Open a Free IG CFD Trading Account and Make 5 CFD Trades to Make US $100

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regenade on 20/07/2017 - 16:06 ig.com (296 clicks)
Last edited 20/07/2017 - 16:30 by 1 other user

Open a Free IG CFD Trading Account and Make 6 Trades to Make US $100

Key Points

• No minimum monthly trades or any maintenance fee, this is not a share trading account, you need to open a CFD account
• 5 CFD Trades with first month, no minimum trade quantity by $ value
• Make trades on Index/Forex/Metals with zero or no commission
• If you dont understand CFD trading start with $100 and play around with it
• 5 Trades can be done even with a small outlay of $100, buy sell within the min, pay $2-$3 commission and sell off at same or slightly higher price to offset any commission

Need to sign up with via the referral system below.

Related Stores

IG Group

• 

  Moderatorneil on 20/07/2017 - 16:14

  Have added to referral system. What do referrers get?

  EDIT: Seems like referrer gets $100 as well?

  • 

    regenade on 20/07/2017 - 16:17

    Yes correct neil, that was fast :D

    • 

      Moderatorneil on 20/07/2017 - 16:19

      Link says max 5 per 6 months but you stated 3. Any idea?

      Also 1 referral gets you $100 and 3 gets you $300, 5 $1000?

      • 

        regenade on 20/07/2017 - 16:20

        Full details as per email. This may be targetted

        How you'll get your bonus
        1. They use your link to open a CFD account

        2. They place five qualifying trades within six months, you get your bonus*

        3. Your friend also receives US$100
           Additional info
           These extra bonuses are valid for new CFD accounts opened before 31 October 2017 only. Referrals are limited to a maximum of three per customer.

        "Qualifying trades" means trades of one mini CFD contract or equivalent. This offer is not applicable to new Share Trading accounts.

        All credits will be made directly to your trading account. Likewise, anyone you refer who qualifies for the US$100 will have their funds credited directly to their account.

        • You can view full terms and conditions here.
      • 

        Moderatorneil on 20/07/2017 - 16:22

        @regenade:

        You can view full terms and conditions here.

        Got the link?

      • 

        regenade on 20/07/2017 - 16:26

        @neil: https://www.ig.com/au/july-october-raf-terms
        Looks like it is $200 per referral for referrer. Confusing must say !!

      • 

        Chromeo86 on 20/07/2017 - 16:28

        @neil:

        Hey Neil, not sure but the rates I got were slightly different from OP. It's $100 for the new sign up but for the referer its:
        - $200 for 1
        - $600 for 2
        - $1,200 for the third.

        https://www.ig.com/au/july-october-raf-terms

      • 

        Moderatorneil on 20/07/2017 - 16:30

        @Chromeo86:

        OK, all fixed up.

      • 

        regenade on 20/07/2017 - 16:30

        @Chromeo86: Yes as I replied, clicked through the link and it is indeed $200 for 1, $600 for 2 or $1,200 for 3. But the new signup receives only US $100 after five successful trades.

      • 

        Chromeo86 on 20/07/2017 - 16:32

        @regenade:

        Cool, work internet keeps dropping off. >.<

• 

  KingJuf on 20/07/2017 - 16:39

  Whats the minimum deposit to fund account? $450?

  • 

    regenade on 20/07/2017 - 16:43

    If you want to fund using credit/debit card it is AU $200. But if you just want to transfer it can be as little as you want to cover your 5 CFD trades.

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  Kewjonson on 20/07/2017 - 17:04

  Just to let you know these guys changed customer agreement. Now you may not only loose entire deposit, but liable to be pay any debt that you may occur. This can happen if the stock on the open goes more than the margin ( for example BHP margin is 5%, if you have a deposit of 2500. You can buy $2500*20 = $ 50,0000 worth BHP shared. If on market open BHP goes down by 6% , this happens occasionally. If you do not have more funds in the account, your shares will be liquidated without notice and you will be in debt of $500 ( deposit 2500- $3000 loss). If you don't pay they send lawyers

  • 

    regenade on 20/07/2017 - 17:08

    Why would you buy for so much. You buy cheap indices , set buy and sell levels and make your spread only to $50 to $100. You are not doing CFD trades to make a profit or loss here. But as I said its good to have a basic CFD understanding and minimize your CFD trade spread.

    • 

      Kewjonson on 20/07/2017 - 17:16

      So if you put a stop of $50 or $100 (based on $50,000) that means , if BHP shares goes up or down by 0.002% your position will be sold. If I take the example BHP normally move 1 to 2.5% on a day

      • 

        regenade on 20/07/2017 - 17:31

        +1

        Why BHP and why would you even trade on ASX shares which got a min $7 commission. Trade on min spread, min position just to get referral bonus. You are not getting the point here. We OzBargainers signup, get referral cash and run away. If we have to spend $20 to get the US $100 we will usually do it.

      • 

        ronnknee on 20/07/2017 - 18:28

        @regenade:

        That's the plan!

  • 

    mrtin on 20/07/2017 - 17:47

    +1

    Im sure that was always the case where you can lose more than what you put in.
    Always trade with money you can afford to lose 100%of.

  • 

    coolhand on 20/07/2017 - 18:52

    The nature of CFDs has always been that you have the potential to lose more than your investment, they are a leveraged instrument.
    If traded responsibly, as you would normally trade shares they can be very profitable, if traded irresponsibly or in a way that you can't afford to withstand the natural peaks and troughs of the stock market, you will be unsuccessful.
    Most CFD accounts have a net zero balance within 2 months because most traders fall into the latter category, but it's unrealistic to expect a provider to cover a leveraged investment. Do you receive a guarantee from your bank that your $1 million house that you have paid $200,000 towards won't be worth $700,000 in two years? (obviously not likely in the current market…)

  • 

    jacross on 21/07/2017 - 09:10

    Of course. That's the risk and reward of gearing. I don't know why that wouldn't have been their policy initially.

    It's good you've pointed out this principle to people though. Important to know.

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  ronnknee on 21/07/2017 - 16:20

  OP, can you show us a screenshot of a minimal CFD order? I'm not sure what to do.

  I don't really care if I lose money as long as it's less than 100 USD.