Option Alpha

Choosing between Option Alpha and TradersPost depends on how you want to build, test, and automate your trading strategies. Both platforms help traders automate their trading, but they take different approaches to the process. This comparison breaks down Option Alpha vs. TradersPost to help you decide which automated trading platform best fits your trading style.

Option Alpha vs TradersPost‍

Option Alpha is best suited for options traders who want to create, test, and automate their trading strategies, combining backtesting, optimization, and no-code automation together in one platform. TradersPost focuses more on trade execution, allowing traders to connect signals from external tools such as TradingView, TrendSpider, or custom strategies to their brokerage accounts.

Billing

Monthly Price

Compare the monthly cost of Option Alpha and TradersPost.

TradersPost

$49 / month

Option Alpha

$149 / month

Free Trial

Can you try the platform before paying?

TradersPost

7 days

Option Alpha

30 days

Free Plan

Is there a way to use the platform without paying a monthly subscription?

TradersPost

—

Option Alpha

Available with qualifying broker accounts

Features

Options Trading

Does the platform support options trading?

TradersPost

✓

Option Alpha

✓

Built-In Backtesting

Test strategy ideas using historical market data before trading live.

TradersPost

—

Option Alpha

✓

No-Code Strategy Automation

Build and automate strategies without writing code.

TradersPost

External signal-driven

Option Alpha

✓

Webhook Signals

Trigger automated trading actions using webhook integrations.

TradersPost

✓

Option Alpha

✓

Cloud-Based Automation

Strategies continue running without leaving your computer on.

TradersPost

✓

Option Alpha

✓

Choose Option Alpha if: you're a trader focused on building, backtesting, and automating options strategies.‍

Choose TradersPost if: you primarily trade futures, crypto, use TradingView-generated signals, or need one of its broader broker integrations.

Trade With A Plan

Your Blueprint for Trading Success

Plan, test, and automate your options trading strategies in one platform. Option Alpha gives traders the tools to build a repeatable process without relying on code or constant screen time.

✓

Built Specifically for Options Traders

Create and manage options strategies with tools designed specifically for options trading, including multi-leg positions and defined-risk strategies.

✓

No-Code Trading Automation

Build automated trading bots using visual decision recipes and predefined rules without writing or maintaining code.

✓

Built-In Options Backtesting

Test strategy ideas using historical data before risking capital and compare different entry, exit, and position settings.

✓

From Backtest to Bot

Move from strategy research to automation in the same platform instead of rebuilding your trading logic across multiple tools.

✓

Automate Entries and Exits

Define when trades should open, when positions should close, and how your strategy should respond as market conditions change.

✓

Reduce Manual Screen Time

Let bots continuously monitor your trading rules so you do not have to spend the entire trading session watching charts.

✓

Create a Repeatable Trading Process

Use a consistent Plan → Test → Automate workflow to turn trading ideas into structured, rules-based strategies.

✓

Education and Community

Learn through platform tutorials, strategy education, workshops, and a community of traders building systematic options strategies.

FAQs

What is the difference between Option Alpha and TradersPost?

Option Alpha is designed specifically for options traders who want to research, backtest, and automate strategies in one platform. TradersPost focuses more broadly on connecting trading strategies and external signals to brokerage accounts for automated execution.

Is Option Alpha or TradersPost better for automated options trading?

Both platforms support automated trading, but they approach automation differently. Option Alpha is built around no-code options strategy automation, allowing traders to create rules, test strategies, and automate their trading without programming.

Does Option Alpha or TradersPost offer backtesting?

Option Alpha includes built-in backtesting tools that allow traders to test options strategies using historical data before deploying them through automation. TradersPost focuses primarily on executing strategies and signals generated through external tools.

Can I use Option Alpha or TradersPost without coding?

Yes. Both platforms can be used without traditional programming, although their workflows differ. Option Alpha uses a visual, no-code approach for building and automating options trading strategies.

Which brokers work with Option Alpha and TradersPost?

Option Alpha and TradersPost integrate with multiple brokerage platforms, but their supported brokers differ. Traders should compare current broker integrations for each platform based on where they hold their trading accounts.

Can I paper trade automated strategies with Option Alpha and TradersPost?

Both platforms provide ways to test automated trading workflows without immediately committing capital, although their paper trading capabilities and supported integrations differ.

Is Option Alpha or TradersPost better for options trading?

Both platforms support options trading, but they are built for different workflows. Option Alpha is purpose-built for options strategy research, backtesting, and automation, including multi-leg options strategies. TradersPost supports options primarily through webhook-driven signals and currently describes its options functionality as beta, with support limited to directional options rather than spreads and other complex options strategies.

Is Option Alpha or TradersPost less expensive?

Pricing depends on how you use each platform. TradersPost currently lists its entry paid plan at $49 per month after its free paper-trading period. Option Alpha Pro is currently $149 per month when billed monthly or $99 per month with annual billing, and qualifying TradeStation, Tradier, or tastytrade accounts can receive Option Alpha for $0 per month.

Trusted by 10,000+ traders

Oliver Acevedo

@oliver84

I haven't been able to trade this consistently before and it's 100% because of these bots. They do exactly what you've programmed them to do and leave all the emotions out of it.

Tim Odom

@tim_o

For a year now, I've been utilizing Option Alpha and it has been a transformative platform in my trading tools.

Bret Williams

@jbret

I never thought I would ever be able to trust autotrading, but boy was I wrong! Once you have a good set of rules and trading plan, it almost completely removes the emotion out of trading.

Hoyt

@hoyt61234

When all is said and done, I could not do this without the bot. Too time consuming. I can't come close to what the bot can do.

Traderray

@traderray

My problem in the past has always been trade management … namely inability to keep emotions at bay when in the trade. The bots solve that problem for me.

Dan

@dan

Automations are changing my trading and my life, allowing me more work-life balance.

Option Alpha vs TradersPost‍

Billing

Features