Is Jigsaw Trading The Best Algorithmic Trading Software

Jeremy BiberdorfBy: Jeremy Biberdorf

October 10, 2023October 10, 2023

Jigsaw Trading logo

Jigsaw Trading is a platform designed to teach and help those interested in algorithmic trading and order flow trading. The platform provides users with educational resources, trading tools, and support services to execute live trades or practice in demo mode using live data.

For beginners, Jigsaw Trading offers courses and resources to learn the fundamentals of order flow trading. You’ll discover how to read the tape, spot trading opportunities, and place orders to capitalize on them. Seasoned traders can also benefit from the platform’s execution tools, data, and community.

Whether you’re just getting started with algorithmic trading or looking to take your skills to the next level, Jigsaw Trading has resources for institutional traders of all experience levels. With the right dedication, you can become an expert tape reader and use Jigsaw Trading’s platform to spot opportunities and execute precision trades.

But do all these pros make Jigsaw Trading the best algorithmic trading software? For that answer, here is a detailed Jigsaw trading review.
Learn More About Jigsaw Trading

Key Jigsaw Trading Features

If you’re looking for an algorithmic trading platform, Jigsaw Trading should be at the top of your list. Their software has all the tools an active trader needs.

Cross-Device Compatibility

For starters, Jigsaw Trading works with both Windows and Mac, so you can use it no matter what kind of computer you have. It has two main programs: Daytradr for day trading futures and spreads and Jigsaw Bridge, which connects Daytradr to your current trading platform.

Auction Vista – Order Flow History

Auction Vista provides a detailed view of real-time and historical order flow, highlighting areas of high volume, iceberg orders, and market turning points. This feature allows you to see the complete picture of current market activity and spot important opportunities.

Trade Simulator

The Trade Simulator gives you realistic fills on limit orders and realistic slippage on market and stop orders, making it ideal for learning new strategies and trading techniques without risking real money. You can gain valuable experience through simulated trading and refine your methods before going live.

Pace of Tape (PoT) Smart Gage

This tool helps you gauge the pace of trading activity in a market relative to recent historical averages. The PoT Smart Gage measures the speed and intensity of the tape to determine if the market is slow, average, or fast. This information can be useful for timing your entries and exits.

Reconstructed Tape

Time and sales are on steroids! This tool provides order flow event alerts like iceberg alerts, block trade alerts, large trade alerts, and divergence alerts. The Reconstructed Tape allows you to see a visual representation of order flow so you can analyze the buying and selling activity behind price moves in a market.

Position and Orders Analysis Window

This interface allows for innovative workspace management with direct trading capabilities. You’ll have an at-a-glance view of your positions, orders, P&L, and account info, along with one-click trading from this window.

Jigsaw Trading Pricing and Plans

Jigsaw Trading offers several pricing plans for its algorithmic trading software and platform. There’s an option for every trader at every stage.

  • Free: Jigsaw Trading is currently offering a free training promotion. This gives you access to their trading simulator so you can practice strategies before putting real money on the line. You’ll also get tutorials and webinars to learn the basics.
  • Independent ($579): This basic platform plan includes full access to the Daytradr platform, Journalytix, trade calendar, leaderboard, chat room, trade simulator, support, and essential training. It’s ideal for new traders who want to start live trading with guidance.
  • Professional ($879): In addition to the benefits of the Independent plan, you’ll receive advanced order flow training and group coaching calls. This plan is suited for traders who want to take their skills to the next level.
  • Institutional ($1,979): This premium plan includes everything in the Professional plan plus institutional training and 12 months of group therapy sessions. It is tailored for professional traders who want to maximize their potential.

To use Jigsaw Trading for live trading, you’ll also need real-time data, which costs $50/month or $500/year. The trade platform integrates with many major brokers so you can execute trades directly.

Is Jigsaw Trading the Best Algorithmic Trading Software? Our Verdict

Jigsaw Trading is a cutting-edge trading platform dedicated solely to algorithmic trading, providing institutional day traders with the tools and education trading courses to succeed with this trading style. Their efficient trading platform and a plethora of resources are ideal for new algo traders or retail traders looking to learn the ropes.

Jigsaw teaches you proprietary trading strategies and offers simulated trading so you can practice before going live. They also provide a ton of educational content, from video lessons and webinars to a live chat room where you can connect with fellow experienced traders. All of this aims to give you the knowledge and experience to build algorithmic trading systems that work.

If algorithmic trading piques your interest, you can click here to sign up for Jigsaw Trading. You can also save $30 with coupon code: modestmoney. See if their dedicated algo trading platform and resources are right for you!
Get Started with Jigsaw Trading

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Jeremy Biberdorf
Jeremy Biberdorf

About the Author:

Jeremy Biberdorf is the founder of Modest Money. He's a father of 2 beautiful girls, a dog owner, a long-time online entrepreneur and an investing enthusiast.

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