US$50 (~A$62) Signup Bonus @ FBS

22

Go to Deal

freemoneyhunter on 24/03/2021 - 19:28 fbsaustralia.com (108 clicks)
Last edited 24/03/2021 - 19:47 by 1 other user

Who is FBS?
FBS is an international broker whose services are used by over 16 million traders from all around the globe.
What is Welcome Bonus and how do I participate?
Welcome Bonus is a new programme aimed at welcoming new Australian traders into FBS and helping traders get a good look at what kind а services we provide. The trader opens a Bonus account, they need to verify their profile by confirming their email, providing verification documents and completing our questionnaire. Once verification is completed, 50 USD will be deposited into the Bonus account and they can start trading!
Are there any risks with Welcome Bonus?
With Welcome Bonus, the clients cannot deposit their own funds into thу Bonus account, so they will be trading only the funds that have been deposited into the Bonus account by FBS. If any losses occur and the Bonus funds run out, the Bonus account will simply be closed, no funds will need to be paid back or returned.
Can I actually benefit from trading Welcome Bonus?
If you make a profit when trading the Welcome Bonus, it will be transferred into your Live account with FBS. From $25 to $200 can be transferred into the client’s Live account. After the transfer, the Bonus account will be closed. Be sure to read the Welcome Bonus Terms and Conditions to learn more about the Bonus.

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  YT13 on 24/03/2021 - 19:42

  It is $50 US sign up , so more like 62 AUD

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  itshammer on 24/03/2021 - 19:45

  are shares held in my name? im guessing not

  are funds secured somehow? im also guessing probably not, this is not a deal

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    Blokeinhisundies on 24/03/2021 - 20:16

    +1

    FBS is a ForEx trader so there are no shares but CHESS is ASX specific. My understanding is no other country has a similar set up and they run custodian systems ie the shares are not held in your name. No different to buying US listed shares through an Aussie broker.

    I'm still not touching this "deal" though lol. ForEx trading is the express train to Poorsville.

    EDIT: Regulated in Belize. Big yikes from me dawg.

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  Heaps for Cheaps on 24/03/2021 - 19:47

  Sorry, but it's a big 'NO DEAL' from me, just like from that show Andrew O'Keefe hosted many years ago.

  It's not a scam but comes across as scammy because of the odd OzBargain username posting the deal, lol.

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  deme on 24/03/2021 - 19:58

  +1

  Blah blah blah.

  This looks so scammy

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  RubenM on 24/03/2021 - 20:03

  Are you on OCAU @freemoneyhunter?

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    freemoneyhunter on 24/03/2021 - 20:38

    No, I thought it was an ok deal, they give you $50 and apparently you can use that to trade and make money up to $200 if your lucky and I guess then take it out as it gets transferred to a live account then.

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  Willyslicks on 24/03/2021 - 22:02

  +1

  Feels like a bookie's signup offer because the only way to cash out is to do some super risky stuff

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  vikvance on 25/03/2021 - 08:12

  I'm negging this deal, because it's not really a "signup bonus", and it annoys me that it is being advertised as a "bonus".

  You cannot withdraw the "Welcome Bonus". You can only withdraw any profits you make from trading it. And, if you don't make any profits, then you get nothing. And, making any kind of profit from Forex trading is not exactly an easy task.