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 three exclusive toolkits on TradingView for technical analysis and strategy development. Plans start at $24.99/month.

Key Differences:

• TradersPost automates order placement with brokers, while LuxAlgo delivers technical analysis indicators and strategy building that can be connected to execution systems via webhooks.
• TradersPost integrates across multiple brokers and asset classes, while LuxAlgo runs exclusively on TradingView.

Quick Comparison Table:

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 currently manages $100 M in connected accounts and has facilitated over 10 million 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, with forex coming in 2025.

Integration Framework

TradersPost connects with brokers and platforms through its unified API:

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, Signals & Overlays, and Oscillator Matrix—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:

Advanced Technical Features

The PAC Backtester refines entry and exit points with customizable settings. The Anchored Gaussian Process Regression indicator uses GPR technology to estimate trends and project future price movement.

Platform Integration

LuxAlgo integrates exclusively with TradingView, ensuring smooth application of indicators and real-time chart analysis. Users can save fully backtested strategies directly on TradingView and connect them to automated execution systems via webhook URLs.

Pricing Structure

• Free ($0 for life): Access to the Library of free indicators on 5+ charting platforms
• Essential ($24.99/month): PAC toolkit + PAC Screener on TradingView
• Premium ($39.99/month): S&O and OSC toolkits + screeners
• Ultimate ($59.99/month): AI Backtesting Assistant 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

Pricing Structure Comparison

User Experience & Support

"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 Essential plan ($24.99/month) provides key analysis toolkits, though 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 ($39.99/month) adds the Signals & Overlays and Oscillator Matrix toolkits for more advanced analysis.

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 Assistant 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

• TradingView — charting platform
• LuxAlgo AI Backtesting Assistant
• Price Action Concepts Documentation
• Investopedia — Trading Basics