> For the complete documentation index, see [llms.txt](https://flipper-3.gitbook.io/flipper-docs/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://flipper-3.gitbook.io/flipper-docs/products/deforex-trading.md).

# DeForex Trading

DeForex Trading provides leveraged exposure to traditional financial markets through Flipper.

The current version of Flipper is available on Solana. Support for EVM-compatible networks is planned for future releases.

DeForex includes perpetual markets linked to foreign exchange, commodities, stocks, and equity indices, with USDC used as collateral.

## <mark style="color:$primary;">Supported Markets</mark>

DeForex provides access to a range of traditional financial markets, including:

* Foreign Exchange (Forex)
* Commodities
* Stocks
* Equity Indices

The complete list of supported markets is available directly in the DeForex trading interface and may expand over time.

## <mark style="color:$primary;">Leverage, Collateral, and Trading Hours</mark>

| <mark style="color:$primary;">**Market**</mark> | <mark style="color:$primary;">**Maximum Leverage**</mark> | <mark style="color:$primary;">**Collateral**</mark> | <mark style="color:$primary;">**Trading Hours**</mark> |
| ----------------------------------------------- | --------------------------------------------------------- | --------------------------------------------------- | ------------------------------------------------------ |
| **Forex**                                       | Up to 50×                                                 | USDC                                                | 24/5 (closed on weekends)                              |
| **Commodities**                                 | Up to 100×\*                                              | USDC                                                | 24/5 (with scheduled market breaks)                    |
| **Stocks**                                      | Up to 20×                                                 | USDC                                                | During the underlying market session                   |
| **Equity Indices**                              | Up to 20×                                                 | USDC                                                | During the underlying market session                   |

{% hint style="info" %}
Maximum leverage depends on the specific market.
{% endhint %}

## <mark style="color:$primary;">Market Availability</mark>

Unlike cryptocurrency markets, traditional financial markets follow scheduled trading sessions.

Each market displays its current status within the trading interface:

* **🟢 Open —** Trading is available.
* **🔴 Closed —** Trading is unavailable until the next market session.

When a market is closed, Flipper also displays the estimated time until trading resumes.

## <mark style="color:$primary;">Order Execution</mark>

DeForex orders are automatically routed through the currently supported execution provider.

You do not need to manually choose an execution venue or compare execution conditions.

In the current version of Flipper, DeForex orders are executed through GMTrade.

Unlike cryptocurrency perpetual futures, DeForex orders are currently executed through a single execution venue and do not support Split Execution.

Additional execution providers may be introduced in future releases.

{% hint style="info" %}
**Note**

Trading hours, available markets, and maximum leverage vary depending on the underlying asset and execution provider. The trading interface always displays the current market status before an order is submitted.
{% endhint %}