Simplifying complexity, understand OKX smart copy trading mode in one article, enhancing trading efficiency

Author: 0xFat

In the cryptocurrency field, copy trading is a very popular trading strategy that allows investors to replicate the actions of other successful traders in hopes of achieving similar investment returns. Nowadays, many trading platforms offer copy trading features to meet users' regular needs.

As the trading platform with the most comprehensive copy trading features and the most complete copy trading ecosystem in the current market, OKX announced a significant upgrade to its copy trading functionality on March 4, aimed at providing users with a more intelligent trading experience. The core of this upgrade is the introduction of a new intelligent copy trading model, allowing users to more easily engage in copy trading.

1. Overview of Core Features and Advantages of the Intelligent Copy Trading Model

Intelligent copy trading is a more efficient and convenient new model that is the latest upgrade of OKX's contract copy trading product. As is well known, the OKX contract copy trading feature primarily provides the most user-friendly, simple, and transparent experience for contract traders and copy traders, maximizing the profits and win-win potential for both parties. Users will no longer need to manually open or close positions or monitor the market; they can directly follow professional traders for contract trading.

The introduction of the intelligent copy trading model aims to lower the threshold for users to engage in contract copy trading. Specifically, the intelligent copy trading model is a new copy trading model that automatically calculates the investment amount and sets order parameters based on the proportion of funds used by the trader. Each time a user follows an opening position, the platform will calculate the order amount for the copy trader based on the ratio of the trader's margin to account equity and replicate the trader's order parameters.

For example: If the trader's account equity is 10,000 USDT and they invest 1,000 USDT with 5x leverage to go long on BTCUSDT perpetual, the investment ratio is 10%. If the copy trader's investment amount is 1,000 USDT, then the system will automatically allocate 1,000 USDT × 10% = 100 USDT as the copy trading position cost with 5x leverage to go long on BTCUSDT perpetual.

Currently, intelligent copy trading supports setting the investment amount to copy trade with one click, eliminating the need for users to set complex parameters, allowing the trader to manage position risk and returns, thus easily and efficiently achieving copy trading profits. This model is simpler compared to the previous custom copy trading model, requiring only two steps to start the journey to profit. After selecting a preferred professional trader, investors only need to set the investment amount (minimum 100 USDT) and simply click the "Copy Now" button to complete the copy trading setup. This innovative design significantly lowers the threshold for contract copy trading, enabling even users who know nothing about copy trading parameters to easily achieve one-click copy trading and steadily earn profits.

In summary, the main advantages of intelligent copy trading are reflected in the following four aspects:
• One-click copy trading: Users only need to input the investment amount to copy trade with one click, without needing to set other complex parameters, truly achieving convenient and efficient copy trading.
• Intelligent investment, synchronized risk control: The system places orders for copy traders in proportion to the funds invested by the trader, maintaining consistency in leverage and margin models for both parties, allowing traders to better assist copy traders in risk control and profit management.
• Position isolation: Manual trading and copy trading positions are isolated, reducing the impact of copy trading on manual trading.
• Fund isolation: Dedicated funds for specific purposes, reducing the risk of over-leveraging that may arise from following multiple traders with the same funds.

Moreover, the copy trading user center on the OKX platform has also undergone a complete upgrade, adding sections for copy trading details and profit breakdowns, providing users with a more intuitive display of trading data and profit structures. Users can easily view detailed trading data for each time they follow different traders while also clearly understanding their profit composition. This redesign aims to enhance user experience, making it more convenient for users to manage and analyze their trading data.

"The launch of the intelligent copy trading model once again proves our leading position in the field of automated trading. Through this innovation, we can provide users with a more relaxed and secure copy trading experience. The new feature simplifies the operational process while strengthening risk management, meeting the personalized needs and risk preferences of different users. This upgrade is a significant improvement to the existing copy trading ecosystem, enabling more users to enjoy safe and efficient copy trading services," added the relevant product manager from OKX.

2. How to Use the Intelligent Copy Trading Model?

After explaining the core features and advantages of OKX's intelligent copy trading model, the focus of this article comes! How can users create an intelligent copy trading model? Here is a simple guide for reference:

Step 1: Browse or search for interested traders, and on the trader's personal homepage, click the "Copy Now" button to enter the copy trading setup.
Step 2: Choose the copy trading model: Intelligent copy trading.
Step 3: Set the copy trading parameters.
• Investment amount (USDT) (required): The total investment amount specifically for following this trader (minimum 100 USDT), which will be isolated in the trading account.
• Immediately copy positions after following:

If enabled, if the trader currently holds positions, the system will immediately copy the current positions at market price based on the fund ratio. If disabled, it will not copy the trader's current positions and will wait for the trader's next order to follow.
At this point, you can check the trader's personal homepage to see if the immediate position copying after following is enabled.
• Copy trading stop-loss: The maximum acceptable loss amount for the current trader being followed. When the set stop-loss amount is reached, the system will automatically terminate the copy trading and handle the remaining positions according to your settings.
Step 4: Click "Copy Now" and confirm that the copy trading information is correct, then the copy trading will be successful.

Once the copy trading relationship is established, users can choose to enter the copy trading homepage, click on "My Copy Trades" to view the current and historical profits and other details of each trader they have followed. They can also choose to click "Manage" in the "Copy Trading Details" section to enter the copy trading settings page, adjust the investment amount, modify the stop-loss settings, or cancel following the trader.

Currently, OKX's copy trading model is the most comprehensive in the market. Users can choose the intelligent copy trading model according to their investment preferences or use the familiar custom copy trading model. Unlike the intelligent copy trading model, the custom copy trading model allows users to choose fixed amount copy trading or proportional copy trading, giving them control over risk and returns, thereby improving fund utilization.

3. Rooted in the Essence of Trading, Establishing a Complete Copy Trading Ecosystem

In reality, whether it is the copy trading ecosystem or other product matrices, OKX has always adhered to the fundamental principle of putting users first in building its product system. Currently, OKX's copy trading ecosystem is at the industry-leading level, primarily including three categories: contract copy trading, spot copy trading, and strategy copy trading.

The upgraded intelligent copy trading model mainly refers to the upgrade of the contract copy trading product, which currently includes two types: intelligent copy trading model, where users completely entrust traders to manage position risk and returns, allowing users to easily and efficiently achieve copy trading profits; and the custom copy trading model, which is the classic copy trading model on the OKX platform, supporting users to follow multiple traders with the same funds simultaneously and customize their copy trading investments, leverage, and other parameters, achieving extremely high fund utilization. Users can choose the copy trading model that suits them based on their preferences and experience.

The spot copy trading model, on one hand, involves the OKX platform screening quality traders, while on the other hand, it supports users to automatically copy the trader's spot trading points for copy trading, enabling users to grasp trading opportunities without needing to monitor the market. This model is suitable for both novice users and experienced investors. Contract copy trading is similar to spot copy trading and can be understood as leveraged spot copy trading.

Strategy copy trading is a trading system established by OKX in the strategy square, where the platform selects top strategy traders, allowing users to run copy trading strategies with one click, automatically following triggers/stops, easily grasping the best timing, and enjoying the profits of strategy trading. Currently, strategy copy trading supports grid and martingale strategies.

In fact, regardless of the type of copy trading product, the essence is to help more investors maximize profits. As a technology-driven trading platform that always puts users at the center, OKX deeply understands this principle. The team consistently adheres to the product development philosophy of simplifying complexity while ensuring the safety of user assets and designing user-friendly products. "Currently, the number of new users utilizing the copy trading feature is increasing. While OKX insists on innovation-driven development, it also prioritizes the safety of users' funds, continuously enhancing the transparency of POR to traditional financial audit standards, thereby leading the industry in safety and transparency, ensuring that users can be both worry-free and confident," the relevant person in charge admitted.