A Forex bonus is a gift that a Forex broker provides to its new or existing clients. This gift may be in the form of a no-deposit bonus, cash bonus, or credit (margin) bonus. Actually, there are several different types of Forex bonuses.
Table: Compare Forex Bonus Promotions
Getting a free No-Deposit Forex Bonus is a smart way to start trading without risk. The advantage of a No-Deposit Bonus over a Demo Account is that you will be trading on ‘Real Market Conditions’; therefore, you can test the real conditions of your broker (spreads, slippage, etc.) without risking your funds.
The ECN/STP broker LQDFX offers a 100% deposit bonus promotion. The maximum bonus amount is 20,000 USD and you need to deposit at least 250 USD in order to claim it. The bonus is withdrawable after meeting the volume requirements (check below).