How to use Bybit copy trading? (Follow experts)

Understanding Bybit Copy Trading Mechanics

1. Bybit copy trading allows users to automatically replicate the live trades of experienced traders without manual intervention.

2. Each strategy provider on Bybit maintains a public performance dashboard showing historical PnL, drawdown, win rate, and asset allocation.

3. Users allocate funds to a specific trader’s strategy, and Bybit mirrors every opening, closing, and adjusting trade in real time based on proportional equity.

4. Leverage settings are inherited from the copied trader unless manually overridden before activation.

5. Trade replication occurs only when the selected trader places new orders — no retroactive copying of past positions takes place.

Setting Up a Copy Trading Account

1. Log into your Bybit account and navigate to the “Copy Trading” section under the Derivatives tab.

2. Complete KYC verification if not already done, as copy trading requires identity confirmation for risk management compliance.

3. Deposit USDT or other supported stablecoins into your Unified Trading Account to serve as base capital.

4. Browse the leaderboard or use filters such as 30-day ROI, max drawdown, or number of followers to shortlist potential traders.

5. Click “Copy” next to a chosen trader, specify the amount to allocate, choose whether to follow margin mode and leverage, then confirm.

Risk Management Features

1. Users can set individual stop-loss thresholds that trigger automatic termination of copying if total allocated equity drops below a defined percentage.

2. The “Copy Ratio” function lets users adjust how much of their balance is exposed per trade relative to the original trader’s position size.

3. A built-in “Pause Copying” button halts new trade replication instantly while preserving open positions.

4. Daily profit/loss limits can be configured to suspend copying once daily gains or losses reach user-defined caps.

5. Bybit displays real-time exposure metrics including current open PnL, active positions, and margin utilization across all copied strategies.

Monitoring and Adjusting Active Copies

1. The “My Copies” dashboard shows live updates on each followed trader’s latest entry, exit, and modification timestamps.

2. Users receive push notifications and email alerts whenever a copied trader opens or closes a position exceeding 5% of their portfolio value.

3. Allocation rebalancing is possible at any time — increasing or decreasing capital assigned to a specific trader without disrupting ongoing trades.

4. Historical trade logs are archived with timestamps, order IDs, entry/exit prices, and realized PnL for every replicated action.

5. Open positions display side, size, entry price, mark price, liquidation price, and unrealized PnL in real time alongside the original trader’s corresponding values.

Frequently Asked Questions

Q: Can I copy multiple traders simultaneously?Yes. Bybit permits concurrent copying of up to 10 different strategy providers within a single Unified Trading Account.

Q: Are fees charged for using copy trading?A 10% performance fee is deducted from net profits generated by copied trades, payable only upon successful withdrawal or strategy termination.

Q: What happens if the trader I’m copying gets liquidated?All copied positions are closed at market price when the original trader’s account hits liquidation, triggering immediate settlement for followers.

Q: Is it possible to copy trades with different contract types than the original?No. Followers must replicate trades using identical contract types — BTCUSDT perpetual contracts cannot be mirrored as inverse BTCUSD contracts.