FBS $140 Bonus Review — Is It Real? Terms Decoded & Math Breakdown

FBS advertises a $140 no deposit bonus — nearly five times what XM offers. On the surface, this sounds like the best deal in forex. But the terms tell a very different story. We analyzed every condition, ran the numbers, and the conclusion is sobering: the FBS $140 bonus is real, but successfully profiting from it is borderline impossible for most traders.

This is not a hit piece on FBS. They are a legitimate, established broker with millions of clients. But their bonus structure is designed in a way that mathematically favors the house — and we believe you deserve to see the math before you commit your time.

FBS $140 Bonus Overview

Is the FBS $140 Bonus Real?

Yes, the bonus exists and FBS does credit $140 to new accounts. The bonus is called the "Trade 100 Bonus" and has been offered in various forms since 2015. The account is funded with $100 in trading capital (not $140 — the remaining $40 is the maximum profit you can extract, bringing the total to $140 if everything goes perfectly).

The key issue is not whether the bonus is real — it is whether you can realistically meet the requirements and withdraw profits. Let us examine the terms.

Terms and Conditions Breakdown

Here are the critical conditions, extracted from FBS's official bonus terms:

1. 40 standard lots in 40 days: You must complete a trading volume of 40 standard lots (4,000,000 units of base currency) within 40 calendar days. Not trading days — calendar days. This includes weekends when markets are closed.
2. Maximum position size: 0.01 lots. The Trade 100 Bonus account restricts your maximum order size to 0.01 standard lots. This means each trade moves $0.10 per pip. At 0.01 lots per trade, completing 40 lots requires 4,000 individual trades.
3. Maximum 5 open positions: You can only have 5 trades open simultaneously.
4. Profit cap: $140. Even if you make more than $140 in profit, you can only withdraw $140. The bonus account balance is capped.
5. Forex pairs only: You cannot trade gold, silver, indices, or crypto. Only currency pairs are eligible.
6. No hedging: Simultaneous buy and sell positions on the same pair do not count.
7. Minimum trade duration: Each trade must be held for at least 5 minutes to count toward the volume requirement.

The Math — Can You Actually Profit?

Let us do the arithmetic that FBS hopes you will not do:

Required: 40 standard lots. Maximum order: 0.01 lots.

40 lots / 0.01 lots per trade = 4,000 round-turn trades

Time available: 40 calendar days = approximately 28 trading days (excluding weekends).

4,000 trades / 28 trading days = 143 trades per day

With a minimum 5-minute hold per trade and maximum 5 simultaneous positions:

If you hold 5 trades for 5 minutes each, that is 5 trades every 5 minutes = 60 trades per hour. To reach 143 trades in a day, you need to trade for about 2.4 hours non-stop, opening and closing trades every 5 minutes, 5 at a time.

This is theoretically possible — but only if you treat it as a full-time job and accept that most of these forced trades will be random noise rather than strategic positions.

Spread cost analysis:

FBS's average spread on EUR/USD is approximately 1.1 pips. At 0.01 lots, the spread cost per trade is $0.11. Over 4,000 trades:

4,000 trades × $0.11 = $440 in spread costs

Your total capital is $100 (the tradeable portion of the bonus). The total spread cost to complete the requirement ($440) is 4.4 times your entire capital. This means you must generate $440 in gross profit just to break even on spreads, starting with only $100.

The math is brutal. Even a professional trader would struggle to turn $100 into $540+ profit while being restricted to 0.01 lot sizes and forced to make 143 trades per day.

40 Standard Lots in 40 Days — Realistic Scenario

Let us model what actually happens when a trader attempts this:

By week 3-4, most traders will have burned through the $100 in spread costs alone, regardless of their trading skill. The account balance approaches zero before the 40-lot requirement is met. This is why FBS can afford to offer $140 — the overwhelming majority of traders never successfully withdraw.

Risk Assessment

What you risk: Technically nothing — it is a no deposit bonus. You risk zero financial capital. However, you risk significant time. Completing 4,000 trades over 28 trading days requires serious commitment.

Probability of success: We estimate that fewer than 2% of traders who claim the FBS $140 bonus successfully meet the requirements and withdraw profits. FBS does not publish this statistic, but the math and forum reports support this estimate.

Our assessment: The FBS $140 bonus is not a scam — FBS does pay out to the small percentage who complete the requirements. But the structure is designed so that spread revenue from the thousands of required trades far exceeds the occasional $140 payout. It is a profitable marketing tool for FBS, not a realistic profit opportunity for traders.

FBS $140 vs XM $30 — Honest Comparison

XM's $30 bonus requires 400x less trading volume, has no time limit, no profit cap, and is offered by a better-regulated broker. The FBS $140 bonus looks better on paper but is worse in practice.

How to Claim (If You Still Want To)

If you want to try the FBS bonus despite the odds — perhaps as a trading practice exercise where you treat the $100 as play money — here is the process:

1. Visit the FBS website and register a new account
2. Select the "Trade 100 Bonus" account type during registration
3. Complete identity verification (KYC)
4. The $100 bonus will be credited to your Trade 100 account
5. Download MT4 or MT5 and log in with your bonus account credentials
6. You have 40 days to trade 40 standard lots at 0.01 lot maximum

Tips if you attempt it:

• Focus on EUR/USD only — it has the tightest spread, minimizing your per-trade cost
• Trade during London-New York overlap (13:00-17:00 UTC) for best liquidity
• Set a strict daily target of 150 trades — do not fall behind
• Use a timer to ensure each trade stays open for at least 5 minutes
• Accept that most trades will be random — you are optimizing for volume completion, not profit

Our Verdict

The FBS $140 bonus is a marketing tool, not a realistic trading opportunity. The 40-lot requirement at 0.01 lot maximum creates a mathematical structure where spread costs alone consume the entire bonus before requirements are met. Fewer than 2% of traders will ever withdraw from this bonus.

If you want a no deposit bonus that actually works, claim the XM $30 bonus instead. It requires 400x less volume and has no time limit. For serious trading with the lowest costs, Exness offers better spreads than both FBS and XM.

Frequently Asked Questions

Is the FBS $140 bonus real?

Yes, the FBS $140 bonus is a real promotion. However, the 40 standard lot wagering requirement and 40-day time limit make it extremely difficult to withdraw profits. Most traders will lose the bonus before meeting requirements.

How many trades do I need to complete the FBS 40-lot requirement?

With $140, the maximum position size is 0.01 standard lots. At 0.01 lots per trade, you need 4,000 trades in 40 days — that is approximately 143 trades per trading day. Each trade must be held for a minimum of 5 minutes and cannot be hedged.

Can I withdraw the FBS $140 bonus itself?

No. The $140 bonus credit cannot be withdrawn. Only profits earned from trading with the bonus can be withdrawn, and only after completing the 40 standard lot volume requirement within 40 days.

Is the FBS $140 bonus better than XM's $30 bonus?

Despite the higher amount, XM's $30 bonus is more practical. XM requires only 10 micro lots (0.10 standard lots) with no time limit, while FBS requires 40 standard lots in 40 days. The probability of successfully withdrawing profits is much higher with XM.