Exness Review
FBS Sign Up Bonus
Overall, FBS offers Botswana traders a Sign-Up Bonus of $140 (1918 BWP) when traders first register a retail account. FBS is considered trustworthy, with an overall Trust Score of 75% out of 100.
- Louis Schoeman
Jump to:
Sign Up Bonus
Referral Bonus
Additional Broker Bonuses
Pros and Cons
Final Verdict
FAQ
FBS at a Glance
| 🏛 Headquartered | Belize |
| 🌎 Global Offices | Malaysia, Laos, Thailand, Dubai, Brazil, Turkey |
| 🏛 Local Market Regulators in Botswana | • Ministry of Finance and Economic Development (MFED) • Bank of Botswana (BoB) • Non-Bank Financial Institutions Regulatory Authority (NBFIRA) |
| 💳 Foreign Direct Investment in Botswana | 115.89 BWP Million in 2021 |
| 💰 Foreign Exchange Reserves in Botswana | 5270 USD Million in 2021 |
| ✔️ Local office in Gaborone? | No |
| 👨⚖️ Governor of SEC in Botswana | None, Moses Dinekere Pelaelo is the Governor of the Bank of Botswana |
| ✔️ Accepts Botswana Traders? | Yes |
| 📊 Year Founded | 2009 |
| 📞 Botswana Office Contact Number | None |
| 📱 Social Media Platforms | • Facebook • Telegram • YouTube |
| ⚖️ Regulation | IFSC, CySEC, ASIC, FSCA |
| 1️⃣ Tier-1 Licenses | • Australian Securities and Exchange Commission (ASIC) |
| 2️⃣ Tier-2 Licenses | • Cyprus Securities and Exchange Commission (CySEC) • Financial Sector Conduct Authority (FSCA) |
| 3️⃣ Tier-3 Licenses | • International Financial Service Commission (IFSC) in Belize |
| 🪪 License Number | • Belize – 000102/198 • Cyprus (Tradestone) – 331/17 • Australia (IFM) – 426359 • South Africa (Tradestone) – 50885 |
| ⚖️ MFED, BoB, or NBFIRA Regulation | None |
| ✔️ Regional Restrictions | Japan, United States, Canada, United Kingdom, Myanmar, Brazil, Malaysia, Israel, the Islamic Republic of Iran |
| ☪️ Islamic Account | Yes |
| 💻 Demo Account | Yes |
| 🛍 Retail Investor Accounts | 3 |
| ✔️ PAMM Accounts | No |
| 💻 Liquidity Providers | Currenex |
| ✔️ Affiliate Program | Yes |
| 📱 Order Execution | Market |
| 📊 Starting spread | 0.0 pips |
| 📉 Minimum Commission per Trade | From $6 |
| 💰 Decimal Pricing | 5th decimal pricing after the comma |
| 📞 Margin Call | 40% |
| 🛑 Stop-Out | 20% |
| 📉 Minimum Trade Size | 0.01 lots |
| 📈 Maximum Trade Size | Unlimited |
| ✅ Crypto trading offered? | Yes |
| ✔️ Offers a BWP Account? | No |
| 📉 Dedicated Botswana Account Manager? | No |
| 📈 Maximum Leverage | 1:3000 |
| 📊 Leverage Restrictions for Botswana? | No |
| 💳 Minimum Deposit (BWP) | 96 Botswanan Pula or an equivalent to $5 |
| ✔️ Botswana Pula Deposits Allowed? | Yes |
| 📊 Active Botswana Trader Stats | 250,000+ |
| 👥 Active Botswana-based customers | Unknown |
| 🔁 Botswana Daily Forex Turnover | Unknown, Forex overall is $6.6 Trillion |
| 💰 Deposit and Withdrawal Options | • Credit Card • Debit Card • Neteller • Sticpay • Skrill • Perfect Money • Local Exchanges |
| 💻 Minimum Withdrawal Time | 15 to 20 minutes (maximum 48 hours) |
| ⏰ Maximum Estimated Withdrawal Time | Up to 7 days |
| 💳 Instant Deposits and Instant Withdrawals? | Instant Deposits |
| 🏛 Segregated Accounts with Botswana Banks? | No |
| 📱 Trading Platforms | • FBS Trader • MetaTrader 4 • MetaTrader 5 |
| 💻 Tradable Assets | • Forex • Precious Metals • Indices • Energies • Stocks • Exotic Forex • Cryptocurrencies |
| ✔️ Offers USD/BWP currency pair? | No |
| 📊 USD/BWP Average Spread | N/A |
| ✅ Offers Botswana Stocks and CFDs | No |
| 💻 Languages supported on the Website | English, German, Spanish, French, Italian, Portuguese, Indonesian, Malay, Vietnamese, Turkish, Korean, and others |
| ☎️ Customer Support Languages | Multilingual |
| ⏰ Customer Service Hours | 24/7 |
| 📞 Botswana-based customer support? | No |
| 💸 Bonuses and Promotions for Botswanans? | Yes |
| 📚 Education for Botswanan beginner traders | Yes |
| 📱 Proprietary trading software | Yes |
| 🤝 Most Successful Trader in Botswana | Unknown |
| ✔️ Is FBS a safe broker for Botswana Traders? | Yes |
| 🎖 Rating for FBS Botswana | 9/10 |
| 🥇 Trust score for FBS Botswana | 75% |
| 👉 Open Account | 👉 Open Account |
FBS Sign-up Bonus
FBS provides Botswana traders with a $140 sign-up bonus.
When traders register a real account for the first time with FBS, they will get a $70 sign-up and welcome bonus on their real accounts. Traders who authenticate their email address and establish a Level-Up Bonus account in the FBS Personal Area are eligible for a $140 sign-up bonus.
After twenty consecutive days of consistent trading activity, traders may withdraw any winnings accrued on this bonus account. This kind of promotion is also known as a no-deposit bonus since Botswanans are not needed to make an initial deposit to qualify.
In addition, FBS offers Botswana traders a 100% deposit bonus after account verification and a first deposit. FBS offers a $100 quick-start bonus to clients who use the FBS Trader. This bonus is aimed at novice traders and provides a plethora of educational information and tools.
How can traders claim the FBS sign-up bonus, and are there any specific requirements to be eligible for this bonus?
To claim the FBS sign-up bonus, traders typically need to follow a few simple steps outlined by the broker. These steps may involve opening a new trading account with FBS, completing the necessary account verification procedures, and then applying for the sign-up bonus through the broker’s official website or trading platform.
What are the withdrawal conditions associated with the FBS sign-up bonus, and can traders withdraw the bonus funds directly?
The withdrawal conditions for the FBS sign-up bonus are typically outlined in the bonus terms and conditions provided by the broker. Traders often need to meet specific trading volume requirements or execute a certain number of trades before they can withdraw the bonus funds or profits generated from the bonus.
FBS Referral Bonus
Referral incentives are one of the best and most effective methods for brokers like FBS to “spread the word” about their services and trading conditions. After opening a genuine account with the FBS, referrals may be asked to trade a certain volume to meet the bonus criteria.
If these requirements are completed, the referring trader and the referring trader will be eligible for the referral bonus.
How does the FBS referral bonus program work, and how can traders participate in it?
FBS’s referral bonus program typically allows traders to earn rewards by referring new clients to the broker. To participate, traders often need to sign up for the referral program through their FBS account and receive a unique referral link or code.
Are there any restrictions or limitations on the FBS referral bonus, and how are the referral rewards typically paid out?
FBS referral bonus programs may have certain restrictions or limitations, which can vary based on the terms and conditions of the program.
FBS Additional broker bonuses, promotions, and rewards
FBS also provides its loyal customers with a broker bonus and a trading bonus. In addition, the broker offers Botswana traders the following incentives and opportunities to win grand prizes:
➡️ FBS Traders Parties
➡️ Get a Car from FBS
➡️ Cashback bonus
➡️ Trade to Help
➡️ FBS Winning Season
➡️ FBS Leaders’ Summit
➡️ FBS League
➡️ FBS Gift Season
What types of additional bonuses and promotions does FBS offer to its traders apart from the standard ones, and how can traders stay updated on these offers?
In addition to standard bonuses and promotions, FBS may introduce special or time-limited offers to its traders. These could include seasonal promotions, holiday bonuses, or special trading contests. Traders can typically stay updated on these additional offers by regularly visiting FBS’s official website, checking their emails (if subscribed to FBS newsletters), and following the broker’s official social media channels. FBS often announces new promotions and bonuses through these channels, providing traders with opportunities to participate and benefit from various rewards.
Are there any specific terms and conditions associated with FBS’s additional broker bonuses and promotions, and how can traders ensure they meet the requirements to qualify for these offers?
Yes, additional bonuses and promotions offered by FBS typically come with specific terms and conditions that traders must adhere to. These conditions may include trading volume requirements, time frames for participation, and eligibility criteria.
FBS Botswana Pros and Cons
| ✔️ Pros | ❌ Cons |
| FBS is one of the best brokers for forex bonuses and rewards | There is currently no demo account contest offered |
| Botswanans can get a lucrative no-deposit bonus when they sign up | |
| FBS offers a broker bonus to loyal customers | |
| Active traders can participate in trading bonuses |
Verdict on FBS
Overall, FBS is very competitive in terms of its trading fees and spreads.
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Conclusion
Now it is your turn to participate:
Do you have any prior experience with FBS?
What was the determining factor in your decision to engage with FBS?
Was it because of the minimum deposit, regulation, retail trading accounts, or any other factors?
Have you experienced any issues with FBS such as difficulty withdrawing funds, inability to verify regulations, irresponsive customer support, etc.?
Regardless, please share your thoughts in the comments below.
Frequently Asked Questions
Does FBS still have bonuses?
Yes, FBS offers a plethora of bonuses, including:
- FBS Traders Parties
- Get a Car from FBS
- Level-up Bonus
- 100% Deposit Bonus
- Cashback bonus
- Quick Start Bonus
- Referral Program
- Risk-free investments
- Loyalty Program
- Trade to Help
- FBS Winning Season
- FBS Leaders’ Summit
- FBS League
- FBS Gift Season
How can I withdraw my FBS Bonus?
You can only withdraw your FBS bonus once you have fulfilled the requirements for withdrawal.
Do I need a real account to qualify for an FBS bonus?
Yes, you need to register a real account and verify your details before you can qualify for the bonuses offered. Demo account holders are not eligible for any bonuses.
How much must I deposit to get the FBS bonus?
You do not need to deposit to get the no-deposit bonus. However, you must deposit the stated minimum deposit amount to qualify for the deposit bonus.
Can I trust FBS?
Yes, FBS is well-regulated and has a long record of accomplishment.
Addendum/Disclosure:
No matter how diligently we strive to maintain accuracy, the forex market is a volatile environment that may change at any time, even if the information supplied is correct at the time of going live.
