You can find tons of different bonus promotions in the Forex trading market. Some of the most popular ones include deposit bonuses, referral programs, and cashbacks.
Because of their popularity, it’s also pretty easy to find brokers that offer the above-mentioned bonuses. For one, they’re great in numbers, and for another, many of them are pretty reliable.
But when it comes to no deposit bonuses, the brokers that offer them are neither abundant nor overwhelmingly reliable. Imagine this: a broker is offering you free (!) money to trade Forex. How amazing is that?
Unfortunately, though, many brokers use this appealing offering to lure as many customers in as possible, without ever taking care of the actual trading features like available instruments, commissions, and execution policies.
To help you avoid such brokers and their schemes, our team at Top Forex Brokers offer you regular reviews. And today, we’ll take a look at the FBS Trade 100 no deposit bonus. Make sure to fully read this review to find out if this is a good offering for you.
Should you trust FBS and its no deposit promotion?
First things first, you have to know the broker to accept a no deposit bonus from it. As we’ve noted earlier, there are way too many scam brokers with no deposit bonuses to trust a random promotion blindly.
Fortunately, FBS is a broker that doesn’t request blind trust from you. It features a sturdy financial license from the International Financial Services Commission (IFSC) of Belize, which closely monitors all its actions and ensures you’re getting the best service from the broker.
Besides, FBS also features multiple customer protection mechanisms that safeguard your funds from unexpected and grave losses. These include account segregation, negative balance protection, and customer compensation fund.
Besides, the broker is the main sponsor of FC Barcelona. And you have to be a reliable company to become a sponsor of one of the greatest football clubs in the world.
What is the Trade 100 Bonus exactly?
The Trade 100 Bonus is FBS’ no deposit promotion for its new clients. The broker invites traders from across the board, no matter whether they’re beginners or veteran traders, to sign up on its platform and start using this bonus.
As FBS points out, the Trade 100 Bonus is designed to help beginners better understand market developments and get used to the broker’s platform, whereas the veterans will have the opportunity to play with various tools offered by this specific broker and maybe consider becoming its clients.
After signing up on the platform, FBS directly gives you real 100 bucks to start trading Forex. The money will help you improve your trading game without any entailing deposit from your part. That’s right, the broker gives you $100 without you depositing a single cent on the platform, which is why the Trade 100 Bonus is so special.
How can you sign up for the bonus?
Are you intrigued already? Great, because now we’re going to teach you how to get this bonus right away. As the broker explains, there are only three simple steps you need to take to become eligible for the Trade 100 Bonus:
- You need to register an account that is specifically designed for this bonus;
- After the signup, you immediately receive the $100 bonus to trade during the next 30 days;
- After that period, you’ll be able to withdraw your profits to your financial account.
As you can see, the only thing standing between you and the Trade 100 Bonus is your decision to open up the account; again, there’s no deposit required to be scared of.
What conditions apply to the Trade 100 Bonus?
Now that we’ve talked about what the Trade 100 Bonus promises and how you can get it, it’s time to find out what conditions apply to it and what you’re required to do within this bonus. So, once you’ve acquired $100 from your bonus account, you are given 30 active trading days (an active trading day is when you open and close orders within the same day) to trade with this bonus money.
The bonus will be available on the MetaTrader 5 platform only with 0.01 lot order volume. You’ll be able to simultaneously place 5 orders and the minimum of 5 trades should be placed within 30 active trading days for you to qualify for bonus withdrawals.
When the 30-day period ends, you’ll be able to withdraw your funds that don’t exceed 100 US dollars. As for which financial platforms you can use for withdrawals, FBS supports:
- Credit cards
- Bank wire
- Neteller
- Skrill
- Perfect Money
- bitwallet
- and many more
Why should you get this bonus?
In a world of no deposit bonuses, the FBS Trade 100 Bonus is undoubtedly one of the most lucrative and beneficial ones. It offers free $100 to trade Forex and the requirements for it are also pretty impressive.
You just sign up on the bonus account and get $100 to trade Forex within the next one month. After you’re done trading, your funds will be immediately available for withdrawal. In short, there are no hidden strings attached to the Trade 100 Bonus; you get what the broker promises you’ll get!
