What is Promptrade?

Promptrade is a fintech company dedicated to democratizing access to automated trading strategies through sophisticated algorithms. Our mission is to make it easy for clients to connect their trading accounts to our strategies, aiming to generate monetary value. We have partnered with some of the top regulated brokers in the market to ensure efficient execution and excellent customer care. Our long-term goal is to expand our offerings to institutional clients.

How Are We Doing This?

Our journey began a few years ago, starting with the development of our algorithms while navigating the fintech ecosystem. After gaining experience and identifying a gap in the market regarding the high costs of similar services, we launched our first product in 2023. This milestone allowed us to deepen our knowledge in trading, fintech, and the hedge fund industry, enabling us to offer high-quality services at competitive prices.

Recently, we have developed PROMPTs Connect, which allows us to connect our innovative algorithms directly to clients' trading accounts regardless of the broker they are using. PROMPTs Connect provides decentralized execution of our strategies, ensuring full transparency into performance and transactions directly on client platforms. It is important to underline that Promptrade does not manage client funds, which remain in users' accounts opened with their brokers.

Currently, we offer our services without performance fees, making it more sustainable for clients in terms of annual returns on their invested capital. Our revenue model is based on subscription fees and broker interactions, with the aim of reducing costs for clients as we achieve greater scale and sustainability.

How It Works

Promptrade provides each client with a personalized trading basket comprising various strategies across multiple underlying assets. Clients can customize the risk level by specifying their preferred degree of leverage for each underlying asset in their basket. The strategies used are adaptable, adjusting to new market volatility and scenarios over time. Through extensive research and development, we are confident that, even during periods of low performance in the short term, we will deliver significant value in the long term.

Our strategies and assets are dynamically rebalanced to ensure a diversified portfolio with minimal leverage on individual assets. For example, your PROMPTs can include different assets over time but will not exceed a certain risk level based on the leverage of currently active assets, relative to your account equity balance and margins.

Conclusion

Promptrade is committed to revolutionizing automated trading by providing accessible, transparent, and cost-effective solutions. With our innovative algorithms and strategic partnerships, we aim to empower clients to achieve better financial outcomes. As we continue to grow and refine our offerings, we are dedicated to maintaining the highest standards of service and sustainability for our clients. Join us on this journey towards smarter, more efficient trading.