How to start copy trading on Bybit? A beginner's guide.

Understanding Copy Trading Mechanics

1. Copy trading allows users to automatically replicate the trades of experienced traders in real time.

2. Bybit’s copy trading interface connects followers with verified signal providers based on performance metrics like ROI, drawdown, and trade frequency.

3. Each provider has a public profile showing historical PnL, open positions, and risk score calculated from volatility and position sizing behavior.

4. Followers allocate capital to a provider’s strategy, and Bybit mirrors every executed trade proportionally to the follower’s selected investment amount.

5. Leverage settings are inherited from the copied trader unless manually adjusted before copying begins.

Setting Up Your Bybit Account for Copy Trading

1. A verified Bybit account is mandatory—KYC Level 2 is required to access copy trading features.

2. Users must complete identity verification using government-issued ID and a selfie holding that document.

3. Deposit funds into the Unified Trading Account (UTA) using USDT, USDC, or BTC via on-chain transfer or P2P options.

4. Navigate to the “Copy Trading” tab under the “Trade” section in the web or mobile app interface.

5. Enable two-factor authentication and review API permission restrictions to ensure no third-party tools interfere with auto-execution logic.

Selecting a Reliable Signal Provider

1. Filter providers by minimum equity, win rate, and consistency of returns over at least 90 days.

2. Avoid providers with sudden spikes in equity—these often indicate unsustainable martingale or over-leveraged strategies.

3. Examine individual trade logs to identify patterns such as frequent stop-loss triggers during low-liquidity hours or excessive scalping during news events.

4. Check if the provider uses trailing stops, partial closes, or fixed take-profit levels—these impact risk-adjusted outcomes significantly.

5. Prioritize providers whose maximum drawdown remains below 25% across multiple market cycles including sideways and volatile regimes.

Managing Risk During Live Copying

1. Set a personal maximum allocation limit per provider—no single strategy should exceed 15% of total UTA balance.

2. Adjust copy ratio dynamically: reduce exposure when the provider’s equity drops more than 10% from peak or increases leverage beyond 10x.

3. Monitor slippage alerts—if order fills deviate more than 0.3% from intended price consistently, pause copying and investigate network latency or liquidity conditions.

4. Disable auto-copy during scheduled Bybit maintenance windows or major economic data releases like CPI or FOMC announcements.

5. Use the “Pause Copying” button instead of full termination when evaluating short-term underperformance—some strategies require multi-day consolidation phases.

Frequently Asked Questions

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

Q: Are copied trades subject to Bybit’s standard fee structure?Yes. All copied trades incur the same taker/maker fees and funding rates applied to your account tier, not the provider’s.

Q: What happens if a copied trader closes their account?Copies are automatically halted. Open positions remain active but no new trades will be mirrored. You must manually close or manage those positions.

Q: Is profit sharing mandatory between follower and provider?No. Bybit does not enforce profit-sharing arrangements. Some providers set voluntary tips or subscription models outside the platform, but these are independent of Bybit’s infrastructure.