When a copy trader successfully follows a lead trader, the system will automatically replicate the lead trader's USDⓈ-margined contract trades for the copy trader.
Rules on Opening and Closing Position
1. Opening Positions:
| Order types of lead traders | How to trigger and copy trades | Order types of copy traders |
|---|---|---|
| Market orders (including market and market stop orders) | Triggered immediately | IOC (Immediate-Or-Cancel) limit orders, with the limit set to the slippage upper/lower bounds |
| Limit orders (including limit and limit stop orders) | Triggered when the order is fully executed | IOC (Immediate-Or-Cancel) limit orders, with the limit set to the slippage upper/lower bounds |
2. Closing Positions:
| Order types of lead traders | How to trigger and copy trades | Order types of copy traders |
|---|---|---|
| Market orders (including market and market stop orders) | Triggered immediately | Market orders |
| Limit orders (including limit and limit stop orders) | Triggered when the order is fully executed | Market orders |
How to Calculate the Position Size when Copying Trades?
1. Proportional Copy Mode
The calculation for the copy trader's position opening and closing ratio is: Copy Ratio = Copy Trader’s Account Equity / Lead Trader’s Account Equity
(1) Examples
- Scenario A: The lead trader's account equity balance is 1,000 USDT, and they use 500 USDT to open a position (accounting for 50% of their account equity). If the copy trader follows with 500 USDT, the system will open a position with 250 USDT for the copy trader.
- Scenario B: The lead trader holds a position of 1 BTCUSDT and closes 20% of it (0.2 BTC). If a copy trader holds a position of 0.6 BTC, the system will automatically close 20% of the position (0.12 BTC).
(2) Notes:
- Copy trading margin and leverage are only supported to follow the leading trader.
- There is no guarantee that the entry prices for copy traders will exactly match those of the lead traders. Slippage may affect the actual position size, resulting in a smaller position than proportionally expected.
🔗 Learn More: Leverage and Margin Explanation for USDⓈ-Margined Contracts >>
2. Precise Replication
Even when the lead traders change their trading direction, both new and existing copy traders can precisely synchronize their positions to align with the lead trader's strategy direction, including:
(1) When both the lead trader and the copy trader have open positions, if the lead trader closes their position and switches direction, the copy trader will automatically close their position and switch direction accordingly.
(2) When the lead trader has an open position but the copy trader does not, if the lead trader closes their position and switches direction, the copy trader will only follow the new trade.