1. What is Copy With 0 Slippage
"Copy With 0 Slippage" is a "slippage protection mechanism" for BingX Futures Copy Trading. Zero slippage means that the opening and closing filled prices for copiers are consistent with the trader's opening and closing filled prices. This allows users to bid farewell to slippage concerns and enjoy the ultimate copy trading experience!
2. When Does Copy With 0 Slippage Apply
Types
|
Mode
|
Supported
|
Perpetual Futures
|
Copy by "Per Order"
|
Yes
|
Copy by position ratio
|
Yes
|
Standard Futures
|
Copy by "Per Order"
|
Yes
|
Binance Futures
|
Copy by position ratio
|
Yes
|
Special Note: Standard Futures system now offers free 0 slippage trading (no price difference between traders and copiers), so there'll be no option to set 0 slippage in the Copy Trading settings.
3. How to Enable Copy With 0 Slippage
For New Copiers
Select a trader and click "Copy". The Copy With 0 Slippage feature is enabled by default.
For Existing Copiers
Applies to copiers using Copy by "Per Order" in Perpetual Futures Copy Trading only. Go to "My Trades" and switch via "Edit".
4. About Fees
To achieve zero slippage in copy trading, BingX collaborates with over-the-counter (OTC) market makers. The OTC market makers handle the copy trading orders, executing them at the same price as the trader. OTC market makers charge a small fee for their services. While the platform covers a portion of these fees, users who opt for the Copy With 0 Slippage will bear a portion of them. Ultimately, these collected fees go to the market makers.
How are Fees Charged?
Users who enable Copy With 0 Slippage will be subject to a fee for every "Per Order" perpetual futures order. This fee will be deducted from the perpetual futures account. Users can find records of fee deductions in their transaction history.
5. FAQs
1) Is the "Guaranteed Price Fee Rate" for Copy With 0 Slippage fixed?
Due to the influence of trading volume and market depth on slippage, the fee rate for the Guaranteed Price is also dynamic. For details, please refer to the
Guaranteed Price Fee Schedule. The system will automatically update based on current market conditions.
2) Why is the filled price in Copy Trading not on the candlestick chart?
As 0 slippage copied orders are executed off-market and not directly on the Perpetual Futures market, the filled price of these orders won't affect the Perpetual Futures candlestick chart. As a result, the specific filled price might not appear on the candlestick chart.
3) Does the Guaranteed Price fee affect profit and loss data?
No. The Guaranteed Price fee is not included in the Copy Trading profit and loss statistics, so it doesn't affect them.
4) Why do I still experience slippage even after activating Copy With 0 Slippage?
Since the "Copy With 0 Slippage" incur associated costs, when the price difference exceeds the range that market makers can bear, they may refuse to take the order. If it's an order to open a position, then the copy trade will not be executed (copy trading failure). If it's an order to close a position, then a market order will be placed at the time the order is placed.
5) Should I enable Copy With 0 Slippage?
After enabling, a Guaranteed Price fee will be charged for every Copy Trading order that's executed. It's recommended to enable it when a trader has ≥500 copiers, as well as for users troubled by slippage and those with large trading volumes.
Contact Us
BingX Operation Team
2024-10-07
BingX Official Channels
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