Frequently Asked Questions
Everything you need to know about Nyria's 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, Telegram, or custom APIs into executed trades across stocks, options, and crypto (spot & perpetuals) - automatically.
What are Integrations?
Connected exchange or brokerage accounts used to automate trades. Users can have unlimited integrations. Live now: Tradier, tastytrade, Binance, Schwab, Alpaca. Coming soon: Coinbase, Webull, Tradovate.
Nyria never stores your broker credentials—we use OAuth and secure API keys.
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. Free users can create up to 10 Nyria Paper bots. Paid users can deploy unlimited bots within their allocation limit.
Pricing & Plans
What's included for free?
Free users get access to:
- Up to 10 strategies
- Up to 10 Nyria Paper bots (simulated trading)
- All supported alert sources
- All equity types
- Full strategy configuration
Free accounts are great for testing and paper trading. Upgrade to Nyria Pro to automate live trading.
How much does Nyria Pro cost for traders?
$100 per $10,000 of max entry allocation per month, with support for up to $100,000 combined allocation currently.
- Create unlimited bots as long as combined max entry allocation (across bots that can enter on the same signal) stays under your plan budget
- All supported brokers & exchanges
- Stocks, options, crypto spot & perpetuals
- TradingView, Discord, Telegram, TrendSpider & Custom API integration
- Multi-leg option spreads (up to 4 legs)
- Paper and live trading
- Strategy logs & analytics
Example: If you want to allocate $30,000 per entry across all your bots, you'd pay $300/month.
This does not include bots for paywalled strategies - those are billed to the creator.
How much does Nyria cost for creators?
$50 per $10,000 of allocation per user per month - billed for each user who executed at least one trade through a bot on your strategy in the last month.
| Allocation Tier | Platform Cost/User | Platform Cost for 10 Users |
|---|---|---|
| $10k | $50/mo | $500/mo |
| $20k | $100/mo | $1,000/mo |
| $30k | $150/mo | $1,500/mo |
| $50k | $250/mo | $2,500/mo |
| $100k | $500/mo | $5,000/mo |
Allocation is the maximum dollar amount deployed per entry signal. If multiple bots can enter on the same signal, your tier should cover the combined max entry allocation across those bots.
How it works:
- Create 1-10 plans, each tied to an allocation tier
- Map plans to your payment provider (Whop or Stripe)
- Users on each plan can allocate up to that amount across unlimited bots
- Set your own pricing—keep the difference as profit
Example: A user on your $20k plan can create multiple bots totaling $20k allocation. Nyria bills you $100/month for that user. If you charge them $400/month, you profit $300.
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 | Status |
|---|---|---|---|
| Tradier | ✅ | ✅ | Live |
| tastytrade | ✅ | ✅ | Live |
| Schwab | ✅ | ✅ | Live |
| Alpaca | ✅ | ❌ | Live |
| Webull | ✅ | ✅ | Coming Soon |
What exchanges are supported for cryptocurrency?
| Exchange | Spot | Perpetuals | Status |
|---|---|---|---|
| Binance | ✅ | ✅ | Live |
| tastytrade | ✅ | ❌ | Live |
| Alpaca | ✅ | ❌ | Live |
| Coinbase | ✅ | ✅ | Coming Soon |
What brokers are supported for equity futures?
Equity futures support is in development. Crypto perpetual futures are live now on Binance.
- Tradovate - Equity futures (Coming Soon)
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. Live now.
- 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. Live now.
How fast are alerts processed?
Alerts are processed sub-second, with parallel execution across bots. Typical alert-to-order time is under 500ms (broker/market dependent). Fill time depends on liquidity, order type, and broker routing.
For Creators: Monetization
How do I monetize my strategies?
- Connect Whop or Stripe Account - Add your API key in Nyria Integrations
- Create Paywalled Strategy - Set visibility to "Paywall"
- Link Products - Map Whop products or Stripe prices to allocation tiers
- Automatic Access Control - Subscribers automatically get access based on their subscription
How does creator billing work?
$50 per $10,000 of allocation per active automated user per month.
- Active automated user = executed ≥1 automated trade in the billing month
- Billed on the 1st of each month based on active automated users and their allocation tiers
- Allocation is the max dollars deployed per entry signal (not account size / AUM)
- Users can run unlimited bots within their allocation tier
- Whop or Stripe handles all subscription payments—you receive payouts directly
- Creators set their own retail tier pricing; Nyria bills based on the subscriber's chosen tier
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?
Whop and Stripe are both supported for creator paywalls. Connect your Whop API key or Stripe account in Nyria Integrations, then map your products to allocation tiers.
You keep 100% of your subscription revenue—we bill you separately for platform usage based on active users and their allocation tiers.
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, Telegram, etc.)
- Choose equity type (stocks, options, crypto)
- 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?
Free users: Up to 10 Nyria Paper bots for simulated trading.
Nyria Pro users: Unlimited bots, as long as your total entry allocation across all bots stays within your plan budget.
Paywalled strategy users: Unlimited bots within the allocation limit set by the creator's plan tier.
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.