FirewoodFX offers a fantastic $50 welcome bonus for new customers. This FirewoodFX $50 Welcome Bonus is a great way to start trading without using your own money right away. When you sign up and deposit funds, you can receive this bonus, which helps you explore the platform and try out different trading options.
It's an easy way to get familiar with how trading works and what FirewoodFX has to $50 Forex No Deposit Bonus Offer. Just make sure to check the terms and conditions to understand how to use your bonus.
How to Get the FirewoodFX $50 Welcome Bonus
Download and install the FirewoodFX Mobile App.
Open a new account and select the "Bonus" account type.
Verify your account by uploading valid identification documents.
Once your verification is approved and your account qualifies, the bonus will be credited.
FirewoodFX $50 Welcome Bonus Terms and Conditions
Each bonusaccount starts with a balance of USD 50.
The Welcome Bonus is only available to new clients.
The bonus account uses FirewoodFX ECN pricing.
Maximum lot size per order: 0.01
Maximum number of open positions: 5
Expert Advisors (EAs) are not allowed on bonus accounts.
Clients can withdraw profit if the following conditions are met:
Withdrawal is made within 60 days after the bonus is credited.
At least 2 eligible lots have been closed.
The client has referred 4 Welcome Bonus clients who have trading volume.
Only trades that close with more than 5 pips profit, or less than -5 pips loss, count toward lot calculation.
For XAU, the minimum movement is equal to USD 5.
Only Forex and Gold symbols are included in the calculation.
The maximum withdrawal amount from the bonus is USD 50.
To request a withdrawal, KYC documents must be fully verified.
The bonus account will be closed 60 days after the bonus is credited. After the account is terminated, both trading and withdrawals are no longer available.
If there are no closed trades within 5 days, the bonus account will be terminated.
Partners do not receive rebates from bonus accounts.
If a client deposits funds into a bonus account, the current equity is moved to "credit" and treated as a "deposit bonus" under the Deposit Bonus Promotion terms and conditions.
After a deposit (other than the bonus itself) is made to a bonus account:
Selfie verification is no longer required.
Withdrawal limits are removed.
Trading volume and referral requirements are removed.
Trading conditions such as spread, leverage, maximum open trades, and maximum trade size stay the same.
Bonus amounts that have been transferred to credit can be withdrawn as cash after reaching the required trading volume, according to the Deposit Bonus Promotion terms and conditions.
Deposits made to a bonus account can also qualify for the Deposit Bonus, based on the Deposit Bonus Promotion terms and conditions.
If FirewoodFX believes a client is abusing the promotion or not acting in good faith, the company has the right to reject the bonus request and/or close the bonus account at its sole discretion.
If FirewoodFX suspects a client is hedging positions internally (between FirewoodFX accounts or with other brokers), or using trading balance practices that break the rules, the company may cancel the bonus and/or remove profit from the winning account without the client's consent.
Clients can cancel the bonus at any time. Once the bonus is cancelled, it cannot be restored.
FirewoodFX may decline any bonus application at any time, without prior notice and without giving a reason.
FirewoodFX may cancel a client's bonus at any time, without prior notice.
Any situation not covered in these rules will be decided by FirewoodFX.
FirewoodFX has the right to change, update, or cancel this promotion. Any changes will be posted in the Company news.
This promotion ends on August 31. Accounts registered after this date are not eligible to receive the bonus.