Copy Trading on Bybit: The Complete Guide for Master Traders

Copy trading is becoming an increasingly popular way for experienced traders to monetize their trading strategies and attract followers. On Bybit, the copy trading system is designed to simplify all stages of this process — from launching your first trade to managing a global portfolio of positions. This guide will walk you through each step toward successful copy trading.

Getting Started with Copy Trading: From Deposit to First Trade

The first stage of working with copy trading on the platform requires a few preparatory steps. First, you need to access the relevant section through the navigation menu: select ToolsCopy Trading. This will become your control center for all trading operations.

If you are new to copy trading, the next step is to deposit funds into your trading account. To do this, go to My Copy Trading and activate the Transfer option. Funds should be directed to your derivatives account or to the Unified Trading Account (for UTA users). This step is critical because your main capital will serve as the basis for all future trades.

After completing the deposit process, you will have two main options to start copy trading: Initiate a trade for manual trading or Create a bot for automated operation. Choose the appropriate option in the User Center. If you select manual trading, the system will redirect you to the USDT perpetual contracts trading page. For automation, select the option to create a bot based on futures grid strategies — the system will offer ready configurations developed with Aurora AI or allow you to customize your own parameters.

At this stage, it’s important to remember that copy trading on Bybit supports only USDT perpetual contracts and grid bots. This ensures simplicity and consistency in executing all operations.

Managing Positions and Orders in Copy Trading

After launching your first trade, the next task is to monitor and manage the created positions. You can view detailed information about all active orders and positions in two ways: through the USDT Perpetual page or via the User Center in the Trade tab.

The copy trading system offers two data display modes. The first mode — By Order — shows each individual order you placed for each trading pair. The second mode — By Contract — groups all orders of a single trading pair into one position. This is especially useful for understanding your overall exposure to a specific currency pair. When selecting the contract mode, you will see the average entry price, total position size, current marking price, and the liquidation point.

Unrealized profit and loss (P&L) is calculated based on the actual entry price, allowing you to accurately assess the current state of your investments. The history of all completed orders is stored in the platform’s archive section, where you can view detailed reports of each operation.

Setting Up Protection Mechanisms: TP/SL

One of the most critical aspects of risk management in copy trading is correctly setting take-profit (TP) and stop-loss (SL) levels. On Bybit, you can configure these parameters in two ways.

For manual trading of USDT perpetual contracts, set TP/SL directly when creating the order in the order zone. Additionally, you can modify these values for an already open position via the positions tab. This allows flexible adaptation to market changes.

If you are using automated grid bots in copy trading, the mechanism works slightly differently. You can set TP/SL based on absolute value (in USDT) or as a percentage (%). If the USDT option is chosen, the bot will automatically stop when the last order’s price reaches the set level, after which the position will be closed at the current market price. If the percentage format is selected, the bot will stop when your P&L reaches the specified profit percentage.

It’s important to note that when adding funds to the bot or withdrawing profits, TP/SL coefficients may change, so periodically check their current settings.

Automating Trading: Grid Bots in Copy Trading

Grid bots are a powerful tool for those looking to minimize active involvement and maximize operations. To launch a bot in copy trading, click Create a Bot and follow the instructions to set up a futures grid bot.

On the User Center page, go to BotsRunning to view all active bots. For each bot, you can see the invested capital, its duration, and current P&L. If you need to make adjustments, click Manage to access detailed bot settings.

To deactivate a bot, go to ToolsTrading BotView My Copied Bots and click Stop. This will automatically cancel all pending orders and close active positions at market price, returning funds to your main account.

Managing Copy Trading Results and Commissions

One of the main incentives for participating in copy trading is earning by sharing a portion of your followers’ profits. To manage this aspect, go to My Copy TradingEdit Profile. Here, you can set up key parameters and financial terms of your activity.

In the Follower Settings section, you can activate a Whitelist, allowing only pre-approved users to follow you. Additionally, the SyncMaster feature synchronizes each follower’s copy trading settings with your parameters (up to 3 changes per day).

The most important parameter is the Profit Sharing Coefficient, which is the percentage of positive results from followers that you, as the master trader, receive. The minimum is set at 10%, and the maximum depends on your level. For example, the silver level allows up to 12%, while the gold level permits up to 15%.

Detailed profit sharing reports can be viewed in the User Center or within the account’s finance section. These data are crucial for tracking your income from copy trading.

Promoting Your Trading Strategy

To increase your followers, actively promote your profile and results. On the top panel of the Copy Trading User Page, there is a Share button. It allows you to instantly distribute your profile and individual positions across popular social networks: Telegram, Twitter, Facebook, and WhatsApp.

We recommend regularly sharing your most successful orders and overall P&L statistics. This will help attract potential followers and build a reputation as a reliable master trader within the Bybit copy trading system. The more you communicate with your audience and demonstrate consistent results, the faster your follower base will grow.

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