Edgeful

Our Take on edgeful

Trading Tool

edgeful was founded by André Arslanian, a former Goldman Sachs employee. The core features of edgeful are centered around statistical probabilities based on historical data. egeful currently supports over 3,000 assets in different asset classes like stocks, crypto, forex, and ETFs.

Users can use the integrated Report tool to click through trading strategies and apply those to their favorite assets to see how the strategy worked in the chosen back-dated period. This is easier to do than with other trading tools where you often have to code strategies yourself.

Let’s say you want to compare the profitability of the opening range breakout in the 15-minute time frame and the initial balance breakout from the first minutes of trading. If you want to see what day the strategies worked best, how far the breakout went before it retraced, what retracement levels were hit and what stocks performed the best, then edgeful is right for you.

Besides the Report feature, you can use the integrated screener, in-play section or watchlist.

Where edgeful clearly stands out from other tools is that many of the strategies are available for subscribers as TradingView and NinjaTrader coded versions for visualization purposes. This way, you see on the chart how the strategy works, what price levels are important, how the price moved, and it helps interpret the data.

The egeful Algos feature is the newest addition and lets you connect the edgeful software with your broker to automate trade entries and exits. This feature is still at the beginning, and currently, 3 strategies are supported. We expect more to come soon.

Interesting for prop traders: André completed a Topstep funded challenge in only 8 days making 8 trades using insights from his edgeful statistics. You can watch the video on YouTube https://www.youtube.com/watch?v=jMbowx1g2pc So, if you consider joining a prop firm, edgeful could help find the right trading strategy for futures to be used during a prop firm challenge.

edgeful Costs

The edgeful subscription is on the lower end for this type of trading tool. The monthly plan costs $49, and you can reduce the costs to $39 if you pay for a full year in advance.

The egeful Algos is where it gets expensive. The price tag is $299 per month (bundled price together with the regular edgeful features), and this investment should be carefully considered based on your trading strategy, broker, budget, portfolio, etc.

Brand Popularity

edgeful is at its beginnings, but the search volume for the brand name already ramps up.

Read Customer Reviews of edgeful.com

edgeful currently has a Trustpilot rating of 4.5 out of 5, based on 78 reviews, which is categorized as Excellent. 0 of those reviews are from people invited by the firm using Trustpilot’s supported invitation methods. 49 reviews have been submitted within the past 12 months, of which 4 are rated 1/5 or 2/5.