Dear Users,

To further expand trading options and meet diverse user needs, BingX has launched a dedicated Forex Trading section under Perpetual Futures, starting with 10 Forex pairs: EURUSD, USDJPY, AUDUSD, USDCAD, USDCHF, GBPUSD, GBPJPY, EURJPY, NZDUSD, and EURCAD;

You can now trade traditional Forex markets directly with USDT in Perpetual Futures, enjoying up to 500x leverage and better liquidity!

 

Web: Experience Now

App: Please upgrade to version 4.67.0 or above (listing times may vary across app stores, for a consistent experience, we recommend downloading the latest version from the official website)

* Availability will be rolled out to applicable regions gradually, please be patient

 

I. What is Forex Perpetual Futures

The Forex market is a highly liquid global market that allows trading between different currencies. Traders can profit from currency price fluctuations.

Forex Perpetual Futures is a derivative trading product launched by BingX based on Forex trading pairs (e.g., EUR/USD, USD/JPY). With BingX Forex Perpetual Futures, users can trade Forex futures efficiently with low entry barriers using USDT.

 

II. What are the Advantages of Forex Perpetual Futures

1. Higher Leverage 

Up to 500x leverage. Adjust freely to match your strategy and amplify your opportunities.

2. Lower Fees & Better Liquidity 

During the discount period, trading fee rates are as low as 0–0.003%, and industry-leading liquidity is provided.
＊In some regions, the promotional rates gradually end starting from 2026-03-11. Please refer to the fee page for the actual rates displayed.

3. Trade with Ease 

Use USDT to trade perpetual futures directly — faster, simpler, and more efficient.

 

III. Parameters / Mechanisms

1. Funding Rate

The funding rate for Forex Perpetual Futures is the same as for Crypto Perpetual Futures, typically settled every 8 hours between buyers and sellers; if the funding rate is positive, buyers pay sellers; if negative, sellers pay buyers. See funding rate details >>

 

2. Tiered Leverage & Maintenance Margin Rate

Max. Leverage
Position Limit (USDT)
Maintenance Margin Rate
500X
0 - 1,000,000
0.1%
330X
1,000,000 - 2,500,000
0.15%
50X
2,500,000 - 5,000,000
1%
25X
5,000,000 - 10,000,000
2%

⚠️Note
- Due to potential uncertainties in the Forex market during the non-trading session, price gaps may occur when trading resumes. Please note that funding fees will continue to accrue during the non-trading session. To reduce the risk of liquidation, please closely monitor your position risk, add sufficient margin, or partially close your position as needed.
- Five minutes before the non-trading session, the maintenance margin rate will increase by 2.5% on top of the current value (e.g., if the current maintenance margin rate is 1%, it will become 1.025%). This will affect existing positions. Please closely follow the non-trading session time and your position risk to avoid losses from forced liquidation.
- Position limits for Forex Perpetual Futures are calculated independently and do not affect Standard Futures. Please manage your positions according to your actual needs.
-Tiered leverage and maintenance margin parameters may vary for certain pairs. Please go to the related page for specifics.
 

3. Trading Hours

Forex Perpetual Futures has specified opening and closing hours, please go to the related page for specifics.

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⚠️Note

- During the non-trading session, order cancellations are allowed, but opening positions, closing positions, placing new orders, and modifying the price or amount of existing orders are not supported.
- If funding rate deductions during the non-trading session result in insufficient margin, forced liquidation may still occur. Please closely monitor your position risk and add sufficient margin.
- Due to unstable external market data sources and holidays, Forex Perpetual Futures may have temporary non-trading sessions. The actual opening may be delayed until stable market data is available. Please refer to the trading page for the official opening time.
- To ensure trading fairness and system stability, opening both long and short positions simultaneously on TradFi trading products will be prohibited before the market closes. It is recommended to arrange your trading operations in advance. Additionally, before the market closes, the system will dynamically adjust the maximum leverage for new positions. Existing positions are not affected; please refer to the actual trading prompts.

*If malicious trading behavior is detected, the platform will initiate risk control actions on the relevant account(s). Measures include, but are not limited to, deduction of abnormal profits, restriction of trading permissions, and account bans.

- To prevent extreme market movements—such as opening gaps—in forex, commodities, stocks, and index perpetual futures, BingX has introduced an opening protection mechanism. Within the first 5 minutes after the market opens, the system will temporarily cap the Take Profit limit at 20x and automatically close positions. This helps users secure profits in times of extreme volatility. This mechanism is only effective during the first 5 minutes after opening and will return to normal afterward. It will not affect your overall trading strategy.

The “20x Take-Profit Limit” Works as Follows

The Take Profit price under this mechanism is not based on the candlestick chart price but is calculated based on the profit multiple limit of the user’s position.

Maximum Take-Profit Price = Position Margin × Price Corresponding to 20x Profit

This price is a fixed trigger level calculated directly by the system according to the rules. It does not depend on real-time filled prices or whether a candlestick chart level is reached.

*Notes:*

- The real-time margin of the position can be affected by added funds, margin adjustments, funding fees, and other factors, which can lead to changes in the maximum Take Profit price.

- Starting from 2026-01-16, the 20x maximum Take Profit limit will be removed for GOLD and SILVER.

 
 

IV. How to Trade Forex Perpetual Futures

1. Go to the Perpetual Futures trading page and click on Forex.
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2. Select the desired Forex pair.

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3. Check the box to agree to the Customer Agreement and Disclaimer.

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4. Select leverage and order type, enter the amount of the underlying or USDT value, then choose Open Long or Open Short to place the trade.

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V. FAQs

1. Which features are not yet supported in Forex Perpetual Futures?

Currently, Forex Perp Futures do not support Guaranteed Price (trigger order Guaranteed Price/Guaranteed TP/SL), Copy Trading (for some trading pairs), Grid Trading, Martingale, Signal Trading, AI analysis, or Bonus Voucher (only Trial Fund and Position Voucher are supported). Orders can only be placed by quantity or value, not by cost.

 

2. Which regions are restricted from accessing Forex Perpetual Futures?

Due to compliance restrictions, Forex Perpetual Futures are not currently available in the UAE, Czech Republic, Indonesia, United Kingdom, Canada, United States, Hong Kong, Singapore, Cuba, North Korea, the Middle East, and Austria.

 

3. What are the price sources for Forex Perpetual Futures and how is the price calculated?

Market data comes from third-party providers such as IG and Bloomberg. The weighted price calculation is as follows:

forex6.png

 

Pi: Quote from the i-th market data provider

Wi: Weight assigned to the i-th market data provider

∑Wi: Total weight of all market data providers

Pweighted: Calculated weighted price

 

4. What is the trading fee rate for Forex Perpetual Futures

The trading fee rate for Forex Perpetual Futures is calculated separately, with promotional rates as low as 0-0.003%. For more details, please see >>

＊In some regions, the promotional rates gradually end starting from 2026-03-11. Please refer to the fee page for the actual rates displayed.

 

5. How are position value and trading fee calculated for Forex Perpetual Futures?

The position value and trading fee for Forex Perpetual Futures are calculated based on filled amount, filled price, and the middle rate, using the following formulas:

Position value = filled amount × filled price × middle rate 

Trading fee = trading fee rate × filled size × filled price × middle rate

 

For Forex pairs that are not USDT-quoted, when converting to USDT, the Forex price (e.g., EUR/JPY) must be multiplied by the middle rate (e.g., JPY/USDT) to calculate margin, trading fee, funding fee, PnL, and other related values.

 

6. What are the differences between Forex Perpetual Futures and Forex Standard Futures?

 
 Forex Perpetual Futures Forex Standard Futures
Max. Leverage
500X
200X
Trading Fees
As low as 0-0.003%
0.045%
spread
Smaller spread
 Wider spread

 

7. Is there an ADL mechanism for Forex Perpetual Futures?

Yes, there is an ADL mechanism consistent with crypto Perpetual Futures. For more details, please refer to >>

 

8. Is trading volume from Forex perpetual futures included in event/VIP level/voucher unlock statistics?
- Unless otherwise specified, regular events do not include trading volume from Forex perpetual futures (including events in the Rewards Hub).
- Starting from 2026-02-11, TradFi futures trading volume will be converted according to the fee standard of the user's KYC/KYB verification region and included in the "30D Futures Trading Volume" required for VIP level upgrade. The system will automatically retroactively calculate eligible TradFi trading volume from the past 30 days. For details on the conversion ratio and rules for VIP level calculation, please refer to >>
- Excluded from the trading volume threshold for unlocking vouchers.

 

9. Additional Info

During significant macroeconomic data releases or events, financial market volatility is usually greatly increased, and there may be sharp price changes and liquidity fluctuations in a short period. To effectively control trading risk under extreme market conditions and protect users' asset security, BingX will temporarily lower the maximum available leverage for certain trading pairs in the TradFi section during relevant time windows, and will dynamically restore it depending on market conditions.

Please monitor key data and event schedules in advance, manage your positions and margin prudently, and avoid unnecessary risk exposure from extreme market volatility.

BingX will continue to monitor market dynamics and promptly adjust relevant parameters based on risk conditions. Thank you for your understanding and support.

 

 

BingX Operation Team
 
BingX Official Channels
BingX Web: https://bingx.com
 
Risk Warning:
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