Contributor, Benzinga
November 15, 2024
Tickblaze
Overall Rating:
securely through Tickblaze's website

Tickblaze is a versatile, institutional-grade trading platform designed for discretionary and automated traders. As a hybrid platform, It logically integrates the best of both worlds, providing powerful tools and features for retail traders looking to manage their accounts or get funded by prop firms. With comprehensive support for multiple asset classes, including stocks, futures, forex and crypto, Tickblaze stands out as a one-stop solution for all trading needs.

Tickblaze offers unparalleled capabilities for automated traders with its advanced algorithmic trading features. The platform’s unique architecture facilitates strategy management, streamlining backtesting, optimization, visualization, and execution across various symbols, exchanges and time zones. Supporting both C# and Python script types, Tickblaze ensures high accuracy, speed and efficiency in executing complex multi-strategy portfolios. Its competitive edge extends beyond automation.

Discretionary traders will find Tickblaze equally robust, with offerings that rival popular platforms like NinjaTrader and MetaTrader. The platform provides a powerful charting package, multiple trading tools, and customizable workspaces, allowing traders to make informed decisions based on technical and fundamental market sentiment analysis. By combining discretionary and automated trading in a single, integrated platform, Tickblaze delivers a comprehensive trading experience that caters to diverse trading styles and preferences.

Pros
  • Advanced algorithmic trading capabilities
  • Extensive support for both C# and Python scripting
  • Comprehensive portfolio management features
  • Competitive discretionary trading solutions
  • Excellent customer support across multiple channels 
  • Developer-friendly API for custom development of indicators and algorithms
  • Easy-to-use UI making trading effortless
  • Open-source trading community for education, indicators and strategies
  • Broker neutral
  • Supports stocks, futures, forex and crypto
  • Free ‘real time’ market data
  • Flexible chart trading capabilities with TMS scripting
Cons
  • Might require a learning curve for beginners, but it also offers white glove service, an extensive onboarding process, dozens of training videos, free education and a community full of support

Tickblaze Ratings at a Glance

Customer Service
User Experience
User Benefits
Trust and Security
Overall

An Introduction to the Hybrid Platform

Tickblaze is a unique 2-in-1 trading platform that integrates discretionary and automated trading, providing a versatile tool for various trading styles and preferences. This hybrid approach offers traders the flexibility to switch between manual and algorithmic strategies, catering to both intelligent decision-making and data-driven trading methods.

Discretionary and Automated Trading Under One Roof

Tickblaze brings professional-grade technology to retail traders, bridging the gap between institutional needs and individual investor accessibility. Originally built for institutional use, the acquisition of Tickblaze's high-level technology is leveling the playing field for retail traders. The platform provides a comprehensive solution by combining discretionary and automated trading capabilities all in one. This dual approach allows traders to manage and execute trades across multiple asset classes, including stocks, futures, forex, and cryptocurrencies.

Tickblaze is also broker-neutral for multi-asset trading, allowing users to choose their preferred brokers without being tied to a single provider. This flexibility ensures traders can access the best market conditions and broker-specific advantages. Whether you're looking to manually manage your trades or automate your strategies for efficiency and precision, Tickblaze offers a seamless and integrated experience. This makes it an ideal choice for individual traders looking to manage their accounts and those aiming to get funded by prop firms.

IMG_5758

All of the Data You Need to Trade Included

Tickblaze stands out as the first trading platform to offer an all-inclusive data solution, providing traders with Level One and Level Two data across various asset classes, including stocks, futures, forex, and cryptocurrencies. The platform's decision to absorb the costs of market data reflects a commitment to its users, passing on significant savings to traders. By offering comprehensive data access at no additional charge, Tickblaze ensures that retail traders can leverage the same high-quality information as institutional players, thereby leveling the playing field and supporting more informed trading decisions.

The platform is powered by its strategic data provider DXfeed as an all-inclusive solution. It also supports multiple others, such as Rithmic, Polygon and IQFeed. These top-tier providers deliver accurate, real-time data, allowing traders to stay on top of market movements and make timely decisions. Whether you're analyzing market depth with Level two data or tracking real-time price movements with Level one data, Tickblaze ensures you have all the information you need.

Tickblaze offers a robust and reliable trading environment by integrating data from multiple reputable sources. This all-encompassing approach eliminates the need for traders to seek data from various providers, saving time and reducing costs. With Tickblaze, you get a coherent and efficient trading experience, backed by the most comprehensive and precise market data available.

IMG_5759

Broker-Neutral with Dozens of Integrations

Tickblaze provides a broker-neutral platform with extensive integrations, ensuring traders can connect with their preferred brokers across various asset classes. This flexibility is one of Tickblaze’s standout features, making it a highly versatile choice for traders seeking a comprehensive trading solution.

Current Integrations

Tickblaze is currently integrated with some of the most reputable brokers and data providers in the industry, including:

Interactive Brokers (IBKR): A globally recognized brokerage offering a wide range of assets, including stocks, options, futures, forex, and bonds. Interactive Brokers is known for its low fees, extensive market access, and robust trading platform.

DXfeed: As a leading market data provider, DXfeed specializes in delivering accurate and reliable real-time and historical data. This integration directly within Tickblaze supports equities, options, futures, and forex, ensuring that traders have the critical information they need at their fingertips.

Rithmic: Renowned for providing high-performance market data and order execution services, Rithmic is a top choice for futures traders who require low latency and high reliability.

DTN IQFeed: A leading provider of real-time and historical market data, IQFeed supports various asset classes, including equities, futures, and forex. It is known for its high data quality and extensive market coverage.

Polygon: A data provider specializing in real-time and historical market data for stocks, options, and forex. Polygon’s API offers fast and reliable data access, which is essential for developing and executing trading strategies.

Upcoming Integrations

Tickblaze continues to expand its integration capabilities, with several significant additions in the pipeline:

Binance: Currently in QA, Binance is one of the largest cryptocurrency exchanges globally, offering a vast selection of cryptocurrencies for trading. The integration with Binance will provide Tickblaze users with access to a comprehensive crypto trading platform, enabling them to trade a wide variety of digital assets.

Kraken: Also in QA, Kraken is a prominent cryptocurrency exchange known for its security, reliability, and advanced trading features. This integration will further enhance Tickblaze’s crypto trading capabilities, providing users with another robust option for their digital asset trading needs.

Coinbase: Following Binance and Kraken, Tickblaze will integrate with Coinbase, a leading cryptocurrency exchange known for its user-friendly interface and extensive selection of cryptocurrencies. This addition will make it easier for users to trade and manage their digital assets within the Tickblaze platform.

Oanda: For forex traders, Tickblaze is set to integrate with Oanda, a trusted name in the forex market known for its competitive spreads and advanced trading tools. This will provide users with reliable access to global currency markets.

CQG: Tickblaze plans to integrate with CQG, a leading gateway provider known for its high-performance trading solutions. This integration will enable users to connect with multiple futures and commodity markets, further expanding trading opportunities.

Charles Schwab (Formerly TD Ameritrade): Expanding into stock trading, Tickblaze will integrate with Charles Schwab, a major brokerage firm known for its comprehensive market access and powerful trading tools.

Access to Indicators, Algorithms and Educational Resources

Tickblaze stands out by offering an open-source platform with dual-language support for both C# and Python, catering to the needs of both traders and developers. This versatility fills the gap left by platforms like TradingView, which only supports PineScript. By bringing millions of dollars worth of intellectual property into the open-source domain, Tickblaze provides users with an extensive array of tools and resources that would otherwise cost a fortune.

Users can access hundreds of indicators and algorithms covering various trading strategies and techniques. From supply and demand analysis to order flow, volume profile, and smart money concepts (SMC), Tickblaze offers everything a trader could need. These resources are invaluable for developing and refining trading strategies, enabling traders to make informed decisions based on comprehensive data analysis.

Tickblaze fosters a growing open-source community, promoting collaboration and continuous learning among its users. With a button, traders and developers can easily access, install, and share free indicators, algorithms, and educational resources. This community-driven approach enhances the platform's capabilities and builds a strong social network around its technology, creating a vibrant Peer-to-Peer sharing community. Gone are the days traders had to break the bank for add-ons and tools needed to succeed. Tickblaze's open-source foundation ensures that users stay updated with the latest trading tools and techniques, making success in the markets more accessible.

IMG_5760

A Closer Look at Tickblaze Standard Desktop

The Tickblaze Standard Desktop is a powerhouse platform designed specifically for discretionary traders, offering a comprehensive suite of features that enhance the trading experience. Let's dive deeper into its standout functionalities and why it caters exceptionally well to this trading style.

Dual-User Interface: Chart Trading and TMS Integration

One of the most notable features of Tickblaze Standard Desktop is its dual-user interface, which includes a powerful chart trading component and the integrated Trade Management Scripts (TMS). This design allows traders to engage in both chart-based trading and advanced trade management seamlessly. The TMS functionality further enables traders to automate various aspects of their strategies, such as stop-losses, take-profits, money management, risk planning, and trailing stops. This automation not only enhances efficiency but also helps mitigate emotional biases in trading decisions.

Advanced Charting Capabilities

The platform boasts a powerful charting package equipped with various technical indicators, drawing tools, and customization options. With access to hundreds of indicators and drawing tools traders can conduct in-depth technical analysis tailored to their specific needs. The customizable chart layouts allow users to display critical information, making it easier to identify market trends and potential trading opportunities. This flexibility is essential for traders who rely heavily on technical analysis to inform their trading decisions.

Customizable Workspaces for Enhanced Flexibility

Tickblaze Standard Desktop excels in providing customizable workspaces, enabling traders to create and save multiple trading environments. This feature is particularly beneficial for those who engage in various strategies or monitor multiple markets simultaneously. Whether you're focused on equities, forex, futures, or other assets, the ability to switch between tailored workspaces ensures that you always have the optimal setup for your specific trading needs.

Trade Management Scripts (TMS)

The Trade Management Scripts (TMS) feature is a game-changer for discretionary traders. It allows for the automation of essential trading tasks, reducing manual intervention and helping traders stick to their plans. By automating aspects like order entry, risk management, and position adjustments, TMS helps streamline the trading process, making it easier to implement complex strategies with precision.

Advanced Order Types and Real-Time Data

Tickblaze Standard Desktop offers a variety of advanced order types, including market, limit, stop, and conditional orders. This variety provides traders with the tools they need to execute sophisticated strategies. The platform also delivers real-time market data, ensuring that traders have access to the latest information, which is crucial for making timely decisions in fast-moving markets.

Comprehensive Trade History Tracking

For those who value meticulous record-keeping, Tickblaze Standard Desktop includes comprehensive trade history tracking. This feature allows traders to review past trades, analyze performance, and refine their strategies. The detailed records can be invaluable for identifying strengths and weaknesses in one's trading approach, making it easier to make data-driven improvements.

IMG_5761

Tickblaze Standard Desktop Vs. the Competition

When compared to other prominent trading platforms like NinjaTrader, Quantower, and MetaTrader, the Tickblaze Standard Desktop offers several unique advantages that make it a standout choice for discretionary traders.

NinjaTrader

NinjaTrader is well-known for its advanced charting and trading tools. However, Tickblaze takes these features a step further with its dual-user interface, which integrates chart trading and Trade Management Scripts (TMS). This integration allows traders to execute trades directly from the chart while managing their strategies through scripts, providing a more streamlined and efficient trading experience. Additionally, while NinjaTrader has robust support for futures and forex trading, Tickblaze's broker-neutral platform supports a wider range of assets, including stocks, futures, forex, and cryptocurrencies, offering greater flexibility for traders.

Quantower

Quantower is recognized for its customizable interface and extensive market data support. However, Tickblaze surpasses Quantower's all-inclusive data solution powered by top-tier providers like DXFeed, Rithmic, Polygon, and DTN IQFeed. This ensures traders can access accurate and up-to-the-minute information across multiple asset classes. Furthermore, Tickblaze's open-source environment with dual-language support (C# and Python) provides traders and developers with a versatile and collaborative platform, which is a significant advantage over Quantower’s more rigid customization options.

MetaTrader

MetaTrader, particularly MT4 and MT5, is popular among forex traders due to its powerful algorithmic trading capabilities and extensive broker support. However, Tickblaze's Standard Desktop offers a more comprehensive suite of tools for discretionary traders, including over 200 prebuilt indicators, 65 drawing tools, and customizable workspaces. Moreover, while MetaTrader primarily focuses on forex and CFDs, Tickblaze's multi-asset support (stocks, futures, forex, and crypto) and broker-neutral approach provide traders with a broader range of trading opportunities. The ability to customize and save multiple trading environments in Tickblaze further enhances its appeal compared to the more fixed layouts in MetaTrader.

A Closer Look at Tickblaze Strategy Desktop

The Tickblaze Strategy Desktop is a powerhouse built specifically for automated trading. This advanced platform is designed to cater to both retail and institutional traders, offering unparalleled capabilities for strategy development and execution.

Built for Automated Trading

Tickblaze Strategy Desktop is purpose-built for traders who rely on automation to execute their strategies. The platform offers a comprehensive suite of tools that enable users to design and deploy sophisticated trading systems. It supports a wide range of assets, including stocks, futures, forex, and cryptocurrencies, making it a versatile choice for diverse trading portfolios. The platform’s user interface is highly intuitive, providing easy access to its powerful features and functionalities.

Strategy Development

At the heart of the Tickblaze Strategy Desktop is a robust environment for strategy development. Traders and developers can create highly customized trading algorithms using a variety of tools. The platform excels in providing access to advanced trading concepts such as order flow analysis, volume profiles, price action patterns, and supply and demand dynamics. These tools allow for the creation of nuanced strategies that can adapt to different market conditions.

The Strategy Desktop also supports multiple scripting languages, including C# and Python, giving users the flexibility to develop and test their strategies in the language they are most comfortable with. This dual-language support is particularly beneficial for developers looking to leverage existing codebases or frameworks.

Competitive Advantage

One of Tickblaze's significant competitive advantages is its Strategy Desktop's unique architecture, tailored to meet the demands of both retail and institutional traders. Unlike many platforms limited to a single trading strategy or market, Tickblaze supports the simultaneous backtesting and execution of hundreds of strategies across thousands of markets. Tickblaze is the only solution in the industry that offers portfolio-level algorithmic functions, setting a new gold standard for algorithmic traders in both B2C and B2B markets. This capability allows traders to diversify their approaches, optimize their portfolios, and manage risk more effectively, all without the constraints typically associated with other trading platforms.

Unmatched Scalability

A standout feature of Tickblaze Strategy Desktop is its unmatched scalability. The platform's infrastructure is capable of handling extensive computational tasks, making it possible to run multiple strategies concurrently across a wide array of markets. This scalability is crucial for institutional traders, hedge funds, and asset managers who need to manage large, diverse portfolios efficiently. Retail traders also benefit from this feature, as it allows them to explore various trading opportunities without being limited by the platform's capacity.

IMG_5762

Tickblaze Strategy Desktop vs the Competition

When it comes to automated trading platforms, Tickblaze Strategy Desktop stands out from the crowd, offering features and capabilities that outshine those of its competitors, including QuantConnect, NinjaTrader, and MetaTrader.

QuantConnect

QuantConnect is known for its extensive algorithmic trading capabilities and community-driven environment. It primarily caters to developers comfortable with coding. Tickblaze, on the other hand, provides an equally robust environment but offers dual-language support for both C# and Python, making it accessible to a broader range of traders.

NinjaTrader

NinjaTrader is a popular choice for many traders due to its powerful charting tools and customizability. It primarily focuses on discretionary trading, and while it does support automated trading, it lacks the extensive strategy management and multi-asset capabilities of Tickblaze. Tickblaze’s Strategy Desktop is built from the ground up to handle both discretionary and automated trading, providing a more integrated and versatile trading experience.

MetaTrader

MetaTrader, especially MetaTrader 4 and 5, is widely used for forex trading and offers a range of automated trading features through its Expert Advisors (EAs). MetaTrader's strength lies more in forex markets, whereas Tickblaze excels across multiple asset classes, including stocks, futures, forex, and cryptocurrencies.

A Closer Look at Tickblaze as a Company

Customer Service

Tickblaze excels in customer service, providing comprehensive support through multiple channels. Their commitment to high-quality, accessible customer service is evident in their approach:

Telephone Support: You can reach the Tickblaze team directly by phone at 708-872-3367, available Monday through Friday from 8 a.m. to 6 p.m. (EST). Unlike many competitors, Tickblaze avoids pushing users toward AI chatbots, offering a direct line to human representatives for those who prefer a personal touch.

Email and Online Ticketing: Tickblaze provides responsive email support and an online ticketing system for those who prefer written communication. Users can expect a recommended 24-hour response time, ensuring that queries are addressed promptly and effectively.

Social Media and FAQ: Tickblaze maintains an active presence on Instagram, LinkedIn, X, Facebook, and YouTube, offering additional support and engagement channels. Their comprehensive FAQ page also provides quick self-service solutions to common questions.

TrustPilot: NeuroStreet, the parent company of Tickblaze, has a strong reputation on TrustPilot, reflecting high customer satisfaction and positive feedback on their service quality.

Canadian-based Response Team: The dedicated support team, based in Canada, ensures that response times are quick and queries are resolved efficiently, reflecting the company’s commitment to excellent customer service.

User Experience

Tickblaze provides an exceptional user experience, boasting an intuitive and user-friendly website layout. The clean design and organized menus make navigation effortless, streamlining access to essential features and ensuring a smooth and efficient trading experience.

Tickblaze goes beyond a simple trading platform by offering comprehensive learning resources and access to vital trading tools through its vendor market. The active community forum for peer-to-peer interaction and knowledge sharing significantly enhances the user experience. Whether you're a beginner or an experienced trader, the platform caters to your needs with video tutorials, detailed wiki documentation, and user guides. These resources ensure that users become thoroughly acquainted with the platform and its tools quickly and efficiently.

For beginners, Tickblaze provides a nurturing onboarding sequence via email, getting you up and running in less than five minutes. With immediate integration into free trading classrooms with instructors and access to the community, software, and resources, you can connect to data and start trading almost instantly.

While Tickblaze is primarily designed as a desktop trading platform to leverage its advanced features and robust performance capabilities, its website is mobile-friendly, offering essential functionality on the go. This design choice prioritizes the complex needs of professional and high-frequency traders who benefit from the platform's comprehensive desktop application.

IMG_5763

User Benefits

Tickblaze is built on an open-source scripting environment, integrating both discretionary and automated trading systems. This flexibility allows traders to edit scripts on the fly, create their own, and download scripts shared by other traders.

Tickblaze, owned by Neurostreet, benefits from its parent company's extensive expertise and is part of a larger infrastructure of trading companies. This integration into all major prop firms and funding companies ensures that traders have access to a robust support network and ample resources, enhancing their trading experience and opportunities.

Trust and Security

Tickblaze isn’t a broker or broker-dealer, so it doesn’t have access to your funds or investment capital. The platform uses advanced encryption protocols to keep your personal information and sensitive data, including payment details, safe and secure when stored and during transmission. Tickblaze does not share, sell or lend your data to a third party without your consent except in compliance with judicial precedents. You can review the platform’s privacy policies to better grasp its approach to protecting your data and your responsibilities.

B2B Applications

Tickblaze is an ideal solution for brokers, hedge funds, and prop firms looking to integrate advanced trading technology into their business. The platform's comprehensive features cater to professional trading needs, offering powerful tools for strategy development, backtesting, and execution.

With Tickblaze's scalable and customizable solutions, partners can enhance their trading operations and offer their clients top-tier services. Visit Tickblaze B2B to learn more about how Tickblaze can elevate your business.

IMG_5764

Vendor Network

Tickblaze's vendor network features a range of educators, influencers, and developers, including notable partners like ARC-A.I and Neurostreet. These collaborators offer a wealth of trading knowledge through schools, courses, and educational resources. Tickblaze provides an infrastructure that not only markets these partners but also drives its audience to them, opening up classrooms for vendors to teach. This collaborative approach enhances the learning experience for traders and gives vendors valuable visibility and exposure on Tickblaze's platform and beyond, fostering mutual growth and success.

Overall

Like every other sector, the financial market is evolving at breakneck speed. Discretionary and automated traders need a robust platform to optimize their manual or automated strategies in a fast-changing market. The same is true for semi-automated and discretionary traders.

Tickblaze stands out as an excellent choice. In addition to its cutting-edge trading platform, it supports a wide range of assets and offers advanced discretionary and automated trading tools. Moreover, it fosters learning and information sharing via its open-source P2P community. Whether you’re a beginner or an experienced trader, Tickblaze is worth considering.

Frequently Asked Questions

Q

Does TickBlaze Support Discretionary and Automated Trading?

A

TickBlaze is a hybrid 2-in-1 platform with support for both discretionary and automated trading.

 

Q

Do You need to Purchase Market Data to Use TIckblaze?

A

No, Tickblaze comes with free access to real-time data for stocks, futures, FX, and crypto.

 

Q

Are There Training or Tutorial Videos to Help Learn the Tickblaze Platform?

A

Tickblaze has a series of tutorials on how to use its platform on YouTube and also has a comprehensive learning center (in the form of a wiki) full of information for customers.

 

Q

Where Can You Download the Tickblaze Free Trial?

A

You can download the Tickblaze free trial on Tickblaze’s website. It’ll get you full access to its hybrid trading platform with delayed data (upgrade to a paid account for real-time data).

Submit Your One Minute Opinion

How do you like Tickblaze?