Comparison / Checked Oct 2026
RelayDesk alternative with free paper trading: Nyria vs RelayDesk
RelayDesk's paper mode exists only in the first 30 days of a paid plan: a card is required at signup, and that plan's price is charged automatically unless cancelled first. Its live alert sources today are TradingView, custom webhooks and a Discord or Slack community; Telegram isn't a live signal source there. Nyria Paper is free with no card, and reads TradingView, Discord, Telegram or any webhook from day one.
Pick Nyria if you want free paper trading with no card, or a Telegram alert source today. Pick RelayDesk if you want RelayDesk's options flow, GEX and chains research suite, or its OAuth-only broker connection.
More tools to weigh: all alternatives lists.
Nyria
- Paper is free. Live trading from $15 a month.
- No card required to start on paper
- TradingView, Discord, Telegram and webhook alerts built in
- Charles Schwab, Tradier, tastytrade and Alpaca
- Crypto spot on Alpaca
- Multi-leg option spreads up to 4 legs, one expiry
RelayDesk
- Real-time options flow, GEX and chains research from the Advanced plan up
- Connects every broker through one OAuth link; trade scope only, never withdrawals
- 6 live broker connections today (Schwab, Tradier, tastytrade, Alpaca, Public, Moomoo), with more listed as "Soon"
- Paper mode only in the first 30 days of a paid plan; a card is required at signup
- TradingView, custom webhooks and a Discord or Slack community live as signal sources; Telegram has no live signal source there
- No free plan: four tiers running $49.99 to $499.99 a month
| Feature | Nyria | RelayDesk |
|---|---|---|
| Schwab | NyriaYes | RelayDeskYes |
| Tradier | NyriaYes | RelayDeskYes |
| tastytrade | NyriaYes | RelayDeskYes |
| Alpaca | NyriaYes | RelayDeskYes |
| Telegram RelayDesk's integrations page lists Telegram only as a "Soon" notification channel, never as a signal source, live or planned. Its live signal sources are TradingView, custom webhooks and a Discord or Slack community. | NyriaYes | RelayDeskNo |
| Crypto spot RelayDesk's own integrations-page footnote: crypto trading is not yet available via RelayDesk, even though it's listed as a supported asset class on Alpaca, one of its own broker connections. | NyriaYes | RelayDeskNo |
| Paper trading RelayDesk's pricing FAQ: every account gets 30 days on the plan chosen at signup before the first charge, a card is required at signup, and that plan's price is charged automatically unless cancelled first. There's no always-free tier. | NyriaFree, no card, no time limit | RelayDeskFirst 30 days of a paid plan, card required, then billed |
| Pricing RelayDesk's pricing page: Basic $49.99/mo, Advanced $99.99/mo (its "Recommended" tier), Pro $249.99/mo, Enterprise $499.99/mo. Annual billing saves 20%. There is no free plan. | Nyriafrom $15 a month | RelayDesk$49.99 to $499.99 a month across 4 tiers, no free plan |
| Options research tools RelayDesk's Advanced plan and up bundle a research suite (options flow, GEX, chains) and map each signal to a multi-leg Schwab spread automatically. Nyria places the spread; it has no research suite. | NyriaNo | RelayDeskYes |
| Connection method RelayDesk's integrations page: one secure OAuth link reaches every broker, AES-256 encrypted, trade scope only. | NyriaBroker sign-in or API key | RelayDeskOAuth only; trade scope, never withdrawals; revoke anytime |
From RelayDesk's public pages, Oct 24, 2026. Sources: pricing, integrations, Schwab integration, home page.
Moving from RelayDesk to Nyria
Your alerts keep the wording they already have.
Step 1
Pick a broker for the asset you want
Stocks and options run on Charles Schwab, Tradier, tastytrade or Alpaca. Crypto spot runs on Alpaca.
Step 2
Bring your signal source
A TradingView alert, a webhook, or a Discord server you run; all three work on RelayDesk too. A Telegram chat is Nyria-only today.
Step 3
Set a budget per entry
Set each bot's budget per entry. Live trading starts at $15 a month, priced by your total entry allocation.
Step 4
Go live
Paper-trade a bot first, free and with no card, then deploy one on your live account.
Questions
Is RelayDesk's paper trading free like Nyria's?
No. RelayDesk's paper mode runs only in the first 30 days of a paid plan: a card is required at signup, and that plan's price is charged automatically unless you cancel first. Nyria Paper is free, with no card and no time limit.
Does RelayDesk support Discord or Telegram alerts?
Discord, yes: RelayDesk's Communities feature reads structured signals from a Discord or Slack server, live today. Telegram, no: RelayDesk's integrations page lists it only as a "Soon" notification channel, never as a signal source. Nyria reads TradingView, Discord, Telegram and webhook alerts today.
Can I trade crypto on RelayDesk?
Not yet. RelayDesk's own integrations-page footnote says crypto trading isn't yet available via RelayDesk, even though Alpaca, one of its broker connections, lists crypto as a supported asset class. Nyria trades crypto spot on Alpaca today.
How does pricing by total entry allocation work?
Your total entry allocation is the budget per entry across all bots on your live broker accounts. It's what your live bots could put in at once if they all entered together. Two live bots at $4,000 and $6,000 per entry make $10,000, which is the $100 tier. At $6,000 each they make $12,000, which moves you to the $20,000 tier at $200 a month. Bots on a creator's Premium strategy count toward that strategy's tier instead. $20,000 of it is $200 a month, or $2,000 a year. Nothing is charged per bot, per alert source or per broker.
More to read
Put an alert through it
Trade and test free on paper, forever. No card or broker required.