Forex Trading is a fast growing activity in my country, and I Have come to notice that most of the people are using Demo-Accounts. With the majority they fear that this could be a big scam. I don't blame them a bit cause most have been victims of Pyramid Schemes, and some have been scammed in this very business of forex trading and buying dummy Indicators or robots. The Stories of forex failure tend to spread more and faster than any other news. So I have written this to serve the following 2 problems and misconceptions.
1. Forex is a big Scam.
2. I have no cash and unable to fund my real account.
There are some Forex Brokers that offer what we call free bonus Accounts, or some call them Zero Deposit trading accounts. I believe you have traded or are trading with a demo account. and are ready to go into the world of real trading, but you have no cash. Some of you have heard about forex trading but are afraid to actually open a real account. fear not.
My blog till further notice will focus on Zero Deposit accounts. I shall review some zero deposit accounts offered by brokers. So if you have gone through several sites you will notice that the broker FBS has a lot of ads, and they have the privilege to be the first broker that I review.
FBS Free Bonus Accounts.
https://www.fbs.com
FBS offers 2 types of Zero Deposit accounts, and they also offer a 100% deposit Bonus. I will not focus on the 100% deposit account.
Bonus $123
I don't know how I can explain this bonus, So as 1-2-3 is straight to the point the amount given to trade is perfect $100+ in fact with this much amount you can have confidence to leave it all to a trading robot. but the problem is the number of lots required for you to trade and their funny method of calculation. this is the fact that I hate the lots required for youtotrade soas to with draw your funds. What I advise geta good free Robot and open a free VPS and let the robot run on the $123 account with an unlimited number of trades this will greatly help you achieve the desired lot size. From Here Onwards this using FreeVPS on Free Bonus account and a Free Robot I,shall call the FREE HACK TRADING SYSTEM.
Bonus $50.
This is probably the most famous zero-deposit account in forex. Straight no funny calculations the rules are simple and to the point.
- Trade minimum 2 Lots
- Make minimum Profit of $ 25 and Maximum of $500
Withdrawal
I was already trading with FBS when I started these bonuses. FBS has requirement that your 1st withdrawal must be into the same account as your 1st deposit.
But with confidence i can guarantee you that when withdrawal comes and you haven't broken any of the rules you will withdraw your profit.
