Investfly: A Universal Robot that Trades on Any Market.

After trying so many bots that only trade either crypto or stocks, my long search is finally over. I’ve found Investfly – a unique platform with an algorithmic bot that handles stocks, forex, and crypto. For me, it’s the perfect blend of simplicity, accessibility, universality, and functionality. In this compact review, I’ll briefly cover all the platform’s capabilities, but it will be enough to launch a bot on any market.

Overview, Location, and Age

Investfly is a sophisticated algorithmic trading platform founded in 2014. The company is based in California, USA, and specializes in providing automated trading solutions for retail investors. Its core mission is to simplify algorithmic trading, making it accessible for all levels of traders—from beginners to professionals. This bot service is often recognized as one of the best trading bots due to its easy-to-use drag-and-drop interface combined with advanced Python scripting capabilities, allowing both non-coders and technical users to build customized trading strategies effortlessly.

What truly distinguishes Investfly is its blend of automation versatility and community features, supporting multi-asset trading across stocks, ETFs, cryptocurrencies, and forex. This all-in-one approach, combined with broker integrations and comprehensive backtesting tools, makes it highly popular among algo traders.

Feature Comparison Table

This quick video walks you through the platform’s features.

Types of Bots Provided and Platform Integration

Service offers robust support for two main types of trading bots:

• No-Code Bots: Created via a visual drag-and-drop strategy builder with intuitive setup, ideal for traders without programming skills.
• Python-Based Bots: For advanced users, Investfly supports full Python scripting along with libraries like NumPy and Pandas, enabling highly customized algorithms.

Interface and Integration

The platform features a clean, web-based interface accessible from any browser, eliminating software installation hassles. It integrates seamlessly with popular trading tools:

• TradingView: Although direct integration is limited, users can leverage TradingView alerts with Investfly strategies.
• MetaTrader 4/5 (MT4/5): Platform doesn’t natively integrate with MT4/5 but connects to brokers that support these platforms.
• Broker Integration via API: Service supports direct API integrations with brokers like Tradier, Alpaca, TastyTrade, and OANDA, allowing real-time trading execution through secure API tokens.

Connecting to Brokers

Connecting Investfly to a brokerage account is straightforward and secure. The platform supports OAuth flows and API token authentication to link to compatible brokers without exposing user credentials directly. Users can manage multiple broker accounts from within the Investfly dashboard with different permission levels.

Supported Brokers

• Tradier (commission-free API, no minimum balance)
• Alpaca (advanced order types with global market access)
• TastyTrade (retail broker with research and educational tools)
• OANDA (forex broker)

This connectivity allows users to deploy automated strategies live or execute manual one-off trades seamlessly.

Services, Features, and Unique Selling Points

Investfly distinguishes itself by offering a comprehensive suite of services:

• Automated Strategy Building: Build algorithms visually or with Python.
• Backtesting: Historical data over 20+ years lets traders rigorously test strategies before live deployment.
• Virtual Portfolio: Paper trading simulator for risk-free practice.
• Stock Screeners and Alerts: Technical filters and real-time notifications.
• Social and Educational Tools: Community forums, cloning/following strategies, and trading competitions.

Trading Strategies and Settings

The platform supports diverse trading strategies such as momentum, mean reversion, breakout, and volatility-based strategies. Users can configure:

• Entry/exit rules
• Trailing stops
• Partial take profits
• Risk management parameters

Backtesting capabilities enable evaluation of strategy performance over historical market conditions, enhancing confidence before live execution.

Mobile Application Availability

This bot service provides mobile apps for iOS and Android platforms, enabling traders to monitor their strategies, receive alerts, and manage settings on the go, ensuring continuous connection to markets and trading bots.

Pricing and Subscription Plans

Platform offers flexible subscription pricing to suit various user needs:

All paid plans include a 7-day free trial without a credit card requirement. The affordable pricing makes Investfly accessible for both beginners and professional traders seeking automated trading solutions.

In this context, it’s worth mentioning a similar service that boasts a significantly simpler interface and a lower price (8$ Monthly)—Tradeadapter. It focuses on transmitting signals from TradingView to MT5, brokers, and exchanges. You can read a detailed review of this service in our article: Unleashing Algorithmic Power: The Ultimate Tradeadapter Review for Seamless TradingView to MT5 Integration.

Funding and Account Setup

To launch automated bots, users fund their brokerage accounts linked via Investfly. The platform itself does not handle funds or deposits, working solely as an interface to brokers. Most supported brokers allow various deposit methods such as bank transfers and online payments.

Investfly offers a free plan with limited features and virtual trading for beginners to start without financial commitment.

User Reviews and Feedback

Reviews of Investfly are predominantly positive, praising its ease-of-use, powerful automation, and community features. Users appreciate the no-coding strategy builder and the ability to test strategies before going live. Some negative feedback cites limited broker support and the platform’s unsuitability for high-frequency trading. Importantly, users are reminded that trading involves risks, and all decisions are made at their own discretion.

Conclusion and Disclaimer

Investfly is a versatile and accessible platform that democratizes algorithmic trading, making it easier for retail traders to automate workflows and optimize performance. Its combination of no-code tools, Python scripting, broker integration, and educational resources give it a competitive edge.

Disclaimer: Trading involves significant risk and may result in financial loss. Users should carefully evaluate strategies and risk tolerance before deploying automated trading bots. Success is not guaranteed. Always trade responsibly.

Wishing you successful algorithmic trading and smart investing with Investfly!

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