Overview
1. What Is Spot Copy Trading
2. How to Copy a Spot Copy Trading Trader
3. How to Select a Trader
4. Profit-Sharing Settlement Rules
1. What is Spot Copy Trading
BingX Spot Copy Trading allows copiers to copy the spot orders of traders by setting up a margin applicable for each copied trade ensued. It is a great tool to free copiers from monitoring the market and automatically copy the trader's buy and sell signals to complete the trade.
Spot Copy Trading Rules
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Description
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Trading Rules
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Copy Trading Account
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Fund Account (USDT assets)
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Copy Relationship
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Copiers can establish a copy relationship with any traders, without any threshold
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Order Type
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Buy: At market price, copy the trader's buy order
Sell: At market price, copy the trader's sell action, or manually execute the sell order via the "Copied Orders" tab in the Spot trading page.
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Trading Fee
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Consistent with Spot trading fees: https://bingx.com/en-us/support/costs/
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Scope
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Only USDT-M orders
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Amount of Single Trade
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10-1,000 USDT
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Upper Limit on Copy Trading Funds
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None
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Daily Limit of Shared Trades
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None
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List of Available Trading Pairs
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Announcements (Auto-updated)
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Valid Copied Orders
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1. Completely filled orders are considered valid orders.
2. Partially filled orders with the unfilled portion subsequently canceled are considered valid orders. 3. Partially filled orders are not considered valid orders. 4. Spot grid orders are not considered valid orders. |
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Delisting of Pair
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If a trading pair is delisted while you have existing orders, the system will automatically unfreeze your assets and return them to your Fund Account.
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Frozen Asset
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When a buy order is fully filled or partially filled, the corresponding filled amount will be temporarily frozen by the system. It will be released when the filled amount is sold.
Note: Frozen assets can be viewed in "Fund Account" - "Asset List".
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2. Spot Copy Trading Process
How do copiers get started with Copy Trading
1) Find the Spot Traders list
2) Explore traders' profiles and select a trader to copy
3) Learn and configure Copy Trading settings
4) Copy the trader's buy and sell order, and monitor your profits.
Note: When a trader places a valid order, copiers will be able to copy the valid order based on their copy settings.
3. How to Select a Trader
Learn about Traders via their profile information
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Data
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Definition
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Note
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Cumulative ROI
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Cumulative ROI = [Net PnL of all copied sold orders + Sum(Position PnL)] / Historical highest invested margin.
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It indicates the ROI generated based on the cumulative invested funds in Spot Copy Trading.
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Cumulative PnL
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= Sum(Order profit - Buying fee - Selling fee)
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It indicates the net PnL of all sold orders.
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Account Assets
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It calculates the "Total Asset Value" of the trader's fund account (converted to USDT)
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It refers to all assets in the fund account, converted to USDT.
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Copier Profit
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The cumulative PnL of all copied sell orders under this copy trading account.
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Copier Profit is after deduction of trading fees
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Copiers
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The number of copiers under this copy trading account
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This includes users who have established copy trading relationships but have not yet engaged in copy trading transactions.
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Win Ratio
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Win Ratio = (Number of profitable sold orders + Number of profitable existing orders) / Total number of orders.
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It indicates the ratio of profitable orders in the copy trading account, including existing profitable orders.
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Total Transactions
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The total number of orders shared under the copy trading account, encompassing both existing and sold orders.
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It refers to the total number of orders shared since the day the trader started sharing trades, including existing orders.
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Trading Frequency
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The average number of trades per week, including both existing and sold orders.
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It refers to the trader's weekly trading frequency. The higher the trading frequency, the more the trading fees.
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Trade Days
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It calculates the total number of days since the trader started sharing trades in this copy trading account.
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It indicate the number of days the trader has been participating in Spot Copy Trading.
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ROI Chart
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It displays the cumulative ROI chart.
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It is a visual display of the trader's cumulative ROI.
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4. Profit-Sharing Settlement Rules
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Copy Trading Type
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Profit Share Ratio
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Settlement Time
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Scope of Settlement
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Spot Copy Trading
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10%
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Next Monday at 00:00 (UTC+8)
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Only orders that are 100% sold are counted, including copier-initiated sells.
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Note: Besides the 10% profit-sharing with the Trader during a profitable week, there are no other fees for Spot Copy Trading. Please exercise caution to prevent falling prey to fee-based account management scams.
#Calling All Elite Spot Traders to Apply and Become Spot Copy Trading Traders 🎉🎉🎉
1) Submit your application either via the Spot Copy Trading Trader Application or through the Banner on the Copy Trading homepage.
2) Users who can already share their futures trade automatically qualify for "Spot Copy Trading". To disable this feature, visit "My Trades" > "Spot Copy Trading" to turn it off.
If you have any questions, please contact us via Telegram ID: @BingXRyan