FBS Forex Bonus for UK citizens
FBS Forex has multiple bonuses and promotions running. The Bonus $123 Promotion is their most popular. How does the bonus work? By opening an account using the code Bonus 123, the amount of 123USD is credited to your account. For seven calendar days, you can use this amount to make trades. After the seven-day period is finished, all bonus amounts and profit are deducted and the amount credited to the account is zero. The account then becomes an “unlimited account”, and now requires a real money deposit to start trading and unlocking the bonus.
While the bonus is called the “Bonus 123” promotion, you are unable to unlock 123USD. The amount you can unlock is the profit that you earn during the seven-day promotion period. If you earned 50USD, then youcan unlock up to 50USD by trading lots. If you unlocked 500USD, then you can unlock up to 500USD! There is no upper limit to the amount of the bonus that can be unlocked.
Now, how do you unlock the bonus amounts?
You can unlock the bonus by trading lots. The formula used is number of traded lots multiplied by 3. In the first scenario, where the trader has a profit of 50USD from the bonus period, they would need to trade 17 lots to unlock the full amount. In the second scenario, where the trader has a bonus profit of 500USD, they would need to trade 167 lots to unlock the bonus amount. Unlike other promotions where you have sometimes as little as a month to unlock your bonus amount, FBS Forex allows an unlimited period to unlock the bonus.
The fine print (current as of 5/20/2017) – make sure you do not execute deposits, withdrawals or any other changes to your account during the bonus period. Please contact FBS Forex directly for up to date information on all bonuses available.
Are there any other bonuses available through FBS Forex?
Yes, they are currently offering a 100% deposit match bonus. As well, FBS offers seasonal promotions which allow traders to win up to 450USD by trading on a demo account, as well as social media driven contests where traders can share photos for cash rewards. They have even raffled off a Mercedes GLA for traders who have deposited a minimum of 1000USD!
FBS Forex Customer Service review
FBS Forex has an elevated level of customer service available, as you will see when you read our section on their numerous awards. They offer 24/7 chat, which features polite and educated customer service representatives. Although ForexBonus.uk has not officially reviewed all of the toll free telephone numbers, as there are so many different options depending on countries, we expect that their telephone support is equally responsive.
FBS Forex Awards
FBS Forex has received the “Best Customer Service Broker” award in Asia during the year of 2016, the “Top IB Program” for 2016, the “Highly Recommended Broker Insurance Company” in Indonesia, The Best Forex Brand” in Asia of 2015, the “Best Safety of Client Funds” in Asia of 2015, along with numerous other accolades.
What resources does FBS offer for traders?
FBS Forex offers news, market analysis, an economic calendar, forex calculators, and education for newer traders. Their “Forex Guidebook” is set up to bring novice traders up to an experienced level, and is set up like a university course on their website.
Is FBS FCA authorized?
Unlike many of the Forex brokers that we review, FBS Forex is not authorized or registered by the Financial Conduct Authority. They are instead authorized by IFSC, which has less stringent standards than the FCA.