Software Alternatives, Accelerators & Startups

Portable Python VS QuantConnect

Compare Portable Python VS QuantConnect and see what are their differences

Note: These products don't have any matching categories. If you think this is a mistake, please edit the details of one of the products and suggest appropriate categories.

Portable Python logo Portable Python

Minimum bare bones portable python distribution with PyScripter as development environment.

QuantConnect logo 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.
  • Portable Python Landing page
    Landing page //
    2023-10-01
  • QuantConnect Landing page
    Landing page //
    2023-10-15

Portable Python features and specs

  • Ease of Use
    Portable Python comes with everything configured and ready to run, making it easy for users to start working with Python without extensive setup.
  • Portability
    It can be run from a USB stick or any other portable device, which makes it convenient for use across different computers without installation.
  • Integrated Packages
    Includes a collection of Python packages and tools, such as PyCharm, PyQT, and Django, which streamlines the development process.
  • No Administrative Privileges Needed
    Users can run Portable Python without needing administrative privileges on Windows machines, making it accessible in restricted environments.

Possible disadvantages of Portable Python

  • Lack of Updates
    Portable Python is not frequently updated, which may lead to compatibility issues with newer Python projects and libraries.
  • Limited Support
    Being less popular compared to standard Python distributions, it may lack community support and comprehensive documentation.
  • Windows Only
    Portable Python is designed primarily for Windows environments, limiting its accessibility for users on other operating systems like macOS or Linux.
  • Dependency Conflicts
    Managing and updating packages may lead to conflicts, especially as the application ages and dependencies change over time.

QuantConnect features and specs

  • Comprehensive Data Access
    QuantConnect provides access to a wide range of financial data which is crucial for developing and testing trading algorithms. This includes equities, futures, FOREX, and cryptocurrencies, which allows users to backtest strategies with historical data.
  • Cloud-Based Development
    The platform is cloud-based, which means users can access their projects from anywhere and don't need to worry about the computational resources required for large backtesting tasks. This also facilitates easy collaboration.
  • Wide Language Support
    QuantConnect supports multiple programming languages including C#, Python, and F#. This allows developers to choose from different languages they are comfortable with while coding algorithms.
  • Lean Algorithm Framework
    The open-source Lean Algorithm Framework is at the core of QuantConnect, providing a robust and flexible foundation for algorithmic trading strategies which can be customized to meet specific needs.
  • Community and Collaboration
    QuantConnect has an active community where users can share ideas, collaborate on projects, and seek help from others which enhances learning and innovation.

Possible disadvantages of QuantConnect

  • Complexity for Beginners
    The platform may be overwhelming for beginners due to the vast array of features and the requirement for programming skills, which can be a steep learning curve for some users.
  • Pricing Structure
    While QuantConnect offers free access with certain limitations, advanced features and higher data allowances come at a cost. This pricing may be a barrier for casual or small-scale users.
  • Limited Asset Classes for Free Users
    Free users may face limitations in terms of the number of asset classes and data sources available, which could restrict the range of strategies they are able to develop and test.
  • Dependence on Internet Connection
    As a cloud-based platform, an active internet connection is required to develop and execute algorithms, which could be a problem for users with unreliable internet access.
  • Execution Latency
    Running algorithms on a cloud platform might introduce latency issues which can be a disadvantage if executing strategies that require ultra-low latency transaction speeds.

Portable Python videos

No Portable Python videos yet. You could help us improve this page by suggesting one.

Add video

QuantConnect videos

Difference between Quantopian Quantiacs Quantconnect

More videos:

  • Review - Step by Step Algorithmic Trading Guide with QuantConnect

Category Popularity

0-100% (relative to Portable Python and QuantConnect)
Text Editors
100 100%
0% 0
Finance
0 0%
100% 100
Python IDE
100 100%
0% 0
Development
0 0%
100% 100

User comments

Share your experience with using Portable Python and QuantConnect. For example, how are they different and which one is better?
Log in or Post with

Reviews

These are some of the external sources and on-site user reviews we've used to compare Portable Python and QuantConnect

Portable Python Reviews

We have no reviews of Portable Python yet.
Be the first one to post

QuantConnect Reviews

TradingView Alternatives For Budget Conscious Traders
QuantConnect is a quantitative trading platform where you can develop algorithms in Python. It’s gaining popularity for its collaborative environment and large data library that supports backtesting and live trading. QuantConnect is flexible and supports multiple asset classes so it’s good for algorithmic traders.
Source: medium.com

Social recommendations and mentions

Based on our record, QuantConnect should be more popular than Portable Python. It has been mentiond 9 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.

Portable Python mentions (2)

  • Can my work till if I run Linux from a USB?
    Not likely, unless they were LOOKING for that kind of thing, which is also unlikely. However, many companies lock the bios to stop you changing the preferred boot order of the PC. You could also consider using Python Portable, therefore would not be actually installing anything https://sourceforge.net/projects/portable-python/. Source: over 2 years ago
  • Problem with rembg and portable python 3.8.9 x64
    Hello, i'm a compelte noob in python and have a problem with run rembg with portable python 3.8.9x64 (downloaded from https://sourceforge.net/projects/portable-python/). Source: over 3 years ago

QuantConnect mentions (9)

  • I'm a dev, we're in 2023, what should i start with ?
    I use https://quantconnect.com/ to backtest new algos and discover new algos. They support C# and python. Source: over 2 years ago
  • Where can I Learn OOP for trading in python? I’ve been looking for some information, but I didn’t find anything, any help?
    Use quantconnect.com, their API forces you to use OOP there so it's a good practice. Source: almost 3 years ago
  • Backtesting tools
    For stocks and crypto: QuantConnect and Backtrader For options: MesoSim and OptionNetExplorer. Source: almost 3 years ago
  • what do you guys think about Joel Greenblatt and his magic formula of investing? backtests of his formula return on average above 20% per annum
    Only you can teach you how to do it. quantconnect.com has a lot of tutorials and other documentation that should be enough for you to learn from. I'm still learning the process of backtesting and I'm not aware of an "easy" way to perform this type of work. Source: almost 3 years ago
  • What are some things you have automated, using python?
    Thanks for the pointer. quantconnect.com and interactive brokers. I have a little fantasy that I'll do this once I retire and hand over 1% of my nest egg to it; see how it does... Hand over some more, etc... Source: over 3 years ago
View more

What are some alternatives?

When comparing Portable Python and QuantConnect, you can also consider the following products

WinPython - The easiest way to run Python, Spyder with SciPy and friends out of the box on any Windows PC...

Quantopian - Your algorithmic investing platform

PyCharm - Python & Django IDE with intelligent code completion, on-the-fly error checking, quick-fixes, and much more...

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

Anaconda - Anaconda is the leading open data science platform powered by Python.

quantra - A public API for quantitative finance made with Quantlib