Upon becoming a lead trader on XT.COM, you will be eligible for leading trades and sharing the profit generated by your followers.
There are 5 levels for lead traders on XT.COM. As a lead trader, your level is based on your average assets on the futures account or the total trading volume (both generated from your trades and the trades that your followers copied) in the past 30 days. The yield in the past 30 days is also a factor to determine the level. For the sharing profit, the maximum that you can receive is up to 20% of your follower's profits.
- The profit sharing settlement occurs daily at 00:00 (UTC). Description of Profit Sharing in the Copy Trading System
- The initial level for a lead trader is L1.Data analysis and automatic level updates will not occur during the initial 10 days. After 10 days, data will be analyzed and levels will be updated (if less than 30 days, the 30-day data will be adjusted to the corresponding number of days for calculation).
- The data period for the lead trader assessment covers the past 30 days. The system collects data for the past 30 days daily at 00:00:00 (UTC) and updates the trader level based on the matched level conditions.
- The lead trader can reserve his current levels for 10 days. The level will not be downgraded within 10 days after each upgrade (in other words, if the lead trader is upgraded to next level after the assessment within 10 days, his level can be upgraded, and if he is downgraded, his level will not be downgraded. 10 days will be recounted after each upgrade.
- Level updates do not impact completed or ongoing orders. Orders opened prior to the level update and completed but unsettled profit-sharing orders will be settled according to the original level. The updated level and profit-sharing ratio will only apply to new orders placed after the new level becomes effective (based on the opening time).
- Level assessment criteria for lead traders and profit-sharing ratio:
|Trader Level||Maximum Number of Followers||Past 30-Day Average Account Assets||And/Or||Past 30-Day Total Trading Volume||And/Or||Past 30-Day Profit Rate||Profit Sharing Ratio||Profit Sharing Cycle|
|L1||500||≥100||Or||≥0||And||≥0%||12%||Daily (no associated orders)|
|L2||800||≥2,000||Or||≥5,000,000||And||≥50%||14%||Daily (no associated orders)|
|L3||1,000||≥8,000||Or||≥10,000,000||And||≥80%||16%||Daily (no associated orders)|
|L4||1,200||≥10,000||Or||≥50,000,000||And||≥100%||18%||Daily (no associated orders)|
|L5||1,500||≥50,000||Or||≥100,000,000||And||≥150%||20%||Daily (no associated orders)|