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FYERS Ties Up with Tradetron

In our ongoing efforts to make algo trading accessible to retail traders in India, we’re happy to announce that we’ve joined hands with TradeTron. We’ve synergized to help simplify the experience without having to code anything & also we’ve brought down the cost of algo trading to a large extent. The cost saving is in addition to our FYERS Trading API being completely free. 

What is Tradetron?

Tradetron.tech is a multi asset, multi-currency, multi exchange Algo Strategy Marketplace which allows people to create algo strategies using their state of the art, patent pending, web based strategy builder.  It allows every kind of trader or investor to build algo strategies without coding to create conditions and positions which form the building blocks of an algo strategy. Once created, the same can be listed on the marketplace where people can access them and configure the strategy to place trades in your own FYERS account.

Tradetron offering & services for FYERS Clients

We collaborated with Tradetron to offer comprehensive solutions in line with your Algo/systematic trading requirement. Tradetron offers the privilege of getting all your strategy ideas algo enabled within hours, if not minutes. You can deploy them in your FYERS trading account comfortably without any hassles of coding, data management, API management, Position management etc.

Trade notifications via SMS/Whatsapp/Email/Phone Call allows you to trade your strategies with little to no intervention. You can set an inbuilt risk management, position sizing and profit taking rules that can eradicate unnecessary manual intervention wherever possible. For those of you who don’t have the time or patience to track markets all day and make multiple entry/exit trading decisions, this platform will surely solve the problem

Tradetron exclusive features at your disposal – 

  • Trading Engine 
  • Strategy Building Wizard
  • Social Trading
  • Backtesting Engine
  • Backtesting reporting module
  • Position Builder
  • Multiple Execution types

To know more about the features – click here.

TradeTron’s Pricing & Special offer by FYERS

The regular retail pricing is just ₹1,000 per month which would fulfill the basic requirements of most retail algo traders. It gives you a great bang for the buck as you can create any number of trading strategies, check for conditions every minute and can deploy upto 5 strategies on NSE & MCX. You can also perform 10 backtests per month. Get a 25% discount by subscribing to this plan through us. This will be applicable for the duration of the subscription period. So for instance, if you have subscribed for 6 months, you will save ₹1,500 (₹250 per month). Effectively, subscription cost will be ₹750 per month if you subscribe to TradeTron through FYERS.

For power users and Portfolio managers, the plan begins from ₹5000 per month. This plan is only useful if you want to make your strategies available on the marketplace and/or if you are a heavy user. You can think about this if and when you require it at a later date. Get a 25% discount by subscribing to this plan through us. This will be applicable for the duration of the subscription period. For instance, if you have subscribed for 6 months, you will save ₹7,500 (₹1,250 per month). Effectively, subscription cost will be ₹3,750 per month if you subscribe to this plan of TradeTron through FYERS.

How it works

After you have subscribed to TradeTron through us, we will credit 25% of the subscription amount to your account on or before 10th of every successive month. For instance, if you subscribe on 5th June 2020, the 25% refund will be credited to your account on or before 10th July 2020. Please note that this subscription offer by FYERS is only available for those who have not yet subscribed to TradeTron.

How to sign up for TradeTron through FYERS? 

  1. To get a 25% discount from us, you are required to sign up here.
  2. Deploy any intraday strategy in paper trading and see how it works. If you like it, you can create a FYERS API App and link Tradetron with it (see instructions here – www.tradetron.tech/html-view/configure-fyers) and go live on the same strategy or then create your own strategy and go live with that.
  3. Tradetron provides training every Friday to get you acquainted on the strategy creation process  – Sign up here for a free weekly webinar or then send them a request to create your strategy by filling in this questionnaire.tradetron.tech.
  4. Refer these FAQs to solve your doubts or contact Tradetron at support@tradetron.tech 

Overall, this is a unique opportunity for you to get started on your algo trading journey without getting stuck up with technical complications you may frequently encounter if you are not familiar with coding and integrations. FYERS & TradeTron is a very simple plug & play solution. We hope that it adds value to you in more ways than one. 

Happy Trading!

Tejas Khoday

Tejas Khoday

Tejas is the Co-Founder & CEO at FYERS, the youngest team to get NSE’s broker license. He has a specialization in finance and has over 10 years of work experience spanning across proprietary trading, risk management, and broking. Tejas & his team started FYERS, a technology-focused brokerage as a mission to transform the trading/investment landscape in India.

21 Comments

  • Avatar Bala says:

    Hi sir , thanks for bringing technology for retail traders.Sir in tradetron order book having only mis and CNC .BO possible from tradetron platform.

    • Tejas Khoday Tejas Khoday says:

      Hey Bala, Thanks. Please contact TradeTron. I have given their contact information in the blog.

  • Avatar Hiren says:

    This is lovely. I have two queries on this. Request you to clarify.

    1. Fyers API is what I believe connects Fyers Web and Tradetron. I also read that this is free (hopefully in future also will remain like that). Please confirm.

    2. All the brokers who give such algo trading dont provide the “live auto” option, only the “live offline” wherein we have to go and push the button everytime we get a popup as they say that its not permitted by regulations to have the auto option. Are you sure its permitted with Fyers ?

    Thanks for your reply.

    • Tejas Khoday Tejas Khoday says:

      Hi Hiren

      Glad you like it.
      1. FYERS Trading API is free. We intend to keep it free but cannot guarantee it due to the changing dynamics of business. We are certainly in favor of doing our best for the algo traders.

      2. We have given you the API. How you use the API is up to you. On all FYERS platforms, you will have to push the button. Since you have the API, you can configure it according to your preferences as long as it suits your needs.

  • Avatar G Sondhi says:

    Algo trading seems to be a priority in fyers. but mobile app is being delayed. Pls do that first..

  • Avatar Nithin says:

    Proud to be a Fyers Client.. I tried API Bridge and it is good for TradingView and other such platforms. This one is unique for basic traders.. Thanks for making new things available to traders Tejas.

    • Tejas Khoday Tejas Khoday says:

      Hi Nithin, Thanks. API Bridge is very useful for those who like to use existing platforms to create trading strategies and simplify the integration. TradeTron is more like an all in one platform. At least that’s the direction Umesh is going in from my understanding.

  • Avatar ANoNyMousTrAdeR says:

    You are spoiling the market by giving everything for free and discounted price everytime. Finally nobody is benefitted. You should live and let live instead of always reducing cost.. Finally when you will lose money, customer will not give you any subsidy right. Fyers, Zerodha all same blood. Tryhing to kill competition and they themself don’t want to make money. When discount brokerage rate will ocme down that time they will realize and pay the price for giving everything for low cost.. finally only profitability counts.

    • Tejas Khoday Tejas Khoday says:

      Hi Anonymous Trader, It is incorrect to say that nobody has benefitted. Users of TradeTron and our clients will certainly benefit from this move. AlgoTrading has always been an expensive affair for retail traders. Now that we are reducing the entry barriers, you’re complaining stating that we are reducing the barriers way too much. This doesn’t make any sense. It’s not about killing competition. We are not in an industry that can kill anyone or monopolize services. yes, finally profitability counts as you mentioned. Whose profitability? I hope you meant the clients’ profitability. As a brokerage we are sustainable.

      Thanks.

  • Avatar Chethan Shah says:

    Does Trade Tron have a mobile app

  • Avatar Bharath says:

    Kya FYERS ne TradeTron mein invest kiya hai? Kya is platform ka Marwadi Securities ke saath tie up ho saktha hai..

  • Avatar Hemanth says:

    Umesh Good work boss!

  • Avatar Rahul91 says:

    I am one of the initial customers of TradeTron. Indeed they are the first one to make algo trading simple. I had used Fyers API itself.. I was wondering why you didn’t write this blog earlier. It’s great that the 2 innovative players in market united in a good way.. Best wishes.

  • Avatar Shivakumar B M says:

    FYERS always ahead of giving advanced Technological services to their valuable customers…!!! Keep it up Khoday Sir…!!!

  • Avatar Neeraj says:

    Fyers strikes again… I had heard of TradeTron before through a friend who attended some Algo summit. Good going! I find api bridge good but time consuming to configure.

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