Get a $50 no deposit bonus from FirewoodFX and start trading forex and CFDs for free. No need to deposit any money after opening an account.

FIrewoodfx no deposit bonus

Are you an aspiring trader looking for a risk-free opportunity to dive into financial markets? Look no further than FirewoodFX, a reputable online forex and CFD broker that offers many generous bonuses, one of which is $50 no deposit bonus for new clients. 

This bonus allows you to trade without risking your funds, so you can experience the excitement and potential profits of trading without any initial investment. The bonus funds can be used to trade any forex pairs that FirewoodFX offers. You can also use bonus funds to trade CFDs on stocks, commodities, and indices.

 

Where to Find the Information on the Official Broker Site?

  • This information is reported per Jul 21 2023.
  • We can not ensure if this offering is still available or remain the same in future.
  • The broker announcement page may or may not exist anymore, You may explore FirewoodFX homepage and try to find "Promotion" section on the menu, footer, etc, to ensure the availability and validity of this promotion.

 

Steps to Claim No Deposit Bonus from FirewoodFX

Here are the steps on how to claim the FirewoodFX $50 no deposit bonus:

  • Create a live trading account.
    To claim the FirewoodFX $50 bonus, you must create a live trading account with FirewoodFX. You can do this by visiting the FirewoodFX website and clicking the "Create Account" button.

  • Verify your identity.
    You must provide a copy of your passport or driver's license to verify your identity. This standard security measure is used to protect your account and prevent fraud. The copy of your ID will be stored securely and will not be shared with anyone else.

  • Claim your bonus.
    Once you have verified your identity, you will be eligible to receive a $50 bonus. The bonus will be credited to your FirewoodFX account automatically. You can then use the bonus to trade forex, CFDs, or other financial instruments.

  • Start trading.
    Once you have received the $50 bonus, you can start trading any forex pairs or CFDs that FirewoodFX offers. FirewoodFX offers a wide range of forex pairs, including major, minor, and exotic pairs. They also offer CFDs on stocks, commodities, and indices.

  • Withdraw any of your profits.
    To withdraw any of your profits from the FirewoodFX $50 bonus, you must trade at least 50 lots. A lot is a standard unit of measurement for trading forex. It represents the purchase or sale of 100,000 units of the base currency.

  • Keep the bonus funds for at least 30 days.
    To be eligible to withdraw any of your profits from the FirewoodFX $50 bonus, you will need to keep the bonus funds in your account for at least 30 days. This is a standard requirement for most forex bonuses.

 

Read Term and Conditions

You need to know a few terms and conditions before you claim the FirewoodFX $50 no deposit bonus.

  • New clients can get a $50 bonus.
  • The bonus account will have FirewoodFX ECN pricing, with a maximum lot per order of 0.01 and a maximum of 5 open positions.
  • Expert Advisor is not available on the bonus account.
  • To withdraw the profit, you must close two eligible lots and have 4 Welcome Bonus Clients with trading volume.
  • Only trades closed more than five pips (or less than -5 pips) are eligible for lot calculation. For XAU, it will be equal to USD 5. Only Forex and Gold symbols are calculated.
  • The withdrawal amount is $50.
  • To request a withdrawal, you must have your KYC documents verified.
  • The bonus account will be terminated 60 days after the bonus is credited.
  • The bonus account will be terminated if there are no closed transactions after five days.
  • Partners will not receive rebates from bonus accounts.
  • If FirewoodFX suspects that a client is abusing the promotion or acting with a lack of good faith, FirewoodFX reserves the right to reject the bonus claim and/or terminate the bonus account.
  • Suppose FirewoodFX suspects that a client is hedging their position internally, the company reserves the right to terminate the bonus and/or the profit from the winning account without the client's consent.
  • Clients can cancel the bonus at any time. Once the bonus is canceled, it cannot be reinstated.
  • FirewoodFX may reject a client's bonus application without prior notification or providing reasons for such a decision.
  • FirewoodFX may cancel a client's bonus at any time without prior notification.
  • Any situation not described in these rules shall be subject to FirewoodFX's decision.
  • FirewoodFX reserves the right to change, update, or cancel this promotion with a notification in the Company News.
FirewoodFX | Specifications | Review | Testimonials (13) | News (4) | Articles (8) | Bonus (2)
Review Start Trading
Website
www.firewoodfx.com
Established
2014
Leverage
1:1000
Min Deposit
$10
Regulation
Key Features
Bonuses
PAMM
Segregated accounts
Swap
Islamic account
Affiliate program
Copy trading
Wire transfer
FasaPay

 

The Benefits of FirewoodFX's No Deposit Bonus

Here are some of the benefits of claiming the FirewoodFX $50 no deposit bonus:

  • You can start trading forex without risking any of your own money.
  • You can learn about the forex market and test out different trading strategies.
  • You can potentially make a profit from the bonus funds.

If you are a new trader, the FirewoodFX $50 no deposit bonus is a great way to start trading forex for free without risking your money. The bonus funds allow you to learn about the forex market and test different trading strategies.

 

FirewoodFX is a global online forex broker founded by a team of experienced forex traders. FirewoodFX offers a traditional 4-decimal pricing system with a fixed spread of 1 pip. This is combined with modern STP execution to their global liquidity pool.