Composer

What is it?

Composer.trade is an innovative automated trading platform designed to cater to both seasoned traders and beginners. It simplifies the trading experience by enabling the creation of intricate trading algorithms without the need for coding.

Key Features of Composer

  • AI-Powered Strategy Creation: Composer utilizes AI to help users articulate their investment goals, strategies, and risk concerns, crafting tailored trading strategies accordingly.

  • Automated Trading Execution: The platform can autonomously handle the execution of your trading strategies, including trades and portfolio rebalancing, without requiring manual intervention.

  • Diverse Pre-Built Strategies: Composer provides a variety of pre-built strategies across different investment categories, catering to various investment styles and goals.

  • Community Engagement: Users can engage with a vibrant community of traders on the platform, sharing strategies and gaining insights from others.

  • Transparent Pricing: Composer operates on a monthly subscription model, eliminating commission fees and management costs.

  • Customization: Every strategy on Composer is fully customizable, allowing users to adjust assets, logic, and parameters.

  • Robust Backtesting: Users can backtest their strategies against historical data to ensure they are well-informed before implementation.

User Experience and Accessibility

  • User-Friendly Interface: Composer's platform is known for its user-friendliness, making it accessible even to those new to trading.

  • Community Support: The platform has built a community where users can share strategies and directly connect with the development team, enhancing the user experience.

  • Educational Resources: Composer provides educational articles and tutorials, enhancing users' understanding of professional investment strategies and tools.

Portfolio Tracking and Strategy Options

  • Real-Time Portfolio Tracking: Users can monitor the performance of their portfolios in real time and make adjustments as needed.

  • Variety of Strategies: Composer offers a range of ready-made strategies, such as sector-specific strategies, strategies for long-term investment, and strategies mimicking the trading styles of legendary investors like Ray Dalio or Warren Buffett.

  • Custom Symphony Creation: Users have the option to create custom strategies that automatically trade based on market data.

Platform Differentiators

  • No-Code Backtesting Tools: Composer stands out with its no-code backtesting tools, ideal for swing traders and active investors who want to evaluate and optimize their trading strategies.

  • Pre-Made Strategies: The platform offers a selection of pre-made strategies, which users can modify to suit their needs.

Customer Support and Community Interaction

Composer.trade has garnered positive feedback from its user base, with many appreciating its ability to democratize access to automated trading strategies. Users have noted the platform's ease of use and the empowering nature of its community, where strategies can be shared and discussed. This community aspect is a standout feature, fostering a collaborative strategy development and sharing environment.

Customer Support

Composer.trade offers customer support primarily through email and a presence on Twitter and LinkedIn for additional engagement. While it doesn't provide phone or live chat options, the platform maintains an active community on Slack, allowing for direct interaction with the development team and other users.

Trading Execution and Data

Composer.trade executes trades through Alpaca, an online brokerage platform. It supports the trading of stocks and cryptocurrencies available on Alpaca, with execution occurring in batches between 3 pm and 4 pm each trading day. Composer uses end-of-day (EOD) data for backtesting, but trade execution is based on market data available during the execution window.

Pricing

Composer.trade operates on a free-to-use model during its Open Beta phase. The platform's integration with Alpaca and its focus on a subscription-based model without hidden fees emphasize transparency in pricing.

Composer.trade is viewed as a revolutionary platform in the automated trading domain, blending AI technology with user-centric design to offer an unparalleled trading experience. It's particularly suitable for swing traders and active investors, providing robust strategy evaluation and optimization tools. The platform’s unique features, like AI-powered strategy creation and a no-code editor, make it an attractive choice for traders seeking to elevate their trading journey.