Copy Trading fails when your margin balance is insufficient, the Copy Leader’s order has not been fully filled, market slippage exceeds the allowed limit, the position notional value is below the symbol’s minimum, the Copy Leader has deleted their account, or your portfolio is too small to meet the minimum order size.
What Are the Common Reasons for Copy Trading Failure on BitMEX?
Copy Trading can fail for several reasons. Each relates to account conditions, order execution mechanics, or market liquidity at the time the trade is attempted:
- Insufficient margin balance: The available margin balance in your Copy Trading account is not enough to open the position. Ensure your Copy Trading Sub Account has adequate funds before trades are placed.
- Unfilled limit or stop limit orders: When the Copy Leader uses a Limit or Stop Limit order to open a position, the order may not be fully filled.
- Market slippage exceeds the limit: BitMEX sets slippage thresholds to protect Copiers. If the difference between the expected execution price and the actual available price exceeds this limit, the copy trade is rejected.
- Position below minimum notional value: Every trading symbol on BitMEX has a minimum notional value. If the calculated position size for the copy trade falls below this threshold, the trade does not execute.
- Copy Leader account deleted: If the Copy Leader has deleted their BitMEX account, no further trades can be copied from that leader.
Portfolio too small for minimum order size: The Copier’s portfolio size may be too small to meet the minimum order size relative to the Copy Leader’s position. A smaller portfolio produces a proportionally smaller order, which may fall below the required minimum.