If you are looking for a Forex Broker that offers a no deposit bonus without verification of your account, then FBS is here. FBS offers a generous $123 no deposit bonus that lasts for 7 days. Within 7 days, traders need to make profit as much as they can until the bonus amount expires. Once the bonus has expired, the profit made will be recorded and can be withdrawn by trading a certain amount of lots.
It is rare for Forex Brokers to offer this kind of promo and only a few Forex Brokers are actually offering this but FBS is confident that the traders who will avail of this promo will stay with them after knowing how fast their executions and how tight their spreads are. Read below to learn more about this limited promo.
- $123 will be waiting on your balance when you open a special bonus account with FBS
- Trade for 7 days.
- In 7 calendar days, account balance is zeroed, bonus is cancelled, profit is recorded in the “Bonus $123” section of your Personal area.
- The account type is changed to Unlimited
- On the first day of each month, you will be able to withdraw as much profit received on the bonus funds as many lots you have traded within the previous month x3
For instance, 50 lots mean 150$ of profit available for withdrawal
Which lots are considered for calculation?
- Lots traded on the bonus account after the bonus cancellation
- Lots traded on all other accounts of yours (except for Demo) since the bonus account opening
“Bonus 123” Full Terms and Conditions:
1. Open account “Bonus 123”; bonus in the amount of 123 USD will be credited to the account automatically;
2. Bonus funds are available for trading within 7 calendar days after the account opening;
3. Once 7 days after the bonus crediting pass, bonus and profit are deducted from the account, account balance becoming 0 in MetaTrader
4. Bonus account becomes an “Unlimited” account. Profit is fixed and recorded only on the promotion page in the Personal area. Profit received on the bonus funds cannot be used in trading;
5. Profit received on the bonus funds is withdrawable after the required lots are traded. Profit can be withdrawn every month in parts, in proportions according to the lots traded within the previous month. Profit available for withdrawal is calculated according to the formula: number of traded lots * 3 (1 lot on a “Cent” account = 0.01 standard lot). Time period for lots trading is unlimited.
6. Calculations for withdrawable profit amount are based on the orders executed:
- on the bonus account after the bonus deactivation,
- on other client’s accounts since the moment of bonus crediting.
7. Profit becomes available for transfer to a client’s account on the 1st of each month. To get the profit, it is necessary to go to the promotion page in the Personal area and choose a trading account where the funds will be credited to;
8. Within 7 calendar days after the “Bonus 123” account opening, it is prohibited to execute any financial operations on it: deposits, withdrawals, internal transfers; the options of deposit insurance and cashback are not available; partner commission is not credited for trading on bonus funds;
9. Each clients/computer/IP can open only one “Bonus 123” account. It is prohibited to work through proxies or using any IP-address modifying software;
10. FBS reserves the right to refuse a client in bonus granting with no reasons given or without prior notification;
11. In case any violation of the “Bonus 123” promotion rules is suspected, FBS is eligible to block the bonus account and cancel profit earned on it. FBS reserves the right to unilaterally change or cancel any of the promotion conditions or terminate their action any.
Example:
You got the bonus at 15:00 on August 3.
At 15:00 on August 10 all your orders were closed, account balance was zeroed, your bonus account became “Unlimited”, profit in the amount of $312 was recorded on the promotion page in your Personal area. Your account balance in MetaTrader 4 became 0.
To withdraw the total profit of $312, it is necessary to trade 104 lots.
Suppose you have traded 46.2 lots from August 10 to 31 (see p.3 of the Conditions). It means that on September 1, you will be able to transfer 46.2*3=$138.6 out of $312 to your trading account and either use the funds in trading or withdraw them.
From September 1 to 30, you have traded 57.8 lots. It means that on October 1, you will be able to transfer 57.8*3 = $173.4 to your trading account and either use the funds in trading or withdraw them.
tags: forex no deposit bonus without verification, forex broker offering no deposit bonus
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