Software Alternatives, Accelerators & Startups

Backtrader VS OptionNet ONE

Compare Backtrader VS OptionNet ONE and see what are their differences

Backtrader logo Backtrader

Backtrader is a complete and advanced python framework that is used for backtesting and trading.

OptionNet ONE logo OptionNet ONE

Options Trading and Analysis Software. Learn, Backtest and Trade Options. FREE live streaming data from your broker account. TRIAL available.
  • Backtrader Landing page
    Landing page //
    2021-09-30
  • OptionNet ONE Landing page
    Landing page //
    2023-04-13

OptionNET Explorer combines our famous ease-of-use with the full set of powerful, high-end features that professional traders demand. Create complex stock and options strategies without compromising on productivity or accuracy. Backtest historical trades and monitor live trades in a single environment.op

Backtrader

Pricing URL
-
$ Details
Platforms
-

OptionNet ONE

$ Details
paid £525.0 / Annually (Per customer)
Platforms
Windows

Backtrader features and specs

  • Versatility
    Backtrader supports a wide variety of data sources and formats, as well as different types of financial instruments, allowing for extensive backtesting and live trading capabilities.
  • Community and Documentation
    The platform has a strong community and comprehensive documentation, making it easier for new users to get started and for experienced users to troubleshoot and optimize their strategies.
  • Python Integration
    Written in Python, Backtrader allows users to leverage Python's extensive ecosystem of libraries for data analysis, machine learning, and other financial computations.
  • Open Source
    As an open-source project, users can modify and extend the platform to meet their specific trading and testing needs without restrictions, and contribute to its development.
  • Flexibility in Strategy Design
    Backtrader offers a flexible and intuitive framework to design complex trading strategies, enabling users to test multiple strategies with different parameters efficiently.

Possible disadvantages of Backtrader

  • Steep Learning Curve
    Despite its flexibility, new users may find Backtrader's extensive features and options overwhelming, requiring a significant amount of time to learn and effectively utilize.
  • Performance Issues
    For very large datasets, Backtrader might experience performance bottlenecks or require additional optimization, as Python is not the fastest language for high-frequency backtesting.
  • Limited Technical Support
    As a community-driven open-source project, Backtrader might lack the formal technical support and customer service that comes with commercial trading platforms.
  • Complexity in Live Trading
    Transitioning from backtesting to live trading can require significant additional setup and potential custom development, especially in integrating broker APIs.
  • Outdated Resources
    Some educational materials and tutorials may be outdated, leading to confusion due to interface or feature updates that are not well-documented.

OptionNet ONE features and specs

  • Manual Backtests
  • Risk Graph

Backtrader videos

Backtrader Python Review

More videos:

  • Review - Algorithmic Trading with Python and Backtrader (Part 1)
  • Review - Backtrader Live Forex Trading with Interactive Brokers (Part 1)

OptionNet ONE videos

No OptionNet ONE videos yet. You could help us improve this page by suggesting one.

Add video

Category Popularity

0-100% (relative to Backtrader and OptionNet ONE)
Finance
70 70%
30% 30
Development
77 77%
23% 23
Tool
100 100%
0% 0
Trading
0 0%
100% 100

User comments

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Social recommendations and mentions

Based on our record, Backtrader seems to be more popular. It has been mentiond 3 times since March 2021. We are tracking product recommendations and mentions on various public social media platforms and blogs. They can help you identify which product is more popular and what people think of it.

Backtrader mentions (3)

  • My reality of trading and how i wish i had never started.
    I do like what I see and hear about backtrader.com. I would say they are a notable exception to my general rule of not trusting or using backtesting frameworks. However, I still think it is important to understand how the framework you are using works. So if you are using backtrader for backtesting you still need to put in the time to understand the backtesting engine. Source: about 2 years ago
  • My reality of trading and how i wish i had never started.
    What about backtrader.com? And I feel like it would be step 2 after you at least have something to backtrade and test haha. Source: about 2 years ago
  • I need to know what can go wrong with my 'masterplan'
    Backtesting is basically applying your strategy on historical price data to see if it makes money. I've used Backtrader it works decently well: https://backtrader.com/. Source: over 3 years ago

OptionNet ONE mentions (0)

We have not tracked any mentions of OptionNet ONE yet. Tracking of OptionNet ONE recommendations started around Apr 2023.

What are some alternatives?

When comparing Backtrader and OptionNet ONE, you can also consider the following products

quantra - A public API for quantitative finance made with Quantlib

MesoSim by deltaray - MesoSim from deltaray is an advanced option backtesting service

QuantConnect - QuantConnect provides a free algorithm backtesting tool and financial data so engineers can design algorithmic trading strategies. We are democratizing algorithm trading technology to empower investors.

QuantRocket - QuantRocket is an all-in-one end-to-end data trading platform and is securing your connection to other trading applications that will be the key to query data and submit orders.

Quantreex - An automated trading platform that you let you create trading strategies intuitively.

Quantopian - Your algorithmic investing platform