FBS never cease to surprise us!
Now they offer 300% withdrawable Deposit Bonus!
What is this “Ihsan” account?
Ihsan is an Arabic term which means “perfection & excellence”. As a religon, it is a matter of taking one’s inner faith and showing it in both deed and action, a sense of social responsibility borne from religious convictions. – cited from wikipedia
With this Ihsan account, you can simply raise money for children who are in need of living money.
How it works?
The concept is really simple.
If you trade in the “FBS Ihsan account”, your 1 lot trade leads to One month of living for 1 person.
FBS assures that the raised money will be sent to these following charity groups.
- Tunisia Charity (Tunisia) – a charity organization supporting the neediest social groups. Major focus areas: emergency relief, education, water and sanitation, health and nutrition, orphan sponsorship.
- Rumah Kebajikan Nurul Hasanah (Malaysia) – a children’s home and an aid fund for the needy, orphans, single mothers and senior citizens.
- Panti Asuhan Melati (Indonesia) – a children’s home and a charity fund providing help to orphans.
- Children’s Cancer Hospital 57357 (Egypt) – the largest pediatric oncology medical center. The mission of the organization is medical aid to children with oncological diseases, preventive treatment and cancer control research.
- Pondok Pesantren Raudlatul Huda (Indonesia) – an Islamic boarding-school.
- Panti Asuhan Nurul Amal (Indonesia) – a children’s home and a charity fund providing help to orphans.
*All the spread commissions will be sent to these charity organizations.
How to receive 300% Deposit Bonus and donate some funds?
- Open the “Ihsan” Forex trading account with FBS
- Deposit more than 100 USD
- The 300% bonus amount will be credited to your account
Terms and Conditions
- The 300% deposit bonus promotion will be run from 01/06/2016 (at 14:00 in MT4 time) to 11/07/2016 (at 14:00 in MT4 time)
- The promotion is available for both existing and new clients
- The promotion is available only for the residents in following countries:
Saudi Arabia, UAE, Qatar, Bahrain, Egypt, Jordan, Lebanon, Morocco, Algeria, Palestine, Syria, Tunisia, Oman, Yemen, Kuwait, Iraq, Libya, Turkey, Indonesia, Malaysia, Sudan, Pakistan, Bangladesh, Iran
- In order to be eligible for the promotion, you need to deposit more than 100 USD in total throughout the course of the promotion
- The 300% Bonus will be credited to your account on each deposit you make throughout the promotion period
- For deposits less than 100 USD, no deposit will be credited to the amount
- The maximum leverage available in the account is 1:200
- There is no swap charges incur in the Ihsan account
- Registration and deposits for “Ihsan” accounts are open from 01/06/2016 (at 14:00 MT4 time) to 11/07/2016 (at 14:00 MT4 time)
- Trading on “Ihsan” accounts is available from 06/06/2016 (at 14:00 MT4 time) to 11/07/2016 (at 14:00 MT4 time)
- By participating the promotion, you can also donate any charity amount through the FBS “personal area”
- Every Participant with a contribution of over 200 USD to the charity campaign will receive an e-Certificate of a Benefactor within 30 days of the Promotion conclusion
- You are not allowed to transfer funds internally to Ihsan account
- Upon the Promotion conclusion, “Ihsan” accounts will become “Standard” accounts and will be available for further trading.
- The amount forwarded to charity from each lot traded by a Participant on an “Ihsan” account equals to the typical spread for a corresponding trading instrument on a “Standard” account.
- “Ihsan” accounts are not eligible for participation in other promotions and bonus offers by FBS, including the “Deposit insurance” and the “Self-Rebate” services. Trading on “Ihsan” accounts does not contribute to lot volume calculations for profit withdrawal from “Bonus 123” accounts.
- In case absence of trading for the total of 3 days or more is recorded on the Promotion account upon the Promotion conclusion, the company reserves the right to cancel the bonus and deduct all profit from such an account.
- Any intercrossing by CID or IP between different “Ihsan” accounts is considered a breach of the Promotion conditions.
- In case of any suspicions of hedging, FBS reserves the right to cancel the bonus and the acquired profit from a Participant’s account in full.
- FBS reserves the right to change or cancel any of the Promotion terms and conditions fully or partly or put their action to an end anytime in accordance with the company’s unilateral provisions.
Conditions for bonus crediting and bonus funds withdrawal:
The total bonus amount (in parts or in whole) must not exceed 6000 USD.
During the Promotion period, only the deposit (with regard to the losses on the account) can be withdrawn. If the deposit is withdrawn partially or in full from the Promotion account, both bonus funds and profit will be deducted (the funds are written off in full, even in case of a partial withdrawal of the deposit).
In order to be eligible to withdraw bonus funds and profit from their “Ihsan” accounts in full, a Participant should do the following by the end of the Promotion:
gain profit of at least 150% of the bonus amount (150% PNL of the bonus) by trading on the Promotion account, have the trading volume on the Promotion account no less than the bonus amount/10 lots.
In case the requirements are not met upon the Promotion conclusion, the bonus is cancelled and the following formula is used to determine the amount of funds available for withdrawal:
x = deposit + Deposit*Profit
Deposit+Bonus, where x – the amount of funds available for withdrawal,
Deposit – the total deposit to the active “Ihsan” account during the Promotion period in USD,
Bonus – the total bonus amount credited to the active “Ihsan” account in USD,
Profit – the amount of PNL registered on the active “Ihsan” account upon the Promotion conclusion in USD.
A Participant deposited 300 USD to his account and was given the bonus of 900 USD, which brings the total account balance to 1200 USD.
In order to be eligible to withdraw the bonus funds and the acquired profit in full after the Promotion conclusion, the Participant should make profit of 1350 USD, which would make the withdrawable sum 2550 USD.
If the Participant makes less profit, for instance, 900 USD, then the amount available for withdrawable after the Promotion conclusion will be 525 USD.
For the period of the Promotion results calculation (3 business days after its conclusion), trading on “Ihsan” accounts will be disabled.