How is Spotalpha different?
Wondering what makes Spotalpha unique and why you should be using it? Then you have reached the right place.
Spotalpha is Investor focused and Broker neutral. Spotalpha’s focus is purely on maximizing returns and reducing risk for our clients (the investor) rather than on generating brokerage. We are committed to not having any conflict of interest with our clients. We choose to be Broker neutral and collect as little information from users as possible (only email ID) because :
- Tools and advice provided by stock brokers usually aims to get users to trade more or take high leverage (options trading, commodities) – eventually causing clients to incur huge losses.
- Several brokers sell their user’s order-flow data to HFT firms or involve in questionable practices in their own prop-trading accounts which are not regulated.
- Several brokers sell user’s personal information (including account balance) to marketing agencies.
Spotalpha is very powerful and yet easy to use. There are several other professional trading tools such as Metatrader, Amibroker, Ninjatrader, e.t.c. While they are all very powerful and flexible, these tools require sophisticated programming knowledge for even the most seasoned trader to generate returns. Further investors need to purchase and import their own data to make use of these tools. Spotalpha’s tools on the other hand are designed by algorithmic trading veterans with 20+ years of programming experience (of which more than 8 years was spent in developing trading algorithms). These algorithms used by Spotalpha are time tested and extremely popular with institutional Hedge Funds.
In short, Spotalpha is reliable, super easy to use and has no frills.