Welcome Bonus

  1. Welcome Bonus No Deposit

The 100% Welcome Bonus is valid for all NEW customers who register with Bet9ja and deposit using any online method listed on the website.

Finq Welcome bonus is available for all clients who opens an account with the company. It is $50 and immediately available for trading. It does not depend on deposits. You can withdraw the profits and your deposit. First we establish a dollar amount for the welcome bonus, which we determine by multiplying the points offered in the introductory offer by the value of those miles or points. A bonus offering. $2500 free play bonus. Play for 60 minutes and keep your winnings. 100% match up to $125 on first deposit + 50 Free Spins. Rockbet: $500: Exclusive $500 free play bonus and 100% Signup Bonus up to $750: Prestige Casino: $1500: $1500 Free Spins in 1 hour – what you win is your to keep! No deposit required! + $800 Welcome Bonus on top!

Users who have completed their registration in one of Bet9ja’s land-based shops are also eligible for the Welcome Bonus. However, the Welcome bonus can only be claimed if the relevant first deposit has been made using one of Bet9ja’s available online deposit methods.

Deposits via Interaccount transfers will not qualify for the 100% Welcome Bonus.

Please note: Only one Bet9ja account per person will be allowed. Existing Bet9ja players who registers duplicate accounts online or in our Betshops are not eligible to receive this offer. (this includes customers who return having previously closed a Bet9ja Account).

Only one bonus per person, household address, email address, mobile number, debit/credit card number is allowed. Duplicate accounts will be closed and do not qualify for this offer. Any winnings obtained unlawfully from the bonus will be removed.

To be eligible for this offer, the Customer must make a successful first online deposit (Minimum deposit: ₦100) into their Bet9ja account. Subsequent deposits will not count for this offer.

The 100% Welcome Bonus is available with all of our online payment methods.

Once the deposit has been credited to the account, the full worth of the deposit must be staked (single bets or multiple bets) on any sports market with odds 3.00 or greater, excluding any/all split column bets (split column bets will not count towards deposit/bonus wagering requirements), and the bets settled, before the bonus is awarded. It is not necessary to stake the full deposit in one bet.
– Step 1: Deposit
– Step 2: Play full deposited amount (bets must be settled)
– Step 3: Get Your Bonus

Bet9ja will credit the Customer’s account with a 100% Welcome Bonus up to a maximum of ₦100,000. Example: You deposit ₦4000, you will get a bonus of ₦4000. You deposit ₦5000, you will get a bonus of ₦5000. If you deposit more than ₦100,000 you will still get a bonus of ₦100,000.

The wagering requirements must be met and the bonus turned over within 30 days of obtaining the bonus. After that, the bonus money will be null and void.

The Welcome Bonus amount remains non-withdrawable until the Welcome Bonus has been wagered a minimum of 20 times on any sports market with odds 3.00 or greater. Example: You deposit ₦1000, play it and get ₦1000 Bonus. You will have to play a total of ₦20,000 with overall odds of 3.00 or higher before it can be withdrawn.

In the event of any breach of these terms and conditions, Bet9ja reserves the right to take such applicable action as it deems appropriate in its absolute discretion. Such possible action includes the right to levy an administration charge on the Customer(s) of up to the value of the bonus.

Bet9ja General Terms and Conditions and the Bonus specific conditions apply.

Bet9ja reserves the right to modify, suspend or discontinue the 100% Welcome Bonus at its sole discretion and without informing the customer.

BRKV - For beginners who are new to the trading market, the best forex welcome bonuses serves as kind of a jump start for your career, therefore it’s very important that you could choose for yourself a broker with attractive welcome bonus programs. In this article today, I’ll be giving some of my thoughts on the matter as well as my detailed experiences and reviews of some of the brokers that I consider to have the best forex welcome bonuses programs.

Current brokers with the best forex welcome bonuses programs

Having traded for years and been with many popular and big brokers, I’ve finally narrowed my list of brokers with the best forex welcome bonuses to only 3 names, which are XM, FBS and Exness. More details can be viewed as follow:

XM welcome bonusGet bonus here
XM deposit bonusGet bonus here
Exness rebateGet bonus here
HotForex welcome bonusGet bonus here
XTrade welcome bonus
RoboForex welcome bonus
FBS welcome bonus

Standards of the best forex welcome bonuses

Since this article is mostly about bonuses, below are my 3 personal standards when it comes to choosing a broker based on their bonus programs:

Easy withdrawal conditions

Some brokers have very strict policies regarding the act of withdrawing bonus. As a matter of fact, you can’t really withdraw your welcome bonus directly but do feel rest assured as you can still withdraw the profits gained from trading with the bonus money. That’s the reason for why some brokers have a certain condition that comes with withdrawing bonus such as the minimum lot traded requirement. More specific numbers on the minimum lot traded requirement of the aforementioned top brokers are as follow:

  • XM by far has the fairest withdrawal condition. Traders who do business with XM only need to complete 0.1 lot to be able to withdraw bonus profits. Learn more here.
  • Exness comes second with the requirement of 1 lot traded to be able to withdraw profits. Learn more here
  • FBS has the 100 bonus programs, with the maximum welcome bonus being $100. The highest profit that you can withdraw for each lot traded is $3. For example: Let’s say you gained $60 profits from 7 days of trading. In order to withdraw all that profits, you’d need to have traded at least 20 lots.

High welcome bonus value

Obviously, us traders need the best forex welcome bonuses amount to be as high as possible. Out of those three brokers that I’ve mentioned, FBS offers the highest attainable welcome bonus amount which is $100, while XM and FXTM offer relatively the same amount of welcome bonus which is around $30.

Reliable forex brokers

Without a doubt, your broker should always be reliable and has no shady side to it. Having traded with many different brokers, I consider XM to be the best in term of reliability and transparency.

Other types of bonuses

Beside the best forex welcome bonuses, most forex brokers also offer many different bonus programs such as Deposit bonus or Lot back bonus (Loyalty bonus). More specifically:

Deposit bonus is the bonus program that is based entirely on your deposition amount, which is why you can get more money from this bonus simply by depositing more money.

Lot-back bonus, or Loyalty bonus, is the bonus program that most experienced traders prefer since the program automatically rebates a portion of your every transaction to your account.

For example: XM’s spread for the EUR/USD currency is 1.4 pip and the rebate amount are $3 for each trading lot completed. This means that you only need to pay $11 for each EUR/USD lot instead of the whole $14 of the original spread.

Bonus

Can you really withdraw forex bonus profits?

As I have mentioned above, to withdraw forex bonus profits, most brokers have certain withdrawal policies regarding this matter. Currently, there are two known withdrawal conditions that most brokers have:

Completed trading lot requirements

I’ve personally given an example and explanations regarding this requirement above. To sum it up, most brokers require you to have completed at least a certain amount of trading before you can withdraw the bonus. There’s also a downside to this policy which is that most of the time, the traders would have to deposit even more money than the bonus itself in order to complete the trading lot requirement.

WelcomeWelcome bonus credit cards

No direct bonus withdrawal

Most brokers that I’ve done business with restrict its traders from directly withdrawing the bonuses such as welcome bonus or deposition bonus. This is due to the fact that if they hadn’t done so, tons of cheaters and exploiters would’ve taken advantage of the situation and made a profit for themselves.

Should we choose brokers with good bonus or low spread?

BRKV - At first, most people would seem to consider brokers with good bonus programs to be better than the brokers with low spreads. However, as traders, we also need to take our long-term plan into consideration. Brokers with low spread or overall better trading conditions always better in the long-term since essentially, you’re always trading with the best trading conditions that you could have when you choose those best forex brokers. As for me, I consider a broker’s credibility to be above everything else since I often have to deal with large amounts of money.

Bonus

Top 4 best forex bonuses

I’ve personally done my own researches to find out which one among the top brokers has the better bonus programs. So far, I’ve narrowed the list down to 4 brokers with relatively superior bonus programs comparing to the other brokers. The specifics are as follow:

  • Best forex welcome bonuses - XM: 30$ welcome bonusCheck detail here.
  • Best deposit bonus - XM: 100% deposit bonusCheck detail here.
  • Lot Back Bonuses - Exness: Rebate 2 – 16$ per lotCheck detail here.

Ways to exploit forex bonus programs

Needless to say, morality-wise, it isn’t good to use any kind of cheating method. However, if you feel the needs to do so, here’s the two popular methods, both of which involve creating multiple accounts to exploit the best forex welcome bonuses:

  1. Hedge two newly created account. This means that you’d have to let one account wins and the other one loses in order to maintain a win rate of 50%. This method of cheating can only be applied on brokers with loose withdrawal policies.
  2. This method is mostly the same as the first method but in this method, you also need to take advantage of the high leverages to open very big positions. For this method of cheating, a broker with high leverages is advised.

Welcome Bonus No Deposit

Bonus can be a very effective way for you to cut down trading cost. Other ways include trading with no swap brokers, no re-quote broker, or participating in the best forex contests.