Staying in front of the screen the entire day can prevent you from doing other important tasks of your livelihood. Hence, copy trading exists, a feature that allows you to copy professional traders and follow their trading strategy to automate your Crypto trading. This article will talk about MoonXBT copy trading, a platform with one-of-a-kind Light contract trading and copy trading.
Summary (TL;DR)MoonXBT is a derivatives trading platform with one-of-a-kind light contract trading. Unlike traditional derivatives products, light contracts enable easy, understandable, and fast trading, easy to follow even by an absolute beginner.
The platform also comes with various features such as multi charts, Demo mode, high liquidity, high leverage, no threshold, low fees, and an extremely simple interface. Coming to the most important feature, the platform also provides copy trading, and in this article, we will only talk about MoonXBT copy trading. To learn more, read our MoonXBT review.
Visit MoonXBT MoonXBT What is Copy Trading?To put it briefly, copy trading enables beginners to copy the trading strategies of professional traders and pay them a small amount of the profit. Now talking about copy trading, it was basically created for people who don’t have time or do not understand the market altogether.
So if you are a trader who is too busy to look at the market, just copy one of the professional traders at MoonXBT copy trading and automate your trades. Let us now have a look at what MoonXBT has to offer in its copy trading feature. You can understand better from our article on the best copy trading platforms.
What is MoonXBT Copy Trading?MoonXBT copy trading allows investors to follow their favorite traders and copy their investment strategies. Furthermore, the followers at MoonXBT can sort traders on the basis of ROR. Win rate. Trading style, total ROR, trading days, etc.
In addition to that, investors can follow multiple traders at the same time and diversify the trading strategy and portfolio. Once you follow a trader, you don’t need to open or close positions manually; instead, your trades will be automatically executed. Now let’s understand a few terms related to copy trading at MoonXBT.
Try MoonXBT Copy Trading Now!! MoonXBT Copy Trading MoonXBT Copy Trading: FollowerAnyone who is seeking to copy a professional trader and automate their trades using copy trading is a follower. Followers copy one or more professional traders and pay a small percentage of the profit earned to them.
In addition to this, MoonXBT does not allow traders to use high-risk, high yield trading strategies which can liquidate your portfolio. Moreover, as a follower, you can sort traders based on various categories, as discussed below.
MoonXBT Copy Trading Dashboard MoonXBT Copy Trading: TradersThe professional traders who followers can copy at MoonXBT are referred to as traders. A follower can study the trader’s investment strategy through their trading history on the dashboard.
Now, to be eligible for a trader at MoonXBT, You can either contact the online customer service to apply for traders status or visit “[Copy-Trading]-[Become a Trader]” on the app or web platform. However, you need to meet the two primary conditions as stated below:
We will also cover detailed steps to become a trader at MoonXBT further in the article.
Become a Trader at MoonXBT and Earn 10% Commission Traders StyleMoonXBT allows you to sort traders on various parameters, and one of them is their trading style. For example, you can sort traders based on whether they use high or low leverage, the amount of margin, and whether the trades are short-term or long-term. We would highly recommend you to choose a trader who fits precisely within your risk appetite.
RORRate of Return or ROR, which is calculated using the formula,
ROR = PnL of all orders/ maximum marginSignifies the percentage loss or gain in a given period and is given by the percentage of your original capital. In addition to that, a follower can sort the trader based on their rate of return. The platform also provides a 30D ROR and a total ROR.
Sorting Traders Win rate 30DWin Rate of a trader can give you a basic idea about their risk appetite, which eventually helps you, sort traders accordingly. Furthermore, it is the ratio of the number of wins or winning trades to the total number of trades, .i.e.,
Win Rate = Number of Winning trades \ total number of trades How to sort Traders at MoonXBT?At MoonXBT, you can select tags such as Trading Style, the total rate of return, and trading days to sort traders. Moreover, you can also sort traders based on their 30D rate of return, 30D Win rate, total ROR, etc.
You can follow the below steps to copy a trader at MoonXBT:
The profit distribution depends on the trader you’re following. A trader can choose to charge you up to 10% of your profit share. Moreover, when a trader closes a position, the profit order automatically deducts the expected profit share.
Furthermore, the follower’s account gets the excess if the actual profit distribution amount is less than the frozen amount. However, If the actual profit distribution amount is greater than the frozen profit distribution amount, the trader’s account gets all the expected frozen amount.
Earn 10% Commission on MoonXBT Now! How to Become a Trader at MoonXBT?You can follow the steps below to become a trader at MoonXBT:
The Copy trading features at MoonXBT comes with various advantages, and some of them are listed below:
MoonXBT is one of the best leverage trading platforms that provides one-of-a-kind Light Contract Trading. With the introduction of the Copy Trading feature at the platform, the platform is standing out of the race and is turning out to be one of the best platforms in the market. The platform offers an intuitive interface to beginners and hence makes copying professional traders an easy task. Furthermore, anyone meeting certain conditions can become a professional trader and earn up to 10% of their followers’ profit share.
Visit MoonXBT Frequently Asked Questions Which trader should I copy on the MoonXBT Copy Trading platform?All the Traders at MoonXBT are professionals who know what they’re up to. However, before following a particular trader, you must observe his trading history, number of active days, win rate, rate of return, etc. To learn more, you can read My Experience with Crypto Copy Trading.
How to cancel copy-trading?MoonXBT lets you cancel copy-trading anytime, and your orders will no longer copy the ones by professional traders. To unsubscribe, you can directly edit the copy-trading settings and cancel copying.
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