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BitMEX Copy Trading Rulebook

  • Updated

The BitMEX Copy Trading Rulebook defines acceptable conduct for all Copy Trading participants. It covers prohibited activities, responsibilities for both leaders and copiers, enforcement actions, profit sharing, risk disclosures, and legal compliance. It supplements the BitMEX Terms of Service. The following activities are strictly prohibited on the BitMEX Copy Trading platform:

What conduct is prohibited in BitMEX Copy Trading?

The following activities are strictly prohibited on the BitMEX Copy Trading platform:

  • Publishing defamatory, unlawful, infringing, or misleading content on BitMEX or external channels
  • Engaging in manipulative behaviour to misrepresent trading performance, such as holding profitable positions solely to inflate win rates
  • Plagiarising or replicating another Copy Leader’s strategies without authorisation
  • Promising or advertising guaranteed profits to attract Copiers
  • Engaging in fraudulent or malicious activity to artificially increase Copier count or Copier volume
  • Impersonating others or registering social media links that belong to someone else in Copy Leader profiles (such links will be removed or masked)

What are the responsibilities of Copy Leaders?

Copy Leaders hold a position of influence over their Copiers. They must:

  • Manage trading risk prudently, acknowledging that Copiers’ accounts mirror their positions
  • Avoid liquidations where possible, as their liquidation directly impacts associated Copiers
  • Refrain from activity that compromises the integrity of performance metrics (e.g. win rate, PnL)
  • Refrain from trading or transferring funds in their Copy Trading Account while their Copy Leader application is under review

What are the responsibilities of Copiers?

As a Copier, you are solely responsible for:

  • Selecting and monitoring your Copy Leader(s) based on your own due diligence
  • Setting personal risk controls (e.g. Take Profit, Stop Loss)
  • Understanding that all trading decisions – even automated ones – carry risk, and past performance does not indicate future results

What enforcement actions can BitMEX take?

BitMEX reserves the right to impose the following actions in response to misconduct or violations:

  • Issuing a formal warning
  • Downgrading the Copy Leader’s level or ranking
  • Imposing restrictions (e.g. Copier maximum cap or trade limits)
  • Disqualifying a Copy Leader from profit sharing entitlements
  • Permanently banning an account from the Copy Trading programme
  • Confiscating profit sharing earnings derived from rule-breaking behaviour

In severe cases or repeated violations, BitMEX may disable access to a Copy Leader profile and require immediate closure of affected positions.

How does profit sharing work under the rulebook?

Three rules govern profit sharing:

  • Copiers agree to share a percentage of their realised profits with the Copy Leader, as set by the Copy Leader
  • The profit share rate is set by the Copy Leader and is clearly displayed before you choose to copy that trader
  • Profit sharing is automatically settled when a Copier closes all copied positions or stops following a Copy Leader

What risk disclosures apply to Copy Trading?

As stated in the BitMEX Terms of Service:

  • Copy Trading involves significant market risk, execution delays, price slippage, and dependency on the Copy Leader’s decision-making
  • BitMEX does not guarantee the accuracy, performance, or integrity of Copy Leaders’ strategies
  • BitMEX is not liable for any losses resulting from use of the Copy Trading service, including losses from market volatility, Copy Leader performance, technical issues, or slippage

What legal and compliance obligations apply?

All Copy Trading users must comply with:

  • Applicable laws and regulations
  • The BitMEX Terms of Service
  • Anti-money laundering (AML), sanctions, and KYC obligations

BitMEX reserves the right to remove any user from the Copy Trading platform at its sole discretion without prior notice in case of violations.

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This website is operated by HDR Global Trading Limited, a company incorporated under the International Business Companies Act of 1994 of the Republic of Seychelles with a company number of 148707 and registered address at Global Gateway 8, Rue de la Perle, Providence Mahé, Seychelles (“HDR”). HDR wholly owns BitMEX, a Bitcoin-based trading platform.


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.