Quantopian

Website

quantopian.com

Pricing URL

-

$ Details

-

Platforms

-

Release Date

-

Categories

#Development #Finance #Tool #Investing

Snowball Analytics

Website

snowball-analytics.com

Pricing URL

Official Snowball Analytics Pricing

$ Details

freemium $7.99 / Monthly (1 portfolio, automatic brokerage connection)

Platforms

Web

Release Date

2022 August

Categories

#Investing #Personal Finance #Portfolio Management #Portfolio Reporting

Quantopian features and specs

• Community Collaboration
  Quantopian provided a platform for users to share and collaborate on trading algorithms, enabling users to learn from each other and improve their strategies.
• Access to Data
  Quantopian offered access to a wide range of financial data sets, which allowed users to develop and back-test their algorithms using historical data.
• Comprehensive Development Environment
  It featured an integrated development environment (IDE) with tools for coding, testing, and back-testing trading strategies in Python, which was user-friendly and powerful.
• Educational Resources
  Quantopian provided various educational resources, including lectures, tutorials, and a supportive community forum, which were beneficial for both beginners and experienced traders.
• Competition and Incentives
  Quantopian organized contests that incentivized users to develop successful trading algorithms, with the potential to receive a live trading allocation from the company.

Possible disadvantages of Quantopian

• Shutting Down Services
  Quantopian shut down its retail offering in 2020, which meant that users could no longer use their platform for developing and testing new algorithms.
• Limited Live Trading Options
  Users found limited options for deploying their strategies into live trading. Quantopian allowed this only for algorithms selected for allocation, which reduced accessibility for many users.
• Dependence on Platform
  Users who developed algorithms on Quantopian's platform were heavily dependent on it, and when it shut down, they had to transition to other platforms, which could be challenging.
• Resource Limitations
  There were computational and resource limitations for users, which could restrict the complexity of the algorithms and back-testing users could perform without additional infrastructure.
• Portfolio Selection Process
  The selection process for having algorithms licenced for live trading allocation was competitive and not transparent to many users, which could lead to frustration.

Snowball Analytics features and specs

• Number of portfolios
  10
• Number of holdings
  Unlimited
• Automatic brokerage connection
• Stocks, Funds, Cryptocurrencies
• Dividend calendar
• Returns analytics
• IRR calculations
• Benchmarking
• Portfolio rebalancing
• Multiple currencies and stock exchnages
• Custom investments (real estate, deposits)
• Binance API support
• Top dividend stocks

Algorithmic Trading with Python and Quantopian p. 1

More videos:

Snowball Analytics overview