Trading has evolved significantly with the rise of copy trading, enabling experienced traders—known as trading leaders—to share their strategies with followers automatically. One of the most impactful updates in this space is the enhanced flexibility now available for closing positions. Platforms like OKX have upgraded their copy trading systems, allowing leaders to use limit close orders and custom quantity closures, bringing the experience closer to standard trading.
This guide dives into how contract and spot trading leaders can leverage these new features, optimize their strategies, and improve overall trading efficiency.
Understanding the Evolution of Copy Trading on OKX
In the past, copy trading came with limitations. Trading leaders couldn't use advanced order types like limit close or partial close with custom amounts, which restricted strategic flexibility. However, OKX has restructured its system to align leader trading capabilities with those of regular users.
Now, contract and spot leaders can:
- Set limit price closes
- Close positions using custom quantities
- Apply stop-loss, take-profit, and trailing stop orders
- Manage trades through multiple interfaces
These improvements mean leaders can execute nuanced strategies while followers automatically mirror their moves in real time.
👉 Discover how OKX empowers trading leaders with advanced order controls
Contract Trading Leaders: Full Control Over Entry and Exit
How to Open a Position as a Contract Trading Leader
To begin copy trading, users must first obtain contract leader permissions and complete initialization for the selected trading pair. Once set up, every trade placed will generate a signal sent to followers.
The following order types are supported for opening positions:
- Limit orders
- Market orders
- Advanced limit orders (Post Only, FOK, IOC)
- Stop-loss and take-profit orders
- Trailing stop orders
- Trigger (plan) orders
Orders that do not generate signals include:
- Iceberg orders
- Time-weighted orders
Note: Strategy-based trades such as contract grid trading, DCA (Dollar-Cost Averaging), or arbitrage bots will not trigger copy signals.
This ensures that only intentional, manual trades are replicated—giving followers clarity and trust in the strategy being followed.
How to Close a Contract Position: Two Flexible Paths
Path 1: Close Directly from the Position Panel
Leaders can now close positions just like regular traders:
- Navigate to the active position.
- Click "Close".
- Enter a custom quantity and set a limit price (or choose market).
- Submit the order.
This works seamlessly in both single-position mode and hedge mode:
- In hedge mode, you can close long or short positions independently.
- In single-position mode, placing an opposite-direction order will automatically reduce your existing position size.
Additionally, stop-loss, take-profit, and trailing stop orders can be set directly on the position for automated risk management.
Path 2: Manage Closures via the Copy Trading Dashboard
Leaders also have access to a dedicated Copy Trading Management Page, accessible via:
- Trading Interface > Copy Trading
- Copy Trading Square > My Copy Trades
Here, all copy trades are displayed in two views:
- Detail View: Shows each individual order separately. Profits are calculated based on entry price per order.
- Summary View: Aggregates all open positions for the same symbol, margin type, and direction.
From this dashboard:
In Detail View, you can:
- Close any single order entirely at market price
- Set take-profit or stop-loss levels
In Summary View, you can:
- Close all aggregated positions at once using market execution
This multi-interface control gives leaders full strategic freedom—whether managing one-off trades or large portfolios.
Setting Stop-Loss and Take-Profit: Four Available Methods
Leaders can protect profits and manage risk using four distinct methods:
Attach TP/SL when placing the initial order
- Ideal for pre-planned strategies
Place TP/SL orders separately in the order panel
- Offers flexibility after entry
Set from the active position
- Quick access during live trading
Configure via the Copy Trading Management Page
- Best for overseeing multiple signals at once
All methods ensure that followers receive proportional instructions, maintaining alignment between leader and follower accounts.
Spot Trading Leaders: Smarter Signals with Greater Precision
How Spot Leaders Can Initiate Buy Trades
To start leading spot trades, users must first activate spot copy trading permissions and initialize their chosen trading pairs.
A key difference from contract trading: funds used in spot copy trades are frozen and cannot be used for other purposes like earning interest (e.g., savings products) or algorithmic strategies.
Despite this restriction, spot leaders enjoy broad support across order types:
| Order Type | Supported? | Generates Signal? |
|---|---|---|
| Limit Order | Yes | Yes |
| Market Order | Yes | Yes |
| Stop-Loss / Take-Profit | Yes | Yes |
| Advanced Limit Orders | Yes | Yes |
| Plan Orders (Conditional) | Yes | Yes |
| Trailing Stop | Yes | Yes |
| Iceberg Order | Yes | No |
| Time-Weighted Order | Yes | No |
⚠️ Important: While iceberg and time-weighted orders are allowed for execution, they do not generate copy signals. Similarly, Broker API trades are currently unsupported for spot copy trading.
This allows leaders to use complex execution tactics without accidentally broadcasting unintended signals.
👉 Learn how OKX supports smart order routing without signal leakage
How Followers Automatically Close Positions
Copy trading isn’t just about mimicking entries—it’s about replicating the full lifecycle of a trade.
When a leader closes part or all of a position, followers are adjusted proportionally:
- If a leader closes 50% of a position, each follower also closes 50% of their corresponding position
- If a leader fully closes a trade, followers exit completely
- Partial closures update profit calculations dynamically
This ensures transparency and consistency across all linked accounts, regardless of account size or leverage differences.
Frequently Asked Questions (FAQ)
Q: Can I use limit orders to partially close a position?
A: Yes. Contract leaders can set a limit price and specify a custom quantity to close part of their position. Followers will mirror the same percentage closure.
Q: Do trailing stop orders work in copy trading?
A: Absolutely. Trailing stops can be set during order placement or after entry, and they will trigger automatically for both leaders and followers.
Q: Why don’t iceberg or TWAP orders generate signals?
A: These are execution-only strategies designed to minimize market impact. To prevent confusion, OKX excludes them from signal generation unless manually confirmed.
Q: Can I close different portions of a trade at different prices?
A: Yes. By using multiple limit close orders or managing via the copy dashboard, you can stage exits at various price points.
Q: Are plan (conditional) orders supported for both entry and exit?
A: Yes. Leaders can use plan orders to enter or exit positions based on predefined conditions, and these will be replicated accurately for followers.
Q: Is there a delay between leader action and follower execution?
A: Execution is near-instantaneous under normal network conditions, typically within milliseconds.
Final Thoughts: Precision Meets Automation
The ability to use limit close, custom quantity exits, and advanced risk controls marks a major leap forward for copy trading. Leaders now enjoy near-full parity with standard traders—without sacrificing automation or follower synchronization.
Whether you're managing spot portfolios or leveraged futures positions, OKX’s updated framework ensures your strategy remains intact from entry to exit.
👉 Start refining your exit strategies with precision tools on OKX today
By combining intuitive design with powerful functionality, OKX continues to lead the way in making professional-grade trading accessible to everyone—from beginners following top performers to experts leading thousands.