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
| Description | Trading Rules |
| Copy Trading Account | Fund Account (USDT assets) |
| Copy Relationship | Copiers can establish a copy relationship with any traders, without any threshold |
| Order Type | Buy: At market price, copy the trader’s buy orderSell: 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. |
| Trading Fee | Consistent with Spot trading fees: https://bingx.com/en-us/support/costs/ |
| Scope | Only USDT-M orders |
| Amount of Single Trade | 10-1,000 USDT |
| Upper Limit on Copy Trading Funds | None |
| Daily Limit of Shared Trades | None |
| List of Available Trading Pairs | Announcements (Auto-updated) |
| Valid Copied Orders | 1) Single orders that are completely filled2) Spot Grid orders are excluded |
| Delisting of Pair | 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. |
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) Wait for the trader to open a position, and then monitor the profits.
How to Select a Trader
Learn about Traders via their profile information
| Data | Definition | Note |
| Cumulative ROI | Cumulative ROI = [Net PnL of all copied sold orders + Sum(Position PnL)] / Historical highest invested margin. | It indicates the ROI generated based on the cumulative invested funds in Spot Copy Trading. |
| Cumulative PnL | = Sum(Order profit – Buying fee – Selling fee) | It indicates the net PnL of all sold orders. |
| Account Assets | It calculates the “Total Asset Value” of the trader’s fund account (converted to USDT) | It refers to all assets in the fund account, converted to USDT. |
| Copier Profit | The cumulative PnL of all copied sell orders under this copy trading account. | Copier Profit is after deduction of trading fees |
| Copiers | The number of copiers under this copy trading account | This includes users who have established copy trading relationships but have not yet engaged in copy trading transactions. |
| Win Ratio | Win Ratio = (Number of profitable sold orders + Number of profitable existing orders) / Total number of orders. | It indicates the ratio of profitable orders in the copy trading account, including existing profitable orders. |
| Total Transactions | The total number of orders shared under the copy trading account, encompassing both existing and sold orders. | It refers to the total number of orders shared since the day the trader started sharing trades, including existing orders. |
| Trading Frequency | The average number of trades per week, including both existing and sold orders. | It refers to the trader’s weekly trading frequency. The higher the trading frequency, the more the trading fees. |
| Trade Days | It calculates the total number of days since the trader started sharing trades in this copy trading account. | It indicate the number of days the trader has been participating in Spot Copy Trading. |
| ROI Chart | It displays the cumulative ROI chart. | It is a visual display of the trader’s cumulative ROI. |
Profit-Sharing Settlement Rules
| Copy Trading Type | Profit Share Ratio | Settlement Time | Scope of Settlement |
| Spot Copy Trading | 10% | Next Monday at 00:00 (UTC+8) | Only orders that are 100% sold are counted, including copier-initiated sells. |
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 Application2> 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
