Software Alternatives, Accelerators & Startups

Quantreex VS QuantConnect

Compare Quantreex VS QuantConnect and see what are their differences

Quantreex logo Quantreex

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

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.
  • Quantreex Landing page
    Landing page //
    2021-10-21
  • QuantConnect Landing page
    Landing page //
    2023-10-15

Quantreex features and specs

  • User-Friendly Interface
    Quantreex offers a simple and intuitive interface that simplifies the process of building and backtesting trading strategies without needing programming skills.
  • Strategy Marketplace
    Users can access a marketplace of pre-made strategies, allowing them to adopt successful models or use them as a basis for further customization.
  • Cloud-Based Platform
    As a cloud-based service, Quantreex allows users to access their trading strategies and data from anywhere, enhancing flexibility and convenience.
  • Automated Trading
    Quantreex supports fully automated trading, enabling users to execute strategies autonomously with minimal manual intervention.

Possible disadvantages of Quantreex

  • Subscription Cost
    The platform requires a subscription fee, which may be a barrier for traders who are just starting or have limited budgets.
  • Limited Broker Integration
    Currently, Quantreex may have limited integration with brokerages, restricting options for users who prefer specific brokers.
  • Learning Curve
    Despite its user-friendly design, new users may still face a learning curve when tailoring strategies to meet their specific needs.
  • Dependent on Internet Connection
    Being a cloud-based service, uninterrupted access requires a stable internet connection, which can be a disadvantage in areas with poor connectivity.

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.

Quantreex videos

Quantreex - Trailer

QuantConnect videos

Difference between Quantopian Quantiacs Quantconnect

More videos:

  • Review - Step by Step Algorithmic Trading Guide with QuantConnect

Category Popularity

0-100% (relative to Quantreex and QuantConnect)
Finance
43 43%
57% 57
Tool
52 52%
48% 48
Development
47 47%
53% 53
Investing
38 38%
62% 62

User comments

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Reviews

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

Quantreex Reviews

We have no reviews of Quantreex yet.
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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 seems to be more popular. 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.

Quantreex mentions (0)

We have not tracked any mentions of Quantreex yet. Tracking of Quantreex recommendations started around Mar 2021.

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
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What are some alternatives?

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

Quantopian - Your algorithmic investing platform

quantra - A public API for quantitative finance made with Quantlib

CloudQuant - Crowd based algorithmic trading development and backtesing for stock market trading.

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

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.

MetaTrader5 - World-leading multi-asset platform that allows trading Forex, Stocks, Futures and CFDs.