Headquarters: | Suite 305, Griffith Corporate Centre, Beachmont, Kingstown, St. Vincent and the Grenadines |
Foundation Year: | 2022 |
Country: | St. Vincent and the Grenadines |
Email: | [email protected] |
Trade Platform: | MetaTrader 5 (MT5), Mobile MT5, Web Platforms and More Trading Platforms |
Acc Funding Methods: | Bank wire, Debit/Credit card, Advcash, Perfect Money, Binance, Bitcoin, Ethereum, Litecoin Tether, Skrill, Neteller, Sofort and More |
Max: Leverage: | 1:500* |
Min. Deposit: | 10 |
Base Currencies: | USD, EUR, GBP, AUD |
Min. Spreads: | 2.5 Pips |
In the world of online trading, OXShare stands out by offering an enticing $50 free Forex trading bonus. This no-deposit bonus has an impact on newcomers and experienced traders alike, providing a risk-free opportunity to explore the platform's features and test trading strategies. OXShare's generous offer allows individuals to dip their toes into the forex market without putting their own money on the line.
This article delves into the details of OXShare's $50 free Forex trading bonus, highlighting its benefits and explaining the trading conditions. Readers will learn about the withdrawal requirements and gain insights into how to make the most of this bonus. By the end, traders will have a clear understanding of why OXShare's offer is worth considering and how it can jumpstart their forex trading journey.
What is OXShare's $50 Free Forex Trading Bonus?
OXShare's $50 Free Forex Trading Bonus is an introductory offer for new clients from non-restricted countries interested in opening a live trading account with OXShare Ltd (IFC regulated) 1. This bonus, also known as the "Welcome Account" or "No Deposit Bonus," provides an initial free USD 50.00 deposit automatically credited to the user's account. The welcome account has trading conditions similar to a real account, allowing users to experience actual market trading without risking their own funds.
The bonus account remains valid for 30 days from the day of creation. After this period, trading is disabled, but the account remains accessible for an additional three days to claim earned profits. To be eligible for profit withdrawal, traders must complete a minimum of 10 lots within 30 days from the day of the trading fund credit . The maximum profit withdrawal allowed is USD 100.00 from the Welcome account .
Benefits of OXShare $50 Forex Free Trading Bonus
OXShare's $50 Free Forex Trading Bonus offers several advantages to traders. It allows individuals to explore the platform and its trading conditions without any financial risk. Traders can experience real trading situations and evaluate OXShare's services without committing their own funds. This risk-free environment enables users to practice trading skills and gain hands-on experience in financial markets. The bonus provides an opportunity to potentially earn profits without risking personal capital. Traders can explore various financial instruments, including currencies, commodities, and indices, using the bonus amount. This risk-free trading environment benefits both novice traders seeking experience and seasoned traders looking to diversify their portfolios. However, it's crucial to note that trading in financial markets carries significant risks, and investors should be aware of potential losses.
Trading Conditions and Withdrawal Requirements
OXShare's $50 Free Forex Trading Bonus comes with specific conditions and requirements. Traders must complete a minimum of 10 lots within 30 days from the day of the trading fund credit to be eligible for profit withdrawal. The maximum profit withdrawal allowed is USD 100.00 from the Welcome account. To withdraw profits, traders need to apply for KYC verification. This process involves uploading proof of identity and proof of address documents.
During profit withdrawal, traders are required to deposit a minimum of USD 150.00 into their OXShare account. After meeting these conditions, traders can proceed with the withdrawal request. It's important to note that the bonus itself cannot be withdrawn, only the profits earned from trading.
OXShare emphasizes that trading in financial markets carries significant risks. Investors should be aware of potential losses and not invest money they can't afford to lose. The company advises obtaining independent financial, legal, and tax advice before engaging in currency or spot metals trading.
Conclusion
OXShare's $50 Free Forex Trading Bonus has a significant impact on both new and seasoned traders. This offer gives people a chance to explore real market trading without putting their own money at risk. It's a great way to get hands-on experience, test out trading strategies, and get a feel for OXShare's platform.
To make the most of this bonus, traders need to keep in mind the conditions and requirements. Meeting the trading volume and time constraints is key to withdraw profits. While the bonus provides a risk-free starting point, it's crucial to remember that forex trading comes with its own set of risks. Traders should approach this opportunity with caution and use it to learn and grow their trading skills.
FAQs
What is the $50 No-Deposit Bonus offered by forex brokers like OXShare?
How can I obtain the OXShare No-Deposit Bonus?
What are the requirements for withdrawing profits from the OXShare bonus?