Today, Bitget announced the launch of Zero-Fee Mode for Bitget CFD. With this new mode, users will get a commission-free account option that the developers say would make CFD trading more flexible.
The launch builds on the recent growth Bitget CFDs have received. In May, the total trading volume of CFDs reached $8 billion. The number is a testament to users’ increased preference for Bitget as a multi-asset trading platform.
Dual-Account Structure = Greater Control
With this announcement, Bitget CFD now offers a dual-account structure. Users will now get more control over how they trade.
Those who want to stick with the existing ECN Mode and tighter volume-based commissions can do so. But with the new Zero-Fee Mode, Bitget developers are targeting users seeking a simple cost structure with standard spreads and no trading commissions.
CFD is Central to How Bitget is Delivering a Multi-Asset Future: Bitget CEO
Talking about the rise of multi-asset trading, Bitget CEO Gracy Chen said that such a form of trading has become a staple of the current trading ecosystem.
“CFD is central to how Bitget is delivering that future,” she said.
The CEO stated that with Zero-Fee Mode, users will get more flexibility when engaging with global markets.
“For Bitget, this movement advances our mission to provide multiple financial opportunities within a single ecosystem,” Gracy Chen added.
The announcement further revealed that Zero-Fee Mode emerged due to users’ demand for more intuitive trading experiences. Thanks to the addition of this mode, users will no longer be limited to a single account, but can choose based on the size of their capital, experience level, and the trading strategy they want to apply.
The New CFD Mode Built on Bitget’s Multi-Asset Momentum
Bitget’s introduction of the new mode follows a string of successes for Bitget CFD. Top industry leaders honored Bitget recently as the Best Global Multi-Asset Trading Platform at the Online Trading Expo.
The platform supports non-crypto assets, with recent activity details showing the platform being used to trade traditional assets 40% of the time on certain days this year.
At the time of writing, Bitget is also gaining traction from users seeking to trade Gold and U.S. indices, such as the NAS100.
Furthermore, the addition of the new mode is also part of Bitget’s UEX vision. It has strengthened the platform’s goal to create an integrated ecosystem that breaks the barriers between traditional assets and cryptocurrencies.
For more information about the launch, visit here.
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