FBS 100% Deposit Bonus - How to Claim it & T&Cs

Deposit bonuses are a strategic incentive used by brokers to attract and retain clients. These promotions provide extra trading capital, helping traders maximise their opportunities in the forex market. FBS, a globally trusted and well-established broker, offers a 100% Deposit Bonus to eligible clients. This bonus effectively doubles a trader’s capital upon funding their account.

In this article, we will outline everything you need to know about the FBS 100% Deposit Bonus, including eligibility, how to claim it, and the important terms and conditions that apply.

What is the FBS 100% Deposit Bonus?

A deposit bonus is a financial incentive offered by brokers to encourage new and existing clients to fund their trading accounts. These bonuses typically add extra funds to a trader's capital. This allows traders to open larger positions or have a greater buffer for their trades. FBS's 100% Deposit Bonus, in particular, aims to double a trader's initial deposit. For example, a $500 deposit earns an additional $500 in bonus funds, providing $1,000 for trading. This offer is available to both new and existing clients who meet the eligibility criteria.

On top of the 100% bonus, FBS also awards traders a bonus of up to 60% for any subsequent deposits above $100. It’s a great way to grow one’s trading capital and open bigger positions. The maximum deposit bonus a trader can get on a single deposit is $10.000. Additionally, traders can earn a total cumulative bonus of $25,000 acoss all their trading accounts.

How to Get the FBS 100% Deposit Bonus

Claiming the FBS 100% deposit bonus is designed to be a straightforward process that anyone can follow. Here’s a summarised step-by-step breakdown:

Step 1: Register For a Trading Account

The first step is to sign up for a trading account with FBS. You can do this by visiting the official FBS.com website and clicking the “open account” button. 

Terms and Conditions Apply. Offer availability may vary by country.
Your capital is at risk. Leveraged products may not be suitable for everyone.

Step 2: Proceed with filling out the application

You’ll need to fill out a registration form with basic details like your email, name, and phone number, then set a secure password. After submitting, FBS will send a verification code to your email. Enter this code to confirm your account. Once your email is verified, you can proceed to open a real trading account. Here, you can set up your preferred account type, currency, and choose your trading platform.

Step 3: Verify Your Account

After registration, you'll need to complete their KYC (Know Your Customer) verification process. This step involves uploading a government-issued ID (like a passport or national ID card) and proof of address (such as a utility bill or bank statement). The verification process usually takes a few hours, though it can vary. This is a crucial step for eligibility.

Step 4: Make a Deposit

Once your account is fully verified, you can proceed to deposit funds into your trading account. FBS offers a wide range of over 100 deposit methods. This includes credit/debit cards, bank transfers, and e-wallets such as Skrill and Neteller, ensuring convenience for traders worldwide. The minimum deposit supported by FBS is a low $5.

Step 5: Receive Your Bonus

The 100% Deposit Bonus is typically applied automatically to your account upon a successful deposit. You'll receive a 100% match on your first deposit, effectively doubling your trading capital. FBS also offers up to 60% on subsequent deposits over $100. Here is a breakdown of the bonus percentage for additional deposits:

Terms and Conditions Apply. Offer availability may vary by country.
Your capital is at risk. Leveraged products may not be suitable for everyone.

Terms and Conditions of the FBS 100% Deposit Bonus

Like all promotional offers, the FBS 100% Deposit Bonus comes with specific terms and conditions. It is crucial for traders to understand these terms and conditions to effectively utilise the bonus and avoid any misunderstandings. These conditions are in place to ensure fair usage and prevent abuse of the bonus program. Here is a highlight of some of the terms and conditions:

Eligibility

The bonus is available to all verified clients, whether you’re new to FBS or have been trading with them for a while. Each trader can receive the 100% bonus once, followed by up to 60% on a new deposit of over $100. Nonetheless, remember that the availability of such promotions can vary by region due to regulatory restrictions. Always check if the bonus is available in your country of residence before participating.

Bonus Usage and Withdrawal Conditions

The FBS Deposit Bonus serves as additional liquidity for trading but does not represent real funds and cannot be withdrawn. When executing trades, the system first uses the client’s own balance, and only after that, the bonus funds are utilised. 

Profits generated from trading with the bonus funds are fully withdrawable. This is a significant advantage, as it allows traders to benefit directly from their enhanced trading power. However, if a client withdraws funds, the bonus will be deducted in an equivalent amount to the withdrawn funds. If the withdrawal exceeds the remaining bonus balance, the bonus will be fully removed.

Bonus Expiry and Removal

The bonus expires and is fully removed from the account if:

• The client’s own funds are completely lost, meaning that the total account equity drops to or below the amount of the bonus. In this case, the account no longer has real funds to support trading.
• The trading account is archived or closed for any reason.
• The bonus is fully utilised in trading, meaning that its effect on margin has been exhausted.
• The bonus will automatically expire 28 days after the last deposit or trading activity, specifically opening new positions.
• If a deposit is reversed (chargeback or rollback), the corresponding bonus will be fully cancelled.

What FBS Has to Offer to Traders

Beyond the 100% Deposit Bonus, FBS provides a robust trading environment with competitive conditions and a variety of features. Here’s an overview of what traders can expect:

Available Trading Instruments on FBS

FBS provides access to a broad selection of CFD instruments across various asset classes, enabling traders to diversify their portfolios.

• Forex - FBS allows its traders to access over 70 different currency pairs, including majors, minors, and exotics. 

• Metals - This broker avails precious metals such as gold, silver, platinum, and palladium, all as CFDs.

• Indices - Traders on FBS can also trade various major global stock indices, including the S&P 500, NASDAQ, and Dow Jones.

• Energies - Clients of BS have access to CFDs on popular energy commodities like crude oil and natural gas.

• Stocks - The FBS broker site supports the trading of CFDs on shares of leading international companies from various global exchanges.

FBS Trading Conditions and Accounts

FBS offers two main account types tailored to different trading needs, with competitive spreads. Both the Standard and the Cent account offer spreads from as low as 0.7 pips with no commission charged. However, note that the availability of the Cent account may vary depending on the region of a trader. 

FBS also charges swap fees for positions left open overnight. The specific fee varies depending on the asset being traded and the size of the trade. However, for clients adhering to Sharia law, FBS provides swap-free (Islamic) accounts.

FBS Trading Platforms

FBS provides clients with a selection of industry-leading trading platforms to use in trading. MetaTrader 4 is a well-established and intuitive platform offering advanced charting tools and support for automated trading via Expert Advisors (EAs). It also features one-click trading, multiple timeframes, and a range of technical indicators.

Meanwhile, MetaTrader 5 (MT5) builds on MT4’s features with additional asset classes like stocks and commodities. It has more timeframes, an economic calendar, and an improved strategy tester for backtesting trading algorithms. Further, it has Depth of Market capabilities, which provide a deeper view of liquidity and the order book.

For traders who prefer mobile convenience, the FBS Trader App provides a streamlined experience. It features easy account management, instant execution, and access to all financial instruments offered by FBS. It is built on TradingView charting and is available on both Android and iOS.

The Credibility of FBS

It is very important to consider the credibility of a broker even when considering their bonus offering. To do this, traders should prioritise the broker’s regulatory status and its reputation among traders online. FBS has established itself as a reputable brokerage firm since its inception in 2009. 

The broker operates under the oversight of multiple financial authorities, reinforcing its credibility and commitment to client safety. Some of the organisations that regulate FBS include the FSC in Belize and the ASIC in Australia.

Alongside its regulation, this broker has also earned great reviews online. It has a 4.3-star rating out of 5 based on over 5,900 different reviews on Trustpilot.

Closing Remarks

The FBS 100% Deposit Bonus presents an excellent opportunity for traders to boost their capital and enhance their trading potential. This bonus provides a valuable incentive for both new and experienced traders by doubling a trader’s initial deposit and offering additional bonuses on subsequent deposits. 

However, it is essential to carefully review the terms and conditions. It is important to understand the withdrawal rules, bonus expiry policies, and eligibility criteria for the best experience with the bonus.

Beyond the deposit bonus, FBS stands out as a well-regulated and reputable broker. It offers a diverse range of trading instruments, competitive account conditions, and advanced trading platforms. This is further backed by its regulatory oversight and positive client reviews.