---
title: 'How to Set Up Copy Trading on Binance: Step-by-Step Guide'
source: 'https://youtube.com/watch?v=ayy1T3YfGKU'
video_id: 'ayy1T3YfGKU'
date: 2026-07-11
duration_sec: 817
---

# How to Set Up Copy Trading on Binance: Step-by-Step Guide

> Source: [How to Set Up Copy Trading on Binance: Step-by-Step Guide](https://youtube.com/watch?v=ayy1T3YfGKU)

## Summary

This video provides a step-by-step guide on how to set up copy trading on Binance, from signing up to selecting the right trader and configuring settings. It emphasizes avoiding common mistakes like blindly picking high-ROI traders and highlights key metrics to evaluate traders, such as copiers' P&L and max drawdown.

### Key Points

- **Common Mistake in Copy Trading** [00:16] — Most people pick the trader with the highest ROI and copy them blindly, leading to losses. The video teaches the correct way to set up copy trading.
- **Step-by-Step Setup** [00:28] — The video covers signing up, finding the right trader, and claiming bonuses. Using the exclusive link unlocks up to $100 in rewards plus token vouchers.
- **Funds Placement** [01:25] — Funds must be in the fiat and spot wallet before copy trading. Transfer funds via wallet > overview > transfer.
- **Accessing Copy Trading** [02:05] — Hover over 'Trade' and select 'Copy Trading' to enter the spot copy trading interface.
- **Smart Copy AI** [02:20] — Binance's AI recommends top three traders based on your copy amount and stop loss. You can cycle through picks until satisfied.
- **Filter by 30 Days** [03:39] — Switch to the '30 days' filter to see recent performance. Avoid traders with one good month months ago.
- **Key Metrics: P&L and ROI** [04:06] — P&L shows profit/loss over 30 days. ROI is return on investment. Higher is better but consistency matters.
- **Max Drawdown** [04:33] — The biggest drop from peak to trough. Over 20-30% is risky.
- **Copiers P&L** [04:58] — The most important metric: whether copiers are actually making money. If negative or barely positive, skip the trader.
- **Sharpe Ratio** [05:40] — Measures risk-adjusted returns. Above 1.0 is good, above 2.0 very good, above 3.0 excellent.
- **Pro Tip: Sort by Copiers P&L** [05:53] — Sort by copiers P&L, not ROI. This reveals if the trader is actually profitable to copy.
- **Detailed Trader Analysis** [06:22] — Check copiers P&L, cumulative profit ROI chart (steady growth), win rate (50-60% ideal), trading days (1-2 months), max drawdown, token preferences (major coins), and trader description.
- **Advanced Filters** [07:21] — Filter by time range, tags (top performer, money maker, etc.), and adjust 30-day filters for P&L, ROI, MDD, copier P&L.
- **Compare Traders** [07:49] — Compare up to four traders side by side on equity curves, drawdown, ROI, etc.
- **Mock Copy Feature** [08:19] — Paper trade with 10,000 USDT mock capital per trader to test performance without risking real money.
- **Copy Settings: Fixed Ratio vs Fixed Amount** [09:27] — Fixed ratio mode scales proportionally to trader's position size (recommended). Fixed amount mode sets a fixed USDT per trade.
- **Copy Pairs and Stop Loss** [10:08] — Choose to copy all pairs or specific ones. Set a stop loss percentage to automatically stop copying if balance drops.
- **Slippage and Auto Invest** [11:03] — Slippage default is recommended. Auto invest allows dollar-cost averaging into the copy trade.
- **Final Advice** [12:36] — Copy trading is not completely passive; monitor traders regularly. Diversify across multiple traders and never invest more than you can afford to lose.

### Conclusion

Copy trading on Binance can be a great entry into crypto, but success requires careful trader selection based on recent performance and copiers' P&L, proper risk management with stop losses, and ongoing monitoring.

## Transcript

easiest ways to get into crypto trading, even if you have zero experience reading charts. You'd literally let a profitable trader do all the work, and your account follows their trades automatically. But, here's the thing, most people set it up
completely wrong. They just pick the trader with the highest ROI, copy them blindly, and then wonder why they're losing money. In this video, I'm going to show you exactly how to set up copy trading on Binance the right way,
step-by-step, from signing up to finding the right trader, to claiming every bonus available to you. And if you use my exclusive link down below to sign up, you will unlock up to $100 in sign-up rewards, plus WCT and HUMA token
vouchers waiting for you in the rewards hub. I'll show you exactly how to claim all of that as well. So, let's get started. account. If you already have one, you can skip ahead to the next step. If you
don't have one yet, click the link in the description below. That link will take you directly to the Binance sign-up page, and it will make sure you get the full exclusive welcome bonus package, up to $100 in rewards, plus those token
different link, you will not get the full bonus, so do make sure you're using mine. Just click sign up, enter your email, create a strong password, and you're in. The whole process takes less than a minute. Once you're logged in,
dashboard. Now, let's make sure your funds are in the right place before we do anything else. Before you can start copy trading, you need to make sure your funds are sitting in your fiat and spot wallet, because that's where Binance
pulls the capital from when you set up a copy trade. To do this, click on wallet at the top of the page, then select overview. From here, click on transfer. is set as the destination. You could confirm this on the left side of the
transfer panel. Just double-check that your balance is showing up there before moving on. If your funds are already in there, great. You're ready to go. If not, just complete the transfer and then we can move on to the actual copy
trading setup. Now, hover over trade in the top navigation bar and select copy trading. This will bring you to the copy trading spot interface. Right here, you information. You've got your total copying balance, your total unrealized
P&L, and the copy overview section. Which is where you'll manage all of your active copy trades. You'll also notice something called smart copy AI. This is Binance's AI-powered feature that automatically recommends the best copy
trader for you. All you have to do is set your copy amount, set a stop loss, agree to the terms, and click next. Binance AI will then pick the top three data. You can see their stats right there on the screen. If you're not happy
with the selection, just click try other AI pick. And Binance will give you a completely different set of three traders. Once you see a trader you like, click on them, then click copy now on the lower right side, and click confirm.
After that, click on copy overview to monitor the performance. Here you can see your total copying balance, total realized P&L, total unrealized P&L, and your net profit all in one place. You can also see the details of each
copy trader you're following. On the upper right side, you have options to adjust your balance, adjust settings like choosing the order type, copy slippage, and also stop copying if you want to
exit a trader completely. We'll cover all of those settings in more detail in just a bit. Now, going back to the main copy trading dashboard, this is where you can browse all available copy traders. Here's something important that
most people skip. Go to the all portfolios tab and switch the filter to 30 days. This gives you recent performance data without going too far back. You don't want to be looking at traders who had one good month six
months ago and have been losing ever since. Recent data is way more relevant. can sort by because understanding these is really important before you just randomly pick someone. First is P&L. This number shows the profit and loss of
the trader over 30 days. Basically, a positive number is a good sign, meaning they are making money and a negative number is the opposite and they lose money over the last 30 days. Next is ROI percentage. This shows the return on
investment the trader has made in percentage terms. How much profit they've generated relative to their capital. Higher is better, but you want to see consistency, not just one massive spike. Max drawdown is absolutely
crucial. This shows the biggest drop from peak to trough in their account from peak to trough in their account balance. If a trader has a 50% drawdown, that means at some point their account dropped by half. Anything over 20 to 30%
is pretty risky in my opinion. And you need to be comfortable with that level of volatility before copying them. AUM stands for assets under management, the total capital being managed by that trader across all their copiers.
Copy traders count shows how many people are currently copying that trader. Copiers P&L, and this one is probably the most important metric on this entire page. This shows whether the people copying this trader are actually making
money. I've seen so many traders with massive personal ROI, but their followers are losing money because of timing, slippage, or the trader closing positions manually before copiers can exit. If this number is negative or
barely positive, skip that trader immediately. Sharp ratio measures risk-adjusted returns. The higher the sharp ratio, the better the trader is at generating returns relative to the risk they're taking. Anything above 1.0 is
considered good, above 2.0 is very good, and above 3.0 is excellent. Now, here's a pro tip that most people don't know. Sort by copiers P&L, not just ROI. This
is the real test of whether a trader is actually profitable to copy. If doesn't matter how good the trader's personal ROI looks, skip them. Also, don't just sort by ROI and pick the top one. That's a rookie mistake I see
beginners make all the time. You want consistency, not one lucky month where they 10x on a meme coin. Once you've narrowed down your list, click on a detailed stats. Focus on these key metrics: copiers P&L.
If this is negative or barely positive, that's a massive red flag. Skip them immediately. Cumulative profit ROI chart. Look for steady upward growth. and you could get caught on the wrong side of one of those moves. Win rate, at
least 50 to 60% is ideal. Anything below 40% is pretty risky. Trading days, I prefer traders who have been active for at least one to two months. You want to see consistency over time, not just a few good days. Max drawdown, again,
anything over 20 to 30% is something you need to think carefully about. Token preferences, focus on traders who mainly trade major coins like Bitcoin and Ethereum. Low-cap altcoins are way higher risk and can move against you
Trader description, some traders actually explain the strategy here, which can give you good insight into how they operate. Take your time here. money, so do check carefully before you commit.
Now, if you want a more precise filter, there is an advanced filter on the right side of the page. Here you can filter by time range and by tags like top performer, money maker, most resilient, and more. You can also adjust the 30-day
and more. You can also adjust the 30-day filters for max P&L, ROI, MDD, copier P&L, and so on. So, you can really dial in exactly what kind of trader you're looking for. There's also a really useful feature here where you can
compare top lead traders side by side. You can add up to four traders at once and compare their stats directly against each other, their equity curves, drawdown, ROI, everything. This is a great way to make a more informed
decision before you commit your capital. And by the way, if you haven't signed up description. You'll get the full at the start, and it only takes a minute to set up. Before you full commit, you
also have the option to mock copy the trader. Think of it like paper trading. You get 10,000 USDT in mock capital per trader, and you can see how their trades capital without actually risking anything. Once you've seen the
performance, you can either move forward and copy the lead trader for real or with the results. You'll also see the lead trader overview, which includes their leading balance, AUM, profit sharing percentage,
date. The profit sharing is the percentage of your profits that goes to the trader. This is how they get compensated. So, do keep that in mind when calculating your expected returns. There's also an asset
preference chart showing which coins this trader focuses on. These figures are refreshed every 1 to 2 hours, so it's always relatively up to date. Scrolling further down, you can see their current holdings, trade history,
balance history over time, and the list of current copiers with their redacted usernames, copy amount, total P and L, total ROI, and how long they've been copying this trader. This is really useful because you can see how real
people copying this trader are actually performing. Once you're happy with the trader, click copy near their name at the top right of their profile. Here you'll have two options, fixed ratio mode and fixed amount mode. Fixed ratio
proportional to the lead trader's position size. So, if the trader opens a position using 10% of their capital, your account will also open a position using 10% of your copy amount. This keeps things proportional and is
generally the recommended option for most people, especially if you're just getting started. In fixed ratio mode, you'll set your copy amount. This is the total capital you're allocating to this trader. There's a minimum and maximum
range shown on the screen, so just make sure you're within those limits. You can also select copy pairs. You can either copy all pairs, meaning every trade the lead trader makes, or you can select specific pairs. For example, if you only
want to copy their Bitcoin and Ethereum trades and nothing else, you can set that here. Any pairs you don't select, you simply won't copy. There's also an option to automatically include newly listed pairs. So, if the trader adds a
new pair in the future, it gets added to your preferences automatically. Next is stop loss. This is highly recommended. You set a percentage and if your total copy trade balance drops by that amount, it will automatically stop copying and
is a really important risk management tool, so don't skip it. In the advanced slippage. You can either leave this at the default or customize it. It ranges
from 0.1% to 3%. Slippage is the difference between the price the lead trader got and the price your order actually fills at. I'd recommend keeping this at the default setting to start with, as setting it too low can cause
your copy orders to fail in fast-moving markets. There's also an auto invest option. With this enabled, Binance will automatically invest a set amount, for automatically invest a set amount, for example, 100 USDT into this copy trade
portfolio on a a schedule, like every 7 days. The funds are deducted from your spot and funding wallet automatically. This is useful if you want to dollar cost average into a copy trade over time, but it's completely optional. Now,
differently. Instead of being proportional to the lead trader's position size, you set a fixed cost per order, meaning every single trade the lead trader opens, your account will open a position of that exact fixed USDT
amount. Regardless of how large or small the trader's own position is. This gives you more control over your per trade exposure, but it also means you're not scaling proportionally with the trader. All the other settings, copy pairs, stop
loss, slippage, auto invest, are the same as in fixed ratio mode. Before you click copy, you can also see the profit sharing ratio on the right side of the sharing ratio on the right side of the screen, along with the 7-day P&L and ROI
percentage for that trader. Just double-check everything looks good, then click copy, confirm on the pop-up, and you're done. You'll see a confirmation page, click view details to go straight to your copy overview, and start
so that's the full step-by-step breakdown of how to set up copy trading on Binance. Copy trading is a great way to get into crypto without needing to be a chart expert, but do keep in mind this is not completely passive. You still
need to monitor your traders, check in on their performance regularly, and don't be afraid to stop copying someone if their strategy starts changing, or their drawdowns starts increasing. Never invest more than you can afford to lose,
and always diversify across a few traders, rather than putting everything into one. Use my link in the description to sign up on Binance and claim the full welcome bonus package, up to $100 in rewards, plus those token vouchers in
the rewards hub. All the details are down below. If you have any questions, drop them in the comments, I do read them. If this video helped you out, make sure to like and subscribe for more crypto tutorials like this one. And for
a more detailed walk-through of the Binance platform itself, check out the video popping up on your screen right now. I'll see you in the next one.