TradersPost Key Facts
What is TradersPost?
TradersPost is an automated trading platform that enables users to execute trading strategies across multiple asset classes, including stocks, cryptocurrencies, options, and futures. It integrates seamlessly with popular charting and analysis tools like TradingView and TrendSpider, allowing traders to automate their strategies without coding. TradersPost connects to various brokers such as TD Ameritrade, TradeStation, Coinbase, Interactive Brokers, and Alpaca.
The platform utilizes webhook technology to receive trading signals from external sources and execute them in connected brokerage accounts. It employs cloud-based infrastructure for reliability and accessibility and implements secure authentication methods like two-factor authentication to protect user accounts.
TradersPost Key Features
- Automated Trading: TradersPost enables users to automate trading strategies across multiple asset classes including stocks, cryptocurrencies, options, and futures. It integrates with popular charting platforms like TradingView and TrendSpider, allowing traders to execute strategies without manual intervention.
- Multi-Broker Integration: The platform seamlessly connects with various popular brokers such as TD Ameritrade, TradeStation, Coinbase, Interactive Brokers, and Alpaca. This integration allows users to execute trades directly in their preferred broker accounts.
- Webhook Technology: The platform utilizes webhook technology to receive trading signals from connected platforms. This allows for real-time execution of trades based on predefined strategies, enhancing trading efficiency.
- Paper Trading: TradersPost provides a paper trading feature, allowing users to test their strategies in a risk-free environment. This helps traders refine their approaches before committing real capital.
- Multiple Asset Classes: The platform supports trading across various asset classes, including stocks, futures, options, and cryptocurrencies. This versatility caters to diverse trading preferences and portfolio strategies.
- Mobile Compatibility: TradersPost is designed to work efficiently on mobile devices, ensuring that users can manage their trades on the go. This feature provides flexibility and constant access to trading activities.
TradersPost Pricing Plans
| Plan | Monthly Price | Annual Price | Key Features |
|---|---|---|---|
| Free Trial | Free for 7 days | - | - Paper trading- Test strategies risk-free |
| Starter Plan | $49.99/month | $41.65/month | - 1 live broker connection- Unlimited paper trading- Unlimited live trading- Unlimited strategy subscriptions- Unlimited order volume- Email support |
| Basic Plan | $99/month | $84.15/month | - 1 live broker- 6 paper brokers- 1 asset class- 5 strategy subscriptions- Manual submit- Live auto submit- Community support- Email support- Phone support- Strategy sharing |
| Pro Plan | $199/month | $169.15/month | - More advanced features compared to the Basic plan |
| Premium Plan | $299/month | $254.15/month | - Most advanced features and capabilities |
TradersPost Alternatives
1. SignalStack
SignalStack is a code-free order automation tool that allows users to connect alerts from their preferred charting platform to their brokerage account. It supports various asset classes and offers reliable, fast order execution. SignalStack is suitable for both amateur and expert traders.
2. Autoview
Autoview is an automated trading platform that helps users create passive income by automating trade signals. It offers unlimited webhooks and transactions for free, with paid plans for advanced features. Autoview supports multiple brokers and exchanges.
3. eToro
eToro is a well-established online brokerage and social trading network that offers a user-friendly experience for trading various assets, including stocks, ETFs, and cryptocurrencies. Its innovative CopyTrader feature allows users to copy the trades of successful traders on the platform, making it an excellent choice for beginners.
| Platform | Asset Classes | Automated Trading | Broker Integration | Key Features |
|---|---|---|---|---|
| TradersPost | Stocks, Crypto, Options, Futures | Yes | Multiple | Webhook integration, Paper trading |
| SignalStack | Crypto, Stocks, Futures, Forex, CFDs, Options | Yes | Multiple | No coding required, Fast execution |
| Autoview | Crypto, Stocks, Futures, Forex | Yes | Multiple | Unlimited webhooks, Strategy builder |
| eToro | Stocks, ETFs, Crypto | Yes (Copy Trading) | Built-in | Social trading, CopyTrad |
Final Thoughts
TradersPost is a great tool for traders who want to make their trading easier and more automated. It's got everything you need - it works well with brokers, is easy to use, and has cool features for both beginners and pros.
If you're fed up with making trades by hand and want to step up your game, TradersPost is definitely worth checking out. Sign up for the free trial now and see how automated trading can make your life easier. Whether you're just getting into trading or you're a pro, TradersPost has got you covered with the tools and support you need to do well in the world of automated trading.
- Removes emotions from trading by automatically executing strategies based on predefined rules.
- Enables faster trade execution to capitalize on sudden market movements.
- Fits trading around your schedule by automatically executing trades day or night.
- Supports trading in retirement accounts like IRAs.
- Provides mobile-friendly access to monitor automated trading on the go.
- It is not designed for high-frequency trading; it requires leaving 1-5 minutes between signals.
- Failed or rejected orders are never retried, potentially missing trade opportunities.
