Pricing & Cost FAQ
What automated trading costs each month: platform pricing, TradingView plans, and your total setup cost.
Cost & Pricing
PickMyTrade costs $50/month or $500/year per broker login. Add a paid TradingView webhook plan and any applicable broker commissions, exchange or market-data subscriptions, and hosting costs. Each additional broker login requires its own PickMyTrade subscription.
Monthly subscription cost examples
| Component | Essential | Plus | Premium |
|---|---|---|---|
| PickMyTrade, one broker login | $50 | $50 | $50 |
| TradingView monthly equivalent | $12.95 | $29.95 | $59.95 |
| Subscription subtotal | $62.95 | $79.95 | $109.95 |
These are subscription subtotals, not all-in trading costs. TradingView is billed annually in these examples. Broker commissions and data fees depend on your account, instruments and permissions; confirm them with the provider. Interactive Brokers also needs TWS and the PickMyTrade IB application running and connected on an awake computer or hosted desktop; add hosting costs only if you choose paid hosting.
PickMyTrade plans · TradingView pricing. Prices and limits checked on November 12, 2026. Displayed TradingView prices are USD monthly equivalents billed annually; location, professional status, taxes and offers can change the checkout price.
TradingView Essential is the entry paid plan for webhook alerts; Plus, Premium and Ultimate provide larger technical-alert allowances. Basic does not include webhook automation. The counts below are technical alerts, separate from price and watchlist alerts.
| Plan | Displayed USD/month, billed annually | Webhooks | Technical alerts |
|---|---|---|---|
| Basic | USD 0 | No | — |
| Essential | $12.95 | Yes | 20 |
| Plus | $29.95 | Yes | 100 |
| Premium | $59.95 | Yes | 400 |
| Ultimate | $199.95 | Yes | 1,000 |
TradingView pricing. Prices and limits checked on November 12, 2026. Displayed TradingView prices are USD monthly equivalents billed annually; location, professional status, taxes and offers can change the checkout price.
Enable two-factor authentication on your TradingView account before using webhook alerts. See the official webhook setup requirements.
These examples compare subscription costs only. Add the variable costs listed below before estimating a full trading budget.
One broker login + TradingView Essential
PickMyTrade $50 + TradingView $12.95 = $62.95/month subscription equivalent.
Eligible prop-firm subaccounts under one login + TradingView Plus
PickMyTrade $50 + TradingView $29.95 = $79.95/month subscription equivalent. Additional subaccounts under the same login do not add another PickMyTrade subscription; the firm must permit the accounts and workflow.
Two broker logins + TradingView Premium
Two PickMyTrade monthly subscriptions + TradingView $59.95 = $159.95/month subscription equivalent. A separate broker login needs its own subscription even when accounts appear in one dashboard.
These are subscription subtotals, not all-in trading costs. TradingView is billed annually in these examples. Broker commissions and data fees depend on your account, instruments and permissions; confirm them with the provider. Interactive Brokers also needs TWS and the PickMyTrade IB application running and connected on an awake computer or hosted desktop; add hosting costs only if you choose paid hosting.
PickMyTrade plans · TradingView pricing. Prices and limits checked on November 12, 2026. Displayed TradingView prices are USD monthly equivalents billed annually; location, professional status, taxes and offers can change the checkout price.
PickMyTrade is not free forever, but it is free to try. Every account starts with a 7-day free trial that needs no credit card, so you can automate and copy real trades at no cost first. After the trial it is $50 per month or $500 per year, on one subscription with no per-account or per-trade fees.
No cloud trade copier is genuinely free forever. Free options come with trade-offs: broker-native copying like Tradovate Group Trade is free but only works within one login and cannot run TradingView alerts, and self-hosted scripts are free to download but need a paid 24/7 VPS. PickMyTrade instead gives you a 7-day free trial with no card, then a flat $50 per month or $500 per year with automation and multi-account copying included. See how the copier works on the trade copier hub.
The free trial lasts 7 days and does not require a credit card to start. You connect your broker and TradingView, run your own alerts, and copy live trades during the trial. Because no card is on file, you are not charged automatically when the 7 days end.
After the 7-day free trial, PickMyTrade is $50 per month or $500 per year. One PickMyTrade subscription covers eligible sub-accounts under one connected broker login, with no per-trade fees. Each additional broker login requires its own subscription, and managing accounts together in one PickMyTrade dashboard does not combine their subscriptions. Check the pricing page and Payments section for the applicable plan and connection. Automation runs in the cloud for all supported brokers and platforms except Interactive Brokers, so your own computer can be off and no VPS is required. For Interactive Brokers using TWS, keep TWS logged in and the PickMyTrade IB application running and connected during trading on your own computer or a hosted desktop. The computer hosting both applications must stay on and awake. If you use a hosted desktop, your own computer can be off while the hosted desktop stays running and connected.
Often, yes. Free or freemium copiers commonly limit you to a single account, show ads or upgrade prompts, or require a Windows VPS that runs 24/7 so trades still fire when your computer is off, and that VPS is a recurring bill. PickMyTrade runs in the cloud for all supported brokers and platforms except Interactive Brokers, so your own computer can be off and no VPS is required. For Interactive Brokers using TWS, keep TWS logged in and the PickMyTrade IB application running and connected during trading on your own computer or a hosted desktop; the computer hosting both applications must stay on and awake, and with a hosted desktop your own computer can be off. One flat subscription covers eligible sub-accounts under one connected broker login, and each additional broker login requires its own subscription, so the cost stays predictable.
PickMyTrade offers a 7-day free trial with no credit card. A broker account used in an earlier PickMyTrade trial cannot start another trial. After the trial, standard pricing is $50/month or $500/year per broker login; each additional broker login requires its own subscription. See the current plans and prices.
The Tradier integration (beta) documents stocks and single-leg options (calls and puts); multi-leg option spreads are not documented for this route. Broker commissions, market data and a paid TradingView webhook plan are separate costs where applicable.
Free workflow tiers can restrict tasks, steps and polling intervals. For example, Zapier's Free plan limits tasks and workflow steps. Check a tool's current limits, broker connection and supported options orders, then test in a broker demo or paper account before live trading.
Free tools can be practical if they support your broker and order workflow, but a free download does not cover hosting, maintenance, market data or broker fees. TradingView webhook alerts require a paid plan; check its current features and limits. Self-hosted software needs a compatible computer or server online during trading, which does not necessarily mean Windows or a rented VPS. Check each tool’s account and execution limits.
PickMyTrade has a 7-day free trial with no credit card, then costs $50/month, $135/quarter or $500/year per broker login. Supported cloud routes need no local bridge; Interactive Brokers requires TWS and the PickMyTrade IB application to stay running and connected on an awake computer or suitable hosted desktop. See PickMyTrade pricing.
Is there a free trade copier for TradingView or Tradovate?
Short answer: if you are hunting for a free copy trader for TradingView, the honest answer is that no reputable cloud trade copier is free forever. Tools that advertise a "free trade copier" almost always make the money back somewhere, through ads, a one-account limit, a VPS you have to rent, or a paid tier hidden behind the free tab. What you can get for free is a genuine trial. PickMyTrade gives you a 7-day free trial with no credit card required, so you can connect your broker, paste a TradingView alert, and copy real trades before you spend anything. After the trial, PickMyTrade is $50 per month or $500 per year, on a single subscription with no per-account or per-trade fees. The 7-day free trial lets you test PickMyTrade on your own alerts before you spend anything. Because no card is needed to start, the trial is genuinely free to test and there is no risk of being charged when it ends.
Why "free forever" trade copiers usually are not free
When a trade copier is marketed as free, the cost usually moves rather than disappears. It is worth knowing the four common trade-offs before you route a live account through one.
- Ads and upsells. Free tools often fund themselves with ads or constant prompts to upgrade, which is a poor fit for something that sits between your strategy and your money.
- Single-account limits. Many free tiers copy to only one account. The moment you add a second account, which is the whole point of a copier, you hit a paywall.
- VPS costs. Older download-and-run copiers are free to download but need a Windows VPS running 24/7 so trades still fire when your computer is off. That VPS is a real monthly bill, often more than a cloud copier's subscription.
- A hidden paid tier. Some "free" copiers only copy manually or on a delay for free, and the features traders actually need, like automation, multiple accounts, or faster order processing, live behind a paid plan.
A cloud copier like PickMyTrade folds all of that into one flat price. One subscription covers eligible sub-accounts under one connected broker login, each additional broker login requires its own subscription, and there is no separate charge for automation. No VPS is required for supported brokers and platforms other than Interactive Brokers, which needs TWS and the PickMyTrade IB application running on your own computer or a hosted desktop.
What the PickMyTrade 7-day free trial includes
The free trial is the full product, not a stripped-down demo. During the 7 days you get:
- Full TradingView-to-broker automation. Paste a TradingView webhook alert and PickMyTrade places the order on your connected broker automatically, with no coding.
- Copying across your supported broker accounts. TradingView alert routing and manual trade copying are separate workflows. A TradingView alert can be routed to the accounts you connect, so you can test multi-account copying for real. For manual copying, the documented Tradovate Manual Trade Copier copies a source trade placed in TradingView connected to Tradovate to configured Tradovate followers, and the ProjectX Trade Copier uses PickMyTrade’s Place Trade flow with a ProjectX master and configured ProjectX or Tradovate followers. A supported broker connection does not mean every manual source-to-follower combination is supported, and cTrader and Ironbeam support alert automation, not trade copying. PickMyTrade supports Tradovate, Rithmic, Interactive Brokers, TradeStation, TradeLocker, ProjectX, Match-Trader, Tradier, cTrader and Ironbeam.
- The same order handling you get on a paid plan, including stop-loss and take-profit settings and per-account sizing.
- Cloud execution for all supported brokers and platforms except Interactive Brokers, so your own computer can be off and no VPS is required. For Interactive Brokers using TWS, keep TWS logged in and the PickMyTrade IB application running and connected during trading on your own computer or a hosted desktop.
No credit card is required to start, and because no card is on file you are not charged automatically when the trial ends, so you can try the full workflow with your own alerts and accounts before deciding. Total fill time depends on your broker's execution, network latency, and how quickly TradingView sends the alert.
Free trial vs free forever: what you actually pay
Here is an honest look at the common ways to copy trades and what each one really costs. Prices for third-party tools change often, so treat the third column as the pattern to check rather than a fixed quote.
| Approach | What is free | True ongoing cost |
|---|---|---|
| Broker-native copy (for example, Tradovate Group Trade) | Free and built into the broker | $0, but limited to accounts under one login, mainly market-order mirroring, and it cannot run TradingView strategy alerts |
| Self-hosted or open-source webhook script | Free to download | You host and maintain it, and you pay for a 24/7 VPS to keep it running so trades fire when your PC is off; no support |
| Freemium third-party copier | Free tier, often one account or manual only | Multiple accounts, automation, and faster processing sit behind a paid plan (amount varies by tool) |
| PickMyTrade | 7-day free trial, no credit card | $50/mo or $500/yr per connected broker login (covers eligible sub-accounts under that login), with no per-trade fees; no VPS required except for Interactive Brokers, which needs TWS and the PickMyTrade IB application running on your computer or a hosted desktop |
The takeaway is simple: "free" almost always means one account, more setup, or a separate VPS bill. A short no-card trial lets you prove the copier works with your own accounts, then a single predictable price covers everything once you go live. See the full multi-account breakdown on the trade copier hub and the TradingView to Tradovate automation guide.
What about a free trading journal?
Some traders searching for a free trade copier are really looking for a free trading journal to log and review results. It is worth being clear about what PickMyTrade is: it is an execution and copying tool, not a trading journal. It focuses on getting your TradingView alerts and copied trades onto your broker accounts accurately and quickly. It does keep an alert log and a trade history, so you can confirm what fired and match each copied order back to its source, which is useful for checking execution. But it is not a full journaling or analytics product and does not replace a dedicated journal. If you want detailed performance journaling, pair PickMyTrade for execution with a separate journaling app for review.
Ready to try it without paying first? Start the 7-day free trial, no card required, and watch the copier run with your own accounts. For the full picture on copying one signal to many accounts, read the trade copier hub, or compare every plan on the pricing page.
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