Copy Trading FAQs

1. What is copy trading?
 
 Copy trading is a new type of social investment method and an important portfolio  management tool. Ordinary investors can automatically replicate the trader’s  trade positions and execute them automatically in the market to earn profits;
 
 2. Which countries and regions do not support copy trading?
 
 Only Taiwan is not supported.
 
 3. What fees are charged for copy trading?
 
 The transaction fees and contract funding fees incurred during copy trading are  the same as the normal contract trading fee rates on XXKK. There are no other  transaction fees;
 
 4. How is the profit distribution handled in copy trading?
 
 A certain proportion of the profit share is provided to the trader according  to the profit-sharing ratio of the followed trader;
 
 For example: If trader A’s profit-sharing ratio is 10%, and you generate a profit  of 100 USDT during copy trading, the profit share allocated to the trader is  100*10% = 10 USDT;
 
 5. Which accounts can use copy trading?
 
 Only copy trading accounts can use the copy trading function;
 
 6. Which account should funds be placed in to perform copy trading?
 
 Funds should be placed in the copy trading account to perform copy trading;
 
 7. Are there any price restrictions during copy trading?
 
 No special restrictions, same as normal contract trading;
 
 8. What factors can cause copy trading to fail?
 
 - The lead trader exits copy trading or has copy trading permissions revoked;
 
 - The lead trader triggers risk control restrictions;
 
 - Insufficient available assets in the trading account;
 
 9. How to cancel copy trading?
 
 I. How to cancel following a trader?
 
 There are two ways to cancel following:
 
 1. Trader details — select “Cancel Copy” at the top right;
 
 2. My Copy Trading — Followed Traders — click “Cancel Copy”;
 
 3. My Copy Trading — Followed Traders — click “Details” — select “Cancel Following”  at the top right.
 
 II. After canceling following:
 
 1. Orders opened by following will be automatically closed upon canceling;
 
 2. Modified copy trading parameters apply only to new follow orders; orders already  successfully opened are unaffected.
 
 10. Can traders close positions with limit orders?
 
 Currently, traders support limit order closing and can only operate copy trading  positions on the contract trading page. Traders can increase positions, reduce  positions, and close positions, supporting limit orders, market orders, take  profit, and stop loss.
 
 11. Can traders set take profit and stop loss?
 
 I. Where to set take profit and stop loss
 
 1. Traders can set take profit and stop loss on the contract page under “Current  Positions.” Positions in the trader’s account labeled as “copy trading account”  are copy trading positions, where take profit and stop loss can be set.
 
 2. Traders can set take profit and stop loss for the entire position or for partial  positions.
 
 II. Setting take profit and stop loss
 
 1. Traders can set take profit and stop loss by price or percentage.