Bonus availability
75 bonuses we have verified as available to traders in South Africa.
South Africa is one of the largest and fastest-growing retail trading markets in Africa, and unlike the EU or UK it has no blanket ban on broker bonuses. That means South African traders see a far wider range of deposit matches, no-deposit offers and rebates than traders in most regulated Western markets.
ATFX
ATFX South Africa (FSCA, FSP 44816) adds a trading credit equal to 100% of each deposit, up to R90,000 or USD 5,000 in total, until 30 December 2026. The credit becomes withdrawable balance only after you trade 1 standard lot round trip per USD 100 of credit, with at least 4 lots in total.
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.
Tickmill
A monthly Tickmill skill contest that awards one live-account trader a $1,000 cash prize they can withdraw immediately.
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.
OKX
New OKX users who verify, deposit and complete trading tasks earn a ladder of small crypto rewards; the first step is reported at about $5, and the $400 total needs very large deposits and trading volume.
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.
IronFX
IronFX adds a 20% notional credit on each qualifying deposit, capped at US$2,000, to boost your trading margin, but the credit itself is never withdrawable.
BlackBull Markets
New BlackBull Markets clients who join through a referral link can earn US$100 after depositing US$500 and trading 5 FX or metal lots, or US$250 after depositing US$2,000 and trading 20 lots.
FXTM
FXTM matches your first deposit 100% up to $500, but the match is paid as non-withdrawable Reward Points that you only unlock by trading 20,000 Tier Points within 30 days.
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.
Vantage
Vantage matches a new client's first deposit 150% up to $1,500 in trading credit, plus 25% on later deposits. The credit is margin only and cannot itself be withdrawn.
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.
FXTM
FXTM automatically enrols traders on Rewards Plus, Rewards and Advantage accounts in a points-based loyalty program where trading earns Reward Points that redeem for withdrawable cash at 500 points to $1.
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.
Weltrade
Weltrade matches a new client's first deposit up to 100%, capped at $500 in credit. The credit is never withdrawable, and only profits count once a trading-cost target is met.
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.
JustMarkets
JustMarkets adds up to 120% of a deposit as trading credit for clients in supported regions. The credit is margin only, released into withdrawable funds after heavy lot volume.
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.
FXTM
FXTM clients earn Reward Points worth $10 for every 2,000 Tier Points a referred friend trades, up to $100 per friend. The points redeem for withdrawable cash, but your friend has to trade heavily for you to reach the top.
NordFX
NordFX credits a non-withdrawable insurance bonus of $5 to $15 per traded lot (capped at $5,000) that activates only when your Pro account hits a Margin Call, letting you keep open positions alive.
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.
AvaTrade
New AvaTrade clients in eligible countries get 20% of their first deposit as a bonus, up to $10,000, from a $200 minimum deposit. It becomes withdrawable only after a high trading-volume requirement is met within 100 days.
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.
ThinkMarkets
ThinkMarkets pays you and a referred friend $15 each once you both deposit at least $50 and place a round-turn trade of $200,000 notional, with the friend given 30 days to qualify.
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.
Gate.io
New users on Gate (the exchange formerly branded Gate.io) can collect futures vouchers worth 118 USDT by finishing five starter tasks within 15 days of signup: registering, verifying identity, depositing 10 USDT, making a first 10 USDT trade, and downloading the app. The advertised 10,000 USDT is a separate challenge gated behind trading volume that almost no retail user reaches.
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.
Exness
Exness gives a free low-latency VPS to clients who meet the balance and trading volume criteria shown in their Personal Area, and who keep trading from it.
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.
52 more offers we track are not available to residents here.
Wider choice makes verification more important, not less. This page explains how the local rules work and what to check, then lists the offers we have researched that are available to South African residents.
The FSCA does not prohibit bonuses, so brokers operating legally in South Africa can and do offer them. What the FSCA does require is licensing: a retail forex or CFD broker needs a Financial Services Provider (FSP) authorisation, and since 2019 it also needs an Over-the-counter Derivative Provider (ODP) licence to offer derivatives to South African clients.
Because bonuses are allowed, South Africa sees most of the global deposit-match and no-deposit promotions that the EU and UK block. The trade-off is that the burden falls on you to confirm the broker is properly licensed before you chase a headline number.
Before claiming any offer, check the broker's FSP number on the FSCA website. A large bonus from an unlicensed or offshore-only broker is worth far less than a modest one from a broker that is authorised to take South African clients and will actually let you withdraw.
South Africa's market conduct regulator. Forex and CFD brokers must hold an FSP licence and, since 2019, an Over-the-counter Derivative Provider (ODP) licence.
Local currency: ZAR
South African retail trading is concentrated in forex and CFDs, with the rand as the common account currency and a strong base of active traders. Several global brokers hold FSCA and ODP licences specifically to serve this market, which is why local clients get access to bonuses that are off-limits elsewhere.
Watch the withdrawal terms as closely as the headline. An open bonus market also means more offers with heavy turnover requirements, so apply the same test you would anywhere: work out how much trading the bonus actually requires before any of it becomes yours.
Researched by the BrokerBonuses editorial team. Last reviewed 2026-06-06. · How we research