Today I propose trying to get a Forexcent no-deposit bonus of $5. Forexcent broker is famous for its cent accounts, which allow you to start trading on Forex with minimal capital. But despite such favorable conditions, Forexcent provides an opportunity to try trading with bonus or free money.
As a welcome or greeting bonus, $5 is credited to the balance for further trading on a cent account.
How to get a Forexcent bonus
Step-by-step instructions are provided below:
- Registration on the broker’s website. To do this, click on the broker’s banner displayed below this paragraph and go to the website:
- The Forexcent site looks like this (click on the image to enlarge it):
- Click on the button indicated by the red arrow and you will see a form. In the field highlighted in red, enter your email and click on the button to the right:
- Next, you will need to enter your details to complete the registration of your Forexcent account. If you don’t plan to fraudulently obtain bonuses, then carefully and accurately enter the required information into the corresponding cells of the provided form. Please note that everything must be entered in Latin characters (transliteration). If you have difficulty with transliteration, you can use online transliteration services like translit.
- After filling in the required information, click on “Save Changes” and you’re done. Registration is complete, you’re in your account:
- As you can see from the screenshot, now you need to open a Forexcent trading account to receive the bonus and start trading. The bonus is provided to the Bonus 500 account type, so select it from the drop-down list. Make sure to check the box next to the “Agreement” line, indicating your agreement with the broker’s terms of the public offer, and click on the “Add Account” button. Please refer to the reports to determine whether you need to receive statements by email:
- After a short pause related to processing the request, we see information about the created account: the account number, password, and balance information. Be sure to save the password by writing it down, copying it, or taking a screenshot of the screen. By the way, all this information will be in the email that will come to your registration email. As you can see, the bonus money is already in the balance of your account:
- If you click on the button with the account number, you will be taken to a form where you can view all the information about it, change the leverage, view trading history, etc.:
- Now all that’s left is to download the trading terminal, install it, log in, and you can start trading with bonus money. All information on how to download the terminal, how to configure it, etc., is in the forexcent email:
Note that the broker has set certain conditions for trading with bonus money:
- the base leverage is 1:5, and you can simultaneously open no more than 3 lots. To improve trading conditions, you need to either earn a certain level of profit or deposit a certain amount into this account. The most optimal trading conditions will be when you earn or deposit $20 or more.
- you can withdraw profits from the account only when it reaches at least $1.
- if you withdraw profit from the account, regardless of whether it was $1 or $101, the bonus is automatically canceled. Also, the bonus is automatically canceled six months after it is issued.
- to withdraw profits from the account, you will need to go through verification.
Happy trading!
P.S. The broker ceased its activities in early 2014. Client accounts and balances were transferred to the LiteForex broker.