Bitget TradFi (MT5) beginner's guide: Embark on a new financial trading journey

1. Introduction

Bitget, a globally renowned financial trading service platform, is committed to providing investors with diversified and professional trading solutions. Its TradFi feature offers global traders a powerful and comprehensive financial trading environment, covering a wide range of offerings including forex, precious metals, energy, and stock indices. This guide details the key steps for using Bitget TradFi–sign-up, deposits, placing and viewing orders, as well as risk control and liquidation–helping beginners get started quickly and walk users through the essentials.

2. Why trade with Bitget TradFi?

Bitget TradFi stands out with its robust infrastructure and trading resources, giving traders an edge: (1) Deep liquidity: Access to high-liquidity pools ensures efficient and stable trade execution with minimal slippage. (2) Competitive costs: Benefit from tight spreads and low transaction fees, keeping more of your profits. (3) Expert insights: Receive professional market analysis and trading strategies from our specialist team to trade smarter.

3. Account signup

Before you can trade on Bitget TradFi, you'll need to create a TradFi account linked to your Bitget account. To begin trading, navigate to the TradFi section in your Bitget app. First-time users will be guided through signup.

Complete identity verification with a valid identification document, proof of address, and facial recognition.

See more details on account signup here.

4. Account deposit and withdrawal

After you successfully activate your Bitget TradFi account, the platform will create a dedicated account for TradFi trading, ensuring both security and operational independence.

It is important to note that you cannot deposit funds into your TradFi account or withdraw funds from it directly. However, you can transfer funds between your funding account or spot account and your TradFi account through the dedicated TradFi asset page on Bitget.

Bitget TradFi supports only USDT as margin. This means you can transfer only USDT into or out of your TradFi account.

See more details on account deposit and withdrawal here.

5. TradFi trades

1. Select instrument

• Browse available products in the

  Market Quote
  window, including forex pairs (EUR/USD, GBP/USD), gold (XAU/USD), crude oil (USOIL, UKOIL), and stock indices (US30, NAS100). We will keep expanding our offerings to match diversified trader demand.

• Find the product you want to trade, double-click it, or right-click and select

  New Order
  . This will open the order placement interface.

2. Order types

• Market order: Executed immediately at the current market price. Select

  Execute at Market Price
  in the order window, enter the volume (or lots), and click
  Buy
  (going long, expecting the price to rise) or
  Sell
  (going short, expecting the price to fall). Market orders are suitable for traders who need instant transactions and can quickly capture instantaneous price swings in the market.

• Pending order: Include buy limit, sell limit, buy stop, and sell stop orders. For example, set a

  Buy Limit
  at 1.1200 if you expect EUR/USD to bounce from that level. Your order triggers automatically when the price hits your specified level– no need to monitor the markets constantly while enjoying more flexible trading strategies.

3. Manage orders

Tap

in TradFi to review open positions, pending orders, completed orders, canceled orders, and fund records, all in one place.

See more details on order placement here.

6. Understanding slippage

Slippage is an important concept when trading with TradFi (MT5) on Bitget. It refers to the difference between the expected price of an order and the actual execution price. Slippage is common in various trading situations, especially when markets move quickly or are highly volatile. Common causes include execution delays, sudden price swings, and insufficient liquidity at specific price levels.

Although slippage is an inherent trading risk, understanding why it happens and how it affects different order types can help traders build stronger strategies and make better-informed decisions. On Bitget's MT5 platform, limit, stop, and market orders are all executed as market orders once their trigger conditions are met, so slippage may occur in each case.

See more details on slippage here.

7. Risk control and liquidation

1. Risk control tools

• Stop-loss and take-profit: You can set TP/SL prices when placing an order or afterwards for open positions. Stop-loss is used to limit potential losses, while take-profit is used to lock in profits; the position closes automatically when the market price reaches your set stop-loss or take-profit level. Bitget TradFi emphasizes the importance of risk control, and setting appropriate stop-loss and take-profit targets is key to protecting your capital and achieving consistent profitability.

• Trailing stop: This is a dynamic stop-loss method. As the market price moves in a favorable direction for your position, the stop-loss level adjusts accordingly. This helps protect profits while allowing for potential further gains. The trailing stop feature demonstrates the intelligence and flexibility of the Bitget TradFi, adapting to risk management needs under different market conditions.

2. Liquidation mechanism

• The MT5 platform on Bitget TradFi incorporates a liquidation mechanism. When your account's margin reaches a certain level, the system will automatically liquidate some or all of your open positions to prevent your account balance from going negative. This is a protective measure implemented by the platform to maintain overall trading stability and fairness, safeguarding trader capital.

• Margin level: Calculated as (account equity ÷ utilized margin) × 100%. The specific margin level to trigger liquidation may vary depending on the trading instrument and leverage used. For instance, liquidation may be triggered when the margin level falls below 100%. Traders need to monitor their margin level closely, manage positions responsibly, and avoid losses from liquidation.

See more details on liquidation here.

8. Conclusion

This guide has walked you through the essentials on signup, deposit, placing and viewing orders, risk management, and liquidation about Bitget TradFi. With its robust advantages and rich features, Bitget TradFi provides traders with a professional, efficient, and secure financial trading environment. However, trading also involves inherent risks. Before starting live trading, it is advisable to thoroughly do your own research on the markets and trading instruments, practice using a demo account, and develop a sound trading plan and risk management strategy. We wish you success in your financial markets journey with Bitget TradFi.