Order copying rules

Copy Trading Setup Process

After selecting a trader, you need to complete the following setup steps:

1.Select the copy trading coins/pairs: You can choose to copy all trading pairs of the trader or specify certain coins/pairs only.

2.Set relevant parameters: The platform provides numerical settings for “Copy Trading Leverage” and “Copy Trading Mode.”

3.Choose the copy trading mode: The system offers two options: “Fixed Amount” and “Fixed Ratio.”

4.Confirm copy trading: After completing all settings, confirm to start following the trader.

Notes:

First-time copy trading requires completing the full setup process.

The parameters you set can be modified and adjusted at any time.

Different copy trading parameters can be set for different traders.

Copy Trading Leverage Settings Explanation

Custom: The system will open positions using the leverage you set for each order. Changes will only take effect if adjusted before opening a position.

Follow Trader: The system will copy the leverage used when the trader places an order. If you need to change the leverage-following method, you must modify it before opening a position.

Copy Trading Mode Settings Explanation

Fixed Amount Mode

Fixed copy trading amount: Positions will be opened based on the margin amount per order that you set.

Example: If you set the margin per order to 20 USDT, each copied trade will calculate the opening position size based on 20 USDT.

Copy trading position limit: If the amount of a copied trade exceeds the maximum position size allowed by the contract, the copy trade will fail.

Fixed Ratio Mode

Each time the trader places an order, you will follow the trader’s trade direction based on the fixed ratio.

Each copied order size = Trader’s opening size × Fixed Ratio.

Formula:

Follower’s opening amount = Trader’s opening margin × leverage × fixed ratio / follower’s leverage

Example: If the follower sets the fixed ratio to 2, and the trader opens a position with a total value of 10,000 USDT, then the total value of your copied position will be 20,000 USDT.

Take Profit and Stop Loss Rules

Followers can set their own take profit and stop loss for positions, or manually click to close the position. In this case, the follower’s position will be closed by the system at the market price, but your position is not affected by the trader’s take profit, stop loss, or manual position closing actions. The system will close your copied position according to the rules you preset.

Special Case Handling:

When extreme market volatility prevents the position from being closed at the preset price, the system will close the position at the best available price.

Stop Copy Trading

If you want to stop following a trader’s operations, you can select that trader from the “My Lead Traders” list and cancel copy trading. After canceling, you will no longer follow that trader’s subsequent position opening operations.

Important Notes:

ICOIN copy trading currently supports cross margin and isolated margin modes only.

After copy trading starts, the system will automatically synchronize all position opening and closing operations of the trader.

Your account must maintain a sufficient balance.

The amount of each copied order must not be lower than the minimum contract opening size (e.g., 0.001 BTC).

Your total positions must not exceed the position limit for the coin and your account.

Once the limit is reached, new position openings will be automatically suspended.

Leverage trading may amplify both profits and losses. It is recommended to set copy trading parameters according to your risk tolerance, and regularly check copy trading performance and account status.

The following situations may cause your copy trading operation to fail:

1.Insufficient available account balance: Your account balance is not enough to support the funds required for the current copy trade, so the system will not be able to execute the copied trade.

2.Exceeding the maximum single-order position limit of the contract: If the copied order size exceeds the maximum allowed position size for the contract, the copy trade will fail.

3.The corresponding copy trading coin is not selected: If you did not select the trading coin/pair that the trader is trading, the system will not be able to synchronize and execute the copied trade.

4.The trader is temporarily restricted from trading: The trader you are following is currently restricted by the platform’s risk control and cannot initiate new trades, causing copy trading to fail.

5.Below the minimum position opening requirement: If your copied order size does not meet the minimum opening threshold of the contract product, the system will not execute it (minimum copy trading principal: 10 USDT).

If you need a more detailed explanation or have any questions, please feel free to contact iCoin official customer service for professional support.