Pricing
Whispertrades is a pay-as-you-go platform, although your account must be prefunded for bots to run. Each bot that you run is charged on a daily basis and only while it is active/enabled. We use a volume pricing plan, so the amount that you pay per bot will change based on how many active bots you have running (enabled) at the time.
Bot Count | Daily Charge | Monthly Charge |
|---|---|---|
1 bot | $1.10 per bot | ~$23.10 per bot* |
2-3 bots | $0.95 per bot | ~$19.95 per bot* |
4-6 bots | $0.85 per bot | ~$17.85 per bot* |
7-9 bots | $0.80 per bot | ~$16.80 per bot* |
10-12 bots | $0.75 per bot | ~$15.75 per bot* |
13+ bots | $0.70 per bot | ~$14.70 per bot* |
*Monthly charge is an approximation based on the average number of trading days in a month. The monthly charge will change from month to month based on the number of days in that month.
If your bot is running but does not currently have a position open, then the bot will only be charged 50% of the rate above. This is for bots that are monitoring the market or waiting for schedule entry time but have no active position.
All paper bots are charged 50% of the rate above at all times.
The charges above accrue at 10-minute intervals throughout the day. Every 10 minutes, while the market is open, your balance will receive a charge based on the number of bots that are currently set to Enabled or Disable on Close. You are not charged for disabled bots.
This daily cost is spread evenly throughout the day only while the market is open and while your bot is enabled. If the market closes early or you disable your bot mid-day, that bot will not incur charges for the remainder of the day/session.
To better understand and anticipate estimated bot charges, check out our Bot Pricing Calculator where you can enter your bot number and runtime, and the calculator will approximate your spend.
If you would like to set up a monthly recurring payment so that you do not need to manually top off your Whispertrades balance, you may do that from your balance page by clicking "Subscribe" next to your balance. From there, you can specify the number of bots that you typically run, and we will automatically charge your payment method for that number of bots every month. We will not adjust your payment up or down as you change your running bots. You can cancel or modify your subscription settings at any time as necessary.
A recurring subscription payment is optional and just designed to reduce manual transactions for you. Depending on your subscription and actual running bots, your balance could still run to $0 with a subscription in place. You can modify the subscription or manually top off your balance at any time to avoid running your balance to $0.
Variable Bot Spend?
If you frequently enable and disable bots and don't have consistent spend month-to-month, you can set up a subscription that covers part of your monthly bot expenditure. You'll still need to manually top off your balance, but your recurring payment will reduce how often you need to do that!
We use PayPal as our payment processor and accept all major debit, credit cards, and some alternative payment methods and wallets.
We will send three warning emails if your balance is running low so that you have ample time to replenish before your bots automatically disable. These will go out when Whispertrades anticipates that your balance will reach $0 within 14, 7, and 3 days.
If you want to customize your low balance alerts, you can do so by setting up your own notification. To do that, visit your notifications page and add a notification for "WT Low Balance".
If your balance reaches $0.00, your bots will continue to run until the end of the current trading session, even if you are out of funds. Once the trading session closes, bot trading will be disabled for your account. We will not close any positions or remove position history. Should you decide to fund your account and start your bots again, you may do so, and the bots will pick up where they left off.