Headway
No deposit- Min deposit
- $1
- Leverage
- up to 1:1000
- Regulation
- FSCA (South Africa)
- Platforms
- MT4, MT5
- Extra
- Headway Giftshop rewards
- Paid as
- 7 daily missions
One page that collects the active forex promotions, trading contests, prop firm discount codes and broker conditions from across the FxDailyInfo network — and explains the rules that decide whether a bonus ever turns into withdrawable cash.
Headline numbers are only half the story, so every card shows the minimum deposit, leverage and regulator next to the bonus. Filter by type, then read the broker's own terms before you sign up.
Before you claim: bonus amounts, eligible countries and lot targets change often. Treat every figure here as a starting point and confirm it on the broker's promotion page on the day you register.
Contests reward skill, not deposit size. Demo contests cost nothing; live contests use your own funds but usually pay bigger prizes.
Trade XAUUSD during the festive season and win real 24-carat gold. Built for traders and partners in South Asia, including Bangladesh, India and Pakistan.
A football-themed live competition with a prize pool for the best-performing traders.
Free demo competition, recently focused on synthetic instruments. Virtual funds, real prizes.
Anniversary competition with a prize pool. Many rank by profit %, not dollar profit — check first.
Prize draw for new clients. Set actions after sign-up earn entries into the draw.
For IBs and affiliates. Prizes depend on the volume referred clients trade; CashBooster adds up to $3,000 a month.
Every lot earns Giftshop points for gadgets and gifts. Dreamway makes selected traders' wishes real each month.
The four brokers traders ask about most, broken down to the numbers that matter: claim window, lot target, profit cap and which accounts qualify.
The $150 is not paid at once. It is earned through a 7-day mission campaign: each completed daily mission pays $15 (7 × $15 = $105) and extra platform tasks add up to $45.
| Day | Market for the mission |
|---|---|
| Mon – Tue | Forex |
| Wed – Thu | Stocks |
| Fri | Gold & oil |
| Sat – Sun | Crypto / synthetic |
Also: up to 75% deposit bonus on every deposit (full rate usually for new clients who fund soon after registering), Headway Giftshop points, Dreamway monthly promotion and regular demo contests. Accounts: Cent $1, Standard $10, Pro $100 (from 0.0 pips). Regulated by FSCA via JAROCEL PTY LTD, licence 52108.
| Offer | Deposit | Key terms |
|---|---|---|
| $30 welcome | $0 | Profit cap ~$150; about 3.5–5 lots in 14 days |
| $50 South Asia | $0 | India, Pakistan, Bangladesh, Afghanistan; MT5; 5 lots in 14 days; withdraw $50–$150 |
| 100% deposit | From $50 | Bonus up to $200; valid 30 days; 1:500 on bonus account |
| 30% deposit | From $11 | Separate volume rules |
| Account | Spread from | Best for |
|---|---|---|
| Cent ($1 min) | 1.2 pips | Micro-lot practice |
| Standard | 1.2 pips | All-round trading |
| ECN | 0.0 pips | Scalping, EAs |
| PRO | 0.6 pips | Zero commission, experienced |
| Booster | 2.0 pips | Highest rebates |
| Bonus | 2.0 pips | Holds the welcome bonus |
Kingstown, SVG · STP/ECN · MT4/MT5 · leverage up to 1:2000 · 60+ currency pairs plus indices, metals, crypto and energies. Funding: Visa/Mastercard, Skrill, Neteller, Perfect Money, Bitcoin, Western Union and local banks.
Best for: South Asian traders starting small — the $1 Cent account and the $50 regional no deposit bonus make it one of the cheapest ways to test live trading.
No deposit bonus: $30 in most regions, $50 in some and $100 in selected markets. Claim within about 30 days of opening a real account. Not available in the UK or EEA.
| Deposit tier | Bonus | Cap |
|---|---|---|
| First deposit | 100% (50% in some regions) | $500 |
| Later deposits | 50% | $2,000 |
| Further deposits | 20% | $8,000 |
| Total possible | $10,500 | |
InstaFinance Ltd, BVI FSC (SIBA/L/14/1082) · leverage up to 1:1000 · 400+ instruments incl. 200+ currency pairs · MT4, MT5, WebTrader, ForexCopy · 24/7 support.
Best for: traders who want a large starter credit to learn on, and copy traders using ForexCopy. Check the StartUp agreement for the exact lot rule before trading.
Availability depends on which legal entity you sign up with. Here is how much choice traders get in each region.
Use local payment methods in your own name
Check local regulator warning lists
Read country exclusions in the small print
Verify the FSCA licence number
Confirm which entity serves your country
Avoid offers asking you to go offshore
Never use unregistered brokers
How fast your money moves depends on the method. Speed bars compare the typical experience across brokers in this guide.
Conditions compiled from broker profiles across our network. Maximum leverage depends on the account type and the legal entity you sign up with — offshore entities usually offer the highest figures.
| Broker | Regulation | Min deposit | Max leverage | Model | Platforms | Trader votes | Bonus |
|---|---|---|---|---|---|---|---|
VT Valetax Since 2023 · SVGLow-cost start | FSCSVG | $1 | 1:2000 | STP/ECN | MT4MT5 | 35% | $30 + 30% |
HW Headway Since 2023 · South AfricaBiggest no deposit | FSCA | $1 | 1:1000 | ECN/STP | MT4MT5 | 35% | $150 no deposit |
JM JustMarkets Since 2012 · SeychellesTop trader votes | FSACySECFSCAFSC | $1–$10 | 1:3000 | STP/ECN | MT4MT5 | 36% | $30 + 100% |
RF RoboForex Since 2009 · BelizeHighest deposit % | FSC Belize | $10 | 1:2000 | STP/ECN/MM | MT4MT5cTrader | 35% | $30 + 120% |
XM XM Since 2009 · CyprusBiggest deposit bonus | CySECASICIFSCDFSA | $5 | 1:1000 | Market maker | MT4MT5 | 35% | $30 + $10.5K |
IF InstaForex Since 2007 · BVICopy trading | BVI FSCCySEC | $1 | 1:1000 | STP/ECN | MT4MT5Web | 34% | StartUp + 100% |
KC KCM Trade Since 2016 · MauritiusAI mentor tools | FSC | $100 | 1:400 | ECN/STD | MT4MT5 | 32% | No bonus |
HM Hantec Markets Since 1990 · UKLongest track record | FCAASICFSA-JapanFSC | $100 | 1:2000 | ECN/STP | MT4MT5 | 30% | No bonus |
OC Octa Since 2011 · CyprusBeginners | CySECFSCAFSC | $5 | 1:1000 | ECN/STD | MT4MT5 | 20% | Periodic |
AX Axiory Since 2011 · BelizecTrader users | IFSCFSCFCA | $10 | 1:777 | NDD | MT4MT5cTrader | 15% | No bonus |
FB FBS Since 2009 · BelizeHigh leverage | CySECASICIFSCFSCA | $5 | 1:3000 | ECN/STD | MT4MT5 | 13% | $140 Level Up |
FT FXTM Since 2011 · CyprusEducation | FCACySECFSCAFSC | $10 | 1:500 | ECN/STD/MM | MT4MT5 | 5% | No bonus |
EX Exness Since 2008 · CyprusInstant withdrawals | FCACySECFSA | $1 | Very high | ECN/MM | MT4MT5 | 5% | No bonus |
HF HFM Since 2010 · CyprusWide regulation | CySECFCADFSAFSCA | $5 | 1:1000 | ECN/STD | MT4MT5 | 4% | Periodic |
FP FP Markets Since 2005 · AustraliaRaw spreads | ASICCySEC | $100 | 1:500 | ECN/STP | MT4MT5cTrader | 4% | No bonus |
TM Tickmill Since 2014 · UKLow commissions | FCACySECFSCA | $100 | 1:500 | ECN/STD | MT4MT5 | 3% | $30 welcome |
A funded challenge is the other route to trading bigger without risking a large deposit. Pass the evaluation and the firm funds the account — use a code to cut the challenge fee.
See what a deposit bonus really adds to your account and how much trading it takes to unlock. Pick a preset or enter the broker's numbers.
Most bonuses are margin credit — at many brokers losses come from your own deposit first, and withdrawing early can cancel the bonus.
Brokers compete for new clients with five main kinds of promotion. They look similar in an advert but behave very differently once you start trading.
FCA (UK) · ASIC (Australia) · CySEC (EU) · BaFin (Germany) · CFTC/NFA (USA)
Strongest protectionFSCA (South Africa) · DFSA (Dubai) · FSA (Japan)
Good protectionFSA Seychelles · FSC Mauritius · FSC Belize · VFSC · SVG FSA
Light rules, most bonusesMost bonuses come through offshore entities because tier-1 regulators restrict trading incentives. Keep larger balances with stronger regulation.
About leverage: at 1:1000 a 0.1% price move equals your whole margin on that position. Risk no more than 1–2% of your balance per trade and use a stop-loss, bonus or no bonus.
Deriv names Mustafa Al Hijjawi Head of Partnerships for the MENA region.
FxDailyInfo spotlights WOW Trade as a best forex trading platform pick.
The bonus credit itself stays with the broker. Profit made with it can usually be withdrawn after you verify your identity and complete the required trading volume within the time limit. Most brokers cap that profit, often between $50 and $500.
No. A deposit bonus is usually margin credit. It lets you hold larger positions or survive a deeper drawdown, but it cannot be withdrawn until you complete the lot requirement, and an early withdrawal of your own funds can cancel it.
Regulators such as ESMA-member authorities, the FCA and ASIC restrict or ban trading incentives for retail clients. Most bonuses are therefore offered through a broker's offshore entity to clients in Asia, Africa, Latin America and the Middle East.
Both carry no risk to your own money. A no deposit bonus lets you test real execution and the withdrawal process; a demo contest lets you practise under pressure and possibly win a cash prize. Many traders do both.
Yes, if you were going to buy a challenge anyway. A code only lowers the evaluation fee; it does not change the profit target, the daily loss limit or the maximum drawdown you must respect.
It is paid through a 7-day mission campaign: $15 for each daily mission (one trade of at least 0.01 lot with 3 points of movement) plus up to $45 for platform tasks. Part of the profit can be unlocked with a spin-the-reel feature; the rest unlocks by trading lots on a real account.
XM's typical structure is 100% on the first deposit up to $500, 50% on later deposits up to $2,000 and 20% on further deposits up to $8,000 — a combined maximum of $10,500. Only Standard and Micro accounts usually qualify.
Yes. Several offshore brokers accept clients from Bangladesh, including a reported Valetax $50 South Asia campaign and the Headway $150 bonus. Always complete verification with documents in your own name and confirm local payment methods before you start.
The most common triggers are withdrawing funds before the lot target is met, equity falling close to the bonus amount, no trading activity within the activity period, and using banned strategies such as arbitrage or hedging between linked accounts.
Copy the licence number and legal entity name from the broker's website footer, search them on the regulator's own public register, and confirm the website domain listed there matches the site you are using.
Each site focuses on one part of the market. Use them for deeper coverage of a single broker or bonus type.