ProRealTime is a first-class trading platform along with features like financial analysis, real-time data, customizable notifications, and much more. The platform also has backtesting and advanced charting options.
About ProRealTime
Damien Adampt is the founder and MD of ProRealTime. It has over 825,000+users worldwide. This platform is not just for technical analysis. It is a proper brokerage firm like IG Brokers.
You can also integrate it with other platforms to get better access. It has stocks, crypto, gold, silver, financial assets, CDFs, bonds, and many more options to trade.
Dealing in the stock market ain’t everybody’s cup of tea. But if you have the right data and platform you can gradually learn to excel. One such If you are wondering about ProRealTime features and pricing plans then let’s find out.
Features of ProRealTime
You will find diverse and advanced-level features on ProRealTime. Here are a few of them.
- Assets
One of the advantages of using ProRealTime software is that it deals with plenty of assets. You can trade in a multitude of financial assets and other securities. Doing asset analysis is also an added perk.
The software can be used not only for stock trading and forex but also for CFDs, Bonds, future options, and commodities. The software has ample data on every type of security. It makes it easy for the users to make the right decision.
- Indicators and Technical Charts
When you log in to your account, the software will automatically show you a minimum of three charts for every asset that you are keen to invest in. It is deliberately done to help traders monitor the stock at every point in time.
Luckily, you can make your indicators and technical charts on ProRealTime. The charts are very similar and sophisticated like TradingView. You will find around 130 indicators that can be customized as per your preference.
- ProScreener
The software uses a modern screening tool that incorporates a maximum of types of indicators to do a reliable trading analysis for the users. What’s even more interesting is that you can build your own screeners. On the screen, you can see that a wizard-like tool is present that helps to make and customize screeners.
- Automatic Trading and ProBacktesting
ProRealTime is considered an expensive software. Despite that, it has over 8.2 lakh users around the globe. The only reason is its auto-trading support. It also allows users to create strategies using the ProRealTime coder by integrating various indicators.
The unique part of its code builder is that it gives extensive data on the trade and commissions. You can judge whether the strategy is accurate or not. It will help you judge if the strategy is ineffective and if it is you can fine-tune it anytime.
- Customization
There are a lot of customization options available on ProRealTime. Once you start using the software you will notice that it understands what screen you use and adjust the resolution accordingly. It doesn’t sound so big or impressive but it is a sign that the interface is friendly.
Though it can be used on mobiles, tablets, and computers, it can be a little irritating to use it on smaller screens. On the contrary, mobile apps will give you real-time notifications whenever there is any price update on your selected stocks.
Pricing Plans of ProRealTime
ProRealTime software has 3 plans. Let us dive into the details of each of them.
1. Free Trading Plan
With the Free Trading Plan, you can have 100% access to everything available on ProRealTime. Opening a free account through their website is pretty easy. Once you are done, you get the following features:
When the market closes, your data will be backed up automatically.
A lot of historical data is available related to stocks and other financial assets.
There is a 2-week free trial period in which you get information about real-time data.
2. Real-Time Plan- Without Trading
Under this plan you won’t be able to use ProRealTime rather you will get access to real-time data of the market. You can choose the markets you want to get updates about. The price of data under this level is $10-$28.18 depending on the stock exchange. Here is an example to make it more simple.
Suppose you need to get data from the NASDAQ market. You can get the software license every month by paying $10.98. But you can get ProRealTime for free anytime.
In this, you have the option to choose between a complete software license or a premium software license. You have two options for a prepaid subscription- 6 months or 1 year(you get a 10% discount). Loyalty rewards will also be given to each customer.
3. Real-Time Plan- With Trading
The third plan is the Real-time Plan- With Trading option. To access this plan you must have a brokerage account. Once you are all set up, your monthly fee will be reduced. They offer rebates each time a transaction gets executed.
With this plan you get the first 2 calendar months free and from 3rd month onwards you will be charged a fee after deducting a rebate. Here is a summary of the fee charged.
Review
For advanced traders and investors, ProRealTime has some really exceptional features. They can use its backtesting and high-level charting tools to get the most advantages of this platform. Though it is expensive for beginners, they can try the free version.
One of the best parts of this software is that it is 100% transparent about brokerage and commissions. Moreover, customer service is a big winner. Not every platform provides such extensive support to the users. They will answer each and every query you have.
By now you know a lot about ProRealTime. So, if money and screener flexibility are not a big issue for you, this platform is a great option.