Quantower is a versatile multi-asset trading platform offering extensive customization and analytical tools for traders of all levels. It supports various markets, including crypto, futures, and stocks, with connections to over 60 brokers and exchanges. The platform features advanced charting, real-time data, automated trading capabilities, and portfolio management tools. With its modular design and open API, Quantower caters to both manual traders and algo developers, providing a comprehensive solution for diverse trading needs.
Overview and Key Benefits
Quantower is a comprehensive multi-asset and multi-connect trading platform designed for traders of all levels. It offers a wide range of features for analysis and trading across various markets, including CFD, Futures, Options, Stocks, and Crypto exchanges. The platform's key benefits include:
- Highly customizable trading environment
- Over 40 trading and analytical panels
- Support for multiple asset classes
- Ability to connect to 60+ brokers, exchanges, and data feeds
- Simultaneous connection to different data providers
Quantower's strength lies in its flexibility and extensive feature set, allowing traders to tailor their workspace to their specific needs. However, the platform's complexity may present a learning curve for beginners.
Features and Functionalities
- Real-time market data and price tracking
- Advanced charting tools with customizable indicators
- DOM Trader for efficient order execution
- Time & Sales panel for detailed trade analysis
- Options trading tools, including Options Analyzer
- Automated trading capabilities with Strategies Manager
- Market replay for backtesting and strategy optimization
- Portfolio management and performance tracking
- Synthetic symbols creation for spread trading
- Historical data analysis and export
Competitive Advantages
Quantower sets itself apart with its modular system, allowing users to connect and use only the modules necessary for their needs. The platform's ability to support multiple asset classes and connect to various brokers and data feeds in one environment gives traders a significant advantage. The customizable interface and extensive analytical tools cater to both novice and professional traders, providing a comprehensive solution for diverse trading needs.
User Experience and Interface
Quantower offers a highly customizable interface where each panel is a separate function that can be placed on any screen. Users can organize panels in groups, binds, or workspaces to optimize their trading environment. The platform allows saving custom layouts as templates for quick access. While the extensive customization options provide flexibility, new users may need time to familiarize themselves with the interface and its capabilities.
Customization and Flexibility
The platform excels in customization, allowing users to:
- Arrange panels across multiple screens
- Create custom workspaces and panel groups
- Save and load layout templates
- Customize settings for individual panels
- Develop custom indicators and strategies using the open C# API
Integration and Compatibility
Quantower boasts integration with over 60 connections, including:
- Brokers: Interactive Brokers, Rithmic, CQG, and more
- Crypto exchanges: Binance, Bitfinex, BitMEX, and others
- Data feeds: dxFeed, IQFeed, CQG, and more
The platform supports trading on various markets and asset classes, including cryptocurrencies, futures, stocks, and options. Quantower is currently available for Windows OS only.
Pricing and Value Proposition
Quantower offers a free version with limited features and paid licenses for advanced functionalities:
- Free version: Basic features for analysis and trading
- All-in-One license: $70 per month (with discounts for longer periods)
- Individual feature packages available for purchase
The platform provides a 10-day money-back guarantee and offers discounts for longer subscription periods. A 7-day full-featured trial is available for new users.
Performance and Reliability
Quantower emphasizes fast and accurate order execution, transparency, and security. The platform's modular architecture allows for efficient performance across various trading activities. However, specific metrics on uptime or data accuracy are not provided in the available information.
Comparative Analysis
Compared to other trading platforms, Quantower stands out with its:
- Multi-asset and multi-connect capabilities
- Highly customizable interface
- Extensive range of analytical tools
- Support for both manual and automated trading
- Competitive pricing for the features offered
Suitability for Different User Segments
Quantower caters to various user segments:
- Crypto Analysts: Comprehensive charting and analysis tools
- Portfolio Managers: Multi-account management and performance tracking
- Quant Developers: Open C# API for custom feature development
- Day Traders: Real-time data and efficient order execution tools
- Algo Traders: Strategy development and backtesting capabilities
Community and Support
Quantower provides several community and support resources:
- Facebook community for user engagement
- YouTube channel for tutorials and updates
- GitHub repository for developers
- Support chat available within the platform
- Regular updates and release notes
The platform emphasizes community-driven development, with many features inspired by user requests.
