
Frequently Asked Questions
-
Bad Trader is an app that offers daily livestreams and chat, and will offer users the ability to connect to their brokerage account. In the future, users can also earn daily rewards, accumulate points, lose all your points on a bet that goes south, and experiment with speculation without risking anything but your time and dignity.
-
Points are in-game currency you accumulate by watching streams, completing polls, and hanging with the inmates. They have no monetary value or cash equivalence, but with points, users can buy chat rewards, upgrade your profile or wager them straight to the moon.
-
To use the full extent of the Bad Trader app, you’ll need to either open a brokerage account or log into an existing account through one of our brokerage affiliates. Not ready to trade just yet? Lurkers welcome! Users with engagement-only accounts can still access all non-trading features on Bad Trader such as stream and chat.
-
Bad Trader is not a broker-dealer. Bad Trader is an application that connects electronically to certain brokers through those brokers’ APIs. The Bad Trader app allows users to (i) send messages to those brokers that contain orders and (ii) view certain information about their brokerage accounts at those brokers. Bad Trader does not execute or get involved with your trades or your brokerage account. Check out the Trade page for more information on the specific brokers that users can connect to through the Bad Trader app.
-
Bad Trader allows you to send messages that contain orders to certain brokers through those brokers’ APIs. Once those brokers receive those messages, Bad Trader’s involvement in the process stops. The broker takes the order, decides whether to accept or reject it, executes or sends the order out for execution and fulfills the remaining functions related to the trades. So other than sending the message with your order to your brokerage firm, the other aspects of your trading experience (such as whether or not the order fills and where it fills) are out of our control.
-
Because Bad Trader does not hold your account or execute your orders, our support team cannot answer any support questions pertaining to your broker, your orders, your brokerage account, or your ability to trade. We can answer questions pertaining to our platform (such as why chat isn’t working or why your points are not updating), but any questions pertaining to your brokerage account, orders, fills, or quotes should be directed to your broker.
-
Trading fees and commissions are charged by the broker. Bad Trader is not a broker-dealer and does not charge any additional fees to its users. To learn more about the fees your broker charges, check out their applicable commissions and fees on their website.