How to Start
1. From the Dashboard, select the 'Derivatives' menu
2. Choose an available asset from the list or scroll down to find one
3. Click the 'Trade' button at the bottom
4. Under the Balance column, click the ⇆ button to transfer USDT to your Derivatives wallet
5. Enter the amount and click 'Transfer'
6. Select Buy or Sell, choose your Order Type and Lot Size. Then click Buy or Sell, and confirm your order
*The Initial Margin and Size will adjust automatically based on the Lot Size
(Optional) Tick 'Protection Order' to set Take Profit and Stop Loss before placing the order, or set them later using the 'TP/SL' button after the order is placed
Your order will appear under the Active Positions column, along with the 'TP/SL' and 'Close Position' buttons. To close a trade, you can click 'Close Position' and confirm at any time. All closed positions will appear in the Transaction History page.
⚠️ Important
If you do not set a Stop Loss, your order will be liquidated and automatically closed once your equity falls below 50% of the margin
Derivatives (CFDs) let you trade on the price movement of assets such as crypto, stocks, forex, indices, and commodities without owning them. You profit if the market moves in your favor and incur a loss if it moves against you. The profit or loss is calculated as the difference between the entry and exit price, minus any fees.
Leverage
Allows you to control larger trades with less capital. For example, with 10:1 leverage, $100 can control $1,000 worth of assets. While this amplifies profits, it also increases potential losses
Margin
The amount of money you must set aside to open and maintain a leveraged trade. If your margin runs too low, you may face a margin call or liquidation
Lot Size
The trade volume. Different assets have different lot sizes (e.g., 1 lot of crypto = 1 coin, 1 lot of gold = 100 oz, 1 lot of FX = 100,000 units of the base currency)
Market Order
Executes immediately at the current market price
Limit Order:
Enter your desired price and amount. The order will execute when the market reaches that price
⚠️ Note: The Limit order is used when you want to buy below the current market price and sell above it. If used incorrectly, the order may not be executed, or it may be executed incorrectly
Stop Market:
Enter your stop price and amount; when the market price is reached, the order will execute as a market order
⚠️ Note: The Stop order is used when you want to buy above the current market price and sell below it. If used incorrectly, the order may not be executed, or it may be executed incorrectly
TP/SL:
A Protection Order function lets you set Take Profit (TP) and Stop Loss (SL) levels in advance to manage your trades automatically.
Take Profit (TP): Closes your position once the market reaches your chosen profit level, locking in gains
Stop Loss (SL): Closes your position if the market moves against you to a certain level, limiting potential losses
You can set both of them at the same time to reduce risk and protect your equity in volatile markets
Liquidation (Stop Out)
Happens when your account equity falls below 50% of the margin required. At this level, the system automatically closes your positions, starting with the largest loss, until your margin level rises above 50%. This mechanism helps limit losses and prevent a negative account balance. To avoid liquidation, it is strongly recommended to always set a Stop Loss when placing trades.
Derivatives trading may involve several types of fees:
Spread: The difference between the buy and sell price.
Commissions: Transaction costs on some trades.
Funding Rates / Swap Fees: Interest charged or earned for holding positions overnight.
Extended Hold Fees: Extra charges for keeping crypto positions open longer than 14 days.
Hidden Costs: Market volatility can cause wider spreads and slippage, which affect your trade cost