Stocks FAQ | Gate

Below are frequently asked questions about Gate Stocks. If anything differs from what is displayed on your account pages or in any announcement, the pages and announcements take precedence.

I. Product and Eligibility

What is Gate Stocks?

Gate Stocks is the stock and ETF trading capability offered by Gate under TradFi. You can use USDT to buy, hold, and sell within the platform, without needing to open a separate traditional brokerage account.

What instruments can I trade?

Trading is limited to the instruments listed on the Gate Stocks page, which covers stocks and ETFs listed on major exchanges such as Nasdaq, NYSE, HKEX, and KRX.

Who can use Gate Stocks?

You must meet Gate's identity verification (KYC) and regional eligibility requirements for TradFi services.

Am I actually buying real stocks?

You manage buying, selling, and positions within your Gate Stocks Account and are entitled to the economic rights associated with your positions (such as cash dividends, stock splits, and reverse stock splits, which are handled according to the rules).
You are not registered as a shareholder in your own name in the shareholder registry of the U.S.-listed company.

Can I short sell or buy on margin?

No. Only buying and selling (closing positions) are supported. Margin short selling and margin buying are not available.

II. Funds and Accounts

What currency is used for trading?

Trading and settlement are conducted in USDT. You need to transfer USDT to your Stocks Account before buying.

Where can I transfer funds to my Stocks Account from?

You can transfer USDT from your Spot Account or Unified Account to your Stocks Account, and also transfer funds back to the Stocks Account.

Is the Stocks Account the same as the CFD Account?

No. Stocks trading uses a separate Stocks Account, which is segregated from the TradFi CFD Account. Funds need to be transferred separately.

Can I view market data without transferring USDT?

You can browse market data, but you cannot place buy orders. Please transfer USDT to your Stocks Account first.

What happens if my balance is insufficient?

If your available balance is insufficient when submitting a buy order, the order will not be submitted and the page will show an insufficient balance notice.

III. Trading and Orders

Where do I access Gate Stocks?

Common entry points include: TradFi → Stocks, the market selector, homepage market data, and asset search.

What order types are supported?

Currently, Market Orders and Limit Orders are supported.
Take-profit and stop-loss orders are not available at this time.

Can I modify or cancel orders?

Limit orders support modification and cancellation; pending market orders can be canceled.

How do I sell existing positions?

In Positions, select Close Position or Close All at Market (market sell logic), or select Sell on the candlestick chart trading page.

Why can't I click the Buy/Sell button?

The most common reason is the market is closed. Some stocks only allow new orders during regular trading hours; when the market is closed, the buttons are unavailable, but you can usually still view market data and positions.

Why is my order still open and unfilled?

Market Orders: They may be in a partially filled or pending status, for example, if they cannot be fully executed immediately. Refer to the order details for the exact status.
Limit Orders: For buy orders, if the limit price is below the lowest ask in the order book; For sell orders, if the limit price is above the highest bid in the order book—these will not match and therefore won't be filled.

Why is my fill price different from the page's "Latest Price"?

The Latest Price is used for market data display and P&L calculation.

The fill price for stocks is determined by factoring in multiple elements, including real-time market conditions, order book quotes, and currency conversion costs. All orders are ultimately settled based on actual fill records.

Can I place orders in pre-market or after-hours?

Only stocks that allow pre-market/after-hours trading or 24-hour trading support new orders in pre-market or after-hours sessions. Market orders placed during market closure will automatically become active when the market opens.

IV. Trading Sessions

When can I trade?

Some stocks only allow new buy, sell, close position, and market orders during regular trading hours. Refer to the page display for specific market open and close times. Trading during low-liquidity periods may result in significant slippage, so please trade with caution.

What can I do when the market is closed?

You can view market data, positions, orders, and trading records, but you cannot place new orders. The market data area usually shows "Market Closed."

V. P&L and Pricing

How are position P&L and daily P&L calculated?

Position P&L ≈ ( Latest Price − Position Cost Price ) × Number of shares held
Daily P&L is the current day's floating P&L of your current positions

There are two types of position cost price. What's the difference?

You can choose in Settings → Trading Settings:

Position P&L figures may differ depending on the selected option. Refer to your current settings.

What Latest Price options are available?

You can choose in Settings → Trading Settings:

Why does my P&L differ from other apps?

Common reasons include differences in cost price methodology (average/diluted), latest price methodology (regular session/pre-market and after-hours), whether fees are included, and the exchange rate used for display. Please refer to the figures in your Gate Stocks Account and your settings.

What is Net Asset Value (NAV)?

Net Asset Value (NAV) = Position market value + Available balance in your Stocks Account (varies with market movements).

VI. Corporate Actions

What are corporate actions?

Corporate actions are arrangements made by listed companies regarding shareholder rights for events such as dividends, stock splits, reverse stock splits, and mergers/acquisitions. Gate Stocks focuses on handling the economic rights associated with your positions.

Do I need to take any action for corporate actions?

In most cases, no. The platform processes them automatically according to announcements and rules, and the results are reflected in positions, fund flow records, and elsewhere.

How are cash dividends credited?

In most scenarios, cash-related economic benefits are credited in USDT to your Stocks Account fund flow records (for example, under types such as dividend distribution, depending on the page wording). The crediting time and amount are subject to fund flow records and announcements.

Are dividends paid in USD or USDT?

In your Gate Stocks Account, dividends are generally reflected in fund flow records in USDT.

After a stock split or reverse stock split, the share count changes. Why does the cost price change too?

The number of shares and the price per share are adjusted proportionally according to the corporate action; the displayed cost price is updated according to platform rules and the average/diluted methodology you selected.

Where can I find corporate action rules?

Specific events are subject to Gate's announcements for that instrument and the actual results in your account.

VII. Fees

Are trading fees charged?

$0 commission for U.S. stock trading
For stocks in other markets, trading fees are charged as a percentage of the transaction amount based on the fee rate corresponding to your VIP level, which is the same as the spot trading fee rate.
Actual fees and fill results are subject to fund flow records. See 我的费率 for specific fee rates.
Settlement is in USDT.

Where are fees deducted from?

Generally, fees are deducted from the available balance in your Stocks Account when the trade is executed, or reflected in trade settlement according to platform rules. Refer to fund flow records.

VIII. Differences from Other Products

What's the difference between Gate Stocks and CFD?

What's the difference between Gate Stocks and stock tokens?

Stock tokens are U.S. stock asset-anchored tokens issued by RWA tokenization companies. They typically offer fewer selectable assets (a few hundred), and liquidity is limited by the actual token issuance volume.
Gate Stocks involves trading real U.S. stock assets. Through the Omnibus model and partnerships with U.S. licensed brokers such as Alpaca, trades are executed on major U.S. stock and ETF exchanges, with support for more than 10,000 stocks and ETFs (gradually expanding), far exceeding the asset coverage of RWA tokens.
During regular trading hours, aside from large orders, users are directly provided with liquidity depth from major U.S. stock exchanges and the National Best Bid and Offer (NBBO), significantly reducing the liquidity and slippage issues associated with trading stock tokens.

IX. Record Inquiries and Customer Support

Where can I view fills and fund flow records?

Trading Records: Current orders, historical orders, and fund flow records.
Positions: Current holdings and P&L.

Stock Homepage: Overview of NAV, position market value, daily P&L, and more.

What should I do if I have questions about a specific fill or dividend?

Please prepare the time, instrument, and relevant order or fund flow details, check whether there is a corresponding announcement, and contact customer support. The amount and status of each transaction are subject to fill records and fund flow records.

Can product rules change?

They may be adjusted (including fee rates, supported instruments, and corporate action handling). Please refer to Gate's latest announcements and page displays.

Disclaimer

The content provided herein is for reference and educational purposes only and does not constitute any financial, investment, trading, or legal advice, nor does it constitute an offer or solicitation to buy or sell any digital assets. Gate makes no express or implied representations or warranties regarding the accuracy, completeness, or timeliness of the information contained herein. Product features, interfaces, rules, and fee structures may be updated or adjusted at any time. Please refer to the latest announcements and the actual information displayed on the Gate platform for the most accurate details.
Digital asset investments involve significant risk, and prices may fluctuate substantially. You may lose the entire amount of your investment. Please make decisions cautiously based on your own financial situation and risk tolerance after fully understanding the associated risks. If necessary, you are advised to consult an independent professional financial or legal advisor.
For more information about potential risks, please refer to Gate's Risk Disclosure and User Agreement.

Stock FAQ ｜ Gate