Bitget has launched CFD Copy Trading, expanding its offering into traditional financial markets and allowing users to automatically follow professional traders across forex, commodities, and indices from within its platform. The company said the feature is part of its push to connect crypto trading with broader asset classes under a single account structure.
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Copy trading has accounted for around 6 to 20 per cent of total trading volume at brokerages in recent years, according to Brokeree Solutions. The firm said brokers actively running copy trading campaigns can reach 10 to 20 per cent of volume in 2024. It also noted a 16 per cent rise in demand for copy trading technology and more than 50 broker launches last year.
Bitget Launches CFD Copy Trading
The launch comes after Bitget said its CFD business recently surpassed $6 billion in single-day trading volume. The company linked the increase to heightened volatility across global markets, including movements in gold, oil, major currency pairs, and equity indices.
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It also said more crypto-native users have been seeking exposure to non-crypto markets as macroeconomic conditions become more interconnected.
Bitget said access to these markets remains uneven for retail users who do not actively follow macroeconomic developments or trade across multiple asset classes.
The CFD Copy Trading product is designed to reduce that gap by allowing users to mirror strategies from selected traders starting from 50 USDT. It uses the same copy trading framework already applied to the company’s futures and spot products.
MT5-Based CFD Copy Trading System
“More users are paying attention to macro movements because the opportunity set has widened beyond crypto alone,” said Gracy Chen, chief executive officer of Bitget. She said copy trading is intended to lower execution barriers for users who want exposure to global markets without building trading expertise from scratch.
The product is built on Bitget’s MT5-integrated CFD infrastructure. The company said account creation and withdrawal processing are completed in under three seconds through an automated system. It also introduced a High-Water Mark profit-sharing model, under which traders earn a share of profits only when follower accounts reach a new net profit high after recovering previous losses.
Bitget said performance data, including return on investment, follower counts, and profit-sharing figures, will update hourly. Profit-sharing settlements are processed daily. Eligible traders can receive up to 30% of profits, depending on account structure and VIP status.