FAQs

Renting a bot is easy! Simply go to our Marketplace page and select a trading bot that fits your preferred aims and risk profile. You can either run that bot with paper trading, or proceed directly to live trading by connecting your exchange account.

With its easy-to-use UI/UX, Trality’s drop-and-drop Rule Builder is perfect for beginners to create, backtest and trade like a professional, while advanced users benefit from the world’s first browser-based Python Bot Code Editor , which comes with a state-of-the-art Python API, numerous packages, a debugger, and end-to-end encryption. At Trality, you currently have two options to create trading bots: You create bots with code using our Trality Code Editor or alternatively, you can build bots with rules using our Trality Rule Builder. Find out more in our guide for beginners or our rich documentation! We’ve also created helpful get-started videos for both the Code Editor and the Rule Builder.

No, Trading402 doesn’t take any fees from your trades.

In a word: YES! There are absolutely no hidden costs, fees, or obligations of any kind. In fact, the free plan is great for beginners who want to easily create, backtest and deploy one trading bot with a limit of €5,000 in trading volume per month. However, you will need to upgrade your plan if you want to create and deploy more bots or if your trading volume exceeds the €5,000 monthly limit. Similarly, renting a bot via the Marketplace also requires a subscription. Check our pricing page for more details.

Yes, at Trading402 this is accomplished via virtual accounts. In fact, we encourage users to employ these tests and all strategies should actually be validated this way before deploying with real money.

As long as you have a paid subscription plan, no other fees are incurred. Each paid plan allows you to rent 1 bot. However, certain bots require more expensive pricing plans, such as bots with a smaller tick interval. Check the pricing page for more details.

Once you have a bot that you are ready to submit, go to the “Monetize” page. Your bot will be visible under “Eligible Bots” if it meets the eligibility criteria. In order to publish the bot, you are required to complete some basic KYC and payment setup to allow you to receive your monthly payout. Finally, you will be asked to provide some descriptive information about your bot so that it will be publicly visible and help you attract more investors! That’s it. You will be notified by email once your bot has been approved and published. We reserve the option to reject submissions if we deem the bot unsuitable for the Marketplace. If your bot is rejected, we will let you know the reason via email. You can then create a new version that addresses these issues and resubmit it to the Marketplace.

All bot creators are carefully vetted by our expert team. In addition, all bots are completely sandboxed and run individually. Trality only mirrors signals and portfolio distributions depending on the circumstances of the individual investor. Logging, debugging and other functionality are not available for investors. Nobody will ever directly touch a creator’s bot or its underlying code/algorithm.

Absolutely!! Any intellectual property in relation to a creator’s bot shall remain with its creator. Specifically, we oblige ourselves to: Non-disclose any information regarding the details of your bot’s algorithm Non-utilize the bot’s algorithm for any purpose other than for examining the quality of the source code

Unfortunately, the only guaranteed things in life are death and taxes. While trading bots confer many advantages for their users, they cannot guarantee profits.

Thank you for considering our trading bot software. It’s essential to approach the topic of automated trading with a clear understanding: while our software streamlines the trading process and brings many benefits, profits cannot be guaranteed due to the unpredictable nature of financial markets.

That said, our software offers significant advantages at an affordable price of just £59.99 per month. One of the key benefits is time efficiency. The bot can save you around 50 hours per month, a time you would otherwise spend on manual trading activities like finding trades, performing technical analysis, executing transactions, and managing risks. If you calculate the value of this time based on the average minimum wage of £10.92 per hour, it amounts to about £546 monthly.

Beyond time-saving, one of the strongest advantages of our trading bot is its emotionless, rule-based decision-making process. Unlike human traders, especially those new to trading, our bot is not swayed by emotions, which can often lead to impulsive and detrimental decisions. Statistics show that a high percentage of new traders – around 98% – lose money, frequently due to emotional trading and lack of discipline. Our bot strictly adheres to predefined trading strategies, ensuring that each decision is based on logical analysis and established criteria.

This disciplined, emotion-free approach can be particularly beneficial during volatile market conditions, where human traders might be tempted to deviate from their trading plans. By maintaining consistency and objectivity, our software helps in mitigating some of the common pitfalls that new traders face.

Consider our trading bot as an essential tool in your trading toolkit, much like a subscription to a platform like Tradingview, but with the added benefits of automated execution and emotion-free trading. It’s designed to assist you in navigating the markets more efficiently and systematically.

In summary, while we cannot promise guaranteed profits – as no tool can in the dynamic world of trading – our software provides a robust, rule-based system that operates without emotional interference, potentially giving you an edge in your trading activities. It’s an investment in efficiency and discipline, two crucial components for success in financial markets.

Disclaimer: The stock and cryptocurrency markets are highly volatile and speculative, and any trading activity is ultimately done at your own risk. Always remember the golden rule: never invest more than you can afford to lose.

As you may have noticed on Pricing page that each subscription shows Trades per month. That number is estimated and difficult to know exactly how many trades your bot will take there maybe no trades in a month if market doesnt present the opportunity for bot to take any trades.