How do I get started?
- Get an Invite from Toodls - Email us so we can begin communications and see if we are fit for each other.
- Set up your brokerage account with a partner broker (Alpaca).
- Register with Toodls and set up integration with the brokerage (this takes a couple of minutes).
What brokerages does Toodls work with?
We work with Alpaca (Click here to set up your account).
What stocks does Toodls trade?
We trade QQQ and SPY ETFs, in both long and short directions.
Does Toodls facilitate day trading, swing trading, or both?
Our algos are designed strictly for day trading.
Can I allocate funds based on my risk threshold?
Yes, you can allocate the percentage of funds to trade you are comfortable with.
Is there a minimum capital requirement?
No, we do not have any capital requirement, but you would need to deposit at least $30,000 ($25,000 + $5,000 as a buffer) in your broker's account to permit multiple day trades due to PDT rules. See Alpaca Pattern Day Trader Requirements.
That being said, you could trade any amount as low as 1% ($300) and then increase your allocation as you see fit.
Are my funds locked in a contract?
You are always in control of your funds. You can start/stop trading and add/withdraw funds without giving any notice - no contracts or commitments.
Is there a fee to use Toodls?
We do charge a Service Fee for Live Trading.
Please contact us for more information -
What is the Toodls Algorithm strategy?
We are not willing to discuss this and will modify the strategies from time to time to maximize returns.
What kind of performance expectations should a client have?
Toodls will not set expectations, nor make any forward-looking statement. We would like your trading (as low as $300) to validate what the system is capable of.