📖 Overview
1. What is Copy by "Per Order"?
2. Parameter List: Profit Share Rules, Etc.
3. Copy Trading Account Level in Copy by "Per Order" Mode
4. Limits on Leverage and Pairs in Copy by "Per Order" Mode
5. Fee Commission in Copy by "Per Order" Mode
6. Examples of Opening/Closing Positions, Adjusting Leverage, Setting TP/SL, Forced Liquidation, and Other Rules
7. Other FAQs
1. What Is Copy by "Per Order" Mode in Perpetual Futures Copy Trading?
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Support for cross-margin mode
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Improved capital utilization for copiers
2. Parameter List: Profit Share Rules, Etc.
The profit share ratio is in accordance with the Perpetual Futures Copy Trading account level.
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Copy by "Per Order" Mode in Perpetual Futures Copy Trading - Trader
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Public
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Private
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Max. Leverage
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BTC ETH
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No Limit
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Other Cryptocurrencies
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Max. No of Shared Trades (Copiers will not be able to copy traders who have exceeded the limit)
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Bronze
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200
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Silver
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Gold
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Diamond
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Profit Share (%)
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Bronze
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10
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0-36%
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Silver
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13
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Gold
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15
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Diamond
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20
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Profit Share Settlement Rules
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Copier's profit share settlement will occur every Monday at 00:00-00:15 (UTC+8). Please note:
1. Profit share of orders that are copied in this week and closed next week will be settled in the next week based on the UTC+8 time zone.
2. Only fully closed orders will be included in the profit share settlement.
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Copy Trading Mechanism
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Cross margin mode/isolated margin mode/market price
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Copiers Group Position Limits
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There is no position limit for Copy Trading. The position limit is the same as the position limit for Perpetual Futures. For details, please refer to the official website: https://bingx.com/tradeInfo/swap-trading-rules/
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Partial Close
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Supports partial closing position on the Perpetual Futures positions' page, but it may result in copiers not partially closing.
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Share Trades via API
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Yes
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Trading Fee
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It follows the same rate as Perpetual Futures. Please refer to the fee page: https://bingx.com/fee/
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3. Copy Trading Account Level in Copy by "Per Order" Mode
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4. Limits on Leverage and Pairs in Copy by "Per Order" Mode
1) There is no position limit for Copy Trading.
The position limit is the same as the position limit for Perpetual Futures. For details, please refer to the official website:
https://bingx.com/tradeInfo/swap-trading-rules/
2) For details on the list of available trading pairs for Perpetual Futures Copy Trading, please refer to the announcement:
https://bingx.com/support/articles/7534512564377
3) There is no limit on traders' leverage while the leverage available for copiers is determined by the leverage offered by the Perpetual Futures for the respective trading pair.
5. Fee Commission in Copy by "Per Order" Mode
Base rate (Perpetual Futures Copy Trading fee): 0.05% charged for each opening and closing trade.
For VIP tiered rates, please refer to: https://bingx.com/fee/
The calculation method is the same as the referral commission: Commission amount = Copy Trading volume of invited users * trading fee rate * commission ratio
Note: Users can check the commission amount for Copy Trading fees in Asset Records to get a clear overview of their Copy Trading earnings.
6. Examples of Opening/Closing Positions, Adjusting Leverage, Setting TP/SL, Forced Liquidation, and Other Rules
Scenario 1: Trader opens a position and the order is fully executed
Amount copied by copiers = (Leverage * fixed margin for each copy order) / opening price
Scenario 2: Trader increases position
1) The amount copied by copiers = (Leverage * margin) / opening price
2) Average opening price of existing and newly added positions = [(Position size of Order A * opening price of Order A) + (position size of Order B * opening price of Order B)] / the total number of all positions
Scenario 3: Trader closes a position either manually or by TP/SL
1) Trader can only close the combined position of multiple positions entirely.
2) Closing the position will not affect its average opening price in Perpetual Futures.
Scenario 4: Trader partially closes a position
Partial Close: Manual partial close/partial TP/SL/auto-deleveraging (ADL)
Principle for copier's position closure: It depends on whether the trader has closed the shared trade. If the trader's shared trade is closed, the copier's order will be closed accordingly. If it is not closed, the copier's order won't be closed either.
Scenario 5: Trader performs Partial Position Close for multiple positions
Closing multiple positions: Partial closure by manually entering a specific amount/ triggered TP/SL / auto-deleveraging (ADL)
Principle for closing multiple positions: In the order of the positions' opening time. The position that is opened first will be closed first.
Example: A trader performs Partial Position Close on the "Position" tab, and this position has included multiple positions. If the close amount is greater than the amount of a single position, it will require closing multiple positions. Assuming there are three positions in the share trade: Position A, B, and C. After performing Partial Position Close, Position A is fully closed; Position B is fully closed; and Position C is partially closed. Due to the copy trading relationship, the copier's copied positions of A and B will be closed, but since Position C has not been closed entirely by the trader, the copier's copied position for C will not be closed.
Scenario 5.1: Copier performs Partial Position Close for multiple copied positions
Copier closes multiple positions: Partial closure by manually entering a specific amount/ triggered TP/SL / auto-deleveraging (ADL)
Principle for closing multiple positions: In the order of the positions' opening time. The position that is opened first will be closed first.
Scenario 6: Trader places an order but it is partially executed
Principle: Copiers will only copy the orders that are fully executed on the trader's side.
Traders who share trades cannot use the "Reverse" function.
The copier's margin mode (cross margin or isolated margin) is not dependent on the trader but is chosen by the copier.
Others:
Recommend to Earn is not supported at the moment.
7. Other FAQs
Example scenario: A copier copies a trader in Copy by "Per Order" mode with 1,000 USDT and 10x leverage.
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Step
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Transaction
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For traders
Perpetual Futures Position Page
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For traders
Copy Trading Page
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For copiers
Copied Orders Page
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For copiers
Perpetual Futures Position Page
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1
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Trader opens 3 BTC long positions.
1st order: Open price 20,000, position size 1 BTC
2nd order: Open price 25,000, position size 1 BTC
3rd order: Open price 30,000, position size 1 BTC
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Average open price: 25,000
Position size: 3 BTC
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Order 1:
Open price: 20,000
Position size: 1 BTC
Order 2:
Open price: 25,000
Position size: 1 BTC
Order 3:
Open price: 30,000
Position size: 1 BTC
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Order 1:
Open price: 20,000
Position size: 0.5 BTC
Order 2:
Open price: 25,000
Position size: 0.4 BTC
Order 3:
Open price: 30,000
Position size: 0.333 BTC
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Average open price: 24330.9
Position size: 1.233 BTC
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2
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Trader closes 1.5 BTC position
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Average open price: 25,000
Position size: 1.5 BTC
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Order 2:
Open price: 25,000
Position size: 0.5 BTC
Order 3:
Open price: 30,000
Position size: 1 BTC
Explanation:
Based on the principle of "first opened, first closed", Order 1 is fully closed, while Order 2 is partially closed.
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Order 2:
Open price: 25,000
Position size: 0.4 BTC
Order 3:
Open price: 30,000
Position size: 0.333 BTC
Explanation:
Copiers' orders will only be closed when the corresponding trader's order is fully closed. Therefore:
Trader's Order 1 is fully closed, so copiers' Order 1 are automatically closed in sync with the trader.
Trader's Order 2 is not fully closed, so copiers will not automatically copy the trader to close Order 2.
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Average open price: 24330.9
Position size: 0.7333 BTC
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