Guide
Automated trading on a small budget: paper, then $15
A small account has two problems with automation. A monthly fee can be a large share of the account before the first trade, and one entry sized wrong can be most of it. Nyria prices live trading by the size of the entries, and paper trading is free. This guide is for someone starting small: what $15 a month buys, why the budget per entry is the number that matters, a worked example on paper and then live, what a small budget cannot do, and the free path that comes first.
What $15 a month buys
- 1
Live trading from $15 a month
Pro is $15 a month up to $2,500 of total entry allocation, $50 up to $5,000, $100 up to $10,000, then $100 for each additional $10,000, up to $100,000. Paying yearly costs ten months, so the first tier is $150 a year. Billed monthly or yearly until you cancel.
- 2
Live trading at the four brokers, no per-bot fee
Live trading on Charles Schwab, Tradier, tastytrade and Alpaca. There is no per-bot fee, no setup fee and nothing per order. Your broker's commissions are separate. Both plans carry option spreads up to 4 legs, and full trade history and P&L.
- 3
Priced by the size of the bets, not the account
The tier is set by what your live bots could put in at once if they all entered together, not by the account balance, so a small account that keeps its entries small stays on the $15 tier.
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. The worked example and the rule for Premium strategies are in the pricing questions.
Why budget per entry is the number that matters
A strategy is the rules. A bot is the strategy running on one account with one budget per entry, and that figure is what the bot spends each time the strategy fires an entry. It sizes every order. Across your live bots it also sets the tier you pay. And it is the honest risk number: start with a budget per entry you can afford to lose in full, and hold capital for both entries and exits, since a credit spread exits as a debit.
Two strategy settings protect a small account. Allow multiple entries is off by default, so a second entry on an open position is skipped rather than stacked. Limit trading hours drops entries outside the hours you set and still lets exits through. Nyria places market and limit orders only, and it does not place stop or stop-limit orders: a position closes on an exit alert, or when you close it yourself.
A worked example, $1,200 and one strategy
A stock strategy from a TradingView alert, long only, Close on exit alerts on, market orders for entries and exits.
TradingView alert message, entry
NVDA long entry
TradingView alert message, exit
NVDA long exit
The account holds $1,200. A bot is deployed on Nyria Paper with a $400 budget per entry. With NVDA near $225, the first entry buys 1 share and leaves the rest of the $400 unused, because Nyria orders whole shares on every broker. The alerts run for a week or two, and the Logs tab shows each alert beside the order it caused, each exit closing its entry, and the quantity on every order. Nothing was paid yet, and no card was needed.
Then Pro at $15 a month. The paper bot is edited to use the live Alpaca account, or a second bot is deployed there with the same $400, and the first live deploy asks you to accept the risk disclosure. One live bot at $400 per entry sits well inside the $2,500 the $15 tier allows. A second live bot at $400 on another strategy makes $800, still the $15 tier. The $1,200 account was never the number that set the price.
What a small budget cannot do
Stocks are sized per share, and Nyria orders whole shares on every broker, so a $400 budget per entry buys 1 share of a $225 stock and nothing of a stock over $400. Options are sized per contract, and one contract covers 100 shares, so a $2.00 premium costs $200. If the budget is smaller than one contract, the bot buys nothing, and Nyria refuses the deploy up front when a live quote shows that.
The broker has rules of its own that paper cannot show: option approval level, pattern day trading, margin and cash-account settlement stay invisible until a real broker sees the order. A live market order can fill past the quote, and a wide or thin option can cost far more than the model suggests, which matters more when one contract is a third of the account. Nyria does not retry a failed or rejected entry.
The free path first
Without a plan you can run up to 10 paper bots, on Nyria Paper or on a broker's own paper account at Tradier Sandbox or Alpaca, on strategies created by you or others, with no card required and no time limit. Paper trading runs the whole setup, from the alert to the bot's order, and shows the setup works. It does not show whether the strategy makes money: a market order on Nyria Paper pays the quoted spread and never slips, so paper P&L reads better than live. When the paper run reads right, deploy on the live account, or edit the paper bot to use it.
The plan table and every pricing question are on the pricing page, and the full rules for the free plan are on Pricing and limits in the docs.
Questions
- Is anything charged on top of the $15?
- No. There is no setup fee and nothing per order. Your broker's commissions are separate.
- Can I pay yearly?
- Yes. A year costs ten times the monthly price, so the $15 tier is $150 a year. It renews every year until you cancel, and Nyria emails you about 30 days before each renewal.
- What happens when my live bots add up to more than $2,500?
- The plan moves to the next tier: $50 a month up to $5,000, $100 up to $10,000, then $100 for each additional $10,000. Paper bots never count.
Guides
Paper trade a TradingView strategy for free
Nyria Paper runs up to 10 paper bots with simulated fills on live market data.
Swing-trade stock alerts with position sizing
A dollar budget per entry or a share count, whole shares, held until the exit alert.
No-code trading bot for stocks and options
Alerts from a chart, a channel or a webhook in, orders at your broker out; what the settings decide and what it will not do.
Start with a paper bot, pay when it goes live
Paper is free. Live trading from $15 a month.