I. Copy by Position Ratio

Copy by Position Ratio mode replicates traders' orders by proportion, maximizing alignment with their results.


When copying an "Open" order in this mode, the proportion of funds allocated to the copy order will be the same as the trader's.
Opening Ratio = Trader's Opening Margin / Trader's Available Margin


When copying a "Close" order in this mode, the proportion of the closing amount will be the same as the trader's.
Closing Ratio = Trader's Closing Amount / Trader's Position Size

 

1. Opening Position

  Copy Order Type Amount
Copy with Slippage IOC Limit Order

Formulas:
- Opening Ratio = Trader’s Opening Margin / Trader's Available Margin
- Copier's Opening Margin = Copier's Available Margin * Opening Ratio
- Copier's Opening Amount = Copier's Opening Margin / [Open Price * (1/Leverage + Taker Fee Rate)]
- Copier's Order Size = max (Copier's Opening Amount, Minimum Opening Amount)

Note:
- If the opening amount is below the minimum threshold, the order size will be adjusted to the minimum amount.
- If the copier's position value exceeds the maximum allowed, it will be capped at the maximum.
Copy with 0 Slippage 0 Slippage Order

Example: If the trader's available margin is 2,000 USDT and they use 1,000 USDT as margin to open a position, the opening ratio is 50%. If your available margin is 1,000 USDT, the system would allocate 500 USDT as your opening margin to copy the trader's position.
 

2. Closing Position

  Copy Order Type Amount
Copy with Slippage Market Order

Formulas:
- Closing Ratio = Trader’s Closing Amount / Trader's Position Size
- Copier's Closing Amount = Copier's Position Size * Closing Ratio
- Copier's Order Size = max (Copier's Closing Amount, Minimum Closing Amount)

Note:
- If the closing amount is below the minimum, the order size will be adjusted to the minimum closing amount.
Copy with 0 Slippage 0 Slippage Order

Example: Assume the trader holds 2 BTC and closes 0.4 BTC, which is 20% of their total position. If you hold 1 BTC, the system will close 20% of your position, equivalent to 0.2 BTC.
 

II. Copy by Per Order

Copy by Per Order mode replicates the trader's order based on the per-order margin set by the copier, enabling precise control of the copy position size.
 

1. Opening Position

  Copy Order Type Amount
Copy with Slippage IOC Limit Order

Formula:
- Order Size = Copier’s Per-Order Margin / Order Price * (1 / Leverage + Taker Fee)

Note:
- If the margin per order is insufficient to meet the minimum opening amount, the order will be canceled.
- If the copier's position value exceeds the maximum allowed, it will be capped at the maximum.
Copy with 0 Slippage 0 Slippage Order
 
Example: Suppose the copier sets a per-order margin of 30 USDT with available copy trading funds of 90 USDT. Whenever the trader opens a position, the system will allocate 30 USDT as margin and calculate each copy order's size based on this margin. The copier can have up to 3 copy orders at the same time.
 

2. Closing Position

  Copy Order Type Amount
Copy with Slippage Market Order

Formulas:
- Closing Ratio = Trader’s Closing Amount / Trader's Position Size
- Copier's Closing Amount = Copier's Position Size * Closing Ratio
- Copier's Order Size = max (Copier's Closing Amount, Minimum Closing Amount)

Note:
- If the closing amount is below the minimum, the order size will be adjusted to the minimum closing amount.
Copy with 0 Slippage 0 Slippage Order
 
Example: Assume the trader holds 2 BTC and closes 0.4 BTC, which is 20% of their total position. If you hold 1 BTC, the system will close 20% of your position, equivalent to 0.2 BTC.
 

Ⅲ. FAQs

1. What’s the difference between "Copy by Position Ratio" and "Copy by Per-Order"? How do I choose?

Copy by Position Ratio mode replicates the trader's order by proportion, maximizing alignment with the trader's PnL.
Copy by Per Order mode replicates the trader's order based on the per-order margin set by the copier, enabling precise control of the copy position size.

2. Does copy trading support Futures Trial Funds?

Yes. When creating a copy order and transferring funds from your Perpetual Futures Account, Trial Funds will be used first. Offset rules of Trial Funds align with your Perpetual Futures Account.

3. What are the conditions for the Subsidy Voucher payout?

When settling your Subsidy Voucher, if your copied order is at a loss, the voucher covers losses up to its face value.

4. Why did my copy order not go through?

- Trader uses Multi-Assets Mode
- Trader uses One-Way Mode
- Trader’s trading pair isn’t supported for copying
- Trader' limit orders or TP/SL limit orders aren’t fully filled
- Your account has insufficient margin
- Your position exceeds the max allowed value
- Execution price exceeds your max slippage
- Execution price hits the system’s 0-slippage cap
- System maintenance, network issues, or extreme volatility

5. Will the copier's copy trading ROI always match the trader’s?

Not necessarily. Differences in ROI can occur due to factors such as price slippage, profit sharing, copy timing, unsupported trading pairs, etc.

6. Will the copier’s position risk ratio always match the trader’s?

Not necessary. As both traders and copiers can freely adjust their funds, and PnL results cannot be guaranteed to match 100%, the position risk ratio may differ. For example, there may be cases where the trader avoids liquidation, but the copier's position gets liquidated.

7. What is the position limit for copy trading?

The maximum position limit for a copy trading demo subaccount is the same as that of the main account.

8. Is copy trading PnL included in the PnL analysis?

PnL analysis is currently not supported for copy trading.

9. What is the fee rate for copy trading subaccounts?

The trading fee rate for copy trading subaccounts defaults to the VIP 0 level.

10. Is there a limit to the number of copiers a trader can have?

Yes, under the new copy trading system, each trader can have up to 2,000 copier.