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tradier VS Backtrader

Compare tradier VS Backtrader and see what are their differences

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Contents:
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  2. » Videos
  3. » Reviews
  4. » Alternatives

tradier logo tradier

The first stock brokerage API company

Backtrader logo Backtrader

Backtrader is a complete and advanced python framework that is used for backtesting and trading.
  • tradier Landing page
    Landing page //
    2023-10-08
  • Backtrader Landing page
    Landing page //
    2021-09-30

tradier features and specs

  • Low Commissions
    Tradier offers competitive pricing with low commissions on trades, making it an attractive option for frequent traders.
  • API Access
    Tradier provides a robust API, allowing developers and algorithmic traders to integrate and automate their trading strategies easily.
  • Partner Network
    The platform has a wide network of partners, allowing users to access additional tools and resources for enhanced trading experiences.
  • Customizable Trading Platform
    Clients can choose from different trading platforms and customize their trading experience based on their needs and preferences.

Possible disadvantages of tradier

  • Limited Research Tools
    Tradier's platform offers fewer research tools and educational resources compared to some of its competitors, which may not suit beginners.
  • No Forex or Futures Trading
    The platform mainly supports stock and options trading, lacking the ability to trade forex or futures, limiting those looking for a wider range of assets.
  • Inactivity Fees
    Tradier can impose inactivity fees if certain conditions, like keeping a minimum balance or executing trades within a period, are not met.
  • Complex Pricing Model
    The pricing model can be complex and might confuse some users, especially those who are new to trading or brokerage services.

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.

tradier videos

+ Add

Tradier API - Stock and Option Trading with Python - First Impressions

More videos:

  • Review - Tradier Intro and Q&A

Backtrader videos

+ Add

Backtrader Python Review

More videos:

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

Category Popularity

0-100% (relative to tradier and Backtrader)

tradier

Backtrader

Finance
27 27%
Finance
73% 73
Investing
35 35%
Investing
65% 65
Development
0 0%
Development
100% 100
Trading
100 100%
Trading
0% 0

User comments

Share your experience with using tradier and Backtrader. For example, how are they different and which one is better?
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Social recommendations and mentions

Based on our record, tradier should be more popular than Backtrader. It has been mentiond 8 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.

tradier mentions (8)

  • Actually good APIs?
    Have you looked at Tradier? It has a rest API and can stream quotes and account activity. Source: over 2 years ago
  • Help with Trading Journal
    I can share some of my history from my trades with Tradier and their trades are cleared (handled) by apex clearing which should allow you to support a number of different brokers at the same time if you can handle their formatting. Source: almost 3 years ago
  • I created an open-source algotrading platform
    This example assumes you've read the README, cloned the repo, set the environment variables, and turned the system on. You will also need to get an API key from Tradier. Navigate to localhost:3000 and do the following to create a strategy. Source: about 3 years ago
  • Best Broker for algotrading a small account ?
    I use tradier.com to trade using api's. It is low cost and works well. Source: about 3 years ago
  • Experience is Expensive or some bullshit like that. True retard positions included.
    If you want extremely bare bones... Then check these guys out Https://tradier.com/. Source: almost 4 years ago
View more

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: over 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: over 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: almost 4 years ago

What are some alternatives?

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

Traiders.io - "Revolutionizing trading with AI-powered gamified strategies"ReintentarM

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.

Hotstoks - The stock market API powered by SQL.

Quantopian - Your algorithmic investing platform

TradeStation - Whether you trade stocks, ETFs, options or futures, TradeStation’s award-winning tools and...

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.

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