Who doesn't love a free bonus? Many brokers offer a $30 welcome bonus nowadays, and we have narrowed down the 5 best that represent it.
Forex trading has recently become one of the most popular ways to make money online. But to get into the market, traders need the help of a broker. To encourage new traders to join their platform, brokers often offer bonuses and incentives, ranging from no deposit to trading contests.
As a new client, you can take advantage of a welcome bonus. A welcome bonus is a promotion that gives new clients a certain amount of money as trading capital, usually when they first sign up for an account.
The advantage of a welcome bonus is that you don't need to make an initial deposit, so you can start trading without capital, and any profits you make can also be withdrawn.
The amount of the welcome bonus varies, from $100, 50%, 300%, and more, but the most common one you'll find is $30. We've compiled 5 such welcome bonuses that you can join in 2023:
- RoboForex: Available on ProCent, Pro, Cent Affiliate, and Pro Affiliate accounts.
- Tickmill: The profit earned is withdrawable.
- JustMarkets: Swap-free for Muslim clients.
- Windsor Broker: Using USD, EUR, GBP, or JPY as the base currency.
- Baxia Markets: Created automatically upon registration.
Given the ease of registration, customer support, and profit withdrawal, they are all great options for beginner traders with a limited budget to start trading. For more details, let's read the full explanation of each welcome bonus so you can make the best decision!
Where to Find the Information on the Official Broker Site?
- This information is reported per May 19 2023.
- We can not ensure if this offering is still available or remain the same in future.
- The broker announcement page may or may not exist anymore, You may explore each broker's website and try to find "Promotion" section on the menu, footer, etc, to ensure the availability and validity of this promotion.
RoboForex
Founded in 2009, RoboForex is one of the leading brokers of choice for traders of all experience levels. The broker provides a $30 welcome bonus for new clients, allowing them to try out the platform's features and gain familiarity with the forex market before depositing their funds.
See Also: RoboForex Bonus
How to Get RoboForex Welcome Bonus
- Open an account
Bonus funds are available for cent and standard MT4/MT5-based accounts with USD or EUR as a base currency. - Verify your account
Pass the simple verification procedure of your identity, address, and phone number in your Members Area. - Deposit funds to your account
Deposit at least 10 USD to your account via a bank card. Funds can be deposited only via China UnionPay, Maestro, MasterCard, and VISA cards. Deposits made using virtual cards issued by payment systems, as well as prepaid cards, are not taken into account.
Terms and Conditions
For RoboForex welcome bonus, clients can withdraw profits that have been earned. The Welcome Bonus is available for certain account types (ProCent, Pro, Cent Affiliate, and Pro Affiliate) on the MetaTrader 4 and MetaTrader 5 platforms, with a base currency of USD or EUR. Additionally, there are some requirements that must be met in order to get the Welcome Bonus:
- Complete the required passport verification and address verification steps.
- Verifying cell phone number.
The Welcome Bonus is available for accounts with leverage up to and including 1:1000. To receive the Welcome Bonus, activate a special code in the Members Area. The code will be sent to the registered email address. The Welcome Bonus will be transferred to clients' accounts within 5 business days. The validity period of the special code is 30 days. If the code is not used within this period, it will automatically expire.
Well-known as one of the most committed brokers in trading technology advancements, RoboForex reaches out to a wide range of traders, from beginners to the more experienced ones who seek sophisticated trading environments with ECN-like spread and execution. The company is established in 2009 and holds a head office in Belize. Registered under the IFSC Belize, RoboForex manages to attract clients with fantastic leverage as high as 1:2000.
Following its commitment to be the forefront in terms of a high technology forex broker, RoboForex provides various trading platform choices including MetaTrader 4, MetaTrader 5, Social Platform, and its proprietary platform.
Trading instruments range from Currencies to Metals, Indices, Energies, Stocks, and ETFs. Aside from basic service, trading in RoboForex also presents a collection of distinctive features such as the PAMM system and Social Trading network developed with their own brand of CopyFX, ETFs, and stocks that reaches up to thousands as the available trading assets, and tight spreads.
RoboForex also accepts payment through a surprising online gateway besides wire transfer and credit card. The alternative methods are Skrill, Neteller, UnionPay, Perfect Money, and other similar online payments.
After opening an account, traders can start with a minimum deposit as low as $10 in Pro Accounts. To specify, here is a short description of each type of accounts that traders can choose from in RoboForex:
Pro-Standard
- Minimum Deposit: $10
- Spread: from 1.3 points
- Minimum order volume: 0.01
- Leverage: up to 1:2000
ECN-Pro
- Minimum Deposit: $10
- Spread: from 0 points
- Minimum order volume: 0.01
- Leverage: up to 1:300
Prime
- Minimum Deposit: $5,000
- Spread: from 0 points
- Minimum order volume: 0.01
- Leverage: up to 1:100
Pro-Cent
- Minimum Deposit: $10
- Spread: from 1.3 points
- Minimum order volume: 0.1
- Leverage: up to 1:2000
R Trader
- Minimum Deposit: $100
- Spread: from $0.01
- Minimum order volume: 1 stock
- Leverage: up to 1:200 (during the trading session) and up to 1:4 (after the trading session)
The R Trader account signifies RoboForex's attempt to distinguish forex and stock trading condition. It appears that the platform used in that particular account is RoboForex's in-house product that is specifically designed for stock online trading.
The overall description above depicts RoboForex as a distinguished broker despite its status as an offshore-regulated entity. Not only successful in providing various trading technology, but RoboForex also focuses on stock trading for more conservative traders. However, it is also important to note that RoboForex is one of the few brokers that boldly offer an extremely high perimeter of leverage at 1:2000.
Tickmill
Tickmill enables new clients to jump-start their trading journey with a $30 no-deposit bonus. Moreover, clients aren't required to make any initial deposit to receive the promotional bonus.
How to Get the Tickmill Bonus
- To get the Tickmill Welcome Account, you must go to the Tickmill homepage, click the Promotions tab, and select $30 Welcome Account.
- You'll then be taken to the $30 Welcome Account page.
- Click on Get a Welcome Account. Doing this will take you to the page where you'll need to fill in the application form for the welcome account. You'll receive an email with your Welcome Account account details and credentials when you've completed and submitted your details.
Terms and Conditions
Like other brokers, Tickmill clients can withdraw profits earned with the Welcome Account bonus. However, they must fulfill certain conditions before they can do so. Here are a few things you need to pay attention for:
- Tickmill offers a Welcome Account for new clients from unrestricted countries who wish to open a live trading account.
- Unfortunately, EU citizens and existing clients are not eligible for this bonus.
- The Welcome Account is available for 60 trading days from the date of account opening.
- The initial deposit cannot be withdrawn or transferred, but a minimum of $30 and a maximum of $100 of profits can be transferred from the Welcome Account to the client's Wallet held at Tickmill.
- To transfer profits from the Welcome Account to the Wallet, clients must register a Client Area account with the same information for Welcome Account registration and upload the required identification documents. Clients must deposit a minimum of $100 into the Wallet and ensure the new MT4 live trading account is not linked to other promotions.
Tickmill is an award-winning global ECN broker, authorized and regulated by the Financial Conduct Authority (FCA) in the UK, CySEC in Cyprus, and the FSA of Seychelles. Founded in 2014, it offers its retail and institutional clients various trading services with a prime focus on forex, stock, commodities, CFDs, and metals.
For traders who prioritize the value of spreads in broker selection, Tickmill provides excellent services with low spreads, starting from 0.0 pips.
The London-based company has a mission to provide clients with the best possible trading environment, so clients can focus on trading and become successful traders. One way to reach its mission is to offer a fast-execution of 0.15s. With this facility, it's no wonder that Tickmill gets the 2019 Best Forex Execution Broker award by the CFI.co Awards. Also, Tickmill received the achievement as Best CFD Broker Asia 2019 by International Business Magazine, the Best Forex Broker Asia, and the Most Transparent Broker 2019 by Forex Awards.
After registering in Tickmill, traders can choose the most ideal asset among 60 currency pairs that they can trade. If traders aren't sure yet to open a real account, Tickmill recommends learning to trade through a demo account.
There are also educational features such as Webinars, Seminars, Ebooks, and Video Tutorials. All of these facilities can be used by traders to increase knowledge about trading and the financial market as a whole. If traders already have enough knowledge, they have a greater opportunity for earning profit consistently.
For traders registered in real accounts, they can choose between provides three types of accounts, including Pro Account, Classic Account, and VIP Account. Traders can open positions with a minimum order of 0.01 Lots. This applies to all types of accounts.
The company provides recommendations for traders who are still confused when choosing an account. For example, for novice traders, Tickmill encourages clients to choose a Classic Account. It offers optimal conditions with fast order execution while enabling traders to use virtually any trading strategy. Additionally, the account is trade commission-free so traders only pay the bid/ask spread. Other than the 3 main accounts above, Tickmill also provides an Islamic account (swap-free).
The downside is, trading with Tickmill will only enable traders to use MetaTrader 4 as their offered trading platform. Although not much if compared to other brokers, the Tickmill platform provides a user-friendly and highly customizable interface, accompanied by sophisticated order management tools to help traders control positions quickly and efficiently.
The convenience of trading on Tickmill is enhanced by the existence of One-Click EA integrated on MT4. Traders will get Stop Loss and Take Profit calculations automatically. On top of that, Tickmill provides a VPS hosting for automated traders that can't be bothered with technical problems such as troublesome internet connection.
They offer several third-party research solutions, including Autochartist, which is a popular pattern-recognition software that uses automated technical analysis to make forecasts and generate trading signals. Autochartist is available both in Tickmill's web portal and as a platform plugin for MetaTrader 4.
As a Tickmill client, a trader can deposit and withdraw with a variety of payment methods, including Visa, Mastercard, bank transfer, and Skrill. Tickmill accepts deposits and withdrawals in 4 currencies, which include USD, EUR, GBP, and PLN.
Overall, Tickmill is a competitive broker in spreads and provides a safe trading environment with its regulated entities in three different jurisdictions. Although their trading platform is not outstanding, the analytical tools they present to equip traders' needs are considered by retail broker standards.
JustMarkets
JustMarkets is currently offering a welcome bonus of $30 to new clients. This is an excellent opportunity for traders to try out the platform and explore different trading strategies without risking their funds.
How to Claim JustMarkets Welcome Bonus
- Register
After completing a simple registration process, you get access to the Back Office. - Open a Welcome Account
A $30 bonus will be available once you open a Welcome Account. To open the account, you need to provide your phone number. - Start Trading
Trade at least 5 lots within 30 days. The profit or loss of a transaction must be at least 6 pips (60 points). - Transfer Your Profit
Transfer your funds from Welcome Account to Standard Cent, Standard, Pro, or Raw Spread account.
Terms and Conditions
JustMarkets Welcome Bonus can be earned by users of the "Welcome Account," yet existing clients cannot open a Welcome Account or receive the bonus. Clients can only open one Welcome Account and claim the $30 bonus once.
The Welcome Bonus comes with several trading requirements, including:
- Trading instruments: FX currency pairs and metals
- Account currency: USD
- Maximum order volume per position: 0.01 lot
- Maximum number of positions opened (including pending orders) at the same time: 5 or less
- Robots (Expert Advisors): not permitted
- For Muslim clients, the Welcome Account is swap-free
Like other welcome bonuses, trading profits can be transferred to your live account. To transfer profits from the Welcome Account, clients must trade at least 5 lots (1 lot = $100,000) within 30 days. Profits can only be transferred to the live account once the client has deposited at least $100 into the live account. You'll also need to make at least $30 in profits to transfer it to any live trading account.
Windsor Brokers
Good news from Windsor Brokers! New clients can now enjoy an exciting $30 welcome bonus offer. This welcome bonus is an excellent opportunity for beginners to experience trading without risking their funds.
How to Claim the Windsor Brokers Bonus
- Apply for a $30 FREE account. To start the application, click on "Get Started."
- Follow the registration steps and comply with all account opening requirements.
- Once your $30 FREE Account is approved, it will be credited with your free trading credit.
Terms and Conditions
The $30 Welcome Bonus is available exclusively to new clients who open a Prime Account using USD, EUR, GBP, or JPY as the base currency.
To withdraw profits, you must have made a minimum profit of $60, completed 20 or more trades, and closed at least 1 lot. Please note that citizens of Russia, Indonesia, Pakistan, Bangladesh, Sri Lanka, Ukraine, Kazakhstan, Zimbabwe, Egypt, Palestine, Tanzania, Kyrgyzstan, Peru, Moldova, India, and the Philippines, are not eligible for this promotion. If you have further questions, please get in touch with Windsor Brokers' Customer Support team on its official website.
Windsor Brokers is a European Forex broker headquartered in Cyprus and the UK. Founded in 1988, Windsor Brokers offers online trading to retail and corporate clients from over 80 countries. Windsor Brokers is regulated by the CySEC and the FCA (UK), along with a valid EU Forex license to operate in any part of the EU under the European Economic Area (EEA) agreement.
Windsor Brokers also has a branch established in Belize under the International Financial Services Commission. The CySEC supervises Windsor Brokers according to the policies implemented by the Markets in Financial Instruments Derivatives (MiFID).
As a popular forex broker, Windsor Brokers has been awarded as "The Best FX Technology" in 2014, presented during the 7th Saudi Money Expo & Conference 2014 held in Saudi Arabia. They were also voted as the winner of "The 2014 Business Excellence" award by the Cyprus International Businesses Association (CIBA). Windsor Brokers also won the "The Most Trusted Forex Broker" award at the Saudi Money Expo in 2015, "Broker of the Year" In 2017, and "Most Trusted Broker" award at the 12th annual Jordan Forex Expo and Awards (JFEX).
Those awards are reasonable given that Windsor Brokers always tries to provide a mobile-friendly website and client portal. The broker's website is very simple, yet it keeps providing enriched education & research section as well. The education section is filled with many offerings, such as trading tools in the Trader’s Room, several types of calculators such as a pip calculator, Pivot Point Calculator, Fibonacci Calculator, and more.
Besides those features, Essential Daily Market reports and technical analysis are prepared daily by the experienced in-house analysts. The broker also offers free Webinars and Seminars to their clients. Live account holders can have exclusive access to Tutorial videos, Economic Calendar, Daily Newsletters, and full analysis for major market movers.
Traders can also improve their trading skills with in-depth tutorials about Fibonacci numbers, candlestick trading, and risk control as well as a full line of videos on different trading strategies for both novices and professional Forex traders.
Another special feature traders can get from Windsor Brokers is its various promotions for loyal clients, such as:
Prediction Contest
- Facebook contests run weekly and cover the most important market events of the week.
Guess the Score
- A match on which traders can cast their prediction to get over $30,000 in cash prizes.
Demo Contest
- A weekly demo trading with a $500 prize pool for three winners.
For the deposit and withdrawal method, Windsor Brokers offers a wide range of funding methods including credit cards, bank wires, Neteller, Skrill, and many other online payment methods. Withdrawals are made using the same method as deposits.
Clients may fund their trading accounts in any major currency, but the amount will be automatically converted to USD based on Windsor's payment provider's rate. If you have any problems while trading in Windsor Brokers, the support teams are accessible 24/5 and each request is followed up immediately. Traders can contact them by phone, email, and live chat easily.
All in all, Windsor Brokers is a good choice for those looking for a regulated and popular broker in Europe. The website of Windsor Brokers is also a pleasure to navigate all the information needed by clients.
Baxia Markets
Baxia Markets offers new clients an exhilarating trading journey with speedy execution, narrow spreads, and access to advanced tools and resources through its $30 Welcome Bonus Account. With no deposit required, clients can trade without spending a dime. Not only is it easy to open an account, but the profits earned are withdrawable.
See Also: Baxia Markets Bonus
How to Get Baxia Markets Welcome Bonus
- Register a new account with Baxia Markets and submit an identity document and residential proof to verify the account.
- In the account dashboard, go to "open live account" and select "Welcome Bonus Account."
- You will receive your $30 automatically to this account.
Terms and Conditions
The Welcome Bonus is reserved for new clients only. However, before signing up, you should make sure that your country is allowed to participate, as clients from Algeria, Angola, Armenia, Australia, Argentina, Belarus, and others are restricted. In addition, citizens of Seychelles and Bahamas cannot apply for a Welcome Bonus account either. For more information on the countries allowed, go ahead to Baxia Markets official website.
Expert Advisors (EAs) are prohibited, and each client is only allowed one Welcome Bonus account with the same trading conditions as the Bx Standard live account. Interestingly, you can increase or decrease the leverage on the Welcome Bonus account.
The Welcome Bonus account is available in USD and will be created automatically after completing the registration form and being approved. Although profits from trading on this account can be withdrawn, the initial capital of $30 cannot be withdrawn.
Clients can transfer a minimum of $30 and a maximum of $100 profits on the Welcome Bonus account to another account at Baxia Global Ltd. To make the transfer, clients must register a second MT5 account (MT5 Bx Standard or MT5 Bx Zero), deposit a minimum of $100 (or equivalent in another currency) into the second account, and ensure that the new MT5 live trading account is not linked to another promotion.
Aside from welcome bonuses, you can also look for additional money from other bonuses such as deposit bonuses, no-deposit bonuses, and so on. For a more detailed explanation, check out What are the Most Popular Forex Bonus Promotions?
8 Comments
Jun 9 2023
Hey there! In the trading environment provided by Baxia Markets, it is stated that Expert Advisors (EAs) are prohibited. Could you elaborate on the reasons behind this prohibition? What factors or considerations led to the decision to restrict the use of EAs in the trading platform?
Furthermore, it is mentioned that each client is allowed only one Welcome Bonus account, and this account is set to have the same trading conditions as the Bx Standard live account. What is the underlying purpose or objective of this restriction? Does it serve to maintain fairness or prevent abuse of the Welcome Bonus program?
Jun 18 2023
@Powell: The thing is, they want to keep things fair and square for everyone. EAs are those automated trading systems that can make trades without any human involvement, right? Well, sometimes they can give traders an unfair advantage, like using super-fast trading strategies or taking advantage of market glitches. By saying no to EAs, Baxia Markets is making sure that all traders have an equal chance to succeed, without any unfair advantages.
Now, let's chat about the restriction on the Welcome Bonus account. They've got this rule that each client can only have one Welcome Bonus account, and it comes with the same trading conditions as their regular Bx Standard live account. So, why do they do that? Well, the main idea is to prevent people from taking advantage of the bonus system. They want to make sure that everyone gets a fair shot at enjoying the Welcome Bonus, without any sneaky multiple claims. It's all about maintaining the integrity of the bonus program and keeping things honest and above board.
Jun 27 2023
Can you please provide me with detailed information on the requirements for transferring profits from the Welcome Bonus account to another account at Baxia Global Ltd? Specifically, I would like to know the minimum and maximum amounts that can be transferred from the Welcome Bonus account. Additionally, could you clarify the type of second account that needs to be registered for the transfer, whether it should be an MT5 Bx Standard or MT5 Bx Zero account? Moreover, what is the minimum deposit amount that must be made into the second account to initiate the transfer? Lastly, I would appreciate clarification on whether it is necessary for the new MT5 live trading account to be unlinked from any ongoing promotions while conducting the profit transfer. Thank you for your assistance in providing these details!
Jun 29 2023
Why is it that certain regions, like Algeria, Angola, Armenia, Australia, Argentina, Belarus, Seychelles, and Bahamas, are unfortunately excluded from the opportunity to receive the highly anticipated Welcome Bonus? It's always a bummer when restrictions are put in place, especially when it comes to exciting perks for new clients. Can you shed some light on the reasons behind these limitations? It would be great to understand why residents of these specific countries are unable to participate in this enticing bonus offer. Perhaps there are legal or regulatory considerations that necessitate such exclusions? Or could it be related to specific policies or agreements between the company and the respective countries? It's intriguing to explore the factors that play into these regional restrictions and how they impact potential clients in these areas.
Jun 30 2023
What exactly is a cent account and how does it differ from a standard MT4/MT5-based account? I came across information mentioning that bonus funds are available for cent accounts as well as standard accounts with USD or EUR as the base currency, but I'm curious to understand the specific features and characteristics of a cent account.
Could you provide some insights into how a cent account functions? How is it different from a standard account in terms of base currency, account balance, and trading conditions? Additionally, I'd like to know if there are any limitations or restrictions associated with cent accounts compared to standard accounts. Understanding the nature of cent accounts will help me determine if it aligns with my trading goals and preferences.
Jan 18 2024
A cent account is a unique type of trading account that differs from standard MT4/MT5-based accounts in several aspects. It caught my attention that bonus funds are reportedly available for both cent accounts and standard accounts with USD or EUR as the base currency. However, I'm keen to delve deeper into the specifics of what makes a cent account distinctive.
Could you shed light on the intricacies of how a cent account operates? I'm particularly interested in understanding its divergence from a standard account concerning factors like base currency, account balance, and trading conditions. Are there any inherent limitations or restrictions associated with cent accounts compared to their standard counterparts? This exploration into the nuances of cent accounts is crucial for me to gauge whether it aligns with my trading objectives and preferences. Your insights will greatly assist me in making an informed decision in this regard.
Jan 20 2024
Let me explain the Cent Account's details! A cent account is a specialized type of trading account that differs from standard MT4/MT5-based accounts in several key aspects. Despite both cent accounts and standard accounts potentially offering bonus funds with USD or EUR as the base currency, the cent account has distinct features.
In terms of operation, a cent account functions with a base currency denominated in cents rather than dollars or euros. This means that if you deposit $100 into a cent account, it will reflect as 10,000 cents. The account balance, therefore, is measured in cents, allowing for more flexibility and smaller position sizes, which can be beneficial for traders with smaller capital or those looking to manage risk more precisely. Compared to a standard account, the key differences lie in the scale of trading. Cent accounts enable traders to execute trades in smaller volumes, making it a suitable option for those who prefer to trade with lower risk or are still in the learning phase. (read : Cent Vs Standard Account: Which Is Worth Your Money?)
Apr 24 2024
Hey, I've been eyeing Roboforex lately because they offer cent accounts, which seem super beginner-friendly. But I read in the article that they also have this Welcome Bonus thing going on, and it's available for accounts with leverage up to 1:1000. So, basically, you can choose leverage up to 1:1000.
Now, here's my question: If I want to make the most of the Welcome Bonus at Roboforex, can I dive right in with leverage set at 1:1000, even though I'm still a beginner? Thanks!