An unsuitable alignment between transmitter and receiver together with fluctuations in the irradiance of the transmitted optical beam due to the atmospheric turbulence can severely degrade the performance of free-space optical (FSO) systems. In this paper, cooperative FSO communications with decode-and-forward (DF) relaying and equal gain combining (EGC) reception over atmospheric turbulence and misalignment fading channels is analyzed in order to mitigate these impairments. Novel closed-form asymptotic bit error-rate (BER) expressions are derived for a 3-way FSO communication setup when the irradiance of the transmitted optical beam is susceptible to either a wide range of turbulence conditions (weak to strong), following a gamma-gamma distribution of parameters α and β, or pointing errors, following a misalignment fading model where the effect of beam width, detector size and jitter variance is considered. Obtained results provide significant insight into the impact of various system and channel parameters, showing that the diversity order is independent of the pointing error when the equivalent beam radius at the receiver is at least 2β1/2 times the value of the pointing error displacement standard deviation at the receiver. It is contrasted that the available diversity order is strongly dependent on the relay location, achieving greater diversity gains when the diversity order is determined by βAC + βBC, where βAC and βBC are parameters corresponding to the turbulence of the source-destination and relay-destination links. Simulation results are further demonstrated to confirm the accuracy and usefulness of the derived results.