Today I will tell you how to get a no deposit bonus from the forex broker FXOpen of $10 in 2024, give some tips how you can cash out the bonus money and trading profit. The broker FXOpen has been conducting a popular promotion for new clients who open an STP account for quite some time now among a huge variety of various promotions, offering the opportunity to receive a free forex bonus $10 without depositing funds into the account. So, if you haven’t worked with this broker yet or are just planning to start working with them in 2024, then this material will be one hundred percent useful to you. So let’s get started.
How to register FXOpen bonus account?
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- The registration procedure on the official website is not very complicated but has its peculiarities. So, click on the banner and go to the official FXOpen website:
- Once you get on the main page of the FXOpen website, hover your mouse cursor over the tab and then, in the drop-down menu, click on “Bonuses”:
- In the opened bonus section, look at the first promotion in the list, where it says “No Deposit Bonus for STP Accounts,” and click on the “Get” button.
- On the opened page, due to the absence of an account for a new client on this platform, you need to click on the text “Register.” You will be redirected to the registration page, where you can choose the most convenient option for you: enter your email and phone number or register on FXOpen by authorizing through one of the popular social networks (Facebook, Google+, VK):
- On the next page, titled “eWallet Registration,” you will need to enter a password or check the box if you wish to generate a password automatically:
After clicking the “Done” button, your eWallet will be registered with FXOpen. The opened page will display important information that you should save since you will need it later. You will see your login (using your email you provided at the beginning of registration), alphanumeric eWallet number, and a four-digit PIN code (needed to make changes to your profile and for deposit/withdrawal operations). - Now, check your email inbox. You should receive an email from the broker. In the email text, there will be a link that you need to click to confirm the email address you provided.
- The next step in receiving the $10 no deposit bonus from FXOpen is to verify the phone number you provided during registration. Verification is done via SMS. In your account on the broker’s website, go to the “Settings” section, then navigate to the “Security” subsection, and click on “SMS Notifications.” On the opened page, you will need to enter your mobile phone number if you registered through social networks and then click on the “Send” button:
You will receive an SMS message with a verification code on your phone. Enter the received verification code into the corresponding field on the page. Then click the “Confirm” button. If, for some reason, you did not receive the SMS, you can click on the “Resend code” button:
- Also on this “SMS Notifications” page, you can choose which types of notifications you want to receive from the FXOpen broker on your mobile phone.
- Now you need to open an STP account, which will be used as a bonus account. Until you open an STP account, FXOpen will not credit you with the $10 bonus. This type of account is used for ECN trading with access to the real market. The broker does not restrict the operation of this account in any way: you can use any strategies, advisors, and trading mechanisms. Here are all the conditions of this account type at the broker:
To open an account, go to your account tab and click on “Open Account.” Then look at the “Trading Accounts” section and choose “STP.” You will be offered to familiarize yourself with the specifics of this account, choose the account currency, leverage size, and set a password for phone transactions. Set the required parameters, confirm, and receive all the necessary information about the opened account, which you will need for operation (number, password, trading server address, investor access password). - That’s it. If you have followed the instructions above, FXOpen will credit the no deposit bonus funds to the balance of the opened account, and you can start trading.
- The registration procedure on the official website is not very complicated but has its peculiarities. So, click on the banner and go to the official FXOpen website:
How to Withdraw Money from FXOpen No Deposit Bonus
Now, a little information about the withdrawal conditions of this bonus. You cannot cash out the no deposit forex bonus itself, you can only withdraw the trading profit earned from this FXOpen bonus. To do this, you will need to trade at least 2 standard lots on the bonus account. Also, note that to withdraw money, the broker requires you to verify your personal information. Until they are verified, the label “Not verified” will be displayed in your account.
To verify your data, you will need to upload scans of your documents. Uploading is done through the personal data section, where you will see the “eWallet Verification” subsection. Scan or take photos of 2 documents confirming your identity and your address of residence. As always, to confirm your identity, a regular passport, international passport, or driver’s license will suffice. To verify your address of residence, you will need to use utility bills or a bank statement.
After uploading the documents, you will need to wait about 3 business days for the broker’s support team to conduct the verification. If everything goes successfully, the “Not verified” status will disappear. If all the conditions mentioned by you are met and you have traded 2 lots in profit, then you can request a withdrawal of funds from the account.
You can withdraw money from the FXOpen account to wallets in popular payment systems such as WebMoney, Skrill, Neteller, Yandex.Money (Yoomoney), to bank cards, cryptowallets or accounts. For withdrawing funds from the FXOpen account, there is also the option to request withdrawal in cryptocurrency to popular cryptocurrency wallets.
By the way, a few words about the broker’s reliability. FXOpen has been providing brokerage services since 2005. The company has a large pool of liquidity providers, including well-known ones: Dresdner, SG Paris, Standard Chartered, Barclays Capital, Bank of America, CRNX, JPMorgan, Morgan Stanley, Deutsche Bank AG, RBS, CITI, UBS, HOTSPOT INST, GOLDMAN, LavaFX.
The broker has several representations in various jurisdictions, and depending on the location, its activities are supervised by the following reputable market authorities: the Financial Commission, the Australian Securities and Investments Commission (ASIC), and the Financial Conduct Authority. In general, there are all the conditions for productive and stable work for both novice traders and experienced forex market gurus.
Happy trading!
After completing these steps, the Fxopen bonus should be credited to your account automatically. Once you have received $10, you cannot claim the deposit bonus, and vice versa. The bonus itself cannot be withdrawn – it is provided for getting acquainted with the platform.
However, profit can be withdrawn after fulfilling a simple condition – trading two lots.
The no deposit bonus from FXOpen came in handy for me at the time. I managed to boost the account balance to $50 quite quickly thanks to a proven scalping strategy. After that, I plugged in a tested profitable advisor, and for the second year now, it has been bringing me several tens of dollars in profit monthly with FXOpen. So, I recommend getting a no deposit forex bonus from this broker; everything works just fine without deception.
I read the recommendations about the company FXOPEN. I liked that Fxopen has established itself in the Forex market as reliable and stable. And this innovation is a very good incentive for beginners. I didn’t want to risk even my 10 dollars, and this is a good start. Registration through social networks is also suitable for me. We will work.
I am sincerely glad that I found FXOPEN. Now it’s possible to work and earn. And they even give a bonus. This is good, especially for beginners to earn some extra money. There are so many scams on the internet. I express my gratitude to FXOPEN company.
At FxOpen, there are a lot of contests where you can win a prize without dealing with a no-deposit bonus, where you can gently trade the volume for profit withdrawal in 2 lots if memory serves me right. The withdrawal from prize funds will be faster there, and practically all the prizes in the contests of this broker are withdrawable. Give it a try.
I’ll have to check, because after working through the no deposit bonus and withdrawing money from FXOpen, I somehow forgot about it. I don’t even remember why, in principle, the broker is actually very good.