In our ongoing efforts to make algo trading accessible to retail traders in India, we’re happy to announce that we’ve joined hands with TradeTron. We’ve synergized to help simplify the experience without having to code anything & also we’ve brought down the cost of algo trading to a large extent. The cost saving is in addition to our FYERS Trading API being completely free.
What is Tradetron?
Tradetron.tech is a multi-asset, multi-currency, multi-exchange Algo Strategy Marketplace which allows people to create algo strategies using their state of the art, patent-pending, web-based strategy builder. It allows every kind of trader or investor to build algo strategies without coding to create conditions and positions which form the building blocks of an algo strategy. Once created, the same can be listed on the marketplace where people can access them and configure the strategy to place trades in your own FYERS account.
Tradetron offering & services for FYERS Clients
We collaborated with Tradetron to offer comprehensive solutions in line with your Algo/systematic trading requirement. Tradetron offers the privilege of getting all your strategy ideas algo enabled within hours, if not minutes. You can deploy them in your FYERS trading account comfortably without any hassles of coding, data management, API management, Position management etc.
Trade notifications via SMS/Whatsapp/Email/Phone Call allows you to trade your strategies with little to no intervention. You can set an inbuilt risk management, position sizing and profit taking rules that can eradicate unnecessary manual intervention wherever possible. For those of you who don’t have the time or patience to track markets all day and make multiple entry/exit trading decisions, this platform will surely solve the problem
Tradetron exclusive features at your disposal -
- Trading Engine
- Strategy Building Wizard
- Social Trading
- Backtesting Engine
- Backtesting reporting module
- Position Builder
- Multiple Execution types
To know more about the features - click here.
TradeTron’s Pricing & Special offer by FYERS
The regular retail pricing is just ₹1,000 per month which would fulfil the basic requirements of most retail algo traders. It gives you a great bang for the buck as you can create any number of trading strategies, check for conditions every minute and can deploy upto 5 strategies on NSE & MCX. You can also perform 10 backtests per month. Get a 25% discount by subscribing to this plan through us. This will be applicable for the duration of the subscription period. So for instance, if you have subscribed for 6 months, you will save ₹1,500 (₹250 per month). Effectively, subscription cost will be ₹750 per month if you subscribe to TradeTron through FYERS.
For power users and Portfolio managers, the plan begins from ₹5000 per month. This plan is only useful if you want to make your strategies available on the marketplace and/or if you are a heavy user. You can think about this if and when you require it at a later date. Get a 25% discount by subscribing to this plan through us. This will be applicable for the duration of the subscription period. For instance, if you have subscribed for 6 months, you will save ₹7,500 (₹1,250 per month). Effectively, subscription cost will be ₹3,750 per month if you subscribe to this plan of TradeTron through FYERS.
How to sign up for TradeTron through FYERS?
- To get a 25% discount from us, you are required to sign up here. (You have to pay ₹ 1000 during the first month of the subscription. From the second month, you will receive a 25% off coupon code to your registered Email. Use the coupon code to avail the offer).
- Deploy any intraday strategy in paper trading and see how it works. If you like it, you can create a FYERS API App and link Tradetron with it (see instructions here - www.tradetron.tech/html-view/configure-fyers) and go live on the same strategy or then create your own strategy and go live with that.
- Tradetron provides training every Friday to get you acquainted on the strategy creation process - Sign up here for a free weekly webinar or then send them a request to create your strategy by filling in this questionnaire.tradetron.tech.
- Refer these FAQs to solve your doubts or contact Tradetron at firstname.lastname@example.org
Overall, this is a unique opportunity for you to get started on your algo trading journey without getting stuck up with technical complications you may frequently encounter if you are not familiar with coding and integrations. FYERS & TradeTron is a very simple plug & play solution. We hope that it adds value to you in more ways than one.