You cannot receive an account opening bonus from the same broker twice.Every overseas forex broker has a terms and conditions that state "once per person, only upon initial registration," and they strictly verify your name and identity documents (KYC), sofalse registrations are highly likely to be detected and result in account freezing and withdrawal refusal.
However, there are ways to receive the bonus multiple times, effectively making it a "second time." This article explains, with the latest information as of August 2026 , why you might not receive the bonus a second time, how you might get caught, what you absolutely must not do, and five ways to receive the account opening bonus again within the terms and conditions
Conclusion | Key points of the second account opening bonus
- You cannot receive the bonus a second time from the same broker: "One time per person" applies to all brokers. Additional accounts and accounts under different names are also ineligible for the bonus.
- Fraudulent acquisition will almost certainly be detected: Verification will be conducted using identity documents, personal information, and IP address, resulting in penalties such as account freezing and loss cancellation.
- You can essentially get a "second time": The correct approach is to combine account opening bonuses, deposit bonuses, and cashback offers from different brokers.
The latest bonus amounts and conditions you can receive are updated monthly in our " Recommended Account Opening Bonus Ranking " and " Recommended Broker Ranking for Deposit Bonuses ."
*This article was created and updated by the MoneyCharger editorial team in accordance with their content creation policy . Bonus amounts and conditions were confirmed on each company's official website (promotion page and terms of use), and also based on publicly available information from government agencies such as the Financial Services Agency and the Consumer Affairs Agency . As this information changes quickly, please be sure to check the latest information on the official website before applying.
There is no second chance to receive the account opening bonus for overseas forex brokers [the principle is one bonus per person]
In short,you cannot receive an account opening bonus twice from the same overseas forex broker. This is because account opening bonuses are incentives aimed at "acquiring new customers," and every broker's terms and conditions stipulate that they are "only available once per person and only upon initial registration."
What is an account opening bonus?
An account opening bonus (no-deposit bonus)a margin credit given only to those who open a new account. You can start real trading without making a deposit, and while the bonus itself cannot be withdrawn, any profits earned with the bonus can be withdrawn if certain conditions are met.
The bonus system, cushioning features, and tips for preventing bonuses from expiring are explained in detail in " 6 Ways to Use and Make the Most of Overseas Forex Bonuses ."
You can only receive it "once per person per company"
The conditions for receiving an account opening bonus are almost always "forfirst-time users of that broker and for opening their first account." Unlike domestic FX brokers, there are no hurdles regarding trading volume or deposit amount, but you only get one chance to receive the bonus per broker in your lifetime.
Even if you close your account and re-register after using up the bonus you received, you will not be granted the bonus a second time because you will be considered the same person
Additional accounts and multiple accounts are not eligible for bonuses
In overseas forex trading, it is permitted to have multiple accounts (additional accounts) with the same broker. However,opening an additional account does not qualify as "opening a new account,"so no account opening bonus will be awarded.
Many brokers design their deposit bonuses to be awarded "with each deposit," meaning you can receive them even after the first deposit. This difference is key to the "method for effectively receiving the second bonus" which will be explained later
4 reasons why your second account opening bonus might be discovered by the broker
Some people might think, "If I change my registration information a little, I can get it a second time too," butfraudulent duplicate registrations are almost certainly detected. This is because overseas forex brokers strictly verify identities from an anti-money laundering (AML) perspective, and verification is done through the following four channels.
① Duplicate names and personal information will be checked immediately
Your name, date of birth, address, phone number, and email address will be automatically verified against your existing account when you open a new account.If any of these match, your account will be suspected of being a duplicate registration, and you will not receive the bonus.
- Matching name and date of birth → Immediately identified as an existing customer
- Address matching → This can raise suspicion of duplication even when registering family members
- Matching phone number and email address → This is treated as strong evidence of use by the person concerned
② Identity verification documents (KYC) cannot be faked
Most account opening bonusesrequire completion of Know Your Customer (KYC) verification. Since your identity and address are confirmed when you submit official documents such as a driver's license or My Number card, attempts to register under a false identity will inevitably fail at this stage. Any alteration or editing of document images will be detected during upload and result in an error.
③ Matching IP address and device information
The service provider records IP addresses and device information when an account is opened and when a user logs in. While an IP address alone cannot identify an individual,creating multiple accounts from the same network or device will trigger a flag in the duplicate account detection system. There have been reports of accounts being suspended due to "identical device and identical transactions."
④ This can also be found in MT4/MT5 trading data
Overseas forex trading platforms are almost identical, using MT4/MT5, and it's possible to analyze the relationships between accounts from the data on the trading server. In particular, brokers are closely monitoring arbitrage (hedging) using bonuses , and unnatural simultaneous trading across multiple accounts will be detected. For more details, please see " Is Arbitrage Profitable? Explanation of Methods and Prohibited Practices ."
Penalties and risks if a second instance of fraudulent acquisition is discovered
The penalties for fraudulently obtaining a second bonus are severe, andthe risk is not worth the several thousand to tens of thousands of yen in bonuses you may receive. The three main penalties are as follows:
① Account freezing/account suspension
If duplicate registrations are discovered, your account will be frozen without prior notice. In most cases, you will be locked out of member pages and the platform, and unable to even close your open positions
② Cancellation of profits and refusal of withdrawals
Any profits obtained through violations of the terms and conditions are subject to confiscation.Not only bonus funds, but also profits earned from those bonuses, and in some cases even the withdrawal of your own deposited fundsmay be restricted. Many of the customer reviews claiming "withdrawal was refused" are actually due to such violations of the terms and conditions.
③ Potential impact on opening accounts with other brokers
It is said that information on fraudulent users is shared among overseas forex brokers. It's possible that fraud at one companylead to your account opening being rejected by group companies or partner brokers. If you intend to continue trading for the long term, you should avoid any actions that could damage your credibility.
Borrowing or selling someone's name is a violation of the terms of service and carries criminal risks. [Absolutely forbidden]
While some sources suggest so-called loopholes such as "borrowing the names of family or friends" or "buying accounts under someone else's name from illegal brokers," opening an FX account under someone else's name is prohibited , regardless of whether it's an overseas or domestic FX account
It's perfectly fine for family members to open accounts and trade using their own funds and willingness. However, be aware that registering with the same address and the same device may raise suspicion of duplication, and there's a risk of account suspension if it's determined that the account was opened solely for bonus purposes
[Essentially a second time] 5 ways to receive your account opening bonus again
Even if you can't receive a second bonus from the same broker,there are five ways to effectively get a "second" account opening bonus within the terms and conditions. This is a much more reliable way to obtain more funds than taking risks and engaging in fraudulent activities.
① Receive an account opening bonus from another overseas forex broker
This is the most reliable and effective method.Since the account opening bonus is "only once per broker," you can receive it from multiple different brokers. The main brokers offering account opening bonuses as of August 2026 are as follows:
| Company name | Account opening bonus | Features |
|---|---|---|
 Vantage Trading | approx. $93.75 | Full amount if identity verification is completed within 7 days of registration (approximately $62.50 after 8 days) |
 BigBoss | approx. $93.75 | No conditions for withdrawing profits; can be used in conjunction with deposit bonuses |
 AXIORY | approx. $93.75 | No deposit required support credit (invitation email type - extremely rare) |
 XMTrading | approx. $93.75 | Increased amount for a limited time (normally approximately $18.75) |
 FXGT | Equivalent to $70 | Optimus account only |
 IS6FX | approx. $18.75 ~ approx. $143.75 | Pay attention to the weekly variable, high-value campaigns |
 XS.com | approx. $31.25 | Emerging brokers with a B2B background |
For the latest comparisons, including each company's receiving and withdrawal conditions and points to note, please refer to the ranking article below, which is updated monthly
② Combine with deposit bonuses
While account opening bonuses are typically a one-time offer,deposit bonusesare often designed to be received "every time you make a deposit." The most common tiered system involves a 100-120% bonus on the first deposit, followed by 20-50% bonuses on subsequent deposits, with cumulative bonus limits ranging from several hundred thousand yen to approximately $6,250.
For example,Vantage Trading offers a 120% initial bonus (up to approximately $468.75), andIS6FXoffers a total of approximately $6,250 in three stages,allowing you to add several times the amount of margin as an account opening bonus. The bonus rate, limit, and availability of cushioning features vary greatly among brokers, so please compare them in the article below.
③ Take advantage of limited-time or increased-payout campaigns and visit multiple service providers
In the world of overseas forex trading, there's always some broker running a limited-time bonus increase campaign. As of August 2026, there are still opportunities to take advantage of these offers, such as XMTrading's increased account opening bonus (normally approx. $18.75 → approx. $93.75) andIS6FX's weekly campaigns
a "ladder strategy"—applying to lenders you haven't yet opened accounts with when your loan limit is increased—you can maximize the amount you receive in a single transaction. It's also a good idea to keep one or two lenders you haven't opened accounts with open with for emergencies.
④ Utilize the friend referral program
Some brokers offer "referral programs" whereboth the referrer and the referred person receive a bonus or cashback of several thousand yen when a family member or friend opens. There is absolutely no problem with referring people through legitimate programs, as long as you are not using someone else's name.
⑤ With cashback sites, you can get cash "every time you make a transaction," no matter how many times you do it
The weakness of bonuses is that there are limits to the number of times and the amount that can be received. In contrast,overseas FX cashback sites work by returning a portion of the spread in cash each time you trade, so they essentially function as a permanent bonus with no limit on the number of times you can receive it.
- Unlimited frequency: Unlike account opening bonuses, you can receive them indefinitely as long as you continue trading.
- Available in cash: Unlike bonuses that are limited to a certain margin deposit, this bonus can be withdrawn and received via bank transfer.
- Can be used in conjunction with bonuses: You can receive both the account opening and deposit bonuses from the broker and this bonus.
Our website, Money Charger (Manecha), partners with numerous overseas forex brokers and offers cashback at the highest rates in the industry. For details on how it works, please see " What is Overseas Forex Cashback? A Simple Explanation of How It Works and How to Choose, " and for specific ways to earn money, please see " How to Earn Money Using Cashback ."
＼ Can be used in conjunction with bonuses - Get cash back with every trade! ／
Points to note when receiving a bonus
When receiving bonuses from multiple providers,three important points to check beforehand: "expiration date," "prohibited actions," and "withdrawal conditions." Make sure you understand these to avoid losing the bonuses you've received.
Check the expiration date and conditions for expiration
Many account opening bonuses have an expiration date of around 30 to 60 days, and many brokers will forfeit the bonus upon withdrawal or transfer of funds between accounts . Managing expiration dates becomes especially important when using multiple brokers. Details on how bonuses expire are summarized in " How to Use and Prevent Overseas Forex Bonuses ."
Please abide by prohibited practices (such as hedging and arbitrage)
Using bonuses tohedge between brokers, hedging across different accounts within the same broker, and arbitrage exploiting delaysare prohibited by almost all brokers. Since having accounts with multiple brokers can unintentionally result in a hedged position, please be careful with position management.
Check the withdrawal conditions and deposit/withdrawal rules
Withdrawals of profits earned through bonuses are generally subject to conditions such as "trading a minimum of X lots." Furthermore, deposits and withdrawals must be made using the same method and under the same name.Deposits and withdrawals using bank accounts or cards in someone else's name will be rejected, so using a borrowed name is not an option in this regard.
Frequently Asked Questions Regarding the Second Bonus for Opening an Overseas Forex Account
Q. Has anyone received the account opening bonus twice from the same broker?
You cannot receive funds from the same provider twice through legitimate means. Even if someone reports on social media that they "received" funds, they are still at risk of having their account frozen and profits forfeited if a violation of the terms and conditions is discovered later. Providers often detect violations when withdrawal requests are made, not when funds are awarded, so "receiving funds" does not mean "not being detected."
Q. Is it okay to receive the account opening bonus in a family member's name?
It is perfectly acceptable for a family member to open an account of their own volition and trade on their own. However, if you manage an account in a family member's name on their behalf, this constitutes nominal use and is a violation of the terms of service. Please also note that registering accounts at the same address and on the same device may raise suspicion of duplication
Q. Is it illegal to open an account using false information?
Opening an account using false information is a violation of the service provider's terms of service, and buying, selling, or transferring an account in someone else's name may violate laws such as the Act on Prevention of Transfer of Criminal Proceeds. There have also been reports of secondary victims whose names are misused by fraud groups, so you should absolutely refrain from doing so
Q. Are there any brokers that offer a bonus for opening a second account?
No broker will offer a second account opening bonus to the same person. However, some brokers offer re-deposit campaigns or limited-time bonuses for existing customers. If you're aiming for a second bonus, you should take advantage of account opening or deposit bonuses from a different broker
Q. Can I receive bonuses even with a demo account?
You cannot receive it. The account opening bonus is only available for newly opened real accounts. Demo accounts are for practice with virtual funds and are therefore not eligible for bonuses or cashback
Q. What should I use next after I've used up my account opening bonus?
We recommend a three-pronged approach: ① account opening bonuses from brokers you haven't opened an account with yet, ② deposit bonuses, and ③ cashback sites. Cashback, in particular, is a permanent system where you receive cash back with every trade, so it functions as a "fourth bonus" after your other bonuses have run out
Summary: Rather than trying for a second time, the correct approach is to use a different provider, deposit bonus, and cashback
Overseas forex account opening bonuses are limited to one per person per broker.There is no way to receive a second bonus from the same broker, and fraudulent acquisition only carries the risk of account freezing and withdrawal refusal.
Instead,by combining account opening bonuses, deposit bonuses, and cashback offers from other brokers, you can increase your trading capital advantageously multiple times within the limits of their terms and conditions. Check the latest bonus information in our monthly updated "Recommended Account Opening Bonus Ranking" and "Recommended Broker Ranking for Deposit Bonuses" to make smart use of bonuses.
