What could be the reasons behind the failures of my futures copy trades?
What's futures copy trades failure?
Futures copy trade failure on our platform refers to instances where attempts to replicate trades from lead traders to copy traders encounter obstacles or result in unsuccessful outcomes. These failures can stem from various factors such as insufficient funds, order amount discrepancies, exceeded maximum limits, or issues related to slippage protection. This in-depth analysis offers insights into the common reasons behind failures in copy trades, offering valuable perspectives for both copy traders and lead traders alike.
What could be the reasons behind the opening positions failure?
| Related trader | Common reason | Details |
Copy trader |
Insufficient funds | If the copy trader has insufficient USDT funds in their trading account, they may be unable to open new positions. Example: an order to open a position requires a 20 USDT margin, but the copy trader has less than 20 USDT in their trading account. In this case, the copy trade order will fail. |
| Amount per order is too low | If you set a low amount per order, your order quantity may be below the minimum order quantity, causing your copy trade to fail. The minimum order quantity is different for different contracts and trading pairs. You can go to our futures trading rules and spot trading rules to learn more. | |
| Exceeded maximum total amount | When a copy trader’s investment across all orders exceeds the maximum total amount they set, the system stop opening new positions until some ongoing ones are closed. | |
| Slippage protection |
Significant differences in the entry price between you and lead traders can have a big impact on your profit and loss. To prevent this, if there's more than a 0.5% disparity between the lead trader’s and your entry price, our slippage protection mechanism will cancel the copy trade. | |
| Smart sync position ratio too high | Smart sync copy trading aims to ensure a copy trader’s position asset allocation is proportional to the lead trader they’re copying. In order to control copy trader’s risk, if a copy trader has a higher ratio of assets allocated to a position than the lead trader, they’ll stop copying orders for that contract and direction until their allocation is back in line with the lead trader. | |
Lead trader |
Position size exceeds the maximum limit | When the total value of positions held by a trader and their copy traders reaches the maximum position limit for a particular contract and direction, copy traders will stop opening positions for that contract and direction. Our support center has more details on limits for futures copy trading and spot copy trading. Example: if a lead trader and their copy traders collectively hold a BTCUSDT perpetual long position with a value of 50,000,000 USDT, copy traders will stop opening new BTCUSDT perpetual long positions. |
| Exceeded daily lead trade order limit | Currently, lead traders can open a maximum of 5,000 lead trade orders each day. After they reach 5,000, any new trades that day won’t be able to be copied by copy traders. | |
| Trading account funds are below the minimum lead trader requirement | If a lead trader has less than 500 USDT in their trading account, they’ll be unable to create new lead trades. |
What could be the reasons behind the closing positions failure?
Due to market fluctuations and factors like market depth, in some cases when the market experiences extreme volatility, our system may be unable to close copy trade positions due to price limit rules or other factors. In these cases, we’ll notify copy traders by email and in-app notification to manually close their position.