Here’s a step-by-step guide to copying your first Gold&FX trade on Bybit.

• Copy a Master Trader

• View Your Positions

• Edit Your Copy Trade Settings

• Increase or Reduce Investment Amount

• Cancel Copy Your Master Trader

 

Copy a Master Trader

Step 1: Please click on Tools → Copy Trading → Copy Trading Gold&FX in the navigation bar to enter the Copy Trading Gold&FX page. 

 

Step 2: Click on Copy at the bottom of the Master Trader’s card whom you wish to follow to enter the settings page. Followers can copy up to 10 Master Traders simultaneously.

 

 

Here’s a tip: You can click on the Master Trader's card to access the portfolio page and view more comprehensive trading performance data.

Step 3: Create your Copy Trades by setting your Investment Amount and Set Your TP/SL Amount.

 

Investment: The minimum and maximum investment amounts are 100 USDT and 1,000,000 USDT respectively for Followers. Please note that your Master Trader can set a higher minimum investment amount required for copying, and you will be able to see the amount stated in the column.

Set Your TP/SL Amount: Choose either Take-Profit Amount or Spot-Loss Amount.

• A take-profit order will be triggered once your profit reaches the specified level.

• A stop-loss order will be triggered once your loss reaches the specified level.

 

All positions under the respective Master Trader will be closed, and you will automatically unfollow the Master Trader when the TP/SL is triggered. Please note that Stop Loss (SL) triggers are not executed instantly and may experience a delay of a few minutes due to market conditions, execution priority, and system processing time. 

 

In this window, you can also see the Master Trader’s performance and the profit-sharing ratio. The profit-sharing ratio varies according to the Master Trader’s level. If the profit-sharing ratio is 10%, it means that Followers will need to share 10% of their cumulative net profit earned under this Master Trader, with the Master Trader.

Step 4: Once the parameter settings are confirmed, please check the Agreement Acknowledgment Box and click on Copy Now.

 

 

Congratulations! You have successfully followed a Master Trader.

 

Note: Gold&FX trading is unavailable on weekends, international public holidays, and during system maintenance. A notification will be displayed on the Copy Trading Gold&FX homepage during these times. Certain trading pairs may also be temporarily unavailable during trading hours. Please note that any unavailable trading pairs in the Master Trader's portfolio will not be copied when creating your copy trades.

View Your Positions

Step 1: To view your copied positions, click on My Gold&FX Copy Trades on the Copy Trading Gold&FX to enter the User Center (Follower).

 

Step 2: On the User Center (Follower), under the Dashboard, you can view comprehensive data, including the following parameters:

 

 

Edit Your Copy Trade Settings

You can adjust the parameters of your copy trade by following the steps below.

 

Step 1: Please click on My Gold&FX Copy Trades located at the upper left corner of the Master Trader portfolio page to enter the User Center (Follower).

 

Step 2: Click on the Details of your respective Master Trader under the Following tab.

 

Step 3: Go to the Currently Following page and click on More Settings. You can update the Take-Profit and Stop-Loss amounts, and click on Configure Settings.

 

Increase or Reduce Investment Amount

Step 1: Go to User Center (Follower) → Following → Adjust Investment. Then, click on Increase Investment or Reduce Investment. Once submitted, the request to reduce investment cannot be revoked.

 

 

Notes:

— Increasing or reducing your investment will not impact the Take-Profit and Stop-Loss, as these are based on the total realized and unrealized P&L during the following period.

— The maximum reducible amount will be displayed in the Reduce Investment window.

 

Cancel Copy Your Master Trader

To cancel copying your Master Trader, go to User Center (Follower) → Following,  and click on the Details of the respective Master Trader you wish to unfollow. 

 

 

Please note that all your positions copied from this Master Trader will be closed when you unfollow the Master Trader. Please note that any open positions during non-trading hours may experience a delay in closure.