Tradefair offers one year subscription for FT (worth £149) for new accounts. You need to make a £100 deposit which is fair make two trades (not shares) and that’s it. This is a great offer… too bad I have an account with them already…
Fairtrade is extremely bad news, and will have caused problems for lots of people. Their interface is extremely attractive, and appears (on the surface) to be genuine, until you start to lose your money, and find that all is not what it seems.
Anyone with a bit of sense can make wins on the demo platform, and will find their balance increasing nicely. This is a clever tactic which makes you confident enough to add credit to your account.
As soon as you get into the live account, you’ll start to learn about the win / lose ratio, and the margins each side. Starting with a couple of losses can make you think that your luck will change, and that you will give it the benefit of the doubt.
You will experience a 5:1 loss ratio (consistently losing around £10, winning £2), and this will not improve. Dont sign up to this company. If you already have, get out now. The odds are against you.
This outfit is marketing aggressively, and will have a sales person calling you as soon as you setup your demo account.
Take my advice – try a different platform, and be very careful. And remember that the word ‘Trading’ in this context really means gambling.
admin
16/06/2009
Too bad that you hide your name.
I think this is very childish to blame the platform for your losses instead of try and improve your trading skills.
I still don’t understand why it will change if you switch platform???
A. Reader
03/07/2009
I think this is an unfair post. I opened and account with them and traded heavily for about 2 mont
A. Reader
03/07/2009
I think this is an unfair post. I opened an account with them and traded heavily for about 2 month
Fairtrade is extremely bad news, and will have caused problems for lots of people. Their interface is extremely attractive, and appears (on the surface) to be genuine, until you start to lose your money, and find that all is not what it seems.
Anyone with a bit of sense can make wins on the demo platform, and will find their balance increasing nicely. This is a clever tactic which makes you confident enough to add credit to your account.
As soon as you get into the live account, you’ll start to learn about the win / lose ratio, and the margins each side. Starting with a couple of losses can make you think that your luck will change, and that you will give it the benefit of the doubt.
You will experience a 5:1 loss ratio (consistently losing around £10, winning £2), and this will not improve. Dont sign up to this company. If you already have, get out now. The odds are against you.
This outfit is marketing aggressively, and will have a sales person calling you as soon as you setup your demo account.
Take my advice – try a different platform, and be very careful. And remember that the word ‘Trading’ in this context really means gambling.
Too bad that you hide your name.
I think this is very childish to blame the platform for your losses instead of try and improve your trading skills.
I still don’t understand why it will change if you switch platform???
I think this is an unfair post. I opened and account with them and traded heavily for about 2 mont
I think this is an unfair post. I opened an account with them and traded heavily for about 2 month