Function:
With the help of the Trade Copier, traders can release their products and use trading behaviors in the form of trading instructions to trigger the copiers' accounts to automatically perform the corresponding trading operations.
The trader can obtain the share of the revenue of the copier (the share is only settled when the copier make profit at the day).
The copier can follow the trader's instructions to trade automatically, which may obtain a profit (or loss) trader as the trader.
Special note:
The profit and loss results of the trader copier are related to many factors such as the trader's operation level, the object of transaction, and the copy period. The trader and the DragonEx platform do not take any responsibility for the profit and loss of the trade copier.
Product interface description
- Square: display a list of products that are currently open.
- Copied products: display the products copied by the current user, including the products being copied and the products copied in history.
- My product ：display the products released by the current user, including the products that are running and the products that is stopped.
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Product page: display detail of the product
Copier
1. Copy the product
The user can select the product for copying in the[Square]. When copying the product, the investment amount will be automatically deducted from the exchange account of the copier. After the copying is stopped and the settlement is completed, the investment will be transferred back according to the final profit and loss. Fund could not transfer while copying;
2. Automated trading
When the trader trades, the Copier’ virtual account will automatically trade according to the trader's transaction ratio (opening ratio: opening margin / account equity; closing ratio: closing positions / holding positions), and the copier does not need to handle it manually.
Copier can check the profit and loss amount of the closed position and daily profit and loss ratio of the closed position through the "Duplicated product" list.
3.Stop copying
During the copy transaction,
①The copier can click "Stop Copying" at any time to actively stop copying the product.
②When the equity / investment amount of the virtual account of the copier is less than the stop loss line, the copy of the product will automatically stop.
③When the trader stops taking the order, the copier will also automatically stop copying the product.
When copying is stopped, the position of the copier's virtual account will be closed at the market price. After completing the settlement, the investment of the copier is transferred back to the exchange account of the copier according to the final profit and loss.
note:
- Product profit ratio, maximum retracement, income and other data only represent the historical profit and loss of the trader, and do not mean that you can achieve a consistent profit and loss after you copy the product.
- The Futures leverage adopted by the trader will be displayed on the product details page. It is recommended that you carefully copy products with high leverage.
- Please read the trade copier user agreement carefully, and you must agree to the agreement before copying the product.
- Due to restrictions such as trading slippage, minimum order requirements, and different initial transaction start times, the trading ratio of the copier's virtual account may not be exactly the same as the trader.
Trader
1. Release products
The maximum leverage can be set to the maximum leverage of the Futures object (but it is not recommended to use high leverage to release products). When a trader releases a product, if the available Futures account balance is lower than the minimum investment requirement, the difference will be automatically transferred from the currency account to the target contract account.
2. Transaction
After the product is successfully released, the trader generates a corresponding copy transaction instruction in his target Futures account transaction, which will automatically trigger the copier virtual account transaction.
During the trader's transaction:
①Traders can click the "Close Product" button at any time to manually close the product.
②When the trader's target futures account force to liquidation, the product will be automatically closed.
When closing the product, the position of the trader's target contract account will be closed at the market price, and the copy will automatically stop copying.
note:
- The product name is strictly prohibited from any form of profit and capital guarantee, and illegal content is not allowed, otherwise it will not pass the review.
- After the product is released, the leverage and asset transfers of the underlying contract are frozen, and the product cannot be unlocked until the product is closed. It is recommended that traders choose the leverage multiple and reserve sufficient margin to maintain a sufficient margin rate to avoid liquidation caused by market fluctuations and bring unnecessary losses to themselves or their copiers.
- Please read the trade copier user agreement carefully, and you must agree to the agreement before copying the product.
FAQ
Q：What’s the requirements of releasing product for a trader?
A：1.The trader must complete the intermediate authentication 2. set the avatar and nickname before publishing products （Could release product during the audits）3.100 USDT is the minimum investment amount 4.Traders can release up to two products at the same time;
Q：What are the thresholds to be a Trade Copier trader?
A：If the accumulated profit is no less than 100USDT and positions holding over 24 hours, your Trade Copier following function will be activated.
Q：What trading markets does the Trade Copier function support?
Answer: At present, all the tokens in the Futures are supported. DragonEx will add DT-margined tokens in the future.
Q：What is the range of the yield curve?
A1: Accumulative profit snapshot that takes at 16:00 every day.
Q：What’s the regulation of copier and trader profit sharing?
A：Every day at 17:00 (UTC + 8), the share of the day (16: 00: 00 ~ 15: 59: 59) will be settled. If the copier closes profit and loss on that day > 0, and the accumulative profit is positive, then the trader will be given the share of the product, otherwise trader could not receive the profit sharing.
Profit sharing: It sets up by the trader. Currently, it supports the ranges from 0~20%.
Platform service fee: 5% (charge investors)
Q：What is the requirement for copiers?
A：1.Must complete the intermediate authentication2.shall pay 1 DT to trader if the free quota is full.
Q：What if I regret paying to copy？
A：There are 3 situations, fund will return back to copier’s exchange account.①Trader stop the product, and copier copy the trading less than 7 days;②if trader does not open positions more than 7 days.3.Copier stops copying, and never open positions
Q：How to set up the stop-loss line？
A：Copiers could set a 30~90% stop loss line based on risk tolerance and trader retracement data.
Q：Why the remaining amount after reaching the 70 % stop line is less than 70%?
A：At the time of force liquidation, due to the influence of market depth, the stop loss price will be slightly different, and the remaining funds may be slightly less than 70% of the amount of the copy.
Q：Why is the trader's return rate 30%, and the return rate of my copy is slightly less than 70%?
A：In the process of copying orders, affected by the depth of the market, commands, etc., sometimes the order cannot be placed at the same point, resulting in a slightly different rate of return.
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