How Do I Use Copy Trading as a Top Trader?

Copy trading is a platform where a user, typically a new trader, can see top traders positions and just automatically copy their positions as they cannot understand market predictions yet. To learn more about copy trading, check out our concept article on Copy Trading.For a top trader, copy trading would mean having great trading skills, which would mean a requirement of a PNL >= $20,000 or ROI > = 200% in the past 30 days of contract trading with Phemex.Here is a user guide on how to copy trade as a top trader.

1.Register or log into your Phemex Account.

2.On the left side of the screen, hover on “Contract” and click the second button titled “Copy Trade”.

3.You will be presented with a list of all the top recommended traders, along with their credentials. On the top right hand corner of the screen, click on Become an elite trader.

4.You will be redirected to the Become an elite trader page, where you will see all the benefits you can get as a result of being a Top Trader with Phemex. After reading all the details, click on the blue button labeled Join Now to begin your journey as a top trader.

5.To become a lead trader on Phemex, you have to finish KYC, stop copying all traders and keep at least $100 in your futures account as your lead trading asset. Set your nickname and profit-sharing ratio in the application form and confirm.6.Congratulations, you are now a lead trader on Phemex! Copiers can now copy your trades.