Copy Trading
Copy trading is a popular investment strategy that allows you to replicate the trades of experienced traders automatically. This user manual will guide you through the process of copy trading, explaining the key concepts and steps involved.
Copy trading is a method of mirroring the trades of skilled traders in real-time. By copying their trades, you can benefit from their expertise and achieve similar investment outcomes. Copy trading eliminates the need for in-depth market analysis and allows beginners to participate in the financial markets.
Please follow the instructions below to get started.
Process flow as a Trader
Add API Key
Login to your account and go to link.
Click on Add API Key to create API key 1st.
Click on the “Create API Key” button and its redirects to the setting page.
API key create process:
Step-1: Enter API key name then click on Create button. ( You must have 2 factors on to access this feature).
Step-2: Click on the Get Code button, and enter the verification code received in the registered mail, Click on the Get Code button, enter the verification code received in the registered Phone number and Google authenticator code in the Google verification code field, then click on submit.
Step-3: Check the permissions which you want then click on save.
Step-4: API key generated successfully.
API Key Edit Process
- Select Restrict access to trusted IPs only (Recommended) options
- Enter ip then Enter
- Edit API Restrictions
Click on the Get Code button, and enter the verification code received in the registered mail, Click on the Get Code button, enter the verification code received in the registered Phone number and Google authenticator code in the Google verification code field, then click on submit.
API Key Delete Process
- Click on the Delete button
- Click on the Get Code button, and enter the verification code received in the registered mail, Click on the Get Code button, enter the verification code received in the registered Phone number and Google authenticator code in the Google verification code field, then click on submit.
Add API Key
You can add your API key details by clicking on this ‘Add API Key’ button.
- Choose the exchange name from the dropdown.
- Choose market Spot, Futures, or Options.
- Enter API key name
- Enter API key
- Enter API Secret key
- Click on Submit button.
On API key: To on an API key click on the toggle button under “Status”.
Choose My Role
Users can choose a role from here.
My Bots
Traders can create Bot from this section.
Click on the “Create a New Bot” Button.
- Choose the exchange name from the dropdown.
- Enter the Bot name.
- Enter the Bot Description.
- Choose market Spot, Futures, or Options.
- Select the API Key name.
- Select Order type name Buy or Sell.
- Chose pair from the ‘Select Pair’ dropdown.
- Display account balance in the ‘Your Available Balance’ section.
- Enter Expire date as a min, Hrs or day Basic.
- Chose order type.
- Chose Bot Type Single Entry, Take Profit or Doller cost Average.
- Select Bot Type.
- Ethen value as per bot type.
- Click on submit button to create the Bot.
Active Bot
To activate the bot click on the toggle button under “Is Active”.
Edit OR Delete Bot
Users can Pause, Edit and Delete the Bot from this section.
MarketPlace
A marketplace is an online platform that connects traders and investors. It allows traders to showcase their strategies and performance records, while investors can browse and select traders to copy. The marketplace provides tools and features for investors to evaluate traders' performance and risk levels. Once chosen, investors can allocate funds to automatically replicate the trades of the selected trader.
Trader API keys and Bots displaying here. Users can search Traders API key and Traders bots by Exchange, Time, Market Type, Trade Quantity etc.
There are two sections view Traders and My API sections
View Traders
In the view Traders sections displayed trader name, followers, Market, Minimum Capital Requirement.
My Followers
My Followers displays the number of investors who have chosen to copy a particular trader. The "My Followers" section typically provides information such as the number of followers, their usernames, and possibly additional details about their investment amounts or performance.
Here display the My Followers and My Bot Followers numbers.
Manage Copy-Trading
This refers to the functionality and tools available to traders for monitoring and controlling the copy-trading activities in their accounts. Traders can access a range of features that allow them to manage their copied trades, such as adjusting trade sizes, setting risk parameters, and modifying the allocation of funds to different trades. Managing copy-trading provides traders with the flexibility and control to optimize their copy-trading activities and enhance their overall trading performance.
There are two sections Payments Received and Manage Copy-Trading
Payments Received
Traders can see the subscription payments that have received as a Trader from copy traders who followed you or your bots.
Manage Copy-Trading
Here traders can publish API Keys and trading bots, and trade can Show and hide Marketplace and Copy Traders.
Publish
The trader can set Min Capital Requirements and Subscription charges per month for copy traders before it publishes.
Process flow as a Copy Trader
Add API Key:
Login to your account and go to link.
Click on Add API Key.
Create API Key
Clicking on this will lead you to the below page.
Click on the ‘Create API key’ button. This will open the Settings page of . You can find the ‘Create API’ section by scrolling down in Settings.
Add API Key
You can add your API key details by clicking on this ‘Add API Key’ button.
- Choose the exchange name from the dropdown.
- Choose market Spot, Futures, or Options.
- Enter API key name.
- Enter API key.
- Enter API Secret key.
- Click on Submit button.
Clicking on Submit button will save your API key to the particular market.
You can Edit and Delete your API.
Choose My Role
Choose Copy Trader from the options.
Marketplace
In this section, you can choose your Traders and their Bots.
Trader API Keys
You can search and follow Trader’s APIs and Follow them.
Copy Traders can search for a Trader by
- Exchange Name.
- Time.
- Traders Name.
- Markets (Spot, Futures, Options).
- Base Currency.
- Minimum Trade Quantity.
Choose the fields and click on Filter to filter your results.
Trader Bots
You can find all trader's bots here.
Copy Traders can search for a Bot by
- Exchange Name.
- Time.
- Traders Name.
- Markets (Spot, Futures, Options).
- Base Currency.
- Minimum Trade Quantity.
Choose the fields and click on Filter to filter your results.
Whom I Follow
In this section, users can see the number of Traders and Bots they are following.