What is Bybit TradFi?
Bybit TradFi allows users to trade in more than 300 trading pairs, including Metals, Stocks, Indices, Forex and Commodities directly from the Bybit platform. Traders will also be able to choose from the following account modes once the asset requirements are met:
a. Zero-Fee Mode (Default Setting)
Developed using the Straight Through Processing (STP) transaction model, this default account mode enables traders to access stable spreads with no separate commissions. All fees have been included in the trades.
b. Tight-Spread Mode (By Application)
This trading mode is designed based on the Electronic Communication Network (ECN) transaction model. It offers deeper liquidity and a narrower spread on a fixed commission per lot. To access this trading mode, users must meet certain asset requirements.
For more information regarding the difference between the two account modes, please refer to this article.
Differences between Bybit TradFi and Bybit Mainnet Trading
| Bybit Mainnet | Bybit TradFi |
Platforms Available | - Website
- iOS
- Android
| - Website
- iOS
- Android
|
Trading Fees | Depending on the order execution type and VIP Level, each trade will either incur a maker or taker fee | Contracts will be charged a commission based on the amount of lot traded. For more information, please check out this link. |
Funding Fees | Charged every 8 hours* (*for most contracts) | Charged Swap Fees for overnight charges. For more information, please check out this article. |
Order Types | - Market
- Limit
- Conditional
- Trailing Stop
| - Market
- Limit
- Stop
- Stop-Limit
- Trailing Stop
|
Leverage | Flexible Leverage (Up to 100X) | Fixed and unique leverage for each symbol |
Margin Modes | Isolated, Portfolio and Cross Margin Mode | Neither. TradFi's margin mode is similar to cross margin with some minor differences |
Risk-Limit | Please refer to this page to see Bybit USDT Perpetuals Risk Limit. | TradFi utilizes a tiered margin for the margin requirements for all contracts available. Check this article to learn more about TradFi’s Tiered Margin. |
Hedging | Allows Hedging. Hedged positions occupy the margin from both legs of the trade. | Allows Hedging. In a hedged position, the margin requirement would be based on the "larger margin" leg between the two position(s). |
Margin Utilization (Active Orders) | Active Orders take up a margin from the user's Available Balance. | Active Orders do not take up additional margin |
Liquidation | Occurs when Mark Price reaches Liquidation Price. Liquidated positions would be settled based on Bankruptcy Prices. | Occurs when the Margin Level percentage falls below 50%. TradFi uses Bid/Ask Prices for liquidation settlements |
Expert Advisors (EAs) | No. Users will need to connect to Bybit's API and create their algorithm coding logic instead. | Via Bybit TradFi: Users will need to connect to Bybit's API and create their algorithm coding logic instead. Via MT5 Terminal: Users may import their favorite EAs from external MT5 broker platforms to be used within Bybit MT5 Client Terminal. |
Signals/Copy Trading | Yes, but only via Bybit Copy Trading | Users can decide to connect to a signal provider and automatically copy trades of professional traders. Or use TradFi Copy Trading via this link. |
Marketplace | No | Marketplace is not available on Bybit TradFi. However, MT5 offers a Marketplace for users to Buy/Sell any robots or indicators directly within the platform |
Indicators | Default indicators from TradingView | Via Bybit TradFi: Default indicators from TradingView Via MT5 Terminal: Highly customizable indicators. Alternatively, users may download directly from MQL5 forums or the marketplace |
