place_order

THE RISK

Critical Risk

Why place_order needs a policy

Even with an empty description, the tool name 'place_order' in the context of a futures trading MCP server almost certainly submits trading orders that commit real financial obligations. Sibling tools like cancel_order and cancel_all_orders confirm this is a live order management system. Misuse could result in significant financial losses, hence critical severity.

From the tool's definition Tool name 'place_order' on a server explicitly described as exposing tools for 'order management' on a 'Binance USDT-M Futures trading' platform.

Documented attack patterns abuse exactly the kind of access place_order gives an agent:

POLICY

How to control place_order

PolicyLayer is an MCP gateway — it sits between your AI agents and Mcp Binance Futures, and nothing reaches the server without passing your rules. This is the rule we recommend for place_order:

policy.json

{
  "version": "1",
  "default": "deny",
  "tools": {
    "place_order": {
      "deny_if": [
        {
          "conditions": [],
          "on_deny": "Requires human approval."
        }
      ]
    }
  }
}

Any call to place_order is blocked until a human approves it. The rest of the server keeps working.

Create a free account and register Mcp Binance Futures — nothing to install.
Add this policy — paste it, or build it visually.
Point your MCP client (Claude, Cursor, anything) at your gateway URL.

GATE THIS TOOL →

Free to start. No card required.

EXPLORE

Related tools and policies

More Mcp Binance Futures tools

Financial adjust_isolated_margin adjust_isolated_margin Financial modify_order modify_order Financial set_leverage set_leverage Financial set_margin_type set_margin_type Destructive cancel_all_orders cancel_all_orders Destructive cancel_order cancel_order Write set_position_mode Switch between One-way Mode and Hedge Mode for the account. Read get_account_summary Get account-level summary: total balance, unrealized PnL, margin ratio, positions count.

All 23 Mcp Binance Futures tools →

Financial tools on other servers

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Go deeper

Critical-risk tools in Mcp Binance Futures → Every critical-risk tool this server exposes, in one view.
All critical-risk MCP tools → Every critical-risk tool across the catalogue, and the policy pattern that contains them.
The MCP Attack Database → Documented attack patterns against MCP deployments — and the policies that stop them.
Human-in-the-loop → When a tool call should wait for a person — and when policy can decide alone.
Tool call approval → Approval gates on individual tool calls: auto-allow, prompt, or deny.
How to Add Spending Controls to Any MCP Agent →
Rate Limiting MCP Tool Calls: A Practical Guide →

FAQ

Questions about place_order

What does the place_order tool do? +

place_order. It is categorised as a Financial tool in the Mcp Binance Futures MCP Server, which means it involves financial transactions. Block by default and require explicit approval.

How do I enforce a policy on place_order? +

Register the Mcp Binance Futures MCP server in PolicyLayer and add a rule for place_order: allow, deny, rate-limit, or require approval. Point your MCP client at the PolicyLayer proxy URL and the rule is enforced on every call, before it reaches Mcp Binance Futures. Nothing to install.

What risk level is place_order? +

place_order is a Financial tool with critical risk. Critical-risk tools should be blocked by default and only enabled with explicit human approval.

Can I rate-limit place_order? +

Yes. Add a rate_limit block to the place_order rule in your PolicyLayer policy. For example, setting max: 10 and window: 60 limits the tool to 10 calls per minute. Rate limits are tracked per agent session and reset automatically.

How do I block place_order completely? +

Set action: deny in the PolicyLayer policy for place_order. The AI agent will receive a policy violation error and cannot call the tool. You can also include a reason field to explain why the tool is blocked.

What MCP server provides place_order? +

place_order is provided by the Mcp Binance Futures MCP server (muvon/mcp-binance-futures). PolicyLayer sits as a proxy in front of this server to enforce policies before tool calls reach the server.

Enforce policy on every Mcp Binance Futures tool call.

Start from Mcp Binance Futures, add the rest of your stack, and see everything your agents can call. Then put policy on all of it.

CHECK YOUR STACK →