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    How to Apply to Become a Copy Trading Gold&FX Master Trader
    bybit2025-01-02 04:49:50
    On the AppOn the Website

    Becoming a Gold&FX Master Trader on Bybit's Copy Trading platform allows you to share your trading expertise, grow your influence, and earn profit-sharing rewards. Follow this guide to apply and start your journey today.



    Key Information to Know Before Applying

    1. Subaccount Requirement: Use a Subaccount (and not a Main Account) for your application. If your Subaccount previously created a Gold&FX (MT5) Account or applied to become a Copy Pro Master, it is ineligible for the application.

    2. System-Generated MT5 Accounts: You do not need to create an MT5 Account manually. One will be created automatically upon approval, and account setup details will be emailed to you.

    3. Supported Contracts: Copy Trading Gold&FX supports Forex, Indices, Metals, Oil, and Commodities contracts. USDT Perpetual contracts are excluded.

    4. MT5 Platform Familiarization: Review the MT5 Guide for a comprehensive understanding of the platform. 

    5. Read the Master Trader Agreement: Familiarize yourself with your responsibilities and potential breaches before applying.

     

     

     

     

     

    How to Apply for Gold&FX Master Trader

    Step 1: Log in or switch to a Subaccount that meets the eligibility requirements. You can create a new Subaccount if you do not have a supported Subaccount by referring to the guide here.

     

     

     

     

     

    Step 2: Navigate to Tools → Copy Trading → Copy Trading Gold&FX.

     

     

     

     

     

     

    Step 3: Click on Join as a Trader to enter the Gold&FX Master Trader application page. 

     

     

     

     

     

     

    Step 4: Read the agreement carefully and click I have understood and agreed to the above agreement to proceed.

     

     

     

     

     

     

    Step 5: Provide the following details and acknowledge the MT5 terms and conditions before submitting your application:

     

    Information Required

    Description

    Nickname

    • Your nickname must be unique, within a 30-character limit, and not used by another Master Trader on the Copy Trading platform. 

    • Refrain from using nicknames associated with politics, vulgarities, violence, or impersonation of official entities. 

    • Avoid using "Bybit" or phrases hinting at quick profits, such as "FOMO", "all in", or "financial freedom."

    Bio

    • Refrain from including external links or promising guaranteed profits. 

    • Avoid descriptions associated with politics, vulgarities, violence, or impersonation of official entities. 

    • Do not use "Bybit" or phrases hinting at quick profits, such as "FOMO", "all in", or "financial freedom".

    Profit Sharing Ratio

    • Profit shares are distributed every Sunday at 12 AM (midnight) (MT5 time, UTC+2 or UTC+3). 

    • They are only distributed if the current equity exceeds its historical peak. The profit share is calculated as the difference between the current equity and its highest recorded value, multiplied by the profit-sharing ratio.

    • For more details, please refer to Copy Trading Gold&FX: Profit Sharing Explained.

    Min. Investment

    This is the minimum investment amount for your Followers.

    Telegram Account

    Your Telegram ID will only be used by Bybit to contact you, and will not be shared with other users.

     

     






    Step 6: A confirmation window will appear. Acknowledge the information and click Confirm.

    • Processing Time: Applications are typically reviewed within 1 hour. Delays may occur during server maintenance.

    • Notification: Results will be sent to your registered email address.

    Note: Avoid creating a Gold&FX Account or following other Master Traders during the application review period, as this may affect your eligibility.

     

     

     

     

     

     

     

     

    How to Set Up Your MT5 Account for Copy Trading

    Step 1: Once your application is successful, open the relevant email received and click on the [Set Password] link in the email to create a new password. 

     






    Step 2: Click on Reset Password in the upper-left corner to set your MT5 Account password. Set up the Google Authentication on your Gold&FX Master Trader Subaccount by following this guide if you have not done so. 

     






    Step 3: Select the type of password you would like to reset. There will be a pop-up window with two options:

    • Reset MT5 Read/Write Password: Master Password that grants you full access.

    • Reset MT5 Read-Only Password: Investor Password that provides read-only access.

     






    Step 3: Download and install the MetaTrader5 platform from the MT5 landing page on Bybit. 

     






    Step 5: View your MT5 Dashboard and log into your MT5 Account with the credentials.

     



    Congratulations! You are now a Gold&FX Master Trader. Switch to your Gold&FX Master Trader Subaccount and MT5 Account to start Copy Trading.

     

     

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