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SYNERGY FX Sign Up Bonus

SYNERGY FX Sign Up Bonus

 

Overall Rating

4.7/5

Rated #261 of 
Recommended FX Brokers

💰Minimum Deposit

USD 100

🌐 Regulators

ASIC

📱 Trading Desk

No Trading Desk

Crypto

Yes

📈 Total Pairs

40+

☪️ Islamic Account

No

📊 Trading Fees

Low

🕒 Account Activation Time

24 Hours

🏛️ Visit Broker

 

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

Finding a reputable list about SYNERGY FX 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.

 

When traders register a real account with SYNERGY FX, they are not offered a deposit bonus or a welcome bonus.

These bonuses, as offered by some brokers, may be seen as the best way in which brokers attract new clients in registering for a real account. Bonuses usually depend on the amount that traders deposit, keeping in consideration that there is always a minimum amount required.

Such bonuses may serve as trading credit which can be used in trading activities, but the amount is non-withdrawable. Profits that are made while using the trading credit or bonus can be withdrawn, however.

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

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

 

Referral Bonus

A referral bonus allows 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.

SYNERGY FX does not make any provision for a ‘refer a friend, program. The bonus amount that traders can otherwise obtain is usually linked to a referral that they introduce to a broker and the amount deposited.

Traders who have registered a real account will be provided with a unique referral link. This link can be shared with up to 4 people in a 12-month period.

Once the referral has registered their real account, made a minimum deposit required, and completed a certain number of round trades, both the trader and referral will become eligible for the promised bonus.

 

Overall Rating

4.7/5

Rated #261 of 
Recommended FX Brokers

💰Minimum Deposit

USD 100

🌐 Regulators

ASIC

📱 Trading Desk

No Trading Desk

Crypto

Yes

📈 Total Pairs

40+

☪️ Islamic Account

No

📊 Trading Fees

Low

🕒 Account Activation Time

24 Hours

🏛️ Visit Broker

 

Additional Bonuses, Promotions, and Rewards

As is the case with a referral bonus, SYNERGY FX also does not offer a cash back bonus, which would serve as a trading bonus for loyal customers, where traders can earn a percentage on their spreads, swaps, and commissions in addition to gaining interest.

This bonus usually goes along with the referral bonus and for every person who is referred, traders will receive a certain percentage reduction across all spreads, excluding shares. Where shares are concerned, the percentage reduction would be applied to commissions charged.

The reduction is normally paid to the trader after three months and for traders who refer more than one person, there may be an additional three months for every additional referral up to a maximum of four per year.

After having registered a real account, traders can request to join such a cashback program.

 

Pros and Cons

PROS CONS
ASIC regulation No stocks available to clients
Demo Trading Platform No promotional offers or bonuses available
MetaTrader 4, WebTrader for iOS and Android
500: 1 maximum leverage

 

You might also like: SYNERGY FX Minimum Deposit

You might also like: SYNERGY FX Demo Account

You might also like: SYNERGY FX Fees and Spreads

You might also like: SYNERGY FX Account Types

 

Final Thoughts

Forex brokers often lure new traders with attractive offers of deposit bonuses which can be useful, but only if the conditions are such that the trader can really benefit from it.

The bonus often only compensates traders for choosing that broker, since once the account is active, the trader will have the same expenses as any other.

Hence, although SYNERGY FX does not offer any bonuses, it should not deter traders from registering a real account with them.

Author Details

Louis Schoeman

Louis Schoeman

Featured Forex and Stocks writer

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