New Client Bonus for IB

Program Overview

The New Client Bonus rewards Introducing Brokers (IBs) for referring new and active trading clients.

The New Client Bonus is paid in addition to the IB's standard trading commission/rebate.

Qualified Client Requirements

A referred client becomes a Qualified Client after meeting all of the following requirements:

Must be a new client referred through the IB.
Minimum net deposit of USD 50.
Minimum 2.00 closed standard lots of qualifying trading volume.
All requirements must be completed within 30 days from the client's first deposit.
Each client is eligible for the New Client Bonus once only.

Monthly New Client Bonus Rate

Qualified Clients per Calendar Month	Bonus per Qualified Client
1–9	USD 15
10–19	USD 16
20–29	USD 17
30–39	USD 18
40–49	USD 19
50+	USD 20

Maximum rate: USD 20 per Qualified Client.

The applicable rate is retroactive to all Qualified Clients within the same calendar month.

Calculation Examples

34 Qualified Clients

34 × USD 18 = USD 612 New Client Bonus

50 Qualified Clients

50 × USD 20 = USD 1,000 New Client Bonus

Once a higher tier is reached, the higher rate applies to all Qualified Clients for that calendar month.

Maximum Monthly Payout

The maximum total New Client Bonus payable to an IB is USD 20,000 per calendar month.

Once the USD 20,000 monthly limit is reached, additional Qualified Clients will not generate additional New Client Bonus payments for that calendar month.

The monthly limit applies only to the New Client Bonus. The IB's standard trading commissions/rebates remain unaffected.

Summary

Minimum Net Deposit: USD 50
Minimum Closed Volume: 2.00 standard lots
Bonus: USD 15–20 per Qualified Client
Calculation: Retroactive monthly tier
Maximum Rate: USD 20 per Qualified Client
Maximum Monthly Bonus: USD 20,000
Frequency: Once per unique client
Standard IB Commission/Rebate: Paid separately

Available for IB, VIPIB and VIPIB Plus

Please contact your Firewood account manager to participate in this program.

Terms and Conditions

1. Eligibility

The New Client Bonus ("Bonus") is available to eligible Introducing Brokers ("IBs") approved by the Company.

The New Client Bonus is an additional incentive and does not replace the IB's standard commission or rebate arrangement unless otherwise agreed in writing.

2. Qualified Client

For the purpose of this program, a "Qualified Client" means a referred client who:

a. is a new client of the Company;

b. was correctly attributed to the participating IB;

c. has made a minimum net deposit of USD 50;

d. has completed at least 2.00 standard lots of qualifying closed trading volume;

e. completes the deposit and trading requirements within 30 days from the date of the client's first deposit; and

f. complies with the Company's applicable client and trading terms.

Each client may qualify for the New Client Bonus once only, regardless of subsequent deposits or trading volume.

3. Net Deposit

For qualification purposes, net deposit means total eligible deposits less withdrawals, refunds, chargebacks, reversed transactions, or other amounts returned to the client before qualification is confirmed.

Internal transfers, promotional credits, bonuses, or other non-cash credits are not considered deposits unless expressly approved by the Company.

4. Monthly New Client Bonus Rate

The bonus rate is determined by the total number of Qualified Clients generated by the IB during each calendar month:

1–9 Qualified Clients: USD 15 per client
10–19 Qualified Clients: USD 16 per client
20–29 Qualified Clients: USD 17 per client
30–39 Qualified Clients: USD 18 per client
40–49 Qualified Clients: USD 19 per client
50 or more Qualified Clients: USD 20 per client

USD 20 per Qualified Client is the maximum bonus rate under this program.

5. Retroactive Calculation

The bonus rate is calculated retroactively based on the final number of Qualified Clients for the applicable calendar month.

Once an IB reaches a higher tier, the higher bonus rate applies to all Qualified Clients generated during that calendar month, not only clients generated after reaching the tier.

Example:

An IB generating 43 Qualified Clients receives:

43 × USD 19 = USD 817.

6. Qualification Month

A client will count toward the calendar month in which the client completes all requirements necessary to become a Qualified Client.

For example, if a client deposits in September but completes the required 2.00 lots in October, the client will count toward October's Qualified Client total, provided the qualification requirements are completed within the applicable 30-day period.

7. Qualifying Trading Volume

Only genuine, executed and closed trading activity determined by the Company to represent legitimate trading activity will count toward the 2.00-lot requirement.

The Company may exclude volume generated through:

self-referral or controlled accounts;
duplicate or related accounts created primarily to obtain the Bonus payments;
coordinated trading intended primarily to generate commissions or Bonus eligibility;
artificial, circular, or non-economic trading;
abusive hedging between related accounts;
exploitation of pricing, execution, promotional, or technical errors;
fraudulent activity; or
any other activity reasonably determined to have been conducted primarily to obtain the Bonus rather than for genuine trading purposes.

8. Client Attribution

A Qualified Client must be correctly attributed to the IB through the Company's tracking system.

Clients already registered with the Company before being referred by the IB are not eligible unless expressly approved by the Company.

The Company may reject duplicate, fraudulent, manipulated, or incorrectly attributed referrals.

9. One-Time Bonus

The New Client Bonus may only be earned once for each unique client.

Opening additional trading accounts, making additional deposits, or registering additional profiles does not create additional Bonus eligibility for the same client.

10. Verification and Payment

New Client Bonuses are subject to verification by the Company.

The Company may delay payment while reviewing client deposits, trading activity, referral attribution, chargebacks, fraud, or suspected abuse.

Any Bonus amount resulting from a chargeback, reversed deposit, fraudulent transaction, manipulated trading activity, or other ineligible activity may be cancelled, withheld, deducted from future IB commissions, or recovered from the IB's balance.

11. Abuse

IBs must not encourage clients to deposit or trade solely for the purpose of satisfying the Bonus qualification requirements.

The IB must not fund a client's account, reimburse the client's deposit or trading losses, operate the client's account, or otherwise artificially manufacture Qualified Clients.

Where the Company reasonably determines that an IB or referred client has attempted to manipulate the program, the Company may disqualify the affected clients and withhold the related Bonus.

Serious or repeated abuse may result in suspension or termination of the IB relationship.

12. Program Changes

The Company may modify, suspend, or discontinue the New Client Bonus program, including its qualification requirements, rates, tiers, or maximum payment, subject to reasonable notice where practicable.

Changes will not affect New Client Bonuses already earned and confirmed before the effective date of the change, except in cases involving fraud, chargebacks, errors, or abuse.

13. Final Determination

The Company's records regarding client attribution, deposits, withdrawals, trading volume, qualification dates, and Bonus calculations will be used to determine eligibility and payment, subject to correction of manifest errors.

14. Maximum Monthly Payout

The total New Client Bonus payable to each IB under this program is capped at USD 20,000 per calendar month.

The monthly cap applies only to the New Client Bonus under this program and does not include or limit the IB's standard trading commissions or rebates.

Once the USD 20,000 monthly New Client Bonus cap has been reached, additional Qualified Clients generated during the same calendar month will not generate additional New Client Bonus payments.

For avoidance of doubt, at the maximum Bonus rate of USD 20 per Qualified Client, the monthly cap is reached at 1,000 Qualified Clients.

Updated at Sep 3rd, 2026