What is a risk-free trade?
A risk-free trade is an option that you can use to cover your losses in case of bad deals. The money will be refunded to your account after applying this option to your latest deals. Please note that not all unsuccessful deals may be refunded.
How can I get these risk-free trades?
This risk-free trades option will be given automatically for the best traders to encourage and support them.
If you are among the ones who receive it you will see shields icons on your main trade screen.
How to use them?
Since risk-free trades allow you to receive a refund for your bad investments, you will be offered to apply this option in case of a bad trade.
Please note that you can apply it only for a limited time after your bad trade is closed. You can see the timer on a pop up message.
After applying of a risk-free trade, you will see a confirmation pop up and the number of risk-free trades left.
You can receive a refund for your investments only if they are lower than 2$. It means that you will not be offered to activate a risk-free trade in case of a loss if you've invested more than 2$.
Advantages and strategies to use
The main advantage of this option is that you can safely test some strategies on your real trading account and get your money back in case of failures.
As one of the strategies we can suggest the following:
- Try Martingale with small amounts.
- Invest the maximum possible amount only if you're sure in your decision. If you're not sure, try to invest smth lower. For example, if the maximum investment eligible for refund is 2$, then invest 2$ only if you're 100% sure, and 1$ if not. Keep the ratio of "100% sure" trades equal to "not sure".