Pro plan: $99/month (annual billing) or $149/month (monthly billing). Free plans available with qualifying accounts on TradeStation ($10k minimum balance), Tradier ($5k minimum balance), or tastytrade ($5k minimum balance). All plans include 50 bots, $100k limit per bot, and unlimited backtesting. 3
Key features
Multi-market support for crypto, forex, stocks, indices and commodities
Calculates position size from account risk and stop distance
Returns results in market-specific units: lots, shares, contracts or crypto quantity
Shows max loss, position value, stop price and margin before order placement
Fast input workflow for entry, stop, risk and leverage
Risk Reward Calculator tool
Trading Strategy Simulator tool
Consistent workflow across different market mechanics
Automated bot execution with entry and exit rules
Trade Ideas ranked by expected value (EV)
Paper trading for risk-free strategy testing
SmartPricing technology for optimized trade pricing
Support for multiple automations per bot
What makes it different
Built as a mobile trading tool, not a web calculator, for daily repeat use
No spreadsheets, browser tabs or ads required
Live price integration and custom price entry
Educational content explaining position sizing logic
Removes emotion from trading through automated strategy execution
Commission-free trading through broker partnerships
Supports international traders across 120+ countries
Not a broker or RIA, only a software service provider with no commission charges
Option Alpha