TrendSpider has some advanced features that make it a reliable platform. But obviously the inherent risks in trading are always present.
With platforms like TrendSpider, you can get some basic options like data retrieval and advanced features like trading bots. If you love to access your account via laptop then you will see that their interface contains ample data.
There is a mobile app of TrendSpider but it is just a supplement for seeing charts and watchlists. The high-quality functionality of this app makes it a good reliable source.
Features of TrendSpider
Given below are some of the features of TrendSpider:
- Charting
TrendSpider’s dashboard will showcase various charts like candlesticks with prices of the stocks you select. You can customize the charts by adding more lines, metrics, stocks, or indicators. The charting feature of this software is pretty cool and most users like exploring it.
- News&Watchlists
On TrendSpider you will find various pre-built watchlists. These are specifically for information like the movement in prices of stocks and how it will affect the market position. Besides that, you get news through integrated third parties like Benzinga. Both clubbed together will help you make better strategic moves in the market.
- Data
The platform offers information related to stocks, crypto, ETFs, and future options. This information is not available free of cost, you need to pay a fee to access it. TrendSpider doesn’t provide data on bonds. The information is not only limited to assets but off-exchange volumes, social sentiments, etc.
- Backtesting
If you wish to see your historical trading strategies then no need to be an expert in coding. Because the most unique feature of TrendSpider is that it allows backtesting. If you have taken their pro plan, then it will allow in-depth backtesting.
With all these features, TrendSpider is among the top trading platforms for the US, Russia, and Asian countries.