#
Getting StartedWe can’t wait to assist you in reaching new heights! To begin this exciting adventure, let’s walk you through the simple steps to get started:
Step 1: Sign Up#
The first thing you need to do is sign up for an account on our platform. This is super easy and only takes a few minutes. Just head over to our signup page and follow the instructions (verify your email, and that’s it).
The adventure begins as soon as you sign in to your account.
Step 2: Build Portfolios#
At Eigen FinTech, you have the option to create your own investment portfolio or let algorithms assist you with building a portfoliodo. It’s important to understand that our platform does not provide financial advice, and the functionality of the platform has not been customized to your specific financial situation, time horizon or risk tolerance.
If you choose to create your own portfolio, our platform provides you with valuable insights such as the risk level of your portfolio, whether the assets in your portfolio are moving in the same direction, and how far your assets’ weights are from the optimal point based on statistical models. This information can help you make informed investment decisions.
Not Available in Beta Version
Alternatively, you can provide us with some initial investment parameters such as your desired risk level, asset count, and trading interval, and our machine learning algorithms will generate a portfolio for you based on the factors you select. Our algorithms take into account a number of relevant factors, including insights gathered from your built portfolio, to maximize returns while minimizing risk.
Step 3: Paper Trading#
Paper trading is a great way to practice trading without risking any real money in a simulated environment. It can help you build confidence, gain experience, and refine your strategy before trading with real capital.
Our paper trading feature allows you to test your strategies on a single asset or your entire portfolio. You’ll receive real-time notifications of trades, including opening and closing positions, via your preferred method such as email, Discord, Telegram, and more. You’ll also get daily reports on your portfolio’s performance, allowing you to make any necessary adjustments. It’s an essential step for any trader looking to improve their skills and reduce risk.
Once you feel comfortable with your paper trading performance, you can move on to live trading with more confidence and a better understanding of how your strategy works in different market conditions.
Step 4: Strategies in Real Time#
In this step, you get to see how trading strategies perform in real-time on a given asset and time interval. You can watch the strategies as they are executed and see how they perform in different market conditions.
We provide graphs that show you how the strategies perform relative to the chosen asset’s price action in the last 500 data points. This helps you understand how the strategies might perform in the future, and you can use this information to make better trading decisions.
Step 5: Backtesting#
We offer a powerful backtesting that enables users to test their strategies on historical market data, generating hypothetical trades that would have been made during that time period. This enables users to identify the strengths and weaknesses of their strategies, make improvements, and evaluate the associated risks. With our backtesting feature, users can make data-driven decisions about their trading activities and improve their chances of success in the markets.