No sign-up bonus is offered by Samtrade FX. New traders who register a real account cannot qualify or receive a deposit bonus, a sign-up bonus, or a welcome bonus. Despite this, the broker does offer other promotions and rewards that traders may qualify for if they have registered a real account with Samtrade FX.
Samtrade FX at a glance
| Broker's Name | Samtrade FX |
| 📍 Headquartered | Kingston, St Vincent, and the Grenadines |
| 📅 Year Founded | 2015 |
| ⚖️ Regulating Authorities | FCA and FINTRAC |
| 🌐 Countries not accepted for trade | United States |
| ☪️ Islamic account (swap-free) | Yes |
| 👍 Demo Account | Yes |
| 📊 Institutional Accounts | Yes |
| 📊 Managed Accounts | Yes |
| 📈 Maximum Leverage | 1: 200 |
| 💰 Minimum Deposit | $100 |
| 💳 Deposit Options | Visa, MasterCard, Tether (USDT) and Bank Wire Transfer |
| 💳 Withdrawal Options | Visa, MasterCard, Tether (USDT) and Bank Wire Transfer |
| 💻 Platform Types | MetaTrader4 |
| 📱 OS Compatibility | Desktop, Web, Windows, Linux, Mac, Android, and iOS |
| 📈 Tradable assets offered | Forex, Indices, Precious metals, Oil, CDFs, Cryptocurrencies and Commodities |
| 👨💼 Languages supported on Website | English, Dutch, Russian, Polish, German, Spanish, Netherlands, Portuguese, and French |
| 👥 Customer Support Languages | English, Mandarin and Chinese |
| 📆 Customer Service Hours | 24/5 |
Min Deposit
USD 10
Regulators
FCA, FINTRAC, FSA
Trading Platform
MT4
Crypto
Yes
Total Pairs
50+
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
Samtrade FX Sign Up Bonus – 6 key points quick overview:
- Samtrade FX Sign-up Bonus
- Samtrade FX Referral Bonus
- Samtrade FX Additional bonuses, promotions, and rewards
- Samtrade FX Pros and Cons
- Conclusion
- FAQ’s
Samtrade FX Sign-up Bonus
Sign-up bonuses are usually offered by brokers to new traders to draw in more customers and encourage trading activities. A welcome bonus also assures traders that they will receive some money back subject to the initial deposit made.
Though there is no deposit bonus, the broker still offers rewards and competition for those traders who have already registered a real account with SamTrade FX.
Samtrade FX Referral Bonus
Samtrade FX does offer referral bonuses in the form of points to new or existing traders who register accounts or make use of the products and services offered by Samtrade FX. Referral bonuses are offered by brokers to traders to draw in new clients and expand their customer base.
Often these types of bonuses have strict criteria that will have to be fulfilled before the trader can benefit from referring a friend or family member.
Some of the criteria include, but is not limited to:
- The referral must register a real account with the broker using a unique referral link so that the registration can be traced back to the trader.
- The referral bonus is only applicable should referrals register a real account as these bonuses are not available when using a demo account.
- A certain minimum deposit amount must be made by the referral.
- The referral may be required to execute a certain number of trades on the new account before the trader becomes eligible to receive the referral bonus.
Samtrade FX Additional bonuses, promotions, and rewards
Despite no provision for sign-up bonus, Samtrade FX does offer some rewards and promotions to its loyal customers. These promotions run monthly and have certain rules and conditions that traders need to adhere to. Traders need to log in to their Samtrade FX account to learn more about these promotions and to view the prices available.
These promotions allow traders to earn SamCoins that can be redeemed for cash rebates or prizes at SamRewards. Clients need to register themselves on SamRewards to qualify for the prizes. These promotions are only available to traders who register for or already have a Samtrade FX account.
Samtrade FX Pros and Cons
| ✔️ Pros | ❌ Cons |
| Loyal customers are rewarded | No deposit bonus not offered |
| Various promotions on offer | No sign-up, welcome, or deposit bonus |
| Referral bonus is offered | |
Min Deposit
USD 10
Regulators
FCA, FINTRAC, FSA
Trading Platform
MT4
Crypto
Yes
Total Pairs
50+
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
Conclusion
Overall, Samtrade FX does not offer welcome bonuses or deposit bonuses, but loyal customers already registered and trading with the broker is compensated through the provision of various promotions.
Any bonus is the best way through which brokers can attract new customers. The bonuses that Samtrade FX does offer to its loyal customer are quite attractive, especially for traders who trade higher volumes than most.
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FAQ’s
Does Samtrade FX offer a sign-up bonus?
No. Samtrade FX does not offer a sign-up bonus.
Do all Forex brokers offer bonuses?
No, some Forex brokers choose not to feature bonuses as part of their offering or else are restricted from offering bonuses by their regulators.
The most recent regulatory agencies to restrict the offering of bonuses include the Financial Conduct Authority (FCA), Cypress Securities and Exchange Commission (CySEC) and the Australian Securities and Investments Commission (CySEC).
Why do some agencies regulate against the offering of bonuses?
Regulatory agencies such as CySEC and the FCA restrict the offering of bonuses to protect investors from the risks of over-trading.
How can a bonus benefit my trading?
Depending on the bonus and the conditions attached, it may boost funds available in your account for trading.
Does Samtrade FX offer a referral bonus?
yes, Samtrade FX offers a referral bonus in the form of points.
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