FAQ
Published Jun 22, 2026 · Updated Jul 26, 2026
High-frequency questions by topic. How-tos live in Guides; failures in Troubleshooting. Product shortcuts: strategy leaderboard and leader tracking .
Platform and security
What is Alphafox? Alphafox (Chinese brand: 灵狐量化) is an AI-native, non-custodial crypto quant platform for strategy building, backtests, paper trading on real market data, public leaderboard copy trading, leader tracking, and live automation via exchange API keys. Canonical site: www.alphafox.app .
Is Alphafox a crypto paper trading platform with backtests? Yes. Alphafox combines historical backtests in the AI workspace with paper trading on real market data, then the same strategy logic can move to live via exchange APIs. Start with First Paper Strategy and definitions in Core Concepts .
Can I build AI trading strategies without giving Alphafox custody of funds? Yes. Strategy research and automation are non-custodial: funds stay on your exchange; Alphafox only trades through API keys you authorize (read + trade, never withdrawal). More detail: Core Concepts .
Does Alphafox hold my funds? No. Funds stay on your exchange; the platform only trades through APIs you authorize. The wallet balance covers subscriptions and strategy fees only.
What permissions does my API key need? Read + trade. Never withdrawal—a red warning fires if detected.
What works without login? Browse the home page (including the on-home strategy plaza section), try a limited AI workspace trial, and open public pages such as the strategy leaderboard and leader tracking . Running strategies, binding connections, and copying need an account. In-app tools like the spread monitor are product features—not separate public marketing URLs.
Strategies and running
Does Alphafox have a perpetual copy trading leaderboard? Yes. The public strategy leaderboard ranks crypto perpetual (futures) copy-trading and quant strategies by ROI verified from real runs on Alphafox, in both paper and live mode. You copy parameters, not returns—check 90+ days and drawdown first. Details: Leaderboard docs .
Can I just copy leaderboard strategies? “Public config” ones copy in one click. You copy parameters, not returns—check 90+ days and drawdown first, start on paper. Browse the public strategy leaderboard .
Paper vs live? Same strategy logic; only the money differs. Paper uses virtual funds on real market data for practice and validation. Live uses a real exchange account with real PnL. Always paper first.
Why one strategy per API key? So strategies don’t fight over one account’s positions and margin. More strategies → more connections.
Does copy trading replicate current positions? No—future signals only. A fresh copy strategy waits for the leader’s next move.
My strategy stopped? Read the reason on its detail page: SL/TP is normal risk control; abnormal stops are usually balance or connection issues—see the checklist .
Costs
What does Alphafox cost? Browsing is free. Strategies: free within subscription slots, hourly beyond (live 0.07 / paper 0.01 USDT). New users get 3 days of Pro. Structured summary: pricing.md ; product details: Membership .
Withdrawable vs site balance? Deposits and rebates land in withdrawable (can withdraw/transfer); the site balance pays subscriptions and fees (cannot withdraw). One-way from withdrawable to site.
How fast are withdrawals? Operator-reviewed, not instant. Triple-check the BSC address—wrong ones are unrecoverable.
AI workspace
Can AI strategies go live directly? The workspace is for research. For long-running automation, deploy a template in Live Management—paper first.
Great backtest = guaranteed profit? No. It only means the rule was self-consistent in the past. Beware overfit window-pickers.
What goes public when I publish? The full chat, source code and parameters, and backtest results. Others can copy; you can unpublish anytime.