Key facts
- Bitget has launched new Contracts for Difference (CFD) trading features.
- Users can now access copy trading directly from the trading screen.
- The platform supports copy trading for forex, commodities, precious metals, and stock indices.
- A tiered margin framework has been implemented, adjusting requirements based on total notional exposure.
- Performance metrics for traders are displayed to aid user comparison.
- Trades are now organized in a dedicated 'copied positions' tab.
Crypto exchange Bitget has significantly upgraded its Contracts for Difference (CFD) trading platform with the introduction of integrated copy trading and a tiered margin framework. These enhancements are designed to streamline the trading experience on leveraged markets, offering users greater transparency and control.
The new features allow traders to engage in copy trading directly from the main trading screen, eliminating the need to navigate to separate sections. This functionality extends across various asset classes, including foreign exchange, commodities, precious metals, and stock indices. The platform has also refined its margin calculation system, moving to an exposure-based structure where margin requirements are tiered according to the total notional exposure of an account.
Bitget CEO Gracy Chen stated that the updates aim to simplify trading for users diversifying across markets, ensuring transparency and effective risk management. She emphasized that accessing market information, evaluating experienced traders, and managing positions can now occur within a single workflow. Chen also highlighted that capital requirements should reflect position size, and these updates provide users with clearer insights into capital deployment and risk management.
The platform now features a 'Popular Traders' panel on every CFD page, showcasing performance metrics such as 30-day returns and copier activity. This allows users to compare traders before deciding to follow them. If a specific market lacks available traders to follow, users will be directed to the platform's broader copy trading leaderboard. Additionally, a new 'copied positions' tab within the CFD interface distinguishes copied trades and groups them by the followed trader, enabling easier portfolio monitoring based on unrealized profit/loss or position value.