In the evolving world of copy trading, precision and control are paramount. OKX has enhanced its trading system to ensure that lead traders enjoy a seamless experience comparable to manual trading. With this upgrade, lead traders can now close positions using limit orders and custom amounts, removing previous limitations and offering greater flexibility in managing futures and spot trading strategies.
This guide walks you through the updated functionalities, including how to open and close lead trading positions, set take-profit (TP) and stop-loss (SL) levels, and understand how copy traders respond to your actions—all optimized for clarity, control, and strategic execution.
Understanding the Enhanced Lead Trading System
The core improvement lies in giving lead traders full command over their exit strategies. Unlike earlier versions that restricted closure methods, the updated system supports advanced order types and granular control over position management. Whether you're managing futures contracts or spot crypto trades, you can now tailor your exits with precision.
👉 Discover how advanced order types can improve your trading accuracy.
How to Open a Lead Futures Trading Position?
Once you become a lead futures trader, you must first select the contract type for your lead trades. Every position you open under this contract becomes a lead trade, which followers can replicate.
Supported Order Types for Futures Lead Trading
You can use a wide range of order types when opening or managing futures positions:
- Limit
- Market
- Advanced Limit (Post Only, Fill or Kill - FOK, Immediate or Cancel - IOC)
- Take-Profit (TP) / Stop-Loss (SL)
- Trailing Stop
- Activation Orders
Note: Orders from trading bots—such as grid trading, DCA (Dollar-Cost Averaging), or arbitrage bots—will not be recognized as lead trades, even if executed on supported contracts.
To begin:
- Navigate to the Trading page.
- Select your preferred contract.
- Choose your desired order type to open a position.
Your position is now visible to followers, who will automatically mirror your entry based on their allocated funds.
How to Close a Lead Futures Trading Position?
You have multiple flexible options to close your lead futures positions using either market or limit orders, with full control over price and quantity.
Method 1: Close via Open Positions List
Just like standard trading, access your Open Positions list to manage exits:
- Click on the position you want to close.
- Select your preferred order type (e.g., limit, market).
- Enter a custom price and amount if closing partially.
Risk Management Mode
- Go to the Close tab.
- Place any supported order type, including activation orders, TP/SL, or limit orders.
One-Way Mode
- Simply place an opposite-direction order to reduce or close your position.
Method 2: Close via Lead Trading Management Dashboard
For centralized control, manage your lead trades in:
- Trading > Lead Trading
- Or: Copy Trading > My Lead Trades > Ongoing
This dashboard offers two views:
Detailed View
- Breaks down each position by individual orders.
- Allows setting TP/SL per order.
- Enables closing specific parts using market orders.
Overview View
- Aggregates all orders under the same contract, margin mode, and direction.
- Lets you close the entire position at once with a single market order.
💡 Tip: Use the "Close All" button for quick exits during volatile market conditions.
👉 Learn how professional traders use partial closures to lock in profits.
How to Set Take-Profit and Stop-Loss Levels?
Setting TP and SL levels helps automate risk management and secure gains without constant monitoring. You can configure them in four ways:
Method 1: Set TP/SL When Placing an Order
- During order placement, input your desired TP and SL prices.
- Confirm your settings before execution.
Method 2: Place Standalone TP/SL Orders
- Navigate to the Order Panel.
- Select “TP/SL” and enter the trigger price and amount.
- Submit to activate conditional execution.
Method 3: Add TP/SL to an Existing Open Position
- Open your active position.
- Click “Edit” or “Add TP/SL.”
- Input target and stop levels.
Method 4: Manage TP/SL via Lead Trading Dashboard
- Go to Copy Trading > My Profile > Ongoing Trades.
- Click the TP/SL button on any active lead trade.
- Adjust parameters as needed.
These tools ensure your strategy remains disciplined—even when you're not actively watching the market.
Lead Spot Trading: Buying Cryptocurrency
As a spot lead trader, you can designate specific cryptocurrencies for copy trading. When you purchase these assets:
- The funds are frozen and cannot be used in other products like Earn, staking, or bot trading.
- Followers will automatically buy the same asset in proportion to their investment.
Supported Order Types for Spot Lead Trading
| Order Type | Supported? | Creates Lead Trade? |
|---|---|---|
| Limit | Yes | Yes |
| Market | Yes | Yes |
| TP/SL | Yes | Yes |
| Advanced Limit | Yes | Yes |
| Activation | Yes | Yes |
| Trailing Stop | Yes | Yes |
| Iceberg | Yes | No |
| TWAP | Yes | No |
❗ While you can use bots like futures grid or DCA bots with your account, those specific trades do not count as lead trades.
Also, note that OKX Broker does not support spot lead trade management at this time.
How to Sell Lead Spot Assets?
To exit a spot lead trade:
- Go to your Active Orders or Open Positions list.
- Place a sell order using your preferred method (limit, market, etc.).
- Enter the custom amount you wish to sell.
- Confirm the transaction.
Once executed:
- The sold amount is released from freeze.
- Copy traders will automatically sell the proportional amount in their portfolios.
This ensures alignment between your actions and your followers’ portfolios.
How Do Copy Traders React When You Close a Position?
Transparency and synchronization are key in copy trading. Here’s how follower positions are affected:
- If you partially close a position (e.g., 50%), the system calculates the percentage closed and applies it proportionally to each follower’s position.
- If you fully close a position, all followers’ corresponding positions are closed entirely.
- All actions—whether via limit order, market sell, or TP/SL trigger—are mirrored accurately across follower accounts.
This proportional replication maintains fairness and consistency regardless of follower investment size.
Frequently Asked Questions (FAQ)
Q1: Can I use limit orders to close only part of my lead futures position?
Yes. When closing via the Open Positions list or Lead Trading dashboard, you can specify a custom amount and use limit orders to exit partially at your desired price.
Q2: Will my bot trades be copied by followers?
No. Trades from automated bots (e.g., grid trading, DCA) are not recognized as lead trades, even if placed manually on supported contracts.
Q3: Can I modify TP/SL after opening a position?
Absolutely. You can edit or add take-profit and stop-loss levels at any time through the Open Positions panel or Lead Trading dashboard.
Q4: What happens if I sell less than my full spot position?
Only the sold portion is unfrozen and replicated among followers. The rest remains locked as an active lead trade.
Q5: Are Iceberg and TWAP orders supported for spot lead trading?
They are supported for execution but do not generate lead trades, so followers won’t copy them.
Q6: Can I switch between one-way and hedging modes while leading trades?
Yes, but ensure clarity in your strategy, as mode changes affect how positions are aggregated and closed.
👉 Maximize your influence as a lead trader with precise exit controls.