TheFXBuddy offers new users a promotional $100 bonus once they register and complete the required account verification. The offer is described as a no-deposit bonus, but it is not entirely free to claim. Before the bonus is credited, you must make a minimum $10 verification deposit.
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This guide explains how the offer works, how to claim it, and which withdrawal conditions to check before you trade. If you read the terms carefully first, you can avoid most of the surprises that catch new traders out.
How the TheFXBuddy $100 Bonus Works
The TheFXBuddy $100 Forex Free Trading Bonus is a promotional credit meant to let eligible users test trading strategies with funds that are not their own savings. The credit is added to your trading account after the broker confirms your registration and verification.
The broker’s offer page is labeled “$100 No Deposit Bonus,” which is why the naming can be confusing. The key point is this: the label says no deposit, but the verification step requires a payment of at least $10. Read that requirement as part of the offer, not as a footnote.
Treat the bonus as a conditional promotion rather than a guaranteed gift. The credit, the verification deposit, and the withdrawal rules all work together, and each one affects what you can actually do with the money.
What the Bonus Is Meant For
The bonus suits traders who want to practise with a live account and a small amount of promotional capital. It can help you get familiar with a platform, order types, and spreads before you commit your own money.
It does not remove the risks of trading. Any losses in the account still count, and the bonus does not protect you from market moves. A credit that looks risk-free on the offer page can still shrink quickly once you open positions.
Step-by-Step: How to Claim the TheFXBuddy Bonus
The claim process has four stages. Following them in order reduces the chance of delays.
- Open a trading account through the official registration link provided by the broker.
- Complete the required account verification, such as submitting identity documents.
- Deposit at least $10 for verification.
- Wait for confirmation. The $100 bonus should then be added to your trading account automatically.
Keep copies of your registration details and verification confirmations. If the bonus does not appear, these records make it easier to contact support with specific information, such as dates, reference numbers, and the payment method you used.
Why Is a $10 Deposit Required?
The $10 payment helps TheFXBuddy confirm that each account belongs to a genuine trader. It also limits fraudulent registrations and promotional abuse, where one person opens many accounts to collect bonuses.
Brokers commonly use small verification payments for this purpose, although the exact policy is set by the broker. Do not assume that another offer works the same way. Check this offer’s rules directly.
The deposit remains your money. It is subject to the broker’s standard withdrawal rules, so it is not simply lost once you pay it. Check how the broker processes withdrawals before you send any funds.
Withdrawal Requirements for TheFXBuddy Bonus Profits
The bonus does not mean you can withdraw money immediately. Under the current terms, you can request a withdrawal of profits earned with the TheFXBuddy $100 bonus after meeting one of the following conditions:
- Generate at least $500 in trading profit.
- Complete five standard lots in trading volume.
The promotional credit itself may not be available for withdrawal, even after you meet these conditions. Only the profits you earn may be eligible, depending on the terms in force when you request a payout.
Because these conditions decide whether you can cash out at all, read them before your first trade, not after your first win. If you want a broader view of how similar offers handle payouts, our guide to 8 Forex No Deposit Bonuses You Can Withdraw Profit From compares several structures side by side.
Summary of Key TheFXBuddy Conditions
| Item | What to Know |
|---|---|
| Bonus amount | $100 promotional credit after registration and verification |
| Verification deposit | Minimum $10, required before the bonus is credited |
| Profit withdrawal threshold | At least $500 in trading profit, or five standard lots in volume |
| Bonus credit withdrawal | The promotional credit itself may not be withdrawable |
| Full verification | May be required before a payout is processed |
Because the terms can change, use this table as a checklist rather than a final reference. Always confirm the current figures on the broker’s terms page before you deposit.
Tips Before You Claim the TheFXBuddy Bonus
A bonus is only useful if you understand its conditions. These habits will help you avoid surprises.
Read the Full Terms First
Before registering, review the broker’s bonus rules, withdrawal requirements, and account verification policy. Pay attention to minimum profit targets, volume requirements, and any deadlines.
If a term is unclear, ask support to explain it in writing before you deposit. A written answer gives you a record you can refer back to if the terms are questioned later.
Plan Your Trading Volume
Volume conditions can push traders into trading more than they planned. Reaching five standard lots may require many trades, which increases exposure to costs and losses. Set a trading plan with a fixed risk per trade before you start.
For background on controlling exposure, see our guide on Forex Risk Management: Position Sizing, Stops, and Leverage.
Compare Similar Offers
Not every no-deposit offer works the same way. Some require different verification steps, some have different withdrawal thresholds, and some limit which profits you can take out. Comparing offers side by side helps you decide whether the TheFXBuddy terms fit your goals.
Our best no-deposit forex bonus list is a useful starting point for that comparison.
Keep Your Documents Ready
Because full verification may be required before payouts, have your identity and address documents ready. Clear, current documents reduce delays when you request a withdrawal.
Common Mistakes to Avoid
- Assuming the offer is free because it is labeled no deposit.
- Expecting the $100 credit to be withdrawn as cash.
- Trading larger sizes just to meet a volume target.
- Skipping the terms and discovering the conditions after a loss.
Final Thoughts on the TheFXBuddy Offer
The TheFXBuddy $100 bonus can give eligible new users a way to practise with promotional funds. Its real value depends on the $10 verification deposit, the profit and volume conditions, and whether full verification is required for payouts.
Read the current terms carefully, and do not deposit or trade until you understand how withdrawals work. A bonus that you cannot withdraw is only worth what it teaches you.
Trading involves risk, including the possible loss of capital. For general information on investor protection and financial risk, you can visit the U.S. Securities and Exchange Commission website.
FAQ
Is the TheFXBuddy bonus really no deposit?
Not entirely. Traders must make a minimum $10 verification deposit before the $100 bonus is credited.
How much profit do I need before withdrawing?
According to the current terms, you need at least $500 in trading profit or five standard lots in trading volume before you can request a withdrawal of bonus-related profits.
Can I withdraw the $100 bonus itself?
The promotional credit itself may not be available for withdrawal. Check the current bonus terms to confirm which amounts are eligible.
Do I get my $10 verification deposit back?
The deposit remains your money and is subject to the broker’s standard withdrawal rules. Review those rules before depositing.
Will I need full verification before a withdrawal?
The broker may require full account verification before processing a payout, so it is wise to prepare your documents early.
