BingX, the best social trading network, provides investors with a one-stop copy trading service, allowing users to automatically copy orders of pro traders.

 

What is CopyTrade Pro? What's the difference compared with Copy Trading?

[Copy Trading] provides services where copy trading traders place orders on BingX, and investors follow traders to place orders on BingX as well.

 

[CopyTrade Pro] is an upgraded version of Copy Trading, allowing copy trading traders to place orders on Binance while investors can copy their orders comfortably on BingX (traders only need to connect their accounts via a read-only Binance API to BingX).

 

CopyTrade Pro VS Copy Trading

 

CopyTrade Pro (External Platform)

Copy Trading (BingX Only)

Account

Sub-account for copy trading created automatically;

Transactions follow the rules of the external platform.

Trading occurs in BingX Standard Futures Account;

Transactions follow the BingX trading rules.

Mechanism

Margin transferred from Copy Trading Funds

(Copy Trading Funds are transferred from copiers’ BingX accounts.)

Certain margin amount set per trade;

Transferred from Standard Futures Account

Margin Size

Based on the ratio of copy trading trader’s Margin to NAV (of USDT-Margined Futures Account);

Eg. If the Margin/NAV ratio is 10%, copiers’ margin size will be (Copy Trading Funds*10%).

Based on [Principal of Single Trade]

 

Spread

Determined by the market of the external platform

Comparatively Low

Trading Pair

All USDT-Margined futures pairs of the external platform

All pairs of BingX Standard Futures

Trading Limitation

Same as the external platform

E.g. Binance: No limitation on daily trades, leverage; less limitation on trading volume

Daily limit on orders: 10;

Max. leverage: 10X;

Certain limitation on trading volume

Profit Share for Traders

10%, settled weekly

8%, settled daily

Margin Mode

Same as the external platform

E.g. Binance: Both Cross Margin and Isolated Margin modes supported

Only Isolated Margin Mode supported

Trading Fee

Same as the external platform

E.g. Binance trading fee rate: 0.04% (for both Opening and Closing Position); Funding fees: based on real-time market conditions

BingX trading fee rate: 0.045% (for Closing Position Only);

Funding fees: based on real-time market conditions