Trademetria is a popular portfolio tracking and analysis tool used by many traders and investors around the world. In this Trademetria review, we’ll delve into the features, pros and cons, and overall performance of this platform to help you decide if it’s the right tool for you.
What is Trademetria?
Trademetria is a cloud-based portfolio tracking and analysis platform developed by TradeTrakker, Inc. It was founded in 1999 and has since evolved into a feature-rich tool that caters to both active traders and long-term investors.
The software allows users to track their portfolio performance, analyze their trades, and generate reports. It also comes with a range of financial tools, such as a stock screener, news feed, and alerts.
Trademetria is available as a web-based platform and can be accessed from any device with an internet connection.
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Features
One of the main features of Trademetria is its portfolio tracking and analysis capabilities. The software allows users to import their trades from brokerage accounts and track the performance of their portfolios over time. It also provides a detailed analysis of individual trades, including profit and loss, commissions, and fees.
Trademetria also offers a range of financial tools to help traders and investors make informed decisions. These include a stock screener, which allows users to filter stocks based on various criteria, and a news feed, which provides real-time news and analysis on the markets.
In addition to these features, Trademetria also offers alerts, which can be set up to notify users of important events or changes in the market. This can be useful for staying up to date on the market and making timely trades.
Pros
There are several benefits to using Trademetria as your portfolio tracking and analysis platform:
- Comprehensive portfolio tracking and analysis: Trademetria allows users to track the performance of their portfolio over time and provides detailed analysis of individual trades. This can help traders and investors understand their results and identify areas for improvement.
- Financial tools: The stock screener and news feed can be useful for finding trading opportunities and staying up to date on the market.
- Alerts: The alerts feature allows users to stay informed about important events or changes in the market, which can help make timely trades.
- User-friendly interface: Trademetria is easy to navigate and user-friendly, making it accessible to traders and investors of all skill levels.
Pricing and Plans
Trademetria offers a range of pricing and subscription plans, including a free option and two paid plans. The free plan includes a range of trade tracking and risk analysis features, but it does have some limitations, including only supporting a single account, having access to three delayed quotes per month, and being limited to three order imports per month. The free plan also only allows for the data import from a single trading platform.
The Basic plan, which costs $29.95 per month, raises the order import limit to 100 per month and offers unlimited delayed quotes. It includes all of the features from the free plan, as well as nine additional advanced features, such as API functionality, a PNL simulator, watch lists, instrument rankings, strategy rankings, and fundamental research. It also allows for the use of the “Distribution by Time” and “Distribution by Market Condition” features, and enables traders to export their trades from the platform.
The Pro plan, which costs $39.95 per month, does not include any additional features compared to the Basic plan. However, it does remove the limitations on the number of order imports and delayed quotes that can be used each month. The main benefit of the Pro plan is that it allows traders to track up to fifty accounts using their accounts. This can be useful for day and swing traders who want to track individual trades from multiple brokerages using a single interface.
It’s important to note that none of these plans support automatic trade imports. Traders will need to manually import their trade history. If you are new to uploading trades, it may be helpful to learn how to do so using the free plan before upgrading to a paid plan.
Overall Performance
Overall, Trademetria is a reliable and feature-rich portfolio tracking and analysis platform. It offers comprehensive tracking and analysis tools, as well as financial tools like a stock screener and news feed. The alerts feature can also be useful for staying up-to-date on the market.
While Trademetria does have some drawbacks, such as its cost and limited exchanges, it is generally a well-regarded platform. Its user-friendly interface and range of features make it a popular choice for many traders and investors.
One of the standout features of Trademetria is its portfolio tracking and analysis capabilities. The software allows users to import their trades from brokerage accounts and track the performance of their portfolio over time, which can help them understand their results and identify areas for improvement.
The financial tools offered by Trademetria, such as the stock screener and news feed, can also be useful for finding trading opportunities and staying up to date on the market. The alerts feature allows users to stay informed about important events or changes in the market, which can help them make timely trades.
While Trademetria may not be suitable for everyone due to its cost and lack of real-time quotes, it is generally a reliable and well-regarded platform. Its comprehensive tracking and analysis tools, financial tools, and alerts make it a popular choice for many traders and investors.
Final Thoughts
In summary, Trademetria is a cloud-based portfolio tracking and analysis platform that offers a range of features and tools. Its portfolio tracking and analysis capabilities, financial tools, and alerts can be useful for traders and investors looking to understand their results, find trading opportunities, and stay informed about the market. Click here to start using Trademetria today!
