Why does following order fail?
The available margin balance of the copying project is insufficient;
the trading expert uses a limit order/conditional order-limit price/maker-only order to open a position, but the order has not been fully completed; the
order volume of the copying user's order is less than the minimum order for the currency pair volume;
the market price deviates from the entry price of the order leader by more than 0.5% (or the slippage value set by the user who follows the order); the
market price order fails to open and the transaction is still not completed after retrying.
Please note:
- The weekly profit settlement cycle is from Monday 00:00:00 (UTC) to Sunday 23:59:59 (UTC).
- Weekly profit sharing will only be settled when there is no position in the copying project. Handling fee rebates are not affected by position holdings.
- After settlement is completed, the profits will be automatically distributed to the trading expert's main account every Monday.
- Trading experts can get 10% commission on unfinished copying projects every Monday.
- There is a cap on the weekly 10% commission rebate. The system will take a snapshot of the margin balance of the copying project every Monday at 00:00 (UTC), and the upper limit of the rebate is Min [total copying and transaction fees * 10%, margin balance of the copying project * 3% * 10%] · In
addition , the system will also distribute profits to the trading expert under the following circumstances: - The copying user stops following the order;
- The trading expert ends the order
- The copying user withdraws the profit from the copying project.
How to calculate the amount of profit to be distributed?
- Amount of profit to be distributed = Max[Realized profit of the follow-up project * Profit distribution ratio - Amount of profit distributed, 0]
- How to calculate the profit sharing amount of the documentary project?
- The amount of profit sharing is based on the profit and loss statistics of the entire copying project. The system will calculate the total profit of all copying projects.
- Assume that the copying amount of a copying project is 1,000 USDT, and multiple copying transactions are carried out every week, and the profit sharing ratio is 10%.
time | Changes in profit and loss | Total profit and loss | Total profit amount | Total profit amount | Amount to be distributed |
the first week | |||||
the second week |
- Change in profit and loss refers to the net profit realized for the week.
- Total profit and loss refers to the total profit currently realized by the copying project.
- Realized profits are after deducting all related expenses.
- The profit distribution amount refers to the profit distribution amount that has been settled.