Common types of forex bonus
A deposit bonus adds a percentage of your deposit as extra trading credit. A no-deposit bonus gives a small amount without funding. Others are cashback or rebate programmes, trading contests and loyalty points. Availability changes often and depends on the broker's legal entity and your country, so the live promotions page of each broker is the only source you should trust for current terms.
Conditions to check before accepting
Look for a required trading volume, usually measured in lots, before bonus funds or related profit can be withdrawn. Check the expiry date, which instruments count, and whether a withdrawal cancels the bonus. Some brokers remove the bonus entirely if you withdraw during the promotion. If any of these points is unclear, ask support in writing and keep the reply.
Why a broker with no bonus can be the better choice
Bonuses are a marketing tool, and the conditions can push you to trade more than you planned. A broker with no bonus programme but competitive spreads and quick withdrawals can cost you less overall and gives you full control of your balance. Exness is a well-known example of a broker that focuses on trading conditions instead of bonuses. See the Exness bonus page for details.