CFD Trading Risk Control – BingX

Dear Users,

Thank you for choosing BingX CFD trading services. CFDs are leveraged derivatives with relatively high risk. The platform has multiple risk control mechanisms in place to help protect your funds. To further improve the stability and fairness of CFD trading and reduce potential risks to the trading system and user assets caused by extreme market conditions, BingX provides an overall explanation of the CFD trading risk control rules. Please read the following content carefully and plan your trades accordingly before participating.

1) Margin System

1. Account denomination and funds

BingX CFD uses USDx as the account denomination and settlement currency. USDx is pegged to USDT at a 1:1 ratio, with deposits automatically converted into USDx and withdrawals automatically converted back to USDT.

2. Key account metrics

Metric	Calculation Formula
Account balance	Deposits ± realized PnL ± commission ± swap fee ± other
Equity	Account balance + unrealized PnL − total swap fees
Margin used	Total margin used by all current positions
Available margin	Account equity - margin used
Margin ratio (%)	（Account equity ÷ margin used) × 100%

3. Tiered margin

BingX CFD uses a tiered margin mechanism. The larger the position size, the higher the required margin ratio.

Basic formula:

Required margin = Position risk exposure × Margin requirement (%)

Position risk exposure = Average open price × Lots × Contract size

For the specific contract size and margin ratio of each asset, check the "Info" section on the trading page.

4. Margin rules for hedged positions

BingX CFD supports hedge mode for the same asset (hedging):

Full hedge (equal buy and sell lots for the same asset): margin is only required for the larger position side.
Partial hedge (different buy and sell lots for the same asset): the hedged portion is calculated based on the hedged lots, while the excess portion is calculated based on the unhedged lots.

Hedging can reduce margin usage, but your account equity can still change due to spreads and swap fees. Make sure you have sufficient available margin before opening a hedged position.

5. Trigger orders do not use margin

Unfilled trigger orders do not use margin. Margin is used only when the order is actually filled.

2) Margin Call Warning

When your account margin ratio is 100% or below, the system issues a margin call warning. If you receive a margin call warning, we recommend taking one of the following actions immediately:

Add funds to your CFD account to increase your account equity.
Close positions proactively to reduce margin used.

A margin call warning is only a risk warning. The system does not automatically close positions at this stage. However, if your account condition keeps deteriorating and no action is taken, liquidation will be triggered.

3) Liquidation Mechanism (Stop Out)

1. Trigger condition

When your account margin ratio is 50% or below, the system automatically triggers liquidation (margin close-out):

Margin ratio = (Account equity ÷ Margin used) × 100%

2. Execution rules

Item	Description
Trigger threshold	Margin ratio ≤ 50%
Liquidation order	Positions with the largest losses are closed first
Close price	Buy positions are closed at the best bid price Sell positions are closed at the best ask price
Stop condition	Positions are closed one by one until the margin ratio rises back to above 50%

3. Important notes

Liquidation is executed automatically by the system, with no manual intervention required.
During market gaps or extreme volatility, the actual close price may deviate from the market price at the time of triggering liquidation.
Setting trigger orders can help manage risk, but they do not guarantee that liquidation can be completely avoided.
Swap fees are automatically deducted from your account equity daily. If the margin ratio falls below 50% after the deduction, liquidation is also triggered.

4. Negative balance protection

If extreme market conditions cause your account balance to go negative, the system automatically resets it to zero, and you don't need to cover the excess loss.

5. Tips to reduce liquidation risk

Control position size: avoid using excessive leverage.
Set trigger orders: add stop loss conditions to your positions.
Diversify your trading assets: avoid concentrating risk in a single asset.
Maintain a sufficient available margin: make sure your account equity stays well above the margin used.
Watch the major events calendar: reduce your position size appropriately before high-volatility events.

4) Position and Leverage Limits During Major Events

To protect users from extreme volatility triggered by major news events, BingX will temporarily adjust leverage and position limits before and after specific major events:

Adjustment Item	Description
Maximum leverage reduction	Temporarily lower the maximum available leverage for affected assets
Margin requirement increase	Temporarily raise the margin ratio required for new positions
Narrowed maximum position limit	May temporarily reduce the maximum lot limit for a single asset
New position restrictions	May suspend new positions for specific assets under extreme conditions

Important note:

Temporary restrictions usually take effect a few hours before the event and are removed once the impact of the event has subsided.
Leverage or position limits alone will not trigger liquidation, but higher margin requirements may lower the margin ratio. If it falls below 50%, liquidation will still be triggered.
The platform will provide advance notice through announcements or in-site notifications. We recommend keeping an eye on the BingX Announcement Center.

5) Definition of Abnormal Trading Behavior and Risk Control Cases

To maintain market fairness and trading order, BingX strictly prohibits any behavior that uses system mechanisms, gaps in market liquidity, or technical means to conduct abnormal trading or obtain improper gains.

The platform will continuously monitor trading behavior patterns. If the platform identifies trading patterns that undermine market fairness or affect normal market liquidity, it reserves the right to impose risk control restrictions as appropriate.

Abnormal trading behaviors include but are not limited to the following:

- Using leverage to establish abnormal positions within a short period.
- Coordinating trades across linked accounts to disrupt normal trading on the platform, or exploiting the quoting mechanism to gain improper profits.
- Disrupting normal system operation or gaining an unfair execution advantage through wash trading, frequent order placement and cancellation, or similar methods.
- Exploiting system or network latency to gain abnormal execution advantages during rapid price changes.
- Concentrated trading before or after market open, market closure, or system maintenance periods to profit from short-term volatility.
- Frequently executing short-term trades during low liquidity or abnormal volatility to obtain abnormal returns.
- Other trading behaviors identified as abnormal or undermining market fairness.

Below are examples of trading behaviors that may trigger a platform risk control review or trading restrictions (these examples are for illustration only and are not exhaustive):

- Opening short-term positions around times when price jumps may occur, such as at market open, when weekend market closures end, or during trading session switches, and quickly closing positions to take profit after rapid price moves.
- Engaging in abnormal trading within a very short period before or after the release of major economic data or sudden market events, by frequently placing and canceling orders or repeatedly opening and closing positions to exploit momentary market volatility.
- Opening both long and short positions on the same trading asset or highly correlated assets within a short period, combined with repeated opening and closing of positions, to obtain abnormal trading gains.
- Deliberately choosing trading periods with lower market liquidity (such as market open or market closure) to carry out ultra-short-term frequent trading when market depth is thin or liquidity is weak.
- Using network conditions, server deployment, or technical means to consistently gain abnormally favorable executions during rapid price changes, generating stable yet abnormal short-cycle trading gains.
- Exhibiting clear automated high-frequency trading characteristics by placing orders, canceling orders, or opening and closing positions at scale in an extremely short time, producing many invalid orders and potentially affecting trading system stability.
- Attempting to affect normal trading on the platform or mislead market trading activity through wash trading across multiple accounts or similar methods.

6) Abnormal Trading Monitoring and Handling

To maintain orderly trading on the platform and protect the trading environment for regular users, BingX will continuously monitor potentially abnormal or malicious trading behavior.

If the platform identifies trading behavior that violates platform rules or maliciously exploits system mechanisms, it will initiate risk control measures based on the actual situation. The specific measures taken will be determined based on the circumstances. Including but not limited to:

- Deduct abnormal profits.
- Restrict some or all trading permissions.
- Suspend related account features.
- Ban the account.

7) Other Risk Control Information

In CFD markets, price volatility and liquidity can change rapidly during market open, market closure, and major event releases. BingX will continue to optimize related risk-control mechanisms to reduce system and trading risks while safeguarding market liquidity. The platform may temporarily adjust risk control parameters due to system upgrades or abnormal market conditions, and will provide advance notice whenever possible before making adjustments.

Before trading, please fully understand the characteristics of the relevant products, reasonably control leverage and position size, and pay attention to market volatility risks. Please refer to the actual trading page for the specific trading rules and parameters. You can also go to Account Settings to check your current risk control level and restriction status.

For more details, please refer to:

Terms & Conditions

BingX CFD products are currently available to users in specific regions who meet the eligibility requirements. Availability is subject to the platform's actual features. Some regions may not have access due to regulatory requirements.
Leverage multiples, margin ratios, trading hours, and fee structures for each trading asset may be adjusted based on market conditions. Refer to the platform's real-time announcements for the latest information.
The MT5 trading server will undergo scheduled restart maintenance after market close every Friday. This is routine system maintenance, please plan your trades in advance.
During market closures (including holidays and special events), trading for the corresponding assets will be suspended and will automatically resume once the market reopens.
BingX reserves the right to final interpretation of this announcement, including any rule modifications, updates to terms, or cancellations.
Multilingual translations of the product page rules may differ. If there is any discrepancy, the English original prevails.
Any updates to the information above will be announced separately. If you still have questions about CFD, contact our customer support at any time. Thank you for your understanding and support.

Risk Warning:

Cryptocurrencies are highly volatile and may involve various risks, including market risk, project risk, technical risk, and compliance risk. You may incur investment losses. Note the risks and invest cautiously. BingX will continue improving its trading experience and product services. Thank you for your support and understanding.

BingX Operation Team

2026-08-20

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Risk Disclaimer

The cryptocurrency market carries high risk. Understand the risks and invest only in products you are familiar with. Before investing, carefully consider your investment experience, financial situation, investment objectives, and risk tolerance. Consult a professional independent investment advisor before making a decision. The information on this page is for reference only and should not be considered investment advice. Past performance is not a reliable indicator of future performance. You should be aware that the market value and returns of investment products may fluctuate. You may lose the entire amount you invested. You are solely responsible for your investment decisions. BingX is not responsible for any losses you may incur.

BingX takes compliance seriously and strictly follows regulatory requirements in each region. Please follow the laws and regulations in your country or region. BingX reserves the right to amend, change, or cancel this announcement at any time and for any reason without prior notice.

For more information, please refer to the Terms of Use and Risk Warning.