At a glance
Binance and Horizon overlap more than the other exchanges here. Binance is the exchange, and it also ships preset bots, Grid, DCA, Rebalancing and arbitrage, and copy trading of lead traders, all on your Binance balance. Horizon runs inside a Binance account through API keys, with a strategy built from your own idea in plain English, backtested and readable, plus a marketplace of strategies that creators are running live. This page compares what each does.
Side by side
| Question | Horizon | Binance |
|---|---|---|
| What it is | HorizonAn investing platform. Copy strategies that creators are running live, or describe your own idea in plain English and run it through your own broker. | BinanceThe largest crypto exchange by volume, with spot, futures and options, preset trading bots and copy trading. |
| How you build a strategy | HorizonDescribe the idea in plain English. Horizon turns it into rules you can read, edit and test. No code. | BinancePreset bots, Grid, DCA, Rebalancing, Auto-Invest and arbitrage, set by parameters, or your own code through the API. |
| Where strategies run | HorizonIn your own account at Binance, Bybit, Coinbase, Hyperliquid, Kraken, Robinhood, Webull, TradeStation, Tradier, E*TRADE, tastytrade and moomoo, or on Horizon Paper with simulated money. | BinanceOn Binance, in your Binance account. US residents use the separate Binance.US. |
| Markets | HorizonUS stocks and ETFs through the stock brokers; crypto spot and derivatives through the exchanges. No forex or CFDs. | BinanceCrypto spot, perpetual futures and options. |
| Backtesting | HorizonEvery strategy is backtested on historical data before it runs, and you see the rules it tested. | BinanceBot setups come with recent backtest figures. There is no backtester for a strategy of your own. |
| Paper trading | HorizonYes. Horizon Paper runs any strategy with simulated money at real market prices. | BinanceYes. Mock trading for futures, and a testnet for API development. |
| Copying other people's strategies | HorizonYes. Discover lists creators' strategies with live track records. Creators keep 80% of what subscribers pay. | BinanceYes. Copy trading follows lead traders on spot and futures. |
| Pricing model | HorizonDiscover is free. The Builder plan is a subscription, monthly or yearly, with a 14-day money-back guarantee. | BinanceA trading fee on each order, reduced by volume and by paying fees in BNB. Current fees on binance.com. |
| Holds your money? | HorizonNever. Funds stay with your broker. Horizon can place trades for a strategy but cannot withdraw money. | BinanceYes. Binance holds the assets in your account. |
Add Horizon if
- Your idea is a rule with entries and exits, not a grid or a DCA ladder.
- You want to read the rules behind every trade and the backtest that ran them.
- You want to copy a strategy with its creator's live record and rules, not a lead trader's clicks.
- You trade US stocks too and want one place for both.
Keep Binance on its own if
- You want a Grid or arbitrage bot with no setup beyond its parameters.
- You want to copy a lead trader's discretionary trading.
- You trade products Horizon's connection does not cover.
