers canada.


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�� forex no-deposit bonuses 2021


nodeposit bonus bonus valid till
7bforex | no-deposit bonus $25 dec/31/2021
AGEA | $5 no-deposit bonus $5 dec/31/2021
almahfaza | phone verification bonus (in arabian) $50 dec/31/2021
arum trade | “first investment” no-deposit bonus $30 dec/31/2021
atlasforex | $50 USD no-deposit bonus (in japanese) $50 jan/31/2021
bityard | beginner rewards 4 USDT dec/31/2021
bullseye markets | $25 USD no-deposit bonus $25 dec/31/2021
bybit | $10 registration bonus $10 dec/31/2021
bybit | social media bonus $5 dec/31/2021
bybit | survey bonus $5 dec/31/2021
cfmerchants | $50 welcome no deposit bonus $50 dec/31/2021
corsa capital | $100 no-deposit fixed welcome bonus $100 dec/31/2021
cube global | $20 no-deposit bonus $20 dec/31/2021
CWG | hi account! $50 USD no-deposit bonus $50 dec/31/2021
elite fin FX | free $20 no-deposit bonus $20 dec/31/2021
emporio trading | $30 USD no-deposit bonus $30 dec/31/2021
FBS | level up bonus FREE $140 $140 dec/31/2021
FBS | no-deposit "trade 100 bonus" $100 dec/31/2021
FBS | quick start $100 no-deposit bonus $100 dec/31/2021
forex.Ee | 15 USD welcome no deposit bonus $15 dec/31/2021
forexchief | no deposit bonus $50 (in indonesian) $50 dec/31/2021
fortfs | $35 USD no-deposit welcome bonus $35 dec/31/2021
freshcent | 300 cent bonus "start working with a gift!" $3 jan/31/2021
freshforex | no deposit bonus $2021 $2020 feb/28/2021
FX TRB | $50 no deposit welcome bonus (in thai) $50 dec/31/2021
fxcess | $10 no-deposit email verification bonus $10 dec/31/2021
fxcess | $15 no-deposit phone verification bonus $15 dec/31/2021
fxgiants | email verification bonus $30 dec/31/2021
fxgiants | phone verification bonus $15 dec/31/2021
fxopen | $1 no deposit bonus for micro accounts $1 dec/31/2021
fxopen | $10 no-deposit bonus $10 dec/31/2021
fxoptexgroups | $30 USD free account $30 dec/31/2021
fxplayer | $100 no-deposit bonus $100 dec/31/2021
fxprivate | $10 "only for friends" no-deposit bonus $10 dec/31/2021
fxprocent | $300 cents no deposit bonus $3 dec/31/2021
FXQM | $30 USD welcome bonus $30 dec/31/2021
gannmarkets | $30 welcome bonus $30 dec/31/2021
GEMFOREX | 30,000 JPY no-deposit bonus (in japanese) 30,000 JPY jan/05/2021
GICM | $25 no deposit bonus $10 dec/31/2021
GOFX | $30 free trading bonus (in thai) $30 dec/31/2021
heart forex | $100 welcome bonus $100 dec/31/2021
hexta prime | $30 USD no-deposit bonus $30 dec/31/2021
instaforex | $3,500 startup no-deposit bonus $3500 dec/31/2021
IUX market | account open bonus $30 $30 dec/31/2021
kaje forex | $50 USD welcome no-deposit bonus $50 dec/31/2021
mitrade | 50 USD trial bonus $50 dec/31/2021
noble sky | USD 500 reward for login $500 dec/31/2021
noble sky | welcome new year gift of USD 1000 $1000 mar/05/2021
PPM PRIME | $40 free to trade no deposit bonus $40 dec/31/2021
PROFITTO | $30 no-deposit bonus $30 jan/29/2021
redstonefx | $88 no-deposit bonus $88 dec/31/2021
roboforex | $30 welcome bonus $30 dec/31/2021
seven capitals | new year´s exclusive real $100 account jan/31/2021
sinosoft FX | trade free with $20 no-deposit bonus $20 dec/31/2021
superforex | $50 no-deposit bonus $50 dec/31/2021
templerfx | no deposit bonus 30$ $30 dec/31/2021
tiomarkets | $25 USD no-deposit bonus $25 mar/31/2021
tradeland | $50 welcome no-deposit bonus $50 dec/31/2021
traders trust | $100 USD no-deposit bonus $100 dec/31/2021
unicorn brokers | $50 free bonus for afghanian customers $50 dec/31/2021
upforex | $100 no-deposit welcome bonus $100 dec/31/2021
velocity trades | $25 no deposit bonus $25 dec/31/2021
windsor brokers | free account $30 $30 dec/31/2021
world forex | $10 or $20 USD bonus $20 dec/31/2021
world trade investment | $50 no-deposit bonus $50 dec/31/2021
XM group | $30 no-deposit bonus $30 dec/31/2021
xtreamforex | $25 no deposit bonus $25 dec/31/2021

Latest promotions:


Extra promotions:


Trader


Topfx - $50 no deposit bonus scheme


Trader


40 usd no deposit bonus ! Https://panel.Coinofa.Com/


Trader


Atlasforex - $50 no deposit bonus


Trader


Looking for powefull platform and leveraged crypto trading ? Https://www.Binance.Com/en/register?Ref=*****
use this refferal link, and get 10% kick back.


Trader


Hello everyone , I try this company bonus and make many withdrawal from it trader


Profitto ltd - $30 USD no deposit bonus


Malaysia and indonesia only ;
bonus end date/time 29th january 2021 11:59:59 GMT +8 ;
https://www.Profittoltd.Com/no-deposit-bonus/


Trader


GEMFOREX - 30,000 JPY no deposit bonus


Trader


Templerfx - no deposit bonus 30$!


Trader


Xm babbling broker. Big scammer rejected my withdrawal 27.90$


Trader


Cooin.Io - $20 crypto no deposit bonus


Trader


Ronex - $20 crypto no deposit bonus


Trader


Gannmarkets - welcome bonus 30 USD


Trader


Https://lirunex.Com/promotion/#iphone


Trader


Milton markets - welcome bonus $50


Withdrawal conditions: 10lots of transactions completed after deposit ;
https://miltonmarkets.Com/promotion/


Trader


Instaforex - $2000 startup no-deposit bonus


Trader


Freshforex - 300 USC no deposit bonus


The promotion is valid from december 11, 2020 to january 31, 2021 ;
https://freshforex.Com/company/news/news_35202.Html


Trader


Xtreamforex | $25 no deposit bonus


Getting ready to start your trading without committing an investment. No deposit bonus for newbies to try out services to start earning profit without risking any of their funds.


Bonus available for philippines clients:- no deposit bonus of amount $25 is available for philippines clients with live trading account with verified status. No need to deposit to claim the bonus.


Easy to claim:- register the live account, verify the trading account. Get the bonus by registering the live trading account.


Start your trading:- after getting the bonus you will able to start your trading to earn more profits with zero investment.


Start date to registration:- no deposit bonus account will start on 7th december 2020 for a limited time.


Maximum leverage is 1:400.


Trading account credited with $25 no deposit bonus is not eligible for commissions and ibrebates.


Register on: https://xtreamforex.Com/no-deposit-bonus/


Arcond


Etiq markets - $77 forex no deposit bonus ' grab n go "


Bonus expires after 3 days ;
https://cdn.Livechat-files.Com/api/file/lc/att/11798601/d006ebb837cfffda198096e98e7e0b6f/$77%20english.Jpg


Arcond


Exclusive markets - $50 forex no deposit bonus


Japanese clients ;
https://exclusivemarkets.Com/jp/promotions/welcome-bonus


Arcond


Justforex - $30 XMAS no deposit bonus


Ending date: december 31, 2020 ;
https://justforex.Com/trading/promotions/xmas
arcond


Trader


GICM IS OFFERING >>>
get A social promotion bonus $2
THROUGH THIS LINK BELOW
https://www.Gicmarkets.Com/promotion/no-deposit-bonus
please visit the link to get special offers at GIC markets


Arcond


Bitterz - $50 crypto no deposit bonus


Campaign period : 020/11/27 (fri) 15:00:00~2020/12/6 (sun) 14:59:59 (UTC+0)
https://bitterz.Com/en/news_topics/4


Arcond


Fxoptexgroups - $30 no deposit bonus


Https://fxoptexgroups.Com/promotions.Html


Arcond


Vistaforex - $123 forex no deposit bonus


The maximum total profit available for withdrawal is 300% of welcome bonus (equal $369).
Https://vistaforex.Com/en/123-welcome-bonus


Trader


No deposit bonus 50 usd klik now.


Arcond


TNFX - $50 welcome bonus no deposit


Profits are withdrawable without any conditions .
Https://www.Facebook.Com/permalink.Php?Story_fbid=2883457335014876&id=1400694689957822&_rdc=1&_rdr


Arcond


IFGM - $100 forex no deposit bonus


Only available to australian residents.


Trader


Vantagefx bonus when download app singup
https://app-register.Vantagefx.Com/vau/h5/register/register.Html


Arcond


Topfx - $50 no deposit bonus


Https://legal.Topfx.Com.Bm/pdfs/nodepositbonus-topfxbm20190702.Pdf


Arcond


IFGM - $100 forex no deposit bonus


Https://ifgm.Com/files/IFGM-100-welcome-bonus.Pdf


Arcond


Justforex - test drive welcome bonus $30


The bonus is available to malaysian and indonesian clients only
https://justforex.Com/landing/30welcome-bonus


Trader


Forexchief - no deposit bonus $50


Profit can only be withdrawn after trading turnover on the account reaches 5,000,000 USD (SELL 5 lots USDJPY ( . ) = 1,000,000 USD ) ;
https://www.Fcxchief.Com/id/services/no-deposit-bonus/


Trader


This is NDB 30$ https://justforex.One/id/landing/tradeformers-contest


Arcond


Fullerton markets - $30 diwali NO DEPOSIT bonus


Only malaysian and indian clients.
Ending date: november 30, 2020
https://offers.Fullertonmarkets.Com/ms/diwalibonus2020


Arcond


Clubfx - $30 welcome bonus


Https://clubfx.Com/promotion/welcome-bonus


Arcond


MFM securities - $50 no deposit bonus


Https://www.Mfmsecurities.Com/no-deposit-bonus


Trader


Tigerwit no deposit bonus
get 25$ for signing up plus 20$ cash red for using the link below https://global.Tigerwit.Com/
account must be fully verified to get your bonus


Arcond


SFEX - $50 welcome no deposit bonus


Https://www.Sfex.Vip/activity/donatemoney/language/en-us


Arcond


FXTRB - $50 no deposit bonus (for thai client)


Https://www.Facebook.Com/trbthailand29/photos/a.116647480116947/159730459141982/


Trader


W.L.Limited - free $50 no deposit bonus


Https://wl-fx.Com/campaign.Html


Trader


All non deposit forex brokers are scam. Especially grand capital I made profit of 1180 USD. They say asking me to pay the same amount into the account or they will cancel the bonus I didn't get my money there's no point trading with grand capital they are thieves. This is my email. I have video and screen shot of all my trade in 5 days from 590usd bonus to 1680usd. Before the block me access to my account. Grand capital are scam and thieves.


Trader


Grand capital required a deposit of the same amount made on profit. I made 1180 from 500usd no deposit bonus. They stole my money.


Arcond


Templerfx - 30$ no deposit bonus


Https://templerfx.Com/en/promotions/no_deposit


Arcond


VT markets - $50 no deposit bonus


+ $200 credit when client’s live trading account is funded by a minimum of $500
https://www.Vtmarkets.Com/clients/promotion-offers/welcome-bonus/


Arcond


Fideliscm - $100 FREE no deposit bonus


Applicable for india, srilanka, malaysia, pakistann thailand, vietnam, turkey and UAE
https://www.Fideliscm.Com/promotion/100usd-no-deposit-bonus/


Arcond


Noor al mal - 50 USD no deposit bonus


Ending date: december 31, 2020
https://www.Nooralmal.Com/cc19/en


Arcond


Cubeglobal - $20 no deposit bonus


Https://cubeglobalfx.Com/no-deposit-bonus


Arcond


GFX X muculada - $ 50 forex no deposit bonus


The promotion is limited to the first 100 clients
https://www.Facebook.Com/gfxtrainingc/photos/a.102936888215418/125199172655856


Arcond


Corsa capital - fixed welcome bonus worth $100


Https://www.Corsaforex.Com/corsa-fixed-bonus


Bestforexbonus


Thank you!
AM broker - listed as deposit (it requires $10 deposit, which makes it rather a 500% deposit bonus)
https://www.Bestforexbonus.Com/node/13190


Arcond


AM broker - $50 no deposit forex bonus


The maximum profit you can withdraw is 100$.
Https://www.Ambroker.Com/en/no-deposit-forex-bonus/


Arcond


Traders trust - 100 no deposit bonus


Https://traders-trust.Com/100-no-deposit-bonus/


Trader


As a matter of opinion: 99% of new or even experienced traders wiped out their account within six months after deposit, most NDB given by brokers here are useless or not in anyway would help to traders, most conditions given are very hard to achieve or unreasonable. You must chose NDB only from brokers that has reasonable conditions and should not have time limit. Trading is one of the most difficult profession in the world, its not gambling that you just based on luck, it requires skills to be consistently successful.


Arcond


Hi ! From ROMANIA . Good luck .


Promax - welcome bonus $50


Profit earned with welcome bonus will be credited to live account
to transfer the profit, client must deposit at least $50 in the trading account
https://promaxtrading.Com/welcome-bonus/


Trader


ARCOND YOU ARE GREAT, KNOW IT .


SAY HI! FROM ARGENTINA BUENOS AIRES


Arcond


Atlasforex - $50 no deposit bonus


Need to trade 50 lots in 30 days
the maximum withdrawal limit if $200
https://www.Atforex-markets.Com/campaign


Arcond


JQL markets - $100 no deposit bonus


Claim bonus at [email protected].
Deposits within a week to get DOUBLE bonuses!
Only profits can be withdrawn
https://jqlmarkets.Com/promotions.Php


Arcond


Exaprofit - PREMIUM , no deposit bonus account


100 USD no deposit bonus
https://exaprofit.Com/accounts/premium


Bestforexbonus


Thank you arcond,
great inputs!


Arcond


Just perfect markets - $1000 no deposit bonus


Maximum limit to make profit is $2000.
Lots are calculated using the following formula: $1000/2 = 500 standard lots to complete.
Https://justperfectmarkets.Com/promotions/perfect-1000-no-deposit-bonus/


Bestforexbonus


Thank you arcond!
(send you an email last week, wonder if you had a chance to review it).


Arcond


PPM PRIME - $40 trade no deposit bonus


Ending date: december 31, 2020
profits – you will have to trade 20 standard lots in order to get eligible for withdrawal request
https://www.Ppmprime.Com/40-free/


Bestforexbonus


Arcond


Fortfs - $100 no deposit bonus


Promo date: august 28, 2020
offer is applicable: all traders
trade 75 lots for USD or EUR accounts
withdrawal of up to 100 USD
https://www.Fortfs.Com/en/promotion/promo-actions/no-deposit-bonus-100


Trader


All brokers in this list scams don't wast your time


Trader


Scam scam scam!
Tigerwitex scam!


Trader


Trader


FBS is not a scam, pls check this post:
https://www.Bestforexbonus.Com/node/10495


Trader


Tigerwit rules abaout $25 no deposit bonus
https://global.Tigerwit.Com/
point number 8 is bad .
=================
sory , indonesian translate


Untuk mendapatkan bonus tersebut, syarat dan ketentuan berlaku yaitu:


1. $25 akan diberikan pada saat registrasi pertama kamu di tigerwit, dan akun anda harus sudah di approve oleh kami. Bonus ini hanya diberikan sekali saja.
2. $25 yang akan diberikan dapat ditarik apabila telah menyelesaikan transaksi sebanyak 3 lot.
3. Promosi ini tidak berlaku untuk pihak ketiga.
4. Promosi ini tidak berlaku pada produk USD/CHY, index, saham, dan kripto.
5. Bagi pengguna yang melanggar persyaratan di atas, akan segera di diskualifikasi dari program ini. Bonus akan ditarik dari akun pengguna.
6. Tigerwit mempunyai wewenang penuh atas program ini dan memiliiki hak untuk mengubah syarat dan ketentuan dan lainnya sewaktu-waktu.
7. Promosi ini hanya berlaku 30 hari semenjak 14/07/20 – 14/08/20.
8. Apabila pengguna yang telah mendapatkan bonus sebesar $25 dan tidak
pernah melakukan deposit selama 3 bulan, maka bonus tersebut akan di hilangkan dari akun pengguna.


Trader


After weeks of turmoil and sadness that gtoptions brought upon me and my family after I lost GBP110,000. I was introduced to this guys at geminihacks -.- cohm they are the best and helped me recover all of my funds without any hassle in 48hours, I am so happy doing this because I know how many people would benefit from this useful information.





So, let's see, what we have: updated best forex brokers for 2021! Find here a complete list of top forex brokers and their unique features which suits your trading. At promo broker forex 2021

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