welcome bonus vs deposit bonus: what is the difference?

Hi everyone, I know this question may seem trivial but does welcome bonus mean the same thing as deposit bonus?

P
@paul_petit - 7 months ago

The welcome bonus is only for new clients who just made their first deposit, while the deposit bonus is for both old/new clients who make a deposit.

J
@josiah_edem - 7 months ago

I think the welcome bonus is a one-time offer for new customers while the deposit bonus is open to all customers who make a deposit. However, keep in mind that neither bonus is withdrawable, you can only withdraw profits made from trading with the bonus.

C
@chaka_muanzi - 4 months ago

Deposit bonus applies every time you make a deposit. But remember that you cannot withdraw the bonus, only profits realized from trading with the bonus can be withdrawn. However the bonus acts as a buffer, adding to your free margin and allowing you to set a wider stop loss.

The welcome bonus only applies to deposits mde by traders who just signed up with the broker.

H
@headies25284 - 1 week ago

1. Welcome Bonus

A welcome bonus is a reward given just for opening a new account with a broker.

Key points:

Often no deposit required

Usually small (e.g., $5–$30)

Meant for beginners to test the platform

Withdrawals usually restricted — you may be able to withdraw profits only after meeting trading conditions

Meant for practice, not real income

⭐ 2. Deposit Bonus

A deposit bonus is a bonus you get after putting your own money into the account.

Key points:

Requires you to make a deposit

Bonus size depends on how much you deposit (e.g., 20%, 50%, 100% extra)

Often has strict trading volume requirements

You usually can’t withdraw the bonus itself

Designed to increase your trading balance