Bitget puts CFD copy trading behind an invitation link
A private project shows its strategy to nobody but the invited. When the record leaves the public board, the only people who can audit a provider are the ones already following.
By Staff, Copytrade Press
The public leaderboard has been copy trading’s one concession to outsiders. Anyone could open it, sort it and disagree with it. Bitget’s CFD arm has now shipped a mode in which there is nothing for an outsider to open.
Per the exchange’s own explainer for the feature, dated 4 August, a trader can create a private CFD project, set a profit-sharing ratio, and generate an invitation link or access password for selected users. The page draws the contrast itself: a public project’s strategy and related data can be viewed by all users; a private one is not publicly displayed. Traders can remove followers, and may run one public and one private project at once.
A Foresight News item carried on Bitget’s own news feed on 30 July puts the defaults at 100 copying users and ten invitation links per private project, each tracked separately. Ten links for a hundred seats is not a distribution problem; it is an attribution scheme. The provider learns which room — a Telegram channel, a Discord server, a mailing list — produced which followers.
What a private project removes is not the risk. It is the audience for the record. The standing questions we put to any displayed return — measured over what window, counting which survivors, after which costs — can now be asked only by someone already inside, and only about the provider who let them in. There is no ranking to read that provider against, no public history for a sceptic to pull up later, and no way to count the private projects that quietly stopped. The three editorial choices behind every return display do not disappear here; they simply stop being checkable by anyone who has not joined.
The case for the feature is real enough. A capacity-constrained strategy has an honest reason to cap followers, and a public board does invite imitation. The person copying is told no less than before; the profit split is set out before they follow. What changes is who else can look.
None of this moves the regulatory frame, which turns on mechanics rather than visibility. In the EU, ESMA’s supervisory briefing on copy trading, published in March 2023, addresses when such a service counts as an investment service at all: where execution is automatic and needs no further action from the client, it falls within the definition of portfolio management. Whether the strategy is listed publicly does not enter that test. Rules and availability differ by jurisdiction, and nothing above describes any firm’s permissions in any market.
The arithmetic inside the room matches the arithmetic outside it. A copied CFD position is leveraged, the following account settles the whole of the loss, and a profit share is charged on the upside only. A track record that only invitees can see is still a history, not a forecast. We are not licensed advisers, and nothing here recommends following anyone.