Copy trading

How it works

1. Pick a trader on the Traders page.
2. Set an amount: $10 minimum, from your SENDIT balance.
3. From then on, every perp trade they open is opened for you too, and closed when they close it.

Each trader you copy gets a separate copy account with its own money, profit and loss, and Stop button. You can copy several traders at once.

How much is copied

Your copy uses the same share of capital and the same leverage. If you copy with $200 and they open 10% of their money at 5x, you open $20 at 5x, and close when they do.

• Only perp trades they open after you start are copied. Positions they already hold and token trades are not.
• A trade that would put less than $1.00 of margin in your copy is skipped.
• You can have up to 64 copied positions open at once.
• Copies never carry a take profit, stop loss or limit: they exit when the trader's position does.

The fee

5% of the profit you withdraw: 2.5% to the trader you copy, 2.5% to SENDIT. Nothing on losses and nothing on the money you put in: only what comes out above it pays. Normal trading fees apply to every copied trade.

Example: you put in $200 and later withdraw $260. The first $200 is your own money; the fee is 5% of $60, so $3, and you receive $257.

Stop and withdraw

Press Stop and withdraw on Your copies. Your copied positions close and the money goes back to your SENDIT balance. A position that cannot close right away (a closed market, a two-step order still waiting) closes as soon as it can, and its money follows on its own.

Adding money to a stopped copy restarts it, from that moment on.

Good to know

• If they get liquidated, your copy of that trade closes too. It uses their leverage, so it can also be liquidated on its own.
• If a market is closed, nothing opens, for them or for you. Closes still go through at the last price, minus a small spread.