Connect to a Copytrading Service

 

Connect to a Copytrading Service

  1. Choose a Copytrader
  2. Connect to a Copytrader

Copy-trading lets you copy expert traders automatically and hassle-free allowing you to
get the same results, while the settings, strategy, and risk management is all handled
by the trader


How to choose a Copytrader?

It's up to you which trader to copy, but here are some suggestions to take into consideration:

Which quote:
A way to choose the quote is to decide; what is the coin you prefer to accumulate?
If it's Bitcoin, you can filter to view traders who trade using Bitcoin pairs.
Or if it is USDT select USDT as the quote.

Which exchange:
If you created an account with Zignaly Exchange, or connected another exchange account,
then you can filter to only list copytraders providing signals for the exchange you are using

The better choice?
Once you set your desired filters like Quote and Exchange, you'll see the entire list of traders
for this combination, we encourage you to set the time frame to at least 90 days.
It's always a good idea to consider long term results. Who is able to get good results even
with strong market movements?

Tips when choosing a Copytrader:

  • Look at long term statistics, a trader that has shown
    continuous results.
  • How informative are they on their trader profile page,
    do they provide details of their strategy, why it succeeds,
    what drawdown is to be expected
  • Have they provided updates on their Zignaly 'feed' section
    or have an active community (discord, telegram)
  • Does this strategy fit with what you are looking for,
    some prefer more conservative strategies, and others are
    more open to high risk/reward strategy.
 
  After you've decided on a copy trader, Here's how to start copying:

Connect to a Copy Trader

 
 

 
 

1. Take a look at the Copytrading marketplace to view all available Copytrading Services (from the left side-bar menu)

​Choose a Copytrader.
On the trader box, you will see the trader's monthly subscription price (if any), if they are trading Spot or futures & previous return results.

*Previous results do not guarantee future performance

Click VIEW TRADER to open their profile page.

 
 

2. In the top right corner of the screen,
select the exchange you would like to use for this copytrader

select_exchange.png

 
  Be sure that your selected exchange account has the funds needed to cover your allocated amount & that this is also in the quote the copytrader is using. example: 100 USDT, you must have this amount of USDT not value in BTC or held in other coins.  
 

3. Next select ‘Copy this Trader’ 

 
 

4. Allocate your funds
Enter the amount you wish to allocate from your balance

What does this mean? Basically, this is the max balance the trader will use from your funds. If the trader uses 10% of his funds, it will replicate on your account using 10% of your funds proportionally.

Take into consideration that all the traders have a minimum amount to allocate, this is related to their strategy, and it's not possible to invest less than this amount.

 
 

5. (unless it's a free service or trial) Select 'pay using Coinpayments', once your payment goes through to the Copytrader, it will list your expiry date, and you are now connected to this trader!


That's it! Just wait for the next position to be opened from your Copytrader 😉

New positions will appear on your dashboard

 

 

Was this article helpful?
15 out of 17 found this helpful
Have more questions? Submit a request

Comments

0 comments

Please sign in to leave a comment.