Copy traders: How do I choose a lead trader?

Date de publication : 22 déc. 2022Date de mise à jour : 27 déc. 2024Lecture de 3 min105

Having access to key data about each lead trader is essential for making informed decisions when choosing whose trades to copy. By analyzing their performance metrics, trading history, and strategy details, you can better assess their suitability for your investment goals and risk tolerance. This transparency empowers you to make smarter, data-driven choices that align with your trading objectives.

How do I navigate to the Copy trading page?

  1. Find our community of lead traders by going to Discover > Smart trading

  2. Once on the page, switch the sub-section to Copy trading

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    Navigate to the copy trading page by selecting Discover > Smart trading > Copy trading

  3. Simply select Copy of your preferred trader when you've made your decision

How can I choose a lead trader for copy trading?

Copy trader's list

In the copy trading page, you can rank lead traders according to a number of different data indicators, before making your selection. You can also make your selection based on two type of traders – Spot and Futures.

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Select the default Overview option to load other data indicators

The current available data indicators are as follows:

Indicator Definition
Overview Calculation based on the weighting of multiple indicators for each traders
Win rate Win rate = No. of profitable orders / Total no. of orders
PnL%
PnL% = Profit / Cost. Cost calculations will consider any changes caused by funds being transferred in or out of a user’s trading account.
PnL PnL = Assets at start of period - Assets at end of period + Assets transferred out - Assets transferred in
AUM Assets under management. The total value of assets copied by followers who are currently copying this trader.
Current copy traders Traders whose positions are currently being copied by other traders
Copy traders’ PNL The sum of follower profits for the selected period

Note: lead trader data is updated every hour.

Ranking by “Overview”

You can also select Overview to see a comprehensive ranking of lead traders, which we calculate by weighting multiple indicators for each trader. The current indicator weighting is as follows:

Indicator Weighting
Cumulative PnL% 20%
PnL% (Last 30 days) 15%
PnL% (Last 7 days) 10%
Max. drawdown (Historical) 10%
Max. drawdown (Weekly) 10%
Number of copy traders 20%
PnL of copy traders 15%

Note: the weighting of indicators may be adjusted at any time based on feedback and data after launch.

Trader profile

You can select on a lead trader’s name to see their profile, which contains a more detailed breakdown of their trading history, portfolio, and following. You can directly follow a lead trader or copy their trades from this page.

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Select any lead trader that intrigues you and you can view the profile that loads