Lead traders: Futures lead trading guidelines

What is futures copy trading?

OKX futures copy trading is a new form of social trading. The platform selects top futures lead traders based on historical trading data, allowing copy traders to automatically replicate a lead trader's futures trade positions so you never have to watch the market constantly. Futures copy trading is designed for aggressive users who seek high returns and are willing to take on high risk. You'll be copying a lead trader's leveraged futures operations and will need to configure your own copy trading parameters. The platform's selection of lead traders is based on historical data only and does not constitute a guarantee or endorsement of their future performance.

What is the difference between futures lead trading and regular futures trading?

Futures lead trading and regular futures trading work the same way. Cross margin funds are not separated from your trading account, while isolated margin funds are separated into an isolated trading account.

How do I become or quit as a futures lead trader?

How do I become a futures lead trader?

1. Eligibility: You must complete identity verification.

2. Application entry: Lead traders: How to become a lead trader
   You can also access the application page by tapping the banner on the Market board.

3. Provide your personal information and tap Submit. Personal information includes your contact details, social media accounts, personal bio, etc. After submitting, allow 3–5 business days for review.

4. Complete the initial setup. If your application is approved, you'll see a success notification. Set your lead trading crypto and complete the initial setup to start lead trading.

5. If your application is rejected, contact customer support or reach out to the person who contacted you. You may reapply and resubmit your supporting documents.

How do I cancel or close lead trading?

Please refer to Lead traders FAQ for steps to cancel or close lead trading.

How do I lead trade futures?

How do I select a futures lead trading pair?

1. Initial setup. Once your futures lead trader application is approved, you'll be prompted to set your lead trading crypto and complete the initial setup to start lead trading.

2. You can also change your lead trading pair at any time. Go to Trade > Marketplace > My lead trades > Settings > Lead trade crypto.

What are the basic risk control conditions for futures lead traders?

1. Your futures trading account must hold at least 500 USDT. This is calculated based on the combined total of your USDT assets in the trading account and your current spot and futures position assets. If your balance falls below 500 USDT, you can continue trading normally, but copy traders won't be able to successfully copy your lead trades.

2. The number of buy orders placed between 00:00–24:00 (HKT) on the same day must be ≤500. Otherwise, you can continue trading normally, but copy traders won't be able to successfully copy your lead trades.

3. Your orders must be within the maximum buy limit. Otherwise, you can continue trading normally, but copy traders won't be able to successfully copy your lead trades. Tap to view futures maximum buy limit details.

How do I lead trade?

1. Go to your OKX App, select Trade > Futures.

2. Supported buy order types: limit order, market order, TP/SL, chase order, advanced limit order, trailing stop, trigger, and scaled order.

3. Fee: Same as the standard futures trading fee.

How do I manage my futures lead trading orders?

1. Go to your OKX App, select Trade > Marketplace > My lead trades > Ongoing or History.

2. Orders that failed to lead trade won't appear at the entry above. You can check these futures assets under Assets.

3. You can set TP/SL and sell for your lead trading orders.

What situations cause lead trading to fail?

1. It is not a lead trading pair. You can continue trading normally, but copy traders won't be able to successfully copy your lead trades.

2. The futures lead trader's trading account holds less than 500 USDT (crypto equity). You can continue trading normally, but copy traders won't be able to successfully copy your lead trades.

3. The number of buy orders placed between 00:00–24:00 (HKT) on the same day exceeds 500. You can continue trading normally, but copy traders won't be able to successfully copy your lead trades.

4. The order exceeds the maximum buy limit. You can continue trading normally, but copy traders won't be able to successfully copy your lead trades. Tap to view futures maximum buy limit details.

5. The quantity of the lead trader's futures buy order, after deducting trading fees, is less than the platform's minimum order size (which would prevent a successful sell later). You can continue trading normally, but copy traders won't be able to successfully copy your lead trades.

6. A buy order is partially filled with the remaining portion not canceled, no lead trade signal is sent.

7. A futures purchased before you became a futures lead trader is outside the scope of lead trading.

How is the data on the profile page calculated?

1. Update frequency: Every 1 hour.

2. If you are both a spot lead trader and a futures lead trader, your futures copy trading data, including lead trading volume, number of copy traders, and performance, only covers futures copy traders and doesn't include spot copy traders.