Copy Trading: Profit Sharing Rules for Traders

Traders can share the net profits earned by their followers under a specific profit-sharing ratio. As a follower, you need to share a specific proportion of your position profits with the trader. The profit-sharing settlement period is daily.

 

Settlement Method

1. When a trader closes a position, if the follower generates profit and meets the profit-sharing requirements, the system will deduct the profit-sharing from the follower's account in advance. Settlement will then occur at 00:00:00 (UTC+8) the next day, calculating the actual total profit of the follower's follow orders for that day. This "actual total profit" is the profit-sharing to be paid to the trader.
2. If the actual profit-sharing to be paid is less than the pre-deducted profit-sharing from the follower's account, the excess profit-sharing will be refunded to the follower's account, and the remaining amount will be settled to the trader.

Settlement Time: 00:00:00 (UTC+8) the next day

Profit-sharing Requirements

1. Profit-sharing will occur the next day if there is no position-related association between the follower and the trader (i.e., all follower orders have been closed on the same day).
2. If the user has outstanding follow orders, profit-sharing will not occur until the final position is no longer associated, and profit-sharing will be calculated the next day.

Special Cases for Trader's Profit-sharing

1. Under normal circumstances, when a trader closes a position and the follower generates profit that meets the profit-sharing requirements, the system deducts the profit-sharing from the follower's account in advance, settling at midnight the next day.
2. In special cases, to ensure the rights of followers, if pre-deduction may lead to liquidation or unfavorable positions for the follower, the system will no longer pre-deduct, and the trader will not receive profit-sharing for that order.

BVOX Team