Yes.
MagicTradeBot can run without a license key. If no license key is provided, the bot will automatically operate in Free Mode.
What Happens in Free Mode?
When the license key is missing, empty, or not configured:
- The bot starts normally
- Core system components initialize
- Market data connections function
- Signal engine operates
However:
๐ Advanced features are locked
This includes:
- Auto-trading execution
- Automatic order placement
- Full strategy automation
- Advanced automation modules
The bot will not execute trades on your exchange.
What You Can Still Use Without a License
Even in Free Mode, you can:
- Generate strategy signals
- Receive alerts via Telegram
- Receive alerts via Discord
- Monitor market conditions
- Test signal logic in Demo Mode
- Explore configuration settings
This allows users to evaluate the platform before upgrading.
Is It Safe to Run Without a License?
Yes.
Because auto-trading is disabled in Free Mode:
- No live trades will be placed
- No exchange orders will be submitted
- Your funds remain untouched
It is safe to use for signal-only monitoring.
When Do You Need a License?
A valid license key is required if you want to:
- Enable automated trading
- Run live execution strategies
- Access advanced automation features
- Unlock full trading engine capabilities
You can add your license key in:
settings/application.yaml
Under:
License:
Key: "YOUR_LICENSE_KEY"
After adding it, restart the bot to activate full functionality.
Summary
- Yes, MagicTradeBot can run without a license key
- It will operate in Free Mode
- Auto-trading and advanced features are locked
- Signal and notification features remain available
- A valid license is required for full automation
Free Mode allows you to explore and evaluate the bot safely before enabling full trading functionality.