FAQ
What is Catchy Trade?
Catchy Trade is an API-based Trading Platform to provide DIY (Do-It-Yourself) traders to build their trading strategies and automate in their own trading environment.
What are the services provided by Catchy Trade?
Catchy Trade provided end to end requirements of an Algo trader right from Automated Trading Education, API connectivity to multiple brokers, Execution module and sample codes to multiple trading platforms, Datafeed to the various platforms, trading bridge, Datafeed API, Virtual servers, free strategy libraries, Code development, and community support.
What is algorithmic trading?
Algorithmic trading is also known as algo trading or automated traded or black box trading. In this type of trading, there is minimum human interference and computer programs are used to trade at higher speed and volumes according to the pre-defined parameters.
What is the future of Algorithmic Trading?
The global market is expected to grow rapidly in terms of usage of algo trading. It is expected that the percentage of algo trading in derivatives and commodity markets will grow significantly across the globe.
Is algo trading possible for individuals?
The stock market provides equal opportunity to every individual in the market and hence every individual can do algo trading.
How profitable are the best stock trading algorithms?
Stock trading algorithms are very much profitable. Their returns easily beat what a normal human trader can achieve with manual trading.
Is Algo trading legal in India?
Yes, algo trading is legal in India and anyone can trade using it.
Who are the supported brokers?
Currently, Catchy Trade Supports Angel Broking, Alice Blue, Fyers, Firstock, Samco, Tradejini, Upstox, Zebu, Zerodha.
Is the Catchy Trade Platform is Free to Access?
Yes, Catchy Trade is free to access if the trading account is opened via Catchy Trade. If the trader already holds an existing account with the Catchy Trade supported broker and wish to continue with the same account then Catchy Trade platform pricing is applicable.
What is the trading platform support by the Catchy Trade Platform?
Catchy Trade Supports Amibroker, Tradingview, Excel, Metatrader, Python, C# based Applications.
Can you recommend which broker to open a trading account?
We are broker-neutral and we like to provide a wide array of choices and the users of Catchy Trade can choose their own favorite brokers.
How Secure is Catchy Trade?
Catchy Trade provides enterprise-level security for the users and provides a resilient, secure, extensible, and scalable environment for the users.
Will Catchy Trade Stores the Login ID and Password?
Absolutely Not, Users will have to mandatorily enter the login id and password on daily basis in their respective brokers portal while logged into Catchy Trade platform. Catchy Trade will not store any of the trader's login id/passwords.
Does Catchy Trade provides any guarantee on returns?
Absolutely Not. The trader has to take complete responsibility for their trading strategies. Catchy Trade will neither take any responsibility for the returns of traders.
How can I get Catchy Trade Support?
Catchy Trade users by default get Chat Support and Ticket Support. Alternatively users also can mail their queries to support@Catchy Trade.com
