Statmetrics Review 2024: Is This the Best Investment Analysis Tool?
This reputable business caught our attention and we had to write a Statmetrics review. Even at first glance, the company seems transparent and reliable, and after further investigation, it seems our claims are true. If you are in the market for such a tool, keep reading to learn more about Statmetrics.
The business has been operating for more than a decade and the experience matters a lot. The tool is suitable for both novice and experienced traders, and it has robust features you can benefit from. With a regulated broker like FXMeridian, the Statmetrics analytics tool would be a perfect match!
But is this tool really as it seems? Is it possible that we finally stumbled upon a reliable company? Is Statmetrics really free? Keep reading our assessment to learn more about this company and its features.
About Statmetrics
Alex Vinnitschenko established Statmetrics as a stand-alone startup in 2010 with the goal of offering complete software solutions for investment management and financial market analysis. The goal is to provide cutting-edge investment ideas and analytical techniques to all types of investors.
The company is very transparent and even offers a registered address in Germany, which is where the domain is registered as well, according to WHOIS. The tool seems ideal for traders who are looking for investment analysis and management.
The only drawback so far is that the app is not available for IOS devices, but rather only for Androids and Desktops. But keep reading our Statmetrics review for more information about this tool.
Company Type | Trading Tool |
Legal name | Statmetrics |
Regulation | Not expected |
Registered in | Elsterstr. 43, D-04109 Leipzig, Germany |
Established | 2010 |
Website | statmetrics.org |
Financial Authorities Warnings |
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Contacts |
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If a withdrawal is possible | Depends on the broker; |
Fees |
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If Active on Social Media: | |
Investor Protection: | None |
Activity areas | United States, Australia, India, Germany; |
Main threats | Not supported for IOS devices; |
Main perks | Free tool; |
Legal Information
Prop firms, tools like this, or even educational platforms like HowToTrade are not required to be regulated by law, as they’re not the ones offering a platform and handling your funds. However, despite not requiring a license, security with these companies can be implemented differently.
Firms like this should offer security protocols like SSL and protect your personal information at all times. Statmetrics adheres to certain rules and protection requirements, which is a great benefit. Additionally, they provide a registered address, which is not something many companies do.
In this case, choosing a regulated broker is crucial, as the regulatory requirements fall completely onto the broker you’ll use. Make sure to keep that in mind.
Statmetrics Features
With features like financial news access, performance analysis, backtesting, portfolio risk-return optimization, stress event analysis, and effective frontier visualization, Statmetrics is an android-optimized platform that offers a full suite of analytical tools for investment management.
It also has additional capabilities for measuring portfolio performance, attribution, and in-depth fundamental and quantitative research to help make smarter investment decisions.
With Statmetrics, you can access global market data and news, monitor and screen markets, perform technical analysis and charting, create and backtest multiple multi-asset portfolios, apply portfolio risk-return optimization strategies, and examine the quantitative and fundamental aspects of a portfolio or possible investments.
Quantitative Finance Resources
Quantocracy: A carefully chosen combination of trading blogs that cover both quantitative and empirical topics is called Quantocracy.
Risk.net: Articles and papers on credit risk, market risk, risk systems, asset management, regulation, swap option pricing, and derivatives risk and pricing may all be found on Risk.net. News, features, analysis, commentary, and mathematical studies are all included in the articles.
Quantpedia: On its website, Quantpedia offers over 500 trading methods and thousands of financial research papers. It examines scholarly research articles and selects the top trading methods according to risk and performance metrics as well as a host of other descriptive features.
Quantitative Research and Trading Blog by Jonathan Kinlay: The blog offers content about trading platforms, trading methods, and research projects.
Quantitative Trading Blog by Dr. E. P. Chan: When it comes to using statistical models and algorithms for stock, futures, and currency trading, Dr. Ernest P. Chan is an expert. He oversees SMAs and a hedge fund at QTS Capital Management, LLC.
Alpha Architect Blog – Academic Finance Research and Insights: Asset management company The Alpha Architect focuses on high-conviction value and momentum factor exposures and conducts extensive research.
Statmetrics Pricing
The most interesting thing about Statmetrics is that it’s completely free and anyone can download the apk file. The reason behind this is that the company is probably earning commission with referrals or has another way to fund the app.
Don’t this fool you into believing free platforms; while they are appealing, the risk still exists. They could teach you the wrong things and once you implement the strategies, you can still lose all of your money.
Statmetrics Reviews
While we weren’t able to find any comments on Trustpilot or similar networks, the firm’s app on Google Playstore is rated 4.6 stars based on 331 comments. The app has over 50,000 downloads and the majority of traders think Statmetrics is a great tool.
The only unfavorable comments we could spot were about some minor bugs and latency issues, however, that is not a dealbreaker. According to traders, the app is worth paying for and it actually does what it advertises, unlike others.
Weighing the Pros and Cons
Pros | Cons |
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Can I Make Money While Trading Online?
In conclusion, the Statmetrics app is an amazing tool that will certainly benefit you in your trading endeavors. It has great, robust features that are suitable for all types of traders, and considering it’s free, we encourage traders to try their luck and start using the tool.
However, if you are a different type of trader or you just love AI-powered tools, we recommend AI.Fundevity, a potent analysis bot that has many key features. After it processes billions of data points including market news and past statistics, it will provide you with insightful recommendations.
All you need to know to start using AI.F is how to implement the strategies and the time for relying on shady agents is over. Call us now and try your luck with AI.F for 14 days for free and we promise you will never trade without it.
FAQ Section
What is Statmetrics?
Statmetrics is a free Android-optimized platform offering analytical tools for investment management and financial market analysis.
Is Statmetrics a Legit Tool?
Statmetrics appears to be a transparent and reputable tool, operating for over a decade with positive reviews.
How to Choose the Right Broker?
To choose the right broker, you must adhere to crucial factors like regulatory compliance, transparent fee structures, reliable customer support, user-friendly trading platforms, and a diverse range of assets.