Best Brokers for Online Trading
If you want to trade the markets from home, having a good trading firm is important. And if you trade for a living, knowing where you can get a good bonus won't hurt either. Below, we've ranked the top 10 trading sites. Some of these brokers offer a welcome bonus you don't even have to deposit for.
Most brokers offer forex trading as well as stock marking trading and commodities trading such as oil and gold. Each bonus shown here will be deposited into your trading account right away by the broker. So take your pick!
Online Trading Firm Top 10
|
Broker |
U.S. |
Mac |
Trade Types |
minimum deposit |
Bonus |
Review |
Get Bonus |
Rating |
|
Markets.com |
Forex Stocks Commodities |
$50 |
20% up to $2000 |
review | 9.7 | |||
|
eToro |
Forex Stocks Commodities |
$50 | 10%-25% up to $1,000 | review | 9.3 | |||
|
FBS |
Forex | $0 |
25% on each deposit +$5 without deposit |
review | 9.0 | |||
|
Forexyard |
Forex Stocks Commodities |
$100 | 10% up to $1,000 | review | 9.0 | |||
|
Roboforex |
Forex Stocks Commodities |
$0 | $5 without deposit | review | 9.0 | |||
|
AvaFX |
Forex Stocks Commodities |
$100 | up to $1,200 | review | 8.9 | |||
|
Instaforex |
Forex Stocks Commodities |
$1 | 30% on each deposit | review | 8.7 | |||
|
4XP |
Forex Stocks Commodities |
$1,000 | 30% up to $10,000 | review | 8.6 | |||
|
Marketiva |
Forex | $0 | $5 without deposit | review | 8.6 | |||
Online Trading Site Top 10 Explanation
US friendly brokers
After the adaption of a new law, foreign trading firms have to abide by many more rules in the U.S. than before. Leverage ratios have also been brought down substantially, making it much harder for small traders to participate on the market through margin trading. As a result, many brokers have stopped serving U.S. clients.
Mac friendly trading sites
Some trading sites have chosen to use the trading platform Metatrader exclusively. Altough this is a popular trading platform, it is not suitable for Mac OS. (it is possible to use Metatrader with a Mac, but this requires some work). Therefore, in those cases where the broker only offers Metatrader, we label it as a mac unfriendly broker. When a Mac icon is shown, this of course means the broker is mac friendly.
How much bonus you will get
For the no deposit bonus this is clear. After creating your account, you will get the bonus that is shown in the list. For the instant deposit bonus (a.k.a welcome bonus) it depends on your deposit. In the example of Markets.com, the best trading site in our opinion, the exact amount of the bonus would be calculated as follows: suppose you deposit $500, Markets.com will then add 20% of that amount, $100 to your balance, for a total of $600. You can immediately trade with that $600. The max bonus Markets.com offers is $2,000, for which you'd have to deposit $10,000.
Note: unless it is clearly stated otherwise, you will only get a bonus percentage over your FIRST deposit.
How do we arrive at the rating
The broker ratings at ForexBonusFree are not exclusively based on the bonuses that are offered. Of course they play an important role, but we also look at if and how the broker is regulated, what kind of trading software it offers, what kind of trading products the broker offers, how easily the bonus is traded free etc. For a complete review of the broker, simply click 'review' in the list.
The reason we chose Markets.com as the best broker is because not only is the 20% bonus rapidly given, this broker is also regulated by the British FSA, very user friendly and offers a wide range of trading products.
If you have questions about a particular trading site, please do not hesitate to contact us.