Small Business
Designed for startups and growing businesses
Brand: IT-Finance
ProRealTime is an online trading software used for technical analysis using extensive tools and features.
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Brand: IT-Finance
Founded Year: 2001
Provider of data feeds, charting solutions and trading platforms since 2001
Core Features
Order Execution
Research and Analysis
Technical Analysis
Fundamental Analysis
Backtesting and Optimization
Risk Management
Trading Options
Reporting & Analytics
Account Management
Integrations
Alerts & Notifications
Watch the demo video to explore key features, real workflows, and how the software fits your business needs.
Small Business
Designed for startups and growing businesses
Medium Business
Built for business growth and flexibility
Enterprises
Designed for complex and large-scale business needs
4.1
Out of 5
Overall Rating
Based on
10 Verified Reviews
Rating Breakdown
87% Recommend this Product
Add ReviewUsers generally appreciate ProRealTime for its extensive charting tools, real-time data access, and effective order management, making it a valuable resource for both learning and active trading. The platform's paper trading feature and backtesting capabilities are highlighted as beneficial for practicing strategies without financial risk. However, some users find the vast array of options overwhelming, and the learning curve can be steep for beginners. Additionally, occasional delays during peak trading times and the need for technical knowledge in algorithmic setups are noted as limitations.
Pros
"The alerts and notifications are lifesavers! I can set custom alerts for price changes, so I don’t miss opportunities even when I’m not actively looking at the screen."
Cons
"The paper trading is close to real, but the simulations can feel slightly different from actual market reactions. "
"There’s a slight delay when executing orders on peak trading days, which can be a bit frustrating. "
"For a beginner, the vast selection can be overwhelming, and it can be hard to know where to start without guidance. "
Jul 12, 2024
Techjockey Verified
“Ideal for Learning Technical Analysis Basics”
ProRealTime has been a helpful tool for me in learning about market trends. With all the indicators and drawing tools, I get a feel for technical analysis and can adjust settings to see different aspects of the market. While it’s beginner-friendly, it would be easier if there was a more guided tutorial to show me where to start. Still, the experience has been worthwhile.
Pros
The platform has many built-in indicators and drawing tools, making it ideal for learning technical analysis and understanding market trends. It has a bit of everything for beginners to advanced users.
Cons
For a beginner, the vast selection can be overwhelming, and it can be hard to know where to start without guidance.
Reason to switch
I needed a tool with more flexible indicators for learning and experimenting with technical analysis, which ProRealTime provides well.
Jul 19, 2024
Techjockey Verified
“Perfect for Monitoring and Order Management”
ProRealTime gives me complete control over my orders. I can set stop-losses and limit orders directly on the platform, and it’s easy to keep track of everything. It’s convenient not having to use separate software for order management, especially when I’m trading actively. The only downside is a slight delay on busy days, but it’s not a major issue.
Pros
The order management options on ProRealTime make it easy to set up market, limit, and stop-loss orders, all in one place. It’s convenient to manage my trades without switching between platforms.
Cons
There’s a slight delay when executing orders on peak trading days, which can be a bit frustrating.
Reason to switch
I wanted a platform where I could place and monitor orders in one place without additional tools.
Sep 12, 2024
Techjockey Verified
“Great for Testing Strategies in a Safe Environment”
It’s been a great learning experience, and I feel more comfortable with real trades now. Although the simulated trades sometimes don’t match exact market conditions, it’s close enough to be valuable.
Pros
ProRealTime’s paper trading feature is a must for anyone wanting to practice without risking real money. I’ve been able to test strategies, learn, and make mistakes without losses.
Cons
The paper trading is close to real, but the simulations can feel slightly different from actual market reactions.
Reason to switch
I wanted a safer environment to test new strategies before putting in actual money.
ProRealTime
Price On Request
Desktop
Mobile
Web based
On Premises
Windows
Mac OS
(2) Product(s) selected
Yes, ProRealTime is available for free with basic features. Also, if you are using any paid plan, you can take a free trial for them.
The scripting language of ProRealTime is ProBuilder.
No, ProRealTime is not a broker but a multi-broker trading platform.
There are mainly two types of brokers supported by ProRealTime-Interactive Brokers and Saxo Bank.
To backtest on ProRealTime, click on “ProBacktest & Automatic Trading” at the top of the chart. Then, select the system you want to test. Click modify and set the different parameters according to your trading preferences.
Start clicking on the indicator button. Select the indicator as per your choice or you can search for the name of the indicator on the search bar. Confirm by clicking ‘Add’ to the chart.
Setting alerts in ProRealTime based on the types of alerts you want to set. To set a simple alert, click on ‘Bell Icon’ and then click on the charts of the security. There will be a new window where you need to define all the parameters. Then, click on the ‘Create Alert’
ProRealTime aims to deliver alerts and notifications in real-time or with minimal delay. However, it also depends on internet connection speed, server load, and complexity of alerts.
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There are several tools and features available in ProRealTime to analyze technical parameters. A few of them are:
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Yes, ProRealTime offers tools for analyzing market microstructure data. The platform provides the necessary capabilities to delve into the intricacies of market microstructure such as charting tools, backtesting, tick data, custom indicators, etc.
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Yes, ProRealTime offers a variety of proprietary technical indicators and analysis tools including customizable indicators, pattern recognition tools, advanced charting tools, and many others.
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ProRealTime offers some features to optimize your trading strategies for volatility trading. They are:
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Terms and Condtions
Users with registered businesses can purchase goods from merchants on the platform to satisfy their business needs. Users are not permitted to utilize any products acquired through the platform for resale, advertising, business, or further distribution.
For each purchase made, users will receive a Tax Invoice (or 'GST invoice') that includes specific details such as:
the GSTIN of the user associated with their registered business, and
the specified Entity Name for their business.
It should be noted that not all products are eligible for GST Invoice. Only the products displayed by participating sellers with the 'GST-based Invoice Available' callout on the product description page would qualify.
Certain goods and services are not eligible to get a GST Invoice, including items with VAS, i.e., Value Added Services (e.g., Total Mobile Protection/Assured Buyback) and those involving an exchange offer at the time of purchase.
Users must ensure the accuracy of the GSTIN, and business entity name provided for the GST Invoice. Requests for corrections into GST Invoice would not be accommodated by Techjockey.com or any Seller, and any issues arising from user-provided information are the sole responsibility of users.
Techjockey.com is not liable for the GST Invoice or any associated input tax credit. To efficiently claim an input tax credit, users should select the registered place of business address as per the GST authority's data and follow the provisions of the GST Act and rules.
To claim an input tax credit, the delivery and billing addresses must match. Furthermore, input tax credits will not be granted if the delivery address and GSTIN on the invoice are from different states. In case of incorrect GST details provided during the order placement, the order will be canceled automatically.