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About

At SpeedBot, we see a future in which everything is systematic and also automated by bots and when it comes to systematic trading, there will be only one place to go: SpeedBot. Founded in 2019 by a college group of 4 Entrepreneurs under the guidance of a very successful and serial Entrepreneur from India. SpeedBot is a platform focusing on algorithmic trading for all. From an idea brought by our team of expert traders and successful business professionals, we learned that many people like you want to invest but don't have the tools or time or even fear the volatility of the market. We decided to do something about it by building a platform anyone can use. So we created a simple interface that lets you decide what, when, and how much you want to trade and lets you follow other "Robo-advisors" - also known as algorithmic traders - who are already making money in the market

About

Clear buy and short signals on any security listed across all major exchanges (NYSE, NASDAQ, CBOE, TSX, LSE), including forex. Available for TradeStation, Interactive Brokers, TD Ameritrade, Alpaca, IG and TradingView. Users are provided a time-saving market-tested (back-tested in live trading) algorithm, clearly indicating buy and short signals based on a combination of 15 unique metrics. Simplified trading strategies for users to easily navigate opportunities and out-perform the market consistently. We actively monitor the market for trading ideas and our team of analysts post hundreds of charts daily for your consideration.Looking for your next trade? Check out the UltraAlgo Facebook group with 17,000 members, where our team of analysts and community posts hundreds of trading ideas daily! Ultra signals translate the standard deviation into a customizable format which can be set and any multiplier. This allows traders to easily identify jumps in the stocks.

Platforms Supported

Windows Not Supported
Mac Not Supported
Linux Not Supported
Cloud Not Supported
On-Premises Not Supported
iPhone Supported
iPad Supported
Android Supported
Chromebook Not Supported

Platforms Supported

Windows Supported
Mac Not Supported
Linux Not Supported
Cloud Supported
On-Premises Not Supported
iPhone Not Supported
iPad Not Supported
Android Not Supported
Chromebook Not Supported

Audience

Stock Traders, Investors, Trading Investors

Audience

Stock and Forex traders looking to gain an edge on the market with advanced trading ideas.

Support

Phone Support Not Supported
24/7 Live Support Supported
Online Supported

Support

Phone Support Not Supported
24/7 Live Support Not Supported
Online Supported

API

Offers API Not Supported

API

Offers API Not Supported

Screenshots and Videos

Screenshots and Videos

Pricing

$0
Free Version Supported
Free Trial Supported

Pricing

$67 per month
Includes real-time market data, market depth with minimal latency, multi-brokerage intergation.
Free Version Not Supported
Free Trial Supported

Reviews/Ratings

Overall 4.7 / 5
ease 4.6 / 5
features 5.0 / 5
design 4.4 / 5
support 4.4 / 5

Reviews/Ratings

Overall 4.2 / 5
ease 4.2 / 5
features 4.0 / 5
design 4.2 / 5
support 4.2 / 5

Pros & Cons from Real Users

Pros

  • I’ve been using SpeedBot for a while and it has really made my trading easier. It’s simple to use, and I didn’t have to learn coding because of the no-code strategy builder. I also like that I can trade options easily. The lock profit and stop loss features help me manage my trades better. It’s also great that it connects smoothly with my broker and keeps trades running.
  • SpeedBot has many features like a no-code bot builder, pre-built strategy templates, algorithmic trading, backtesting mode, stop loss, lock profit, TradingView integration, and many more. The best feature that I have used for more than 1 year is the automated option trading bot. I built an automated bot for some strategies and also use their pre-built strategy templates.
  • SpeedBot has many features like no code builder or ready to use strategy templates, forward testing but it has the best backtesting engine not only it provides P/L ratio but it has many more data like position or MDD, how many positions it took which was the best month and many more
  • The platform's powerful algorithms and real-time market data have greatly improved trading accuracy and efficiency.
  • This app is having best features in the market. I am an options trader since the past few months and the best part of this app is they are having options strategy builder option in which users can create their options strategies.

Cons

  • Customer support could be improved. Sometimes it takes too long to get help.
  • No, as of now, everything is good. They can improve their UI/UX for better experience.
  • Nothing to dislike about this app, it has all the features.
  • I like everything about SpeedBot Algotrading Application.
  • There are not that many cons in this app, But their user experience and app flow is not proper where they can improve otherwise everything is good to go.

Pros & Cons from Real Users

Pros

  • Delivers insights into block orders and matches them up with Options. All this combined with an AI optimizer kind of sets it in a category that's unique.
  • Noting - money waster - they do not respond to emails - will not refund free trial - scam- do not use
  • These guys have multi-broker integration which is huge if you trade across multiple asset classes. Backtesting is very easy to use, with the ability to find the best patterns with a single click. Optimizer function is unique, as I've never seeing a tool that is like an algorithm for the algorithm.
  • The Chart Patterns offered are very fast. Usually spend a ton of time trying to find a winning configuration to the trading script and they basically figured this out with one button, Used an alternative for the optimization and it took around 20 minutes for the same results (plugin via chrome), while the Ultra tool took about 15 seconds.
  • Got immediately turned onto this software after the first day. Cancelled most of my other subscriptions because it turned out to really make things easy from a pattern identification stand-point. ROI was achieved after the first trade, so that's always a good thing!

Cons

  • Takes like a good afternoon to figure out as it's really designed for trades that last more than a few minutes.
  • Free trial is a scam - refund me. Canceled on the next day
  • Overall design is good a functional. I think there is still some "smoothing" left to be done on this front. Don't think it was a bad experience at all, but better that what's available from TradeStation.
  • One one script available, however it is pretty comprehensive. Wish they would offer another 2-3 scripts just for variation, but generally happy.
  • Not a huge fan that the their product lives on Tradingview, but understand that they are launching a platform soon.

Training

Documentation Not Supported
Webinars Not Supported
Live Online Not Supported
In Person Supported

Training

Documentation Supported
Webinars Not Supported
Live Online Supported
In Person Not Supported

Company Information

SpeedBot
Founded: 2019
India
speedbot.tech/

Company Information

UltraAlgo
Founded: 2020
United States
www.ultraalgo.com

Alternatives

MetaTrader 4

MetaTrader 4

MetaQuotes

Alternatives

Build Alpha

Build Alpha

Axiom Futures

Categories

Categories

AI Trading Bots Supported
Charting Supported
Stock Trading Bots Supported

Algorithmic Trading Features

2-Click Trading Supported
Analyst on Demand Supported
Auto Fibs Not Supported
Auto Trend Lines Supported
Backtesting Supported
Basket Trading Not Supported
Drawing Tools Not Supported
Pattern Tools Not Supported
Stock Screener Supported
Trading From Charts Supported

Algorithmic Trading Features

2-Click Trading Supported
Analyst on Demand Not Supported
Auto Fibs Not Supported
Auto Trend Lines Supported
Backtesting Supported
Basket Trading Not Supported
Drawing Tools Supported
Pattern Tools Supported
Stock Screener Supported
Trading From Charts Supported

Integrations

5paisa Supported
Alpaca Not Supported
IG Not Supported
Interactive Brokers Not Supported
TD Ameritrade Not Supported
TradeStation Not Supported
TradingView Not Supported
Zerodha Supported
thinkorswim Not Supported

Integrations

5paisa Not Supported
Alpaca Supported
IG Supported
Interactive Brokers Supported
TD Ameritrade Supported
TradeStation Supported
TradingView Supported
Zerodha Not Supported
thinkorswim Supported
Claim SpeedBot and update features and information
Claim SpeedBot and update features and information
Claim UltraAlgo and update features and information
Claim UltraAlgo and update features and information