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Description of following rules

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Updated

Rules for Miniex Copy Trading Service

To help users better understand and use the Miniex copy trading service, the following rules are established to clarify the copy trading mechanism, profit distribution, fee structure, and risk control measures.

1. What is Copy Trading?

Copy trading refers to the practice where ordinary users ("copiers") automatically replicate the trading actions of an outstanding trader ("copy trader"). Once the trader places an order, the platform will execute the corresponding trades in all copiers' accounts, enabling one-click copying and automatic replication.

2. Copy Trading Modes

Miniex offers the following two copy trading methods:

  1. Fixed Position Copy Trading
    • Copiers set a fixed position size for each replicated trade (e.g., 100 USDT per trade), regardless of the trader's original position size.
    • Suitable for users with clear risk preferences.
  2. Proportional Copy Trading (Recommended)

    • The follower sets a fixed copy ratio. The system automatically calculates the follower's position size based on this ratio and the trader's actual order size.

    • The follower sets a fixed ratio to follow the trader's positions.
      For each copied order:
      Follower Position Size = Trader Position Size × Copy Ratio

    • Example:

    • The trader uses 10x leverage to open a BTC long position with 1,000 USDT nominal value;

    • The follower sets the copy ratio to 1.0 (100%) and their own leverage to 5x;

    • The follower will open a position with 1,000 USDT nominal value using 5x leverage.

3. Copy Trading Process

  • Browse the trader leaderboard to view their historical performance (returns, win rates, drawdowns, etc.).
  • Select a preferred trader and click "Copy Now."
  • Set the copy trading method (fixed or proportional), initial funds, and risk control parameters.
  • Once the copy trading is active, the trader's opening and closing operations will automatically sync to your account.
  • You can pause or exit copy trading at any time or switch traders.

4. Fees

  • Users are responsible for normal trading fees (same as regular trading).
  • No additional activation or exit fees are charged.

5. Risk Control Mechanism

To maximize user asset safety, the platform has established the following risk control measures:

  • Take Profit and Stop Loss Settings: Users can set overall profit/loss limits for copy trading (e.g., +30% or -20% will automatically exit).
  • Trader Rating System: Each trader is rated based on performance, allowing users to choose more robust strategy sources.

6. Applicable Terms and Special Statements

1. While copy trading allows for strategy replication, it does not equate to zero risk; users should choose carefully based on their funds and risk tolerance.

2. All trading actions are ultimately decided by the user, and the platform is not liable for any trading results.

3. The platform reserves the right to adjust trader displays, profit-sharing ratios, and strategy restrictions according to market conditions or risk control needs at any time.

4. Traders who violate platform rules (e.g., manipulating profit data or misleading promotions) will be permanently delisted.

7. Frequently Asked Questions (FAQ)

Q1: Can I copy multiple traders at the same time?
A: Yes, you can follow multiple traders simultaneously and configure copy parameters for each.

Q2: Can I manually close positions while copy trading?
A: Yes, you can manually intervene in positions at any time, but this may lead to desynchronization with the trader's strategy.

Q3: How can I tell if a trader is reliable?
A: The platform provides detailed trading records, ratings, and risk indicators for reference.

Miniex will continuously optimize the copy trading experience, enhance trading transparency, and ensure user profit protection. Thank you for your trust and support!

 

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