Explore two leading trading platforms that automate execution and enhance analysis, catering to traders of all experience levels.
Looking for a reliable trading automation solution? TradersPost and LuxAlgo address different needs. Here's a quick breakdown:
- TradersPost: Focuses on automating trade execution via direct broker integrations. Supports stocks, crypto, options, and futures. Pricing starts at $49/month.
- LuxAlgo: Provides hundreds of free indicators in the Library and exclusive toolkits on TradingView for technical analysis and strategy development. Plans: Free ($0), Premium ($39.99/mo), Ultimate ($59.99/mo, includes AI Backtesting).
Key Differences:
- TradersPost automates order placement with brokers, while LuxAlgo delivers technical analysis indicators and strategy building on TradingView that can connect to execution systems via webhooks (see alerts and AI Backtesting docs).
- TradersPost integrates across multiple brokers and asset classes, while LuxAlgo runs on TradingView with PAC, S&O, and OSC toolkits.
Quick Comparison Table:
Feature | TradersPost | LuxAlgo |
---|---|---|
Primary Function | Automated trade execution | Technical analysis indicators & toolkits |
User Base | 20,000+ traders | 150,000+ users worldwide |
Assets Supported | Stocks, Crypto, Options, Futures | Stocks, Crypto, Forex, Futures, Commodities |
Starting Price | $49/month | $39.99/month (Premium); $59.99/month (Ultimate) |
For beginners, TradersPost simplifies automation, while LuxAlgo equips users with in‑depth analysis tools. Advanced traders often combine both for a comprehensive setup.
TradersPost Review | Automated Trading Platform
1. TradersPost Overview
TradersPost reports managing a large volume of connected accounts and facilitating millions of trades. It allows users to develop and execute strategies without coding.
Core Platform Features
TradersPost uses a “bring your own broker” model, integrating with major brokerages but never holding user funds. It supports trading across stocks, crypto, options, and futures.
Integration Framework
TradersPost connects with brokers and platforms through its unified API:
Broker/Platform | Key Features | Supported Assets |
---|---|---|
TradingView | Strategy automation, backtesting | All supported assets |
TrendSpider | Technical analysis, automation | Stocks, Options |
TradeStation | Direct execution | Stocks, Futures |
Coinbase | Crypto trading | Digital assets |
Interactive Brokers | Multi‑asset trading | Stocks, Options, Futures |
Pricing Options
- Starter ($49/month): Basic automation tools
- Basic ($99/month): Enhanced strategy support
- Pro ($199/month): Advanced features + phone support
- Premium ($299/month): Full platform access + priority support
"Automated trading systems have historically been unavailable and very difficult to use for retail traders. I founded TradersPost to make it easier for retail traders to automate trading strategies using easy to use web based software."
— Jonathan H. Wage, Founder & CEO
2. LuxAlgo Overview
LuxAlgo provides hundreds of free indicators in the Library and three exclusive toolkits on TradingView—Price Action Concepts (PAC), Signals & Overlays (S&O), and Oscillator Matrix (OSC)—to support technical analysis and strategy development. With over 150,000 users, it serves traders of all experience levels.
Core Trading Toolkits
LuxAlgo offers three main toolkits on TradingView:
Toolkit | Features | Purpose |
---|---|---|
Price Action Concepts (PAC) | Automatic pattern detection, volumetric order blocks | Market structure analysis |
Signals & Overlays (S&O) | Multiple signal modes, overlay visuals (signal types) | Trend spotting |
Oscillator Matrix (OSC) | Real‑time divergence alerts, money‑flow tracking (overview) | Trend‑following signals |
Advanced Technical Features
The PAC Backtester refines entry/exit points with configurable rules. Combine with S&O Backtester and OSC Backtester for multi‑signal confluence. Explore forecasting and optimization to iterate quickly.
Platform Integration
LuxAlgo integrates exclusively with TradingView, ensuring smooth application of indicators and real‑time chart analysis. Users can save strategies on TradingView and connect to execution systems via webhooks or alerts (alerts guide). For AI‑assisted design and testing, see AI Backtesting (docs).
Pricing Structure
- Free ($0): Lifetime access to the Library of free indicators on 5+ platforms
- Premium ($39.99/month): S&O and OSC toolkits + screeners on TradingView
- Ultimate ($59.99/month): Includes AI Backtesting access + priority support
Trading Capabilities
- Stocks
- Forex
- Cryptocurrencies
- Futures
- Commodities
All content provided by LuxAlgo is for informational and educational purposes only. Past performance does not guarantee future results.
Direct Comparison
After diving into detailed reviews of TradersPost and LuxAlgo, let’s put them side by side to highlight their key differences. Both platforms serve algorithmic traders, but their focus and automation methods vary, shaping distinct user experiences.
Core Platform Differences
Feature Category | TradersPost | LuxAlgo |
---|---|---|
Primary Function | Automated trade execution | Technical analysis and strategy building |
User Base | Over 20,000 active traders | 150,000+ users worldwide |
Execution Model | Direct broker integration | Manual or webhook‑based execution (alerts/webhooks) |
Asset Coverage | Stocks, Crypto, Options, Futures | Stocks, Crypto, Forex, Futures, Commodities |
Pricing Structure Comparison
Feature | TradersPost | LuxAlgo |
---|---|---|
Trial Period | 7‑day free trial | Free tier with Library access |
Starting Price | $49/month | $39.99/month (Premium) · $59.99/month (Ultimate) |
Subscription | Monthly | Monthly or annual (discounted) |
User Experience & Support
Aspect | TradersPost | LuxAlgo |
---|---|---|
Community Features | Documentation & support | Active community channels |
Learning Resources | Platform tutorials | Comprehensive educational content (docs, blog) |
Technical Support | Standard support | Support across plans; priority for Ultimate |
Automation Tools | Built‑in bot builder | Custom alerts, scripting, webhook integration (guide) |
"Best platform for algorithmic trading. TradersPost takes the struggle out of having to code APIs to each broker and having consolidated subscriptions with extra rulesets based on the subscription preferences makes this top dog from all other platforms used."
- Jonathan Haggas, TradersPost Customer Review
Final Assessment
For Beginner Traders
TradersPost is an excellent starting point for beginners. Its user‑friendly design removes the need to work with APIs, making it easy to automate basic strategies. Alternatively, LuxAlgo’s Premium plan ($39.99/month) provides advanced indicators and oscillators on TradingView; execution remains manual or webhook‑based.
For Intermediate Traders
TradersPost simplifies automation for existing strategies on platforms like TradingView or TrendSpider. LuxAlgo’s Premium plan adds the S&O and OSC toolkits for more advanced analysis and alerts.
For Advanced Traders
Advanced traders can leverage TradersPost’s multi‑broker integrations for seamless execution alongside LuxAlgo’s Ultimate plan ($59.99/month) for AI Backtesting and priority support.
Platform Selection Guide
Choose TradersPost if you:
- Need direct integration with brokers
- Want to automate strategies from TradingView or TrendSpider
- Manage multiple accounts
- Trade across different asset types
Consider LuxAlgo if you:
- Focus on technical analysis
- Want access to educational resources
- Need advanced backtesting & webhook‑enabled strategies
References
- LuxAlgo — Official Site
- LuxAlgo — Pricing & Plans
- LuxAlgo — AI Backtesting Assistant
- AI Backtesting Assistant — Docs
- Price Action Concepts (PAC) — Intro
- PAC — Volumetric Order Blocks
- PAC — Market Structures
- Signals & Overlays (S&O) — Intro
- S&O — Signal Modes
- S&O — Alerts & Webhooks
- Oscillator Matrix (OSC) — Intro
- Backtester (PAC) — Intro
- Backtester (S&O) — Intro
- Backtester (OSC) — Intro
- Backtester (S&O) — Optimization
- TradersPost — Official Site
- TradingView
- TrendSpider
- TradeStation
- Coinbase
- Interactive Brokers