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General questions
What is Copy Trading?
Copy Trading allows you to earn from the markets by copying the strategies of experienced traders. A Strategy is a pool of trader's personal funds which is visible to the public and can be copied by others.
Copy Trading provides an excellent opportunity for both expert traders and beginners to boost each other’s profit potential.
I am an experienced trader, how can I earn using Copy Trading?
As a trader, you can create and manage a Strategy. Others can copy your Strategy and automatically replicate your trades on the market. You will then receive a percentage of all profits made by your copiers.
I don't have the experience to trade personally. How can I earn with Copy Trading?
Copy Trading is an excellent opportunity to learn from the expertise of expert traders and earn when they do. When you copy their Strategies, you automatically replicate their trades on the market.
Does leverage apply when trading with a Strategy?
Yes, leverage is applied to all Copy Trading Strategies.
Where can I see the trading conditions for Copy Trading?
You can review detailed information about Copy Trading leverage and margin requirements on the fees page of your account.
Managing a Strategy
How can I create a Strategy?
Strategy creation is quick and simple. Make sure to review our special guide here.
What is the minimum amount of funds required to create a Strategy?
Depending on the currency you select, the minimum amount is:
BTC | ETH | USDC | USDT | USD | COV |
0,01 BTC | 0,14 ETH | 200 USDC | 200 USDT | 200 USD | 1,000 COV |
Are my Strategy trading account statistics visible to others?
Yes, the core statistics of your Strategy are visible to other traders and copiers. The trading history reflects the last 50 closed trades. Every trade becomes publicly visible in 10 minutes after its closure.
How do I trade in my Strategy?
After creating a Strategy, you're provided with a separate trading account. All Strategy trading is performed on the Copy Trading 'Trade' page.
How many Strategies can I create and manage at once?
You're able to create several strategies in different currencies at once.
Can I create another Strategy after closing my current Strategy?
Yes. There is no limit to the amount of consecutive Strategies that can be created.
If a copier cancels his Copying, will my Strategy's margin be affected?
No. Your Strategy's margin is not affected by Copyings.
How is a Strategy's 'Today's Profit%' calculated?
The 'Today's Profit %' indicator reflects the profit of a Strategy starting at 00:00 UTC of the current day.
My Strategy's P/L reflects profit but my Profit % is negative - or vice versa. Why?
The differences between P/L and Profit % indicators can occur if you've made deposits or withdrawals to/from your Strategy.
How can I reduce the trade fees on a Strategy account?
Trade fees can be reduced by activating a COV membership plan.
Copying
How can I start copying?
You can start copying in just a few clicks. Make sure to review our special guide here.
How much funds do I need to start copying a Strategy?
Depending on the Strategy you select, the minimum amount is:
BTC | ETH | USDC | USDT | USD | COV |
0,001 BTC | 0,025 ETH | 50 USDC | 50 USDT | 50 USD | 100 COV |
Can I have multiple copyings?
Yes. You can have several copyings in the Strategies you want to copy.
Where does profit from my copying go?
Any profit or loss in a copying is settled when you stop it. Once your copying is stopped, the settled P/L is transferred to your account Wallet.
My copying and the Strategy I copy are showing different 'Today's Profit %'. Why?
If you began copying a strategy after the beginning of the current day (00:00 UTC), 'Today's Profit %' will be different from the same Strategy indicator. Your copying will not reflect profit made by the Strategy provider before you started the copying.
Will my profit share % (offer) increase if I copy the same Strategy several times?
No. Equity of each copying is counted separately. This means that your profit share % will be calculated for each copying separately.
Can I add more funds to an active copying?
No. However you can create a new copying with the selected Strategy with the desired amount.
How can I reduce success fees and entry fees?
You can reduce the success fees and entry fees for your copyings by activating a COV membership plan.
I don't see any Strategies in the Rating list. Why?
If you're not able to find or see any Strategies on the Rating page, make sure to reset the filter settings by clicking the 'Reset' button in the top right corner of the Filter bar.