AlphaX has launched Futures Bonus that enables you to experience live Futures trading at 0 cost, with withdrawable profits.
1. What Is Future Bonus
A Futures Bonus lets you experience live Futures trading without any cost. You can withdraw any profits, and AlphaX will cover the losses.
When using the Bonus, keep the following in mind:
1. The Bonus is subject to leverage limits.
2. Positions opened using Bonus Vouchers will automatically close after 24 hours.
3. You can only use one Bonus Voucher per Futures trade, and you can only have one Bonus position at a time.
4. Bonus orders are only available in isolated margin mode and can only be placed for market orders.
2. How to Use Futures Bonus
1. After you receive the Bonus Voucher, head over to "Vouchers", find the usable Futures Bonus Voucher and click "Use" to access the Futures Trading page.
2. On the Futures Trading page, click "Bonus Order" in the top right corner and select the usable Bonus Voucher.
3. Set the leverage, choose your trading direction, and your position will be successfully opened.
4. To check Bonus trades after closing the position, filter by "Bonus Profit" in your trade history or order history.
3. How to Get Futures Bonus
Please keep an eye on AlphaX official events, as we will give away Futures Bonuses from time to time.
Note: After receiving the Futures Bonus, ensure that the app is updated to version 1.8.5 or above to use it (please stay tuned as app release times may vary across app stores).
4. Additional Notes
1. Every Futures Bonus has a "validity period", so make sure to use it before it expires.
2. Futures Bonus Voucher can only be used for supported trading pairs, and the leverage can't exceed the voucher's maximum leverage. You won't be able to use the voucher if it does. The contract amount that can be opened with the Bonus Voucher is capped by the face value of the voucher. Position size below the minimum open amount will not be opened, and the unused portion of the voucher will become invalid.
3. You can only have one Futures Bonus position at a time. Therefore, if you have any open positions or TP/SL orders using Futures Bonus, you need to close the position or cancel the order before using a new Bonus.
4. Futures Bonuses do not support placing orders on the candlestick chart. TP/SL for Bonus positions can only be set for the entire position and do not support the Guaranteed TP/SL feature.
5. Certain Futures Bonuses may require you to meet a specified Futures trading volume (including leverage) before they can be unlocked. Please refer to the Bonus details for specific requirements. The trading volume is calculated from the moment you receive the Bonus, and you can check the progress in real-time.
6. Bonuses can be used as margin in Futures Trading but cannot be withdrawn. However, any profits made from trading with the Bonus can be withdrawn. Orders opened using Bonus will be automatically closed after 24 hours. If you wish to close the position manually, please do so beforehand.
7. The applicable trading pairs for different Bonuses may vary or be adjusted from time to time. Please refer to the information displayed on the Bonus page.
8. The fund statements from trading with the Futures Bonus are not included in the Futures Account. Only the profit from the settled Bonus trade will be transferred to your Future Account after closing the position.
9. When you hold a Bonus position, you'll need to pay funding fees. If you close your position at the funding fee settlement time, your "actual profit" might not match your "unrealized PnL". The actual credited amount shall prevail.
10. Trading volume generated from the Futures Bonus won't generate any trading fee commissions.