Gate expands TradFi features, covering gold, forex, and popular stocks

Odaily Planet Daily News: The cryptocurrency asset trading platform Gate continues to expand its TradFi features, offering users traditional financial asset CFD trading services covering gold, forex, indices, commodities, and some popular stocks.

According to reports, Gate TradFi contracts use USDx as the margin and account display unit, pegged 1:1 with USDT. Users can participate in trading after transferring USDT without additional exchange or transaction fees. The product follows traditional financial market trading rules, with fixed trading hours. The contract leverage is fixed, with forex and index products supporting up to 500x leverage, and stock CFDs up to 5x leverage; margin is maintained in full position mode, allowing hedging between long and short positions on the same trading pair. The per-transaction fee can be as low as $0.018.

On the system and risk control level, Gate TradFi provides trading services based on the MT5 system and employs a margin ratio risk control mechanism. When the account margin ratio drops to 50% or below, a forced liquidation will be triggered.