1 Sign-up reward
4.6 Sign-up Reward in Bitcoin
Coinbase
$200
Sign-up reward paid in Bitcoin, up to $200, after you deposit $25 and trade $100 within 180 days.
Bonus availability
Broker bonuses in Portugal
41 bonuses we have verified as available to traders in Portugal.
Portugal applies the EU's strictest consumer protections to leveraged trading, and that includes promotions: CFD providers authorized to serve Portuguese retail clients cannot use bonuses to attract them.
Bonuses available in Portugal
2 Free stock
4.4 Free Fractional Share Welcome Bonus (Up to £100/€100)
Trading 212
£100
New Trading 212 clients who open and fund an Invest or Stocks ISA account get one randomly selected free fractional share worth between £8 and £100, with the cash value locked for 30 days.
3 Free stock
4.3 eToro Welcome Bonus: Up to $500 in Free Stocks
eToro
$500
New eToro customers in eligible countries who deposit at least US$200 and select stocks as their trading interest can receive up to US$500 in free stocks, scaled to deposit size.
4 Free stock
4.3 XTB Free Share: One Free Stock When You Fund
XTB
$30
New XTB clients who open an account and make a deposit receive one free real share, typically worth between about $25 and $80, with no trading or holding requirement.
5 Referral
4.2 BitMart Referral Program: 20% Commission (Up to 30%)
BitMart
Referral commission on invitees' trading fees
BitMart's referral program pays you a permanent commission of 20% (rising to 25% and 30% as you invite more people) on the trading fees of friends you refer for spot and futures trading.
6 Contest
4.2 Trader of the Month Contest ($1,000 Prize)
Tickmill
$1,000 monthly cash prize
A monthly Tickmill skill contest that awards one live-account trader a $1,000 cash prize they can withdraw immediately.
7 Sign-up reward
4.1 Crypto.com Sign-Up Bonus: CRO Reward for New Users
Crypto.com
CRO 25
New Crypto.com users who join with a referral code and trade earn a sign-up reward paid in CRO, realistically about $5 to $15 for a typical user, up to roughly $50.
8 Referral
4.0 CoinEx Referral Program - 15% Trading Fee Commission for New Referrers
CoinEx
Trading fee commission
CoinEx pays referrers a share of their invited friends' trading fees, starting at 15% for regular users (the headline 40% applies only to VIP 5 accounts) and credited in CET tokens.
9 Cashback
4.0 Firstrade ACAT Transfer Fee Rebate
Firstrade
$100
Firstrade reimburses the ACAT transfer fee your old broker charges, up to $250, when you move $2,500 or more in eligible assets and keep them parked for 12 months.
10 Sign-up reward
3.9 OKX New User Bonus: Up to $400 in Bitcoin
OKX
BTC 400
New OKX users who verify, deposit and complete a trade can earn a tiered reward paid in Bitcoin, from $100 for a small deposit up to $400 for a deposit of $10,000 or more.
11 Referral
3.8 Pepperstone Refer-a-Friend Program (20 Free Trades or up to $1,000 Cash)
Pepperstone
Up to $1,000
Pepperstone pays both you and a referred friend up to USD 1,000 in cash (or 20 commission-free trades on the retail version) once the friend deposits and trades a set number of lots within 90 days.
12 Sign-up reward
3.7 Binance Welcome Bonus: Up to $100 in Trading Vouchers
Binance
USDT 100
New Binance users who verify, deposit and trade can earn around $100 in rewards, but these arrive as trading-fee vouchers rather than withdrawable cash.
13 Referral
3.7 Trading 212 Invite a Friend: Free Fractional Shares
Trading 212
€100
Refer a friend to Trading 212 and both of you get a randomly selected fractional share worth between EUR 8 and EUR 100 once your friend opens an Invest or Stocks ISA account and makes the minimum deposit.
14 Referral
3.4 Bitpanda Tell-a-Friend: €5 Per Friend Who Invests €500
Bitpanda
Up to €100
Refer a friend to Bitpanda and you both earn €5 once they invest their first €500 in crypto or a Bitpanda Crypto Index, with rewards scaling up to a joint €200.
15 Loyalty program
3.4 FXTM Rewards Loyalty Program
FXTM
$0.25/lot
FXTM automatically enrols live Advantage and Advantage Plus traders in a points-based loyalty program where every lot earns Reward Points that redeem for withdrawable cash at 500 points to $1.
16 Free stock
3.3 Lightyear Free Stock (EU): Realistically €10 to €20, Promo Code MMBEU
Lightyear
€15
New EU customers who deposit at least €100 within 15 days and enter promo code MMBEU get a randomly valued free fractional share, realistically €10 to €20, that must be held for 6 months before withdrawal.
17 Referral
3.3 NordFX Refer a Friend: 10% of Your Friend's Deposit
NordFX
10% of friend's first deposit
NordFX pays existing clients a bonus worth 10% of every referred friend's first deposit, released once the friend trades enough volume.
18 Sign-up reward
3.2 KuCoin Welcome Rewards: about 100 USDT plus coupons for new users
KuCoin
USDT and coupons for new users
New KuCoin users who verify, deposit, and trade within 30 days collect a randomized welcome package of roughly 100 USDT plus trading-fee coupons and futures trial funds, far below the advertised 11,000 USDT ceiling.
19 Referral
3.2 Refer-a-Friend: Earn €10 in Free Stock per Referral
Lightyear
€10
Refer a new friend who deposits at least €100 to Lightyear and you both get a free stock reward that starts at €10.
20 Referral
3.2 Refer a Friend: $5 per Standard Lot Your Friend Trades
M4Markets
Per-lot referral reward
M4Markets pays referring clients $5 for every standard lot of FX or metals their referred friend trades, with lower rates on Raw Spread and Premium accounts.
21 Sign-up reward
3.2 Phemex Welcome Rewards: cashback vouchers plus xPT airdrop access
Phemex
Up to roughly $50 in cashback vouchers plus xPT pre-mining access
New Phemex users who register and verify KYC can earn a set of small cashback (fee rebate) vouchers worth up to roughly $50 by completing deposit and trading tasks within 7 days, plus access to the shared xPT pre-mining airdrop pool.
22 Sign-up reward
3.1 Bybit Rewards Hub: Up to $30,000 USDT
Bybit
Up to USDT 30,000
Bybit's Rewards Hub gives new, KYC-verified users a tiered trading bonus of up to 30,000 USDT for hitting deposit and derivatives volume targets within 14 days of signup.
23 Contest
3.0 World Cup Gold Rush: $10M Prize Pool Predictions and Trading Contest (June 9 to July 20, 2026)
BingX
Total prize pool split across four events
A free-to-enter 2026 World Cup campaign where users join a prediction airdrop, match-outcome voting, a five-week futures trading contest, and a referral program, all drawing from a $10 million total prize pool that is split among thousands of winners.
24 Contest
3.0 FXOpen ForexCup Trading Championship: $50,000 First Prize
FXOpen
$50,000 top prize
FXOpen's annual ForexCup Trading Championship ranks live ECN accounts by trading performance, with a $50,000 cash prize for first place.
25 Contest
3.0 Phemex 2026 Ultimate Championship: $7M Prize Pool Contest
Phemex
$7,000,000 USDT total prize pool
A 42-day World Cup themed crypto trading competition with a headline $7,000,000 USDT prize pool, where most participants earn small non-withdrawable trading-bonus vouchers rather than cash.
26 Sign-up reward
2.9 BitMart Deposit Rewards: $500+ Deposit Unlocks Vouchers and Futures Bonus
BitMart
Deposit $500+ to unlock vouchers and a futures trading bonus
Depositing $500 or more in a single transaction on BitMart unlocks spot trading fee vouchers and a non-withdrawable USDT futures trading bonus, handed out first-come, first-served.
27 Sign-up reward
2.9 CoinEx Newcomer Bonus: $40 in Cashback Vouchers for a Deposit and First Trade
CoinEx
Cashback vouchers for new users
New CoinEx users can earn cashback vouchers worth up to $100 by completing deposit and trading tasks, though about $40 of that is realistically reachable without high futures volume.
28 Fee discount
2.9 20% Permanent Trading Fee Discount with WhiteBIT 20CASHBACK Referral Code
WhiteBIT
20% off all trading fees
Entering the referral code 20CASHBACK during WhiteBIT registration applies a permanent 20% discount on all spot and futures trading fees from your first trade.
29 Referral
2.7 FP Markets Refer-a-Friend: $50 to $200 per referral, withdrawable cash
FP Markets
Up to $200
FP Markets pays existing clients a cash reward of $50 to $200 per friend they refer, based on how much the friend deposits and trades, with the reward withdrawable at any time.
30 Sign-up reward
2.5 Bitget Welcome Bonus: Futures Vouchers for New Users
Bitget
USDT 200
Bitget advertises a welcome pack up to $6,200, but the rewards are non-withdrawable futures vouchers, and the realistic value to a typical new user is close to nothing.
31 Sign-up reward
2.5 BitMart Welcome Bonus: About 25 USDT Cash for New Users
BitMart
Withdrawable cash for new users
BitMart advertises up to 14,000 USDT for new users, but the freely withdrawable cash is only around 25 USDT (10 for signup, 10 for KYC, 5 for a 100 USDT deposit), with the rest paid as trading fee vouchers and volume-gated rewards.
32 Sign-up reward
2.5 Gate.io Welcome Package: 118 USDT in New User Task Vouchers
Gate.io
Welcome package voucher total
New users on Gate (the exchange formerly branded Gate.io) can collect futures vouchers worth 118 USDT by finishing five starter tasks within 15 days of signup: registering, verifying identity, depositing 10 USDT, making a first 10 USDT trade, and downloading the app. The advertised 10,000 USDT is a separate challenge gated behind trading volume that almost no retail user reaches.
33 Fee discount
2.5 20 Commission-Free Trades
Pepperstone
$600
Pepperstone refunds the commission on up to 20 trades placed on a Razor account, capped at USD 600 total, after a referred client funds the account with at least USD 1,000.
34 Demo contest
2.4 Eightcap Demo Trading Contest - $1,000 Top Cash Prize
Eightcap
$1,800 pool
A free monthly demo trading contest where the trader with the best return wins $1,000 in cash, paid to a live account.
35 Referral
2.3 Kraken Referral Program - Up to $20 per referral
Kraken
USDG 20
Refer a new friend to the Kraken app and you both earn up to $20 USDG once they deposit fiat and make qualifying non-stablecoin trades within 15 days, with a cap of $200 USDG per referrer.
36 Sign-up reward
2.3 MEXC Welcome Bonus: New-User Futures Vouchers
MEXC
USDT 40
MEXC advertises welcome gifts up to 8,000 USDT, but the bulk is non-withdrawable futures bonus credit. The genuinely usable part is roughly 40 USDT in vouchers.
37 Referral
2.2 Refer a Friend Bonus - $15 Per Referral
ThinkMarkets
$15
ThinkMarkets pays you and a referred friend $15 each once you both deposit at least $50 and place a round-turn trade of $200,000 notional, with the friend given 30 days to qualify.
38 Interest on balance
Perk eToro Interest on Balance - Up to 3.55% Annual Interest
eToro
Up to 3.55% a year
eToro pays up to 3.55% annual interest on the uninvested USD cash sitting in your trading account, accrued daily and paid monthly, with no lock-in.
39 Free VPS
Perk Free VPS Service for Forex Trading
FP Markets
Free VPS
FP Markets covers the monthly cost of a low-latency forex VPS once you deposit at least 1,000 USD and keep trading enough lots each month, so your Expert Advisors run 24/5 without a hosting bill.
40 Interest on balance
Perk HFM Return on Free Margin (ROFM)
HFM
Up to 3% a year
HFM pays an annual interest rate of 2% to 3% on your free margin, credited monthly to your wallet, once you trade at least 5 lots of forex or metals CFDs in a month.
41 Interest on balance
Perk RoboForex: Up to 10% a Year on Account Balance
RoboForex
Up to 10% a year
RoboForex pays up to 10% per year on your trading account balance, credited monthly, with the rate set by how many lots of forex and metals you trade each month.
83 more offers we track are not available to residents here.
Portuguese traders still see bonus advertising constantly, because offshore entities market to Portuguese speakers across borders. Understanding which offers are legitimate, which are unreachable, and which are outright warnings signs is the point of this page.
Which bonuses you can claim
The ESMA product-intervention measures, applied in Portugal by the CMVM, prohibit CFD providers from offering monetary and non-monetary incentives to retail clients. Deposit matches, no-deposit credit, volume rebates tied to CFD trading and refer-a-friend rewards are all off the table for any broker entity authorized to serve Portuguese retail clients, which includes every EU firm passporting under MiFID II. The same regime caps leverage, mandates negative balance protection and standardizes risk warnings.
The bonuses Portuguese traders see advertised online come from offshore entities, typically registered in Seychelles, Vanuatu or St. Vincent, marketing across borders without authorization to solicit in Portugal. Accepting such an offer means leaving the EU protection framework entirely: no leverage caps, no negative balance protection, no CMVM recourse, and a dispute forum somewhere far away. That trade is almost never worth a credit bonus, and platforms on the Banco de Portugal unauthorized-activity list should be avoided outright.
What remains legitimately available is narrower but real: promotions on products outside the CFD intervention's scope, such as free-share offers from stock brokers, referral rewards on real-asset investing platforms, and fee discounts. These comply with the rules precisely because they attach to less dangerous products, which is a reasonable filter in itself.
Who regulates trading in Portugal
- Comissao do Mercado de Valores Mobiliarios (CMVM) cmvm.pt ↗
Portugal's securities regulator and the national competent authority for MiFID II firms. It applies the ESMA product-intervention regime to CFDs, including the prohibition on bonuses and incentives for retail clients, and publishes risk warnings on leveraged products.
- Banco de Portugal (BdP) bportugal.pt ↗
The central bank supervises banking and payments and maintains a public list of entities carrying out unauthorized financial activity in Portugal, including flagged trading platforms that solicit Portuguese residents.
Trading in Portugal
Local currency: EUR
Portuguese retail activity spans European and US equities, index funds, forex and CFDs through EU-passported brokers, and a sizeable crypto segment. SEPA transfers make funding instant and cheap, and MB WAY is supported by some platforms alongside cards and e-wallets.
Trading gains are taxed as capital gains at a flat 28% for residents, with an option to aggregate at progressive rates when beneficial, and foreign-source broker income is reported in Anexo J of the IRS return. The flat rate makes the after-tax math simple; nothing about a bonus changes it.
Frequently asked questions
- Are forex bonuses legal in Portugal?
- Not for retail clients of authorized brokers. The ESMA product-intervention regime, applied by the CMVM, prohibits CFD providers from using bonuses or other incentives to attract retail clients, which is why regulated brokers serving Portugal advertise platforms and pricing instead of promotions.
- Why do I still see bonus ads in Portuguese?
- Because offshore entities market across borders to Portuguese speakers, both in Portugal and Brazil. Those entities are not authorized to solicit Portuguese residents, and accepting their offers means trading without EU protections. The Banco de Portugal maintains a list of entities flagged for unauthorized activity.
- Can I get any legitimate broker promotion in Portugal?
- Yes, on products outside the CFD intervention's scope: free-share offers from stock brokers, referral rewards on investing platforms and fee discounts all operate lawfully. They are smaller than the offshore headlines, and considerably more real.
- How do I check a broker is properly authorized for Portugal?
- Look the firm up in the CMVM's registers or the ESMA register of MiFID II firms, and check the Banco de Portugal unauthorized-activity list for the name doing the advertising. If the entity offering the bonus is not the entity holding the licence, that difference is the whole story.
Keep exploring
Sources
Researched by the BrokerBonuses editorial team. Last reviewed 2026-07-22. · How we research
- ESMA product-intervention measures on CFDs and binary options: esma.europa.eu ↗
- Banco de Portugal, list of unauthorized activity: bportugal.pt ↗
- PwC Portugal, personal income tax guide: pwc.pt ↗