Copy trading

Bitget Copy Trading: TraderPro Program Process and Rules

2023-12-01 10:430184

Further reading: What is the TraderPro program?

1. Who can register

a. You must not be an elite trader.

b. You must participate with your main account.

2. How to register

a. Click Start Challenge on the Bitget TraderPro homepage to apply.

b. Enter your Telegram account information and reasons for your application. Make sure that your Telegram account is accurate so that we can add you to the Telegram group for further updates and notifications.

c. Upon approval, you will receive a pop-up notification and a site message. Please be patient as we configure your demo account.

d. Once your application is successful, you will be added to the Telegram group for this promotion and will be notified of any potential changes.

3. TraderPro program process

Phase I: TraderPro challenge

Upon successful application, you will enter the TraderPro challenge and be given a sub-account with 10,000 USDT in funds. Stay tuned for more account types coming soon!

You can start the challenge by accessing your demo account through the following portals:

a. Click Start Challenge on the landing page (https://www.bitget.com/en-GB/copy-trading/traderpro).

Bitget Copy Trading: TraderPro Program Process and Rules image 0

b. Switch accounts from your Profile on the trading page.

Meet the following trading goals to pass the challenge:

  • Trade for a minimum of 10 days within a 30-day period.
  • Have a demo account ROI of no less than 25%
  • Meet the ROI requirement for 48 consecutive hours.
  • Have no open orders.

You must comply with the following trading rules and meet the trading goals, or your demo account will be automatically reset, requiring you to start the challenge all over again.

  • Your maximum loss in a single day should be no greater than 10%.
  • Your maximum account loss should be no greater than 30%, or your maximum position loss should be no greater than 40%.
  • You must not have zero active trades for 72 consecutive hours.
  • Hold a position and make sure your positions are not inactive for more than 72 consecutive hours.

*Note: You are allowed a maximum of three resets. A fourth violation will result in automatic removal from the program.

During the challenge, you can view the progress of your trading goals and your current personal performance via the TraderPro demo account dashboard. Upon completion of your trading goals, you will receive a system alert to guide you to the next step.

Phase II: Receive a dedicated elite trade account

Once you have achieved your trading goals, we will notify you and guide you through the process of creating an elite trader sub-account, granting you the status of an elite trader. Please note:

a. Before obtaining your dedicated elite trader account, you must complete identity verification of your main account.

b. Your elite trader account will be a sub-account with a 10,000 USDT futures trading fund for you to start your elite trades. Any profit share will also be distributed in USDT.

c. By holding this account, you will become a verified elite trader of the Bitget TraderPro program.

d. This account is solely intended for trading purposes. Cancellation of your elite trader status, as well as any withdrawals, deposits, or transfers, are not supported for this account.

Profit share rules for dedicated elite trader accounts

a. The account profit share consists of two parts: trading profits and copy trading profit share.

b. The copy trading profit share ratio is 10%.

c. There are three tiers of trading profit ratio: 60%, 75%, and 90%, with 60% serving as the initial level. Your level can be upgraded or downgraded depending on your performance:

  • If you comply with the trading rules for four weeks and achieve profitable results for at least three weeks within this period, your profit share ratio will be upgraded by one level (such as from 60% to 75%).
  • In the event of non-compliance or losses for two consecutive weeks, your profit share ratio will be downgraded by one level (such as from 75% to 60%).

d. Account assets will be settled and reset every Monday at 12:00 AM (UTC+8). Profit share will be settled if the account assets at the time of settlement are greater than the initial funds. Trade share, when existent, will be transferred to your main account every Wednesday at 10:00 (UTC+8).

e. The settlement amount, including profit share from trading and copy trading, will be credited directly to your main account. You cannot withdraw or transfer assets from the sub-account by yourself.

f. You can view your profit share records on the copy trading Profile page. The settlement records of trading profits will be displayed on the copy trading Profile page > TraderPro Profit Data tab. The copy trading profit share will be displayed on the copy trading Profile page > Profit Share Data tab.

4. Consequences for non-compliance

a. Elite traders must comply with the following rules when using their dedicated elite trader account:

  • Your maximum loss in a single day should be no greater than 10%.
  • Your maximum account loss should be no greater than 30%, or your maximum position loss should be no greater than 40%.
  • You must not have zero active trades for 72 consecutive hours.
  • Hold a position and make sure your positions are not inactive for more than 72 consecutive hours.

In the event of non-compliance, a TP/SL ratio will be automatically set for subsequent elite trades. The specific ratios are outlined in the table below.

Leverage

TP/SL ratio

0X–50X

10%

81X–125X

20%

Your account may be reverted to its normal status if you trade in accordance with the trading rules for three consecutive weeks after the violation.

b. If you experience losses or violate trading rules more than three times within a span of four consecutive weeks, your dedicated elite trader account will be revoked. Make sure to trade properly and adhere to the rules.

5. Notes

a. Sub-accounts and elite traders are not eligible for the TraderPro program.

b. The TraderPro program is currently available at no cost, but there will be a registration fee for participation in the future.

c. After participating in the program, make sure to abide by the trading rules and demonstrate good trading practices.

d. If you have any questions related to the program, you can contact us in the Telegram group.

e. Users can get up to 10,000 USDT in fund rewards, dynamically adjusted according to an evaluation of their demo account performance. Supplies are limited, so don't miss out!

f. All users participating in the TraderPro program must strictly adhere to the terms and conditions and are prohibited from engaging in malicious trading activities such as improper matched orders and wash trading. Bitget reserves the right to take necessary action on related accounts and funds if the platform's risk control is triggered.

g. Bitget reserves the right to modify the terms or cancel the promotion at any time and for any reason without prior notice at its sole discretion.

h. Bitget reserves the right of the final interpretation of the program.

Bitget Copy Trading: TraderPro Program Process and Rules image 1

https://t.me/+kfdbnRX1sNs5MTg1

6. FAQ

a. I'm interested in joining the program. What are the minimum requirements?

There are no minimum requirements. All users are welcome to participate. Click Start Challenge to begin.

b. How can I confirm whether my application has been successful?

You will be notified via the pop-up window or find relevant information in your site messages on the web/app.

c. How can I start practicing once my application is successful?

Upon a successful application, you can begin using the Bitget TraderPro demo account by:

  • Clicking Start Challenge on the landing page.
  • Switching accounts in your Profile on the trading page.

d. How can I pass the challenge and get trading funds?

You need to meet all the trading goals while following the trading rules. You will be notified once your challenge is verified as successful and receive 10,000 USDT in trading funds.

e. What happens after I complete the TraderPro challenge?

You will receive a notification through a pop-up window once your challenge has been verified as successful. You will be directed to create a sub-account, to which the 10,000 USDT in trading funds will be distributed. Afterward, you will be able to execute elite trades to start making trading profits and copy trading profit share.

f. Why am I not eligible to participate in the program?

Sub-accounts and existing elite traders are not eligible to participate in the program. If you are using your sub-account, switch to your main account and try again.