Best Forex Brokers with Welcome Bonus in Europe 2026
Welcome bonuses give new traders extra credit when they sign up with a forex broker, but under ESMA rules these offers are not allowed for EU retail clients. This ranking highlights brokers that offer welcome incentives through non-EU entities or to professional accounts, alongside their EU-regulated retail offering. We note compliance clearly and prioritize trustworthy EU-regulated brokers that provide value through competitive spreads, low minimum deposits, and quality education rather than short-lived bonus cash.
Last verified: April 2026
ESMA Compliance Note
Under ESMA rules (in force since 2018), EU-regulated brokers are prohibited from offering bonuses and incentives to retail clients. This applies to all forms of trading credit, welcome bonuses, and deposit-matching offers for retail accounts. Brokers listed here may offer such incentives only via (a) non-EU entities, (b) professional accounts where the retail rules do not apply, or (c) legal alternatives like cashback rebates and loyalty rewards that are fully compliant with ESMA rules. We always recommend EU retail clients prioritize regulation and execution quality over short-term bonus offers.
| # ▲▼ | Broker ▲▼ | Score ▲▼ | Min Deposit ▲▼ | EUR/USD ▲▼ | Max Leverage ▲▼ | Regulators ▲▼ | Platforms ▲▼ | Action |
|---|---|---|---|---|---|---|---|---|
| 1 | IC Markets | 9.4 | $200 | 0.0 pips (Raw), 0.6 pips (Standard) | 30:1 | CySECCyprusASICAustraliaFSASeychelles | MetaTrader 4, MetaTrader 5, cTrader, TradingView | Visit |
| 2 | Pepperstone | 9.3 | None | 0.0 pips (Razor), 0.69 pips (Standard) | 30:1 | BaFinGermanyCySECCyprusFCAUKASICAustralia | MetaTrader 4, MetaTrader 5, cTrader, TradingView | Visit |
| 3 | IG | 9.2 | None | 0.6 pips average | 30:1 | BaFinGermanyFCAUKASICAustralia | IG Platform, MetaTrader 4, ProRealTime, L2 Dealer, TradingView | Visit |
| 4 | Interactive Brokers | 9.1 | None | 0.1 pips (average with commission) | 30:1 | SECUSAFCAUKCBIIrelandMNBHungary | Trader Workstation (TWS), IBKR Mobile, IBKR GlobalTrader, Client Portal | Visit |
| 5 | Saxo Bank | 9.0 | None | 0.6 pips (Platinum), 0.8 pips (Classic) | 30:1 | Danish FSADenmarkFCAUKASICAustralia | SaxoTraderGO, SaxoTraderPRO, SaxoInvestor | Visit |
| 6 | CMC Markets | 8.9 | None | 0.7 pips average | 30:1 | BaFinGermanyFCAUKASICAustralia | Next Generation Platform, MetaTrader 4 | Visit |
| 7 | XTB | 8.8 | None | 0.1 pips (Pro), 0.5 pips (Standard) | 30:1 | KNFPolandCySECCyprusFCAUK | xStation 5, xStation App | Visit |
| 8 | Exness | 8.8 | $10 | 0.0 pips (Raw), 0.3 pips (Pro), 1.0 pips (Standard) | 30:1 | CySECCyprusFCAUKFSASeychelles | MetaTrader 4, MetaTrader 5, Exness Terminal, Exness App | Visit |
| 9 | Swissquote | 8.8 | $1000 | 1.3 pips (Standard), 0.6 pips (Elite) | 30:1 | FINMASwitzerlandFCAUKSFCHong Kong | Swissquote Platform, MetaTrader 4, MetaTrader 5 | Visit |
| 10 | XM | 8.7 | $5 | 0.6 pips (Ultra Low), 1.6 pips (Standard) | 30:1 | CySECCyprusASICAustraliaIFSCBelize | MetaTrader 4, MetaTrader 5, XM App | Visit |
| 11 | FP Markets | 8.7 | $50 | 0.0 pips (Raw), 1.0 pips (Standard) | 30:1 | CySECCyprusASICAustralia | MetaTrader 4, MetaTrader 5, cTrader, IRESS | Visit |
| 12 | Capital.com | 8.6 | €20 | 0.6 pips average | 30:1 | FCAUKCySECCyprusASICAustralia | Capital.com Platform, Capital.com App, MetaTrader 4, TradingView | Visit |
| 13 | OANDA | 8.6 | None | 0.6 pips average | 30:1 | FCAUKASICAustraliaNFAUSA | OANDA Platform, MetaTrader 4, MetaTrader 5, TradingView | Visit |
| 14 | eToro | 8.5 | $50 | 1.0 pips | 30:1 | CySECCyprusFCAUKASICAustralia | eToro Platform, eToro App | Visit |
| 15 | Tickmill | 8.5 | €100 | 0.0 pips (Raw), 1.6 pips (Classic) | 30:1 | CySECCyprusFCAUKFSASeychelles | MetaTrader 4, MetaTrader 5, Tickmill App | Visit |
| 16 | FxPro | 8.5 | $100 | 0.0 pips (Raw+), 1.2 pips (Standard) | 30:1 | FCAUKCySECCyprusFSCASouth Africa | MetaTrader 4, MetaTrader 5, cTrader, FxPro Platform | Visit |
| 17 | Admirals | 8.4 | €25 | 0.0 pips (Zero), 0.5 pips (Trade) | 30:1 | CySECCyprusFCAUKEFSAEstonia | MetaTrader 4, MetaTrader 5, MetaTrader Supreme Edition, SteamTrader | Visit |
| 18 | Axi | 8.4 | None | 0.0 pips (Pro), 1.0 pips (Standard) | 30:1 | FCAUKASICAustraliaDFSADubai | MetaTrader 4, Axi Copy Trading App | Visit |
| 19 | Forex.com | 8.4 | $100 | 0.0 pips (Raw), 1.0 pips (Standard) | 30:1 | CySECCyprusFCAUKNFAUSAASICAustralia | Forex.com Platform, MetaTrader 4, MetaTrader 5, TradingView | Visit |
| 20 | Eightcap | 8.4 | $100 | 0.0 pips (Raw), 1.0 pips (Standard) | 30:1 | ASICAustraliaFCAUKCySECCyprus | MetaTrader 4, MetaTrader 5, TradingView | Visit |
| 21 | Vantage | 8.3 | $50 | 0.0 pips (Raw ECN), 1.0 pips (Standard) | 30:1 | ASICAustraliaFCAUKVFSCVanuatu | MetaTrader 4, MetaTrader 5, ProTrader, TradingView | Visit |
| 22 | BlackBull Markets | 8.3 | None | 0.0 pips (ECN Prime), 0.8 pips (Standard) | 30:1 | FMANew ZealandFSASeychelles | MetaTrader 4, MetaTrader 5, cTrader, TradingView | Visit |
| 23 | ThinkMarkets | 8.2 | None | 0.0 pips (ThinkZero), 0.4 pips (Standard) | 30:1 | FCAUKASICAustraliaFSCASouth Africa | ThinkTrader, MetaTrader 4, MetaTrader 5 | Visit |
| 24 | FXCM | 8.1 | $50 | 0.2 pips (Active Trader), 1.3 pips (Standard) | 30:1 | FCAUKASICAustralia | Trading Station, MetaTrader 4, TradingView, ZuluTrade | Visit |
| 25 | Plus500 | 8.1 | €100 | 0.8 pips typical | 30:1 | CySECCyprusFCAUKASICAustralia | Plus500 Platform, Plus500 App | Visit |
ESMA-Compliant Alternatives to Bonuses
EU retail clients cannot receive bonus credit, but these legal alternatives provide equivalent or better value.
Cashback Rebates
Third-party rebate programs refund a portion of every spread or commission you pay, reducing your effective trading cost. This is legal and often more valuable than a bonus.
Loyalty Tiers
Long-term clients receive improved pricing, dedicated support, and exclusive research as they accumulate trading volume. Tier upgrades are compliant with ESMA rules.
Professional Accounts
Qualifying traders (€500K portfolio, 10+ trades per quarter, or financial industry experience) can upgrade to a professional account, which is exempt from most ESMA retail restrictions including the bonus ban.
Reduced Commissions
High-volume traders can often negotiate lower per-lot commissions directly with their broker, providing ongoing savings that outpace any one-off bonus.
Free VPS / Premium Tools
Many brokers offer free VPS hosting, premium research subscriptions, and premium trading signals to active clients. These benefits tie to volume rather than deposits, making them compliant.
Raw-Spread Accounts
Switching from a standard account to a raw-spread + commission account can save 20-50% on EUR/USD costs — often a better long-term deal than any welcome bonus.
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CFD Risk Warning
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
This website is for informational purposes only. The content does not constitute investment advice. Trading leveraged products carries a high level of risk and may not be suitable for all investors. Past performance is not indicative of future results. EU retail leverage limits apply (ESMA): up to 30:1 on major FX pairs, 20:1 on minor FX, 20:1 on major indices, 10:1 on commodities, 5:1 on equities, 2:1 on crypto.