FirewoodFX offers a $50 welcome bonus for new clients. This FirewoodFX $50 Welcome Bonus lets you start trading without risking your own funds at the beginning. After you sign up and meet the basic requirements, the bonus is added to a special account so you can test the platform and try different strategies.

This $50 Forex No Deposit Bonus Offer is a simple way to get used to how trading works with FirewoodFX. Always read the full terms and conditions first so you know how the bonus can be used and how profits can be withdrawn.

How to Claim the FirewoodFX $50 Free Welcome Bonus

1. Download and install the FirewoodFX mobile app.
2. Open a new trading account and choose the "Bonus" account type.
3. Verify your profile by uploading valid identification documents.
4. After your account is approved and meets the promotion rules, the $50 bonus is credited.

FirewoodFX $50 Welcome Bonus Rules and Conditions

1. Every bonus account starts with a balance of 50 USD.
2. The Welcome Bonus is available only for new FirewoodFX clients.
3. The bonus account uses FirewoodFX ECN pricing.
   • Maximum lot size per order: 0.01
   • Maximum number of open positions: 5
   • Expert Advisors (EAs) are not allowed on bonus accounts.
4. Clients can withdraw profit if these conditions are met:
   • The withdrawal request is made within 60 days of the bonus being credited.
   • At least 2 eligible lots have been closed.
   • The client has referred 4 Welcome Bonus clients who have trading volume.
5. Only trades that close with more than 5 pips profit, or less than -5 pips loss, count toward the lot calculation.
   • For XAU, the minimum price movement counted is equal to 5 USD.
   • Only Forex and Gold symbols count toward the required volume.
6. The maximum amount that can be withdrawn from the bonus account is 50 USD.
7. To request any withdrawal, full KYC verification is required.
8. The bonus account is closed 60 days after the bonus is credited.
   After closure, no trading or withdrawals are allowed.
9. If no trades are closed within 5 days, the bonus account is terminated.
10. Partners do not receive rebates from trades on bonus accounts.
11. If a client deposits funds into a bonus account, the current equity is moved to "credit" and treated as a "deposit bonus" according to the Deposit Bonus Promotion terms and conditions.
12. After any deposit (other than the original bonus) is made into the bonus account:
    • Selfie verification is no longer required.
    • Withdrawal limits are removed.
    • Trading volume and referral requirements are removed.
    • Trading conditions such as spread, leverage, maximum open trades, and maximum lot size stay the same.
13. Bonus amounts that have been moved to credit can be withdrawn as cash once the required trading volume is completed, following the Deposit Bonus Promotion terms and conditions.
14. Deposits made into a bonus account may also qualify for the Deposit Bonus, based on the Deposit Bonus Promotion terms and conditions.
15. If FirewoodFX believes a client is abusing the promotion or acting in bad faith, the company may reject the bonus request and/or close the bonus account at its own discretion.
16. If FirewoodFX suspects that a client is hedging positions internally (between FirewoodFX accounts or with other brokers), or using trading methods that break the rules, the company may cancel the bonus and/or remove profit from the winning account without the client's approval.
17. Clients can cancel the bonus at any time. Once cancelled, the bonus cannot be restored.
18. FirewoodFX may refuse any bonus application at any time, without prior notice and without giving a reason.
19. FirewoodFX may cancel a client's bonus at any time, without prior notice.
20. Any situation that is not clearly covered in these rules will be decided by FirewoodFX.
21. FirewoodFX may change, update, or stop this promotion at any time. Any updates are published in the Company news.
22. This promotion ended on August 31.
    Accounts registered after this date cannot receive the $50 Welcome Bonus.