futures-trading Intermediate

PickMyTrade vs TradersPost: Which Futures Automation Platform Wins?

Sentinel Team · 2026-03-23

Key Takeaways

PickMyTrade and TradersPost are the two most popular signal relay platforms for futures traders. Both convert TradingView alerts into live broker orders, but they differ significantly in pricing, broker support, feature depth, and target audience.

If you are choosing between these two platforms, this comparison will help you decide based on your specific trading needs, budget, and the brokers you use.

What Are Signal Relay Platforms?

Before diving into the comparison, it is important to understand what signal relay platforms do and do not do.

What they do:

What they do not do:

This distinction matters because the total cost and effectiveness of your automation setup depends on the signal source you pair with the relay platform. Both PickMyTrade and TradersPost require an external signal generator.

If you want a platform that includes backtesting and strategy building in addition to execution, see our best futures trading bot comparison.

Pricing Comparison

Pricing is where these platforms diverge most sharply.

PickMyTrade Pricing

| Plan | Monthly Cost | Strategies | Accounts | Features |

|---|---|---|---|---|

| Standard | $50/mo | Unlimited | Unlimited | Full feature access |

PickMyTrade keeps pricing simple: one plan at $50/month with no limits on strategies, trades, or connected accounts. There are no tiers, no upsells, and no per-account charges.

Total cost with TradingView: $50 (PickMyTrade) + $24.95 (TradingView Essential) = $74.95/month

TradersPost Pricing

| Plan | Monthly Cost | Live Accounts | Asset Classes | Strategies |

|---|---|---|---|---|

| Free | $0 | 0 | 1 | 1 |

| Starter | $49/mo | 1 | 1 | 3 |

| Growth | $149/mo | 3 | All | 10 |

| Pro | $299/mo | Unlimited | All | Unlimited |

TradersPost uses a tiered pricing model. The Starter plan ($49/month) limits you to 1 live account and 1 asset class. Adding a second account costs $10/month extra. To get unlimited accounts and strategies comparable to PickMyTrade's $50 plan, you need the Pro plan at $299/month.

Total cost with TradingView (Starter): $49 (TradersPost) + $24.95 (TradingView Essential) = $73.95/month (but limited to 1 account)

Total cost with TradingView (Pro): $299 (TradersPost) + $24.95 (TradingView Essential) = $323.95/month (unlimited)

Cost Verdict

For futures traders running multiple strategies or accounts, PickMyTrade costs $50/month where TradersPost costs $299/month for equivalent capability. That is a $249/month difference -- nearly $3,000/year. PickMyTrade wins decisively on pricing for futures-focused traders.

Broker Support Comparison

Broker compatibility can be a dealbreaker depending on which prop firm or brokerage you use.

PickMyTrade Broker Support

PickMyTrade's exclusive support for Rithmic, ProjectX, TradeLocker, and Match-Trader is a significant competitive advantage. If you trade on TopstepX (which uses ProjectX), PickMyTrade is one of your only signal relay options.

TradersPost Broker Support

TradersPost supports more asset classes but fewer futures-specific brokers. Notably, TradersPost does not support Rithmic or ProjectX, which means it cannot connect to TopstepX's native API or Rithmic-based prop firms.

Broker Verdict

For futures prop firm traders, PickMyTrade's exclusive broker support is the clear winner. For multi-asset traders who need stocks and crypto alongside futures, TradersPost offers broader coverage.

Feature Comparison

Signal Processing

PickMyTrade:

TradersPost:

TradersPost accepts signals from more sources and offers more sophisticated signal processing. PickMyTrade is TradingView-only but handles that integration very well.

Order Management

PickMyTrade:

TradersPost:

TradersPost has more advanced order types and conditional logic. For straightforward futures automation, PickMyTrade covers all essential order types.

Execution Speed

PickMyTrade: Approximately 200ms from TradingView alert to broker order fill. This includes TradingView webhook delivery, PickMyTrade processing, and broker order submission.

TradersPost: Execution speed varies by plan tier. The Pro plan includes priority execution. Typical latency is comparable to PickMyTrade for standard operations, though exact benchmarks are not publicly available.

For day trading futures where speed matters, both platforms are fast enough for most strategies. Neither is suitable for HFT (high-frequency trading) where microsecond latency matters.

Monitoring and Logging

PickMyTrade:

TradersPost:

TradersPost offers more sophisticated monitoring and analytics, including the paper trading mode that lets you test signal flow without placing real orders.

Use Case Comparison

Use Case 1: Prop Firm Futures Trader on TopstepX

Winner: PickMyTrade

PickMyTrade supports ProjectX (TopstepX's broker infrastructure) while TradersPost does not. If you trade on TopstepX, PickMyTrade is your primary signal relay option. The $50/month price point is also significantly lower.

Use Case 2: Prop Firm Trader on Tradovate-Based Firms

Winner: PickMyTrade

Both platforms support Tradovate, but PickMyTrade's unlimited accounts at $50/month beats TradersPost's tiered pricing. If you are running the same strategy on multiple Tradovate-based prop firm accounts, PickMyTrade is substantially cheaper.

Use Case 3: Multi-Asset Portfolio Trader

Winner: TradersPost

If you trade futures, stocks, and crypto and want one platform to relay signals for all asset classes, TradersPost is the better choice. PickMyTrade focuses primarily on futures.

Use Case 4: Developer with Custom Signal Source

Winner: TradersPost

TradersPost accepts custom API webhooks with configurable JSON payloads. If you generate signals from your own Python script, trading system, or AI model (not TradingView), TradersPost's flexible signal input is better suited.

Use Case 5: Budget-Conscious Beginner

Winner: PickMyTrade

At $50/month with no account or strategy limits, PickMyTrade is the most cost-effective entry point for automated futures trading. TradersPost's free tier is too limited for real trading.

The Missing Piece: Backtesting

Neither PickMyTrade nor TradersPost includes a backtesting engine. This is their shared weakness. You must validate your strategy before deploying it, and neither platform provides the tools to do so.

Your options for backtesting:

  1. TradingView's built-in strategy tester: Basic backtesting using Pine Script. Limited to TradingView's data and simplified PnL calculation (not tick-based).
  2. NinjaTrader: Powerful backtesting but requires C# programming and desktop installation.
  3. Sentinel Bot: Tick-based futures backtesting with visual strategy builder, specifically designed for CME contracts. Try the free trial.

If you want an all-in-one platform that includes backtesting, strategy building, and execution without relying on TradingView, Sentinel Bot fills the gap that both PickMyTrade and TradersPost leave open.

Learn more about backtesting futures strategies in our step-by-step guide.

When to Choose Neither

Signal relay platforms work well for traders who already have profitable TradingView strategies. But if you are still developing your trading approach, a signal relay adds cost without adding value.

Consider a full-stack platform instead of a signal relay if:

Our PickMyTrade alternatives guide covers additional options beyond signal relay, including full-stack platforms.

Final Verdict

PickMyTrade is the better choice for most futures traders. It costs 83% less than TradersPost's comparable tier ($50 vs $299), supports more futures-specific brokers (including exclusive Rithmic and ProjectX), and delivers fast execution. If you trade futures on prop firms, PickMyTrade is the clear winner.

TradersPost is the better choice for multi-asset traders who need stocks, options, and crypto alongside futures. Its higher price buys flexibility across asset classes and signal sources.

Neither is the best choice if you need backtesting. Both platforms assume you have a tested strategy ready to deploy. If you are still developing and validating your approach, start with a platform that includes backtesting (like Sentinel Bot) before committing to a signal relay subscription.

Want backtesting plus execution in one platform? Sentinel Bot includes what PickMyTrade and TradersPost leave out: a tick-based backtest engine and visual strategy builder for CME futures. Start your free trial -->

FAQ

Q: Can I use PickMyTrade and TradersPost simultaneously?

Yes, there is no technical conflict. You could use PickMyTrade for futures on Rithmic/ProjectX and TradersPost for stocks on Alpaca. However, this adds cost and complexity. Most traders choose one platform.

Q: Does PickMyTrade support options trading?

No. PickMyTrade focuses on futures and forex. For options automation, TradersPost or a dedicated options platform is needed.

Q: Can I switch from TradersPost to PickMyTrade mid-month?

Yes. Both platforms are month-to-month subscriptions with no long-term contracts. Cancel one and subscribe to the other at any time. There is no migration tool -- you will need to reconfigure your TradingView alerts for the new webhook URL.

Q: Which platform has better customer support?

Both offer support through their respective channels. PickMyTrade has an active community and responsive support team. TradersPost provides documentation, email support, and a knowledge base. Neither offers phone support.

Q: Do these platforms work with TopstepX?

PickMyTrade works with TopstepX through ProjectX. TradersPost does not support ProjectX and cannot connect directly to TopstepX. TradersPost can only connect to Tradovate-based firms.

Q: What happens if TradingView goes down while my bot is trading?

Both platforms depend on TradingView for signal generation. If TradingView has an outage, no new signals will be sent. Existing orders (stop-loss, take-profit) that are already placed at the broker remain active. But no new entries will occur until TradingView recovers. This dependency is a structural risk of all signal relay platforms.


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Disclaimer: This article is for educational purposes only. Pricing and features are accurate as of early 2026 but may change. Always verify current pricing directly with each platform. Trading futures involves substantial risk of loss and is not suitable for all investors. Past performance does not guarantee future results.