Here’s a step-by-step guide to help you initiate your first copy trade on Bybit App.

• Initiate a Trade or Create a Bot

• View the Order and Position Details

• Set TP/SL

• Cancel Order, Close Position or Terminate Bot

• Edit Your Personal Settings (Master Trader)

• Share Your Profile or Order Details

Initiate a Trade or Create a Bot

Step 1: Please select the Derivatives tab and click on the Standard button located at the top right corner. Choose Copy Trading to activate the Copy Trading function on the trading page.

 

Alternatively, you can go to More → Copy Trading → Trader’s Center and click on the Initiate Trade button.

 

 

Step 2: You will be able to see your Copy Trading available balance below the leverage function in the order zone. If you would like to increase your balance, please click on the orange “+” button to transfer funds from your Spot, Funding, or Derivatives accounts to your Copy Trading account. 

 

 

 

Please note that currently only USDT is supported for transfers. Additionally, you can use the arrow icon to transfer funds back to your accounts.

Step 3: Fill out your order information in the order box with the following parameters:

• Set your desired leverage and margin mode.

• Choose the order type: Limit or Market.

• Enter the order price (Limit order only).

• Set order quantity:

(a) Enter the quantity as long or short, or

(b) Use the percentage bar to quickly set an order's contract quantity with the corresponding proportion of the account's available margin.

• Set Buy Long with TP/SL, or Sell Short with TP/SL (optional):

(a) Enter the TP/SL price, or

(b) Use the percentage bar to quickly set an order's TP/SL price.

• Click on Open Long or Open Short.

Step 4: A confirmation window will appear. Please check that the order details are correct and click on Confirm. 

 

 

Congratulations! Your trade has been successfully initiated.

View the Order and Position Details

You can view the position or order details below the order zone and order book by clicking on the Current Orders tab. If your order has yet to be executed, its details will appear in the Active Orders tab, where you may cancel or modify the order if necessary. 

 

Alternatively, you can access this information by going to More → Copy Trading → Trader’s Center and clicking on the Orders icon.

 

You can view the details By Order or By Contract. The By Order tab displays each order placed, while under the By Contract tab, all orders for the same trading pairs opened in the same direction are consolidated into one (1) position. The position’s Average Entry Price, Order Quantity, Mark Price, and Liquidation Price are displayed from a position’s perspective. It will be reset only when the respective direction of position is fully closed.

 

 

The unrealized P&L on both tabs is calculated based on the order entry price. 

For more information, please refer to FAQ — Copy Trading.

Set TP/SL

Step 1: To place a Take Profit/Stop Loss (TP/SL) order, you can add the TP/SL order from the order zone when initiating a trade by clicking the + TP/SL button. 

 

Alternatively, once the order is placed, you can click on the Set TP/SL button of the relevant order by going to the Current Orders tab and selecting the By Order view. 

 

 

Please note that TP/SL orders can only be placed on each order separately. For active orders, the TP/SL function will be visible when clicking on the Modify button.

Step 2: Enter your TP/SL price manually, or set your TP/SL based on the ROI percentage bar located below the price field. The percentage bar refers to the desired ROI to be achieved. To customize the ROI (%), click on USDT and switch to %. 

 

For example, Master Trader A has selected a 10% for Stop Loss and chose the Last Traded Price as the reference price. The system will automatically calculate $17,024.5 as the Stop Loss price. This means that when the Last Traded Price reaches $17,024.5, the SL order will be triggered, resulting in an ROI of approximately -10%. You can also select the reference price to trigger your TP/SL — Last Traded Price, Mark Price, or Index Price. 

Cancel Order, Close Position or Terminate Bot

You can cancel your order from the Active Orders tab located below the order zone and order book. Alternatively, you can navigate to More → Copy Trading → Trader’s Center and click on the Orders icon. Please note that if you click on the Cancel All button, all active orders for all trading pairs will be canceled.  

 

 

To close or cancel an order or position, you have various options.

 

Option 1: Closing from the Derivatives Trading Tab
From the Derivatives Trading tab, you will be able to close your orders in two (2) different ways:

 

Method A: Place a closing order directly from the order zone. Simply fill out the order information and click on Close Short/Long to place the closing order. The current position quantity is displayed in the top right corner of each closing button.

 

 

 

 

 

Method B: Under the Current Orders tab located below the order zone and order book, click on the Close By button of the order you wish to close, or select Close All to close all your orders. Then, click on Confirm.

 

 

 

 

Please note that the Close All function will close all your orders with a Market order while it is possible to choose a Market or a Limit order when closing an order separately.

 

 

 

 

 

Option 2: Closing from the Trader’s Center 

Step 1: Go to the Orders page by clicking on More → Copy Trading → Trader’s Center → Orders.

 

 

 

 

 

 

 

Step 2: Click on the Close By button of the order you wish to close, or select Close All to close all your orders. Then, click on Confirm.

 

 

 

 

Please note that the Close All function will close all your orders with a Market order while it is possible to choose a Market or a Limit order when closing an order separately.

 

 

Notes:

— You can only close a position with a Market and Limit order. Conditional orders are not supported.

— When a Limit open order is partially filled, you need to cancel the active order before closing the position.

— Once a Master Trader’s position in a trading pair is liquidated, all positions in the corresponding trading pair in the same direction of their Followers will also be closed.

— The Est. P&L displayed on the screen is calculated using the difference between the position's average entry price and last traded price. 

 

 

 

 

 

 

 

 

Edit Your Personal Settings (Master Trader)

To go to your Personal Settings Page, click on the Trader’s Center button. Then, click on the Settings icon located at the top right corner. 

 

 

You can make changes to your profile information (such as profile picture, nickname, and social media accounts) by clicking on the Edit button. Alternatively, you can adjust your Master Trader account settings, including permissions for your trading signals and the profit sharing ratio. Please note that any updates to the Account Info will require one (1) to three (3) working days for approval. 

 

 

Please find additional information below on the type of settings available for your Master Trader’s account.

 

Share Your Profile or Order Details

To share your profile, click on the Share button located at the top right corner of your Trader’s Center page. To navigate to the Trader’s Center page, select More → Copy Trading → Trader’s Center, or click on the Trader’s Center button on the Derivatives Trading page.

 

 

By swiping right or left, you can access different profile-sharing options, enabling you to share your trading results on various social media platforms such as Telegram, X (formerly Twitter), Facebook, and WhatsApp with a single click.

 

The Sharing function is also available on both Open Orders and Past Orders. Simply click on the Sharing icon available next to the order information to share your order details.