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Free $25 on Plus500 - Short Term Trading Website, No Deposit Necessary

111
Free $25 on Plus500 - Short Term Trading Website, No Deposit Necessary
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wazza23 on 21/06/2010 - 19:57 plus500.com (325 clicks)

Freebie is pretty straight forward, $25 for free when you sign up. Once you get 60 trader points (you get them by trading) you can cash out straight to your bank account or moneybookers etc. I got mine up to $75 then lost it all. Deposited $50, got that to $300 then cashed out through moneybookers.

Have a bit of fun with it, it is after all $25 for free.

Instructions:

  1. Download the Plus500 trading software
  2. Click on ‘Real Money’
  3. A New Account window will open. Enter your new account details and click 'Submit'
  4. In the drop down menu at the top of the page, click on ‘Account’ -> ‘Validate Phone'
  5. Enter your personal details and click 'ok'
  6. Enter your mobile number WITHOUT the country code and click on 'Send me a SMS'
  7. You will receive a 3 digit code via an SMS message. Enter this code in the '3 digit code' field
  8. $25 will be added to your account and you can start trading

Don't worry about the SMS bit, it's so they can try stop multiple accounts, they don't spam you, only ever received one text from them saying my withdrawal has gone through.

And if you want to help out a fellow ozbargainer, my affiliate link is: http://www.plus500.com/?id=1183&pl=1
(checked with mods, ok to post if I declare it).

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closed Comments

  • mrblu on 21/06/2010 - 20:50

    Sounds great, but it's got a poor rating on wot.com

    Can you please provide evidence of your payment?

    oops, I skipped to the end and didn't see your referral link, sorry xD

    • POWERevolution on 21/06/2010 - 21:23

      it’s got a poor rating on wot.com

      +1

  • Future Kids on 21/06/2010 - 20:57
    -1

    "The site is not available from Australia. "

    • mrblu on 21/06/2010 - 20:58

      I just signed up just then and I received an SMS notification from my phone. :S

    • rifter on 21/06/2010 - 21:03

      Same here thru Internode. "The site is not available from Australia"

  • JDogman on 21/06/2010 - 21:11

    so wait.. i can just lose the $25.00 and call it even?

  • wazza23 on 21/06/2010 - 21:12
    +3

    Phatinc: http://img17.imageshack.us/img17/1479/plus500.png That is moneybookers screenshot of the money I took out. Only took a day or two from memory, I didnt' have any problems with them.

    Future kids and Rifter: no idea what is going on. I'm with iinet in Perth and it works.

    JDogman: yep, its free money so you either make some money or lose it and are down nothing.

    • rifter on 21/06/2010 - 21:20

      http://www.plus500.com leads to "The site is not available from Australia". However, I can see the google cache version of the page. And, have found some links that are accessible. Most useful is https://trade.plus500.com/ which is accessible from Australia.

      Hope this helps.

      • rifter on 21/06/2010 - 21:37

        Have now gone thru the whole process including the SMS bit. Where's the $25? All my account balances are zero.

        • wazza23 on 21/06/2010 - 22:40

          Sorry to hear that mate, everyone I know who had tried it hasn't had a problem. Might be related to the other links you tried? Wouldn't have a clue. Pity about the negative…

          • nulled on 22/06/2010 - 23:40

            @wazza23: Just created an account, really how do you get the $25 ?
            Do you need to deposit some money? thought you didn't have to.

  • JDogman on 21/06/2010 - 21:21

    I have to say it looks good! Always wanted to go into CFDs. Everything I've seen so far still needs me to put in $2.00! Will go long on the SPI tomorrow and just hold for a month or two and make 400 points lol.

  • Milkywayss on 21/06/2010 - 23:04

    Seems like every google result for this site says its a scam. Could be legit, but I don't feel like risking it. Anyone else post back if they have success actually withdrawing from here :P

    • mrblu on 21/06/2010 - 23:12
      +2

      What are you risking? I mean what could you possibly lose? You're not signing up your mobile/email to spam, you can check the T&C.

      And if you check wazza23 has already posted proof of payment.

    • wazza23 on 21/06/2010 - 23:28

      If you read those forums where people think it's a scam, it is later clarified that it is not a scam and is genuine. As I said, I am not a hardcore or professional trader by any stretch of the imagination, just saw the free $25, gave it a go, cashed out and was happy.

      You're not risking very much to be honest….but each to their own I guess

      • Milkywayss on 22/06/2010 - 18:31

        mm gave it a go, the $25 is useless…can't do anything with it.

  • talismansa on 21/06/2010 - 23:35

    I'm with mcruzier on this one. Reviews on google does point to this being fishy

    How do they pay you the money? Bank transfer? Wouldn't they have my bank details?

    • wazza23 on 21/06/2010 - 23:43

      you choose how you want it paid out…I chose moneybookers and got it transferred there. I think there's a bank transfer option and send out a cheque option too I recall?

      Don't knock it till you give it a go mate

  • benneh on 22/06/2010 - 10:36

    any tips on what / how to trade?

    edit: also, any ideas on what can be traded for less than $25. everything conveniently requires more than $25.

    cheers

    • JDogman on 22/06/2010 - 11:39

      i found amazon.com can be traded! As well as lloyds and citibank!!

      Once you make $3 or so just trade indicies!!

  • A Banana4scale on 22/06/2010 - 14:58

    cant seem to buy anything with the $25 , the closest I got was $300 for indices

  • wazza23 on 22/06/2010 - 19:16

    yeah it was a bit hard at first with that $25, I think from memory I traded the min amount of oil and a few currencies were within budget. I got lucky with them and then had more to play with.

  • alexportnoy on 23/06/2010 - 23:48

    MINIMUM DEPOSIT = $100 AUD
    MINIMUM WITHDRAWAL = $237 AUD
    60 DAYS WAITING TIME

    SCAM!

    Don't waste your money!

    This small-business, based 100% in the UK, will go broke and you will not get any of your money back!

    I've seen this happen time and time again.

    It's all cyberspace "funny money" until you want to get it out, as real, cold-hard cash. And then all the excuses start.

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