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| Bonus Type | Starting Capital | Period | Leverage | Application Fee | Profit Target | Max Transfer | US Traders |
|---|---|---|---|---|---|---|---|
| No Deposit Bonus | $50 Credit | 30 Days | 1:200 | $1 | $100 | $100 | Eligible |
FenzoFx offers a $50 No Deposit Bonus that puts real trading capital in the hands of new traders for just a $1 application fee no deposit required. The broker positions it explicitly as a trust-building tool: try the platform with real funds before committing your own money.
Unusually, the bonus is also available to traders based in the United States, a market most offshore brokers actively exclude.
The structure is a prop-challenge style rather than a straightforward credit. You trade the $50 starting capital under strict daily and total drawdown limits, work toward a $100 profit target over 30 days, and once that milestone is hit the profit transfers to a new live trading account.
From that new account, all further profits are freely withdrawable. The maximum transfer from the NDB account is $100 and the initial $50 balance always remains FenzoFx's property.
The NDB operates like a mini prop challenge. Rules are strict and enforced by FenzoFx's AI monitoring system. Any rule violation results in immediate disqualification and forfeiture of all profits, with no right of appeal.
| Application Fee | $1.00 (non-refundable) |
| Starting Capital | $50 credited to NDB account |
| Products | Forex major currency pairs only |
| Prohibited Instruments | Indices, stocks, commodities, crypto, agriculture (disqualifies account) |
| Leverage | Fixed 1:200 (FAQ may vary) |
| Period | 30 days from account activation |
| Daily Loss Limit | $5.00 (exceeding triggers disqualification) |
| Total Loss Limit | $10.00 (exceeding triggers disqualification) |
| Min Trades Per Day | At least 1 trade every 24 hours (market open days) |
| Max Open Trades | One trade at a time (no simultaneous positions) |
| Lot Size | 0.01 lot fixed (min & max) |
| Profit Target | $100 balance before transfer allowed |
| Max Transfer | $100 internal transfer to live account only |
| Bonus Withdrawability | Initial $50 and transferred profits are non-withdrawable |
| KYC Requirement | Not required for trading required for prize withdrawals |
| Minimum Age | 20 years (for prize winners) |
| US Traders | Eligible |
| Multiple Accounts | Strictly prohibited (AI detection active) |
| One-Time Eligibility | Each participant may apply for the NDB once only |
| Expert Note: There is a discrepancy in the published terms between the key features table (leverage 1:200) and the FAQ section (leverage fixed at 1:100, changes result in disqualification). Confirm the current leverage setting with FenzoFx support before activating your NDB account, as using the wrong leverage could trigger disqualification. The lot size rule is also unusually tight 0.01 lot is both the minimum and maximum per trade, meaning position sizing flexibility is completely removed. |
The $50 NDB sits alongside two paid prop accounts. All three use 1:200 leverage and are swap-free. The NDB carries trading restrictions; the prop accounts do not.
| Account | Application Fee | Starting Capital | Period | Trade Restriction |
|---|---|---|---|---|
| $50 No Deposit Bonus | $1.00 | $50 | 30 days | Yes forex majors only |
| $500 Prop Account | $5.00 | $500 | 150 days | No |
| $1,000 Prop Account | $10.00 | $1,000 | 150 days | No |
| Note: The $500 and $1,000 Prop Accounts can also be obtained for free by winning FenzoFx's weekly Forex Analysis Contest. Check fenzofx.com for current contest details and entry requirements. |
The entire process from registration to an active NDB account is handled through the FenzoFx client portal. No KYC document upload is required to begin trading.
| Drawdown Limits Are Absolute: A $5 daily loss or $10 total loss eliminates you immediately. With a fixed 0.01 lot size and the minimum 5-pip close requirement, a single bad trade moving against you can consume a significant portion of the daily limit. Risk management is not optional it is the core challenge of this promotion. |
| The $50 and Transferred Profit Are Never Withdrawable: The initial $50 NDB credit and the $100 profit transferred to the new live account are both considered FenzoFx's property and cannot be withdrawn at any point. Only profits generated from scratch in the new live account above the transferred balance are yours to take out, up to the $100 maximum withdrawal limit. |
| One Trade at a Time, Every Day: Only one open position is permitted simultaneously, and you must execute at least one trade every 24 hours while markets are open. Missing a trading day or opening a second position simultaneously constitutes a rules violation that can trigger disqualification. |
| AI Monitors for Multi-Account Abuse: FenzoFx's AI system actively checks for simultaneous buying and selling across linked accounts, shared documents between family members, and multiple registrations using different names or email addresses. Any of these patterns results in immediate disqualification, forfeiture of profits, and permanent ban from the NDB program. |
