1. Does AlphaX TradFi have an expiration date?
No. Similar to crypto perpetual contracts, TradFi perpetual contracts do not have an expiration date. As long as margin requirements are met, positions can be held indefinitely. Most products also support 24/7 trading.
2. What assets can be used as margin for AlphaX TradFi contracts?
All AlphaX TradFi products use USDT as margin for perpetual contracts. This allows you to trade forex, commodities, stocks, and indices using a single stablecoin balance, without the need for fiat or asset custody.
3. What leverage is available on AlphaX TradFi?
Leverage varies by product. AlphaX offers up to 500x leverage on selected forex, commodity, and index perpetual contracts, and up to 100x leverage on stock perpetual contracts, subject to position size and margin tier requirements.
4. Are TradFi products on AlphaX available for 24/7 trading?
Some AlphaX TradFi perpetual contract products support 24/7 trading. Traders can flexibly participate in global market price movements. Specific availability and trading details are subject to the information displayed on each TradFi contract trading page.
5. How does the funding rate work for AlphaX TradFi contracts?
TradFi perpetual contracts use a funding rate mechanism. The funding rate is a floating value and is settled every 4-8 hours, depending on the underlying asset. You can view the real-time funding rate at the top of each TradFi contract page.
The funding rate keeps the contract price close to the reference price: When long and short positions are unbalanced, fees are exchanged between both sides. This helps bring the price back to a fair range. In a 24/7 trading environment, the funding rate adjusts dynamically as market supply, demand, and liquidity change.
6. How can I manage risk when trading TradFi products on AlphaX?
You can manage risk by using stop loss and take profit features, selecting appropriate leverage, and maintaining sufficient margin, especially ahead of market close. AlphaX also applies maintenance margin requirements and liquidation mechanism as built-in risk controls. If margin falls below the required level, positions may be closed.
7. What are the trading fees for TradFi perpetual contracts on AlphaX?
To improve the trading experience, AlphaX has set the fee for TradFi futures trading to 0. Specific details are subject to the information displayed on each TradFi contract trading page.