Is Identity Verification required to trade on CFD?
Yes, Standard Individual Identity Verification or Business Verification is required. For more information on how to verify your account, please refer to How to Complete Individual Identity Verification and FAQ - Business Verification.
Are subaccounts supported on CFD Trading?
No, subaccounts are not supported on CFD Trading. Only a Bybit main account can activate a MT5 CFD Account.
What assets can be transferred into a MT5 CFD account for trading?
We currently support transfers of USDT and BYUSDT into your MT5 CFD Account. USDT and BYUSDT are converted to USDx at a 1:1 ratio, ensuring a seamless and transparent transfer experience with no conversion loss.
Is CFD Trading available on mobile?
Yes. CFD Trading is available on the Bybit App. After logging in to your Bybit account, simply tap TradFi from the bottom navigation bar and select CFD from the product tabs at the top of the page.
Why did my USDT/BYUSDT become USDx? Did I lose anything?
Not at all. When you convert or deposit USDT, it may be shown as USDx in your account. This is purely for easier tracking. Your balance remains fully backed and you can convert it back to USDT/BYUSDT at any time at a 1:1 rate.
Is USDx a cryptocurrency?
No, USDx is not a cryptocurrency. It is an internal balance unit used on the platform to show your funds in U.S. Dollar terms. The conversion between USDT/BYUSDT and USDx will remain 1:1.
Can I withdraw USDx?
No. USDx is not an on-chain asset and cannot be deposited or withdrawn.
USDx is used only as a unified balance display within the MT5 CFD account. When transferring funds out of MT5 CFD, you will receive the underlying assets held in your account, such as USDT and/or BYUSDT, based on your available transferable balance.
Why use USDx at all?
USDx helps us show your balances in a clear and consistent way, and also helps us meet accounting and regulatory standards. It is a display and accounting tool only. Your funds remain yours and fully backed.
Will I continue receiving BYUSDT yield after transferring BYUSDT into MT5 CFD Account?
Yes. BYUSDT transferred into the MT5 CFD Account will continue generating yield.
Yield distributions will continue to be credited into the user’s Unified Trading Account (UTA).
Why did my BYUSDT yield amount change?
BYUSDT yield is calculated based on the user’s actual eligible BYUSDT balance and APY.
If the BYUSDT balance changes due to transfers, trading losses, fee deductions, liquidation, or other account activities, subsequent yield calculations and distributions may also be affected.
Why can't I transfer out the full amount of BYUSDT in my MT5 CFD account?
Part or all of your BYUSDT balance may be locked as margin collateral to support your open CFD positions. Only the portion exceeding your current margin requirement can be transferred out.
USDT (including unrealized profit) is always used to cover margin first. BYUSDT will only be used when the available USDT is insufficient. As a result:
- Positive unrealized P&L increases available USDT, which may reduce the amount of BYUSDT locked as collateral.
- Negative unrealized P&L reduces available USDT, which may cause more BYUSDT to be locked as collateral.
To increase your transferable BYUSDT amount, you may reduce your position size or wait for your account margin condition to improve.
How is my available BYUSDT amount calculated?
USDT (including unrealized P&L) is always used to cover margin first. If the available USDT is insufficient, part of your BYUSDT balance will be locked as collateral to support the remaining margin requirement. Any BYUSDT not being used as collateral will remain transferable.
Example:
If you hold 50 USDT + 50 BYUSDT with a Used Margin of 70:
When your UPL = +50
USDT balance can fully cover the margin requirement, so all 50 BYUSDT remains transferable.
When your UPL = −10
Available USDT effectively drops to 40, so 30 BYUSDT is locked as collateral, leaving 20 BYUSDT transferable.
Notes:
— Unrealized profit increases available USDT, not your BYUSDT balance directly.
— Transferable BYUSDT can never exceed your actual BYUSDT balance.
What calculation is used to determine the withdrawable amount?
If users have no open positions in their MT5 CFD Accounts, the amount they can withdraw is: Equity − Credit.
If users have open positions in their MT5 CFD Accounts, the withdrawable amount is calculated according to this formula:
Max [ Min (Equity - Credit - (Margin Ratio x Margin Required), Balance), 0]
where:
Weekdays margin ratio = 1, Weekends margin ratio = 2
This calculation ensures that sufficient margin remains in your account after a withdrawal. However, future market movements may cause changes to your Equity and Margin Level, which could increase liquidation risk.
For more detailed information, please refer to Understanding MT5 CFD Asset Balances and Transfers.
What are the credits used for?
The credits can only be used in CFD trading as trading margin, and/or to cover commissions and swap fees once your deposited funds have been fully used. Please note that any commission, swap, or trading loss will be deducted from your deposited funds first. Only after these funds are exhausted will deductions be made from the credit amount.
Credit deductions related to fees, swap charges, and trading losses are processed through a scheduled settlement mechanism, which runs 30 minutes after every full hour (e.g., 01:30, 02:30). As a result, these deductions are not reflected in real time.
However, credit adjustments resulting from withdrawals are processed separately and are typically completed within a few minutes. The credit balance will be reduced proportionally based on the withdrawal amount.
If you make a deposit before a scheduled deduction, the deposited funds will be applied to the account first. If the account balance exceeds the remaining credit amount, the credit reward will remain unaffected and will still be retained in your account.
How to get CFD credit?
You can participate in CFD credit campaigns and earn credit rewards by completing the specified tasks. Please note that you must register for the campaign or claim the task before it starts.
Can I withdraw the credits?
No, the credit cannot be withdrawn or transferred. However, users can withdraw the profits earned from trading with the credits.
Will my credits be forfeited if I make withdrawals from the MT5 CFD Account?
For users who had not made any deposit before they made withdrawals from the MT5 CFD Account, the entire credit will be forfeited. If you have made deposits, any withdrawal or transfer will result in a proportional reduction of your credit.
What is the credit validity period?
You can check the credit validity period by going to Rewards Hub → My Rewards.
What happens if I withdraw funds from my MT5 CFD account while CFD Credits are still active?
When a withdrawal is made, the system will deduct the credit amount based on the following deduction rules:
CFD Credit Deduction Calculation Based on Withdrawal Amount Ratio:
The credit deduction is calculated as:
Min(Withdrawal Amount / Current Balance, 100%) × Credit Amount
With Current Balance = Account Balance - Credit Amount.
Example 1:
If a user deposits 500 USDx, receives 500 USDx in credits, gains a profit of 50 USDx from trading, and makes a withdrawal of 100 USDx, the credit deduction will be calculated as:
- Current Balance (excluding credit) = 550 USDx
- Credit Amount = 500 USDx
- Credit Deduction = Min (100 / 550, 100%) × 500 = (100 / 550) × 500 = 90.91 USDx
- After the withdrawal of 100 USDx is processed, approximately 90.91 USDx worth of credits will be deducted from the user’s MT5 CFD Account.
Example 2:
If the user receives a sign-up credit, profits from trading with the credit, and then makes a withdrawal, without making any deposit, the system will deduct all credits received since there was no deposit made.