Here are some FAQ regarding Copy Trading. This article contains the following sections:
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What currencies does Zoomex support for contract copy trading?
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Is there an authentication (KYC) requirement for contract copy transactions?
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Can I separate my account to copy contracts by opening a sub-account?
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Can I use claimed bonuses and coupons for trades in Derivatives Copy Trading?
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Will existing trading fee discounts apply to copy trading's trades?
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Does the VIP fee rate apply to trades in Derivatives Copy Trading?
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Do I need to manually transfer my funds to the Copy Trading Account to start Copy Trading?
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What is the difference between One Click Follow and Customize?
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What is the maximum leverage and risk limit for Derivatives Copy Trading?
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What are some of the reasons why Followers fail to follow Master Traders?
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Why are Followers unable to follow certain trades from their Master Trader?
- Do you have a function for partial close?
- Are there any campaigns specifically for Copy Trading?
1. What is copy trading?
Copy trading is a portfolio management tool that allows traders to copy the trading strategies of investment experts and execute them automatically in Zoomex Platform.
2. What currencies does Zoomex support for contract copy trading?
Currently, only USDT is supported.
3. Is there an authentication (KYC) requirement for contract copy transactions?
No, KYC is not mandatory for utilizing the copy trading function, but we strongly advise traders to undergo KYC verification to bolster the security of their accounts.
see Individual KYC FAQ or Business KYC FAQ.
4. Can I separate my account to copy contracts by opening a sub-account?
Currently, Zoomex does not offer sub-accounts. However, traders can still control how much funds they want to use for copy trading by manually transferring funds from the Contract account to the Follower Account.
5. Can I use claimed bonuses and coupons for trades in Derivatives Copy Trading?
No, bonuses and coupons cannot be used in Derivatives Copy Trading.
6. What are the fees associated with a copy trade?
The trading fee and funding fee are the same as the rates incurred when you trade on Zoomex's Derivatives platform.
7. Will existing trading fee discounts apply to copy trading's trades?
Yes, the existing trading fee discounts will apply to copy trading as well.
8. Does the VIP fee rate apply to trades in Derivatives Copy Trading?
Yes, the VIP fee rate applies to trades in Derivatives Copy Trading.
9. Can I follow more than one Master Trader?
No, trader can only follow one Master Trader at any time.
10. Do I need to manually transfer my funds to the Copy Trading Account to start Copy Trading?
Yes, both master traders and followers will need to manually transfer your funds into the Copy Trading Account.
You can go to My Follows → Transfer of Funds, or transfer via your asset page.
For more information, please refer to How to transfer asset to another wallet
11. What is the difference between One Click Follow and Customize?
| Copy Mode |
One-Click Follow | Customize |
| Explanation | In this mode, the follower will copy everything the master trader does. This means they'll use the same trading pair, margin settings, leverage, trade direction, stop loss, take profit, and more. They'll open positions based on the master trader's margin ratio and adjust or close positions accordingly. | In this mode, followers are free to set their own parameters for following the orders. Followers can set the fixed margin, leverage for each copy trade on their own. Experienced users can select this mode to customize their order settings. |
12. What is the maximum leverage and risk limit for Derivatives Copy Trading?
The maximum leverage and risk limit for each trading pair varies, just like when you open a derivative perpetual contract. To find out the maximum leverage for a specific pair, check the leverage adjustment window when you start a trade.
13. What are some of the reasons why Followers fail to follow Master Traders?
Here are a few of the common reasons:
- The maximum number of Followers allowed by a Master Trader has been reached.
- The Master Trader you’ve selected has been removed.
14. Will Followers automatically copy all existing open positions of their Master Traders once they have copied the Master Trader?
No, please note that only trades that are created after the followers copy the Master Trader successfully will be copied. Moreover, there is no guarantee that all trades will be copied successfully due to several reasons such as insufficient funds.
15. Why are Followers unable to follow certain trades from their Master Trader?
If Followers aren’t able to follow a copy trade, it could be for one of several reasons:
- The Follower’s Derivatives Copy Trading Account has insufficient funds to copy.
- The maximum copy trades quota of the Master Trader has been reached.
- The slippage for the copy order has exceeded the maximum slippage allowed set by Followers. For example, the maximum slippage per order set is 0.5%. If the market price of the copy trade order has exceeded 0.5% of the entry price of the trade initiated by the Master Trader, it will not be copied. There may be slight variations due to price fluctuations.
- The maximum position margin per contract or the maximum daily limit set by the Follower has been reached.
- The follower has set Customize mode so that some rules conflict with the Master Trader's position. Hence, the order is not entered by the system.
16. Do you have a function for partial close?
To improve position management flexibility for lead traders and enhance the copy trading experience, we are excited to launch the Partial Close feature!
Lead traders can now close positions in batches, and followers' positions will be intelligently synchronized in real-time — achieving more precise risk control.
Note: Currently available on the web. App version coming soon.
Feature Highlights
-Flexible Position Splitting
When lead traders hold multiple positions, the partial close feature automatically splits orders based on opening time.
-Real-Time Sync for Followers
Followers’ positions will be partially closed proportionally based only on the positions they have copied.
How to Use
-Steps: Trading Page → Position Overview/Details → Select “Close” and enter the proportion
-Logic: The system will automatically sync the partial close based on the copy-follow ratio. No action is required from followers.
17. Are there any campaigns specifically for Copy Trading?
