Coinrule Explained

What Coinrule is, in general terms

As we understand it, Coinrule is a builder where you write trading rules as conditions and actions, for example "if this condition is true, place this order", and it runs them against your exchange account through API keys. This is a rules-based, often no-code, style of automation. The advantage is that the rule is yours and you can read it. The weakness is that a rule is only as good as its logic.

Simple condition rules are easy to build and easy to get wrong. A rule that buys after a drop can keep buying a falling price. A rule with no limit on size can grow a position without bound. Our guide to DCA bots shows the arithmetic of repeated buying, and martingale shows what happens when each step is larger.

We name the product only so you can find this page. We state no prices, plan names, fees, supported venues, results, user numbers or ratings, because they change and we have not checked them. Everything below is about the product class.

The risks of this kind of product

• Rules can loop. A rule that triggers again each time its condition is true can place many orders. Check whether there is a limit on how often a rule fires and on total size.
• Conditions use data. A rule based on a price or indicator uses the data the platform feeds it. A delay or a gap in data changes when the rule fires.
• Costs are paid in every month. A subscription, a performance share or a trading fee lowers the result whether or not the month was good. The worked example below shows the size of the effect.
• A backtest is not your result. A backtest shown by a vendor or a strategy author was not run on your account size, your fees or your delays. See backtesting and overfitting.
• Someone else's bot is not your bot. You may not see its full rules, you may not know when its author changes it, and a record can be several versions joined together. A bot you build yourself has other risks, mainly mistakes, but you know what you set.

Worked example: how a flat fee changes break-even

Everything here is made up. It is not the price of Coinrule or of any other product. Say a service costs $15 a month, which is $180 a year. The monthly return needed just to pay the fee is the fee divided by the account.

Calculated by us on 31 Oct 2026, exact. The same $15 costs 6.00% of the smallest account and 0.19% of the largest, so a small account carries a much heavier hurdle. If the gross return in a month is lower than the fee percent, the month is a loss even when every trade was a winner. If a bot trades often, add trading fees, spread and slippage on top. Use the break-even calculator with your own figures.

A checklist for the vendor's current pages

Read these on the vendor's own pages on the day you decide, and write down the date you read them.

• Costs. Every charge: subscription, per-trade, performance share, withdrawal, and what happens to a charge if you cancel. Convert each to a percent of the account you would really use.
• Permissions. What access you must give. If it uses API keys, which permissions are needed. Withdrawal permission should not be needed to run a bot, so ask why if it is requested. Restrict keys to trading only where the venue allows, and use an IP allow list if it is offered.
• Custody. Where the money sits while it is trading: with the venue you chose, or with the vendor. Whoever holds it can be hacked, can be restricted or can fail.
• Venues and markets. Which ones it works with today, and whether your account type and country are accepted.
• Terms. Refunds, liability, what happens to open positions if the service goes down, and how a bot behaves when the connection is lost.
• Records. Whether you can export every order and fee, so you can check the result yourself and prepare tax records. Tax treatment depends on where you live: ask a qualified person.
• Rule limits. How many rules your plan allows, how often a rule can run, and whether a rule can be paused as a group.
• Order types. Which order types a rule can place, such as market or limit, and how it behaves if an order is only partly filled.

How to test it with almost no money

Write the simplest rule you can, put it on the smallest size, and read the first few orders it creates against your own expectation. Then try to break it on paper: what does it do if price falls ten steps in a row?

1. Use a demo or paper mode if one exists, and say to yourself that its fills are cleaner than live ones. See paper trading and demo accounts.
2. Next use an amount you can afford to lose completely, on a key with trading permission only.
3. Record every order, fee and the fee you paid the vendor. After a few weeks compute the result yourself from your own records and compare it with what the dashboard said.
4. Check the drawdown, not only the final number. A smooth rise with one deep fall is a different product from a steady one.
5. Decide the loss at which you will switch it off before you start, and write it down.

What this page does not tell you

It does not say Coinrule works, fails, is safe or is risky. It does not compare it with any other product. It has no figures from the vendor. Its numbers are made up to show how a fee and a small account interact, and nothing here is a recommendation to use or avoid anything. Crypto-assets and leveraged products can lose all the money put into them, and past or simulated results are not a guide to future results.