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Nyria Docs

Frequently Asked Questions

Answers on brokers, pricing, option legs, paper trading, retries and latency, plus the things Nyria deliberately does not do.

The Basics

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 webhooks into executed trades across stocks, options, and crypto spot, in your own brokerage account. Your funds never leave your broker.

What are Integrations?

Connected exchange or brokerage accounts used to automate trades. Users can have unlimited integrations. Live now: Nyria Paper, Schwab, Alpaca, Tradier, tastytrade. Coming soon: Binance, Binance US, Coinbase, Coinbase US, TradeStation, Tradovate, Webull.

Nyria never sees your broker password. A connection is made with the broker's own OAuth flow or an API key you create yourself, and Nyria stores the resulting tokens server-side so it can place orders on the account you connected. See Security & Your Money for exactly what is stored and what is encrypted.

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 Premium (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 and leverage. Bots are never counted or charged for: deploy as many as you like, as long as their combined allocation fits your plan. The one bot count Nyria caps is Nyria Paper bots, and your plan sets it: the free tier allows 10.


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 allocation per month, up to $100,000.

  • Deploy as many bots as you like. Bots are never counted or charged for; what your plan caps is their combined allocation
  • All supported brokers & exchanges
  • Stocks, options, crypto spot (perpetuals on Nyria Paper only)
  • TradingView, Discord, TrendSpider & custom webhook integration (Telegram coming soon)
  • Multi-leg option spreads (up to 4 legs)
  • Paper and live trading
  • Strategy logs & analytics

Example: three bots that can commit $10,000 each add up to $30,000 of allocation, so you'd pay $300/month.

This does not include bots for paywalled strategies - those are billed to the creator.

Is there a free trial?

Yes. Every Nyria Pro (trader) subscription starts with a 14-day free trial. You are not charged until the trial ends, and cancelling inside the trial costs nothing.

Creator subscriptions are metered from day one and do not include a trial.

How much does Nyria cost for creators?

$50 per $10,000 of allocation per active copier per month. A copier counts from the moment their access to your strategy is active, whether or not they have ever placed a trade.

Allocation TierPlatform Cost/UserPlatform 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 total a copier's bots may commit at one time, added up across every strategy and every account. It is the sum of every bot's budget per signal, whether or not those bots ever trade on the same day.

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 and 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?

BrokerStocksOptionsStatus
Nyria PaperLive (simulated)
SchwabLive
AlpacaLive
TradierLive
tastytradeLive
WebullComing Soon

What exchanges are supported for cryptocurrency?

ExchangeSpotPerpetualsStatus
Nyria PaperLive (simulated)
BinanceComing Soon
Binance USComing Soon
tastytradeLive
AlpacaLive
CoinbaseComing Soon

What brokers are supported for equity futures?

Equity futures support is in development. Crypto perpetual futures run on Nyria Paper only. No connectable broker carries them today.

  • 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?

  1. Create strategy in Nyria with TradingView as the alert source
  2. Copy your webhook URL
  3. In TradingView, set webhook URL
  4. 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?

  1. Link Discord in Nyria Integrations
  2. Invite Nyria bot to your server
  3. Select server, channel, optional author/keyword filters
  4. 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?

  • Custom API - Send POST requests to your webhook URL with JSON payloads for full control over alert format. Live now.
  • TrendSpider - Point TrendSpider's Alerts or Strategy Bots at your webhook URL. Live now.
  • Telegram - Stream alerts from Telegram channels or groups you administer. Coming soon.

How fast are alerts processed?

From parse to order, measured across 15,001 orders: median 0.63s, 90th percentile 1.33s. That is the time between an alert landing parsed and the order being written, with bots executed in parallel. It does not include the time TradingView takes to send the alert, which TradingView itself puts at 25 to 45 seconds. Fill time after that depends on liquidity, order type, and broker routing.


For Creators: Monetization

How do I monetize my strategies?

  1. Start a creator subscription - Required before a strategy can take paywall products. Without one you get A creator subscription is required before you can add paywall products to a strategy.
  2. Connect Whop or Stripe Account - Add your API key in Nyria Integrations
  3. Create Premium Strategy - Set access control to Premium
  4. Link Products - Map Whop products or Stripe prices to allocation tiers
  5. Automatic access - Subscribers automatically get access based on their subscription

How does creator billing work?

$50 per $10,000 of allocation per active copier per month.

  • Active copier = anyone holding active access to one of your paywalled strategies. Trading is not required. A subscriber who never deploys a bot still bills you
  • Every active copier bills at least one $10,000 tier ($50/mo), even if their plan's allocation is smaller than $10,000
  • Within a billing period the meter only ever rises. If a copier downgrades or cancels mid-period, you are still billed their peak tier for that period; the reduction shows up in the next period
  • Billed on your own Stripe subscription's renewal date, not on the 1st of the month
  • Allocation is the total a copier's bots may commit at one time, summed across every bot (not account size / AUM)
  • Users can run unlimited bots within their allocation tier
  • Comped access granted by Nyria support does not bill you, and neither does your own access to your own strategy
  • 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

Forecast from your active subscriber count, not your active trader count. Revoking a subscriber's access stops future periods from billing, but does not reduce the period already in progress.

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, click your broker's card in the Brokers grid, then complete that broker's connection steps

Start with Nyria Paper. One click, no account, no credentials, free on every plan. Alpaca and Tradier also offer their own paper accounts; Schwab and tastytrade are live-only.

How do I create a strategy?

Step 2: Create Strategy (10 min)

Go to My StrategiesCreate Strategy

The wizard runs in this order:

  1. Name and signal source - name, public URL, signal source
  2. What it trades - equity type, entry/exit behavior, and option legs if it is an options strategy
  3. Who can copy it - public, private, or premium
  4. Which tickers - what this strategy may trade
  5. Review

How do I validate my alerts?

Step 3: Validate Alerts (5 min)

A new strategy is a draft and cannot run a bot. Validating activates it.

Go to the strategy's Integration tab:

  • Provide an example alert for each enabled trade type
  • Click Validate Alert Formats (TradingView strategies get a guided wizard instead)
  • The strategy flips from Draft to Active once every example passes

How do I deploy a bot?

Step 4: Deploy Bot (3 min)

Click Deploy Bot from your strategy

  • Set position size (fixed $, or a contract quantity where the strategy enables it)
  • Select instruments to trade (skipped when the strategy allows only one)
  • Choose broker integration
  • Click Deploy Bot - you're live!

Common Questions

Is my broker account safe?

Nyria never connects using your brokerage username and password. It uses an OAuth authorization you grant at the broker, or an API key you generate yourself. We never receive your broker password and there is no way for you to give us one.

The access Nyria holds covers reading your accounts and positions, and placing and cancelling orders. It does not cover withdrawals, transfers, or changing account settings. Nyria cannot move money out of your account, and your funds never leave your brokerage.

You can revoke that access at any moment, from your broker's own app or by disconnecting the integration in Nyria.

Traffic is encrypted in transit, and Whop and Stripe API keys and webhook secrets are encrypted at rest. Broker access tokens are held server-side in Nyria's database and are not individually encrypted at rest today. See Security & Your Money for the full answer, including how to revoke access.

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?

Closing at your broker always works, and it is the only route that does not depend on Nyria or on your bot's state. Do that whenever you need to be flat now.

Inside Nyria, only the author of a strategy can close it: open the strategy, open the menu beside the deploy button, and choose Close positions. There is no in-app close for a strategy you are copying.

Nothing in the bot controls closes anything. Pausing a bot and deleting it both leave the position open. See Close a Position.

How many bots can I create?

Nyria Paper: the free tier allows 10 bots per account, and a paid plan can raise it. This is the only bot count Nyria caps.

Nyria Pro users: As many bots as you like, as long as their combined allocation stays within your plan.

Premium strategy users: As many bots as you like, 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?

It stops acting on signals. Exit signals included - a paused bot will not close a position for you, so pausing does not hold a position safely. Anything open stays open until you close it at your broker, or start the bot again so it can act on the next exit signal. See Close a Position.


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?

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.

Full Risk Disclosure →


Still Need Help?