Bitget Copy Trading Recommended Setting Complete Guide

Bitget Copy Trading Recommended Setting

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Introducing trader data

  • Participated XX days: The total number of days since the Bitget registration date is displayed.

  • ROI: ROI = Revenue / Margin x 100

  • Number of orders: The cumulative number of orders after registration as a trader is displayed.

  • Number of followers: Cumulative number of followers; from the follower details, you can check the positive profits of the users currently following the trader. If you are the following trader, you can see the earnings of all your followers.

  • Total Revenue (USDT): Reflects the settled trader revenue for the last three weeks. Transaction fees are not reflected.

  • Number of profits: Among the orders, the number of orders that have made a positive profit is listed.

  • Number of losses: This shows the number of orders that resulted in negative profits.

Please Note: The above trader data is updated hourly. If you cannot confirm the position on the trader screen, please wait about an hour before confirming.

Select a trader

1. Check the trading data of the trader and find the trader that suits your risk tolerance.

Select Trader

2. You can follow multiple traders at the same time.

  • GOne trader may hold multiple positions simultaneously, and even if you operate with the minimum investment amount explained below, you may run out of funds. We recommend that you start by following one person.
  • The number of followers of a trader varies depending on the assets in the trader contract account.

Copy order setting method

1. Click "Copy Order".

Select Pair

2. You can search for the trader you want to follow from the upper right. Once you have decided on a trader, select "Copy Order" and set the details from "Advanced Settings".

  • If the copy order cannot be clicked and is displayed as "full", the trader's follow-up limit has been reached, so please wait for the vacant seat notification or select a trader who can currently follow. The maximum number of followers is as follows.
  • "Followers" in the copy trader display is the cumulative number of followers up to now and is different from the above number of followers.
Trader Contract Account Funds (USDT) Maximum number of followers (name)
500 ~ 10,0000 75
10,000 ~ 5,000,000 150
Over 5,000,000 225

3. Select the currency pair to use for the copy order.

Select Leverage Mode
  • You can follow transactions of all currency pairs if you have funds in your USDT contract account, but set here if you want to follow only specific currencies. By default, all currency pairs are selected. Even if you select all, the trader may not trade the selected currency pair.

4. Set the margin (margin)

You can choose to set the margin either by following the trader's margin or by setting the amount yourself. Unless you know a professional trader, the margin will not be shared with your followers, so it is recommended that you set your margin.

5. Setting the Leverage Ratio

There are three ways to set the leverage.

  • Transaction settings: Apply the leverage set on the contract screen by yourself to the copy order. You can manage the leverage of all long/short transactions in the same way.
  • You can customize your desired leverage for each specified leverage trader and currency pair.
  • Leverage by trader Copy the leverage ratio set by the trader. Please be careful when handling margins as it may result in high leverage.
Select Trader Methods

6. Set the order type (fixed amount or fixed magnification). In copy trading, there are two types: a fixed amount that sets the follower's desired amount and a fixed magnification setting based on the number of traders holding positions. The fixed amount can be set to the upper limit of one copy order position. It can be set at 10-3000 USDT. With a fixed magnification, you can set a position order with the same order ratio as a trader and set 0.1-100 times.

  • If you set the magnification to 1x, you can hold a position with the same margin holding amount as a trader. However, please note that following the trader's margin and leverage ratio is not possible.
  • You can customize your desired leverage for each specified leverage trader and currency pair.
  • When using it for the first time, it is recommended to set the position with a fixed amount first.

7. Set up risk management.

Now, what is risk management? Some traders may have a large positive profit, but they may not make a payment, and the profit may be negative. Regardless of the trader's position management, you can set the loss cut/profit set in advance for the trader's position. If you want fine profits, set a small profit point.

Set Risk Management
  • Apart from this setting, you can also settle the copy order position yourself on the contract screen.

8. After setting all, select "Confirm".

  • You can change the copy order settings at any time. You can change the settings from "My Trader" in "Copy Order".
Confirm Copy Trading

Minimum copy order investment amount

The minimum investment amount is one or more. Please refer to the figure below for the quantity of each currency.

Set the fixed amount and leverage ratio so that the value obtained by multiplying the fixed amount by the leverage ratio is one or more for each currency.

For Example: For a BTCUSDT copy order to be successful, the fixed amount multiplied by the leverage ratio must be greater than 0.001 BTC.

Fixed amount 10USDT x Leverage 3 = 30USDT 30USDT less then 0.001BTC → Failure

The amount of automatic adjustment varies depending on the BTC price.

Fixed amount 10USDT x Leverage 10 = 100USDT 100USDT > 0.001BTC → Success

Cause of copy order failure

The following are possible causes of copy trade failure:

  • If your contract account does not have sufficient assets. In addition, you cannot trade if you have insufficient margin due to holding a position.
  • If your copy trade order volume is less than the minimum investment amount, you will not be able to trade. A minimum investment amount is set for each currency in copy trading.
  • If the trader's order limit is reached, you will not be able to trade. There is a maximum number of followers (in this case, you will be notified of copy trade failure). The maximum number is as follows and applies to the number of orders currently held by the trader and followers.
Trading Pair Position value (USDT)
BTCUSDT Long / Short 1,000,000 each each
ETHUSDT Long / Short 1,000,000 each each
BCHUSDT Long / Short 500,000 each
XRPUSDT Long / Short 500,000 each
ADAUSDT Long / Short 500,000 each
EOSUSDT Long / Short 500,000 each
LTCUSDT Long / Short 500,000 each
AVAXUSDT Long / Short 350,000 each
SOLUSDT Long / Short 350,000 each
AXSUSDT Long / Short 350,000 each
LUNAUSDT Long / Short 500,000 each
LINKUSDT Long / Short 500,000 each
MATICUSDT Long / Short 350,000 each
DOTUSDT Long / Short 500,000 each
FILUSDT Long / Short 500,000 each
ETCUSDT Long / Short 500,000 each
BTCUSD Long / Short 600,000 each
ETHUSD Long / Short 500,000 each
BCHUSD Long / Short 500,000 each
XRPUSD Long / Short 500,000 each
  • You will not be able to trade if the trader has not opened the position or cancelled the position.
  • If the customer is a trader. Traders cannot trade as followers.
  • Copy traders may delete followers. Traders can see the follower's funds in the contract account and unfollow if the contract account assets are less than 100 USDT.

How to check copy order

After the copy order is successful, you can check the position's profit from the "Copy Order" screen.

Copy order data
Funds: This is the total amount of the original position holding, which is different from the amount set for the position and the contract account funds.
Net Income: Copy order net income settled by all follower traders minus transaction fees.

Current copy order
If you want to make an immediate payment by yourself instead of the trader's payment timing, click "Close". You can see the orders that have not been settled yet while following the open position already. Also, if you place a limit order by yourself, you can set it from "Profit / Stop-loss".

Select Edit
You can change the currency, order type and risk management at any time.
To unfollow a trader, select "Edit" for that trader from "My Trader" and click "Confirm" on the upper right to unfollow.

How to unlock a trader

You can stop holding a position in copy trading by unfollowing the trader. The trader cancellation method is as follows.

  • From "My Trader", click "Edit" for that trader.
  • Select "Confirm" displayed in the upper right.
  • A note will be displayed, but please check it and select "Confirm".

Important Point

As stated in the note on the trader cancellation confirmation button, even if you cancel the follow-up if you have a position, the position will continue to be held unless you settle it yourself. If you wish to settle the position yourself, please select Cancel Position from the copy order of the "Contract" account.

About Author

Naoya Shimura

Asset management consultant for the wealthy. With 10+ years of project investment experience in the trading industry, financial industry, gaming industry, and IT industry, he provides various consulting services around the world. Serving as a director of an energy development company, responsible for asset operation and coordination of business cooperation with government agencies of various countries. And operate leading companies in Japan and Singapore.

3 Comments

Easy to use for a beginner like myself. The best function is copy trader

Amazing site, and have gained quite detailed information about Bitget... And I have learned quite a lot of things. Informative guide for a beginner like me.

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