Free £50 worth of shares - Is this genuine?

FatAndy

Lokolo wrote: »

Dyslexic website creator maybe? :rolleyes:

Or South Efrikan?


BTW I've remembered where I saw this, it's on the Magic Freebies website, still showing today, fifth item down.

sabretoothtigger

It would cost money to sell the shares.

jamespir

FatAndy wrote: »

Or South Efrikan?


BTW I've remembered where I saw this, it's on the Magic Freebies website, still showing today, fifth item down.

they are american and they take a percentage of your winnings

moneyexpertiwish

jamespir, do you think it looks genuine then?

I sent them my details (spam address) but never got a call. I may have a voicemail but no credit to check it.

I read that companies offer this to get into the market so you start trading with them.

This site sounds like a CFM (?) site where you bet x amount against the share rising 1p. E.g. if you bet £5 that it will go up for every 1p and it goes up by 5p then you get £25. The same effect is had when it goes down i.e. you lose the money.

You don't actually buy the shares. You simply bet against what will happen with them.

turbobob

Looks like they are offering something similar to binary bets. You can do these with FSA authorised UK companies like IG Index if you want. Some of the UK firms have introductory offers too. The company claims to be based in the British Virgin Islands but could be anywhere. I'd be wary of any company that has obvious spelling mistakes in its promotions and claims you can make 75% an hour...

jamespir

moneyexpertiwish wrote: »

jamespir, do you think it looks genuine then?

I sent them my details (spam address) but never got a call. I may have a voicemail but no credit to check it.

I read that companies offer this to get into the market so you start trading with them.

This site sounds like a CFM (?) site where you bet x amount against the share rising 1p. E.g. if you bet £5 that it will go up for every 1p and it goes up by 5p then you get £25. The same effect is had when it goes down i.e. you lose the money.

You don't actually buy the shares. You simply bet against what will happen with them.

im not sure but when he explained it to me they used lots of American "techinical" words he was gonna put me throught to the sales debt and when he put me on hold they hung up so i never got to find out

moneyexpertiwish

turbobob wrote: »

Looks like they are offering something similar to binary bets. You can do these with FSA authorised UK companies like IG Index if you want. Some of the UK firms have introductory offers too. The company claims to be based in the British Virgin Islands but could be anywhere. I'd be wary of any company that has obvious spelling mistakes in its promotions and claims you can make 75% an hour...

I think that's what I meant with spread betting.

Technically, it is possible but very unlikely. You'd have to get every share deal right.