Trader Guide: Must-Read for Lead Traders
1. Requirements for Lead Traders
To qualify as a lead trader for Futures copy trading, traders must meet the following requirements; otherwise, copy traders will be unable to follow their trades:
1. Futures account balance ≥ 500 USDT.
2. Lead trader must hold multiple positions.
3. Must not be copier of another lead trader.
2. How Do Lead Traders Earn Profit Sharing?
Profit sharing is determined based on the lead trader’s level:
Trader Level | Profit Sharing Rate |
Beginner | 8% |
Intermediate | 10% |
Advanced | 15% |
Top | 20% |
Master | 30% |
Legend | 50% |
The profit sharing rates in the table above represent the maximum percentage that a lead trader can set. New traders can modify their profit sharing percentage through the Personal Settings section on their lead trading page.
3. Profit Sharing Rules
a. The system calculates the PnL of each copy trader’s order and aggregates these during the settlement period to determine the lead trader’s overall PnL. Profit sharing is granted only when the lead trader’s overall PnL is positive. If the overall PnL is negative, even realized profits will not be shared. On settlement day, profit sharing will be credited to the lead trader’s copy trading account.
b. Profit sharing is only granted when there are no active copy trading relationships between the lead trader and copy traders. If any open positions remain linked to copy traders, profit sharing will be deferred until all associated trades are closed.
c. The settlement period for the copy trading system is one calendar week. PnL calculation occurs from Monday 00:00 (UTC+8) to Sunday 23:59:59 (UTC+8), with settlements processed every Monday 00:00 (UTC+8).
d. Profit Sharing Formula:
Realized Profit from Closed Orders × Profit Sharing Rate