Software Alternatives, Accelerators & Startups

Quantreex VS Quantopian

Compare Quantreex VS Quantopian and see what are their differences

Quantreex logo Quantreex

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

Quantopian logo Quantopian

Your algorithmic investing platform
  • Quantreex Landing page
    Landing page //
    2021-10-21
  • Quantopian Landing page
    Landing page //
    2023-07-27

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.

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.

Quantreex videos

Quantreex - Trailer

Quantopian videos

Algorithmic Trading with Python and Quantopian p. 1

More videos:

  • Review - Quantopian, simple strategies

Category Popularity

0-100% (relative to Quantreex and Quantopian)
Finance
42 42%
58% 58
Tool
40 40%
60% 60
Development
43 43%
57% 57
Investing
43 43%
57% 57

User comments

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

What are some alternatives?

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

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.

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

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

Intrinio - Intrinio is a trading platform, providing professionals with the best in class financial market data API and other tools.

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.

Gekko Plus - A tool that helps you invest smarter