What is the Futures trial funds?
The Futures trial funds on HKD.com is a form of trial funds provided by the platform to eligible users for experiencing contract products. The Futures trial funds is applicable only to perpetual contract trading in isolated margin mode. Users need to activate the trial funds before it can be used as trading margin. The trial funds cannot be withdrawn, but profits generated from trading with the trial funds can be withdrawn after deducting the closing fee.
Scope of Use for Futures trial funds :
The Futures trial funds can be used as trading margin. For detailed usage scope, please refer to the table below:
| Applicable Products | USDT Perpetual Contracts |
| Position Mode | Isolated Margin Mode |
| Deduction Mode | Margin, Fees, Losses |
| Usage Frequency | One-time |
Difference between Futures trial funds and funds account usage :
| Futures trial funds | Funds Account | |
| Position Opening | Isolated | Isolated / Cross |
| Order Opening | One Order | Multiple Orders |
| Opening Direction | Single Long / Single Short | Multiple Long / Multiple Short |
| Position Closing | Full Close Position | Partial Close Position |
| Order Price Type | Market Order | Market Order/Limit Order/Tigger Order |
| Leverage | Must use configured leverage | Can choose leverage |
| Opening Fee | Deducted | Subtracted from funds |
| Closing Fee | Deducted (Limited to closing losses) | Subtracted from funds |
| Profit from Position | Available for withdrawal after deducting closing fees | Available for withdrawal |
| Loss from Position | Deducted | Subtracted from funds |
| Profit Limit | 1 times of future trail funds | Unlimited |
| Funding Fee | Not calculated | Calculated |
| Trading Fee Rebate | No rebate | Rebate |
Futures Trial Funds Usage Terms :
• Limitation on Trial funds : Only one trial funds can be used per position direction for the same currency.
• Profit Limitation : The profit cap for the trial fund is limited to 1 times the trial fund amount.
• Margin Separation : trial funds cannot be used together with the contract account fee for position opening.
• Position Merging and Closing : If contract funds account and future trial funds are separately opened in the same position direction, the system will merge the positions of the same currency, but when closing the position, it must be fully closed and cannot be partially closed.
• Leverage Limitation : If the leverage of the trial funds is 10 times, and the user's current position or order leverage exceeds 10 times, the trial fee cannot be activated. Users must close existing positions and orders before activating trial funds.
• Maximizing Leverage : If the user's current position leverage is 20 times, but the trial funds leverage is 50 times, the system will default the trial fee leverage to 20 times. Users must close their current positions and then adjust the trial funds leverage to 50 times themselves to maximize the trial funds.
• No Trading Fee Rebates : No trading fee rebates are generated when using trial funds for trading.
• No Transfer or Withdrawal : Futures trial funds cannot be transferred to other accounts or withdrawn.
• Closing Loss Rule : When trading with Futures trial funds, no loss funds or closing fees need to be borne for closing losses.
• Closing Profit Rule : When trading with Futures trial funds, closing profits need to deduct closing fees, and the remaining profits can be withdrawn or transferred.
• No Feeing Fee Incurred : No feeing fee is incurred when holding positions with trial funds.
• Futures trial funds Expiry : Futures trial funds have a validity period, and the expiry time can be viewed in the rewards center. Click on the【 HKD logo 】in the upper left corner 》【Rewards Center 】》【 Future Trial Funds 】. The expiration time is displayed below the Futures trial funds. If not activated or used within the validity period, it will expire; HKD.com is not obligated to remind users of the expiration of relevant benefits, so please pay attention to the validity period of Futures trial funds.
• Regional Restrictions : To comply with local regulations, Futures trial funds may not be available or usable in the user's region.
• Violation Handling : If suspicious trading behavior, malicious use, or malicious abuse of Futures trial funds is discovered, the platform has the right to take corresponding measures against the involved accounts. HKD.com reserves the ultimate right to interpret the terms and conditions of Futures trial funds usage.
Futures trial funds Recovery Rules :
• Expiration of Futures trial funds Validity Period
Each Futures trial funds has an activation expiration time, and trial funds that are not used within the valid time will expire. Expired trial funds will not be refunded.
• One-time Use Futures trial funds
Each Futures trial funds can only be used once, and any unused balance, regardless of the amount, will expire; users need to manually click "Use Now" to activate the trial funds after receiving them.
HKD.com reserves the right to modify, change, or cancel this notice at any time and at its sole discretion for any reason, without prior notice.
Risk Warning : The prices of digital assets may fluctuate. The value of your investment may fluctuate, and you may lose your investment amount. You are solely responsible for your investment decisions, and HKD.com is not responsible for any potential losses incurred. Leveraged trading involves high market risks, which may result in significant profits or substantial losses. Past performance is not a reliable indicator of future performance. In the event of adverse price fluctuations, your entire margin balance may be liquidated. This document should not be construed as financial or investment advice. For more details, please refer to the HKD.com Terms of Use and Risk Warning.
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