Dear Users,

The "CopyTrade Pro Spread Protection Mechanism" is designed by BingX to protect CopyTrade Pro users from experiencing significant price differences with the trader's filled price in scenarios such as downtime, etc., on third-party platforms.

 

Example:

CopyTrade Pro trades are initiated on third-party trading platforms, and may occasionally encounter interruptions, such as downtime, on such platforms. During such incidents, CopyTrade Pro copiers will not be able to trade with traders' preset order signals (such as take-profit and stop-loss). In this case, the copiers' position changes will only be processed once the third-party trading platform has been restored. As a result, there may be price differences between the positions of traders and their copiers.
In order to provide better transaction prices and protect the interests of users, BingX will support affected users by bearing a portion of losses incurred by such price differences. The compensation amount will be automatically calculated by the system.

 

Downtime Tips

BingX recommends that users do not open new positions when third-party trading platforms are experiencing downtime to avoid situations in which the opening prices of copiers' positions are inconsistent with those of the traders they are following. By doing so, the risk consistency between copiers and traders is better maintained, providing better protection for our users.

 

Contact Us
Suggestions & feedback on our features: https://bingx.com/en-us/feedback/?referPath=%2Fzh-tw%2F

 

BingX Operation Team
2023-10-02
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