Do you need a technical analysis and stock trading software that allows you to trade with ease and confidence

With ProRealTime you will have advanced trading tools to get the most out of your system

Perform your technical analysis with precision, trade a wide variety of markets and instruments, use the simplest and most intuitive trading interface available and avoid the Pattern Day Trading rule for intraday trading

I want to open my free account!

We all know that trading is not an easy task, but when we have the right data in our hands, things start to become a little more clear.

In this ProRealTime review, we are going to be discussing everything we need to know about ProRealTime trading software and if we should take it into account for our future trades.

Could ProRealTime be the best online trading platform out there?

Let us find out!

What is ProRealTime Trading Software?

ProRealTime Trading is a charting software and trading platform with 20 years of experience and almost 1 million active users worldwide.

For many users, ProRealTime is considered one of the best trading platform for beginners and for advanced traders. But before telling if this is true or not, let us dive down a little more about this charting software…

ProRealTime Trading primary focus is technical analysis, They are not just a stock trading platform because they currently have available almost 600.000 financial assets to trade, including stocks, futures, forex, CDFs, cryptocurrencies, bonds, and commodities such as gold, silver among many others.

Who is ProRealTime Trading software for?

ProRealTime Trading Platform is for both swing traders and day traders that want to focus on their trades and want to work with an extremely configurable, visual, fast, and user-friendly charting software to manage their trades.

ProRealTime Trading is both a charting software and a trading platform that will allow you to trade the way you really want, with the data you need, and without any kind of restriction.

Among their most important features, they provide:

• An astonishing high amount of technical indicators to include in their graphs
• The possibility of programming our own technical indicators and filters
• A screener to filter for trading opportunities
• A backtesting feature to test our strategies and systems
• The possibility of launching automatic trading systems
• A Paper Trading, which is a ProRealTime Demo account
• A very detailed and transparent commission structure
• The customer service is excellent

The great thing about ProRealTime charting software is that opening an account is completely free and we will have instant access to the end-of-day market data in every single financial asset they have available. Also, you will have access to a 14 days free trial on real-time market data when you request.

You can create a free account by clicking here or in the image:

If you have already created a free account and want to get started, in this other article, we have a small guide to help you.

If you are still undecided and you want to learn more details about the multiple features of their free charting software, we will be breaking them down below.

ProRealTime Trading – Breaking Down The Most Important Features of this Online Trading Platform

ProRealTime Trading Software graphs and technical indicators

With ProRealTime Trading Platform, we will be able to consult the price and the state of any of the technical indicators and of any of the multiple assets they have available at their charting and trading software.

Here is an image of the ProRealTime Charts Stock Trading Platform

In the previous image, we can see a predefined list of financial instruments, the market level II plus the screener on the left side of the screen. Also, we have displayed two graphs in which we can see the stochastic indicator, the volume of the Japanese candlestick, and 5 exponential moving averages.

But that is a tiny part of the many technical indicators included in the free charting software. Here you can see a much more in-depth list of all of them.

An extensive list of some of the technical indicators of the online trading platform

As you can see, the ProRealTime indicators database is quite huge, and the great thing about these indicators is that every single one of them is totally configurable. We can change either color, the parameters, add color zones…

We can also create our own technical indicators if we want by programming them. They use a programming language that is quite similar to C, under the name of ProRealTime coding, and they have a complete manual in which they teach you how to use their coding language.

You can find it in this link, in their help & support section, along with their ProRealTime manual.

We also have our own technical indicators created with the ProRealTime code library because they help us trade just the way we want. If you want to download our free modified technical indicators for ProRealTime software, you can do so here:

Using ProRealTime Trading Screener

Apart from the basic filters such as the daily top movers and the premarket gappers, the ProRealTime online trading platform also includes a screener to help us filter for the trading opportunities that best suit our trading style.

The screener includes several predefined filters, but again, we can program our own filters by applying the conditions we want, in any time frame and over any financial instrument we want.

One of the most interesting features about ProRealTime Screener is that if you are not familiar with programming, there is a way to define the conditions of our filters by clicking on the graphs.

Here you can see the ProRealTime Screener

We believe the ProRealTime screener is one of the best features of this free charting software because we can combine any of the technical indicators we have created along with the screener, allowing us to trade what we want and need.

If you want to learn more about how to filter for trading signals using ProRealTime software, we have a complete guide here to show you everything you need to know.

ProRealTime Backtesting and ProRealTime Automated Trading modules

Being able to backtest our trading system is something vital if we want to know how viable is to use in the market.

ProRealTime software also includes a backtesting mode in which we can specify the trading system we want to test, add the entry and exit conditions and check how it performed.

To do so, we can either program the system ourselves or again, use their simplified feature to define our system by clicking on the graph and indicators and stating our conditions.

Backtesting our system with the online trading platform backtesting module

Once we run our backtested system, we will be able to see every single trade that the system took in the graphs, plus a detailed report of the complete trading strategy.

In it, we can see the percentage of the winning trades, the average gain and loss, the drawdown, and the max runup… absolutely every important metric that we need to categorize our system.

If we are happy with those results, with ProRealTime automated trading module, we can start the system so the program trades for us. In other words, if we want to, we will not need to be focusing on manual trading because this module will take care of absolutely everything for us.

Manual Trading in ProRealTime Trading Software

If you are like us and prefer to use a much more manual approach, with the manual trading tools ProRealTime Trading Software offer, you will have total control over the trades.

ProRealTime has a large variety of order types that we can launch into the market. Apart from the basic order types, such as the stop loss or the limit order, this trading and charting software offers us the possibility of creating our own order type.

For example, we have created an order that issues the following. We first launch a limit order into the market, and if this one is filled, immediately afterward two new “One cancel the other” orders will be issued. One of them is a stop loss and the other one is a limit order to take profits.

In that way, we always make sure to place both a profit and a stop loss just in case. Let us take a look at how would this order look like in the trading software.

Placing orders using the stock charting software, these orders are the same in other assets too

As you can see, the orders are displayed with a horizontal line in a very intuitive and visual way. Those orders that are active have a green color if they are long and red color if they are short. Those gray orders will activate once the entry limit order is filled.

Again, just like with the automatic trading module, we will be able to take a look at our profit and loss graph, and in general, at our complete trading system metrics and performance.

This is our last week performance using the ProRealTime stock trading platform

Brokerage integration and commission structure

To be able to trade in the markets, we will need a brokerage account to be able to issue orders into the market. ProRealTime Trading Software is partnered with three different and very well-known and reputed brokerage services so we can use the ProRealTime platform as an all-in-one solution.

These are the ProRealTime Brokers, they are a third party we can use to trade with this charting software

If we opened an account with ProRealTime, we will be able to choose one between their three third-party brokerages to issue orders in the market. We will launch the order with ProRealTime but the execution will be done using one of those three brokerages.

The great thing about this is that, depending on what financial instrument we want to trade, we will be able to choose the brokerage service that better suits our purposes.

Also, by using ProRealTime plus a brokerage service, we will benefit from discounts on the commissions of many of the financial assets.

For example, if we signed in with ProRealTime Interactive Brokers service, we will obtain a -1€ discount in commissions in every single trade, which in the long term is something quite significant.

This is the commission structure if we combine ProRealTime and Interactive Brokers and we trade stocks

Pattern Day Trading and ProRealTime

If we are looking to trade in the United States market, you may find that, in other brokerage services, you will not be able to perform day trades due to the Pattern Day Trading rule.

However, if we decide to open a brokerage account with ProRealTime Trading Software, we will NOT be subjected to the Pattern Day Trading rule, and we will be able to trade as much as we want, with no restrictions!

ProRealTime pricing

Let us now dive into the ProRealTime Software pricing. We need to differentiate between three types of accounts.

The Free Account – End of Day Version

The free account includes free and unlimited access to the Complete Version of the software

• Data updated at the end of the day after the market is closed
• It offers quite an extensive historical data
• A free 14 days trial of real-time market data

You can open your completely free account here.

The Real-Time Version without Trading

In this version, we will not be able to trade with ProRealTime, but we will have access to real-time market data in those markets we want. These are the prices for accessing the license.

This is the ProRealTime cost of the Real-Time Version without trading

As you can see, they offer quite a flexible structure of prices, and the more time we are subscribed to their data, the less we will be paying.

Once acquired the Real-Time Version without trading, we will need to pick which markets we want to have access to. The majority of the market data will cost 9€/11$ that we need to add to the license of the software.

For example, if we want the Complete software license with a monthly recurring subscription and access to the Nasdaq market, we will need to pay a total of 38.96€ / 47.53$ every month.

However, there is a way in which the ProRealTime Trading Software becomes completely free.

Real-Time Version With Trading

In this version, we need to open a brokerage account with one of the three services we saw before and we will have the complete platform for free during the first two months.

After that, if we are active in the market, every trade we open and close will reduce our monthly fee on the platform, just like the state on their page

These are the discount policies of the ProRealTime Trading Platform

These rebates are cumulative from one month to the other. In other words, if we are active traders, we will be able to use the platform completely for free!

Last Words about ProRealTime Trading Software and Charting Software

In this extensive ProRealTime Review, we have covered almost everything that this charting and trading software provides, from the technical indicators to the pricing of the online trading platform.

One of the things we like more about the ProRealTime Trading Software is the great variety of settings and features it has and their transparency when it comes to breakdown the commissions of their brokerages.

Their customer service will be willing to help you with every single question you may have, and that is something that not every service does!

We have been using it for three years now, and we could not be more satisfied with them!

So, yes, we believe this is one of the best platform for trading!

Try it out now by clicking here, it is free!