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How Do I Start Copy Trading on BitMEX?

  • Updated

Register for a BitMEX account, complete user verification, select a Copy Leader, set your funding amount along with Stop Loss and Take Profit, then click “Copy” to start. Starting Copy Trading on BitMEX requires three steps: account setup, leader selection, and trade configuration. Learn more about it here.

Let’s break down the steps:

Step 1: Register and verify your account

Create a BitMEX account at bitmex.com if you do not already have one. Complete the required user verification (KYC) process. You cannot access Copy Trading without a verified account.

Step 2: Select a Copy Leader

Navigate to the Copy Trading marketplace. Browse the available Copy Leaders or use filters to narrow your search by metrics such as Cumulative PnL, 30D ROI, or Account Assets. Click on a leader’s profile to review their performance history.

Step 3: Configure and start copying

Once you have selected a Copy Leader:

  1. Specify your Copy Trading funding amount (minimum 100 USDT).
  2. Set your Stop Loss level to manage downside risk.
  3. Set your Take Profit level to lock in gains.
  4. Click “Copy” to begin.

Your funds are automatically transferred to your Copy Trading account. No manual transfer is required. The system then mirrors the Copy Leader’s trades proportionally to your funding amount.

You can copy up to five leaders simultaneously, each with independent parameters.

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Access to trading or holding positions on BitMEX is prohibited for any person or entity that is located, incorporated or otherwise established in, or a citizen or a resident of: (i) the United States of America, Québec (Canada), the Hong Kong Special Administrative Region of the People’s Republic of China, the Republic of Seychelles, Bermuda, Cuba, Crimea and Sevastopol, Iran, Syria, North Korea or Sudan; (ii) any state, country or other jurisdiction that is embargoed by the United States of America; or (iii) any other jurisdiction where the services offered by BitMEX are restricted (collectively “Restricted Jurisdictions”). If it is determined that any BitMEX user has given false representations as to their location, incorporation, establishment, citizenship or residence, or HDR detects a user is from a Restricted Jurisdiction as described above, HDR reserves the right to immediately close their accounts and liquidate any open positions. HDR may, in its sole discretion, implement controls to restrict access to the BitMEX trading platform in any of the Restricted Jurisdictions.