We credit new users with $100 for trading. To receive it, you need to fulfill three conditions:
Sign up using a promo code.
Complete verification.
Deposit $100 or more into your account.
As a result, you will have $200 available for trading — you can split it into small purchases to get used to the platform with less risk. Or, when trading stocks, you can use 100× (or 30× for crypto) leverage and go big with $20,000, as in the example below.
Let's say you have met all the conditions and have $200 in your account. What should you do?
Select a ticker. For example, Constellation Energy (CEG), from which Meta will purchase nuclear power over the next 20 years. $300 per share.
Using 100× leverage, buy 60 CEG shares for $18,000.
Monitor the position throughout the day. If the stock rises, for example, to $302, sell.
Your profit: $18,120 − $18,000 = $120. The transaction fee will be about $15.
You have earned $105 and can now withdraw this money along with the rest of your trading profits.
What if the stock falls to $298?
You will lose the entire bonus and $20 of your own funds. Plus, you will gain experience trading on UTEX.