Traders have to deal with complex information and condense it to create a winning strategy once the market opens. Of course, an exit strategy is also necessary for losses. Artificial intelligence (AI) is now a companion for many traders to manage risk and get more profits. What, then, would be the best AI trading app for you? Here are our top picks!
1. Trendspider
One highly recommended AI trading app is Trendspider. Many traders rave about the charting platform and its state-of-the-art analysis. But what else does Trendspider have to offer?
Strategy Development
Their no-code strategy development feature allows you to make, backtest, and enhance your strategies in a few clicks. Their analysis and reporting tools are complete with metrics to give you behavioral metrics and your odds with your strategy. Plus, input your entry and exit strategies to know what to expect when it’s live.
Scanning, Charting, and Analysis Tools
Find strategies in one go and open up to six scanners at once. You don’t have to stay home to trade. You can be on the go with their app. In addition, get access to charts, checklists, multi-symbol views, and more.
Trade Timing Tools
Set up alerts, integrate them into tools like Slack, Discord, and IFTTT, and connect those apps with your broker. Finally, if you love a strategy, turn it into a bot and let it work its magic when the market opens.
Available to download in Google Play and the App Store.
Pricing:
Essential – $39/mo
Elite – $79/mo
Elite Plus – $179/mo
2. Jaaims
Another trading app to test is Jaaims. The Australia-based AI trading and investing app will give you real-time data about stocks. Plus, you can minimize and manage risk anytime. In addition, you can customize data based on your strategies. Their AI also runs 24/7, so you don’t have to research or analyze manually, and you won’t lose sleep.
Available to download in Google Play and the App Store.
Pricing:
Freemium
Standard – $99/mo
Professional – $199/mo
3. Capitalise.AI
Automate trading with Capitalise.AI. With Capitalise.AI, you get access to data and simulate trading strategies before the market opens. And don’t miss out on any updates by turning on your notifications. Plus, if you don’t have a strategy or need to change it, they have a Strategies Library with examples and scenarios to get you started.
Automate these strategies on Capitalise.AI:
Dollar Cost Averaging
Trailing Stop Loss
Trade the News
Set Trades Size in USD
Dynamic Entry Price
Take-Profit and Stop-Loss
Assets Correlation
Correlation to Index
ATR Indicator
MACD Cross
Buy One Sell One Around the Pivot
Buy At Drop Below the Bollinger
Simple MA Cross Over
Reverse SRSI Cross Under RSI
Pricing: Get a Demo
Available to download in Google Play and the App Store.
4. Trade Ideas
Although founded in 2003, Trade Ideas innovated to meet the new trends and keep up with competitors through AI. What makes Trade Ideas one of the best in the market?
For one, they have a robo-advisement feature. This feature provides users insight into the next market open by trading scenarios. Another amazing feature is one-click trading by clicking and dragging. Plus, their AI will inform traders about entry and exit signals. Other than those, here are its other features:
If your focus is on day and swing trading, the AI trading app by Tickeron is ideal for you! With Tickeron, AI Robots can help you create winning strategies and decisions to help you become a better trader. They also use AI Robots for virtual accounts to ensure your funds are accurate. Plus, with their Trend Predictions, you’ll get up-to-date trends on the market to give you a leg up from the other traders.
Available to download in Google Play and the App Store.
Pricing:
Free
Intermediate One – $90/mo
Intermediate Two – $180/mo
6. Stoic AI
If you’re a crypto trader, Stoic AI should be on your radar. They use three strategies on this AI trading app:
Fixed income – market-neutral; low risk and modest yield
Meta – market-neutral – moderate risk and strong yield
Long only – long-term portfolio strategy – moderate risk and high upside potential
It’s easy to get started with Stoic AI. But you need a Binance account to access the app. When you complete registration, you can choose among their pricing plans and start trading without a hitch.
Available to download in Google Play and the App Store.
Pricing:
Starter (portfolio: $1k to $3.5k) – $9/mo
Plus (portfolio: $3.5k to $10k) – $25/mo
Pro (portfolio: $10k) – 5% in crypto
7. Cryptohopper
If you’re new to crypto trading or a pro at it, you should consider Cryptohopper. It has comprehensive features, all thanks to their amazing bot working 24/7. The bot will ensure that you maximize your profits and minimize risk with its features. Plus, you get access to their marketplace to browse for strategies, templates, and crypto signals. Here are its primary features:
Automatic and social trading
Copy bots
Trailing orders
Dollar cost averaging
Paper trading
Backtesting
Strategy designer
AI trading
Trading terminal
Exchanges
Tournaments
Available to download in Google Play and the App Store.
Pricing:
Free
Explorer – $19.00/mo
Adventurer – $49.00/mo
Hero – $99.00/mo
8. CryptoHero
Dubbed as the highly-rated crypto trading bot app, CryptoHero ensures that all your trading needs are met in one app. Like other apps here, you can create, backtest, and run your bot in a few clicks and minutes. Plus, you can execute a long and short strategy. Additionally, you can also do the following:
Trade Spot and Futures markets
Dollar Cost Averaging
Low-risk arbitrage
Available to download in Google Play and the App Store. They also have a web version.
Pricing:
Free
Premium – $13.99/mo
Professional – $29.99/mo
Final Thoughts
AI seems like a good fit in the finance industry, particularly in trading and investing. It makes it easy for traders, banks, and other retail entities to get updates about the market. Plus, AI optimizes traders’ strategies to ensure a high profit and less risk.