Copy Trading allows you to automatically replicate the trading strategies and positions of elite, top-performing traders directly in your BitMEX account. It's designed for effortless trading, saving you time and the need to master complex strategies.
Why Copy Trading on BitMEX?
- Leverage Top Traders’ Expertise: Mirror the trades of the most profitable and famous traders to date – the true OGs that started trading perps since 2016.
- Reverse Copy: Disagree with a Copy Leader’s move? Profit by betting against their trades, giving you more strategic flexibility.
- Diversification & Flexibility: Copy up to 5 Copy Leaders simultaneously and customise your preferred risk management settings for each, such as Take Profits and Stop Loss.
- Made for Everyone: Even if you're a beginner trader or short on time, choose a Copy Leader that fits your needs and automate your crypto derivatives trading.
- Simplified Trading: Get started in just a few clicks. Fill out your copy funding balance, Stop Loss and Take Profit and start copying as soon as you click start.
Before You Start:
- Ensure you have a verified BitMEX account.
- Make sure you have funds in your main BitMEX account to commit to Copy Trading.
- Please familiarise yourself with the Copy Trading Rulebook.
If you haven’t signed up for a BitMEX account yet, we’re currently offering $5,000 worth of BMEX Tokens to new users - you can register here.
Step-by-Step Guide to Copy Trading:
1. Choose Your Copy Leader:
- Navigate to the Copy Trading Marketplace on BitMEX.
- Browse available Copy Leaders.
- View each Copy Leader’s transparent metrics, such as Winning Trade Ratio, Profit Sharing Ratio, and historical performance, to make an informed decision.
2. Set Up Copy Parameters:
- Click the ‘Copy’ button next to your chosen Copy Leader.
- Input the amount of trading balance you’d like to commit to copying them.
- We highly recommend setting your own risk parameters such as Stop Loss and Take Profit to control your trading capital.
*Note: Funds will be transferred into your Copy Trading account automatically; no manual transfer is needed from your main account.
3. Start Copying Trades:
- Once activated, you will automatically copy the Copy Leader’s current open positions at the time of activation, if they have any, as well as any subsequent trades they make.
- The Copy Leader will then manage the trades on your behalf.
4. Monitor Performance:
- BitMEX provides an interface to monitor your copied trades' performance within your Copy Trading account.
Important Notes for Copiers:
- Profit Sharing: Remember that Copy Leaders may charge a profit-sharing fee on profits generated from your copied trades.
- Diversification: You can mirror multiple Copy Leaders simultaneously to diversify your portfolio strategies.
- Risk: All trading, including Copy Trading, involves significant risk, and you can lose capital. Only commit funds you can afford to lose.
Need More Help?