What is Copy Trading?

Copy trading is a trading method that enables individual investors to automatically follow the trades of experienced cryptocurrency traders. When a lead trader executes a trade, the system automatically copies their trading points for the copy traders.

Where should I deposit funds for Copy Trading?

Copy Trading shares the same account as futures trading. To engage in Copy Trading, users are required to transfer funds to their futures account.

What fees are associated with Copy Trading?

During the copy trading process, the trading fees and funding fees are the same as those applied to the regular futures trading on LBank. There are no additional trading fees. See 「LBank Futures Trading Fee Instruction」.

How are profits distributed in Copy Trading?

Profits are distributed according to the profit-sharing ratio set by the trader you are following.

💡To protect the rights and interests of followers, profit allocation will only be executed after all positions associated with the same lead trader have been closed.

Example

Why didn’t I copy the trader's order?

1. Insufficient funds in the Copy Trading account;

2. The margin requirement exceeds the maximum copy amount set by the user;

3. The opening amount is less than the minimum order size, which can prevent copying;

4. The trading pair opened by the trader was not selected.

📌You will receive notifications via email and in-app messages for the scenarios mentioned above, except when a trading pair is not selected. Please review these notifications promptly.

Why are my profits different from the trader's?

Several possible reasons:

1. There may be a delay in order information synchronization, leading to price discrepancies during significant market fluctuations;

2. If the trader adds to a position, the copy trader may fail to replicate this due to the same reasons outlined above;

3. If the trader adds to a position with varying amounts, and the copy trader has set a fixed margin, this could result in different average opening prices.

Which futures trading pairs are available for Copy Trading?

Check 「 Supported Trading Pairs and Limit for Copy Trading」.

How to cancel a copy trade?

📌Users can unfollow a trader at any time. Open positions will remain, and users can manually close them after unfollowing.

You can manually close them by navigating to : 

1. [Copy Trading] - [My>] ;

2. [Lead Traders] - [Details>] ;

3. [Unfollow].

Notes

1. Only New Positions Are Copied：Existing positions of the lead trader are not copied; only new positions will be automatically followed.

2. Closing Price：Closing a following position automatically is executed at market price.

3. Independent Trading：Users can manually close positions after the lead trader opens them.

Users can trade independently while following a trader; these orders won’t be affected by Copy Trading.

4. Multiple Providers：Users can choose to follow multiple traders without any limit on the number of traders.

5. The Right of Lead Trader：Lead traders have the right to remove followers. Once removed, the follower will no longer follow new orders of this lead trader.

Risk Disclosure

Copy trading involves significant risks and may result in partial or complete loss of funds, making it unsuitable for all investors. Market fluctuations, strategy failures, or technical issues may adversely affect trading results. Past performance is not indicative of future outcomes. Please carefully evaluate your risk tolerance and consider seeking advice from a professional financial advisor. LBank bears no liability for losses incurred from copy trading.

Still Need Help?

If you have further questions or cannot resolve the issue, please visit the LBank official website (https://www.lbank.com) or contact our support team at [email protected]. We are committed to providing you with a secure and seamless trading experience!