Trader Edge Review – Exploring the Features of This Tool
Introducing Trader Edge, the tool that completely turns the way you backtest your trading strategies. With TraderEdge, users can save up to 3X the time compared to traditional methods.
Users can streamline the backtesting process, saving time and money, and unlocking their full trading potential. Keep reading to find out if you should start using Trader Edge today and if you can experience the difference in your trading success.
General information | |
Name | Trader Edge |
Type of the company | Trading Tool |
Regulation status | No regulation expected |
Warnings from Financial Regulators | No official warnings |
Website link | https://www.traderedge.app/ |
Active since | 2021 |
Registered in | N/A |
Contact info | |
Trading platforms | Web trader |
Majority of clients are from | United States, Germany, United Kingdom |
Customer support | Email, web form |
Compensation fund | N/A |
About
Trader Edge offers more than just time-saving. It provides a feature to record and analyze all user’s trades. By keeping track of trades, users gain valuable insights into their strategies, helping them make informed decisions.
TraderEdge also offers a range of valuable features:
- detailed metrics for each backtest, including profit factor, average winning and losing trades, and an “EdgeScore” that evaluates the worth of your backtest
- can easily store and organize all backtesting data for future reference
- benefit from the built-in profit and loss calendar and trade journal, allowing users to track and analyze performance on a monthly and weekly basis
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User Feedback
Trader Edge app has been receiving positive reviews from websites reviewing their offerings, indicating that their software is beneficial for traders. However, Trader Edge reviews are hard to find since it’s a relatively new establishment, since the year 2021.
Regarding a negative user comment we found on a popular platform Reddit, one individual expressed frustration with Trader Edge’s refund policy. The user purchased an annual membership but stopped using the software.
They were charged unexpectedly and, despite requesting a refund shortly after, Trader Edge refused. The user perceives that the company is taking advantage of customers who forget to cancel subscriptions.
Nevertheless, clients need to understand their subscriptions and obligations, as forgetting to cancel does not entitle them to a refund. And while most reviews are positive, potential clients should be cautious and thoroughly research user feedback before committing to the platform.
In conclusion, while Trader Edge may offer valuable software, users should be aware of the refund policy and ensure they understand their subscription terms to avoid unexpected charges.
TraderEdge Features
In this part of the Trader Edge review, we’ll delve into the features that make this tool stand out.
Backtester
Trader Edge backtesting offers a new way for traders to analyze strategies and manage trades. With its intuitive interface and time-saving features, Trader Edge’s backtester simplifies recording trades and analyzing strategies.
Trader Edge’s software automatically generates data related to important metrics such as profit factor, and average winning and losing trades. Additionally, Trader Edge’s backtester provides live comments that offer insights on how traders can improve their strategies and what aspects they should focus on.
This feature seems like a fair solution for traders looking to streamline their backtesting process and improve their trading results.
Strategy Library
This is a tool that streamlines the way you store and manage your backtesting data. With a simple click of the “save” button, you can effortlessly preserve your backtesting results and access them whenever you need them.
The Strategy Library allows you to organize your backtests by category, color-code them, and assign meaningful names for easy reference. This organizational feature eliminates the hassle of sifting through files or struggling to remember which backtest belongs to which strategy.
Whether you’re an experienced trader or just starting, with the Strategy Library, it is easy to compare performance, identify trends, and refine your trading approach.
Pricing – Is It Profitable?
Trader Edge pricing plans are tailored to different trading needs and levels. The plans range from USD 11 to USD 34 per month, and they are billed annually.
Beginner Plan
USD 11 per month
- it includes 5 backtests per month, the ability to evaluate up to 500 trades, and access to features like the Profit & Journal Calendar and Forward Simulator
- $132 billed annually
Pro Plan
USD 19 per month
- it includes 10 backtests per month, analysis of up to 1000 trades, and the same features as the Beginner Plan
- $228 billed annually
Data Guru Plan
USD 34 per month
- it offers unlimited backtests and saves, allowing traders to explore strategies without limits. It also includes the Profit & Journal Calendar and Forward Simulator
- $408 billed annually
Traders can choose the plan that best suits their needs and trading ambitions. If you are seeking an AI trading tool, read all about it in our Botsfolio Review.
Create Account
To create an account on Trader Edge, users need to follow a few simple steps. Note that the platform states the Trader Edge sign up is free.
- Visit the Trader Edge website and locate the “Sign Up” or “Create Account” button
- Enter your email address and create a password for your account
- Provide any additional information required, such as your name or country of residence
- Click on the “Sign Up” or “Create Account” button to complete the registration process
- Check your email for a verification link or code and follow the instructions to verify your account
- Once your account is verified, TradeEdge login is fairly easy, using your email address and password
Please note that the exact steps may vary depending on whether the platform often changes the layout of the website.
Affiliate Program
As a content creator, users can use their unique Trader Edge affiliate program links to promote the platform’s software. When someone clicks on the user’s link and makes a purchase within 60 days, that user receives a 30% commission.
The platform also provides a 60-day conversion window, meaning that if a customer converts to a paying customer within 60 days of their Trader Edge free trial signup, the user receives the commission. Additionally, their branding kit makes it easy for users to promote Trader Edge effectively.
Conclusion
All in all, Trader Edge offers a set of tools designed to enhance trader’s success in the market. Despite some negative feedback, Trader Edge has received mostly positive reviews from multiple websites.
Overall, Trader Edge appears to be a valuable tool, with its intuitive interface and features, Trader Edge could be the key to unlocking trading success in the market. Yet, we always advise potential clients to get valid data before committing to any trading tool.
FAQ
What is Trader Edge?
Unique trading tool that enhances trading methods
Is Trader Edge Legit?
Yes, it offers tools and features to assist traders in optimizing their trading strategies, and it also received mostly positive reviews from websites reviewing its offerings
How to Trade Without Putting Down Capital?
Try using a demo account and practice with virtual funds