How to start trading on Storm Trade

1. Create an account

1. You can use Storm Trade in the web app (mobile or desktop) or through the @StormTradeBot Telegram bot. In the web app, click Connect Wallet and scan the QR code with a mobile TON wallet such as Tonkeeper, or use a browser extension on desktop. source ↗
2. Supported wallets include Tonkeeper, MyTonWallet, TON Wallet and Telegram's TON Space. The connection guide has no KYC step. source ↗
3. In Storm V3 each trader gets a personal smart account (Quick Wallet) whose address is derived from the main wallet. Storm creates a trading key for your device on the first deposit; authorizing it is the only wallet confirmation, after which orders are placed in one click. source ↗

2. Deposit collateral

1. Connect your main wallet, then make a first deposit; it deploys your smart account on-chain and the GRAM or USDT you send is credited to your collateral balance. Funds stay in Storm Protocol's on-chain vaults, not on an exchange deposit address. source ↗
2. To get USDT or TON into a TON wallet you can buy on a centralized exchange and withdraw to your TON address, use the P2P section of Telegram's Wallet, or buy with a bank card in Tonkeeper. source ↗
3. Markets are either USD-margined, with USDT as collateral, or coin-margined, with TON or NOT as collateral. In coin-margined markets your margin, profit and loss are all counted in that coin. source ↗

3. Open your first position

1. In the Trade tab, pick a pair, choose Long or Short, keep the default Market order or pick another type, choose the collateral asset and amount, set leverage, and optionally add a stop loss and take profit before confirming. source ↗
2. Order types include market, limit, stop-limit and stop-market. Orders expire after 60 days, and an order runs only if its full opening size is available. source ↗
3. All positions use isolated margin. The margin table lists maximum leverage of 50x for crypto (USDT and TON margin) and 100x for commodities and forex. source ↗
4. Storm charges a protocol fee on opening and on closing a position, deducted from your collateral, with the rate depending on the trading pair. Placing, editing and cancelling Limit, Stop Loss and Take Profit orders is free in V3, but the network fee is paid when a trade executes. source ↗

4. Know how liquidation works

1. A position is liquidated when losses mean its margin can no longer cover them. Storm closes the whole position (full liquidation); only that position's collateral is at risk, not the rest of your account. source ↗
2. The liquidation price depends on the maintenance margin (1% for crypto, 0.5% commodities, 0.3% forex in the docs' table) and moves over time as funding accrues. You can push it back with Add Margin or protect the position with a stop loss. source ↗
3. Funding is paid hourly between longs and shorts: when funding is positive longs pay shorts, and when negative shorts pay longs. source ↗
4. Coin-margined positions carry extra risk: if TON or NOT falls, your collateral loses value too, which can bring a long position closer to liquidation. source ↗

5. Withdraw

1. Quick Wallet lets you withdraw a selected asset or use Withdraw all. Only free collateral can be withdrawn; funds in open positions become available after those positions close. source ↗
2. Withdrawals must be authorized by your owner wallet and always go to that wallet's address. Trading keys cannot withdraw funds. source ↗

6. Common mistakes

1. Your main wallet is the root access to your account. If a device is lost, connect the owner wallet on another device and revoke that device's trading key. source ↗
2. Degen Mode uses fixed 500x leverage on BTC, ETH, SOL and TON, with no funding but a rollover fee of 0.005% of position size per hour that shifts your liquidation price. Adding or removing margin is not available in this mode. source ↗
3. Pre-launch futures stop trading at a set time and are settled at a settlement price set by Storm, with your margin returned adjusted for profit or loss. source ↗
4. Prices come from the Stork and Pyth oracles, and since the v2.5 update the market price always equals the index price. source ↗

Before you trade

Perpetual futures use leverage: a small price move against you can liquidate your collateral. Start with a small amount and low leverage, and read the venue’s current fee and margin pages, which can change after this guide was checked.