> ## Documentation Index
> Fetch the complete documentation index at: https://docs.legend.trade/llms.txt
> Use this file to discover all available pages before exploring further.

# Copy Trading

> Automatically mirror the trades of top traders on Legend

Copy trading lets you automatically mirror another trader's positions. When the trader you're copying opens, closes, or adjusts a position, the same action is reflected in your dedicated copy wallet — proportionally scaled to your deposit size.

This is the fastest way to follow a trader's strategy with real capital, without manually executing each trade yourself.

<Note>
  Copy trading is currently in **alpha**. Deposits are capped at $250–$500 per trader while we refine the system.
</Note>

## How It Works

1. **Find a trader** — Browse profiles on Legend. Any trader with open positions can be copied.
2. **Start copying** — Click "Copy Trade" on their profile and choose how much to deposit. If the trader charges a profit share, you'll see the rate before you confirm.
3. **Automatic mirroring** — A dedicated sub-wallet is created for each trader you copy. When the target trader executes a trade, a proportional order is placed in your copy wallet immediately.
4. **Stop anytime** — When you stop copying, all mirrored positions are closed automatically and your remaining funds are returned to your main wallet.

## Copy Wallet

Each copy profile creates a **separate sub-wallet** on Hyperliquid. Your main trading wallet is never touched by copy trading.

* Funds are isolated per trader — copying Trader A and Trader B uses two separate wallets
* Your copy wallet balance = your deposit + any trading gains or losses
* Positions in your copy wallet are fully independent from your main trading positions

<Note>
  Because each copy profile creates a brand-new Hyperliquid sub-wallet, a one-time network fee of around \$1 may be deducted when the wallet is first activated. This is a Hyperliquid fee, not a Legend charge.
</Note>

## Proportional Sizing

Orders are scaled based on the ratio of your deposit to the target trader's account value.

**Example:** If the trader has $100,000 in equity and you deposit $500, you're mirroring at a 0.5% ratio. When they open a $10,000 BTC long, your copy wallet opens a $50 BTC long.

Your copy wallet mirrors the trader's leverage and margin mode (isolated or cross) exactly — there's no separate leverage cap to choose. Because every position is scaled down to your deposit, your dollar risk stays proportional even when the trader runs high leverage.

## Profit Share

Some traders charge a **profit share** — a cut of the gains they generate for you. The rate is set by the trader and shown on the copy screen before you confirm.

* It applies only to **winning** trades. If a copied position closes at a loss, no profit share is taken.
* The maximum any trader can charge is **20%**.
* Many traders charge nothing — the copy screen always shows the exact rate, or none.

## Pre-Existing Positions

By default, when you start copying a trader, their currently-open positions are **skipped** — you'll only mirror trades they open after you start. This keeps you from entering a trade mid-way, for example ending up on the wrong side if the trader sells an existing long.

This is controlled by the **Only copy newly opened positions** toggle, which is on by default. If you'd rather also mirror the trader's current open positions, turn it off when you set up the copy.

## What Gets Copied

| Action                 | Copied?                                                      |
| ---------------------- | ------------------------------------------------------------ |
| New position opens     | Yes — proportionally sized                                   |
| Position size increase | Yes                                                          |
| Position close         | Yes                                                          |
| Partial close / reduce | Yes                                                          |
| Leverage & margin mode | Mirrored exactly — your wallet matches the trader's settings |
| TP/SL orders           | Not directly — but closes are mirrored when they trigger     |

## What Doesn't Get Copied

* **Very small trades** — If the proportional order would be less than \$10 (Hyperliquid's minimum), it's skipped.
* **Low-liquidity assets** — Assets with less than \$5M in open interest are not mirrored to protect against slippage.