Trader Personal Settings & Copy Trading Guide (APP)
This guide provides BYDFi APP traders with step-by-step instructions on setting up personal trader settings, initiating copy trades, managing positions, configuring take-profit and stop-loss, tracking profit-sharing data, and managing followers. Follow this guide to efficiently manage copy trading and optimize your trading strategies on mobile.
Trader Personal Settings
After being approved as a trader, complete your personal settings:
1. Open the BYDFi APP and tap Copy Trading on the homepage.
2. Tap My Lead Trades.
3. Tap the setting icon in the upper right corner
4. In the Personal Settings section, complete all necessary copy trading configurations.
Within the Copy Trading Mode block, choose:
- Smart Copy Only
- Smart Copy / Diverse Follow (both modes allowed)
Increase Account Equity to Gain More Followers
Traders can increase account equity to unlock a higher maximum number of followers. Minimum balance: 100 USDT.
| Account Equity (USDT) | Maximum Followers |
|---|---|
| 0 ≤ Equity < 100 | 0 |
| 100 ≤ Equity < 1,000 | 50 |
| 1,000 ≤ Equity < 10,000 | 100 |
| ≥ 10,000 | 200 |
💡 Tip: Higher account balance improves credibility, attracts more followers, and enhances copy trading performance.
How to Initiate Copy Trading
Traders can start copy trading in two ways:
1. On the Copy Trading homepage, tap Initiate Trade.
2. On the Contract Trading page, open a position using the Copy Trading Wallet — this will automatically start copy trading.
⚠️ Note: Copy trading currently only supports Hedge Mode.
Viewing Copy Trading Positions
Check positions after initiating copy trading:
- My Lead Trades → Positions: Displays only the trader’s positions (excluding followers).
- Ongoing (Contract Trading page): Each new lead trade is listed separately.
Notes:
- Liquidation Price is not displayed in Current Copy Trades.
- Positions in the same direction are consolidated under Positions in the Contract Trading section.
Setting Take Profit & Stop Loss
Traders can set TP and SL in:
- Positions / Ongoing (Contract Trading page)
- Lead Positions (My Lead Trade Page)
This helps manage risk and protect profits.
Closing Copy Trading Positions
You can close your copy trading positions either from the My Lead Trade page or directly on the Contract Trading page.
From the My Lead Trade Page
- Go to My Lead Trade > Positions.
- Click Details to view the order information.
- Select Market Close to close the specific position.
From the Contract Trading Page
- Go to the Contract Trading page.
- Under Positions or the Ongoing section, locate your active trade.
- Choose Market Close to exit the position.
- Only Market Orders can be used for closing.
- Trailing Stop and Limit Orders are not supported for lead trades.
Viewing Copy Trading & Profit-Sharing Data
In My Lead Trades, you can track performance and earnings:
- Profit Sharing Data: Unsettled Profit, Settled Profit
- Positions: Current Copy Trades, Copy Trade History
- My Followers: View all followers; supports Smart Ratio & Diverse Follow modes
💡 These tools let traders track performance, monitor profit distribution, and manage followers efficiently.
Profit-Sharing Data
- Unsettled Profit (USDT): Accumulated profit from closed trades, not yet settled. May fluctuate depending on follower results.
- Settled Profit (USDT): Total profit already distributed to your account.
Managing Followers
In My Lead Trades → My Followers, traders can:
- Remove Followers: The removed user will no longer follow new trades, but existing open positions remain linked to the trader’s closing actions.
Key Takeaways
- Complete Personal Settings before starting copy trading.
- Increase account equity to unlock more followers.
- Copy trading is only supported in Hedge Mode.
- Use Market Orders for closing lead trades.
- Regularly check Profit-Sharing Data and Followers to optimize your strategy.
Following this guide helps BYDFi APP traders manage copy trading efficiently, attract more followers, and maximize profit potential.
