Bonus availability
60 bonuses we have verified as available to traders in India.
India is a huge retail trading market, but it is also one of the most restrictive for forex and CFDs. The rules here are set by two authorities working together, and they leave very little room for the deposit bonuses and welcome offers that offshore brokers advertise to Indian residents.
XM
XM's public promotions page offers a 100% deposit bonus up to $100, then 50% on following deposits up to $500 and 20% up to $5,000, paid as trading credit you cannot withdraw. Percentages vary by region.
BitMart
BitMart's referral program pays you a permanent commission of 20% (rising to 25% and 30% as you invite more people) on the trading fees of friends you refer for spot and futures trading.
CoinEx
New CoinEx users can earn up to 100 USDT in fee rebate vouchers by completing deposit and trading tasks; a 40 USDT deposit and a 50 USDT spot trade unlock 70 USDT, but the vouchers only refund trading fees and are not cash.
Crypto.com
New Crypto.com users who join with a referral code and trade earn a sign-up reward paid in CRO, realistically about $5 to $15 for a typical user, up to roughly $50.
Errante
Errante gives a tiered 15% to 30% match on your deposit as non-withdrawable trading credit, capped at $2,000, with no turnover requirement but with the catch that any withdrawal wipes out the bonus.
Fusion Markets
Fusion Markets clients on its Vanuatu (VFSC) or Seychelles (FSA) entity can earn $50 for themselves and $50 for a referred friend when the friend deposits $500 and trades 5 lots, rising to $250 each on a $5,000 deposit. Australian clients of the ASIC entity are not eligible.
M4Markets
M4Markets adds a 50% credit bonus to each deposit on an MT4/MT5 Bonus account, and the credit converts to withdrawable cash as you trade FX or metals.
CoinEx
CoinEx pays referrers a share of their invited friends' trading fees, starting at 15% for regular users (the headline 40% applies only to VIP 5 accounts) and credited in CET tokens.
Firstrade
Firstrade reimburses the ACAT transfer fee your old broker charges, up to $250, when you move $2,500 or more in eligible assets and keep them parked for 12 months.
Pepperstone
Pepperstone pays both you and a referred friend up to USD 1,000 in cash (or 20 commission-free trades on the retail version) once the friend deposits and trades a set number of lots within 90 days.
Binance
New Binance users who verify, deposit and trade can earn around $100 in rewards, but these arrive as trading-fee vouchers rather than withdrawable cash.
Grand Capital
Grand Capital gives verified new clients a $500 trading credit with no deposit required, but profits are only withdrawable after meeting a steep lot turnover and matching your profit with a real deposit within 7 days.
IronFX
IronFX credits a 100% Sharing Bonus on your deposit as non-withdrawable trading funds, with no cap on the amount, but profits made on it are split 50/50 with the broker on withdrawal.
IronFX
IronFX adds a 40% non-withdrawable credit bonus on deposits of US$500 or more, capped at US$4,000 per client, that boosts margin but can never be cashed out.
Windsor Brokers
New Windsor Brokers clients who make their first deposit by 31 October 2026 can earn $50 to $500 in withdrawable cash, if they trade 20 to 300 lots in 8 weeks and keep a minimum net deposit on the account.
Admiral Markets
Admirals' Deposit Boost matches your deposit 100%, up to $5,000, in trading credit on MT5 accounts. The credit only converts to withdrawable cash at $25 per $1,000,000 of notional volume traded.
FxPro
FxPro's tiered loyalty program returns a slice of your paid spread and commission as monthly cash rebates, rising through Silver, Gold, and Platinum levels up to a 15% ceiling, credited to your Wallet and withdrawable.
HFM
HFM matches qualifying deposits 100% in non-withdrawable trading credit, up to USD 50,000 in total, on Premium and Islamic accounts. Daily cash rebates are no longer offered to clients who register from 21 July 2026.
AMarkets
AMarkets pays existing clients a $50 cash reward for every invited friend who registers through their link, verifies, deposits at least $100 and trades more than one lot, while the friend receives a 20% trading bonus on their first deposit.
BingX
New BingX users who sign up with a referral code are reported to get a 20% trading fee discount plus a series of small USDT bonus vouchers that unlock in stages, not a guaranteed 7,700 USDT.
Coinbase
New Coinbase users who join through a referral link and make a qualifying purchase within 90 days get a bonus that varies by country, shown as $5 in USDC. Coinbase Advanced referrals pay $5 to $50 based on trading volume in the first 14 days.
FreshForex
FreshForex adds 15% of your first deposit (minimum $100, capped at $500) as real, withdrawable funds, with no trading volume requirement but a rule that deducts the bonus if you pull out more than 30% of the deposit within 60 days.
FXOpen
FXOpen refunds 15% of the trading commission on ECN and Crypto accounts during the first 90 days after registration, credited automatically and withdrawable right away.
Grand Capital
Grand Capital pays active Standard-account traders a per-lot cash rebate of $0.50 to $1.50, set by how many consecutive days they have been trading.
AMarkets
AMarkets gives traders who switch from another broker a 20% bonus on an initial deposit of $100 or more, capped at 5,000 USD, credited to a Standard account as non-withdrawable funds you can trade with.
ForexMart
ForexMart adds 30% of every deposit as a tradable bonus credit on ForexMart Classic accounts, withdrawable only after you trade 0.3 lots per bonus dollar.
FxPro
FxPro pays both the referrer and the referred friend a withdrawable $50 cash bonus once each verified account deposits at least $100 and trades 3 lots in forex or metals within 30 days.
KuCoin
New KuCoin users who verify, deposit, and trade within 30 days collect a randomized welcome package of roughly 100 USDT plus trading-fee coupons and futures trial funds, far below the advertised 11,000 USDT ceiling.
M4Markets
M4Markets pays referring clients $5 for every standard lot of FX or metals their referred friend trades, with lower rates on Raw Spread and Premium accounts.
XM
XM gives new clients a $30 trading credit with no deposit required, claimable after SMS phone verification in the Members Area.
AMarkets
AMarkets matches your first deposit 100% as a non-withdrawable credit bonus, up to $10,000 per client, letting you trade with double the margin while only the profits can be cashed out.
ForexMart
ForexMart adds a 20% credit to every qualifying deposit on Classic and Cent MT4 accounts, withdrawable only after you trade a volume equal to the bonus amount times 0.2 standard lots.
Octa
Octa adds 50% of every deposit as a bonus you can use as margin. The bonus itself becomes withdrawable only after you trade a volume of lots tied to its size.
Windsor Brokers
Windsor Brokers adds a bonus to every deposit of USD 100 or more once you enable it. New clients start at the Silver tier's 20%, and higher loyalty tiers get 50% or 100%. The bonus is non-withdrawable trading credit.
FreshForex
FreshForex credits $50 of trading credit to new clients who register, post a review of the company and redeem a promo code, but the bonus lives only 7 days at a time and converts to withdrawable balance at just $2.50 per closed lot.
RoboForex
RoboForex gives new, fully verified clients a 30 USD trading bonus after a card deposit of at least 10 USD, with profits withdrawable and no lot or turnover requirement.
FreshForex
FreshForex credits 300% of each deposit of 100 USD or more as tradable bonus funds (capped at 5,000 USD), which become withdrawable only after closed volume in lots reaches 35% of the bonus amount.
SuperForex
SuperForex credits new, fully verified Standard account holders an $88 no deposit bonus, but you can only withdraw profits (capped at $50) after trading one standard lot per dollar.
WhiteBIT
Entering the referral code 20CASHBACK during WhiteBIT registration applies a permanent 20% discount on all spot and futures trading fees from your first trade.
SuperForex
SuperForex adds 50% of every deposit you make as a tradable bonus credit that boosts your margin, with no lot or time requirement to withdraw your profits.
Eightcap
Eightcap adds trading credit to your deposit on a fixed table ($500 on a $1,000 deposit, a 50% match; 20% only at $5,000) that you unlock as withdrawable cash by trading $1.00 worth of credit per standard FX lot.
FP Markets
FP Markets pays existing clients a cash reward of $50 to $200 per friend they refer, based on how much the friend deposits and trades, with the reward withdrawable at any time.
HTX
HTX gives new users referred by an existing member up to five mystery boxes of small random crypto, plus futures trial credit, unlocked by logging in and hitting modest spot or futures trading volume within 14 days.
IC Markets
TradersPartner, an IC Markets introducing broker, gives new referred clients a choice of 100 USD paid by PayPal after trading 50 standard lots or a permanent per-lot commission discount of up to 1.50 USD.
AMarkets
AMarkets pays a per-lot cashback rebate on forex and metals trades, starting at $3 per lot for entry-level traders and rising to $17 per lot only at the top of a five-tier monthly-volume ladder.
BitMart
BitMart's New User Rewards total 13 USDT: a 3 USDT futures voucher for signing up, a 5 USDT spot fee voucher for a first deposit of at least 100 USDT, and a 5 USDT futures trading bonus. None of it is paid as withdrawable cash.
Bitget
Bitget advertises a welcome pack up to $6,200, but the rewards are non-withdrawable futures vouchers, and the realistic value to a typical new user is close to nothing.
Bybit
A staged sign-up offer for new Bybit users that pays up to 100 USDT in welcome gifts across four stages (20, 20, 20 and 40 USDT) for verifying identity, depositing 100 USD and trading, all within 7 days of registration. The last stage needs 30,000 USD of trading volume, so about 60 USDT is the realistic figure.
IC Markets
IC Markets matches your first deposit 100% up to $1,000 and every later deposit 50%, up to $25,000 in total non-withdrawable bonus credit that boosts your trading margin while any profits stay yours to keep.
LiteFinance
Enter the promo code EASYSTART on a deposit of $50 or more and LiteFinance adds 30% of it as tradable bonus credit, capped at $5,000. Profits are withdrawable, but the bonus itself only turns into cash after 50 trades and a lot volume tied to the bonus size.
Pepperstone
Pepperstone refunds the commission on up to 20 trades placed on a Razor account, capped at USD 600 total, after a referred client funds the account with at least USD 1,000.
Grand Capital
Grand Capital adds 40% to every qualifying deposit of $100 or more as tradable bonus credit, up to a $20,000 lifetime cap across all your accounts.
InstaForex
InstaForex adds a 30% bonus to every deposit with no upper limit. Trading profits are withdrawable, but the bonus itself needs X*3 InstaForex lots of turnover, where one InstaForex lot is a tenth of a standard lot.
MEXC
MEXC now advertises $10,000 in new-user rewards, but the bulk is non-withdrawable futures bonus credit. The genuinely usable part is roughly 40 USDT in vouchers.
eToro
eToro pays up to 3.80% annual interest on the uninvested USD cash sitting in your trading account, accrued daily and paid monthly, with no lock-in.
FP Markets
FP Markets covers the monthly cost of a low-latency forex VPS once you deposit at least 1,000 USD and keep trading enough lots each month, so your Expert Advisors run 24/5 without a hosting bill.
HFM
HFM pays an annual interest rate of 2% to 3% on your free margin, credited monthly to your wallet, once you trade at least 5 lots of forex or metals CFDs in a month.
HFM
HFM credits a percentage bonus on deposits into a Top-Up Bonus account, with the rate and cap set per client in the myHF Client Area. Profits are withdrawable, but the bonus credit stays locked as trading margin.
RoboForex
RoboForex pays up to 10% per year on your trading account balance, credited monthly, with the rate set by how many lots of forex and metals you trade each month.
Windsor Brokers
Windsor Brokers pays a tiered annual yield of 0.4% to 2% on your net equity as loyalty points, but only after you reach Gold status or higher and activate the feature.
67 more offers we track are not available to residents here.
This page explains the legal position honestly. The short version is that most of the bonuses you see promoted to Indian traders come from brokers that are not authorised to take your money in the first place, which matters far more than any headline percentage.
For practical purposes, broker bonuses are not legally available to Indian residents. The only forex trading a resident can legally do is in INR currency derivatives, USD/INR, EUR/INR, GBP/INR and JPY/INR, traded as standardised futures and options on recognised exchanges like the NSE, BSE and Metropolitan Stock Exchange through a SEBI-registered intermediary. These are regulated brokerage accounts, not the bonus-driven offshore accounts you see advertised online.
Trading forex or CFDs with an offshore online broker is a different matter. Sending money to an overseas broker to trade non-INR pairs is treated as a FEMA violation, and the RBI keeps an Alert List of platforms, now running to around one hundred names, that are not authorised to deal in forex for Indian residents. Several well-known international brands appear on it. Because these brokers cannot legally take your funds, the bonuses they attach are not offers you can safely act on.
If you see a deposit match, cashback or no-deposit credit aimed at Indian traders, assume it comes from an offshore broker operating outside FEMA. Penalties under FEMA can reach three times the amount involved, and getting funds back from an unauthorised platform is difficult. A bonus is worth nothing if the underlying account is not one you are permitted to hold.
Regulates exchange-traded currency derivatives. Retail traders may only deal in INR currency pairs through SEBI-registered brokers on recognised exchanges such as the NSE and BSE.
Administers the Foreign Exchange Management Act (FEMA) and publishes an Alert List of platforms that are not authorised to deal in forex for residents.
Local currency: INR
India has a very large and active derivatives market, but its retail forex segment is deliberately narrow. The rupee is non-convertible on the capital account, which is the root reason residents are confined to INR-paired contracts on local exchanges rather than the open offshore market. Leverage on retail currency derivatives is also capped at modest levels by SEBI, a deliberate contrast to the high leverage offshore brokers use to market themselves.
Treat any aggressive bonus pitched at Indian traders as a warning sign, not an opportunity. Recovery scams that promise to retrieve money lost to unauthorised platforms are common here and often target the same people twice. Before depositing anywhere, check the RBI Alert List and confirm the broker is SEBI-registered. If it is neither, the bonus is the least of the problems.
Researched by the BrokerBonuses editorial team. Last reviewed 2026-06-07. · How we research