Archaide TradeLab is an AI platform for traders, with the core positioning of enabling users to complete the ideation, testing, and automated execution of trading strategies using natural language (pure English prompts), without writing code.
Purpose and main capabilities
- Learning: Provides an AI Trading Coach to help beginners gradually learn about trading within the platform.
- Testing: Supports unlimited backtesting and paper trading. Users can enter stock tickers and conditions, and the system simulates strategy performance with historical data within minutes.
- Automation: Strategies can be deployed as bots to automatically execute trades across brokers 24/7, and the platform claims to maintain 99.99% uptime.
- Bot types: Supports options, stocks, ETFs, and cryptocurrency bots, which must be based on technical analysis and chart strategies, such as technical indicators, static prices, support levels, resistance levels, and time-based entry and exit controls. It explicitly does not support using news, sentiment, or AI predictions to formulate strategies.
- Analytics: Provides advanced analytics such as win rate, profit factor, drawdown, entry and exit charts, and trade logs, all displayed together in the performance tab.
How to use
- Users only need a strategy idea (or testing curiosity) and an internet connection.
- The platform uses a "First Bot Challenge" onboarding process, and most users can launch their first runnable bot within 10 minutes.
- After generating a strategy, go to the trading bot tab, click the backtest tab, enter the stock ticker and conditions, and click "Run Backtest".
- Every strategy can be paper traded with real-time market data.
- Multiple bots can run simultaneously, covering multiple assets, multiple accounts, and brokers, and can be monitored from one dashboard.
Applicable scenarios
- Trading beginners: Learn with the help of the AI coach.
- Traders who have strategy ideas but lack a way to validate them: Conduct unlimited backtesting and paper trading.
- Traders who already have validated strategies but are disrupted by time, emotions, and other factors: Automate execution through brokers.
- Currently, the only supported broker is Alpaca, and more brokers with open APIs will be added in the future.
Platform features and limitations
- Does not sell prebuilt bots, and plans to launch a bot marketplace in the future for subscribing to other people's bots.
- The website is fully responsive and supports desktop, tablet, and mobile, but the desktop/laptop experience is best.
- Strategy data is encrypted, API keys are stored with 256-bit encryption, data is private, and accounts, strategies, and trades are fully controlled by users.
- 2FA is currently not supported and will be supported in the future.
- Trading risks are borne by the user, and the platform does not promise profits, does not provide financial advice.
- Due to the nature of the platform, no refunds are provided.
Pricing and access
- The subscription price is $500 per year, and prices may increase or features may be adjusted in the future.
- There is no free trial, but the platform can be previewed through the video demo on the page.
- Registration requires a one-year commitment, but it can be canceled at any time to avoid future charges.
It should be noted that the above information all comes from the official page text, and no actual usage results, specific performance data, or third-party reviews are provided.
