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Financial Spreads Sign Up Bonus

Financial Spreads Sign Up Bonus

Overall Rating

4.7/5

Rated #– of 
Recommended FX Brokers

💰Minimum Deposit

USD 250

🌐 Regulators

FCA

📱 Trading Desk

Crypto

Yes

📈 Total Pairs

30

☪️ Islamic Account

No

📊 Trading Fees

Low

🕒 Account Activation Time

24 Hours

🏛️ Visit Broker

 

No, a Financial Spreads sign-up bonus is not offered for first-time sign-ups or beginner traders.

Finding a reputable list about Financial Spreads Sign up Bonus local or worldwide can be a difficult process, especially finding a complete list from a trustworthy reputable source.

Below is an in-depth Sign-up-Bonus review regarding this regulated Forex company, which will assist traders to make an informed decision.

 

Financial Spreads does not offer any type of broker bonus scheme for clients who choose to register for a real account, such as a welcome bonus, as well as any other type of additional promotions, such as a trading bonus or a referral bonus.

This is primarily because the broker is highly regulated by the Financial Conduct Authority (FCA), which has place restrictions on the provision of bonuses.

Companies that wish to provide their clients with additional incentives are advised by the regulator to offer lower spreads.

The FCA, also known as the Financial Conduct Authority, is a financial regulatory body based in the United Kingdom. The main task of this entity is to monitor and regulate every financial services industry operating inside its jurisdiction.

They are operating independently from the government and have the right to charge fees to its members so they can maintain the integrity of the financial markets within the United Kingdom.

These bonuses are often the best way in which brokers attract new clients in registering for a real account. These bonuses often depend on the amount that traders deposit, keeping into consideration that there is always a minimum amount accepted.

In addition, such bonuses serve as trading credit which can be used in trading activities and the amount is non-withdrawable. However, profits that are made while using the trading credit or bonus can be withdrawn.

Such bonuses often have strict terms and conditions involved and traders are urged to ensure that they understand these before making use of the bonus.

Traders also need to acknowledge that demo accounts are not eligible where such bonuses are concerned.

 

Referral Bonus

Referral bonuses allow traders, who have registered a real account, to earn more rewards when they refer a friend or family member to register a real account with a broker.

However, as already noted, Financial Spreads does not offer its traders any form of referral bonus, as this is included with all other bonuses in the broad-based promotions restriction by its primary regulator, the Financial Conduct Authority (FCA).

As such, under these restrictions, the regulator defines a referral bonus as “an amount of money or percentage of the referred “friend’s” initial deposit, which cannot be withdrawn until a target volume has been reached”.

 

Additional broker bonuses, promotions, and rewards

Financial Spreads does not offer any additional bonuses, such as trading bonuses, or promotions, to any of its loyal customers at this stage.

 

Overall Rating

4.7/5

Rated #– of 
Recommended FX Brokers

💰Minimum Deposit

USD 250

🌐 Regulators

FCA

📱 Trading Desk

Crypto

Yes

📈 Total Pairs

30

☪️ Islamic Account

No

📊 Trading Fees

Low

🕒 Account Activation Time

24 Hours

🏛️ Visit Broker

 

These include trading volume-based bonuses, referrals, verification/webinar promotions, gifts and gadgets, tournaments, trials, risk-free accounts, cash rebates, deposit bonuses, no deposit bonuses, and bonus interest rates.

 

Pros and Cons

PROS CONS
Demo account available No bonus available
Well-regulated broker

 

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You might also like: Financial Spreads Account Types

 

Final Thoughts

Under the recent restrictions regarding bonuses provided by the broker’s regulator, the FCA, Financial Spreads does not offer any bonuses or promotions to its clients.

 

FAQ

 

Does Financial Spreads offer a sign-up bonus?

No. Financial Spreads does not offer a sign-up bonus. To find out more, click here.

Author Details

Louis Schoeman

Louis Schoeman

Featured Forex and Stocks writer

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