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Tradetron vs Streak – Which is a Better Algorithmic Trading Platform?

SaaS based algorithmic trading space is witnessing tough competition with numerous innovative solutions offered by different vendors. However, the two platforms that stand out among others are Tradetron and Streak. In this article, we aim to provide a detailed comparison of the two under various aspects that would probably interest the investors venturing into algo trading. Please read on to learn more about Tradetron vs Streak.

Tradetron vs Streak

Tradetron Overview

Tradetron is a pioneer in the automated algorithmic trading space in India. It offers a no-code/low-code solution to develop, backtest and deploy your trading strategies through a web-based interface. The strategies can be fully automated to run on 50+ brokers across India and US.

Tradetron

Image Reference: https://profitmart.in/tradetron-trading/

Furthermore, Tradetron offers a strategy marketplace where you can subscribe to the profitable strategies developed by other fellow traders. All these can be done with just a few clicks and no hassles.

Read our detailed review of Tradetron at this link.

Websitehttps://www.tradetron.tech/

Type: Web-based

Cost: Starts with a free plan with only paper-trading mode, auto trade plans start at INR 300 for Indian exchanges and $50 for US exchanges. You can check the latest pricing details at this link.

Unique Selling Point (USP):  Robust technology, strategy creator and backtestor, strategy marketplace, API integrations, Multi exchange, and country support

Programming Languages supported: Inbuilt language for strategy creation, also can be integrated with Python, AFL, or MQL based strategies

How to Get Started?  Check out this page from their official website which contains some demo videos about the platform and strategy creation steps.

Features:5 out of 5 stars (5.0 / 5)
Ease of Use:4 out of 5 stars (4.0 / 5)
Execution Speed:4 out of 5 stars (4.0 / 5)
Support:5 out of 5 stars (5.0 / 5)
Value for Money:5 out of 5 stars (5.0 / 5)

Click on this link to open an account with Tradetron.

Streak Overview

Streak, popularly known as Zerodha Streak, as it started with Zerodha’s broker platform, is also a web-based algorithmic trading solution known for its simplicity.

Streak

Image Reference: https://www.streak.tech/

Using Streak, you can create and deploy the technical analysis based strategies, you can also backtest these strategies on historical data to validate its accuracy. Apart from strategies, you can create custom scanners to tap profitable trading opportunities.

Check out our detailed review of Streak along with other automated trading platforms at this link.

Websitehttps://www.streak.tech/

Type: Web-based

Cost: Starts with INR 690 per month, 7 Days free trial for first-time users. Check the latest pricing here.

Unique Selling Point (USP):  User-friendly interface, Scanner feature, Low cost

Programming Languages supported: Inbuilt language for strategy creation

How to Get Started? Visit their Help portal to start learning more about Streak.

Features:3 out of 5 stars (3.0 / 5)
Ease of Use:5 out of 5 stars (5.0 / 5)
Execution Speed:5 out of 5 stars (5.0 / 5)
Support:4 out of 5 stars (4.0 / 5)
Value for Money:4 out of 5 stars (4.0 / 5)

Tradetron vs Streak – How do they compare against each other?

Let’s find out how these two robust platforms compare against each other. We’ve compared them against some of the important features which are possible and not possible in each of them:

Things you can do in Tradetron but not in Streak

  1. Fully automated trading with 50+ brokers
  2. Strategy creation using 100+ keywords and option greeks
  3. Specify price execution logic like bid-ask average, market, limit, etc
  4. Strategy re-activation on exit
  5. Rollover on expiry
  6. List your strategy for subscription on their marketplace
  7. Trade in international markets as well as cryptocurrencies
  8. API to connect from other platforms

Things you can do in Streak but not in Tradetron

  1. Create a Scanner using technical indicators
  2. Blazing fast backtesting of strategies
  3. Up to 300 backtests per day even on the starter plan
  4. Better technical support
  5. Less error-prone (as there is no automation)

Verdict

Based on the above “Things you can Do”, it’s clear that Tradetron offers better features over Streak. And it has a pricing advantage as well.

So clearly, Tradetron wins over Streak on most of the aspects. Missing scanner and slow backtesting are a few of the cons of the Tradetron platform which we believe should be addressed soon.

I hope this comparison of Tradtron vs Streak helps you in making an informed decision.

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2 Comments

  1. Very good article. One point that is missing is customer support. I haven’t tested Streak so can’t comment but I use Tradetron and customer support needs a lot of improvement. Consider Tradetron as Do It Yourself.

    • Hi Vivek,

      I totally agree, but they are improving in that aspect constantly

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