Skip to content
Valetax Verified by FxDailyInfo $ $30 FREE WELCOME BONUS Start trading live without risking your own money 30% DEPOSIT BONUS Extra margin on every deposit · Min deposit just $1 1:2000 LEVERAGE STP/ECN broker · MT4 & MT5 · Fast withdrawals Claim Bonus → Ad
Add Promotion
$150WELCOME BONUSNo deposit needed100%DEPOSIT BONUSDouble your trading capital$1,000TRADING CONTESTSFree weekly entryClaim Now →Ad

Join the XM Demo Weekly Trading Competitions

Join the XM Demo Weekly Trading Competitions to practice risk-free, test your strategy, and track weekly results in real time.

Join the XM Demo Weekly Trading Competitions

Direct link: Join the XM Demo Weekly Trading Competitions

Join XM Demo Trading Competitions and get a chance to win big every month! You can compete for over $100,000 in cash prizes, making this a fantastic opportunity for anyone interested in trading.

Every month, there are real cash rewards up for grabs, giving you the chance to test your skills and learn more about the market without risking your own money. Whether you are a beginner or have more experience, this competition is designed for everyone. It’s simple to enter, and you can enjoy the thrill of forex trading while trying to reach the top.

Each month, the competition gives you a chance to showcase your abilities and potentially take home a great cash prize. Don’t miss out—join us now and turn your trading skills into exciting rewards!

XM Demo Trading Competition Key Details

Link: https://www.xmza.com/social-competitions

Who can join: All XM clients

Contest schedule: New competition each week

Registration: Open all year in 2026

Duration: One week per round

How to join: Register for the weekly contest

How to win: Finish with the highest profit percentage

Withdrawal: Prizes are withdrawable

Prizes per week Over 2500 Winners

1st place: 2,000 USD

2nd place: 1,500 USD

3rd place: 1,250 USD

XM Broker Details

Headquarters
12, Richard and Verengaria Street, Araouzos Castle Court, 3rd Floor, 3042, Limassol, Cyprus, International offices United Arab Emirates, Belize, Cyprus, South Africa
Founded
2005
Country
Cyprus
Email
support@xm.com
Trading platforms
MT4 for Desktop, MT4 Web Terminal, MT4 Android, MT4 iPhone Trader, MT4 iPad Trader MT4 Multi Terminal, MT5 for Desktop, MT5 Web Terminal, MT5 Android, MT5 iPhone Trader, MT5 iPad Trader, Platform for Android, Platform for iOS
Funding methods
Credit Card, Debit Card, Western Union, Perfect Money, Neteller, Skrill, FasaPay, Internal transfer, Local Deposits, Bitcoin, TrustPay, Boleto, Multiple local methods, Sticpay, PayTrust, PayRetailers, Payment Asia, Crypto, Absa , Help2pay, Pix and More
Max. leverage
1:3000
Min. deposit
5
Base currencies
USD, EUR, GBP, JPY, CHF, AUD, HUF, PLN, RUB, SGD, ZAR, USDT. Region specific.
Min. spreads
From 0.0 pips
See all brokers →
  1. ★ Editor's choice

    Valetax

    5.0★★★★★Expert score
    • Min dep.$1
    • Leverage1:2000
    • TypeSTP/ECN
    Visit broker Read review

  2. Headway

    5.0★★★★★Expert score
    • Min dep.$1
    • Leverage1:1000
    • TypeECN/STP/NDD
    Visit broker Read review

  3. InstaForex

    5.0★★★★★Expert score
    • Min dep.$1
    • Leverage1:500
    • TypeSTP/ECN
    Visit broker Read review

  4. FBS

    5.0★★★★★Expert score
    • Min dep.$5
    • Leverage1:3000
    • TypeECN/STD
    Visit broker Read review

  5. XM

    5.0★★★★★Expert score
    • Min dep.$5
    • Leverage1:3000
    • TypeMarket Maker
    Visit broker Read review

  6. RoboForex

    5.0★★★★★Expert score
    • Min dep.$10
    • Leverage1:2000
    • TypeSTP/ECN/MM
    Visit broker Read review

  7. JustMarkets

    5.0★★★★★Expert score
    • Min dep.$1
    • Leverage1:3000
    • TypeSTP/ECN/NDD
    Visit broker Read review

Forex Bonus Guide: Types, Rules and How to Pick the Right Offer

A forex bonus is extra trading money or a reward that a broker gives you for opening an account, depositing, trading or joining a promotion. Used well, it lets you test a broker and trade with a bigger cushion. Used carelessly, it ties up your profit behind rules you did not read.

What is a forex bonus?

A forex bonus is an incentive a broker adds to your trading account. Most bonuses arrive as trading credit: it increases your balance or margin so you can open trades, but it is not cash you can withdraw straight away. You turn it into real money by trading a set volume or meeting other conditions.

A smaller group of offers pays cash rewards, such as rebates or contest prizes, which you can usually withdraw once they land in your account. Brokers use bonuses to win new clients and keep active traders, so the terms always favour activity: the more you trade, the more of the bonus or its profit you unlock.

The main types of forex bonus

How forex bonus terms work

Every forex bonus comes with rules. These six decide whether an offer is worth it.

  • Trading volume

    You must trade a required number of lots before the bonus or its profit can be withdrawn.

  • Withdrawal limits

    No deposit bonuses often cap how much profit you can take out.

  • Expiry date

    Unused credit or unmet volume is removed after a set period.

  • Early withdrawal

    Taking money out before you finish the conditions usually cancels the bonus.

  • Banned strategies

    Some brokers exclude scalping, hedging across accounts or arbitrage while a bonus is active.

  • Eligibility

    Offers can be limited by country, account type or one claim per person.

How to choose the best forex bonus

Work through these five checks before you click claim.

  1. Check the broker first

    Read the broker review and regulation before the bonus. A large bonus from a weak broker is not a good deal.

  2. Compare the volume to your style

    If you trade a few lots a month, pick an offer with a low lot requirement.

  3. Look at the full cost

    Wide spreads or commissions can cost more than the bonus is worth.

  4. Read the withdrawal rules

    Know exactly what you can take out, and when.

  5. Start small

    A no deposit bonus is the cheapest way to test execution and support before funding an account.

Common forex bonus mistakes

  • Trading oversized lots to hit the volume target fast, then losing the whole balance.
  • Withdrawing early and losing both the bonus and the profit linked to it.
  • Opening extra accounts to claim the same offer twice, which leads to cancellation.
  • Ignoring the expiry date until the credit disappears.
  • Choosing a broker only because its bonus is the biggest.

Is a forex bonus worth it?

Yes, when the terms match how you trade. A no deposit bonus is worth claiming for almost any new trader, because it costs nothing and shows how a broker really performs. A deposit bonus makes sense once you already plan to fund an account and can meet the volume without forcing trades. Cashback suits anyone who trades often, since it lowers costs on every lot.

Treat every forex bonus as a tool, not free money. Trade with sensible lot sizes, use a stop loss, and read the terms before you claim.

Forex no deposit bonus →Forex deposit bonus →
moneta-markets
Octa Free
Trading Signals
Champion MT4
Demo Contest
50% Forex
Deposit Bonus
$10 Minimum
Deposit
Trade and
Win Promotion
Open An Account
moneta-markets
onclick="return !window.open(this.href='https://go.monetamarkets.com/visit/?bta=36803&nci=5644&utm_campaign=mobile');">Trade Now Trade Now