Welcome Bonus Promotion

FirewoodFX $50 Welcome Bonus

Start forex trading with zero risk

The $50 Welcome Bonus allows traders to test FirewoodFX platform in a real trading environment with zero risk. Profit generated from the bonus can be withdrawn. No deposit is required to start trading

This promotion is available to all new traders opening account using FirewoodFX Mobile App.

Download FirewoodFX Mobile App and get the Bonus

How to Get Bonus

  1. Download and install FirewoodFX Mobile App
  2. Open account, choose Bonus account type
  3. Verify your account by providing relevant identification document
  4. Once the account verification is approved and account is eligible, bonus will be credited.

Term and Condition

  1. Bonus account will have USD 50 starting balance.
  2. Welcome Bonus is eligible for new client.
  3. Bonus account will have FirewoodFX ECN pricing, with maximum lot per order is 0.01 and maximum open position is 5.
    Expert Advisor is unavailable on bonus account.
  4. Client can withdraw the profit, within 60 days after bonus is credited, after
    1. Closing 2 eligible lots, and
    2. Have 4 Welcome Bonus Clients who have trading volume
  5. Only trade closed more than 5 pips (or less than -5 pips) are eligible for lot calculation. For XAU it will be equal to USD 5. Only Forex and Gold symbol are calculated.
  6. The withdrawal amount is USD 50.
  7. To request withdrawal, KYC document must be verified.
  8. Bonus account will be terminated after 60 days after bonus is credited. After bonus account is terminated, trading and withdrawal will be unavailable.
  9. Bonus account will be terminated if there is no closed transaction after 5 days
  10. Partner will not get rebate from bonus account.
  11. In case a deposit is made to a bonus account, the existing equity will be transferred into "credit" and will be considered as "deposit bonus" under the Deposit Bonus Promotion term and conditions.
  12. Once the account is deposited with funds other than bonus, selfie verification is no longer mandatory. Withdrawal restrictions are also removed, as are trading volume (lot) and referral requirements. The trading conditions (spread, leverage, maximum open trade and maximum trade size) remain unchanged.
  13. Bonus that has been transferred to credit can be withdrawn to cash after closing a certain trading volume, according to the Deposit Bonus Promotion term and conditions..
  14. Deposits made to a bonus account are also eligible to claim Deposit Bonus according to the Deposit Bonus Promotion term and conditions.
  15. If FirewoodFX suspects that a client abuses the promotion or acted with lack of good faith toward FirewoodFX, FirewoodFX reserves the right, at its sole discretion to reject the bonus claim and/or terminate the bonus account.
  16. If FirewoodFX suspects that a client is hedging his position internally (using trading account in FirewoodFX or other brokers) or so called trading balance, FirewoodFX reserve the right to terminate the bonus and/or the profit from winning account without consent of the Client.
  17. Client can cancel bonus at any time. Once bonus is cancelled, it can't be reinstated.
  18. FirewoodFX may reject client's bonus application(s) at any time without prior notification or providing reasons for such decision.
  19. FirewoodFX may cancel a client's bonus at any time without prior notification.
  20. Any situation not described in these rules shall be subject to the FirewoodFX's decision.
  21. FirewoodFX reserves the right to change, update or cancel this promotion with notification in the Company news.
  22. This promotion ends at 31st August 2023. Account registered after that period will not eligible to receive bonus.

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