Toobit copy trading has features over 10 detailed sections, including leaderboards, trader analytics, copy settings, and performance monitoring.
You can select from fixed ratio or fixed amount copy modes and adjust settings like leverage, slippage, and stop-loss. From the available expert traders, users must choose the ones with over 60% win rate to earn real passive income.
Overview of the Copy Trading Section in Toobit
To use the social trading feature of the Toobit exchange traders must follow the steps below. Toobit social trading process:
- Access the “Copy Trading” section on the Toobit exchange;
- Explore the social trading section;
- Review Expert Traders Profiles;
- Customize the copy parameters and begin coping;
- Manage copied trades.
Before diving into each step, check the table below to get an overview of various aspects of the mirror trading section of this cryptocurrency exchange.
Parameters | Copy Trading Feature |
Minimum Investment Amount | $10 |
Copy Fee/Commission | 0.02% For Each Trade |
Top Trader Filters | ROI, Total PnL, Win Rate, AUM, Sharp Ratio, etc. |
Copy Parameters | Total Investment Amount, Slippage, Order Mode, etc. |
Stop Copy Option | Yes |
#1 Access the “Copy Trading” Section
Once on the Toobit dashboard, click “copy trading”, then, if you want to copy others trades, select “Copy Trading”, but if you want to be a signal provider, choose “Be A Pro Trader”.
#2 Explore the Social Trading Section
You can view your copy trading account status, including total assets and net profits. You also have access to the following sections:
- Copy trading guide
- Leaderboard
- All Pro traders
- Community
Copy Leaderboard
The leaderboard displays traders by ROI, profitability, and follower profit. From there you can choose the best traders and start copying their actions.
All Pro Traders
Use filters or search in the All Pro Traders tab. Check their profit in the 7 days, see their ROI, win rate, and sharp ratio at a glance, and use the “Copy” button to start instantly.
Community
The Community section lets traders share analyses and reports. Here you can like, comment on, and share their ideas with other. Also, a subscribe button is dedicated follow them regularly.
#3 Review Expert Traders Profiles
Click on a trader to view start date, followers, trading style, days active, and profit share rate. Here are the details explained under a few tabs:
- Transaction Information: See the last 7, 30, 90, and 180 days of the trading data, ROI records, and trading analysis;
- All Trades: Access the current trades and positions history, including open/close date and time, entry price, volume, and realized PNL;
- Transfer Records: See all transactions to spot or futures market accounts, categorized in currency and size;
- Actions: Take a look at latest short/long positions, their leverage, date/time, and the amount;
- Followers: Have a full access to whom are following this trader, including their total invested amount, profit made, and runtime.
#4 Start Copy Trading
On the trader’s page, click the “Copy” button. Choose between Fixed Ratio (proportional trades) and Fixed Amount (specific investment per trade).
On Fixed Ratio mode, customize total investment, order mode (Cross/Isolated), reserve capital, take profit, and stop-loss. After all, agree to the terms and click “Copy”.
On Fixed Amount mode, enter total investment, amount of single opening position, order mode (cross/isolated), reservation margin (by position), set the leverage, set investment limit ratio (optional), and TP/SL ratio (optional).
Then, check the agreement box, and click “Copy”.
#5 Manage Copied Trades
On the copy trading main page, use the “My Copy Trades” section to track invested amount, copy profit/loss, profit share, and final profit. You can edit or stop copying at any time.
How to Become a Pro Trader on Toobit
To qualify as a Pro Trader, you need $100+ balance, 20%+ profitability, and $1,000 trading volume. Submit your application directly from the platform.
If you wonder how the social trading feature of the Toobit exchange compares to those of other exchanges, check the table below.
Parameters | Toobit Exchange | |||
Minimum Investment Amount | $10 | N/A | Varies by the Coin or Token | $30 |
Copy Fee/Commission | 0.02% For Each Trade | N/A | 0.06% | From 5% to 35% |
Top Trader Filters | ROI, Total PnL, Win Rate, AUM, Sharp Ratio, etc. | PnL, Number of Followers, New Pro Traders, Leaderboard | PnL, Winrate, Copiers Profit, AUM, Maximum Drawdown | Highest ROI, Highest PnL, Winrate, Followers, New Traders |
Copy Parameters | Total Investment Amount, Slippage, Order Mode, etc. | Copy Amount, Stop Loss Ration, Maximum Copy Amount | Margin, Maximum Flow, Stop Loss, Take Profit | Copy Amount, Stop Loss |
Stop Copy Option | Yes | Yes | Yes | Yes |
Final Words and Conclusion
Toobit copy trading offers a seamless way to profit by copying successful traders while maintaining control over risk and investment settings, like TP and SL in just 5 steps.
From browsing leaderboards and community reports to customizing copy trade modes and becoming a Pro Trader, this platform provides a complete ecosystem for beginners and experts alike.
If you don’t know how to charge your account to begin earning passive income, read Toobit BTC deposit from the guides listed on the Toobit tutorials page.
