PickMyTrade Pricing vs ClearEdge: Cloud API or Local Execution

PickMyTrade sells one $50 monthly plan with unlimited accounts. ClearEdge runs on your own machine or a VPS. How the pricing and the order routing differ.

The ClearEdge Team
Six traders, Norway and the United States
PickMyTrade Pricing vs ClearEdge: Cloud API or Local Execution

PickMyTrade charges one flat price: $50 a month or $500 a year, with unlimited trades, strategies and connected accounts, and a five-day free trial that needs no credit card. ClearEdge prices by how many automation agents you run, from $69 to $149 a month. The bigger difference between the two is not the price. It is where your order gets placed.

Key Takeaways

  • PickMyTrade has one plan. Monthly and yearly billing include the same features, according to its own pricing page.
  • That plan covers unlimited trades, strategies and connected accounts, with no per-trade fees.
  • ClearEdge plans are Starter at $69, Advanced at $99 and Elite at $149 a month, for 2, 8 and 16 automation agents. A VPS is optional and priced separately.
  • PickMyTrade runs in the cloud and places orders through each broker's API. ClearEdge is software you install on your own computer or a VPS, and it signs in to your trading platform as you.
  • Brokers cap how many API requests a single user can send. That cap matters most when many orders, or many accounts under one login, fire at once.

What PickMyTrade Costs

On September 11, 2026, PickMyTrade's pricing page listed a single plan at $50 a month or $500 a year, and it was running a discounted annual price when we checked. Every plan includes unlimited trades, unlimited strategies, unlimited connected accounts and 24/7 support. The page states that there are no feature restrictions between plans and that the only difference is billing frequency.

A five-day free trial is available with no credit card required, so you can connect a broker and test your alerts before paying anything.

What ClearEdge Costs

ClearEdge sells three plans, priced by how many automation agents can run at once: Starter at $69 a month for 2 agents, Advanced at $99 for 8, and Elite at $149 for 16. Paying yearly brings those to $58, $83 and $125 a month. Current prices are on the plans page.

The software runs on a Windows or Mac computer, or on a VPS. ClearEdge offers its own VPS as a separate monthly purchase, and a third-party VPS works as well. The ClearEdge Marketplace is open to anyone, with or without a plan, and strategies there are subscribed to separately.

Where the Order Gets Placed

Both products take a TradingView alert and turn it into an order in your futures account. They get there by different routes.

PickMyTrade is a cloud service. Your alert goes to PickMyTrade's servers, which run around the clock, and PickMyTrade places the order through your broker's API. Nothing has to run on your own computer.

ClearEdge is software installed on your own machine or on a VPS. It signs in to your trading platform with your own credentials, and each connected account opens in its own window inside the software. The supported routes are Tradovate, NinjaTrader and ProjectX, which between them cover prop firms such as TopstepX, Bulenox and Lucid Trading.

Why Broker API Limits Matter

Brokers limit how much traffic a single user can send through their API. PickMyTrade's own guide to Tradovate puts the ceilings at about 80 requests over a rolling 60 seconds and 5,000 over a rolling 60 minutes. Placing, changing and cancelling orders all count toward them. Past those ceilings, Tradovate answers with a time penalty before it accepts more.

For one account trading a few signals a day, that ceiling is a long way off. It comes closer when several accounts under the same login copy one signal at the same moment, or when a strategy modifies and cancels orders often. PickMyTrade's guidance is to pace outbound requests and queue anything above a safe rate rather than send it all at once, which is how a well built API platform stays inside the limit. The tradeoff is that during a burst, some orders wait their turn.

What Running Locally Asks of You

Local execution has costs of its own, and they are worth knowing before you choose it.

  • The machine has to stay on. If it sleeps or loses its connection, automation pauses until it is back, which is why many ClearEdge users run it on a VPS.
  • A VPS is an extra monthly cost on top of the plan.
  • ClearEdge currently places market orders only. A strategy written around limit orders will be filled at market.
  • The supported routes are Tradovate, NinjaTrader and ProjectX. PickMyTrade lists more brokers, including Rithmic, Interactive Brokers, TradeStation, TradeLocker, Matchtrader and Tradier.

PickMyTrade and ClearEdge Side by Side

PickMyTradeClearEdge
Where it runsPickMyTrade's cloud serversYour Windows or Mac computer, or a VPS
How orders reach the brokerThrough the broker's APIThrough your trading platform, signed in as you
Price$50 a month or $500 a year, one plan$69, $99 or $149 a month
What the price scales withNothing, trades, strategies and accounts are unlimitedAutomation agents: 2, 8 or 16
Free trial5 days, no credit cardSee the plans page
Brokers and platformsTradovate, Rithmic, Interactive Brokers, TradeStation, TradeLocker, ProjectX, Matchtrader, TradierTradovate, NinjaTrader, ProjectX
Runs while your computer is offYesOn a VPS

For a wider view of the category, see our futures automation platform comparison.

Which One Fits

PickMyTrade suits traders who want nothing to install, one flat price however many accounts they connect, and the widest choice of brokers.

ClearEdge suits traders on Tradovate, NinjaTrader or ProjectX who want execution running on a machine they control, usually a dedicated VPS, and who are comfortable with market orders.

Check both vendors' current pages before you decide. Pricing and features change, and this comparison reflects what each company published on September 11, 2026.

Frequently Asked Questions

1. How much does PickMyTrade cost?

$50 a month or $500 a year for a single plan with unlimited trades, strategies and connected accounts, plus a five-day free trial with no credit card, according to PickMyTrade's pricing page on September 11, 2026.

2. Does PickMyTrade charge per account?

No. Its plan includes unlimited connected accounts, and its pricing page states there are no feature restrictions between plans.

3. What does ClearEdge cost?

$69, $99 or $149 a month for 2, 8 or 16 automation agents, or $58, $83 and $125 a month billed yearly. A VPS is optional and priced separately.

4. What is a broker API rate limit?

A cap on how many requests one user can send to the broker in a set window. For Tradovate, PickMyTrade's guide gives about 80 per rolling minute and 5,000 per rolling hour. Platforms that trade through the API pace their requests to stay under it.

5. Do I need a VPS to use ClearEdge?

No. It runs on a Windows or Mac computer. A VPS keeps it running when your own computer is switched off or offline.

Sources

  • PickMyTrade. "Pricing." pickmytrade.trade/pricing, checked September 11, 2026.
  • PickMyTrade. "Tradovate API Rate Limits and 429 Errors." pickmytrade.trade/how-to/tradovate-api-rate-limits.
  • Tradovate. "How to Handle Request Limits." github.com/tradovate/example-api-faq.
  • ClearEdge Automation. Plans. clearedge.trading/plans.
  • ClearEdge Automation Help Center. help.clearedge.trading.

Correction, September 2026: an earlier version of this article described PickMyTrade as having tiered pricing with per-account and add-on fees. That did not match PickMyTrade's current published pricing, and the article has been rewritten against its pricing page.

Disclaimer: This article is for educational purposes only. It is not trading advice. ClearEdge Trading executes trades based on your rules, it does not provide signals or recommendations.

Risk Warning: Futures trading involves substantial risk. You could lose more than your initial investment. Past performance does not guarantee future results. Only trade with capital you can afford to lose.

CFTC RULE 4.41: Hypothetical results have limitations and do not represent actual trading.

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