Smart Sync on OKX Copy Trading

Aug 08, 2024

Many trader choose OKX copy trading for the unique features that set it apart from other platforms. It's the only tool offering both "one-way" and "hedge" position modes for the futures market, allowing you to hold positions in one direction or both long and short simultaneously. This flexibility can be a powerful tool to enhance your trading strategy and increase your chances of success.

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OKX copy trading acts as a marketplace connecting experienced lead traders with other traders wanting to emulate their success. Lead traders gain access to a global network, and showcase their performance to attract followers and expand their influence.

Now, traders can choose Smart Sync mode in OKX copy trading — the latest feature for copiers that enables true one-click copying, and optimisation of funds through fund isolation.

Smart Sync is the newest addition to OKX's copy trading ecosystem, alongside 'Fix Contract Copy' and 'Proportionate Ratio Copy.' This mode automatically mirrors the trades of lead traders by calculating order margins based on the ratio of the lead trader's position size compared to their trading funds. Smart Sync then applies this percentage to the copy trader's trading funds, replicating the position size and entry positions without the need for manual adjustments. Here's how the new features mentioned above differ:

Fix Contract Copy and Proportionate Ratio Copy: Funds from one source can be spread across multiple lead traders. When a lead trader makes a trade, the funds are used on a first-come, first-served basis.

Smart Sync: Funds are automatically locked to a single lead trader. This prevents your funds from being divided among multiple traders, reducing the risk of over-leverage. Here's how it works:

Example: If a lead trader with a 10,000 USDT account places a 1,000 USDT position (10% of their account size), a copy trader with a 1,000 USDT account will automatically copy the trade at 10% of their account size, resulting in a 100 USDT copy trade position.

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