FBS bonus programs are scam
Topic: FBS bonus programs are scam
Be aware of FBS broker and do not activate their bonus programs. at year 2016 I activated their 100% bonus on a 3000$ account. the rule was that when the amount of remaining equity after reducing open negative trades, reduced to 20% of initial money bonus will be removed.
I even asked their support about calculations and she said that the bonus will be removed when the remaining balance is 600$.
so I had 3k , and activated 100% percent bonus and sum of funds ( credit + my money ) was 6K.
I had a robot that used too much margin I set it to have around 2K of 6k active used margin.
at a day which I had a 2lot trade the remaining equity reached to 900$ of sum of trades ( 2100 $ used margin )
suddenly server removed the bonus and so the account got call margin.
I contacted them that why the bonus removed at a wrong price ( 900 instead of 600 ) and they didn't accept that incident.
their website most of the times do not send the chat to their support to client emails after chat is finished.
also their STP accounts have hidden spread ( stop loss level > 0 ) so its not a good broker for scalping. and spreads are too much high that robot cannot trade at all with profit there.
so as a friendly suggestion stay away from its bonus programs and advertisements and 1:3000 leverage ! it's all something to steal your real money rather than being helpful.