Investfly Review

Investfly is a robust algorithmic trading platform that brings powerful automation tools to retail traders, enabling them to build, test, and deploy trading strategies across stocks, ETFs, crypto, and forex.

Founded in 2014 and developed by Finverse LLC, Investfly is designed to make algorithmic trading accessible for both beginners and advanced traders, regardless of coding experience.

Investfly Features

No-Code & Python-Based Strategy Development

Investfly caters to all skill levels:

No-Code Interface: Use a visual drag-and-drop strategy builder to create complex trading bots without writing code.

Python Support: For technical users, Investfly provides full Python integration with support for libraries like NumPy and Pandas.

Multi-Asset Trading Support

Investfly allows users to build and automate trading strategies for:

Stocks & ETFs: Access U.S. equity markets with built-in market data and technical indicators.

Cryptocurrencies: Automate trades for major cryptocurrencies like Bitcoin and Ethereum.

Forex: Deploy strategies on major and minor currency pairs with real-time data.

End-to-End Automation Workflow

The platform follows a structured 4-step process:

1. Build: Use templates or create bots from scratch with custom conditions and technical indicators.
2. Test: Backtest with over 20 years of historical data, then forward test in virtual portfolios.
3. Deploy: Connect to supported brokers for live trading or execute one-off conditional trades.
4. Scale: Monitor real-time performance and optimize strategies based on analytics.

Investfly Tools

Backtesting & Virtual Portfolios

• Unlimited historical backtests with realistic slippage and commission modeling.
• Forward testing in a sandbox environment with real-time performance metrics.

Technical Screener & Alerts

• Use advanced filters across price, volume, indicators, and patterns.
• Save, schedule, and automate screeners for ongoing idea generation.
• Create alerts using the same conditions as your strategies with notifications via email, SMS, or push.

One-Off Conditional Trades

Trade conditionally without building a full strategy. Examples include:

• “Buy BTC when it crosses above the 200-day MA”
• “Buy EUR/USD when volatility exceeds 20%”

Investfly Broker Integrations

Investfly supports secure, real-time API integrations with major brokers:

• Tradier: Commission-free stock trading
• Alpaca: Stock and crypto trading
• TastyTrade: Advanced equity and options platform
• Oanda: Forex trading
• Coinbase: Cryptocurrency exchange access

Users can connect accounts, set trading permissions, and execute trades either manually or automatically through the Investfly interface.

Investfly Stats

• 200+ strategies deployed
• 500,000+ backtests completed
• 10 million+ automated trades executed

Pricing Plans

Investfly offers flexible pricing to suit various trader needs:

Standard (Free)

• 1 portfolio, screener, alert
• Basic strategy creation and backtesting

Premium ($49.99/mo or $29.99/mo annually)

• 5 portfolios, screeners, and alerts
• Unlimited trade orders
• Live broker connection

Elite ($99.99/mo or $59.99/mo annually)

• 10 portfolios, screeners, and alerts
• Priority support and advanced features

A 7-day free trial is available with no credit card required.

Not Designed for High-Frequency Trading

Investfly is optimized for strategic algorithmic trading, not rapid-fire execution. Its system latency of up to 10 seconds makes it unsuitable for high-frequency or ultra-low latency trading strategies.