TRADER LEVELS

Learn more about Mizar copy-trading trader levels

On Mizar, traders have the opportunity to share their bots on the marketplace, allowing other traders to copy their strategies. As they demonstrate proficiency, traders can climb through various levels, unlocking greater opportunities, perks, and a higher performance fee ratio.

To publish bots in the marketplace, a trader must be subscribed to at least a Trader plan and have a STAR level equal to or greater than Giant.

Levels Requirements

Here are the trader levels and the requirements:

		FOLLOWERS	30D PNL	90D PNL
	Wood	--	--	--
	Bronze	>10	>$1,500	>$4,000
	Silver	>20	>$5,000	>$13,000
	Gold	>100	>$30,000	>$70,000
	Platinum	>300	>$100,000	>$200,000

When any of the mentioned conditions above are met, traders are assigned to their corresponding levels.

• Followers: The total count of unique active followers.

• 30D PnL: Gross realized Profit and Loss from closed positions over the last 30 days.

• 90D PnL: Gross realized Profit and Loss from closed positions over the last 90 days.

Copy-trading Limits

To each trader levels, different copy-trading limits are associated

	Level	BOTS	MAX. INV. SPOT	MAX. INV. FUTURES
	Wood	2	$5,000	$75,000
	Bronze	5	$20,000	$300,000
	Silver	10	$50,000	$750,000
	Gold	20	$100,000	$1,500,000
	Platinum	25	Unlimited	Unlimited

Traders will be subject to trading limits determined by their respective trader levels.

• Bots: The maximum number of public bots allowed in the marketplace.

• Max Investment SPOT: The highest amount of investment allowable for a single SPOT subscription on a public bot in the marketplace.

• Max Investment FUTURES: The highest amount of nominal investment allowable for a single FUTURES subscription on a public bot in the marketplace.

Performance Fee Levels

Performance fees are calculated monthly, based on the realized gross profit from closed positions of each copying user. Traders have the option to set their performance fee ranging from 10% to 30%, based on their trader level as outlined below:

		PERFORMANCE FEE
	Wood	10%
	Bronze	10%
	Silver	from 10 to 15%
	Gold	from 10 to 20%
	Platinum	from 10 to 30%

Mizar Service Fee

Performance fees are disbursed monthly and can be redeemed from your performance reward page. Mizar applies a service fee ranging from 20% to 30%, depending on your trader level, as detailed below:

		MIZAR SERVICE FEE
	Wood	30%
	Bronze	27.5%
	Silver	25%
	Gold	20%
	Platinum	20%

Terms and Conditions

1. If a user downgrades from their Mizar plan or STAR level and falls below the minimum requirement, all bots in the marketplace associated with that user will automatically switch to private mode.

2. Promotion and demotion within Mizar's Trader Levels occur on a daily basis, where traders are either elevated or downgraded based on the criteria met during the previous day period. Traders may be demoted to the Wood (lowest) level if any of the following incidents occur:

   • Malicious trading activity is detected.

   • Complaints have been filed against the trader by their followers, which are substantiated by the Mizar team.

3. All participants are required to adhere strictly to Mizar's Terms of Service. Mizar retains the right to amend the terms and conditions of the Level Up Program without prior notification to users.

4. Mizar also reserves the right to disqualify any participants found engaging in dishonest or abusive activities, including but not limited to bulk-account registrations for the purpose of upgrading their levels, or any other activities associated with unlawful, fraudulent, or harmful intentions.

5. Monthly performance earnings are credited to users' accounts during the first calendar week of each month. A Mizar service fee is then applied, varying between 20% and 30%.

6. Mizar does not assume responsibility for any misuse by the trader, including partial or total loss of funds, fraudulent constellations, market manipulation, trading errors or misinterpretation of data and Mizar functionalities. The liability lies entirely with the user engaged in copy trading (e.g. the user that is copy-trading another trader).