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Supported exchanges and markets
This page answers: which exchanges and markets TonyTrade works with, which order types it supports, and what it doesn't do.
Three exchanges: Binance, OKX and Bitget. Two markets: spot and USDT-margined futures. The first version is crypto only.
Overview
| Exchange | Spot | USDT-M futures | Where the stop sits |
|---|---|---|---|
| Binance | Yes | Yes | The exchange's own TP/SL order |
| OKX | Yes | Yes | The exchange's own TP/SL order |
| Bitget | Yes | Yes | The exchange's own TP/SL order |
Each exchange is handled separately. If one changes its API or can't be reached, the other two are not affected. TonyTrade is not made by these exchanges and has no business relationship with them. Their names are used only to say which ones it supports.
Spot
Buy and sell coins in your account. Spot is long only, with no liquidation. It suits strategies like DCA, scaled entries and grids. See the strategy templates in Features.
Spot positions get a stop too: after the position opens, a stop sell order or conditional order is placed on the exchange, and it works even when your computer is off.
USDT-margined futures
Perpetual contracts with USDT as margin. You can go long or short, and use leverage. Leverage magnifies both gains and losses. If the market moves against you, the position can be liquidated and you can lose all of your margin.
- You set the maximum leverage in the rule engine. A plan can't use more.
- The stop can trigger on last price or mark price. The difference is explained in Wicks: what they are and how to handle them.
- Before opening, it checks that the stop can be placed. If not, it doesn't open.
Order types
| Type | What it's for |
|---|---|
| Market order | Fill right away at the current market |
| Limit order | Fill at your price or better. It may not fill |
| Stop-loss order | Close when the trigger is reached. Sits on the exchange |
| Take-profit order | Exit in parts or in full at the target |
| Conditional order | Place an order only when a condition is met, such as a break above a level |
Exchanges differ in naming, minimum order size and trigger options. The exchange's current documentation is what counts, and TonyTrade follows each exchange's rules. How a triggered stop fills: Why stop-losses should sit on the exchange.
Not supported
- Coin-margined futures, options, delivery futures
- Margin trading (cross / isolated margin on spot)
- Earn products, staking, loans
- Withdrawals and transfers (keys have no withdrawal permission)
- Stocks, commodity futures, forex, gold
If you can't reach an exchange
TonyTrade connects directly from your computer to the exchange. We don't relay market data or orders, because that would make us a middleman. If your network can't reach an exchange, you can enter your own proxy in the app.
Before using an exchange, check that it is allowed where you live, and follow its user agreement.
What you need
- An account on the exchange, with the identity checks it requires.
- Ideally a sub-account holding only the funds you plan to use with TonyTrade.
- An API key with read and trade only, no withdrawals, ideally bound to your IP. Steps: API key setup and the API key permissions guide.
- Your limits set in TonyTrade, and some time on paper trading first.
To hear when there's a version to use, leave your email. Other questions: FAQ. Before you trade, read the Risk notice.