Here’s a step-by-step guide to help you initiate your first copy trade on Bybit.

• Initiate a Trade or Create a Bot
• View the Order and Position Details
• Set TP/SL
• Cancel Order, Close Position or Terminate Bot
• Edit Your Personal Settings (Master Trader)
• Share Your Profile or Order
  
  
  

 

 

Initiate a Trade or Create a Bot

Step 1: Please click on Tools → Copy Trading in the navigation bar to enter the Copy Trading page. 

 

 

 

 

 

 

Step 2: Transfer Assets

If you’re entering the Copy Trading page for the first time to initiate a trade, please click on My Copy Trading (Master Trader) → Transfer to make a deposit.

 

 

 

You will need to transfer funds to your Derivatives Account or Unified Trading Account (for UTA users) within your Master Trader Subaccount. 

 

 

 

Step 3: Click on Create Bot or Initiate Trade on the right side of the User Center (Master Trader) and you will be redirected to the Trading Bot creation page or USDT Perpetual trading page respectively. Currently, only USDT Perpetual Contracts and Futures Grid Bots are supported under Copy Trading.

 

USDT Perpetual Trading: All order placement features and trading tools available for USDT Perpetual trading are supported for Master Traders. You can see the number of Followers copying trades for the respective trading pair above your order zone. To view the supported trading pair under Copy Trading, please visit here.

 

 

 

Trading Bot: Once you click on Create Bot, you will be redirected to the Futures Grid Bot creation page. You can follow the suggested bot strategies generated by Bybit’s Aurora AI, or you can customize your bot parameters on the right. To learn more about Futures Grid Bot, please visit here.

 

 

 

Step 4: Congratulations! Your trade has been successfully initiated.

 

 

 

View Order and Position Details

Perpetual Trading

You can view the position or order details from the USDT Perpetual trading page or User Center (Master Trader) → Trades page.  Both pages will present the same data. 

 

 

 

On the User Center page, you can view order details either By Order or By Contract. Under the By Order tab, it shows the orders placed by each respective Master Trader. Under the By Contract tab, all orders for the same trading pairs opened in the same direction are consolidated into one position. The position Average Entry Price, Order Quantity, Mark Price, and Liquidation Price are displayed from a position perspective. It will be reset only when the respective direction of the position is fully closed.

The unrealized P&L on both tabs is calculated based on the average entry price. To view each order history, go to your Unified Trading Order or Derivatives Order page. For more information, please refer to FAQ — Copy Trading.

 

Trading Bot

On the User Center page, you can go to Bots → Running to see your active trading bot. On this page, you can see the investment amount to the bot, its running time, and the current Total P&L. To view more details, click Manage, which will direct you to the respective bot’s details page. 

 

 

 

 

 

Set TP/SL

Perpetual Trading

To set a TP/SL for your orders upon order creation, simply click on the Take Profit/Stop Loss on the order zone when you create your order. Alternatively, you can also set a TP/SL for your open position from the position tab. For more details, please refer to here. 

 

Trading Bot

You can set up the Take Profit or Stop Loss by USDT or Percentage (%) upon bot creation.

• If you set TP/SL by USDT, when the last traded price of the respective symbol reaches the set price, your bot will be terminated and your position will be closed at market price. 
• If you set TP/SL by %, when your Current P&L reaches the set percentage, your bot will be terminated and your position will be closed at market price.

 

Alternatively, you can also set up your TP/SL for your running bot from the bot details page. Please note that investing more funds into or withdrawing profits from your bot will affect your TP/SL ratio calculation. For more information, please refer to FAQ — Futures Grid Bot. 

 

 

 

 

Cancel Order, Close Position, or Terminate Bot

Perpetual Trading

To cancel your order, you can go to the Current Orders tab on the Perpetual Trading page. 

 

 

 

To close a position, go to the Positions tab and you can close by Limit or Market order. If you want to close using other strategies such as conditional order, you can either utilize our built-in TP/SL function (for Hedge mode) or place it from the order zone in One-way mode. 

 

 

Note: If the Master Trader‘s position in a trading pair is liquidated, all positions in the corresponding trading pair in the same direction of Followers will also be closed.

Trading Bot

To terminate the bot created under Copy Trading, you can go to Tools → Trading Bot → View My Copied Bots and click on Terminate. 

 

 

 

Once you terminate the bot, all your pending orders within the bot will be canceled and your positions will be closed at the current market price. The funds will be returned to your Unified Trading Account (for UTA users) or Derivatives Account. 

 

 

 

 

 

Edit Your Personal Settings (Master Trader)

To go to your Personal Settings Page, click on My Copy Trading → Edit Profile to manage your Account Info, Follower Settings, and Privacy Settings. Please note that any updates to the Account Info will need 1 – 3 business days for approval. 

 

 

Under Follower Settings, you can manage your Follower Whitelist, SyncMaster, and Profit Sharing Ratio.

 

 

Under Privacy Settings, you can manage your location display, signal protection, strategy protection, or hide your automatic strategy from the public.

 

View Profit Sharing Details

You can view your Profit Sharing Details from your User Center and the distribution record from the Funding Account. For more information, please refer to Copy Trading: Profit Sharing Explained.

 

 

 

Share Your Profile or Order

To share your profile, click on the Share button located at the upper right corner of your Copy Trading User Center page. Alternatively, you can click on Share in your Master Trader Portfolio page. 

 

 

 

It allows you to share your trading performance on social media accounts such as Telegram, Twitter, Facebook and Whatsapp with one click. 

 

 

You can also show your top-performing positions by sharing individual order P&L on social media.