Table of Contents
If you’re out there looking for a new Forex broker to deal with, you might want to start considering working with one that offers a very beneficial bonus for trading with them. Though you might not be aware of what a Forex bonus is, in which case, let us discuss the concept with you and explain why Forex bonuses are some of the best and worst things South African forex broker or any other broker might offer.
The idea behind a Forex no deposit bonus is simple: to attract new customers. There are many types of Forex bonuses and all of them are there to attract new traders to a platform. Whether this is a welcome bonus Forex broker offer or some kind of bonus received after trading a certain amount, there is no question about it, it is always there to attract a new customer. Some brokers might offer more than others and some scams might use bonus offers as a way to attract new victims, but there is always a way to find out what the intentions of the company are. I believe bonuses to be a blessing, simply because they give you more money to work with and a chance to generate more income, but I also cannot shed a feeling that they are a curse. A curse, since a bonus might make you think that it is okay to take a risk you should not be taking because the money isn’t yours, which results in more money being lost than you should have.
Though let’s get over the philosophical deliberations over what the dangers and advantages of a Forex bonus are and get into the thick of it: how do you go about getting some sweet, sweet bonus money on your Forex account?
XM
5) 100 dollars free welcome bonus from forex broker Corsa Capital. Except usual forex trading Corsa (Corsaforex) offers to trade with this free $100 for binary options – contemporary and simple financial instrument. To get this Fixed Welcome Bonus to your trading account you should: 1. Open live trading account at broker site 2. Nov 06, 2020 Free cash bonuses are a type of no deposit casino bonuses. After a player claims them, the bonus amount is added to their player account as bonus money. The player can then play any casino games, with the exception of so-called restricted games, which are specified in the terms and conditions of each specific bonus. – $1000 Free Welcome Bonus! – 200% Deposit Bonus up to $200 on your first deposit! – Extra 15% on alternative payment methods! Lucky Nugget Casino. Free spins are theoretically a kind of no deposit bonus. Consequently, you risk none of your money and get to play and win for real. They can be offered by an online casino just as they are or accompanying a deposit bonus or a welcome package.
Amount
$30
Software
MT4, MT5
Volume Requirement
$5,000
Validation
sign up
FreshForex
Amount
$2020
Software
MT4, MT5
Volume Requirement
None
Validation
Sign up
Markets.com
Amount
$30
Software
MT4
Volume Requirement
Not Stated
Validation
Email confirmation
What is a no deposit bonus?
First, let us explain what exactly no deposit welcome bonus is and how does it work. Unlike deposit bonuses, the no deposit bonus is usually the one that most traders are looking for in a new FX broker to work. These no deposit bonuses are welcome bonus forex brokers like to offer the least of. South African Forex brokers with no deposit bonus will usually offer no more than 400 Rand, but it will still be a significant benefit to a trader who knows what they are doing. For experienced traders, a no deposit bonus is like a free, no risk capital that can be spent on experimental currency pairs to see the results. If the capital is lost, it doesn’t mean much, but if it has returned, then the results are positive and indicate that further trading might be a good idea. The bonus can also be a nice piece of bait for the industry newcomers, who do not know which broker to start working with. While this is not a problem if you end up with a good broker, the danger of starting to trade with a scammer or a brokerage that trades against you is very real.
On the other hand, the no deposit bonus forex is also one of the best ways to start trading for a beginner trader. The cause for this is simple – new traders, with little experience, are too afraid to invest real money into Forex trading. Many of them spend time working on demo accounts, trying to figure out how the market works. While a respectable endeavor, it is a limited one – a simulated market is not capable of showing the full spectrum of problems that perk up on the real market. This is why a nice no deposit bonus is a good way for a trader to move onto the market without risking their real money on the market.
How to find the best South African Forex bonus
Where do you go about looking for Forex brokers with no deposit bonus offers, and how do you find them? That question is one that has bothered many before. If you are new to the industry or are simply looking for a new way to make money within it, a bonus is definitely something you might want to look into. But where?
The best Forex bonus is one that is found quickly, easily applied for and easily received. To find such a bonus, all you need to do is check with a Forex broker. Most international Forex brokers and most South African Forex brokers no deposit bonuses get updated during certain times of the year. These times are usually specific seasons when these brokers have had a certain surplus in revenue that they can reallocate towards further increasing their user base. Usually, these become welcoming bonuses for new customers and traders, encouraging them to sign up and deposit money to receive the bonus. Finding such a bonus is not that tough. All you have to do is look at the website of some of the brokers that you might be interested in. If they are offering a welcome bonus, they will usually have it promoted on their home page. If such a promotion is not present on the page, then it is probably not being offered currently.
If you can’t find a bonus with a company that you would like to work with, you might want to find and sign up for their newsletter. Brokerages usually have promotional offers for their clients, those who have signed up for their newsletters or subscribed to their social media platforms. This is where you might find nice South African Forex brokers with bonus offers or some kind of alternative bonus program that might interest you.
Better safe…
Though be careful! The hard part of the process is not finding a Forex bonus. Forex bonuses are usually offered in droves, and simply searching the words on google will result in a whole bunch of results on the subject. The real complicated part of the process is identifying which of these are legitimate offers and which are simple bait to attract you and then never provide you with the bonus. Whether it is a scam or an unscrupulous broker trying to attract you to trade with them, it is important to consider what kind of reputation the broker has in the South African Forex broker community.
Knowing what Forex bonus to pick with a South African broker
The process of choosing what bonus to pick with what broker can be a complicated one. If it is not a complicated process for you, you are not doing it right. The thing is, you have to do a lot of research before choosing to trade with a Forex broker. Think of it this way, if you were making an investment into a building, that as a bonus offered you to install a pool free of charge, would you not make sure that both the house and the pool are of good quality? Would you not make sure that you are getting what you paid for?
The same goes for South African Forex brokers offering no deposit bonus. You should not invest simply because you are looking to make some free cash, but also because you believe the company to be trustworthy. All South African FX brokers offer some kind of benefit for investing with them, but not all of them offer the same kind of quality of service or reputation. A bonus and broker choice should go together and should be done with great care.
Just consider this: one Forex broker is offering a no deposit bonus of 2750 Rand as long as you start trading with them, while the other is offering a 350 no deposit bonus. Which company would you start trading with? If you are anything like me five years ago, you will be thinking that the first option sounds pretty good. In fact, it sounds a little too good. While the information provided is not enough to decide whether a company is trustworthy, one thing is true: if something sounds too good to be true, you need to make sure it is not a lie. In some cases, companies will make great promises, only to do their best to not deliver on them. The better the premise sounds, the more likely the broker is to not deliver on it. They might give you the promised money and you make more money off of it, but they will simply block you from withdrawing the money. Or they might make the promise of the bonus once you deposit some cash, but you end up never receiving the bonus and have a hard time withdrawing the money you deposited with them. Whatever it is you do, you need to know why you are picking whatever you are picking.
Something else you need to consider: what kind of terms and conditions they have for their bonuses. Usually, a broker, whether it is a South African FX brokerage or otherwise, will have some terms and conditions attached to the bonus. It might be a no withdrawal policy unless you deposit a certain amount, or unless you make a certain amount of money off of the bonus. It could be that you need to complete certain actions to be able to receive the money. It is important to know these, so you can intelligently apply and gain benefit from the bonus.
Finally, it is important to know the general no deposit bonus withdrawal conditions, associated fees and other possible money related conditions that a Forex brokerage might have. If the brokerage has a nice bonus, but does not offer an agreeable spread system, has commissioned or has other aspects that you do not find to be agreeable to you, it is not recommended to try and get the bonus from the broker. Make sure to check if the broker is offering Forex no deposit bonus without verification, this should raise your suspicions and validate more research.
How to avoid South African scam Forex brokers and scam bonuses
The way to avoiding the scams we have mentioned so many times up to this point is simple: do your research and know the signs. While this might seem like a complicated and time-consuming process, it is an important one nonetheless. Just like with any other kind of investment activity, you need to know what you are doing, and need to know that your money is safe. This is why you need to research the Forex trading scams and treat all others with suspicion. If a broker has an underdeveloped and ugly website, is promising something that might seem too good to be true and has many negative broker reviews online, it might be a good idea to abstain from investing with them, as they are most likely to be either a scam or a very unscrupulous company. Here is a quick checklist of red flags to look for:
- If their website is underdeveloped or badly optimized
- If they are offering bonuses that seem unrealistic
- If they are not licensed by any regulatory body
- If they do not respond to chat, emails or calls
- If they have bad reviews on official websites, as well as user reviews
- Or if they have demonstrated any suspicious activity
These red flags should provide you with enough evidence to decide against investing with a company, despite the amazing bonuses they may offer. We have provided a number of reviews of good and bad forex brokerages in South Africa on our page that you can take a look at. Those should be able to help you understand what the best Forex broker qualities are and how to choose the best South African broker offering no deposit bonus.
An online casino welcome bonus is an essential part of the decision-making process when choosing a preferred casino site for yourself. Players seek the best sign up offer that gives them promotional cash when they create an account and make their first deposit.
This OUSC guide to online casino sign up deals describes what they are and how they work, along with a list of benefits to accepting these promotions. Finally, we cover how to claim them while also picking the best offers for you.
Welcome Bonuses
Everything You Need to Know About Online Casino Sign Up Bonuses
What are Casino Welcome Bonuses?
Winaday no deposit bonus codes 2018. Welcome bonuses are promotions offered to new players at online casinos. These first deposit bonuses give players more freeplay cash when they make their online casino deposits.
Why Use Casino Sign Up Bonuses?
Readers might wonder why they should use a sign-up promotion. Here’s a list of things that a welcome offer allows you to do.
- Test a Casino’s Games: Players might not know if they like an online casino’s games, so a sign-up bonus lets them play.
- Learn a Site’s Software: Just the same, a player might not know if they like the gaming interface. Thus, sign-up promos let the player test the software package.
- Lowers the House Edge: Accepting bonus cash is like joining a land-based casino’s slots club: it reduces the house edge.
- Test the Withdrawal Policies: If you’re cautious about a casino’s withdrawal policies or cashout times, the sign-up offer lets you see if they honor their promises.
Best Online Casino Welcome Bonuses
Our OUSC experts analyzed the best online casino sign up offers for US players. We divided this section into two broad categories: general welcome promotions and bitcoin first-time deposit bonuses.
We compiled our list looking into the followings factors: theselection of games, safe and fast payouts, and an array of exclusive offers. Finally, we looked at the specific deal itself. The promotion needs to be substantial, so penny players and high rollers alike can claim the bonus.
ONLINE CASINO | WELCOME BONUS | BONUS CODE | PLAY NOW |
---|---|---|---|
250% up to $12,500 | TRUROYAL | ||
100% up to $5,000 | WILD250 | ||
100% up to $3,000 | BOLCASINO | ||
225% up to $12,250 | WAGGINGTAILS | ||
150% up to $750 | OUSC150 | ||
100% up to $3,000 | NEWWELCOME |
Top Welcome Bonuses Found At Online Casinos
Below are the best online casino sign up bonuses identified by the OUSC team.
El Royale 250% Welcome Bonus
El Royale is a top-rated US online casino with no fees on their timely payouts and a wide variety of real money games. Players can find an excellent 250% Welcome Bonus Promotion, which includes 40 free spins.
The maximum bet allowed is $10, and the maximum payout is 30x the deposit amount. The wagering requirements is 35x.
Games included in this promo are Slots, Real-Series Video Slots, Keno, Scratch Cards, Board games.
BetOnline $3,000 Welcome Bonus
BetOnline Casino has a 100% Welcome Bonus for players who use the coupon code BOLCASINO when making their first deposit. This offer applies to the first three deposits, so high rollers can max out the promo cash at $3,000.
At the same time, this 100% sign up offer activates when you deposit as little as $25. This promo has a 40% wagering requirement. It’s the perfect way to give their games a try with a bit of extra bankroll right out of the gate!
Wild Casino Welcome Package
Wild Casino’s$5,000 Welcome Bonus includes a 250% up to $1,000 on your first deposit, along with a 100% match rate up to $1,000 on your next four deposits.
To trigger this deal, use the promo code WILD250 on the first deposit and WILD100 on the next four deposits.
The minimum deposit is $20, and there’s a 30x playthrough requirement. This offer is only valid for selected games.
$750 MyBookie Welcome Bonus
MyBookie offers a 150% Welcome Bonus up to $750 of free play money on your first deposit.
The maximum deposit required to max out this promo is $500, while the minimum deposit required to activate this promo is $45.
For this deal, the requirements are a 40x rollover of the deposit and also of the bonus amount. Use the coupon code: OUSC150.
Cafe Casino $5,000 Welcome Bonus
Gossip slots no deposit bonus codes. The Cafe Casino$5,000 Super Play Welcome Bonus has a match rate of 500% and a max limit of $5,000.
That means you’ll receive $5,000 if you deposit $1,000. This promotion has a 35x playthrough requirement and a 10x max cashout limit.
New players also can choose the $1,000 No-Max Welcome Bonus. This offer has no max cashout limit, so you can withdraw any amount of winnings you collect. The no-max cashout deal has a 25x playthrough requirement.
Best Bitcoin Casino Welcome Bonuses
As Bitcoin and other virtual currencies gain popularity, crypto-currency bonuses also have become more prominent at online casinos. Often, Bitcoin welcome bonuses are more substantial than traditional sign-up deals. There’s a reason for this. Crypto-currencies are faster, safer, and more private than credit cards, web wallets, and bank wire transfers.
With that in mind, here are the best Bitcoin welcome promos for US players.
Slots.lv $7,500 Bitcoin Bonus
The $7,500 Bitcoin Bonus at Slots.lv is the best crypto-currency deal in the US gaming market. It’s spread over your first nine deposits, making it easier to max out the promotion.
You receive a 300% up to $1,500 offer on the first deposit. On the next eight deposits, you receive a 150% match rate up to $750 on each deposit.
The wagering requirement on this special bitcoin offer is 35x for the deposit plus the bonus amount.
Bovada $3,750 Bitcoin Welcome
The $3,750 Bitcoin Welcome Bonus at Bovada Casino is another reliable bitcoin option. It pays out bonus cash on your first three deposits.
The first deposit has a 125% match rate. You’ll need to use the coupon code BTCCW1250 when making this first deposit. The second and third deposits have a 100% match rate and activate when you use the coupon code BTC2NDCWB.
This promo has a 25x wagering requirement for the deposit plus bonus amount.
Video Tutorial | Claim a Sign Up Bonus
In this video, we will teach about welcome bonuses and how to claim them.
Types of Online Casino Welcome Bonuses
There are different types of sign up offers at casino sites. Below we describe the most popular ones.
First Deposit Match Welcome Bonus
This is the basic welcome bonus, where the casino operator matches the player’s initial depositdollar for dollar. The match rate varies depending on the offer type, but it can typically range from 100% to 500%. A 100% match rate means you get $1 in promo cash for every $1 deposited.
Mobile Casino Sign Up Bonus
This offer encourages Android and iOS gamblers to join. You can get a bonus for making your first deposit and playing on your iPhone or Android smartphone.
Sign Up Bonus with Free Spins
Many bonuses also include free spin offers. This deal often consists of a standard free-play cash promo but enhances the promotion with tens or hundreds of free spins on online slots.
Crypto Welcome Bonus
Crypto-currency welcome bonuses are growing in popularity as Bitcoin, and rival cryptos become more common on the Internet. A cryptocurrency promo gives players an incentive to deposit using Bitcoin or one of the many altcoins: Litecoin, Ethereum, Dash, Ripple, or Bitcoin Cash.
How to Claim a Casino Sign Up Bonus
It’s easy to claim a sign-up bonus, but players need to be aware of two essential steps: the coupon code and the wagering requirement. If you don’t follow the proper steps in the correct order, you might not receive the promo cash. Follow this step-by-step format to claim a welcome bonus at most casinos.
Log In to the Casino
Once you join an online casino, log in to your account and proceed to the deposit page or player dashboard. Here, you’ll find the bonus offers.Use the Promo Code
Before you make a deposit, input the coupon code. This is often the essential step; if you forget it, you won’t receive the bonus cash.Make a Deposit
Pick the payment method you wish to use. Next, choose the amount you plan to make. Deposit strategically to max out the sign-up bonus. Confirm the payment method and amount.Play for Real Money
Next, play games for real money to clear the wagering requirement. Read through the terms of use carefully, and play only the games that clear the requirement. If you don’t, some casinos refuse to pay out promo winnings.Make a Withdrawal
Once you meet the wagering requirement, make a withdrawal with one of the acceptable payout methods. Most legitimate online casinos automatically track the wagering requirement for you, so you know when it’s time to cash out.
Things to Look for in Welcome Bonuses
To pick the promotion that’s right for you, below are various essential factors you should consider. Depending on the games you prefer and the amount you play, different casino bonuses might be the best for you.
Rollover and Wagering Requirements
Sometimes called the playthrough, the rollover is the number of times you must wager a bonus before you can withdraw it. It is an essential part of a wagering requirement. With a $100 offer, you need to wager $3000 to cash out.
Bonus Applied Only for Specific Games
Keep in mind that the bonus requirements only apply to some games. Slots and scratch cards usually have the best contribution rates, while blackjack and video poker often contribute the least, because of their low house edge.
Max Payout and Min Deposit
Free Welcome Bonus Brokers
The max payout is the amount of winnings a casino pays out on a bonus offer. A 10% max cash out on a $300 offer would be $3,000 in winnings. The minimum deposit is the least amount you can deposit and still trigger the promotion.
Using a Promo Code to Claim the Bonus
Remember to use the bonus code when claiming these offers. It isn’t always required, but before depositing, always check to see if you need to use a coupon code.
Try a Welcome Bonus and Start Winning Today!
Choosing an online casino sign up bonus is a crucial decision for many US online players. These offers give you free cash you can use to test different types of games, like live dealer or table games, and software while lowering the overall house edge. Free slots no download win real money.
With welcome bonuses, you can pick the best online casinos for your gaming needs. Sign up for an account, accept one of the six excellent welcome offers described above, and start enjoying the best casinos in the US online gambling market.
Claim your Welcome Bonus and Play for Real Money at El Royale Casino!
Free Welcome Bonus Slots
4.8 / 5.0
Free Welcome Bonus No Deposit Forex
4.8 / 5.0