Bybit Launches Copy Trading for Gold and Forex Markets
By Jakub Lazurek 21 Jan 2025 (less than 1 hour ago) 2 min readBybit becomes the first crypto exchange to offer Copy Trading for Gold and Forex, letting users replicate expert strategies via USDT collateral on MT5.Bybit has launched a new feature enabling Copy Trading for Gold and Forex, making it the first crypto exchange to offer this service for traditional assets. The platform, ranked as the second-largest crypto exchange by trading volume, aims to simplify access to these markets by allowing users to replicate expert trading strategies. The Copy Trading feature, available through Bybitâs MT5 platform, lets users mirror professional tradersâ strategies. Trades can be executed using USDT as collateral, lowering the entry barrier for those without advanced knowledge. âItâs a structured approach to navigating the complexities of Gold and Forex markets,â said Joan Han, Bybitâs Sales and Marketing Director. Bybit has integrated risk management tools and multi-asset trading support to enhance trading efficiency. Users gain access to professional strategies tailored to Gold and Forex markets, providing a gateway to smarter, more accessible trading in traditional assets. Despite regulatory hurdles, Bybit is expanding its global footprint. Recently, Bybit India announced the suspension of crypto trading and new account registrations, effective January 12, citing regulatory changes. However, users can still withdraw funds during the suspension. In France, Bybit ceased operations due to tighter regulations but continues to pursue approval in other European Union countries. The exchange is seeking a MiCA license in Austria, which could secure its position among leading platforms under the EUâs new crypto framework. In Japan, the Financial Services Agency issued a warning in November against Bybit and other foreign exchanges for operating without proper registration. However, these challenges have not slowed the platformâs growth. Earlier in September, Bybit launched a liquid staking token (LST) on the Solana blockchain, further diversifying its offerings. The new Copy Trading feature for Gold and Forex reflects Bybitâs broader strategy to expand beyond crypto and empower traders with advanced tools and opportunities. Bybitâs innovative approach, despite regulatory challenges, continues to solidify its position as a leading exchange offering diverse trading options.Go back to All News