RahmanSL
Major
- Messages
- 2,938
Please, activate the promo in your Personal Area.
The bonus will be credited to your trading account in an hour.
If you have any questions, please, contact our customer support service.
Thank you for that most vital info
I did as instructed and usd500 free no-deposit show up as "credit" in trading account platform and, happy to inform, I am now trading the account.
BUT looks like I can place ONLY one trade at a time as a message "Too many orders" pop up when I wish to open/place a second trade position in any currency pair.
Looks like that must be on FreshForex T&C somewhere and is designed to prevent Traders from blowing the account....which makes good business sense
Okay, I will keep trading that free no-deposit credit account and shall update here from time to time on account progress and my trading experiences.
Cheers!
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Updates:
I received an email from "Client service of "FreshForex" company" as follows:
Bonus 500 USD has been credited to your account 81983, linked to “Test-drive bonus” promotion.
Before you start trading, please pay attention to the following limitations:
1. Maximum volume of one position: 0.10 lot;
2. Maximum number of simultaneously opened trades: 1
Above-mentioned limitations are lifted once you deposit to your account.
Company’s bonus funds are available for 14 days. Within this period you can retain profit on your account by depositing it.
...........then I went to live-chat for further clarification:
Q: On T&C for no-deposit bonus it states: Company’s bonus funds are available for 14 days. Within this period you can retain profit on your account by depositing it.
Does the 14 days include none trading days (i.e Sat, Sun, and public holidays)?
A: Yes
Q: What happens to profits if I don't deposit to my account after 14 days?
A: When there is no deposit within 14 calendar days:
All open trades (if there are any) are closed;
All pending oreders (if there are any) are cancelled;
Funds of the company are written off from "Credit" column;
The profits/loss fixed on the account is cancelled.
Conclusion: You are allowed to "play" with the "free no-deposit bonus" for 10 trading days (minus 4 Sat & Sun) after which you will have to deposit real money into your trading account in order to continue trading.....minus the "free no-deposit bonus" of course
Very ingenious marketing strategy!
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Additional Note: I would like to add that this is a very good way to try out new brokers with real trading account and that, after two weeks trial, I can either go live with them or erase them from my list.
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