Trial fund overview and user guide

Trial fund: By using trial funds, users can open positions, pay trading fees and funding fees, and offset trading losses.

• Notes about trial funds

1. How to claim trial funds

If the voucher status is shown as "Claim" and you meet the unlock requirements, you are eligible to claim it.

How to claim: Go to "My vouchers" and click "Claim" to transfer the trial funds to your futures account. You can also view them on the trading page.

Reminder: After claiming a trial fund voucher, you must fully use it before you can claim and use the next one. Make sure to claim and use it within the validity period to avoid expiration.

Website

(1) Log in to your AlphaX account, click "Rewards Hub" in the navigation bar, then click "My vouchers". 

(2) Select "Trial fund" and click "Claim".

App

(1) Open the AlphaX app, tap the nine-dot menu icon in the top-left corner of the homepage, and select "My vouchers".

(2) Select "Trial fund" and tap "Claim".

2. Trial fund status

• Frozen status: If your account does not meet the eligibility requirements after receiving the voucher, the trial fund will be shown as "Locked".

• How to unlock (To unlock your trial fund, you must meet one or more of the following requirements:)

  • Asset requirement: Your futures account balance reaches the specified amount.

  • PnL requirement: Your futures trading PnL reaches the required percentage. If there is an active voucher during your holding period, PnL will not be counted.

  • Trading volume: Your futures trading volume reaches the required threshold. Trading volume generated using vouchers will not be counted as valid volume.

• Fee usage restrictions: Whether trial funds can be used to offset trading fees depends on the voucher type. Margin for opening positions, funding fees, and trading losses will be deducted proportionally according to the specific voucher rules. In addition, trial funds cannot be used to offset trading fees charged at the GTD price in futures trading.

 

3. Trial fund trading restrictions

Usage limit: Only one trial fund can be used per trade. In other words, multiple trial funds cannot be used simultaneously for a single trade.

Transfer restrictions: Depending on the voucher type, transfers between the spot account and futures account may be subject to restrictions. If you transfer funds while using a trial fund, the voucher may become invalid immediately. Read the relevant prompts carefully before making a transfer.

Fee usage restrictions: Whether trial funds can be used to offset trading fees depends on the voucher type. Margin for opening positions, funding fees, and trading losses will be deducted proportionally according to the specific voucher rules.

Trading restrictions:

• Futures trading only: Trial funds can only be used for futures trading and cannot be used for other types of trading.

• No trading pair restrictions: Trial funds are supported for all futures trading pairs.

• No leverage restrictions: Trial funds can be used with any leverage level, allowing you to choose the leverage that best suits your trading strategy.

4. Trial fund expiration

Reached the expiration date.

The full voucher amount has been used.

Transferring funds out of the futures account or making withdrawals may result in partial or full revocation of the trial fund. The exact revoked amount is subject to the system display.

Prohibited activities with trial funds:

• Trial funds cannot be used for matched orders, self-trading, or opening both long and short positions on the same trading pair to offset each other.

• Such behavior is considered misuse of trial funds rather than genuine trading activity.

• If any such activity is detected, AlphaX reserves the right to take appropriate actions, including reclaiming trial funds or restricting account features.

Open cost: Users are required to contribute a portion of the principal (0-100%), depending on the specific trial fund issued.

Validity period: Pay attention to both the claim period and usage period of the trial fund, and ensure it is used within the specified timeframe.

• How to use trial funds

1. Find trial funds

Website

(1) Log in to your AlphaX account, click "Rewards Hub" in the navigation bar, then click "My vouchers".

(2) Select "Trial fund" and click "Claim".

App

(1) Open the AlphaX app, tap the nine-dot menu icon in the top-left corner of the homepage, and select "My vouchers".

(2) Select "Trial fund" and tap "Claim".

You can also view trial funds on the trading page.

2. Claim trial funds

Trial funds in the "My vouchers" must be claimed before they can be used for trading. To successfully claim a trial fund, users must meet certain requirements such as asset balance, PnL, and trading volume. Specific requirements depend on the issued voucher.

3. Use trial funds

Website

(1) On the futures trading page, click "Trial fund" in the top-right corner and select an available voucher. 

(2) Read the usage rules and then click "Confirm". Set order type, leverage, and cost, and choose the direction to open a position.

(3) After closing the position, you can filter by "Trial fund orders only" to view positions with trial funds, open orders, order history, position history, and trade details.

(4) To view trading and funding fees after closing the position, go to "Fund history" to check trial fund deduction details.

App

(1) On the futures trading page, tap "Trial fund" in the top-right corner and select an available voucher.

(2) Read the usage rules and then tap "Confirm". Set order type, leverage, and cost, and choose the direction to open a position.

(3) After closing the position, you can filter by "Trial fund orders only" to view positions with trial funds, open orders, order history, position history, and trade details.

(4) To view trading and funding fees after closing the position, go to "Fund history" to check trial fund deduction details.

• FAQ

1. How can I view detailed information about my trial funds? You can view the trial fund amount and usage rules in "My vouchers" under "Rewards Hub". Unlocked trial funds can also be viewed on the futures trading page.

2. What does it mean if my voucher status is "Locked"? This means your account does not meet the eligibility requirements to unlock the voucher. You will need to meet the specified asset, PnL, or trading volume requirements.

3. How do I claim my voucher? If the voucher status is shown as "Claim", click the button within the validity period to transfer it to your futures account.

4. Can I use multiple vouchers at the same time? No. Only one voucher can be used in your futures account at a time. Make sure the current active voucher is fully used before claiming another one.

5. What happens if I do not meet the unlock requirements? If the requirements are not met, the voucher will remain in "Locked" status until the requirements are fulfilled.

6. What are the restrictions on trial funds? Trial funds are for futures trading only, support all trading pairs, and have no leverage restrictions.

• Notes:

  If any malicious abuse of trial funds or similar behavior is detected, AlphaX reserves the right to take appropriate action against the related accounts and recover any resulting losses. AlphaX reserves the final right of interpretation for trial funds.

  Trade calmly and rationally, and avoid taking unnecessary risks in pursuit of excessive profits. At the same time, continue improving your futures trading knowledge and skills to make better use of trial funds.