SAFEX Copy Trading Feature Explanation-Phase 2

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Last updated 2 days ago

SAFEX Copy Trading Feature Explanation-Phase 2

Copy Trading Process Automatic Signal Transmission: After becoming a lead trader, you only need to trade as usual. The platform will automatically sync your trade signals to the copy users.
Copying Indicator: Copy users will automatically open and close positions based on your trade signals, and they will see the "Copying…" indicator in their position list.
Copy Trading Mode: Supports both Cross Margin and Isolated Margin modes, but does not support Combined Margin mode.
Profit Sharing Settlement Rules Real-time Settlement: After each position is closed, the profit sharing will be settled in real-time. Profit Sharing Amount = Profit Sharing Ratio * Realized P&L of the current position.
Loss Handling: If the copy user’s profit or loss is negative, no profit sharing will be distributed.
Settlement Cycle: SAFEX settles profit sharing for lead traders every two weeks.
Profit Sharing Ratio & Adjustments Default Ratio: The current default profit sharing ratio is 10%, and it is not adjustable for now.
Future Adjustments: In the future, the profit sharing ratio will be manually adjustable based on the lead trader's level.
Maximum Number of Copy Users Default Number: The current maximum number of copy users is 100.
Increasing the Number: If you need to increase the maximum number of copy users, please contact SAFEX customer service.
Rules & Restrictions Copy Trade Amount: The number of trades a user can copy depends on their wallet balance. For example, if a user’s wallet balance is 100U, and each copy trade is 50U, the user can copy up to two trades simultaneously.
Follow Limit: A user can follow up to 10 lead traders at the same time.
Profit Deduction: 10% of the profit from copy trading positions will be deducted in real-time.
Copy Trading Parameters:
- Smart Copy: Automatically matches the lead trader’s leverage and margin ratio.
- Custom Copy: Supports manual adjustments of leverage and copy trade amount (default is 10x if not set, and the user’s settings will be followed after manual adjustment).
Supported Coins: Currently, the supported coins for copy trading are ETH, BTC, ARB, WLD, ETC, SOL, OP, FIL, ORDI, BNB.

PreviousSpot Trading Fees and Minimum Order Quantity NextSAFEX Copy Trading Feature Explanation - Phase 1

Last updated 2 days ago

Copy Trading Process Automatic Signal Transmission: After becoming a lead trader, you only need to trade as usual. The platform will automatically sync your trade signals to the copy users.
Copying Indicator: Copy users will automatically open and close positions based on your trade signals, and they will see the "Copying…" indicator in their position list.
Copy Trading Mode: Supports both Cross Margin and Isolated Margin modes, but does not support Combined Margin mode.
Profit Sharing Settlement Rules Real-time Settlement: After each position is closed, the profit sharing will be settled in real-time. Profit Sharing Amount = Profit Sharing Ratio * Realized P&L of the current position.
Loss Handling: If the copy user’s profit or loss is negative, no profit sharing will be distributed.
Settlement Cycle: SAFEX settles profit sharing for lead traders every two weeks.
Profit Sharing Ratio & Adjustments Default Ratio: The current default profit sharing ratio is 10%, and it is not adjustable for now.
Future Adjustments: In the future, the profit sharing ratio will be manually adjustable based on the lead trader's level.
Maximum Number of Copy Users Default Number: The current maximum number of copy users is 100.
Increasing the Number: If you need to increase the maximum number of copy users, please contact SAFEX customer service.
Rules & Restrictions Copy Trade Amount: The number of trades a user can copy depends on their wallet balance. For example, if a user’s wallet balance is 100U, and each copy trade is 50U, the user can copy up to two trades simultaneously.
Follow Limit: A user can follow up to 10 lead traders at the same time.
Profit Deduction: 10% of the profit from copy trading positions will be deducted in real-time.
Copy Trading Parameters:
- Smart Copy: Automatically matches the lead trader’s leverage and margin ratio.
- Custom Copy: Supports manual adjustments of leverage and copy trade amount (default is 10x if not set, and the user’s settings will be followed after manual adjustment).
Supported Coins: Currently, the supported coins for copy trading are ETH, BTC, ARB, WLD, ETC, SOL, OP, FIL, ORDI, BNB.