The conclusion regarding how to use overseas forex bonusesis based on three principles: ① Choose a bonus with a cushioning function, ② Use it within its validity period, and ③ Use it all as margin without withdrawing or transferring funds.If you use it incorrectly, it can lead not only to the bonus being forfeited, but also to problems such as account freezing and withdrawal refusal.
This article provides a detailed explanation of overseas forex account opening bonuses and deposit bonuses, including six effective ways for beginners to make profits and important points to keep in mind to prevent them from expiring
Conclusion | 3 Principles for Using Overseas Forex Bonuses
- Choose a plan with a cushioning function: The value of the bonus changes drastically depending on whether it can be used as "margin to withstand losses."
- Use it before it expires: Most bonuses expire after about 30-60 days. They also expire upon withdrawal or transfer of funds.
- Do not violate the terms and conditions, such as hedging: This is the biggest cause of account freezing and withdrawal refusal.
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.
Types of bonuses for overseas forex trading
First, there are three main types of bonuses offered by overseas forex brokers
- Account opening bonus
- Deposit Bonus
- Other bonuses (cashback, referral bonuses, etc.)
Each bonus has its own unique features and points to note, so be sure to check them out
Account opening bonus
An account opening bonus is a bonus you receive for free when you open an account and complete the Know Your Customer (KYC) verification process
Since you can receive it without making a deposit, it's also called a no-deposit bonus or no-deposit bonus
The bonus amount varies depending on the overseas forex broker you use, ranging from around $93.75 at some brokers to around $18.75 at others(as of the end of July 2026,Vantage,BigBoss,AXIORY, and XMTrading were all offering around $93.75).
Even without any existing funds, you can use your bonus as capital to trade and make a profit
Furthermore, with the account opening bonus, you can check things like spreads, execution speed, and ease of use risk-free
Therefore, this bonus is something that those with limited capital should actively take advantage of. The ranking below is updated monthly to show which companies are distributing how much
Deposit Bonus
A deposit bonus is a bonus you receive based on the amount you deposit. It is usually expressed as "Deposit % of X%".
For example, if you deposit approximately $312.50 into an overseas forex account that offers a 100% deposit bonus, you will receive an additional approximately $312.50, which is 100% of the initial deposit
In other words, even if your initial capital is approximately $312.50, you can trade with a total of approximately $625.00
Another feature is that deposit bonuses are sometimes offered not only on the first deposit, but also on subsequent deposits. When choosing a broker, be sure to check whether or not they offer this bonus
Furthermore, many deposit bonuses include a "cushion function."
Cushion function: A function that allows you to use bonuses as margin
Without a cushioning function, bonuses cannot be used as margin and are practically meaningless
Many overseas forex brokers offer deposit bonuses with a cushioning function, but some offer deposit bonuses without this function
When taking advantage of deposit bonuses, remember to check whether or not a cushion feature is available. The availability of cushion features for each company is summarized in the comparison table in the ranking below
Other bonuses (cashback, referral bonuses, etc.)
The main types of bonuses offered by overseas forex brokers are "account opening bonuses" and "deposit bonuses," but some brokers also offer bonuses through cashback or referral programs
Cashback is a bonus you receive based on your trading activity.The cashback rate varies depending on the broker, but you can use it to effectively reduce the fees associated with your trades. It can be a beneficial bonus for those who trade frequently.
Referral bonuses are bonuses you receive for inviting someone to use your overseas forex broker. The bonuses vary, ranging from several thousand yen for each referral to the option to exchange them for prizes
Unlike margin credit bonuses, a major feature of cashbackcan be withdrawn as cash. By using a cashback site like our website "Money Charger (Manecha)" in conjunction with cashback, you can receive both bonuses and cashback.
6 Effective Ways to Use Overseas Forex Bonuses
By using bonuses offered by overseas forex brokers, you can distinguish between good and bad brokers and potentially generate more profits
Below, we will introduce six effective ways to use overseas forex bonuses
- Check the user experience and execution speed of a real account
- I'm aiming to strike it rich using my bonus
- Increase the trading lot size
- Increase the margin maintenance ratio to reduce the number of stop-loss orders
- Used for practicing trading and testing trading methods
- Going from one company to another to take advantage of bonuses offered by multiple companies
Check the user experience and execution speed of a real account
Demo (practice) accounts and real accounts have different server and communication environments, resulting in differences in rates and execution speed
Execution power: The ability of a broker to execute a trade at the price specified in the trader's order
In actual trading, the exchange rate may shift when you place an order, resulting in the order being executed at a slightly unfavorable rate (slippage). However, if the execution power is high, this order shift can be minimized
For example, imagine placing a buy order at approximately $0.75 10 sen, but the order is executed at approximately $0.75 11 sen. While some slippage is inevitable with any broker, this kind of slippage doesn't occur in demo accounts
Therefore, a situation can arise where "you can win on a demo account, but not on a real account."
That's where account opening bonuses come in handy.With a bonus, you can check the execution speed and slippage of various FX brokers without using your own funds.
In other words, you can experience using a real account with no risk. Execution speed is especially important in scalping trading, which aims for small profit margins, so try using the bonus to test the system risk-free
I'm aiming to strike it rich using my bonus
One option is to use the account opening bonus to engage in speculative trading and try to strike it rich
Deposit bonuses require a deposit, so they aren't completely risk-free. However, trading using only the account opening bonus allows you to trade without any risk
Furthermore,overseas forex brokers employ a zero-cut system where the broker covers any losses, so you don't have to worry about incurring debt due to losses.
Even if you lose, the only thing that happens is that your account opening bonus is reset to zero. Conversely, if you win, you'll earn a profit, so you can trade with peace of mind
Even with an account opening bonus of around $31.25, if you ride the trend successfully, you could potentially make a profit of tens of thousands of yen or more
The combination of high leverage and account opening bonuses is a unique appeal of overseas forex trading
Increase the trading lot size
By taking advantage of deposit bonuses, you can significantly increase the number of lots you trade
For example, if you deposit approximately $312.50 into an overseas forex broker offering a 100% deposit bonus, your total funds will be approximately $312.50 + approximately $312.50 = approximately $625.00
If you trade with 1,000x leverage in this situation, you would trade approximately $625,000 in USD/JPY. If there is no deposit bonus, the lot size is halved, and therefore the trading amount is also halved
Deposit bonuses are generally larger than account opening bonuses, so it's a good idea to actively use them for trading
It's important to note that without a cushion function, you cannot use the bonus as margin, so be sure to check whether or not a cushion function is available before using the bonus
Increase the margin maintenance ratio to reduce the number of stop-loss orders
Deposit bonuses can also be used to maintain a high margin maintenance ratio
The margin maintenance ratio is the percentage of required margin relative to the total market value. This ratio allows you to check the risk of margin calls and stop-loss (forced liquidation)
Overseas forex brokers have stop-loss levels in place; some are as low as 0%, while others may trigger a stop-loss at 50% or higher
However,by using deposit bonuses to increase your margin maintenance ratio, you can more easily withstand losses.
Even if the market temporarily moves against you, you can withstand it if you have sufficient funds, and there is a possibility that the rate will then move in your favor and you will win
When choosing an overseas forex broker, try to select one that offers deposit bonuses whenever possible
Used for practicing trading and testing trading methods
Since bonuses are "money that won't reduce your own capital even if you lose it,"testing new trading methods and practicing lot size management.
For example, you can use bonuses to test with real money how many lots you can trade relative to your capital to safely maintain your margin ratio. The biggest advantage is that, unlike a demo account, you can practice with the same level of tension as in real trading
The increased margin from the bonus with a cushioning function is also useful for testing long-term trading styles such as swap point trading
Going from one company to another to take advantage of bonuses offered by multiple companies
You can only receive the account opening bonus once per broker, butyou can receive it from multiple brokers.
As of the end of July 2026, there were four companies offering account opening bonuses of approximately $93.75. By using multiple brokers in sequence, it's possible to try trading with tens of thousands of yen in margin without making any initial deposit
After using up your initial investment, the standard procedure is to transfer funds to a broker offering generous deposit bonuses and move on to serious investment. Using a different name or approach to try and get a second investment from the same broker is a violation of their terms and conditions, so you should absolutely avoid doing so
Points to note when using bonuses
Even a bonus you've received can end up being a loss if you don't use it properly
Each broker has its own rules, so be sure to carefully check them before making a transaction
- Bonuses have an expiration date
- In most cases, the bonus itself cannot be withdrawn
- Engaging in hedging (both long and short positions) can result in severe penalties
Here are three important points to keep in mind
The bonus will expire after the expiration date
While the specific rules vary depending on the overseas forex broker you use, bonuses generally have an expiration date
For example,Vantage's account opening bonus expires if there is no trading activity for more than 30 days, XS.com's expires 60 days after being granted, and XMTrading's requires claims to be made within 30 days of opening a real account. Generally, there are deadlines of around 30 to 60 days
Since it will naturally expire after the expiration date, it's wise to use it as soon as possible if you want to make a profit from trading
Profits earned from trading can be withdrawn, but the bonus itself cannot
While you can withdraw profits earned from trading using bonuses from overseas forex brokers, you cannot withdraw the bonus itself
Also, if you withdraw any bonus funds from your account or transfer them to another account, the bonus will be forfeited. Please note that forfeited bonuses cannot be restored
Generally,keeping your bonus offers advantages such as being able to increase your lot size and maintain a higher margin maintenance ratio.
Therefore, try to use your funds for trading as much as possible without withdrawing them
However, with some overseas forex brokers like XM, only a portion of the bonus may be forfeited depending on the ratio of the withdrawal amount to the balance
Terms and conditions vary depending on the provider, so be sure to check the rules before withdrawing funds
Beware of trading strategies that exploit bonuses (such as hedging)
In overseas forex trading, hedging across multiple brokers is prohibited
Hedging is a trading strategy that involves simultaneously holding both buy and sell positions in the same currency pair. By doing this, you can generate both profits and losses regardless of which direction the price moves, thus reducing the risk of losses
For example, if you "buy" with company A and "sell" with company B, you are guaranteed to profit with one of the brokers
In other words, by trading using the account opening bonus, you can make a profit without any risk
Methods that unfairly disadvantage only overseas forex brokers are prohibited. Even if you are making a profit, be careful, as you will be penalized, such as having your account frozen, if a violation of the terms and conditions is discovered
It is also prohibited to use the same broker to engage in hedging across multiple accounts
Furthermore,hedging across multiple accounts within the same broker is also prohibited.
While hedging may seem like an effective way to diversify risk, it also has disadvantages, which is why many FX companies do not recommend it
In particular, overseas forex accounts that employ a zero-cut system almost always prohibit hedging
However, hedging within the same account is permitted
Zero-cut system:A system in which the FX company bears the loss if the account balance is exceeded due to a sudden change in market conditions.
Furthermore, trading and deposit/withdrawal rules vary among overseas forex brokers, so be sure to carefully check the terms of service and other details when choosing a broker
Frequently Asked Questions about How to Use Bonuses in Overseas Forex Trading
This article answers frequently asked questions about how to use bonuses offered by overseas forex brokers in a Q&A format
Q. Which overseas forex brokers offer account opening and deposit bonuses?
As of the end of July 2026, the following are the main overseas forex brokers that offer generous account opening bonuses and deposit bonuses
| Company name | Account opening bonus | Deposit bonus (first deposit) |
|---|---|---|
 Vantage Trading | approx. $93.75 | 120% (upper limit approx. $468.75) |
 XMTrading | Approximately $93.75 (increased for a limited time) | 100% (up to $500 equivalent) |
 FXGT | Equivalent to $70 (Optimus account) | 120% (up to $400 equivalent) |
 IS6FX | Approximately $18.75 to approximately $143.75 (variable) | 100% (Maximum approx. $375.00, Total approx. $6,250) |
The bonus campaigns offered by each overseas forex broker change periodically
The latest amounts, receiving conditions, and withdrawal conditions for all companies are updated monthly in the following two ranking articles, so please check them as well.
Q. Why are overseas forex bonuses available for free?
When you open an account or make a deposit with an overseas forex broker, you often receive a free bonus, but thisjust a promotional tactic by the broker.
The aim is to offer a free trial, similar to a trial campaign, allowing users to experience the service and then encourage them to use it long-term
Overseas forex brokers primarily generate revenue through fees (spreads), so it's likely they want to attract more traders
While receiving something for free might seem suspicious at first glance, there's no downside for the user. Take advantage of overseas forex bonuses and start trading!
Q. Are bonuses I receive taxed?
Account opening bonuses and deposit bonuses themselves cannot be withdrawn,they are not subject to taxes.
However, cash or bonuses that can be treated as cash (bonuses that can be withdrawn) are subject to tax
Furthermore, any profits earned using bonuses are subject to tax (National Tax Agency Tax Answer No. 1500 Miscellaneous Income).
The tax system for overseas forex trading is as follows:
| Reporting obligation | Salaried employees: over approximately $1,250; Non-salaried employees: over approximately $3,000 |
| tax system | Comprehensive taxation |
| tax rate | Progressive taxation (5-45%) *Miscellaneous income |
| Loss carryforward | Not possible |
Note that the tax system for domestic FX trading is different
Q. What are the reasons why my bonus disappeared or I didn't receive it?
main reasons why bonuses disappear are:"expiration," "withdrawal or transfer of funds," "dormant account," and "violation of terms and conditions such as hedging.
Furthermore, if you don't receive a bonus at all, it's almost always because you opened an account with an ineligible account type, your identity verification is incomplete, you used a method that required application and selection of how to receive the bonus, or you haven't met the minimum deposit amount. Check which of these applies to you and then contact the Japanese support of each company
Q. What do I do after I've used up my account opening bonus?
Since you cannot receive a second account opening bonus from the same broker,to either switch to a different broker's account opening bonus (broker hopping) or increase your margin with a deposit bonus before moving on to full-scale trading.
Using a false name or address to receive a second payment from the same company is a violation of the terms and conditions and may result in account freezing and refusal of withdrawals, so you should absolutely avoid doing this
Summary: Use your bonus within the time limit, with a buffer period, and within the terms and conditions
This page explains how to use bonuses offered by overseas forex brokers and important points to keep in mind
Finally, let's review the important points
- There are mainly three types of bonuses offered by overseas forex brokers
- You can check the user experience and execution speed of a real account
- It's also possible to use your bonus as capital to try and strike it rich
- You can increase the number of trading lots and maintain a high margin maintenance ratio
- It can be used for practice, method testing, and even for comparing services from multiple vendors
- However, bonuses have an expiration date. They will also be forfeited upon withdrawal or transfer of funds
- Be especially careful with hedging transactions
Overseas forex brokers offer more generous bonuses compared to domestic forex brokers. This means you can use those bonuses as trading capital, making it easier to profit even with a small amount of initial investment
The amount of bonuses each company is distributing changes every month. Check the latest rankings and start with the bonus that suits you best
＼ Can be used in conjunction with bonuses - Get cash back with every trade! ／
