FenzoFx‘s $50 No Deposit Bonus is a risk-free solution for your trading journey. We understand that trusting a Forex broker can be challenging for some traders, so we allow U.S. traders and investors to try us first with real money before making any deposits!
We are excited to announce the FenzoFx $50 Forex No Deposit Bonus to every new trader. This limited opportunity lets you trade the world with real money without making any investment.
Key Features of No Deposit Bonus
Our No Deposit Bonus campaign features real market conditions, allowing participants to withdraw their profits anytime.
| Terms | $50 No Deposit Bonus |
|---|---|
| Application Fee | $1.00 |
| Products | Forex (currency pairs). |
| Strategies | All trading strategies allowed. |
| Limit drawdown | $5.00 daily loss, $10.00 total. |
| Period | 30 days. |
| Target | $50.00 of profit. |
| Leverage | 1:200 |
| Min trades per day. | 2 |
| Min/Max lot size per trade. | 0.01 or 1,000 of the base unit. |
| Minimum distance to close a trade. | 5.0 pips (50 points) for major pairs; 10.0 pips (100 points) for the minor and exotic currency pairs. |
| Min trades to hit target. | 25 Trades |
| KYC | KYC is not necessary for applying but required to claim the prize after completing the tasks. |
| Reward | $50.00 |
| Restricted Countries | This program is not available to the citizens of Indonesia, Malaysia, Egypt, Afghanistan, Iraq, Yemen, Palestine, Lebanon, Morocco, Syria, Algeria, Pakistan, Nigeria, and Somalia. |
How to Apply for Free
To apply for free for any of the prop accounts you can participate in our forex analysis contest which is held every week. Once your name is picked as the winner, you can get one the prop accounts for free.
Click here for more information about the Forex Analysis Contest.
How to Withdrawal Profits of No Deposit Bonus Account
Participants are free to ask for their profit anytime. However, we added a few limitations, which are listed below. These provisions are set to manage risks on our end and to give you a chance to cash out once you have made enough money.
- Minimum Departure: $50.0.
- Maximum Departure: $50.0—A generous limit to start profiting from the no deposit bonus account.
- The profit made from the No Deposit Bonus account will be transferred to a new trading account.
- Any additional profits generated from the new account after the transfer are free to be withdrawn.
- The initial balance of $50.00 remains the property of FenzoFx and is not eligible for withdrawal
To ensure a smooth review and withdrawal process, please follow the steps below carefully:
- Review Your Trading Activity
- Before initiating a withdrawal request, confirm that you have fully complied with the trading rules established for this No Deposit Bonus account. Trades should align with the outlined guidelines regarding lot size, risk management, trading duration, and strategy limitations.
- Access the Submission Form
- Go to the official Contact Us page on the FenzoFx website. Scroll down to locate the inquiry submission form and fill out the form accurately.
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No Deposit Bonus T&C
All FenzoFx’s No Deposit Bonus program participants must comply with the following trading rules. Any violation of these rules will result in disqualification. Disqualified users will not be permitted to withdraw any profits earned from the No Deposit Bonus (NDB) account. Additionally, the account will be deactivated after 30 days.
Therefore, we encourage you to review this section carefully. Participants should also regularly check this webpage for any future updates or changes.
- When applying for the bonus, participants must provide their full legal name, exactly as it appears on their identification document, in the registration form. Failure to do so, including using nicknames or incomplete names, will result in disqualification, even if all other trading terms and conditions are adhered to.
- The leverage of the No Deposit Bonus account cannot exceed 1:200.
- Trading on Forex currency pairs is allowed.
- Trading indices, stocks, commodities, cryptocurrencies, and agriculture invalidates the No Deposit Bonus account.
- Only one trade at a time is allowed.
- Participants are required to carry out at least 2 trades every 24 hours while the market is open.
- The total maximum loss limit is $10.00. If a participant’s loss exceeds this amount, they will be disqualified from the challenge.
- The maximum loss limit on a daily basis is $5.00. If a participant’s loss exceeds this amount, they will be disqualified from the challenge.
- The minimum and maximum lot size for trading is 0.01 lot, or 1,000 units of the base currency.
- Trades in profit or loss must be closed with a gain or a loss of more than 5.0 pips or 50.0 points for major currency pairs, and more than 10.0 pips or 100.0 points for minor and exotic currency pairs.
- A minimum of 25 trades is required before reaching the $100.0 profit.
- The FenzoFx trading hub is safeguarded by advanced AI systems designed to detect and prevent fraudulent activities. One prohibited activity is buying a product on one account and simultaneously selling the same product using another account.
- Participants can apply for the No Deposit Bonus account once. Applying more than one-time results in disqualification.
- Our AI system detects multiple accounts created using documents from siblings, parents, or other relatives. Such accounts will be disqualified.
- Trading on multiple accounts using different names and email addresses is strictly prohibited. Violating this rule will lead to immediate disqualification and the forfeiture of any associated bonuses, rewards, or trading privileges.
- The initial balance and any profit generated from the No Deposit Bonus Account are considered the property of FenzoFx and are not eligible for withdrawal.
- Profits accumulated in the No Deposit Bonus Account will be transferred to a new trading account. While any additional profit made in the new trading account can be withdrawn, the initial balance transferred from the No Deposit Bonus Account remains non-withdrawable, as it is the property of the company.
- Participants who are declared prize winners must submit specific documents to FenzoFx for identity verification. These documents include color images of a valid identification card, proof of address, and a selfie holding the identification card. This process is mandatory and is designed to uphold the program’s security and authenticity standards.
The $50.00 No Deposit Bonus provided by FenzoFx is solely the property of the company and is not eligible for withdrawal. FenzoFx reserves the right to invalidate the participation of any individual in the No Deposit Bonus program at its discretion, without the obligation to provide an explanation.
Furthermore, FenzoFx retains the authority to modify, update, or amend the rules and conditions of the No Deposit Bonus program at any time as deemed necessary.
As a participant, it is your responsibility to remain informed about any changes to the program. We strongly encourage traders to regularly visit this page to stay updated on the latest rules and regulations regarding the No Deposit Bonus. Staying informed will ensure continued compliance and a seamless trading experience.