Tradetron is a multi asset,multi currency multi exchange Algo strategy marketplace which allows people to create algo strategies using its state of art unique web based strategy builder which allow people to point and click to create conditions and positions which forms the building blocks of a Algo strategy. Once created the same can be listed on the marketplace where people can subscribe them and in turn take those trades in their own brokerage accounts.
In this article we are going to explore about Tradetron technology and Algo Strategy in brief-
What is Tradetron?
Tradetron has been created to empower strategy creators by allowing them to automate their quant strategies and sell them to investors and traders worldwide. It has more than 100 keywords are available for various trading conditions. It offers hundreds of automated trading strategies to copy for free and amend as per use.
It has 278k+ signups, more than 43 k algos, does 175k live trades on daily basis and 88+ brokers API connected to it.
Features of Tradetron-
The unique features of Tradetron makes it India’s most favorite Algo Trading software and the key features are listed below-
- It is a Paperless trading software.
- There is no need of downloading the software in to your device.
- No data Linking is required.
- No data charges apply means it is free to use.
- Loaded with Dedicated bots assigned to provide strategies for ultra fast continuous conditions checking and execution.
Algo Trading-
Algorithmic trading also called as Automated trading/Black box trading or Algo- Trading is a trading software that uses a computer program that follows a defined set of algorithms or instructions to place a trade. In theory, the trade can generate profits at a speed and frequency that is impossible for human trade.
Details of Tradetron Software-
Website- http://www.tradetron.tech
Industry- Financial and trading services
Company Size- 10 employees and growing
Headquarters- San Jose California
Type- Private firm
Founded in- 2019
Specialties- Algo Trading, Algo Marketplace, Algo strategy, Stock trading,Share market
Available on- Google play store and apple store.
How Tradetron Works?
Tradetron does Algo trading etc. on strategical basis through various process mentioned below-
Trading Engines/Softwares-
The software for the trading is so uniquely build up that the trades can be handled with much ease without creating any fuss and the user does not need to be worried about the trade. Trader only has to tell the strategy about trade and the rest is managed by the software itself. Further the dedicated bots calculate all the pros and cons of trade and once satisfied, the trade is taken.
Strategy Building Wizards-
What if the user gets an offer to build a wide gamut of strategies and algorithms without ever writing a code? Yes at Tradetron the Trader can do the trade business with this much ease. With Tradetron, trading is better and faster.
Tradetron is 100% cloud based software. No Downloads, No data streaming. Simple cutting edge accessibility to follow the user portfolio from anywhere in the world.
Social Trading-
Social trading is necessary for new Users who are new to trading business. It allows the user to study hundreds of strategies see key stats and choose the best one that suits them the best to add in their portfolio. All the data is transparently available so the user can consider additional factors like trading strategy past performance, back testing results and asset types.
Tradetron enables user to copy strategies to make trades online.
The investor instantly gain access to multiple strategy providers and execute accordingly through his account.
The user can search for the best strategy by using filter tools, subscribe to the best suited and start the trading.
Backtesting Engines-
Lack of past data of various trades creates biggest hurdles for the traders. Tradetron has large amount of previous data to the user disposal where he can understand about any pros and cons of the trade he is going to do through number of statistics. Backtesting and live trading produce diverse results to the trade.
Here tradetron offers three options to do the backtesting of the trade-
- Assuming the best price
- The worst price
- The average price of the bid on that day.
If your strategy shows good results even with worst price execution,you can enter the live trade with much confidence.
Back testing reporting module-
Tradetronbacktesting reporting module gives the user a detailed position analysis at the end of each day in backtesting period of the trades it took. You can analyze the stats and tweak them until you get it right.
These backtesting results can be made available on your strategy profile page.
Pricing-
Digital technology, artificial intelligence and the automation is the way the world is heading and so are the stock markets and investments no different. Tradetron algorithm software has unique pricing plans and the user can choose the plans accordingly.
Tradetron also helps in configuring the custom strategy of the user or provide other quant services at nominal fee.
It has 3 types of subscription plan- Monthly quarterly and annually. If the user chose monthly or annual subscription, he can be rewarded with a discount of 7 to 17%.
FAQs-
Is Tradetron Profitable?
If the same person buys a strategy by paying 1000 INR, then Tradetron will keep 20% of the amount as its profit and 40 Rupees as a referee commission on monthly basis making it a profitable outcome.
Which Brokers are supported by Tradetron?
Number of Brokers are supported by Tradetron. Gaintslike 5paisa, Nirmalbang,IIFLsecurities,Tradeswift,MotilalOswal etc. to name a few are supported by tradetron.
Is Algo trading banned by SEBI?
No,it is not banned by SEBI.
