What is Smart Copy Trading?
Smart Copy Trading is a feature that lets you mirror the trades of an expert trader in futures trading. It automatically matches your trades to theirs using the same capital ratio, leverage, and margin settings. When the trader opens a position, the system calculates the ratio of their margin to their account balance and applies it to your total investment, determining the size of your position.
Example: If a trader has $10,000 USDT in their account and opens a long position in BTCUSDT futures using 5x leverage and $500 USDT (5% of their equity), your account will follow automatically. If your copy trading amount is $1,000 USDT, your position margin will be 5% of that, or $50 USDT, with the same 5x leverage.With Smart Copy Trading, all you need to do is set your total investment amount. There’s no need to adjust any other settings. The trader takes care of risk management and strategy, while you enjoy the convenience of automated profits.
How Does Smart Copy Trading Improve Traditional Copy Trading?
Traditional futures copy trading usually follows each individual order and uses the user’s default leverage settings. This can result in inconsistent returns.
Smart Copy Trading focuses on overall position ratios, replicating the trader’s strategy more accurately and delivering consistent results.
Benefits of Smart Copy Trading
- Simple Setup: Just set a total investment amount, and the system takes care of the rest—no extra configurations needed.
- Better Risk Management: Your funds mirror the trader’s allocation, allowing them to manage risk and returns for you.
- Dedicated Funds: Your Smart Copy Trading balance is separate from other manual trades, keeping your strategies organized and conflict-free.
Who Should Use Smart Copy Trading?
- Beginners: Perfect for those new to trading who want to learn by following experienced traders without diving into market details.
- Seasoned Traders: Offers customizable options, giving experienced users more flexibility and control over their trading strategies.
How to Get Started with Smart Copy Trading
- Choose a Trader: Browse traders and select the one you want to follow from their profile.
- Activate Smart Copy Trading: Enable Smart Copy Trading mode for seamless replication.
- Set Up Your Investment:
- Copy Amount (USDT): Set the amount you want to dedicate (minimum 10 USDT).
- Advanced Settings - Stop Loss: Define the maximum loss you’re willing to tolerate across all trades. If this limit is reached, the system will stop copying the trader, close all positions, and end the trading relationship.
- Advanced Settings - Copy Open Positions: Choose to immediately replicate the trader’s current positions at market price.
- Confirm and Start Trading: Review the details. Click "Follow now" to confirm, and begin copying.
How to Monitor and Edit Your Trades
- Navigate to the copy trading homepage and click "My Following" to view current and historical returns and details for each trader you follow.
- Under "Followers", find the trader to review or modify settings. Reveal "Details" to view data such as current and historical positions and copy amount changes.
- To modify settings, click "Edit" to adjust the copy amount, stop loss, or stop copying the trader.
Frequently Asked Questions
Why is Smart Copy Trading great for beginners?
It simplifies the trading process by allowing users to:
- Automatically replicate the strategies of top-performing traders.
- Achieve consistent returns by following proven methods.
- Enjoy hands-off trading without needing extensive knowledge.
Where can I use Smart Copy Trading?
Smart Copy Trading is available on mobile apps (iOS & Android) and web platforms.
What’s the difference between custom copy trading and Smart Copy Trading?
- Custom Copy Trading: Lets you manually adjust parameters like stop-loss and take-profit levels, using your default leverage.
- Smart Copy Trading (Default): Automatically mirrors the trader’s strategy and positions, with no manual input needed.
Can I change my copy amount?
Yes, you can adjust your investment and position size based on your account balance and the trader’s equity.
What happens if the trader stops trading?
If a trader pauses or stops their strategy, your account will stop copying them, and your funds will return to your main trading balance.
How are profits shared?
Smart Copy Trading uses a profit-sharing model. A portion of the profits goes to the trader as a reward, while the rest is credited to your account.
Can I stop copying a trader manually?
Yes, you can stop copying at any time. Once you do, your funds will return to your account, and no further trades will be made.
What if the trader’s position ratio changes?
The system continuously monitors the trader’s position ratios and adjusts your positions accordingly to maintain alignment.
Are there any fees involved?
When copying trades, you may incur trading and profit-sharing fees if the trader generates profits.
What happens if my balance is too low?
If your available funds are insufficient, the system will place the minimum order or prompt you to deposit more funds.
Can I switch existing trades to Smart Copy Trading?
Currently, you can’t switch ongoing trades. Instead, stop copying the trader and restart using Smart Copy Trading.
Why do my prices differ from the trader’s?
Differences in buy and sell prices can occur due to:
- Market conditions like volatility or liquidity.
- The system consolidating your positions into a single average price.
Why is my futures order size different from the trader’s?
Smart Copy Trading adjusts proportionally to the trader’s funds. If your allocated amount is too small to meet the platform’s minimum requirements, your trade size might be increased to align with those limits.
Why are my funds marked as “in use,” and how can I release them?
Funds allocated for Smart Copy Trading are dedicated exclusively to that trader. To free them, you can reduce your investment or stop copying the trader and close all positions.