Frequently Asked Questions on Binance Futures Copy Trading

1. What is Binance Futures Copy Trading?

Binance Futures Copy Trading is an automated trading system. You can become a lead trader and let other traders copy your portfolio, or copy lead traders’ portfolios as a copy trader.

After determining your investment amount, the system will automatically copy trades from the lead traders you follow.

2. Can I lead and copy trades simultaneously?

Yes, you can have 1 public lead trading, 1 private lead portfolio and up to 20 copy trading portfolios at the same time.

3. Is my Copy Trading account shared with my Binance Futures account?

No, the Copy Trading account is independent from the Binance Futures account.

4. How many Futures trading pairs do Copy Trading support?

Currently, Copy Trading supports 400+ USDⓈ-M Futures contracts. The list might be adjusted from time to time according to market conditions.

5. What's the difference between lead trading and Futures trading?

To provide better trading experience for lead traders, the trading process, interface, and tools for lead trading is similar to Futures trading.

Please note that Scaled Order and Multi-Assets Mode are not supported at the moment.

6. What benefits do lead traders enjoy?

Lead traders can receive up to 30% profit share from their copy traders. The remaining profit goes to their copy traders. In addition, they receive a 10% commission from their copy traders’ trading fee.

7. Can lead traders use API to trade?

Yes, API trading is available for lead trading. For more details, please visit How to Create an API Key for a Futures Lead Trading Portfolio?

8. How many portfolios can a copy trader copy simultaneously?

Copy traders can copy up to 20 portfolios at the same time.

9. What are Fixed Ratio and Fixed Amount copy modes?

The Fixed Amount mode uses a fixed amount per trade as set by the copy trader. In the Fixed Ratio, copy traders can set a total portfolio investment amount, and the system will copy trade proportionally based on the amount they entered.

10. How does the slippage protection work?

As copy trading happens in real-time, slippage protection sets a maximum slippage limit to prevent the system from copying trades at significantly deviated prices when opening the position. Currently, the default slippage protection for BTCUSDT and ETHUSDT is 0.5%, and 1.5% for other trading pairs. Users can customize the max slippage in the copy setting via web. Please note slippage protection will not be applied to closing the position.

11. Why did copy trading fail?

Some common reasons for copy trading to fail include:

• The available margin balance in the copy portfolio is insufficient;
• When the lead trader uses a limit or stop-limit order to open the position, but the order hasn't been fully filled;
• When the market slippage exceeds the limit;
• When the lead trader opens an opposite position (please refer to the description under “Opposite positions/offset”);
• The position notional value is below the symbol’s minimum notional value;
• When following lead trader’s leverage while the system detects the leverage is inconsistent with the lead trader, the copy will be failed.

12. Does copy trading guarantee profits?

Copy trading does not guarantee profits and carries a significant level of risk. You should take risk control and invest rationally within your financial ability.

13. What do the tags next to a portfolio mean?

• If you see a “high leverage” tag next to a portfolio, it means that its maximum leverage reached or exceeded 20x in the past 7 days.
• If you see a “10x-20x leverage” tag to a portfolio, it means that its maximum leverage was between 10x and 20x in the past 7 days.
• If you see an “API” tag, it means the lead trader uses API to trade.

14. Can sub-accounts copy portfolios or start lead trading?

No, copy trading is not supported for sub-accounts.

15. Can I receive Binance Referral Program commission for lead/copy trading?

Yes, your inviter can receive referral commission for your lead/copying trading fees.

16. Why was my portfolio closed by the system?

For lead trader: System will close the lead portfolio 2 days after liquidation if the balance remains 0.

For copy trader:

• Your portfolio might be removed by the lead trader.
• When a copy portfolio’s margin balance is below the minimum copy amount and fails to copy 5 consecutive orders, the copy portfolio will be automatically closed on Friday.

17. What are copy trading low-liquidity symbols?
The system captures a snapshot of the orderbook every hour. If the notional value of open orders at 3% depth of the orderbook remains below 500,000 USDT over the past 14 days, this symbol will be classified as a low liquidity symbol.