# Set Your Budget

Before you can start copy trading, you need to have available balance in your account.

Go to [**Deposit & Withdraw**](/profile/deposit-and-withdraw.md) first if you have not funded your wallet yet.

Your **budget** is the total amount reserved for copying this trader’s moves. It sets the maximum capital that can be used when mirroring positions.

You can set your budget by:

* Entering an amount manually
* Using the quick allocation buttons: **10% / 25% / 50% / Max**

<div align="left"><figure><img src="/files/DAGq1Y74KpRuPfeOt8TU" alt="" width="188"><figcaption></figcaption></figure></div>

{% hint style="info" %}

* The **minimum allocation is $100**
* A **$1 activation fee** will be charged when a new copy-trading wallet is used for the first time. And this goes to Hyperliquid.
* Your **Total Allocation** = existing allocation + new allocation + PnL
  {% endhint %}


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