Futures copy trading rules

Contract copying supports USDT contracts and currency-based contracts. You can choose to trade open copying contracts.When you successfully copy an order, the system will automatically copy the new transaction of the order-leading user for you.

1. Open position

Lead user opening order type	Trigger copy trading method	Copy order
Market order, market SP and SL order	Trigger immediately	IOC limit order, the limit price is calculated by the maximum deviation ratio of the average transaction price of a single person
Limit order, limit SP and SL order	After all, the lead orders are completed	IOC limit order, the limit price is calculated by the maximum deviation ratio of the average transaction price of a single person

1. Close position

Lead user closing order type	Trigger copy trading method	Copy order
Market order, market SP and SL order	Trigger immediately	Market order
Limit order, limit SP and SL order	After all the lead orders are completed	Market order

Please note:- The handling fee rate is the same as that of contract trading;- Contract copying supports USDT contracts and coin-based contracts, so the handling fee will be calculated in USDT or coin.

1. Calculate the number of copy positions

• Fixed ratio copy trading mode

  • Open position:

    • - Orders are placed according to the ratio of the follower's available amount/the leader's available balance

    • - Follow the leader's leverage: Order quantity (lots) = (follower's available amount/leader's available balance) * leader's trade quantity (lots) - Fixed leverage: Order quantity (lots) = (follower's available amount/leader's available balance) * leader's trade quantity (lots) * follower's leverage/leader's leverage The number of open positions for a leader is the number (lots) when the leader is fully traded, and the number is rounded down

    • Close position: Number of positions closed by the follower = Number of positions closed by the leader/Number of positions before closing by the leader*Number of positions of the follower

      • If it is not a whole number, round up For example, if the leader holds 1 BTC and closes 0.2 BTC or 20% of the position, the system will also close 20% of the position for the follower.

• Fixed amount order model

  • Open position:The system will open a position for the user according to the amount of each copy order set by the copy user.

    • For example, the copy order amount set by the copy user is 20 USDT per order, and the total copy order amount is 60 USDT. Each time the copy order is triggered, the system will calculate the number of open positions according to the opening cost of 20 USDT, and a maximum of 3 open positions can be followed at the same time.

    • Close position:Number of positions closed by the follower = Number of positions closed by the leader/Number of positions before the leader closed*Number of positions of the follower

    • If it is not a whole number, round up For example, if the leader holds 1 BTC and closes 0.2 BTC or 20% of the position, the system will also close 20% of the position for the follower.

Please note:- If the combined position value of the person who leads the order and the user who copied the order exceeds the maximum position limit of the contract, the person who leads the order will not be allowed to open a position.- If the number of orders placed to close the position is lower than the minimum order quantity, the minimum order quantity will be used to close the position. Reverse

• The user who leads the order can open a reverse position.

• When the lead user closes a position and opens a reverse position, the system will close the position for the follower and open a new position.

1. Possible reasons for the failure of copy trading

• Insufficient available margin for the copying project;

• When the user who leads the order uses a limited price, or a limited stop-profit or stop-loss order to open a position, or an IOC order, and the order is not fully executed, the order will not be copied;

• When the user who leads the order uses IOC or a limited price to open a position, part of the order is executed, and the remaining order is cancelled, the order will not be copied at present.

• When the market slippage exceeds the maximum rule limit of the order price deviation, the order will not be copied;

• If the opening amount is less than the minimum order quantity, the order will not be copied;

• If the opening amount is greater than the maximum order quantity for a single contract, the order will not be copied;

• If the opening amount of the copying user exceeds the maximum position corresponding to the leverage, the order will not be copied;

• If the number of open orders + position of the follower's current contract is greater than the maximum number of orders, the order will not be copied;

• When following the margin mode of the follower, if the position has a different margin mode from the leader, the order will not be copied.

1. Reasons why the opening amount of the copy order is less than the fixed amount/fixed ratio

• A partial trade is made when following an IOC limit order