QuantConnectReviews of quantconnect.com

I wasn’t a programmer, took a python basics course on youtube and their free bootcamp course and I was surprised how quickly I picked up object oriented programming and algorithmic trading coding on their platform. The stocks data is free up to seconds timeframe, after a long research on competitors I choose quantconnect and it was up to my expectations.

I have been using QuantConnect for over a year now. I started out using their free tier, which basically lets you do everything that you need to do to get started and more (coding, backtesting, access to historical data). Due to this I was able to learn how to use platform at my own pace without feeling pressured by any fees or costs. When I first started the documentation was still pretty spotty and it was difficult at first but I have always received fast and detailed replies by their staff and other community members, they have since improved their documentation and I have improved from being a beginner on the platform to being one of the helpful community members, I couldn't be happier with how QuantConnect and my own trading journey is evolving!

QuantConnect has been an invaluable partner for my personal trading and for a university class that I teach. The community is incredibly supportive, and the leadership team are accessible which is almost unheard of in trading platforms these days. In my class, my graduate level students have been able to personally engage and implement constructs like Fama French factors, and QuantConnect has been an active supporter to facilitate my students learning. It's incredible to join the community, have access to a variety of detailed trading algorithms, instructional videos, and see my students feel confident implementing week-to-week. I don't think there's anything like QuantConnect out there today, and I'm a big supporter of their efforts. I can't imagine my own trading or teaching my class without it!

I have been programming on my bot for over 2 years. In the beginning it was difficult to get to know the platform because there is a lot of possibilities coming at you. But once you understand how this platform works and were to find the information. It's a pleasure to work on your bot. Pros: - Strong community that mostly answers your questions in 24h or max 48 hours. - Working locally or on the platform - Possibility of coding 100% your own strategy - Live Trading with a lot of markets (Equity, Crypto, Forex, Futures). - They listen to proposals to improve the platform and take immediate action. - If using the bronze membership your getting professional help within an hour. (It's normal they charge an amount for the professional help, nothing is free these days.) - Implementing email, sms, telegram messages, ... of the orders the bot is making. Cons: - If u have zero experience programming in Python or C# it's hard to program your own bot despite their learning center. - Maybe an app on the cellphone would be nice. So you can check your bot/code anytime you want (not would be something extra). A tip: Keep persevere once your bot is trading live it's a reward for all the hard work.

QuantConnect enables algorithmic traders of all experience levels to turn an idea into a reality. I first found QuantConnect many many years ago while contemplating building my own backtesting platform. I was relieved to find QuantConnect and its open sourced LEAN project. The engineering philosophy that underpins the platform is one of unlimited customizability while also making the most common tasks simple or automatic. The full QuantConnect platform provides its users many tools that improve the efficiency and most importantly reduce the time between idea and feasibility testing. As with any software product, time needs to be spent learning the APIs, but with documentation for the entire platform available directly in the browser combined with QuantConnect's algorithm bootcamp and extensive documentation of recipes detailing how to use each and every feature, this spinup time is greatly reduced, especially if you're already confident with your programming skills. QuantConnect even provides a free tier, which is awesome. You can test your trading ideas using free backtesting and when you've built something worth trading you can run it through paper trading to make sure you haven't overfit your algorithm and then run it against your real brokerage account. Even if you don't have your own capital to trade, if you've built a great algorithm you can license it out to other investors using QuantConnect's new Alpha Streams Marketplace. All software products have bugs. What differentiates the good from the bad is the response. From everything I've heard, QuantConnect support is very timely with their responses and it's usually not a bug, but rather a coding error. When bugs are found, they are fixed in github and once the fix is merged its available on the QuantConnect platform within about 5 minutes!

I joined QuantConnect back in 2018 as a hobbyist trying to learn the basics of algorithmic trading. Three years later, and countless hours spent on LEAN and QuantConnect, I can only speak highly of this platform that helped me make the career change I was looking for. * Complexity: This is not some drag-and-drop platform to build out-of-the-box trading bots. Yes, the API takes some time to learn but I think that should be expected of any serious software that offers this level of flexibility and robustness. * Community: I've seen the community grow over the years and become this amazing mix of backgrounds that share creative ideas and help each other. * AlphaStreams Marketplace: I've personally been developing and submitting alphas to the marketplace from the beginning, some of which got licensed by clients. The criteria to enter is strict to ensure statistical significance of results and competition is fierce, but this growing marketplace has the potential to revolutionize the open-source quant scene by providing a stable income to alpha developers. * Team: I've worked closely with the QuantConnect team over the years and their professionalism and integrity are out of the question. Not only I trust them with holding my algorithms, but so do my institutional clients for whom I work in QuantConnect. All in all, a fantastic platform for anyone looking for institutional-grade software, a thriving community of like-minded algo traders, and a hard-working trustworthy team of professionals.

Over two (fun!) years the QuantConnect team have assisted me in (1) My programming...which at the beginning was all but non-existent. With this, the customer support, community help and other resources e.g. GitHub provided me with the required information to develop my algos. (2) Connectivity....I can connect one of my algos to one of my Interactive Brokers accounts in about 2 minutes. Its that easy. (3) Ability to license....Many of the systems I have developed over the last couple of years and submitted to the AlphaStreams marketplace are being licensed. Like any other endeavor in life - this takes hard work and a lot of effort. I have had no problems with backtest times - but obviously the times will depend on the amount of data being crunched in the background. So Im very happy - a friendly bunch of people doing real innovative stuff. I cant wait what the next few years bring!