How to Become a Lead Trader on Midas
Apply to share your trading strategies and earn commissions from followers who copy your trades.
Review Requirements
Navigate to Copy Trading > Become a Lead Trader. Requirements include: completed KYC verification, minimum trading history on Midas, consistent profit track record, and agreeing to the lead trader terms. The minimum requirements are designed to ensure quality for followers.
Submit Your Application
Fill in your trader profile: display name, bio, trading strategy description, preferred markets, risk level, and a description of your trading approach. This information is visible to potential followers and should accurately represent your strategy.
Set Your Profit-Sharing Rate
Define the percentage of profits you earn from followers' copied trades. This is your commission. Typical rates range from 10-30%. Lower rates may attract more followers, while higher rates may be justified by exceptional track records.
Build Your Track Record
Once approved, your trading activity becomes visible on the leaderboard. Trade consistently with your described strategy. Your performance metrics (return, drawdown, win rate) update in real time and are the primary factor followers use to evaluate you.
Manage Your Followers
Access the Lead Trader Dashboard to see your follower count, total assets under copy, profit sharing earned, and daily statistics. Engage with your followers through your strategy updates. Consistent, profitable trading builds trust and grows your following over time.