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ProRealTime

Brand: IT-Finance

  • 4.1

  • 10 Ratings & 10 Reviews

ProRealTime is an online trading software used for technical analysis using extensive tools and features.

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Starting at $29

ProRealTime Software Overview

What is ProRealTime?

ProRealTime is a well-known charting and stock market software designed for conducting technical analysis by providing traders with various tools. Its capabilities include facilitating the examination of market trends and the development of seamless trading strategies in real time.

The software also features functions such as market updates, customizable chart tools, the ability to test strategies on data, and integration with various brokerage firms. This platform is an ideal fit for traders who actively participate in the market and need a tool to analyze trends and quickly execute trades.

Key Features of ProRealTime

  • Advanced Charting Tools: ProRealTime is available with numerous features including charting tools, technical analysis indicators, drawing tools, and customizable layouts.
  • Real-Time Market Data: Traders can access real-time market data for a variety of financial instruments which helps them to stay updated with price changes.
  • Order Placement and Management: Traders can place and manage trades directly on the platform, including market, limit, stop-loss, and stop-limit orders.
  • Paper Trading: ProRealTime provides an environment to practice and test trading activities on simulated funds.
  • Strategy Backtesting: Traders can analyze the performance of their trading strategies using historical data without risking the actual money.
  • Algorithm Trading: ProRealTime's programming language enables algorithmic trading and helps traders to automate trading operations.
  • Multi-Platform Support: ProRealTime offers multi-platform support and allows traders to access the platform via a desktop computer, web browser, or mobile app for better convenience.
  • Customizable User Interface: Customise the platform's interface to reflect your preferences and trading workflow.

Benefits of ProRealTime

The major benefits of ProRealTime are the following:

  • Higher Reliability: ProRealTime offers a reliable and stable trading platform and helps traders execute their trades efficiently.
  • Integration with Well-Known Brokers: Traders can place and manage their orders directly through the platform as it offers integration with a wide range of brokers.
  • Scalability: This platform offers higher scalability as it is designed to handle higher datasets and complex strategies.
  • Powerful Backtesting Capabilities: This software provides higher backtesting capabilities for traders so that they can test their strategies in a paper environment.
  • Extensive Indicator Library: Access a vast array of technical indicators to analyze price movements, momentum, volatility, and trend strength.
  • Customizable Charting: Create and customize charts to suit your specific trading style and preferences, including various chart types, drawing tools, and timeframes.
  • Pattern Recognition: Utilize ProRealTime's pattern recognition tools to automatically identify chart patterns and potential trading opportunities.

Who can use ProRealTime?

This software is designed for traders, investors, and financial analysts. Here is the list of possible users:

  • Day Traders: Users who make quick trades based on daily price movements.
  • Swing Traders: Traders who hold positions shortly, especially for short-medium periods.
  • Long-Term Investors: Users who trade for longer periods after doing in-depth analysis.
  • Technical Analysts: Users who focus on market trends and chart analysis.
  • Portfolio Managers: Users who manage large portfolios can also use ProRealTime.

ProRealTime Pricing Plans

The pricing of ProRealTime starts from $29 per month. The pricing may vary depending on additional features, customization capabilities, and other abilities.

  • ProRealTime Pricing for Complete Plan: $29 per month
  • ProRealTime Pricing for Premium Plan: $84 per month
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IT-Finance Company Details

Founded Year:  2001

Provider of data feeds, charting solutions and trading platforms since 2001

Director/Founders IT-Finance
Company Size 1-100 Employees

ProRealTime Pricing & Plans

Complete Desktop app
Starting at $29
    • Licenses

      Licenses
      Licenses
    • Monthly

      Monthly
      Monthly

Key Features

  • Simultaneous charts-20 charts per workspace

  • History available-200 000 units

  • Daily, intraday, tick-by-tick

  • Custom timeframes, x-Volumes

  • Volume Profile

  • Create and import custom indicators

  • ProRealTrend automatic trend lines

  • Replay past market data

  • Practice trading in Market Replay

Premium Desktop app
Starting at $84
    • Licenses

      Licenses
      Licenses
    • Monthly

      Monthly
      Monthly

Key Features

  • Simultaneous charts-100 charts per workspace

  • History available-Up to 1 million units in histori

  • Historical mode

  • Daily, intraday, tick-by-tick

  • Custom timeframes, x-Volumes

  • Volume Profile

  • Create and import custom indicators

  • ProRealTrend automatic trend lines

  • Replay past market data

  • Practice trading in Market Replay

ProRealTime Features

Core Features

  • icon_check Portfolio Management
    Track and analyze investment holdings, returns, and asset allocation in real time.
  • icon_check Market Data
    Real-time and historical stock price feeds, trade volume, and market indices for analysis.
  • icon_check Watchlist
    A customizable list for monitoring preferred stocks, providing real-time updates on price and volume.
  • icon_check Charting Tools
    Visual tools for analyzing stock trends and patterns using technical indicators and price movements.
  • icon_check Order Control
    Tools to manage, modify, and cancel buy or sell orders efficiently on the trading platform.
  • icon_check Order Execution
    Automated system to process buy/sell orders directly via the broker and stock exchange.
  • icon_check Stock Screener
    Filters stocks based on specific criteria like market cap, P/E ratio, or price movement.

Order Execution

  • icon_check Limit Order
    An order to buy/sell at a specific price or better, ensuring price control but not guaranteed execution.
  • icon_check Market Order
    Buy/sell immediately at the current market price, ensuring execution but no price control.
  • icon_check Stop (Loss) Order
    Automatically sells stock when it drops to a pre-set price to minimize losses.
  • icon_check Stop Limit Orders
    Combines a stop-loss order with a limit order to sell/buy once a set price is triggered.
  • icon_check Trailing Stop Order
    Automatically adjusts stop price as the market price moves in favor of the position.

Research and Analysis

  • icon_check Advanced Order Flow Analysis
    Tracks and analyzes buying and selling activity across the market.
  • icon_check Multi-Timeframe Analysis
    Analyzes price trends across different timeframes for better decision-making.
  • icon_check Analyst Ratings
    Displays professional analyst opinions on stocks, including buy, hold, or sell recommendations.
  • icon_check Sentiment Analysis
    Evaluates market sentiment from news and social media to gauge stock trends.

Technical Analysis

  • icon_check Smart drawing tools
    Customizable tools to draw patterns like support, resistance, and Fibonacci retracements.
  • icon_check Trendlines
    Visual representation of stock price trends over time to predict future movements.
  • icon_check Technical Indicators
    Tools like RSI and MACD for analyzing stock price momentum and direction.
  • icon_check Custom Indicators
    Create and apply personalized technical indicators for unique trading strategies.
  • icon_check Automated Technical Patterns Detection
    Automatically identifies patterns like head and shoulders or flags.

Fundamental Analysis

  • icon_check Industry Analysis
    Compares stock performance against industry benchmarks for relative valuation.
  • icon_check Financial Ratios
    Key metrics like P/E and P/B ratios to evaluate stock value relative to financial performance.
  • icon_check Income Statement
    Displays a company’s revenue, expenses, and profitability over a specific period.
  • icon_check Balance Sheet
    Shows a company's assets, liabilities, and shareholders’ equity for financial health analysis.
  • icon_check Cash Flow Statements
    Tracks cash inflows and outflows to assess company liquidity and operational efficiency.
  • icon_check Earnings Forecasts
    Predicts future earnings based on historical data and market conditions.
  • icon_check Company Valuation Models
    Estimates a company’s value based on DCF, NPV, and other valuation methods.

Backtesting and Optimization

  • icon_check Paper Trading
    Practice trading without risking real capital using simulated environments.
  • icon_check Historical Data Simulation
    Tests trading strategies against past data to assess their effectiveness.
  • icon_check Strategy Tester
    Evaluates the performance of trading strategies before deploying them in live markets.
  • icon_check Strategy Optimization
    Fine-tunes trading strategies by adjusting parameters for improved performance.
  • icon_check Monte Carlo Simulation
    Uses probabilistic models to forecast trading outcomes in uncertain conditions.

Risk Management

  • icon_check Performance Analytics
    Tracks portfolio and trade performance through returns, drawdowns, and risk measures.
  • icon_check Risk Calculator
    Estimates potential profit/loss scenarios based on trade size and risk percentage.
  • icon_check Position Sizing Calculator
    Determines the appropriate trade size based on risk tolerance and market conditions.
  • icon_check Diversification Analysis
    Analyzes portfolio risk by evaluating asset allocation and exposure to different sectors.
  • icon_check Stop-Loss Automation
    Automatically implements stop-loss rules to limit potential trading losses.
  • icon_check Maximum Drawdown Analysis
    Measures the largest peak-to-trough decline in a portfolio's value.

Trading Options

  • icon_check Paper Trading
    Practice trading without risking real capital using simulated environments.
  • icon_check Intraday Trading
    Buy and sell stocks within the same trading day to capitalize on short-term movements.
  • icon_check Derivative Trading
    Trade derivatives like options, futures, and swaps based on underlying assets.
  • icon_check Algorithm Trading
    Executes trades based on pre-set algorithms without manual intervention.
  • icon_check Options Trading
    Allows the buying/selling of call and put options for speculative or hedging purposes.
  • icon_check Futures Trading
    Trade contracts to buy or sell assets at a future date at predetermined prices.
  • icon_check Forex Trading
    Enables trading in currency pairs based on fluctuations in the foreign exchange market.
  • icon_check Crypto Trading
    Buy/sell cryptocurrencies like Bitcoin and Ethereum on dedicated platforms.
  • icon_check Automatic Trading
    Uses automated systems to execute trades according to predefined criteria.
  • icon_check Rotational Trading
    Alternates investments between sectors, asset classes, or strategies based on market trends.
  • icon_check Spread Trading
    Speculative trading of the price difference between two assets.
  • icon_check Swing Trading
    A strategy that captures shortto medium-term gains from price swings.

Reporting & Analytics

  • icon_check Dashboards
    Visual displays of key metrics like portfolio performance, risk levels, and trade history.
  • icon_check Portfolio Tracking
    Real-time tracking of your investments, including value, returns, and allocations.
  • icon_check Risk Analytics
    Analyzes portfolio risks by measuring volatility, drawdowns, and exposure.
  • icon_check Customizable Reports
    Tailored reports to analyze performance, tax implications, or investment behavior.
  • icon_check Trade Performance Attribution
    Breaks down the source of trading gains or losses for better analysis.

Account Management

  • icon_check Multi-Factor Authentication (MFA)
    Adds a second layer of security to protect accounts from unauthorized access.
  • icon_check Customizable User Interface
    Allows users to personalize the layout and appearance of the platform.
  • icon_check Account Summary Reports
    Provides detailed summaries of account balances, holdings, and transactions.
  • icon_check User Access Management
    Controls who can execute trades, view reports, or manage funds based on assigned privileges.
  • icon_check Audit Trail
    Tracks and logs user activity to maintain compliance and security.

Integrations

  • icon_check Multi-Language Support
    Provides the ability to use the software in various languages for global accessibility.
  • icon_check Third Party Integration
    Supports tools like research platforms, analytics software, and financial news services.
  • icon_check Market Data Integration
    Links the platform to real-time market data feeds for timely trading decisions.
  • icon_check Brokerage Integration
    Connects to brokerage accounts for seamless trading and order execution.
  • icon_check Cloud Data Integration
    Stores and accesses trading data through cloud services for scalability.
  • icon_check API Integration
    Connects with external APIs for custom trading, data feeds, or system automation.
  • icon_check Social Media Integration
    Connects with social platforms to track sentiment, discussions, and trends.

Alerts & Notifications

  • icon_check Price Alert
    Notifies users when stock prices reach a specific target or threshold.
  • icon_check Push Notifications
    Sends updates directly to mobile devices for timely decisions.
  • icon_check Volume Alerts
    Signals abnormal trading volume, indicating potential market movements.
  • icon_check Real-Time Market Updates
    Sends alerts on price changes, market movements, and breaking news.
  • icon_check News Alert
    Delivers important financial news related to specific stocks or sectors.
  • icon_check Sentiment Alerts
    Notifies users of changes in market sentiment based on social or news analysis.
ProRealTime Demo Video play icon

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Watch the demo video to explore key features, real workflows, and how the software fits your business needs.

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ProRealTime Specifications

Supported Platforms
Ubuntu Ubuntu Windows Windows MacOS MacOS Linux Linux
Devices
Desktop Desktop
Deployment
Cloud-Based Cloud-Based Perpetual Perpetual
Suitable For
Stock Market
Business Specific
Traders Finance Services
Business Size
Small Business Startups Medium Business Enterprises Freelancers
Customer Support
Phone Email Communities
Language
English français Deutsche Italiano Español
Integration
API Integration
Training Resources
Documentation Videos

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ProRealTime Reviews

4.1

Out of 5

img

Overall Rating

Based on
10 Verified Reviews

Rating Breakdown

  • Features 4.3
  • Value for Money 4.2
  • Ease of Use 4
  • Customer Support 4.0

87% Recommend this Product

Add Review

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."

    Nitin Sikri Jul 11, 2024

Cons

  • "The paper trading is close to real, but the simulations can feel slightly different from actual market reactions. "

    Sunita KhuranaSep 12, 2024

  • "There’s a slight delay when executing orders on peak trading days, which can be a bit frustrating. "

    Anjan Jul 19, 2024

  • "For a beginner, the vast selection can be overwhelming, and it can be hard to know where to start without guidance. "

    Faizan ShekhJul 12, 2024

Faizan Shekh

Accountant

Industry: SAAS User since: 1-2 years

4.1

Reviewed on: 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.

Switched from Spider ACE

Reason to switch

I needed a tool with more flexible indicators for learning and experimenting with technical analysis, which ProRealTime provides well.

Anjan

Accountant

Industry: SAAS User since: 1-2 years

4.1

Reviewed on: 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.

Switched from Esignal

Reason to switch

I wanted a platform where I could place and monitor orders in one place without additional tools.

Sunita khurana

Accountant

Industry: SAAS User since: 1-2 years

4.1

Reviewed on: 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.

Switched from Esignal

Reason to switch

I wanted a safer environment to test new strategies before putting in actual money.

See All ProRealTime Reviews

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Articles for ProRealTime

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Is ProRealTime available for free or any free trial?

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.

What language does ProRealTime use?

The scripting language of ProRealTime is ProBuilder.

Is ProRealTime a broker?

No, ProRealTime is not a broker but a multi-broker trading platform.

What brokers are supported by ProRealTime?

There are mainly two types of brokers supported by ProRealTime-Interactive Brokers and Saxo Bank.

How to backtest on ProRealTime?

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.

How do I add an indicator to Prorealtime?

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.

How can I set alerts in ProRealTime?

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 Questions

A:

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.

Harsh Oct 3, 2024
A:

There are several tools and features available in ProRealTime to analyze technical parameters. A few of them are:

  • Custom Script
  • Backtesting
  • Genetic Algorithm
  • Grid Search
Namrata Sahani Oct 3, 2024
A:

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.

Naveen Mehta Oct 3, 2024
A:

Yes, ProRealTime offers a variety of proprietary technical indicators and analysis tools including customizable indicators, pattern recognition tools, advanced charting tools, and many others.

Anirudh Dhawan Oct 3, 2024
A:

ProRealTime offers some features to optimize your trading strategies for volatility trading. They are:

  • Use Volatility Indicators
  • Implement Option Strategies
  • Backtest & Optimize
  • Monitor Market Conditions
  • Consider Risk Management
Karan Syal Oct 3, 2024
See All ProRealTime Questions

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Terms and Condtions

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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.