> For the complete documentation index, see [llms.txt](https://docs.tread.fi/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.tread.fi/account-creation-and-api-key-connection/connecting-to-exchanges/binance/binance-portfolio-margin-pro.md).

# Binance Portfolio Margin Pro

Binance Portfolio Margin (PM) Pro is an invite-only Binance program with a different margining model from standard Portfolio Margin. If you are on standard PM, use Binance Portfolio Margin instead.

**Important:** PM Pro connections are registered under the **Binance** exchange connector on tread, **not** under **Binance PM**. If you previously connected PM Pro credentials under Binance PM, you must unregister and re-register them through the Binance connector.

### Prerequisites

* You must already be enrolled in Binance's PM Pro program. Enrollment is handled directly with Binance.
* PM Pro on tread supports **Cross Margin only**. Isolated Margin positions are not compatible and will not appear in the PM Pro wallet view.
* If you hold PM Pro credentials already connected as "Binance PM", unregister them first (see Step 1).

### Step 1 - Unregister existing PM Pro credentials (if applicable)

If your PM Pro keys are currently connected under the **Binance PM** connector on tread:

1. Go to **Key Management**.
2. Find the existing PM Pro connection listed under Binance PM.
3. Click **Unregister** and confirm.

Skip this step if you are connecting PM Pro for the first time.

### Step 2 - Create the API key on Binance

1. Log in to Binance, then go to **User Icon → Account → API Management → Create API**.
2. Choose **System generated**.
3. Label the key, for example `TAAS-PMPro`.

### Step 3 - Set permissions

Enable the following on the new key:

* **Enable Reading**
* **Enable Spot & Margin** (required, this is what gives PM Pro access to the cross-margin wallet used for trading)
* **Enable Portfolio Margin Trading**

#### Restrict to trusted IPs

Under IP access restrictions, select **Restrict access to trusted IPs only** and paste: `54.238.80.239`

### Step 4 - Register on TAAS

1. In TAAS, open **Wallets → Connect Exchange**.
2. From the exchange dropdown, select **Binance** (regular Binance, not Binance PM).
3. Paste the API key and secret.
4. Save. Your margin wallet balance should now appear on the **Portfolio** page.

### Step 5 - Enable Spot Leverage for spot margin trading

If you plan to trade spot on margin (not just derivatives), you need to tell tread to route orders through leverage:

1. Open the order entry form.
2. Expand **Strategy Parameters** (sometimes labeled **Advanced Settings**).
3. Toggle on **Spot Leverage**. Without this toggle, spot orders will be placed as unleveraged spot, even if your PM Pro account has borrow capacity available.

### Key constraints

* **Cross Margin only.** Isolated positions are invisible to tread under PM Pro.
* **Connector matters.** PM Pro lives under the **Binance** connector. Do not use **Binance PM**.
* **Spot Leverage is opt-in per order.** Enable it in Strategy Parameters when you want margin to apply to spot.

### Troubleshooting

| Symptom                               | Likely cause                                                            |
| ------------------------------------- | ----------------------------------------------------------------------- |
| Balance is missing or wrong           | Positions are in Isolated Margin. Move them to Cross Margin on Binance. |
| Connected under Binance PM by mistake | Unregister there and re-register under the Binance connector.           |
| Spot order placed without leverage    | **Spot Leverage** was not toggled on under Strategy Parameters.         |