The Fixed-Ratio Copy Trading Subsidy Voucher is a type of Copy Trading Subsidy Voucher. This article covers the subsidy rate, maximum subsidy amount, usage rules, and subsidy examples for the Fixed-Ratio Copy Trading Subsidy Voucher. To learn the basic concepts, usage method, and settlement method of the Copy Trading Subsidy Voucher, read the article above first.

 

What Is a Fixed-Ratio Copy Trading Subsidy Voucher?

The Fixed-Ratio Copy Trading Subsidy Voucher is a voucher that provides loss protection based on a percentage of the copy trading principal.

After you use a Fixed-Ratio Copy Trading Subsidy Voucher, if the corresponding copy trading incurs a loss, the system will calculate the actual subsidy at settlement based on your copy trading principal, the voucher's subsidy rate, and the maximum subsidy amount.

 

How Is the Subsidy Calculated for the Fixed-Ratio Copy Trading Subsidy Voucher?

The subsidy amount is the minimum of the following three values:

  • Actual copy trading loss.
  • Copy trading principal × voucher subsidy rate.
  • Maximum subsidy amount of the voucher.
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Calculation:

Subsidy amount = min (absolute value of actual loss, copy trading principal × subsidy rate, maximum subsidy amount)

Of which,

  • Actual loss: the copy trading loss ultimately determined by the system through automatic subsidy voucher settlement.
  • Copy trading principal: the copy trading margin actually invested by the user, excluding the value of leveraged positions.
  • Subsidy rate: the rate shown on the voucher page applies.
  • Maximum subsidy amount: the highest amount a single voucher can pay out.

The subsidy amount will be truncated down to 8 decimal places.

 

How Does the Fixed-Ratio Copy Trading Subsidy Voucher Work?

The Subsidy Voucher is settled automatically by the system. After settlement, you will receive an in-site message informing you whether the Subsidy Voucher is paid out and the subsidy amount. All subsidies will be issued to your Fund Account. You can check it in the Asset Records.
The Subsidy Voucher will be settled automatically in the following scenarios:
a. Subsidy Voucher expires
If the Subsidy Voucher expires and the copier's PnL (while the Subsidy Voucher is in use) is negative, the settlement amount will be paid. On the other hand, if the copier's PnL is positive and there are no losses incurred, there will be no subsidy payout.
b. The requirement to use the voucher is not met after the user reduces the copy trading funds
If the copy trading fund is lower than the minimum amount requirement, and the copier's PnL (while the Subsidy Voucher is in use) is negative, the settlement amount will be paid. On the other hand, if the copier's PnL is positive and there are no losses incurred, there will be no subsidy payout.
c. Automatic Subsidy Voucher settlement followed by the end of a copy relationship
The copier stops copying the trader
If the copier's PnL (while the Subsidy Voucher is in use) is negative when the copier stops copying the trader, the settlement amount will be paid. On the other hand, if the copier's PnL is positive and there are no losses incurred, there will be no subsidy payout.
The trader ceases copy trading
If the trader stops sharing their trades and the copier's PnL (while the Subsidy Voucher is in use) is negative, the settlement amount will be paid. On the other hand, if the copier's PnL is positive and there are no losses incurred, there will be no subsidy payout.
The user is removed from the trader's private copier list
If the user is being removed from the copier list by traders who share trades privately with invited copiers and the copier's PnL (while the Subsidy Voucher is in use) is negative, the settlement amount will be paid. On the other hand, if the copier's PnL is positive and there are no losses incurred, there will be no subsidy payout.
 

How to Check the Estimated Subsidy Amount?

  • On the Copy Trading Plaza, click "My data" --> "My Copies" --> "Ongoing".
  • As shown in the image, click the green subsidy amount to view the estimated payout in the pop-up window.

The amount shown on the page is a real-time estimated payout. The actual payout is based on the final loss amount.

 

Subsidy Examples

Assume the user holds one voucher:

Subsidy rate: 5%

Maximum subsidy amount: 500 USDT

Example 1: Loss is less than the maximum subsidy amount

Copy trading principal: 1,000 USDT

Actual loss: 30 USDT

Proportional calculation: 1,000 × 5% = 50 USDT

Subsidy amount:

min(30, 50, 500) = 30 USDT

Since the actual loss is only 30 USDT, the payout is based on the actual loss, with no excess payout.

Example 2: Loss is greater than the proportionally calculated amount

Copy trading principal: 1,000 USDT

Actual loss: 200 USDT

Proportional calculation: 1,000 × 5% = 50 USDT

Subsidy amount:

min(200, 50, 500) = 50 USDT

The maximum subsidy amount for this case is 50 USDT. The remaining loss is not covered by the voucher.

Example 3: Reaches the maximum subsidy amount

Copy trading principal: 20,000 USDT

Actual loss: 1,200 USDT

Proportional calculation: 20,000 × 5% = 1,000 USDT

Voucher maximum subsidy amount: 500 USDT

Subsidy amount:

min(1,200, 1,000, 500) = 500 USDT

Although the proportional calculation can cover 1,000 USDT, the final payout is limited to 500 USDT due to the voucher's maximum subsidy amount.

Example 4: Profit from copy trading

Copy trading principal: 1,000 USDT

Final copy trading PnL: +100 USDT

This copy trade did not generate a loss, so no subsidy is triggered.

According to the current rules, if a copy trade makes profits, it does not consume the Subsidy Voucher, and the voucher can continue to provide protection within its validity period.

 

Voucher Usage Rules

  • Subsidy is paid only for losses. Subsidy is triggered only when an actual loss occurs after the position is fully closed. No subsidy is paid for profits or when PnL is zero.
  • Each copy trade can only be linked to one Subsidy Voucher. You can hold a Fixed-Ratio Copy Trading Subsidy Voucher and a Copy Trading Subsidy Voucher at the same time, but only one can be used for each copy trade. They cannot be used together.
  • Voucher consumption after loss subsidy. The Fixed-Ratio Copy Trading Subsidy Voucher is a single-use voucher. Once it triggers loss subsidy, it is consumed and cannot be used again.
  • A position will not be liquidated when its linked voucher expire. Once the voucher expires, the subsidy will be automatically settled. Copiers can use the Subsidy Voucher at any time before it expires. The sooner you use it, the longer your copy orders will be protected. Therefore, you are encouraged to use the Subsidy Voucher as soon as possible after receiving it to make full use of it.
  • Unused vouchers expire and become invalid. If a Fixed-Ratio Copy Trading Subsidy Voucher is not used within its validity period, it will automatically expire and cannot be extended for use.
  • Mutually exclusive with Trial Fund. If the selected Futures Account has a Trial Fund balance greater than 0, you will temporarily be unable to use the Fixed-Ratio Copy Trading Subsidy Voucher.
  • Scope of application. Now it currently applies to Perpetual Futures Copy Trading only. Standard Futures, Spot Copy Trading, and Strategy/Grid trading are not currently supported.

 

How to View and Use the Fixed-Ratio Copy Trading Subsidy Voucher?

  1. You can check your Fixed-Ratio Copy Trading Subsidy Voucher in My Vouchers.
  2. When you create a copy trade, you can view the detailed protection status in My Trades.
  3. The amount on the voucher only indicates the estimated maximum subsidy amount for this copy trade. The actual subsidy is based on the actual loss after the position is fully closed.
 

Why Can't I Use the Fixed-Ratio Copy Trading Subsidy Voucher Temporarily?

This may be due to the following reasons:

  • The voucher has expired.
  • The voucher is already linked to another copy trade.
  • The Futures Account still has a Trial Fund balance remaining.
  • Current copy trade type is not within the applicable scope of the voucher.
  • The Fixed-Ratio Copy Trading Subsidy Voucher is only supported on app version 5.3.0 or higher. If your current version is lower than 5.3.0, you will not be able to view or use this feature in the app. Go to the app store to update to the latest version before using this feature.
  • The voucher status is abnormal or the voucher has already been consumed.
  • Refer to the actual display on the voucher page and the copy trading page for exact information.

Risk Warning

Fixed-Ratio Copy Trading Subsidy Voucher only subsidizes part of your copy trading losses when the rules are met. They do not guarantee principal protection and do not cover losses beyond the voucher's coverage. Copy trading involves risks such as market volatility, slippage, and liquidation. Choose traders and copy amounts carefully based on your own risk tolerance.