Frequently Asked Questions
Everything you need to know about Nyria trade automation platform.
What is Nyria?
What is Nyria?
Nyria is a trade automation platform that connects your trading alerts to your broker accounts. We transform signals from TradingView, Discord, TrendSpider, or custom APIs into executed trades across stocks, options, crypto, and futures - automatically.
What are Integrations?
Connected exchange or brokerage accounts used to automate trades. Users can have unlimited integrations. We support Tradier, Binance, tastytrade, Coinbase, Schwab, Webull, Tradovate and more - however we are currently rolling out access incrementally as we receive trade capabilities from each brokerage and validate complete support with the platform.
Nyria can never store your broker credentials.
What are Strategies?
The baseline trading instructions given a set of alerts. This defines alert source and connection, equity type, and other setup-specific parameters. Strategies can be Public (anyone can copy), Private (invite only), or Paywalled (subscribers only).
What are Bots?
Bots are used to copy strategies. Each bot uses your own broker account, your budget, and your selected instruments. Bots can additionally override some strategy settings, like order types, leverage, ability to pyramid entries etc. You can deploy unlimited bots.
Pricing & Plans
How much does Nyria cost for traders?
$100/month for up to 5 bots (public or private strategies). This includes:
- Unlimited broker integrations
- Unlimited strategies
- Full access to all features
This does not include bots for paywalled strategies - those are billed to the creator.
How much does Nyria cost for creators?
$20/user/month - billed for each user who executed at least one trade through a bot on your strategy in the last month.
- Billed on the 1st of each month
- No upfront costs
- Only pay for active users
- Scale with your subscriber base
What's included in the trader plan?
- All supported brokers & exchanges
- Stocks, options, crypto, futures
- TradingView, Discord, TrendSpider, Custom API integration
- Multi-leg option spreads (up to 4 legs)
- Paper and live trading
- Strategy logs & analytics
Are there any setup fees?
No setup fees, no hidden costs. Transparent monthly pricing. Paper trading is included. Cancel anytime.
Supported Brokers & Markets
What brokers are supported for stocks & options?
| Broker | Stocks | Options | Futures |
|---|---|---|---|
| Tradier | ✅ | ✅ | ✅ |
| tastytrade | ✅ | ✅ | ✅ |
| Schwab | ✅ | ✅ | ❌ |
| Webull | ✅ | ✅ | ❌ |
What exchanges are supported for cryptocurrency?
| Exchange | Spot | Perpetual Futures |
|---|---|---|
| Binance | ✅ | ✅ |
| Coinbase | ✅ | ✅ |
| tastytrade | ✅ | ❌ |
What brokers are supported for futures?
Futures support is coming soon for the following brokers:
- Tradovate - All futures markets
- Tradier - Futures
- tastytrade - Equity & Crypto Futures
What options strategies are supported?
All standard spreads up to 4 legs:
- Single calls/puts
- Vertical spreads (bull/bear call/put)
- Iron condors (4 legs)
- Butterflies
- Custom multi-leg combinations
Selection Types:
- Internal Selection - Nyria picks strikes based on your configuration
- External Selection - Your alerts specify all contract(s) per entry
Exits generally match back to open positions. Be careful with multiple separate option positions on an underlying. Exit SPX Longs will work if Nyria is tracking 1 SPX Long position for any # of strikes - but if you have opened multiple separate positions with different instruments, this exit will likely reject. Pyramided entries for the same instrument(s) will fully close together.
Alert Sources
How do I connect TradingView?
- Create strategy in Nyria with TradingView as the alert source
- Copy your webhook URL
- In TradingView, set webhook URL
- Send alerts like
long entry {{ticker}},exit {{ticker}} long, or using the default TradingView alert format for backtesting strategies
Provide your alert, with variables, to our validation section in your Strategy's Integration tab. Nyria will fill in the variables intelligently and confirm proper handling of each alert type.
TradingView strategies must use Internal Selection for options due to TradingView's limited option data access.
How do I connect Discord?
- Link Discord in Nyria Integrations
- Invite Nyria bot to your server
- Select server, channel, optional author/keyword filters
- Send natural language alerts like
spy long entry,spy 650c, etc.
External-selection option strategies can be set to assume the next available expiration, otherwise you must provide it.
Discord supports both Internal and External option selection.
What other alert sources are supported?
- TrendSpider - Configure webhook alerts similar to TradingView. Coming Soon.
- Custom API - Send POST requests to your webhook URL with JSON payloads for full control over alert format, or use our "Dedicated" endpoint for even faster executions. Coming Soon.
How fast are alerts processed?
Alerts are processed in real-time with parallel execution across all bots. Typical order placement is under 500ms. Actual fill time depends on your broker and market conditions.
For Creators: Monetization
How do I monetize my strategies?
- Connect Whop Seller Account - Add your Whop API key in Nyria Integrations
- Create Paywalled Strategy - Set visibility to "Paywall"
- Link Whop Products - Select which products grant access
- Automatic Access Control - Subscribers who sign into Nyria with Whop automatically get access
How does creator billing work?
$20/user/month for each user who executes at least one trade through a bot on your strategy.
- Billed on the 1st of each month
- Only pay for active traders
- Whop handles all subscription payments
- You receive payouts through Whop
How is access managed automatically?
Nyria automatically:
- Grants access when users subscribe
- Revokes access when subscriptions end
- Syncs entitlements periodically
- Handles subscription renewals
What payment providers are supported?
Currently only Whop integration is supported for creator paywalls. This is an easy process of getting an API key for your seller account and adding it to Nyria in the app, at which point you can select product(s) to link to your strategy.
Any users who then integrate or sign into Nyria with their Whop will automatically gain access to any strategies which they have an active subscription to a linked product of. Nyria will then automatically control access for all paid strategies per user based on their current subscription status to the associated product for each.
Learn more about Whop seller integration →
Getting Started
How do I get started?
Step 1: Connect Broker (5 min)
Go to Integrations → Add Integration → Select broker → Complete Broker Integration Steps
We recommend starting with paper trading to test your setup, for which you can use Nyria Paper in addition to other brokers which support a Paper API.
How do I create a strategy?
Step 2: Create Strategy (10 min)
Go to My Strategies → Create Strategy
- Name your strategy
- Select alert source (TradingView, Discord, etc.)
- Choose equity type (stocks, options, crypto, futures)
- Configure entry/exit behavior
- Add allowed instruments
How do I validate my alerts?
Step 3: Validate Alerts (5 min)
Go to Integration tab → Validate Alerts
- Provide example alerts for each trade type
- System validates parsing and execution
- Strategy activates once validation passes
How do I deploy a bot?
Step 4: Deploy Bot (3 min)
Click Deploy Bot from your strategy
- Set position size (fixed $ or % of account)
- Select instruments to trade
- Choose broker integration
- Click Deploy Bot - you're live!
Common Questions
Is my broker account safe?
Yes. Nyria never connects using your brokerage credentials, rather utilizing OAuth and secure API keys as per each broker's API. Nyria stores all sensitive information with industry-standard encryption, and regularly ensures adherence to industry standards.
We never store your broker credentials, nor can we. Only secure access tokens that you can revoke anytime. All data is encrypted at rest and in transit.
What happens if an alert fails?
Failed alerts are logged with detailed error messages in Strategy or Bot Logs, depending on the cause of the failure. Common issues include insufficient buying power, invalid option levels, or market hours restrictions. Check logs for specifics and ensure your alerts and settings adhere to broker and market capabilities.
Can I use multiple brokers?
Yes! Connect unlimited integrations. Deploy different bots to different brokers. Great for diversification or testing paper vs live.
What if I need to close positions manually?
You can always manage positions directly in your broker account. Nyria tracks positions but doesn't prevent manual intervention. Exit alerts will handle remaining positions.
How many bots can I create?
Unlimited bots. Deploy multiple bots for the same strategy with different integrations, position sizes, or instruments.
Can I change my position size?
Yes, edit the bot anytime. The new position size applies to future trades, not existing positions.
What happens if I pause a bot?
The bot stops executing new trades but does NOT close open positions. Positions remain open until you close them manually or reactivate the bot for exit signals.
Risk & Support
What are the risks of automated trading?
Trading involves substantial risk of loss. Automated trading can amplify both gains and losses. Only trade with capital you can afford to lose.
Best practices:
- Always test with paper trading first
- Start with small position sizes
- Maintain adequate capital for entries AND exits
- Monitor your positions regularly
What am I responsible for?
You are responsible for:
- Ensuring adequate capital
- Understanding strategy mechanics
- Monitoring positions and account status
- Complying with all regulations
- Managing risk appropriately
How do I get help?
- Documentation - docs.nyria.io
- Demo Walkthrough - TradingView/Discord Setup with Option Selection
- Discord - Submit a Ticket
- Email - support@nyria.io
What's the risk disclosure?
By using Nyria, you acknowledge that you have read, understood, and accepted all trading risks. Nyria is a technology platform only - we do not provide investment advice, trading recommendations, or performance guarantees.