Late at night at 11 PM, Apple releases an unexpectedly strong earnings report. The trading interface of traditional brokerages shows "After-hours trading has ended," and you can only watch the fluctuating numbers, waiting for the market to open tomorrow. At the same moment, Gate users are using USDT in their accounts to close AAPLON long positions, transferring profits in real-time to gold CFD positions.
These are snapshots of two financial worlds. The fundamental differences between Gate TradFi and traditional brokerages go far beyond "whether to wait 3 days to open an account." Below, we will analyze this ongoing cross-sector restructuring from four dimensions: capital logic, trading rules, asset nature, and compliance architecture.
TradFi Account and Capital System
Traditional brokerages' account structures are physically isolated. If you want to trade US stocks, forex, and gold, you usually need to:
- Open a securities account (waiting several days for approval, and sometimes mailing signed documents);
- Open a foreign exchange margin account