FBS Deposit Bonus – Is this offer worth your attention?
CySEC-regulated Forex broker FBS is a famous company with a large customer base and diverse trading portfolio. FBS offers stocks, Forex pairs, indices, metals, and energies to its clients with competitive trading conditions. The traders can use the maximum leverage of 1:500 on those assets. Furthermore, after FBS registration clients can access various trading platforms including MetaTrader 4, MetaTrader 5, WebTrader, and FBSTrader.
FBS also offers FBS Deposit bonus Forex for its clients. As per the broker’s proposal, traders can double up their funds with the 100% deposit bonus provided by FBS. There are terms and conditions applicable to this promotion, however, which makes the reception and withdrawal of the funds quite complicated. If you are not an FBS existing user we do not recommend registering with the broker just to receive this bonus. Instead, we suggest that you claim a 50% deposit bonus of XM which comes with much more flexible terms and conditions.
FBS Deposit Bonus Overview
This deal is one of the unreliable deals that exist now. And, it is not just about a deal, the broker is unreliable as well. Overall, the deal has such conditions that none of the traders will be able to fulfill. The volume requirements that have to be met before withdrawing your funds are extremely high. It means that once you claim your bonus you will have to trade with the amount for ages in order to satisfy the requirement and if you are lucky to have generated some profits after 100-500 trades, then you will be able to withdraw the amount with withdrawal fee payable, as well.
You will not be able to find the terms and conditions displayed on the website of the broker. Even though it is perfectly clear how to get an FBS deposit bonus, the volume requirements and withdrawal terms are hidden. The broker says that you will need to place large volume trades multiple times throughout some time. Due to this ambiguity and confusion, we highly vote against this 100 FBS deposit bonus and suggest instead that you go for smaller but legit bonus offers, such as the one with XM broker.
FBS Deposit Bonus Alternative
Of course, you can take the FBS Bonus deal at your own risk, but our advice is to stay away from it! If you want to trade with a reliable broker that will not fool you, there is always XM. XM is a reliable Forex broker with four different licenses from top-tier regulatory authorities. Now XM, along with a deposit bonus of 50% with an additional 20% boost also offers a 30 USD no deposit bonus. Furthermore, in contrast to FBS, the broker clearly states the terms and conditions for withdrawing the bonus amount, and the volume requirements are always explained in detail. You can try out a demo account with XM, as well in order to test out the services, fees, and platforms offered by the broker.