Brokers With Best Welcome Bonuses In South Africa 2026
Compare the best welcome trading bonuses in South Africa by size and rules to find the right offer for you. We’ve verified that each joining bonus below is available by using a South African IP address and checked for withdrawal restrictions by reading every word of their terms and conditions.
Written ByChristian Harris
Christian is a seasoned analyst, leveraging his expertise in stocks, forex, and crypto to evaluate brokers worldwide. With hands-on trading experience and a strong focus on risk management, he helps traders find reliable platforms. Christian's work for BrokerListings.com has been cited in the Financial Times.
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Fact Checked ByRoyston Wild
Royston is a seasoned investor and financial writer with over a decade of experience analyzing brokers and investment markets. With a background in stocks, commodities, and forex reporting - he brings a fresh perspective to broker evaluations.
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Edited ByMichael MacKenzie
Michael is an analyst and editor with over 10 years experience in publishing. He has investigated many of the industry's best-known brokers. His eye for detail helps ensure BrokerListings.com's resources are accurate and reflect the latest developments.
Michael MacKenzie Profile PageAugust 11, 2026
Safety warning: While South Africa’s FSCA permits trading bonuses, they remain high risk. We believe, based on the thousands of Rands worth of bonuses that we’ve traded with, that sign-up deals are best used for testing a broker or experimenting with strategies.
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1Founded in 2006, AvaTrade is a top forex and CFD broker trusted by over 400,000 traders. Regulated in 9 regions, it handles more than 2 million trades monthly. AvaTrade offers platforms like MT4, MT5, and WebTrader, with over 1,250 instruments. Traders of all levels can explore CFDs, AvaOptions, and AvaFutures for short-term trading. AvaTrade provides excellent education and 24/5 multilingual customer support for a complete trading experience.
AvaTrade Bonus Offer
100% Welcome Bonus✓ Supports ZAR Accounts -
2FXCC is a well-established broker providing low-cost online trading since 2010. It is registered in Comoros Union and regulated by CySEC, known for its ECN trading, no minimum deposit, and quick account opening in under 5 minutes.
FXCC Bonus Offer
100% First Deposit Bonus Up To $2,000 -
3XM is a trusted global forex and CFD broker with over 20 million clients in more than 190 countries. Since 2009, it has offered low trading fees on 1000+ instruments. XM provides a full MetaTrader experience that we have tested firsthand. 100% deposit bonus + further offers up to $4500100% deposit bonus + further offers up to $4500
XM Bonus Offer
100% Deposit Bonus -
4RoboForex, founded in 2009 and registered with the FSC in Belize, is an online broker. It offers five account types (Prime, ECN, R StocksTrader, ProCent, Pro) to suit various needs, with trades from 0.01 lots and spreads starting at 0 pips. RoboForex has expanded its services by adding CFDs, a stock trading platform, and the CopyFX system.
RoboForex Bonus Offer
$30 No Deposit Bonus -
5Founded in 2001, FOREX.com is part of StoneX, a global financial services firm with over a million customers. Regulated in the US, UK, EU, Australia, and other regions, it offers thousands of markets, not just forex, with competitive pricing on advanced platforms.
FOREX.com Bonus Offer
20% Welcome Bonus Up To $5,000Up to $10,000 in cash backUp to $20,000 in cash back
Welcome Bonuses Available To South African Traders Compared
Review the size of bonus credit, core terms and conditions:
| Broker |  |
ZAR Account |
Bonus |
Key Rules |
FSCA License |
|---|---|---|---|---|---|
 |
✓ | 100% Welcome Bonus | High turnover. Clients must trade 30,000 in base currency for every $1 of bonus within 100 days. Sign-up bonus is only available in some jurisdictions. | ✓ | |
 |
✗ | 100% First Deposit Bonus Up To $2,000 | No wagering. Bonus credit added to account for trading purposes. Withdrawals remove the bonus in the same proportion, and the credit can also be removed if equity falls to the specified threshold. | ✗ | |
 |
✗ | 100% Deposit Bonus | No wagering. XM treats this as trading credit, generally up to $500, followed by a 20% tier up to a total of $5,000. It is not cash: it can’t be withdrawn, and any withdrawal removes the bonus proportionally. Profits generated from trading remain withdrawable, but the bonus itself is for margin support only. Availability is jurisdiction/account-type dependent. | ✓ | |
 |
✗ | $30 No Deposit Bonus | Clients can withdraw own funds and profit without limitations. However, you still need account verification and a minimum $10/€10 card deposit. Also, the $30 bonus itself typically cannot be withdrawn until a specific volume is met (usually 1 lot per $2 of bonus). | ✗ | |
 |
✗ | 20% Welcome Bonus Up To $5,000Up to $10,000 in cash backUp to $20,000 in cash back | Must deposit at least $250 within 14 days of opening an account. Bonus is 20% of total deposits made within the first 14 days, capped at $5,000. To receive the funds, traders must meet a trading volume requirement within 60 days. For a $1,000 bonus, typically need to place 40 qualifying trades. | ✗ | |
| Broker | |
ZAR Account |
Bonus |
Key Rules |
FSCA License |
Broker Details Comparison
| Broker | Demo Account |
Minimum Deposit |
Minimum Trade |
Leverage |
Assets |
Platforms |
|---|---|---|---|---|---|---|
|
✓ | $300$100 | 0.01 Lots | 1:30 (Retail) 1:400 (Pro) | CFDs, Forex, Stocks, Indices, Commodities, ETFs, Bonds, Crypto, Spread Betting, Futures | WebTrader, AvaTradeGO, AvaOptions, AvaFutures, MT4, MT5, AlgoTrader, TradingView, TradingCentral, DupliTrade |
|
✓ | $0 | 0.01 Lots | 1:1000 (Exceeds FCA limits; high risk) (Exceeds CIRO limits; high risk) | CFDs, Forex, Stocks, Indices, Metals, Energies, Crypto | MT4, MT5 |
|
✓ | $5 | 0.01 Lots | 1:10001:30 | CFDs, Forex, Stocks, Commodities, Indices, Thematic Indices, Precious Metals, Energies | MT4, MT5, TradingCentral |
|
✓ | $10 | 0.01 Lots | 1:2000 | CFDs, Forex, Stocks, Indices, Commodities, ETFs, Futures, Crypto | R StocksTrader, MT4, MT5, TradingView |
|
✓ | $100 | 0.01 Lots | 1:400 | Forex, Futures and Options on Metals, Energies, Commodities, Indices, Bonds Forex, CFDs, Stock CFDs, Indices, Commodities, Futures, Options, Crypto | WebTrader, Mobile, MT4, MT5, TradingView |
| Broker | Demo Account |
Minimum Deposit |
Minimum Trade |
Leverage |
Assets |
Platforms |
Safety Comparison
Check what account and trading safeguards are in place at the best South African brokers with sign-up bonuses:
| Broker | Trust Rating |
Guaranteed Stop Loss |
Negative Balance Protection |
Segregated Accounts |
|---|---|---|---|---|
|
✗ | ✓ | ✓ | |
|
✗ | ✓ | ✓ | |
|
✗ | ✓ | ✓ | |
|
✗ | ✓ | ✓ | |
|
✗ | ✓ | ✓ | |
| Broker | Trust Rating |
Guaranteed Stop Loss |
Negative Balance Protection |
Segregated Accounts |
Mobile Trading Comparison
Most welcome bonuses can be claimed and traded on mobile as well as desktop or web - here's how our top trading providers perform on mobile:
| Broker | Mobile Apps |
iOS Rating |
Android Rating |
Smart Watch App |
|---|---|---|---|---|
|
iOS & Android | ✗ | ||
|
iOS & Android | ✗ | ||
|
iOS, Android & Windows | ✗ | ||
|
iOS & Android, R StocksTrader | ✗ | ||
|
iOS & Android | ✗ | ||
| Broker | Mobile Apps |
iOS Rating |
Android Rating |
Smart Watch App |
Comparison for Beginners
Welcome bonuses should be approached cautiously by beginners, it's worth weighing the tools available to support newer traders:
| Broker | Demo Account |
Minimum Deposit |
Minimum Trade |
Education Rating |
Support Rating |
Fractional Shares |
Demo Competitions |
|---|---|---|---|---|---|---|---|
|
✓ | $300$100 | 0.01 Lots | ✗ | ✗ | ||
|
✓ | $0 | 0.01 Lots | ✗ | ✗ | ||
|
✓ | $5 | 0.01 Lots | ✓ | ✓ | ||
|
✓ | $10 | 0.01 Lots | ✗ | ✓ | ||
|
✓ | $100 | 0.01 Lots | ✗ | ✗ | ||
| Broker | Demo Account |
Minimum Deposit |
Minimum Trade |
Education Rating |
Support Rating |
Fractional Shares |
Demo Competitions |
Comparison for Advanced Traders
Compare how suitable the Brokers With Best Welcome Bonuses In South Africa 2026 are for advanced or professional traders.
| Broker | Automated Trading |
VPS |
API |
AI |
Pro Account |
Leverage |
Low Latency |
Extended Hours |
|---|---|---|---|---|---|---|---|---|
|
Expert Advisors (EAs) on MetaTrader | ✗ | ✓ | ✓ | ✓ | 1:30 (Retail) 1:400 (Pro) | ✓ | ✗ |
|
Expert Advisors (EAs) on MetaTrader | ✓ | ✗ | ✗ | ✗ | 1:1000 (Exceeds FCA limits; high risk) (Exceeds CIRO limits; high risk) | ✓ | ✗ |
|
Expert Advisors (EAs) on MetaTrader | ✓ | ✗ | ✓ | ✗ | 1:10001:30 | ✓ | ✗ |
|
Expert Advisors (EAs) on MetaTrader, Strategy Builder in R StocksTrader | ✓ | ✗ | ✗ | ✗ | 1:2000 | ✗ | ✗ |
|
Expert Advisors (EAs) on MetaTrader | ✓ | ✓ | ✓ | ✗ | 1:400 | ✓ | ✗ |
| Broker | Automated Trading |
VPS |
API |
AI |
Pro Account |
Leverage |
Low Latency |
Extended Hours |
Accounts Comparison
Check which account types are available at our top-rated trading platforms:
| Broker | Demo Account |
Interest on Cash |
Islamic Account |
Joint Account |
Managed Account |
PAMM |
MAM |
LAMM |
Pro Account |
|---|---|---|---|---|---|---|---|---|---|
|
✓ | USD: 2.7% | ✓ | ✗ | ✓ | ✓ | ✓ | ✗ | ✓ |
|
✓ | ✗ | ✓ | ✗ | ✗ | ✓ | ✓ | ✗ | ✗ |
|
✓ | ✗ | ✓ | ✗ | ✓ | ✗ | ✗ | ✗ | ✗ |
|
✓ | ✗ | ✓ | ✗ | ✓ | ✗ | ✓ | ✓ | ✗ |
|
✓ | ✗ | ✓ | ✗ | ✗ | ✗ | ✗ | ✗ | ✗ |
| Broker | Demo Account |
Interest on Cash |
Islamic Account |
Joint Account |
Managed Account |
PAMM |
MAM |
LAMM |
Pro Account |
Detailed Rating Comparison
Here's how our top brokers for welcome bonuses in South Africa performed in our hands-on tests:
| Broker | Trust |
Platforms |
Assets |
Mobile |
Fees |
Accounts |
Research |
Education |
Support |
|---|---|---|---|---|---|---|---|---|---|
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| Broker | Trust |
Platforms |
Assets |
Mobile |
Fees |
Accounts |
Research |
Education |
Support |
Fee and Cost Comparison
You'll still normally pay spreads and other costs when trading with a joining bonus - here's how our top providers measure up:
| Broker | Cost Rating |
Fixed Spreads |
Inactivity Fee |
CFD Stocks Spread |
EUR/USD Spread |
Crypto Spread |
|---|---|---|---|---|---|---|
|
✓ | $50 | 0.13 | 0.9 | BTC <1%, ETH 2% | |
|
✗ | $5 | 0.17 (Apple) | 0.1 | Variable | |
|
✗ | $5 | 0.002 | 0.6 | Variable | |
|
✗ | $0 | 0.01 | 0.1 | Variable | |
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✗ | $15 | 0.14 | 1.2 | BTC 1.4%, ETH 2% | |
| Broker | Cost Rating |
Fixed Spreads |
Inactivity Fee |
CFD Stocks Spread |
EUR/USD Spread |
Crypto Spread |
Customer Ratings
Compare how customers of these brokers feel about them, with real user ratings from Trustpilot, the Apple App Store and Google Play.
| Broker | Customers |
Trustpilot Score |
Trustpilot Reviews |
Android App Rating |
iOS App Rating |
|---|---|---|---|---|---|
|
400,000 | 12,872 | |||
|
✗ | 180 | |||
|
20,000,000 | 3,150 | |||
|
700,000 | 746 | |||
|
450,000 | 2,420 | |||
| Broker | Customers |
Trustpilot Score |
Trustpilot Reviews |
Android App Rating |
iOS App Rating |
Broker Popularity
Here's how many clients our best brokers offering joining bonuses have:
Why Trade With AvaTrade?
AvaTrade provides traders with essential tools: an intuitive WebTrader, strong AvaProtect risk management, a quick 5-minute sign-up, and reliable support for fast-paced markets.
Pros
- AvaTrade's support team did well in tests, responding within 3 minutes and providing local support in major regions like the UK, Europe, and the Middle East.
- AvaTrade introduced AvaFutures for low-margin global market access and expanded in 2025 by adding CME’s Micro Grain Futures. Later that year, they integrated with TradingView.
- The WebTrader performed well in our tests, featuring an easy-to-use interface for beginners and strong charting tools, including 6 chart layouts and over 60 technical indicators.
Cons
- Signing up is easy, but AvaTrade doesn't offer an ECN account like Pepperstone or IC Markets, which provides raw spreads and fast execution that many traders want.
- AvaTrade’s WebTrader has improved, but it needs more customization as widgets like market watch and watchlists can't be hidden, moved, or resized.
- The AvaSocial app is satisfactory but could be better. Its design, usability, and navigation between strategy providers and account management need improvement to compete with top platforms like eToro.
Why Trade With FXCC?
FXCC is an excellent choice for traders, offering over 70 currency pairs, ultra-tight spreads from 0.0 pips during testing, and a free VPS for eligible traders.
Pros
- FXCC is a strong choice for algo traders due to its free VPS for eligible traders and the option to build or buy EAs on MetaTrader.
- FXCC's ECN XL account is designed for active traders, offering spreads from 0.0 without commission and meeting our execution speed standards.
- Customer support still depends on human agents, providing live chat response times of under three minutes in our tests, with knowledgeable representatives. This is a welcome change from the often frustrating AI chatbots now common among brokers.
Cons
- Despite improvements to the economic calendar, FXCC provides limited market research, offering only basic daily technical analysis and aggregated news. It lacks tools such as Autochartist and social sentiment data.
- FXCC imposes high withdrawal fees, such as $45 for bank transfers and 2% for cryptocurrency transfers, which can reduce the earnings of traders who frequently withdraw funds.
- FXCC has expanded to include US, European, and Asian stocks, but offers limited metals and energy options, and no soft commodities.
Why Trade With XM?
With a $5 minimum deposit, advanced charting on MT4 and MT5, a growing range of markets, and a Zero account with spreads from 0.0, XM offers what traders need. They have even won our 'Best MT4/MT5 Broker' award recently.
Pros
- XM's customer support offers 24/7 assistance in 30 languages, with response times under 2 minutes and an expanding Telegram channel.
- XM’s Zero account is ideal for trading with spreads from 0.0 pips, 99.35% of orders executed in <1 second, without requotes or rejections.
- In late 2025, XM received a category 5 license from the Securities and Commodities Authority (SCA) of the United Arab Emirates, enhancing its regulatory standing and positioning it as a strong choice for traders in the Middle East.
Cons
- The XM app is user-friendly and offers unique copy trading products, but its technical analysis tools need enhancement for advanced traders.
- XM only uses MetaTrader platforms for desktop trading, meaning there is no customizable downloadable option for a more beginner-friendly experience with unique features.
- XM is lagging because it doesn't offer cTrader, which some professional traders prefer over MetaTrader for its better usability and advanced charting features.
Why Trade With RoboForex?
RoboForex offers a broad selection of over 12,000 trading markets along with ECN accounts, impressive charting, and loyalty incentives. It is also advantageous for stock traders due to its intuitive R StocksTrader platform, which provides access to over 3,000 shares, lower fees starting at $0.01, and advanced watchlists.
Pros
- RoboForex offers tight spreads starting at 0 pips and low minimum deposits from $10, making it affordable. Trading with micro lots additionally reduces entry barriers for new traders.
- The R Stocks Trader platform competes with top platforms like MT4, offering netting and hedging abilities, thorough backtesting, Level II pricing, and a versatile workspace.
- In 2026, RoboForex made all accounts swap-free by removing overnight interest charges. This may attract swing forex traders, although spreads and commissions might still apply.
Cons
- RoboForex has been in the industry for over 15 years and is registered with the Financial Commission. However, it is only authorized by a 'Red-Tier' regulator, the FSC in Belize, which reduces regulatory protection for traders.
- RoboForex now only allows USD and EUR as base currencies. This could lead to conversion fees and inconvenience for traders who prefer managing their accounts in other currencies.
- RoboForex, despite having many platforms, does not yet support the commonly used cTrader. This can dissuade traders who favor this platform for trading, which is accessible with firms such as Fusion Markets.
Why Trade With FOREX.com?
FOREX.com is a top-tier brokerage suitable for forex traders of all skill levels. It offers more than 80 currency pairs, has small spreads starting from 0.0 pips, and features low fees. The platform provides powerful charting tools that include over 100 technical indicators and multiple research aids.
Pros
- Numerous educational materials such as tutorials, webinars, and a comprehensive YouTube channel are available to assist you in learning about the financial markets.
- The in-house Web Trader is a top platform for new traders, featuring a sleek design and over 80 technical indicators for market analysis.
- FOREX.com provides top-tier forex pricing beginning at 0.0 pips. They also offer competitive cashback rebates up to 15% for dedicated traders.
Cons
- US clients do not have negative balance protection, so you can potentially owe more than your original account deposit.
- FOREX.com, part of GAIN Capital Group LLC, paid a $700,000 fine to the NFA for mismanaging client accounts.
- FOREX.com's MT4 platform provides around 600 instruments for trading, which is considerably less than the 5,500+ options accessible on its other platforms.
Filters
How We Selected The Best Trading Bonus Offers In South Africa
To create our rankings, we followed five steps:
- We opened a trading account with every broker in our evolving directory from an IP address in Johannesburg, South Africa.
- During the sign-up stage, we noted whether a welcome bonus was offered and the type of deal (deposit bonus, no deposit bonus, or other offer).
- We loaded the terms and conditions (T&Cs), which were typically accessible via a stand-alone link, read every word, and documented the key stipulations to be aware of, paying particular attention to wagering/volume/withdrawal conditions.
- Where possible, we accepted the sign-up bonus to confirm it was applied to accounts as advertised and where practical, traded the credit on various assets, which included ZAR/USD, oil, and US technology stocks.
- We assigned every broker an overall rating after considering nearly 300 data points, including whether the brokerage was licensed by South Africa’s Financial Sector Conduct Authority (FSCA) and offered a trading account based in South African Rand (ZAR), which together provide peace of mind for local traders and help minimize conversion fees. Lots of our top brokers for South African traders ultimely offer trading incentives.
A Johannesburg VPN was used for bonus testing
Claiming XM’s 100% welcome deposit bonus
Are Broker Bonuses Allowed In South Africa?
Yes, online trading bonuses are permitted in South Africa. The FSCA, unlike regulators in jurisdictions like Europe (European Securities and Markets Authority (ESMA)), the UK (Financial Conduct Authority (FCA) ) and Australia (Australian Securities and Investments Commission (ASIC)), has not introduced a blanket ban on brokers offering retail clients incentives to trade forex or CFDs.
None of the Financial Advisory and Intermediary Services (FAIS) Act No. 37 of 2002, the Financial Markets Act (FMA) No. 19 of 2012, nor the regulatory filings governing derivative counterparties, specifically Conduct Standard 1 of 2018 (‘Criteria for Authorisation of OTC Derivative Providers’), contain prohibitions on retail trading incentives, including deposit matches or welcome credits.
Having said that, bonus providers should still follow the FSCA’s wider rules around market conduct oversight and consumer protection. Most notably, Section 2 of the FAIS General Code of Conduct for Authorised Financial Services Providers and Representatives makes clear that brokers are legally required to “at all times render financial services honestly, fairly, with due skill, care and diligence, and in the interests of clients and the integrity of the financial services industry.”
Additionally, Section 14 (Advertising and Direct Marketing) makes clear that promotional materials “must not obscure information” regarding “key limitations, exclusions, risks and charges” such as turnover rules. Meanwhile, Section 14(3)(n) prohibits campaigns designed to “exaggerate the need for urgency which could encourage the average targeted client to make unduly hasty decisions”, such as over-trading to meet unreasonable turnover deadlines.
In practice, the FSCA takes a liberal approach to trading bonuses, but still expects online brokers to structure them in a way that doesn’t encourage over-trading or gambling-like behavior, and they don’t want to see excessively restrictive wagering conditions that make it extremely difficult for users to withdraw profits from trading on bonus credit. This leads us nicely onto our next section…
Turnover Requirements
The most important condition attached to most welcome bonuses is the requirement to trade a certain amount before you can request a withdrawal. This is often denominated in lots, e.g. 5 forex or metal lots (1 lot = 100,000 units of the base currency). Traders are also normally required to meet these requirements within a set period, often up to 60 days. This time pressure is what can encourage over-trading. That said, some brokers do not enforce a timeline.
To show you how this works in real life, let’s look at the terms and conditions of HFM’s 100% deposit welcome bonus. As you can see below, to move the bonus credit into withdrawable cash, you must meet the following standard lot requirement: Bonus amount (in USD) / 2. So if you deposit $400 USD and get a $400 credit bonus, you’re looking at $400/2 = 200 lots. There’s another worked example in the T&Cs:
Welcome Deposit Bonuses Vs Welcome No Deposit Bonuses
The two types of sign-up bonuses we see most frequently offered to new clients in South Africa are deposit and no deposit bonuses. It’s important you understand the key differences in how these offers work:
Make Full Width| Bonus Type | Frequency | Example | How It Works | Key Rules | Suits Who | Pros & Cons |
|---|---|---|---|---|---|---|
| Deposit Bonus | Most common because it forces an upfront deposit. | 100% deposit bonus | Broker matches a percentage of deposited funds. | Credit often can’t be withdrawn; high turnover to withdraw profits. | Experienced traders wanting to take larger positions or test a broker. | Pros: Boosts margin, allows for testing a broker or strategy with modest capital. Cons: High turnover requirements; can encourage reckless trading. |
| No Deposit Bonus (NDB) | Less common because brokers absorb all financial risk; normally <$50. | $30 no deposit bonus | Broker credits accounts with $30/ZAR equivalent, with no deposit required (though ID docs sometimes are). | Credit often can’t be withdrawn; normally expires within a period of 60 days; strategy restrictions. | Beginners wanting to test brokers and execution without risking their own Rand. | Pros: Zero-cost live trading; sometimes can withdraw profits. Cons: Profit withdrawal limits; balance limits position sizes; strict rules; can encourage reckless trading. |
Common Mistakes That Void Bonuses
We have ourselves had bonuses that have been voided or cancelled. We’ve also read over 115 Trustpilot reviews concerning complaints about trading bonuses at brokers popular in South Africa. To help you avoid some of the issues others have run into, we’ve collated the most common problems that crop up:
- Using strategies that are banned: We commonly see bonus terms that say certain strategies, notably scalping, high-frequency trading, hedging, and arbitrage, are not allowed and can lead to the removal of bonus credit, or when withdrawals are requested and the account activity is inspected, the withdrawal is refused.
- Not meeting wagering requirements: Most bonuses require you to trade a certain volume within a period, e.g. 5 lots within 60 days. Fail to do this within the set time or request a withdrawal after only trading some of the required volume can lead to the bonus being revoked.
- Trading assets that aren’t included: Sometimes only certain asset classes can be traded, such as forex and metals. Trading on excluded bonus assets such as volatile cryptocurrencies may mean any trades made don’t count towards turnover requirements.
- Using a VPN when traveling or other reasons: We’ve read dozens of user reviews complaining that brokers withdrew bonuses because their account showed they traded from different IP addresses. If a brokerage suspects that multiple addresses, and thus people, may have traded with the bonus account, they may revoke the credit. This is because they might suspect bonus hunting, that someone is managing the account for you, or that you’re attempting to bypass regional restrictions, e.g. you’re not from South Africa.
To be transparent about common complaints from traders using welcome bonuses, we’ve collated some real examples below from broader brokers operating in South Africa, notably HFM and ATFX. Part of the problem is that bonus terms often give brokers significant discretion to revoke promotional credit without extensive explanation or even evidence sometimes. That’s why reading joining bonus T&Cs is essential before you start trading.
Trustpilot user review
Trustpilot user review
Trsutpilot user review
When Should You Accept Or Avoid A Joining Offer?
You do not have to accept a sign-up bonus. Some brokers we’ve tested encourage you to accept one during registration through pop-ups, or even automatically apply them to your account. However, you can normally reject a bonus during sign-up or by contacting the support team and asking them to remove it from your account.
Bonuses are ultimately not right for all traders. To help you decide whether you should accept or reject a welcome offer, use our decision tree as a starting guide:
