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PhantomTrade

Use copy trading in Phantom

You can copy someone's spot trade or perp trade in the Phantom mobile app. 

Copy trading is a one-time action. You choose the amount and manage your trade yourself. The original trader's later changes, closing trades, and future trades aren't copied.

Discover trades to copy #

Open the Trade tab, then tap Live Trades, Top Traders, Top Trades and tap Copy on a trade you like. Or browse your followers and copy any of the trades from their profiles.

Copy a spot trade #

After you tap Copy on a spot trade, the token's buy page opens. No trade details are prefilled.

  1. Enter the amount.
  2. Tap Review, then choose how to pay and review the fees.
  3. If you want to set up a recurring buy for this token, configure it under Frequency. This works only for Solana tokens.
  4. Tap Confirm to confirm your purchase.

Copy a perp trade #

After you tap Copy on a perp trade, the market, direction, auto-close triggers and leverage are filled in for you.

  1. Enter the amount and choose your funding source. You can also use the percentage buttons to select an amount.
  2. Tap Review and check the trade details. To change the leverage, tap Leverage.
  3. To add a take-profit or stop-loss order, tap Add Auto Close, enter your settings, then tap Set.
  4. Review your payment method and fees. To change your funding source, tap Payment.
  5. Tap Confirm to open your position.

Once the position opens, you manage it yourself. For instructions, see Trade perps in Phantom.

Your entry price can differ from the original trader's, so your results may be better or worse than theirs.

See also #

  • Understanding perp trading in Phantom
  • Trade perps in Phantom
Contents

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