Trality is a trading platform that supplies traders with potent and versatile tools for developing, testing, and launching crypto bots in a cloud-based ecosystem. The bot also covers the needs of expert Python programmers by enabling them to build sophisticated strategies, draw devoted followers, and earn revenue in the process.
Find below the key features of the robot:
The algorithms run steadily 24/7 on the cloud, ensuring that you act on all trading opportunities.
- Code editor
This editor allows you to install your trading bot using basic Python. A number of inbuilt features and data science libraries, such as pandas and numpy, are also made available to help you in the coding process.
- Rule builder
This feature permits you to create bots using your own strategies without using the Python code. So, you can just drag and drop signal generators from a curated template list and connect them with Boolean logic.
How to start with Trality?
The registration process for Trality is straightforward:
- Click on the sign up button located at the top right corner of the official page
- You will then be required to provide some personal details, mainly your email address and password
- Agree to the terms of service and press the ‘sign up’ button
- Verify your email address by clicking on the link sent to your inbox
- You can now access the platform’s features
Trality comes in 4 pricing plans, one of which is free. We have broken down the packs below:
- This plan features a €5000 limit in trading volume, a single bot, 1 week log retention, and a small tick interval of 60 minutes.
Knight–€9.99 or €95/year
With this package, you can access 2 created bots, 1 month log retention, and a €25000 cap on trading volume.
Rook–€39.99 or €383/year
The vendor says that most traders prefer to subscribe to this option. It has a large trading volume cap of €250,000, six-month log retention, a minimum tick interval of 5 minutes, and 5 trading bots.
Queen–€59.99 or €575/year
The Queen option eliminates the limit on trading volume, increases the number of trading bots to 10, decreases the minimum tick interval to 1 minute, and maintains your log retention forever.
Backtesting is enabled in all plans and is unlimited.
Minimum first-time deposit requirement
The minimum deposit requirement may vary depending on the kind of strategy you are using, the trading pair, etc.
You cannot withdraw money from this platform since it doesn’t hold your assets in the first place. So, if you want to take out some money, you will have to follow the withdrawal process stipulated by your exchange account.
What about subscription fees and commissions?
Trality will not ask you to pay any extra fees or commissions after subscribing to any of the plans we discussed earlier.
Trality review: user interface
The devs state that Trality has a user-friendly interface for both novice and advanced traders. It comes with a drop-and-drop Rule Builder where beginners can develop, backtest, and trade like real pros. Advanced users can capitalize on the Code Editor that features an ultra-modern API, a debugger, many packages, and end-to-end encryption.
Most of the traders who have reviewed the tool say that it is great. Overall, they have rated it at 4.2 on Trustpilot. A few samples of the testimonials reveal that the features of the bot are handy. This suggests that you can get the most out of this market by using them.
Trality was founded in 2019 by Moritz Putzhammer and Christopher Helf in response to the unpredictable crypto space. Moritz is said to have a passion for crypto and has a PhD in Business and demonstrates extensive professional experience in strategy, research, finance, and project management. Christopher heads all the technical developments the company undertakes to improve Trality. Some of the other team members include Georgios Angelopolous, Mark Best, Igor Chernysh, Brian Haman, and Dominik De Zordo.
What exchanges does Trality support?
Trality is designed to interact with 6 crypto exchanges only. These include Bitpanda, Binance, Kraken, FTX, Binance.US, and Coinbase Pro. The vendor is committed to expanding this list on a constant basis.
Is Trality secure?
The platform claims to adhere to the most stringent security protocols to make sure that all of its systems are safe. For instance, it sandboxes all the strategies and algorithms you create, so no one can steal and claim to own them. Full end-to-end encryption is also applied, so your IP address solely belongs to you. This way, you can optimize your privacy and info security on the platform. Even better, Trality never holds your funds since they remain in your chosen exchange; it will never access your money. Other protection measures you will find include advanced firewall protection and multi-factor authentication.
Is it a regulated crypto trading platform?
Yes, it is. The activities conducted on the platform are subject to Australian law. Also, the court of Vienna, Innere Stadt, is tasked with the duty of handling all claims that arise from disputes relating to the platform’s contractual relationship with the user.