Soon, you can start trading your algorithms with your E*TRADE brokerage account (1).
What does this mean for you?
- If you already have an E*TRADE account, you'll be able to place trades directly from your Quantopian algorithm.
- If you don't have an E*TRADE account, you only need $500 to open one and start live trading your Quantopian algorithm.
- If you are already using Interactive Brokers (IB), don't worry - we are continuing to support trading through IB.
For those who are curious on seeing it in action, I presented a quick demo of an algorithm trading with E*TRADE here: https://vimeo.com/122492698
Do you want a chance to trade real money With E*TRADE in our pilot program?
How much does this cost?
Quantopian does not charge for live trading integration, though we may need to charge a monthly fee at some point in the future. Your brokerage agreement with E*TRADE, including fees and commissions, will be subject to the same terms and rules as your existing E*TRADE brokerage account. (1)
(1) E*TRADE Financial Corporation is not affiliated with and does not endorse or recommend Quantopian, Inc. E*TRADE provides execution and clearing services to customers who integrate their E*TRADE account with their Quantopian account. For more information regarding E*TRADE Financial Corporation, please visit www.etrade.com.
P.S. Attached is a sample algorithm that's geared and ready for live trading. Tweak it to use a different list of stocks or create your own algorithm from scratch. Here are some tutorials to help you do that.
|Returns||1 Month||3 Month||6 Month||12 Month|
|Alpha||1 Month||3 Month||6 Month||12 Month|
|Beta||1 Month||3 Month||6 Month||12 Month|
|Sharpe||1 Month||3 Month||6 Month||12 Month|
|Sortino||1 Month||3 Month||6 Month||12 Month|
|Volatility||1 Month||3 Month||6 Month||12 Month|
|Max Drawdown||1 Month||3 Month||6 Month||12 Month|