Introduction
Binance Futures API copy trading software has been available for some time, offering automated solutions for traders. This guide compiles common questions to help users understand its functionality and optimize their experience.
Key Features
👉 Explore advanced copy trading solutions
1. Supported Trading Types
Currently only supports USDⓈ-M perpetual contracts.
Not available for spot trading or coin-margined futures.
2. Who Can I Copy?
- Requires the API keys of the trader you wish to follow.
- This is a software tool, not a copy trading platform—you choose whose trades to replicate.
3. Handling Pending Orders
- Copies only filled orders (market orders executed after placement).
- Does not replicate pending/unfilled limit orders.
4. Trade Details Copied
- All position actions: opening, adjusting, closing.
- Automatically syncs position modes and leverage with the lead trader’s settings.
Performance Factors
5. Slippage Considerations
Slippage varies based on:
- Market liquidity
- Order size
- Uses market orders to ensure execution.
6. API Security Best Practices
- Critical: Bind API keys to specific IPs.
Permissions:
- Follower: Enable "Allow Futures" (+ "Allow Universal Transfer" if using fund tracking).
- Lead trader: Read-only access suffices.
Customization Options
7. Immediate Copy vs. Selective Sync
- Immediate copy: Mirrors all existing positions upon activation.
Selective sync (default): Only new positions opened after activation are copied.
- Exception: If follower already holds matching positions, adjustments will sync.
8. Copy Ratio Calculation
Formula:
Copied Position Size = (Follower Wallet Balance / Lead Trader Wallet Balance) × Copy Ratio × Lead Position Size- Default ratio: 1.0 (adjustable).
- Minimum order value: 5 USDT (auto-adjusts for compliance).
Risk Management
9. Manual Closing by Followers
- Followers may close positions independently.
- Subsequent lead trader adjustments will open new positions (if sync is active).
10. Exceeding Position Limits
- Errors occur if leverage-adjusted size exceeds exchange limits.
- Solution: Adjust leverage preemptively or reduce position size.
Advanced Functions
11. Fund Tracking
- Automatically balances follower/lead trader equity ratios.
👉 Learn about fund tracking setup
12. Reverse Copy Trading
- Execute opposite trades of the lead trader.
- Ideal for hedging or contrarian strategies.
Pricing Structure
| Plan | Cost per Follower/Month | Minimum Commitment |
|---|---|---|
| Monthly | 50 USDT | 300 USDT |
| Quarterly | 50 USDT | 200 USDT |
| Semi-Annual | 50 USDT | 150 USDT |
Server Fees:
- 10 users: 150 USDT/year
- 20 users: 300 USDT/year
FAQs
How do I test the software?
Option 1: Free 3-day trial via new Binance account registration (requires KYC).
Option 2: Paid trial at 10 USDT/day (max 3 days; deductible from future fees).
Is there customer support?
Contact:
- WeChat:
apifolloworder - Telegram: @apifolloworder
Final Notes
- Ensure compliance with Binance’s API terms.
- Regularly monitor sync settings and account balances.
- For updates, refer to official channels.