Spank the bucketshop with a free £100 account

Evening all

This thread is dedicated to people who want to spank a bucketshop live with a real money account. No vendors welcome, unless they trade along with a live money account and attempt to spank the bucketshop as well (dont think we will get many takers there :clap

how does it work?

Tradefair are offering the following:

TradeFair - Serious Trading Made Simple

If you deposit £100 and make 5 trades they will add £100 to your account. You then withdraw the initial £100 leaving you with a free £100 of real money to tarde with (assuming you dont blow out on the 5 trades).

in addition tradefair are also running a refer a friend promo see:

Refer-A-Friend - Spread Betting Offers | Tradefair

you can refer up to 5 people and get more free lulz money.

There are also plenty of other bucketshops with offers which allow you to trade with real money for free so if anyone has any further offers post them up.

Why bother?

Primarily its for the lulz but there are some excellent tarders on T2W (and some 5hite ones like chocD) some I know have run up big accounts from chump change, hopefully some will step forward and show us what is what. At the end of the day £100 is chump change but if you have the skills to run up the account to £1000's, £10,000's, £100,000s / achieve dealer referral its real cash and you can build a sizeable account if you know what you are doing.

So please join in with your own bucketshop spanking banter and show us you can tarde.

warning - statements will need to be posted to prove the lulz is genuine

I get things started. Completed my 5 trades (ended up being 7) to release the £100 trading bonus. was just playing a little range on the euro looking for 5 scratches, then some slapoopy downgraded spain, scared the poop out of me. managed to get with the flow and get back to £100.10p. not what i needed a scare at the beginning.

£100 bonus request sent in.

awaiting bucketshop in the morning.

ChocolateDigestive said:

I get things started. Completed my 5 trades (ended up being 7) to release the £100 trading bonus. was just playing a little range on the euro looking for 5 scratches, then some slapoopy downgraded spain, scared the poop out of me. managed to get with the flow and get back to £100.10p. not what i needed a scare at the beginning.

£100 bonus request sent in.

awaiting bucketshop in the morning.

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An illustration of how easy it can be to blow an account in the early stages when you have so little margin, but well done on getting back to the magic ton.

I think the problem here is that SB will probably shut everyone down if they believe this contravenes the T&Cs, or perhaps the Geneva Convention.

I applied but Thailand isn't on the list of countries, so I put Bangkok, UK as the address...

I presume they'll get in touch to verify.

Then I can spank your asses...

£100 bonus credited to Lulz account. requesting £100 withdrawal

LMAO - You could make $1,000,000 and hell would freeze over before they let you take out more than $999,900

DionysusToast said:

LMAO - You could make $1,000,000 and hell would freeze over before they let you take out more than $999,900

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T&C's say cannot be withdrawn in 1st 3 months. They don't mention that it can be withdrawn after 3 months. If anyone manages to run up a sizeable balance it may be wise to make withdrawals as they go lol

Account created and funded. Dont think i will get the 5 trades today though.

What's minimum bet size for S&P cash/ES?

robster970 said:

What's minimum bet size for S&P cash/ES?

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I believe you will find all the info you need here:

http://www.londoncapitalgroup.com/s...rket_information/Tradefair/specifications.pdf

looks like 0.1 of a point with 0.4 points spread.

£100 refunded, lulz account stands at £100.10 of free lulz cash ready for a spanking. :clap:

ChocolateDigestive said:

£100 refunded, lulz account stands at £100.10 of free lulz cash ready for a spanking. :clap:

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Do you have any system in mind? By that i mean are you going to leverage to the max or try to have some reasonable mm in place. Are you going to trade as normal or try something new?

ChocolateDigestive said:

I believe you will find all the info you need here:

http://www.londoncapitalgroup.com/s...rket_information/Tradefair/specifications.pdf

looks like 0.1 of a point with 0.4 points spread.

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I'm in for teh lulz - £100 feels funny, I've got the same feeling as piggybridges

Mata Nui said:

Do you have any system in mind? By that i mean are you going to leverage to the max or try to have some reasonable mm in place. Are you going to trade as normal or try something new?

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yeah I am going to go in right away and slapoopy for £3p per point on the FTSE, they should be bankrupt by the weekend.

in all seriousness, I will be sticking to £1 per point on FTSE, DAX & euro and trying to play with a straight bat, cutting losses tight. with such a small account it's easy to blow up.

ChocolateDigestive said:

yeah I am going to go in right away and slapoopy for £3p per point on the FTSE, they should be bankrupt by the weekend.

in all seriousness, I will be sticking to £1 per point on FTSE, DAX & euro and trying to play with a straight bat, cutting losses tight. with such a small account it's easy to blow up.

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Too true. I've had mixed results over the years. Not so bad with a free £300, or £200, but these cheapskate hundred quid offers are very difficult to get going. You're definitely in trouble if/when you get down to about £60.

10 quid a point on the es and spread a shave over a tick. Not that bad tbh, but 100 quid leaves you little breathing room, so I'm a bit inclined to go all in. As for the FAX a bit too volatile at these levels imo

DionysusToast said:

10 quid a point on the es and spread a shave over a tick. Not that bad tbh, but 100 quid leaves you little breathing room, so I'm a bit inclined to go all in. As for the FAX a bit too volatile at these levels imo

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SBs make these offers, knowing that building up an account by consistently making a few percent profit takes too much effort, and most people will just take a punt and lose the lot.

DionysusToast said:

10 quid a point on the es and spread a shave over a tick. Not that bad tbh, but 100 quid leaves you little breathing room, so I'm a bit inclined to go all in. As for the FAX a bit too volatile at these levels imo

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I can feel some reckless betting coming on myself....

Right, that's me off the mark lads and done for today.

Slapbooby that!

robster970 said:

Right, that's me off the mark lads and done for today.

Slapbooby that!

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Kinell great start robster.