The Free money you can use and trade with but you can't withdraw if you read the small print, you'll have to make 1000s of trades depending on the size of your trades, basically they give back some of there spread charge and release the cash to you as you trade.
Thanks. Finally a response I can use. All these other guys can't offer anything. I think I know why. Can you name a broker?
When i went ICMarkets there was 1 offering that but ages Australian based as only way to get 200:1 margin these days.
Right, they've just about killed this trading game in the U.S. Low margin, no hedging, first in first out rule. All this stuff makes trading extremely difficult if not impossible. I was trading a U.K. account with 200;1 margin, hedging and no fifo. Doubled my account in 2 months. Broker deactivated my account. I wasn't supposed to make money. Bucket shop? if so, they are a good one. Excellent customer service, licensed with regulatory agency , etc. That's why i asked the question the way i did and no one here in the U.S, could give a straight answer. Bunch of losers.
2001 before these rules trading was easy, I thought I'd cracked it for life, then PDT came along and all gone ruined stock trading for everyone, 1000s of us on Yahoo giving tips and working together all making money daily. Land of the free lol