Terms & Conditions
In short: trading is risky, we never tell you to buy or sell anything, you stay in control of your account, and payments are non-refundable. Signing up or paying means you agree.
1. About the service
OpenTrades ("we") provides software that copies trading positions from our own Binance USDT-M Futures account to the Binance account of the user ("you") through an API key you connect yourself. We also show a trading journal, market data and educational articles.
We are not a broker, an investment manager or a financial adviser, and we never hold your funds. Your money always stays in your own Binance account.
2. Trading risk
Trading crypto assets, especially leveraged futures, carries very high risk. Prices can move quickly and against a position, so you can lose part or all of your capital, including through liquidation.
The results on this website are a real record of our account, but past results do not guarantee future results. Results in your account can differ because of position size, execution timing, slippage, fees, funding, the coins you skip and market conditions.
Only use money you can afford to lose.
3. Not a recommendation to buy or sell
Nothing on the website, the dashboard, OpenTrades News articles or in our messages is an invitation, recommendation or advice to buy, sell or hold any asset. All information is for education and record-keeping.
The decision to subscribe and follow our trades is entirely your own.
4. You stay in control
As a member, you keep full control of your account:
- Choose which coins to follow and which to skip in the Coins menu.
- Set the margin per position, the leverage and the maximum number of positions open at once.
- Close any position yourself at any time, directly on Binance.
- Disconnect at any time by deleting the API key in the dashboard or on Binance.
The settings you choose, including margin and leverage, are entirely your responsibility.
5. API keys and security
You must create an API key with Futures permission only and with withdrawals disabled. We store API keys encrypted and use them only to open, adjust and close positions as part of the service.
You are responsible for the security of your Binance account, email and devices. We are not liable for losses caused by a hacked account, an API key leaked on your side, or permissions set differently from our guide.
6. Payments and no refunds
Membership is paid in advance for the plan you choose. Promotional prices apply only during the stated promotion period.
All payments are final and non-refundable for any reason, including but not limited to losing trades, stopping use of the service before the plan ends, configuration mistakes, Binance outages or changing market conditions.
Membership starts when the payment is confirmed. Renewals are made with a new payment and added to the time remaining.
7. Availability and limitation of liability
We work to keep the service running at all times but do not guarantee it will be uninterrupted. Execution can be delayed, fail or fill at a different price because of internet or server problems, Binance restrictions, API changes or market conditions.
To the extent permitted by law, we are not liable for trading losses, lost profits or any indirect loss arising from use of the service. In no case does our liability exceed the membership fee you paid for the current period.
8. Personal data
We keep the data the service needs: name, email, WhatsApp number, payment history, transfer receipts, your encrypted API key and your account's trading data. Data is never sold and is used only to run the service, contact you and meet legal obligations.
Activity records. For account security, abuse prevention and user support, we record your activity while you are signed in on this site: the pages you open and how long you stay, the buttons and links you click, the settings you save and their result, document downloads, and sign-ins, sign-outs and failed sign-in attempts, together with your IP address and type of device and browser. These records are visible only to the OpenTrades operators, never contain passwords, API keys or secrets, are never sold or shared with third parties, and are kept in limited number (the oldest are deleted automatically).
9. OpenTrades News content and the use of AI
Some OpenTrades News articles are put together with the help of artificial intelligence (AI) from public sources listed in each article's "Sources" section, then checked automatically against those sources. Such articles always carry an AI notice at the top. While we aim for accuracy, an article may contain mistakes, outdated data or an incomplete summary. Prices, supply figures and market data are as of the date stated.
All articles, including coin profiles and stock, gold and macro news, are for information and education. Articles are not investment advice, a recommendation, or an invitation to buy, sell or hold any asset. We are not a licensed investment adviser. Mentioning a stock, coin or other asset does not mean we recommend it. Do your own research and, where appropriate, consult a licensed professional before making decisions.
Corrections and takedowns. If you find an error, misleading information, or content that infringes your rights (including copyright, trademarks or reputation), report it with the "Report an error" link on the article or via WhatsApp. We will review the report and, where justified, correct it, add a correction note, or remove the article within two business days of receiving a complete report.
News summaries are rewritten in our own words and always link to the original source. Brands, logos and trade names belong to their respective owners. Short quotations are used for reporting and commentary, with attribution.
We are not liable for losses arising from decisions made on the basis of OpenTrades News articles.
10. Affiliate program
Who can join. The affiliate program is open only to active OpenTrades members. Each participant gets one affiliate code, which can be changed once. Codes and affiliate links are personal.
Binding. An account that signs up or checks out with a valid affiliate code is tied to that code's owner for good. The first code used applies and cannot be moved to another code. A code cannot be used for one's own account or another account of the same person.
Commission. A participant earns 20% of the membership amount paid by each account tied to them, for every order the operator has marked paid, renewals included. Commission is due only if the participant is an active member when the order is marked paid. Cancelled, rejected or unpaid orders earn nothing.
Payout. Commissions are paid by hand to the bank account, e-wallet or USDT (BNB Smart Chain/BEP20) address the participant has saved, once the unpaid balance reaches at least Rp100,000, within 7 (seven) working days. Participants are responsible for correct payout details; OpenTrades is not liable for a wrong number or address. Transfer fees may be deducted from the commission.
Promotion. Participants may not promise profits or particular results, spread false or misleading information, send spam, create fake accounts, or use the OpenTrades name, brand or logo in paid advertising without written permission. Participants must state that trading is risky.
Cancellation. OpenTrades may void commissions, withhold payouts or end the participation of anyone who breaks these terms or is suspected of fraud. These terms, the commission rate and the program itself may change or end at any time; commissions already due before a change are still paid.
An affiliate commission is a reward for a referral, not trading income and not a share of anyone's investment returns.
11. Changes to these terms and the service
We may change these terms, features or prices at any time. The latest version is always on this page, with the update date at the top. By continuing to use the service after a change, you accept the latest version.
12. Agreement
By registering an account, making a payment or using OpenTrades, you confirm that you have read, understood and agree to all of these Terms & Conditions, including the trading risk and the no-refund policy.
These terms are governed by the laws of the Republic of Indonesia. If this English version differs from the Indonesian version, the Indonesian version prevails. Questions can be sent via WhatsApp.