AI TOOL PROFILE
Algoriz: AI Trading Strategy and Backtesting Software
- Finance and Accounting
- Algorithmic Trading
- Discretionary traders
- Fundamental fund managers
- Traders without programming experience
- Equity and cryptocurrency investors
Pricing
Pricing tiers include a free Lite plan, Professional at $29/month, and Premium at $69/month. Custom pricing is available for Enterprise users.
At a glance
- Best for
- Discretionary traders, Fundamental fund managers, Traders without programming experience, Equity and cryptocurrency investors
- Key use cases
- Strategy Backtesting, Automating Equity Trading, Crypto Strategy Development, Quantamental Analysis
- Integrations
- Interactive Brokers
- Official website
- Visit Algoriz official website
How AI is used
Algoriz is an AI-based platform for building and automating trading strategies in the equities and cryptocurrency markets. The tool is designed for those who lack quantitative or programming experience, allowing users to design strategies by typing in English or using standardized modules.
The software supports discretionary traders and fundamental fund managers who want to move from manual insights to automated execution. It includes a simulated matching engine that incorporates commission and slippage models to support backtesting.
Users may choose to automate their trading or set up signal alerts. The platform supports connections to Interactive Brokers for execution. Buyers should confirm the current list of supported assets, as the evidence indicates it supports stocks and crypto, while FX and commodities are not yet available.
Plan tiers determine the number of algorithms and screeners available and the available backtesting time horizons.
Key Features
English Strategy Design
Supports the definition of trading strategies by typing ideas in natural language.
Simulated Matching Engine
A testing environment used to backtest algorithms against historical data.
Slippage and Commission Modeling
Estimates potential trading costs by accounting for liquidity and order size.
Automated Execution
Supports the automation of trading ideas via broker integration.
Signal Alerts
Notifications via email or SMS when specific strategy triggers occur.
Market Sentiment Data
Access to sentiment analysis for stocks and coins from various data vendors.
Use Cases
Strategy Backtesting
Testing a hypothesis using historical data and slippage models before deploying capital.
Automating Equity Trading
Connecting to Interactive Brokers to execute stock trading strategies.
Crypto Strategy Development
Building and testing automated signals for cryptocurrencies such as Bitcoin and Ethereum.
Quantamental Analysis
Combining fundamental analysis with alternative market sentiment data for strategy design.
Integrations
- Interactive Brokers
FAQ
Who is Algoriz designed for?
- It is designed for discretionary traders and fundamental fund managers who may have limited or no experience with programming or quantitative analysis.
Which brokers does Algoriz support?
- The platform currently supports secure connections to Interactive Brokers for automated trading.
What is the difference between the pricing plans?
- The Lite plan is free but limits users to 2 algorithms and a 1-year backtest period. Professional ($29/mo) and Premium ($69/mo) offer more algorithms and expanded backtesting periods of 5 years or more.
Does Algoriz support assets other than stocks and crypto?
- Currently, Algoriz supports equities and cryptocurrencies; the vendor indicates they are working on adding FX and commodities.
Source category: Finance & Accounting
Source subcategory: Algorithmic Trading
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