AutoTrader

• Datafeed: You can use AutoTrader provided datafeed which doesn’t have any additional cost. You can use datafeed from any other vendor as well & the costs depend on the vendor.
• AmiBroker/MetaTrader: Free trials of both these software are sufficient for Automated Trading. Free trails of these software come with no Expiry date.
• Broker’s API: AutoTrader does NOT use APIs from any broker, so you DO NOT need them.

In simple terms, there are no additional costs except AutoTrader license.

AutoTrader does support trading across multiple client accounts, but the features are limited. Users can only place automatic orders as of now, but they cannot read portfolio status.

Many users requested us this feature and we have built a completely new product AutoTrader Web, which is a perfect product for multi-account trading.

Another way to trade in multiple accounts is using a (NOW/NEST) dealer terminal. A dealer terminal supports multiple accounts, but you would need get a dealer terminal from your broker and need to map all clients under your dealer id. AutoTrader supports multi-accounts trading using this approach.

AutoTrader does not run strategies by it’s own. So you need some software that can run your strategy. Here are some of the examples:

• Charting software (AmiBroker, MetaTrader, NinjaTrader etc.)
• Microsoft Excel or Access (Using macros VBA)
• Any custom made software

To facilitate easy integration, AutoTrader provides built-in support for AmiBroker, MetaTrader & Excel. What it means is that you get a set of functions for automated trading, which you can directly use in your strategy code.
For any other software, your can communicate with AutoTrader using files; more information can be found on here.