Trading algorithms

Composer Trade ✓

Customizable prebuilt strategies for trading.

Source rating 2.8 (11) 14k views 170 saves Freemium
More categories (2)

Free + from $24/mo

Verdict

A quick read before you dig into the full page.

Best if
You are individual investors and need: Building and automating custom investment strategies
Skip if
Limited historical data
Pick this when
Customizable prebuilt trading strategies

Considering TradingScript.AI instead? Compare side by side

Overview

Composer is an automated trading platform and investment app that enables users to build trading algorithms with AI, backtest them, and execute trades all in one platform.

It requires no coding skills, and its AI-assisted editor allows users to explain their goals, strategy, and risk concerns in natural language. The app then creates the strategy for them.

Composer executes the trading strategy, making trades and rebalancing assets automatically, so users can invest based on data and market movements instead of sensationalized emotions and tweets.Users can discover pre-built strategies across different categories and invest in them directly or make changes and submit their own strategies to the community.

Composer is the brokerage, fully automating trading execution, end-to-end, and allowing users to fund their accounts in the app. There are zero commissions and zero management fees, and transparent pricing is available through the app.Every strategy on Composer is fully customizable and editable.

Users can swap out assets, adjust programmatic logic, and tweak parameters using the no-code, visual editor. The app also provides an impressive backtesting feature that allows users to learn and adapt based on their performance and make improvements.

Composition provides fees, slippage, and final value calculations, and users can share their strategies with others and test them.

Composer Trade website

Best for

Short scenarios where Composer Trade tends to shine.

  • Building and automating custom investment strategies

    Best for Individual investors

  • Backtesting strategies to evaluate performance

    Best for Financial advisors

  • Investing in pre-built strategies

    Best for Quantitative traders

  • Managing retirement accounts with automated trading

    Best for Retirement savers

  • Trading cryptocurrencies with automated strategies

    Best for Business entities

  • Creating and sharing strategies with the community

    Best for Fund managers

Example outputs 1

Sample generations and before/after results for Composer Trade.

Access & connections

Where you can use Composer Trade, and what it plugs into.

Platforms

Web

Integrations

Capabilities

What this tool accepts, produces, and is strongest at.

Supported features

  • Stocks & Investing

Pros & cons

Pros

  • Customizable prebuilt trading strategies
  • No coding skills required
  • Natural language input
  • Automated trading execution
  • Direct investing in strategies
  • Editable strategies
  • Asset swapping option
  • Adjustable programmatic logic
Show 22 more
  • Parameter tweaking
  • Advance backtesting feature
  • Shareable strategies
  • Transparent pricing
  • Zero commissions
  • Zero management fees
  • Account funding within app
  • Handling end-to-end operations
  • Automated rebalancing of assets
  • Creates strategy based on user goals
  • Dynamic asset selection feature
  • Total slippage calculation
  • Allows various conditionals
  • Handles investment based on market movement
  • Submission of own strategies to community
  • Data-driven trading decision support
  • Ability to adjust weights
  • Fees and final value calculations
  • Allows fine-tuning strategies
  • Compare strategy to benchmarks
  • Historical allocation graph
  • Strategy performance metrics

Cons

  • Requires Internet connection
  • Limited asset options
  • No multilingual support
  • Cannot trade futures/options
  • Limited historical data
  • No two-factor authentication
  • No offline mode
  • Transparent pricing not clear

Compare alternatives

Similar tools in the catalog — with a clear reason to open each one.

People also view

Tools that often show up alongside Composer Trade in collections and comparisons.

Releases 1

Initial release June 12, 2023 Current
Initial release of Composer Trade.

FAQ 12

What is Composer Trade?
Composer Trade is an automated trading platform and investment app. It advances user-friendly investing through the facilitation of AI-assisted building of trading algorithms that can undergo backtests and carry out trades on a single platform. The platform requires no coding skills and offers efficient automation of trade executions with the convenience of in-app account funding. By offering zero commissions and management fees, it provides cost-effective trading solutions.
How does Composer Trade's algorithm work?
Composer Trade's algorithm is designed to autonomously build trading strategies based on user input. Users express their investment goals, strategy, and risk concerns in natural language, and the AI-assisted editor addresses these to form the strategy. The user can then perform real-time trading based on the AI-generated strategy.
What are prebuilt strategies in Composer Trade and how customizable are they?
Composer Trade provides pre-built strategies across different categories allowing users to directly invest in them. These strategies are fully customizable wherein users can modify assets, adjust logic, and tweak parameters using the no-code, visual editor. This enables users to mold pre-built strategies according to their investment objectives or create entirely new ones.
How does the AI-assisted editor in Composer Trade function?
Composer Trade's AI-assisted editor functions by parsing user input in natural language. The user articulates their goals, strategy, and risk concerns, and the AI-assisted editor translates this into a specific trading strategy. The process is automatic and requires no coding skills on the user's part.
What kind of trading and investing does Composer Trade support?
Composer Trade supports algorithmic trading and strategic investing. Users can create and implement their own trading algorithms, backtest them, and adjust them in real-time. The platform caters to both real-time execution and long-term investing strategies.
How does Composer Trade handle strategy execution?
Composer Trade automates strategy execution by carrying out trades and rebalancing assets in line with the strategy. The platform assesses market movements and adapts the approach accordingly, eliminating the need for manual interference, and ensuring precision and time-efficiency.
What is the community feature in Composer Trade?
Composer Trade's community feature allows users to discover trading strategies crafted by other users. It makes for a collaborative environment where users can directly invest in these strategies or make changes according to their unique preferences. Users can also share their own strategies with the community.
How does Composer Trade manage fees and commissions?
Composer Trade operates on a zero commission and zero management fee policy. It ensures financial transparency by displaying its pricing through the app. Unlike traditional platforms charging per transaction or as a percent of assets managed, Composer Trade provides simple, predictable pricing with its monthly subscriptions.
How can I backtest my trading strategies with Composer Trade?
Composer Trade offers a backtesting feature that allows users to examine and compare the performance of their strategies with benchmarks or other strategies. This tool helps users learn from their past performance and adapt their tactics for future trades with the aim of optimizing strategies.
How does Composer Trade's asset rebalancing work?
Composer Trade executes strategy-based trades and conducts automatic asset rebalancing. The platform assesses the current composition of the portfolio vis-à-vis predetermined strategy and makes necessary adjustments by selling overrepresented assets and purchasing underrepresented ones. This maintains the balance of portfolio in alignment with the user's strategy.
What are the specifics of Composer Trade's transparent pricing?
Composer Trade offers transparent pricing through a simple fixed monthly subscription. Optimal for users who trade frequently, the platform has zero commissions on trades and zero management fees. Exact pricing details are available in the app.
Do I need coding skills to use Composer Trade?
No, you do not need any coding skills to use Composer Trade. The platform's AI-assisted editor enables users to create efficient trading strategies using natural language, and implements trades automatically based on these strategies.
Composer Trade Free + from $24/mo