Frequently Asked Questions

What is MagicTradeBot?
MagicTradeBot is a self-hosted, AI-powered automated crypto trading platform. It enables trading across multiple exchanges with advanced strategies, backtesting tools, and full control over your data.
How is MagicTradeBot different from other trading bots?
Unlike cloud-based bots, MagicTradeBot runs on your own server, giving you complete control of your data and security. It offers AI-driven decisions, customizable strategies, and enterprise-grade API protection.
Can I host MagicTradeBot on my own server?
Absolutely! You can deploy it on a local machine, VPS, or private cloud. We provide Docker setups and full installation guides.
What are the system requirements for self-hosting?
MagicTradeBot is a web-based app with built-in SQLite support. You can also use MySQL, SQL Server, or PostgreSQL. It runs smoothly on traditional servers or in Docker containers.
Which exchanges are supported?
Currently supported: Binance, Bybit, OKX, Bitget, and more. We support REST and WebSocket APIs, with regular additions of new exchanges.
Is remote or mobile monitoring available?
Yes. Once hosted, you can access MagicTradeBot from any device via web browser. The UI is mobile-friendly for on-the-go monitoring.
Can I practice trading without risking real money?
Yes! Demo Mode allows you to simulate trades using virtual funds in live market conditions.
Does demo trading use real market data?
Absolutely. It uses both live and historical market data to ensure accurate testing and performance insights.
Can I switch between demo and live trading easily?
Yes, switching is instant. Just toggle modes from the settings panel.
What is the Real-Time Kline Data Collector?
The Real-Time Kline Data Collector is a self-hosted background service within MagicTradeBot that continuously gathers candlestick (OHLCV) data from your connected exchanges. This live market data powers core features like the Strategy Builder Tool and simulation engine, enabling precise trade triggers, live condition validation, and high-frequency strategy execution. All collected data remains local within your MagicTradeBot instance and is never shared externally.
What is the Strategy Builder Tool and what are its benefits?
The Strategy Builder Tool is a visual, no-code interface designed to help you build and test crypto trading strategies tailored to your preferences. It allows you to define multiple long/short conditions, intervals, price change thresholds, and advanced logic without writing a single line of code. You can simulate and refine these strategies using your own market data collected locally. This tool is ideal for both beginners and advanced traders looking for rapid iteration, backtesting, and full customization—all within your self-hosted environment.
Can I use pre-built trading templates?
Yes! Use, manage, and test pre-built templates. We also offer optimized templates for specific coins and market conditions.
Can I test strategies before going live?
Definitely. The Strategy Lab supports backtesting with over 5 years of historical data, including slippage simulation.
How does smart stop-loss work?
Smart stop-loss adjusts dynamically. If the market moves in your favor, it tightens to secure profits while minimizing losses.
Can I set up trailing take-profit orders?
Yes. Configure dynamic take-profit and stop-loss rules, OCO orders, and circuit breakers to manage risk and lock in gains.
What are AI-Powered Input Recommendations?
AI-Powered Input Recommendations are an optional feature that leverages machine learning models to suggest optimized trading parameters—such as entry levels, take-profit %, and stop-loss %—based on historical data patterns and real-time market behavior. When enabled, minimal anonymized input (e.g., symbol, interval) is securely sent to our official AI API, which returns intelligent recommendations. Your strategy logic and sensitive data are never exposed. This feature is ideal for enhancing your setups with data-driven precision.
What are Active Bot Instances?
Active Bot Instances are live, independently running trading engines within your MagicTradeBot setup. Each instance can be configured to target:
  • A specific exchange account (e.g., Binance, KuCoin)
  • A distinct trading strategy (e.g., High-Leverage Scalping, Swing Trading)
  • All supported crypto symbols available on the exchange
The bot instance scans hundreds or even thousands of symbols in real time and executes trades only when predefined conditions are met. You can also define limits such as “maximum 5 trades in progress” to prevent overtrading. This architecture allows you to deploy multiple instances—across the same or multiple servers—enabling massive opportunity coverage, risk control, and real-time strategy scaling.
Do you support affiliate marketing?
Yes! MagicTradeBot offers a powerful affiliate marketing program for individuals, influencers, and communities who want to promote our platform. Affiliates can earn up to 30% commission on every successful referral.

Highlights of our affiliate program:

  • Earn recurring commissions on each referred user's license payments
  • Track performance with your own affiliate dashboard
  • Custom referral links and marketing creatives provided
  • No approval delay — start promoting instantly

Whether you're a trading educator, content creator, or community admin, you can turn your audience into a revenue stream. Join our affiliate network and grow with MagicTradeBot!