Interactive Brokers continues to enhance its robust trading ecosystem by adding the Option Backtester from ORATS .
Interactive Brokers continues to enhance its robust trading ecosystem by adding the Option Backtester from ORATS .
Interactive Brokers continues to enhance its robust trading ecosystem by adding the Option Backtester from ORATS to its suite of integrated news and research providers. This latest addition offers traders and investors powerful analytical capabilities to evaluate and refine options strategies directly through the IBKR platform.
The ORATS Option Backtester enables users to browse through millions of professional-grade options backtests covering widely traded symbols and strategies. Designed to support deep analysis and performance review, the tool includes over 30 performance metrics and customizable column filters, helping users quickly identify potentially profitable strategies.
Also, each backtest provides a detailed trade log and a table of monthly returns, allowing for precise, transparent evaluation of strategy effectiveness. Users can tailor backtests by setting their own entry and exit rules, thanks to ORATS’ advanced backtesting engine, which utilizes end-of-day historical options data dating back to 2007.
So, focusing on strategy backtesting for the options asset class, the ORATS tool is available in English and is updated daily, ensuring fresh and relevant data for informed decision-making. Best of all, this valuable resource is available as a complimentary service to IBKR clients, requiring no subscription.
This integration aligns with Interactive Brokers’ ongoing commitment to providing traders with best-in-class research tools and data-driven insights. With the addition of ORATS, IBKR users gain access to institutional-grade analytics that were once out of reach for individual investors.
So, by continuing to grow its suite of research offerings, Interactive Brokers solidifies its position as a leading broker for active traders and sophisticated investors seeking cutting-edge tools to support their trading strategies.
Interactive Brokers caters to diverse requirements, offering competitive fees alongside a wide array of trading options such as stocks, ETFs, options, futures, and other global assets. It distinguishes itself as a top-tier brokerage, particularly appealing to traders and investors seeking a straightforward trading experience. With Interactive Brokers’ user-friendly platform, users can execute trades seamlessly, benefiting from competitive spreads that enhance cost-effectiveness.
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