Algoriz: AI Trading Strategy and Backtesting Software
Algoriz helps discretionary traders and fund managers create automated strategies without requiring programming skills. It is designed for users who need to test hypotheses using simulated matching engines and slippage models.
At a glance
- Category
- Finance & Accounting
- Best for
- 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.
- Key use cases
- Strategy Backtesting, Automating Equity Trading, Crypto Strategy Development, Quantamental Analysis
- Integrations
- Interactive Brokers
- Official website
- algoriz.com/
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
Supports the definition of trading strategies by typing ideas in natural language.
A testing environment used to backtest algorithms against historical data.
Estimates potential trading costs by accounting for liquidity and order size.
Supports the automation of trading ideas via broker integration.
Notifications via email or SMS when specific strategy triggers occur.
Access to sentiment analysis for stocks and coins from various data vendors.
Use Cases
Testing a hypothesis using historical data and slippage models before deploying capital.
Connecting to Interactive Brokers to execute stock trading strategies.
Building and testing automated signals for cryptocurrencies such as Bitcoin and Ethereum.
Combining fundamental analysis with alternative market sentiment data for strategy design.
Best For
Integrations
Pricing
Pricing tiers include a free Lite plan, Professional at $29/month, and Premium at $69/month. Custom pricing is available for Enterprise users.
FAQ
It is designed for discretionary traders and fundamental fund managers who may have limited or no experience with programming or quantitative analysis.
The platform currently supports secure connections to Interactive Brokers for automated trading.
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.
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
