Skip to main content
All CollectionsProductCopy Trading
Why does following order fail?
Why does following order fail?
Updated over a week ago

Why does following order fail?

The available margin balance of the copying project is insufficient;
the trading expert uses a limit order/conditional order-limit price/maker-only order to open a position, but the order has not been fully completed; the
order volume of the copying user's order is less than the minimum order for the currency pair volume;
the market price deviates from the entry price of the order leader by more than 0.5% (or the slippage value set by the user who follows the order); the
market price order fails to open and the transaction is still not completed after retrying.

Please note:

  • The weekly profit settlement cycle is from Monday 00:00:00 (UTC) to Sunday 23:59:59 (UTC).

  • Weekly profit sharing will only be settled when there is no position in the copying project. Handling fee rebates are not affected by position holdings.

  • After settlement is completed, the profits will be automatically distributed to the trading expert's main account every Monday.

  • Trading experts can get 10% commission on unfinished copying projects every Monday.

  • There is a cap on the weekly 10% commission rebate. The system will take a snapshot of the margin balance of the copying project every Monday at 00:00 (UTC), and the upper limit of the rebate is Min [total copying and transaction fees * 10%, margin balance of the copying project * 3% * 10%] · In
    addition , the system will also distribute profits to the trading expert under the following circumstances:

  • The copying user stops following the order;

  • The trading expert ends the order

  • The copying user withdraws the profit from the copying project.

How to calculate the amount of profit to be distributed?

  • Amount of profit to be distributed = Max[Realized profit of the follow-up project * Profit distribution ratio - Amount of profit distributed, 0]

  • How to calculate the profit sharing amount of the documentary project?

  • The amount of profit sharing is based on the profit and loss statistics of the entire copying project. The system will calculate the total profit of all copying projects.

  • Assume that the copying amount of a copying project is 1,000 USDT, and multiple copying transactions are carried out every week, and the profit sharing ratio is 10%.

time

Changes in profit and loss

Total profit and loss

Total profit amount

Total profit amount

Amount to be distributed

the first week

the second week

  • Change in profit and loss refers to the net profit realized for the week.

  • Total profit and loss refers to the total profit currently realized by the copying project.

  • Realized profits are after deducting all related expenses.

  • The profit distribution amount refers to the profit distribution amount that has been settled.

Did this answer your question?