About Deposits
Is USDx a cryptocurrency?
No. USDx is not a cryptocurrency. It is an internal unit used on the platform to display account balances in USD terms. USDx is pegged 1:1 to USDT-denominated assets.
Why did my USDT turn into USDx? Did I incur any loss? No loss is incurred. When USDT is transferred into a TradFi account, the balance is displayed as USDx. This is required for regulatory compliance. Your assets remain 100% backed by USDT, with no manual conversion needed and no additional trading fees or custody charges.
Can I withdraw USDx?
No. USDx is neither a fiat currency nor cryptocurrency. It is solely an accounting and display unit for TradFi assets. You may transfer your TradFi assets back to your Gate account and withdraw USDT as usual.
Why is USDx used?
USDx enables a clear and consistent display of your account balance while helping us meet regulatory requirements. Your funds remain fully owned by you and are 100% backed by USDT.
About Accounts
Are subaccounts supported on TradFi (MT5)?
No. Subaccounts are not supported on MT5. Only a Gate main account can activate a TradFi (MT5) account.
What is the difference between the master password and the read-only password?
The master password provides full access to the MT5 account, including viewing account information and placing trades. The read-only password only allows login and viewing, and cannot be used for trading. Initial passwords are generated automatically when the account is opened, and you can change them anytime by tapping [Reset].
Can I log in to the MT5 terminal to trade?
Yes. You can log in to the MT5 client using your MT5 ID. Trading activity and account data on MT5 are synchronized with the Gate App.
How are CFD products settled on TradFi (MT5)?
All CFD products are settled in USD, while deposits are made in USDT. The system automatically converts between USDT and USD during trading.
About Trading
Leverage on TradFi contracts
Different CFD products offer different leverage levels (up to 500x for forex contracts). Leverage details can be viewed on the Contract Details page and cannot be adjusted manually.
What are the maximum numbers of orders and positions for TradFi contracts?
Up to 1,500 pending orders and 1,500 open positions are supported.
Why am I unable to increase the size of an existing position?
TradFi contracts use an independent position mode. Each buy or sell order opens a separate position that is managed independently. Taking AAPL as an example:
If you buy 1 lot at 300 and another 1 lot at 310, two separate long positions will be created, with average entry prices of 300 and 310 respectively.
Why does my equity still fluctuate when I hold equal long and short positions?
Unrealized PnL for TradFi positions is calculated based on the counterparty price. Changes in the bid–ask spread can cause differences in unrealized PnL between long and short positions, which may affect account equity. Taking AAPL as an example:
Assume you hold one long position at 300 and one short position at 310. When the best ask price is 305.2 and the best bid price is 305.0 (a spread of 2), the unrealized PnL of the long position is 5.2 USDx and that of the short position is 5.0 USDx, resulting in a total unrealized PnL of 10.2 USDx. If the spread widens to 4, with the ask price at 305.3 and the bid price at 304.9, the total unrealized PnL increases to 10.4 USDx. Even though the long and short positions are fully hedged in size, changes in the spread can still lead to fluctuations in account equity.
