Gate expands TradFi functionality to cover gold, forex, and popular stocks Odaily Planet Daily News: The encrypted asset trading platform Gate continues to expand its TradFi function, opening up traditional financial asset contract for difference (CFD) trading services covering gold, forex, indices, commodities, and some popular stocks to users. It is reported that the Gate TradFi contract uses USDx as the margin and account display unit, pegged 1:1 to USDT. Users can participate in trading by transferring USDT without additional exchange or payment fees. This product follows the traditional trading rules of the financial market, with a fixed trading period and a fixed multiple of contract leverage. Foreign exchange, index and other products support a maximum leverage of 500 times, while stock price difference contracts have a maximum leverage of 5 times; The margin adopts a full position mode, and the same transaction can be used to hedge long and short positions, with a single transaction fee as low as $0.018. At the system and risk control level, Gate TradFi provides trading services based on the MT5 system and adopts a margin ratio risk control mechanism. When the account margin ratio drops to 50% or below, it will trigger forced liquidation.