Bifu Exchange CFD (TradFi) Trading Process: A Complete Guide

Bifu is a comprehensive multi-asset trading platform that supports cryptocurrencies, spot trading, futures, and TradFi (Traditional Finance) CFD products. The CFD section covers forex, precious metals, commodities, indices, and stock Contracts for Difference (CFDs). Traders can access all markets using a single account and single margin. Below is a detailed step-by-step guide to the Bifu CFD trading process, ideal for beginners.

Preparation: Registration and Account Activation

1. Access the Platform on your browser or download the official Bifu App.

2. Sign Up and Log In Click “Sign Up” to register with your email or phone number and complete verification. Enable 2FA (two-factor authentication) immediately for enhanced security.

3. Complete KYC Verification Submit identity documents, proof of address, and complete facial recognition. This step is required to unlock full CFD trading permissions.

4. Activate TradFi/CFD Account After logging in, go to the Trade section and select TradFi or Forex/Commodities. First-time users will be guided to create a dedicated CFD sub-account linked to your main Bifu account.

Funding Your Account

1. Deposit to Main Account Fund your spot or funding wallet using supported methods, primarily USDT.

2. Transfer to CFD Account Navigate to the Assets or transfer page and move USDT from your main account to the TradFi/CFD account. Note: CFD accounts typically only support USDT as margin. Direct external deposits or withdrawals to the CFD account are not available — all movements go through the main account.

3. Check Balance Verify your available margin and equity in the TradFi interface.

Placing Trades

1. Enter the Trading Interface

   1. App: Tap “Trade” → Select “TradFi” or “Forex/Commodities”.

   2. Web: Go to Markets → Choose the TradFi category.

2. Select an Instrument Browse or search for trading pairs such as:

   1. Forex: EUR/USD, GBP/USD

   2. Commodities: XAU/USD (Gold), USOIL (Crude Oil)

   3. Indices: US30, NAS100

   4. Stock CFDs: AAPL, etc. Click on the instrument to open the chart.

3. Order Execution

   1. Market Order: Click “Buy” (long) or “Sell” (short), enter the lot size, and confirm for instant execution.

   2. Pending Order: Choose Limit or Stop orders, set your target price, volume, and expiry.

   3. Advanced Settings: Add Stop Loss, Take Profit, or Trailing Stop simultaneously.

   4. Review the required margin based on selected leverage and submit the order.

4. Order Management

   1. Monitor open positions in the Positions tab.

   2. View pending orders in the Orders tab.

   3. Close positions manually, modify stops, or partially close trades with one click.

Position Monitoring and Closing

• Continuously track margin level, floating P&L, and risk ratio.

• Close positions manually or let Stop Loss/Take Profit execute automatically.

• Profits and losses are settled directly into your CFD account balance.

Withdrawal Process

1. Transfer profits from the CFD account back to your main funding wallet.

2. Withdraw from the main account to your external wallet (e.g., USDT).

3. Be aware of platform review times and any applicable fees.

Key Risk Management Practices

• Liquidation Mechanism: Positions may be forcibly closed if margin level drops too low.

• Costs: Monitor spreads, overnight swap fees, and commissions.

• Practice First: Use the Demo account to master the full process.

• Leverage Control: Beginners should start with lower leverage and avoid overexposure.

Conclusion

Bifu’s CFD (TradFi) trading process is streamlined and efficient, powered by a unified account system and professional interface. From registration to withdrawal, most operations can be completed seamlessly within the same app or website. The platform prioritizes risk management — always trade responsibly, control your position sizes, and only use capital you can afford to lose.