FirewoodFX $20 Welcome Bonus Today: No Deposit Needed

FirewoodFX offers a $20 Welcome Bonus that helps traders test their skills without any financial risk. The best part? You can withdraw your trading profits without making any original deposit.

This welcome bonus gives traders a perfect opportunity to explore forex and CFD trading. You can experience FirewoodFX’s trading platform completely risk-free and earn actual profits. The forex and CFD markets carry most important risks naturally, but this bonus lets you learn the basics safely without risking your own money.

What Is FirewoodFX $20 Welcome Bonus

FirewoodFX offers a $20 Welcome Bonus that lets new traders try out actual trading without depositing any money. The platform credits your account with $20 right after you sign up, unlike other typical bonus programs.

This welcome bonus gives traders a risk-free way to start forex trading. Your bonus account gets $20 automatically after opening, so you can trade without putting in your own money. The account runs on ECN pricing conditions to give you a genuine market feel with zero financial risk.

The bonus account comes with specific trading parameters:

• Maximum lot size of 0.01 per order
• Maximum of 5 open positions allowed
• Fixed leverage at 1:3000
• Expert Advisors (EAs) not permitted
• MT4 platform access

The bonus program stands out because you can withdraw your profits. You need to close 2 eligible lots within 30 days of getting the bonus to withdraw your earnings. The requirement drops to just 1 eligible lot if you deposit $100 or more into your bonus account.

Only trades closed with more than 5 pips profit or loss count toward your lot requirements. The bonus stays active for 30 days after it hits your account.

The campaign runs until December 31, 2025, according to official sources. All the same, FirewoodFX can change or end this promotion without notice.

New traders who haven’t registered with FirewoodFX before can take advantage of this bonus. It’s a great chance to test the platform’s trading environment without risking your own money, making it perfect for beginners or traders looking to try a new platform.

How To Claim Your $20 Welcome Bonus Today

The FirewoodFX $20 Welcome Bonus is yours in just a few quick steps. You can start trading without any deposits through this secure and simple process.

Head to the official FirewoodFX website to fill out the registration form. The form asks for your full name, email address, password, country of residence, and mobile phone number. Make sure you pick the “Bonus” account type when selecting your account priorities.

After registration, you’ll get your MT4 account number, trading password, and PIN in your email. These details let you access your trading platform and client cabinet.

Your account needs verification through these identification documents:

1. Proof of Identification: A color scan or photo of your passport, driving license, or ID card that shows your full name, photo, date of birth, and citizenship.
2. Selfie Verification: A photo of you holding your ID document with a handwritten note displaying “FirewoodFX” and the current date.

Upload these documents through the FirewoodFX Mobile App or the client cabinet on their website. Account verification usually takes 1-72 hours.

The $20 welcome bonus will appear in your trading account once your verification gets approved. You can start trading right away with this $20 balance.

Note that this welcome bonus is only for new clients who haven’t had a FirewoodFX account before. The bonus account features ECN pricing and allows up to 5 open positions at once, with a maximum of 0.01 lot per order.

This simple process will help you claim your $20 welcome bonus and experience ground trading conditions without risking your own money. New traders can easily access this risk-free trading chance.

Trading With Your Welcome Bonus

The $20 Welcome Bonus hits your account and you can start trading right away on FirewoodFX. This bonus lets you test your trading strategies in actual market conditions without putting your own money at risk.

Your bonus account gives you access to various trading options including forex pairs and gold. The platform has all kinds of currency pairs – major, minor, and exotic, plus metal trading options. You’ll get FirewoodFX ECN pricing that mirrors real market conditions.

Here’s what you need to know about your bonus account:

• Each order has a maximum lot size of 0.01
• You can have up to 5 open positions at once
• The leverage stays fixed at 1:3000
• Expert Advisors aren’t allowed

To trade successfully, note that only trades that close beyond 5 pips profit or -5 pips loss count toward your lot requirements. For gold (XAU), this means a $5 movement. Small trades won’t help you reach the withdrawal threshold.

You get 30 days to use your bonus account after it’s credited. The platform will close your bonus account if you don’t trade for 5 days.

When you add funds to your bonus account, your existing equity becomes “credit” and turns into a deposit bonus. FirewoodFX then gives you an 88% deposit bonus when you put in $100 or more, up to $10,000.

Note that forex trading can be risky. Your first profit withdrawal can’t exceed $20. You’ll need to complete 2 eligible lots within 30 days to withdraw profits. A $100 deposit cuts this down to just 1 eligible lot.

This welcome bonus is a great way to try out FirewoodFX’s platform and possibly make some withdrawable profits without spending your own money.

Conclusion

FirewoodFX’s $20 Welcome Bonus is a great way to start forex trading without risking your own money. The trading conditions include specific limits like 0.01 lot size and 5 maximum positions that help new traders manage their risk better.

The bonus has a simple structure. You need to complete 2 eligible lots within 30 days to withdraw profits. A $100 deposit reduces this requirement to just 1 lot. On top of that, the quick verification process and instant bonus credit let you test your strategies right away.

This welcome bonus does its job – giving you exceptional trading experience without financial risk. The 30-day timeframe gives you enough room to learn the platform while keeping the trading requirements reasonable. Trading forex needs practice, and this bonus lets you do just that without putting your money at risk.

FAQs

Q1. What is the FirewoodFX $20 Welcome Bonus? The FirewoodFX $20 Welcome Bonus is a no-deposit offer that provides new traders with $20 in initial capital to experience real trading conditions without risking their own funds.

Q2. How can I claim the $20 Welcome Bonus? To claim the bonus, register on the FirewoodFX website, select the “Bonus” account type during registration, complete the verification process by submitting identification documents, and wait for approval.

Q3. What trading instruments can I access with the Welcome Bonus? With the Welcome Bonus, you can trade various forex pairs including major, minor, and exotic currency pairs, as well as gold.

Q4. Are there any restrictions on trading with the Welcome Bonus? Yes, there are some restrictions. You can trade with a maximum lot size of 0.01 per order, have up to 5 open positions simultaneously, and the account has a fixed leverage of 1:3000. Expert Advisors are not permitted.

Q5. How can I withdraw profits from my Welcome Bonus account? To withdraw profits, you need to complete 2 eligible lots within 30 days of receiving the bonus. If you deposit at least $100 into your bonus account, this requirement reduces to just 1 eligible lot. The maximum initial withdrawal is limited to $20.