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      The Beginner's Guide to Copy Trading (Copy Trading User)

      What is Futures Copy Trading?

      MEXC Copy Trading is a system that benefits both professional traders and followers by providing a series of simple and convenient trading features. Followers can easily follow a professional trader, and when the trader initiates a copy trade, the system will apply the same strategy as the trader to place orders for their followers. The trader will also receive a portion of the followers' profits accordingly.
      Note: The term "same strategy" here refers to trading futures with opening prices and closing prices that are almost identical to those of the trader's transaction. As the prices may be affected by factors such as market fluctuation, please be aware of the risks as the opening/closing price may not be exactly identical to those of the trader's transaction.

      What are the benefits of Copy Trading?

      • Trader: Through the system, traders can put their professional trading experience to good use and earn up to 15% profit share from their followers' trades.
      • Follower: With just a few simple steps, the system will automatically copy the selected trader's trading strategy and place an order for the follower. Followers will never miss out on another trading opportunity even when they are busy.

      How to start Copy Trading?

      1. Ensure sufficient funds in your Spot account
        Go to the Assets page to check your USDT balance. Although the current minimum Copy Trading amount is 5 USDT, we advise you to ensure at least 50 USDT in your asset balance for a better Copy Trading experience.
      2. Go to Copy Trading and select your preferred trader
        Once you have found a preferred trader, click on [Follow].
      3. Fill in Copy Trading details
      a. Enter the following amount

      A mandatory field. The following amount is the funds invested in the current Copy Trading sub-account, which will be used as a margin to open a position when following a trader. The minimum investment is 5 USDT, where the maximum investment amount is based on the USDT balance of the main Spot account.

      b. Select Copy Trading mode (Fixed amount mode or Multiplier mode)

      ___2022-09-13___7.35.45.png
      •  If you select Fixed amount mode, you need to enter the investment amount for each time you copy a trade.
      For example, when it is fixed at 100 USDT, it means that each time the trader opens a position, the system will place an order for you with a margin of 100 USDT.
      • If you select Multiplier mode, you need to enter the ratio for each time you copy a trade (ratio of your copied trade position to the trader's position).
      For example, you follow trader A and set the ratio to be 10x. When trader A leads a copy trade with the transaction of 10 USDT, the amount you need to invest in this order will be 10 * 10 = 100 USDT.
      c. Set Take Profit/Stop Loss ratio
      An optional field. Due to uncontrollable factors such as market fluctuations, there is a possibility that profits/stop losses will fail to be triggered. To control risks and increase the success rate of stop order trigger, the minimum value of taking profit/stop loss is 3%.
      4. Submit and wait for the trader to initiate Copy Trading
      5. Manage your copy trades
      • Go to Copy Trading page, under My Copy Trades, and check and manage current copy trades (if exist).
      • You can set up the take profit/stop loss ratio for a position.
      • Click on [Close] to manually end copy trade and close the position, or you may also wait for your position to close automatically when the trader closes their position.
      • Click [History], Copy Trade History, to view the PNL of your closed positions.

      How to check my following traders?

      Go to My Copy Trades, and click on [Following] to view the list of traders you have followed.

      ___2022-09-13___7.31.58.png

      How to check the traders on my watchlist?

        Go to My Copy Trades, and click on [Watchlist] to view the list of traders on your watchlist.
      ___2022-09-13___7.29.44.png

      How do you unfollow a trader?

      1. Go to My Copy Trades
      1. Click on [Following]
      1. Select a trader you are following, and click on [Unfollow] in the action panel.

      Note: Once you unfollow a trader, the funds in your Copy Trading sub-account will immediately be transferred to the spot account of your main account. You may go to Assets page, click on [Quantitative account], then click on [Transfer details] to view the transfer records

      How to edit Copy Trading details?

        Go to My Copy Trades, click on [Following], select a trader you are following, and click on [Edit] in the action panel.
      1. Go to My Copy Trades
      1. Click on [Following], select a trader you are following
      1. Click on [Edit] in the action panel
      1. Click [Submit] when you are done editing your Copy Trading details

      MEXC Copy Trade >>>

      20220907-210024.jpeg

      [MEXC] Copy Trading Survey - Grab bonuses up to 1,000 USDT! >>>

      Risk Alert:
      Due to factors such as depth, market changes, and volatile market conditions, please note that the opening/closing prices and yield in followers' copy trades may differ from those of their traders.

      Find us on

      Telegram:https://t.me/MEXCEnglish

      MEXC ETF:https://t.me/MEXCETFCommunity

      MEXC Futures:https://t.me/MEXCFutures

      MEXC Derivatives:https://twitter.com/MEXCDerivatives

      Twitter:https://twitter.com/MEXC_Global

      Facebook:https://www.facebook.com/mexcglobal

      Instagram:https://www.instagram.com/mexcglobal/

      Medium:https://medium.com/mexcglobal

      Discord:https://discord.gg/agZNfksc2T

      Buy USDT Instantly Here:https://otc.mexc.com/

      Create your own referral link today and start inviting friends to enjoy great rebates:

      https://www.mexc.com/invite

      Enjoy trading on MEXC.

      The MEXC Team

      8 September 2022

      Read the original article at mexc

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