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One thing I like about FBS is that they always...

A Adrian Malaysia Jan 25 2022

One thing I like about FBS is that they always have the best promo every season. Honestly, it's been a while since I trade with this broker, but I recently heard about this promo (the referral program) and thought this might be a great opportunity to get extra side profit. So, I have been thinking of going back. There are some questions I have about this promo.

1. Do I have to invite completely new trader (doesn't have account in FBS yet), or can an old FBS client open a new account from my refferal?

2. If I invite my friend also get a bonus?

3. Is there any maximum amount of people I can invite?

S Shaun
Singapore Nov 16 2023

@Adrian :  Let me address a few of your inquiries. Regarding the first question, it's essential to bring in new traders who do not have an existing FBS account. I'll delve into FBS's referral system for clarification. Firstly, there are two types of referral programs within FBS. The initial one is the "Invite your Friend" program, distinct from the FBS Partnership program. In this program, you're required to invite friends who are entirely new to FBS, and upon their live account creation through your link, along with trading at least 2 lots with a minimum of 59 points difference between the open and close price, you accrue points exchangeable for prizes. The invitation limit is unrestricted, allowing you to invite as many friends as you can.

The second type is the Partnership Program or IB (Introducing Broker), akin to the Invite Friend program but with varied rewards. In the IB program, you earn commissions based on a percentage of the spread from trades conducted by your referred traders. The more trades, the greater your potential earnings. There are different commission grades ranging from 30% to 43%, each tied to specific tasks. As an IB, your responsibilities extend from assisting clients in the registration process to aiding them in selecting trading strategies. To become an IB with FBS, simply visit the official website, click on the "Open a partner account" button, and complete the email verification and personal area setup. I hope this provides comprehensive answers to your questions! 

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