Best Bonus Forex Broker – Orbex
Orbex have been awarded the best bonus forex broker award for leading the pack in what they can offer their online forex trading clients. Orbex are a forex broker who are dedicated to serving their clients first and foremost responsibly. They are focused on providing their forex traders with the latest innovations in forex trading tools and resources to give them every chance of being a consistently profitable trader.
Known for providing their clients with a whole suite of active promotions, bonuses and special offers that are always available and updating. This is the reason that Orbex were awarded the best bonus forex broker award from FX Broker Awards. To celebrate winning the Forex Crown from FX Broker Awards, make sure you take advantage of Orbex’s bonuses and promotions by registering for your own live account via the button at the top of this page.
This is all without mentioning their outstanding customer service where Orbex aims to establish themselves as a global brand through ensuring that the profitability, success and happiness of our customers are core to our business.
Orbex’s goals for the future are to be admired and something that traders looking to grow with their forex broker should look at and admire. While leading technology and forex bonuses are the core of their business, they are always striving for growth and to be able to offer more and more to their clients.
Their experienced staff is made up of a group of honest, reliable and hardworking professionals whose goal is all-encompassing support of our clients. With their priority of immediate response to client’s questions and willingness to expand. Orbex are being propelled to a market leader in innovation and customer service.
Fully licensed and regulated by CySec, Orbex’s trading expertise encompasses forex, precious metals, commodities, CFDs and Futures. With a well-equipped head office located in Limassol, Orbex are on of the best Cyprus forex brokers.
Types of Forex Broker Bonuses
One of the tactics that forex brokers use to attract new accounts, is providing promotions such as forex bonuses. A forex bonus is a very popular and alluring marketing tool that a broker can use because they help the trader see tangible profits with little effort, or even just by providing that initial boost they need to begin. Forex bonuses come under the following categories of: A welcome bonus, a deposit bonus and no deposit bonus. We have gone over each of these main groups below and what they mean for a new forex trader.
A welcome bonus is a forex bonus that a trader receives simply by signing up to a certain forex broker. They don’t have to do anything more than open a live trading account (some brokers even offer some sort of welcome bonus for demos!) with a particular forex broker. These welcome bonuses often come laced with terms and conditions surrounding how they can be used or withdrawn, and all depends on the individual forex broker. The biggest advantage for a new forex trader accepting this type of bonus is that they help you get started.
The next type of bonus forex broker’s offer their clients is the deposit bonus. It is a bonus paid to the client’s trading account after they make a deposit. Often the deposit bonus has conditions around the bonus only being paid for their first deposit, or first deposit within a certain time period. Depending on these terms and conditions set out by the individual forex broker, the deposit bonus may or may not be used toward margin requirements. If you’re going to make a deposit into your forex trading account anyway, why not take whatever deposit bonus that your broker has on offer?
No Deposit Bonus
The most popular and highly sought after type of forex broker bonus is the no deposit bonus. This type of bonus offered by a forex broker means that you don’t have to even make a deposit to receive funds in your trading account. All you have to do to qualify for a no deposit bonus is open a live account with the broker. Now as explained in the previous section on deposit bonusus, no deposit bonuses often have a myraid of terms and conditions surrounding them and how they can be used for margin and whether they can be withdrawn. Make sure you read these terms carefully before you take the plunge and open a new live account on emotion.