Frequently asked questions

TradeToli is not a gambling platform and does not support gambling of any kind. In gambling, you bet against a “house” or “bookmaker” who generates revenue when customers lose. This creates perverse financial incentives for gambling operators. As mentioned above, we are a marketplace that does not benefit from trader losses and want to see every trader succeed and make profits. We make money by charging fees on trades.

We are a skill-based trading platform. Trading on TradeToli is informed by research and analysis of the underlying fundamentals of the event. There is a lot of public information about the events listed on TradeToli, including material we provide, which allows traders to put their skills and knowledge to use by performing analyses and creating their own trading strategies.

It is 100% safe to use TradeToli. Our platform employs state-of-the-art security and encryption, and all transactions are processed through secure banking channels and financial institutions.

In that case, the amount will be refunded back in your account.

You need to read through the various news and latest happenings around the question asked. You can use the related news tab also for the same. And yes, the more bids you place, the higher the chances of earning more money in Tradetoli app.

Example:
I am bidding for Rs. 7 but still showing potential win Rs. 3 but if I bid Re. 1 my potential win is Rs. 9?

We allow 2 users to trade on events such that the combined trade amount between the users is Rs. 10. You may bid anywhere between Rs. 0.5 and Rs. 9.5 for each event and you’re matched with a user with a complimentary trade. If you win the event, you win Rs. 10. The margins of your trade depend on how much you bid. If you bid Re. 1, you can potentially win Rs. 9. However, you may not be able to find a user with a complimentary trade of Rs. 9, since such a user will make a profit of only Re. 1. If you bid for Rs. 7, you will win Rs. 3 if you win the event, but the chances of your matching are higher. To sum up, you win Rs. 10 minus the amount you’ve bid. If you’ve bid a low amount, you may make a higher profit, but you may not be able to find a complimentary match, which means you will not be able to participate in the event.

TradeToli empowers people to make better decisions in their lives based on the actionable insights they receive from the trading activity within our markets.   The markets on TradeToli are very likely to be more accurate than traditional forecasters and polls because they aggregate the wisdom of the crowds by giving people a financial incentive to share their true beliefs. We give people insight into real-world events that are materially relevant in their lives.  These markets also serve as a factual and true counter to sensationalised content, fake news, and the spread of misinformation on social media and in society at large.

Event trading is an almost entirely new category of trading which allows users to trade on current events. Instead of trading on stocks like you would trade on events based on the information provided to you, based on the price decided by you. The events on which you can trade encompasses cricket, football, finance and current affairs.

TradeToli is a marketplace that connects traders with each other. When you execute a trade, you are trading with other traders on our platform. We don’t benefit from you winning or losing on a trade and genuinely want every trader on TradeToli to succeed and make profits.

Each market on TradeToli is based on a real-world event that has multiple outcomes. TradeToli allows you to buy or sell shares of any of these outcomes. Just as in the financial markets, the price of one share of an outcome is determined by market supply and demand. These prices vary between Rs.0 and Rs.10. After buying shares of an outcome, After the market closes and the true outcome of the real-world event is known, the market settles; this means that each share of the correct outcome pays out Rs.10

Traders find our events to be more pure and less noisy than other tradeable items like stocks. With events, traders employ higher levels of skill and employ better analysis because they are trading on the tangible event itself rather than guessing how an intangible financial market will react.

The price at which you decide to match is down to your judgment of whether you will find a match at that price. If you bid for an amount which is too high or two low, you may not find a complementary match of a person whose bid is as low or as high.
 

I am bidding for Rs. 7 but still showing potential win Rs. 3 but if I bid Re. 1 my potential win is Rs. 9?

We allow 2 users to trade on events such that the combined trade amount between the users is Rs. 10. You may bid anywhere between Rs. 0.5 and Rs. 9.5 for each event and you’re matched with a user with a complimentary trade. If you win the event, you win Rs. 10. The margins of your trade depend on how much you bid. If you bid Re. 1, you can potentially win Rs. 9. However, you may not be able to find a user with a complimentary trade of Rs. 9, since such a user will make a profit of only Re. 1. If you bid for Rs. 7, you will win Rs. 3 if you win the event, but the chances of your matching are higher. To sum up, you win Rs. 10 minus the amount you’ve bid. If you’ve bid a low amount, you may make a higher profit, but you may not be able to find a complimentary match, which means you will not be able to participate in the event.

Before you can withdraw, you will have to submit your government Id documents to us. Post this, you will be able to withdraw your winnings from TradeToli.