FirewoodFX No Deposit Bonus – $20 Welcome Bonus

Broker Details

Broker Name
FirewoodFX

Penguin Meter

Bonus Description
$20 Welcome Bonus

Expiry Date
On Going

FirewoodFX $20 Welcome Bonus Details:

FirewoodFX offers new users a $20 no deposit bonus to try out their trading platform without any financial risk. The bonus is available for a limited time and allows users to trade under real market conditions. Profits made from the bonus can be withdrawn if specific trading requirements are met. Note: FirewoodFX does NOT accept clients from the United States of America, North Korea, Iraq, Iran, Saint Lucia, and Saint Vincent and the Grenadines.

How to acquire the no deposit bonus:

1. Open a new account on the FirewoodFX website.
2. Choose the “Bonus” account type during sign-up.
3. The $20 bonus is added automatically after registration.

Important things to know:

1. Bonus accounts use ECN pricing with a max lot size of 0.01 and up to 5 open trades.
2. Expert Advisors (EAs) are not allowed.
3. Leverage is fixed at 1:3000.
4. Bonus and profits expire after 30 days unless you deposit $100 or more.
5. No trading for 5 days will cancel the bonus unless you deposit $100.
6. Once canceled, the bonus cannot be restored.
7. No partner commissions are paid from bonus trades.

How to withdraw your profit:

1. Trade 2 eligible lots within 30 days to withdraw profits.
2. Only Forex and Gold trades that close with more than ±5 pips count.
3. Without a deposit, profits (up to $20) can be moved by internal transfer to another account under your name with at least $100 in deposits.
4. If you deposit $100 or more, only 1 eligible lot is needed to withdraw profits.
5. Your contact info and ID must be verified before withdrawing.