The idea is to make "Profitable Trading" achievable to everyone by overcoming the common problems faced by people (viz. lack of market knowledge, no access to automation, trading with emotions, lack of time) by bringing the best of technology & stock market research to them. We believe, people shouldn't necessarily know about Stock Market knowledge or programming to do trading. Anyone with capital, even say 100 bucks, should be able to trade and make profits.
AlgoBulls is a Trading Platform which provides Fully Automated Algorithmic Trading & ready-to-use market Stock Market Knowledge.
AlgoBulls has made a revenue of more than 25K USD so far from the sale of its products.
Primary Customers - Anyone trading or interested in trading in the Stock Markets are the company's customers. There are 35M demat accounts (i.e. registered traders) in India as of end of 2018 & all of them can be the company's potential customers. Plus, AlgoBulls has inspired many non-traders to become traders.
Traders can onboard the company's trading platform. The company connects to the exchanges via the customer's brokers (which support api based trading).
Secondary Customers - Sub-brokers of various broking houses who individually manage their customer portfolios are the company's secondary customers.
Problem or Opportunity
Most traders are unable to profitably trade in the Stock Markets for one of these reasons - 1. Lack of credible market knowledge 2. Unable to instantly & consistently grab opportunities in a complex, ever-changing market 3. Trading with emotions 4. Lack of time for trading.
This is where AlgoBulls adds in tremendous value to the customers by overcoming these challenges by providing Fully Automated Algorithmic Trading & ready-to-use market Stock Market Knowledge. (in the form of plug-&-play algorithmic trading strategies).
Solution (product or service)
Online Marketplace - Algobulls' online marketplace has numerous ready-to-use algorithmic trading strategies a.k.a. 'Strategy Cards' developed by experts. Users can very easily choose an appropriate strategy, based on their desired profits & risk appetite, & connect these strategies with their broker accounts to start trading in few minutes. The strategy cards have everything-the-user-needs-to-know-about-trading!
Fortune Funds - Fortune Funds is a premium membership product where we provide premium service - exclusive high-return strategies, dedicated risk managers, premium strategy builder tools.
Strategy Builder - Strategists use Strategy Builder to develop & test new strategies, which can also get added to marketplace after they pass quality checks.
Indian Space -
Advantages or differentiators
Against Streak, AlgoBulls' provides ready-to-use stock market knowledge created by experts, marketplace, 100% automation, and don't expect the customers to know market knowledge. Even layman customers can use our products.
Against Quantopian, Quantiacs & Quantconnect - AlgoBulls' provides marketplace of ready-to-use-knowledge (i.e. trading strategies), real trading with 100% automation. AlgoBulls' also offers an Algorithmic Trading Strategy Pool, but in a much simpler way so that anyone can use it, whereas for using Quantopian's pool, one needs to know coding as well as stock market knowledge. Even layman customers can use our products.
It's a commission & premium membership business. The company gets a small fraction of traded value as commission, for every trade punched on the exchanges via the company's trading platform. This is a recurring revenue stream. The company also gets a significant revenue from the subscription based membership model of "Fortune Funds" product.
HOW WE PROVIDE OUR CUSTOMERS WITH READY-TO-USE MARKET KNOWLEDGE -
1. Expert in-house strategists: We do in-depth Market Research
2. Strategy Pool: We create ready-to-use strategies suitable for every
customer’s risk appetite. Each strategy is backed
with promising backtested data.
3. Better Returns: Our rigorously tested strategies provide
HOW WE PROVIDE OUR CUSTOMERS WITH TECHNOLOGY EDGE -
1. Full Automation: No human intervention during live trading
from start to end
2. State-of-the-art Tech: Highly Scalable, High Availability, Low Latency systems
3. Proven & Rigorously Tested: High reliability systems
4. Plug & Play Strategies: Customers can easily connect any strategy with their account
5. Uncompromised Risk Management: Our systems continuously monitor customer accounts to ensure risks are accounted for at all times
6. Easily Configurable: Customers can configure systems
to suit their trading needs
7. Global Markets: Built for all exchanges on the globe
8. Global Community: Customers can use strategies created by anyone on the globe
9. Transparent: Complete visibility on which stocks are being traded
10. Secured Money: Customers’ money is secured in their broking accounts
The key risk to our business model is the stock market performing in a haphazard fashion and not following any particular trend. This can cause our algorithmic trading strategies to not deliver the expected returns. We take adequate measure to build strategies with robustness to haphazard market movements to overcome this key risk.