Expert Advice On FBS Bonus | What Forex Traders Need To Know In 2023
Brokerage firms provide promotional incentives in the form of trading bonuses to attract customers and encourage them to join their platforms. These bonuses can take the shape of a fixed sum or a specific percentage offered as a gift to traders upon opening a new trading account. Similar to numerous other brokers, FBS also offers bonuses, including cashback. The FBS bonus comes in various amounts, depending on the type of account you have. This article delivered by TU experts will delve into the specifics of the FBS bonus and the criteria to qualify for it.
FBS Forex Bonuses
FBS, like many other brokers, provides a range of bonuses for traders, designed to jumpstart their trading experience. Here is the list compiled by Traders Union analysts:
- Quick Start Bonus – $100
The FBS Quick Start bonus offers traders a $100 boost to begin trading. To claim this bonus, traders must open a free bonus account in FBS Trader, the broker’s mobile trading platform. Along with the bonus, FBS provides a 7-step program to help traders learn how to navigate the app and enhance their trading skills.
- Level Up Bonus – Up to $140
With the FBS Level Up bonus, traders receive $70 by opening an account in the FBS Personal Area. Those who want to double their profit can sign up using the FBS Personal Area app and get a $140 bonus.
- FBS 123 Bonus (No Longer Offered)
Previously, FBS offered the FBS 123 bonus, which provided traders with a quick start in the Forex market with $123. However, experts note that this bonus is no longer available.
- 100% Deposit Bonus
The FBS 100% deposit bonus is ideal for traders who wish to start with a larger trading capital. With this bonus, traders receive a 100% match of their deposited amount, effectively doubling their trading potential.
How to Get FBS $140 No-Deposit Bonus
The FBS No-Deposit bonus, also known as the Level Up bonus, is an excellent option for traders who prefer not to invest their own funds initially. Here’s a guide from TU on how to earn up to $140 for trading:
Step 1: Opening a Level Up Bonus Account
By opening a Level Up bonus account, traders receive a free $70, which can be used to trade on the FBS web platform alongside educational resources to enhance trading skills.
Step 2: Downloading the FBS Personal Area App
To increase the FBS No-Deposit bonus to $140, traders need to download the FBS Personal Area app and sign in to their account. This app also provides valuable learning materials for traders.
A variety of other Step-by-Step Guides are available on the Traders Union website, including guides to trading with Pepperstone and other Forex brokers. These comprehensive guides offer valuable insights and instructions to assist traders in navigating the trading process successfully. Whether you are a beginner or an experienced trader, these resources can be beneficial in enhancing your trading knowledge and optimizing your trading activities with various brokerage companies.
Withdrawal of Funds
The FBS No-Deposit bonus is provided solely for trading purposes and cannot be withdrawn. However, traders can withdraw the profits made from the bonus funds, provided the profit amount is less than the bonus received. The conditions for withdrawing profits from the FBS Level Up bonus include:
- Active trading for at least 20 trading days.
- Completion of at least five lots traded within 20 active trading days.
- Fulfillment of bonus conditions within 40 days from the registration date.
FBS offers a variety of trading bonuses to empower traders with additional funds and educational resources. From the Quick Start bonus to the Level Up bonus, these promotions provide valuable opportunities for traders to enhance their trading skills and potentially increase their profits. As analysts at TU point out, it is essential for traders to understand the conditions and limitations associated with each bonus to make the most of these incentives.