Composer allows you to build a portfolio of automated rules-based investment strategies, which are known as “symphonies,” to automatically execute $0 commission stock trades on the Alpaca trading platform based on the rules that you create, so that you can invest like hedge funds do.
Plus, through the Composer “Give $50, Get $50” Referral Program, new users can earn a $50 bonus when you sign up for Composer, and current user can get a $50 bonus for each new Composer user that you refer.
About Composer Rules-Based Investing
With rules-based investment strategies, you can create if-this-then-that logic for automating stock trades based on rules that you create, or you can follow existing trading strategies, which are known as “symphonies.”
Through Composer, you can discover ready-made symphonies, modify these symphonies however you like, or create your own symphony from scratch.
If you want to assess the risk factor first, you can follow symphonies that you are interested in to see how they perform in real time, and then invest whenever you are ready.
There are no codes required, no spreadsheets and no manual investments, as you simply let Composer’s algorithms execute trades and rebalance for you based on your own investment strategies.
When you invest with Composer, you can explore momentum, paired switching, and other hedge fund-like styles of investing, and the Composer platform makes everything easy to visualize and understand.
Composer is currently free to use, and they have previously indicated that early users will be able to retain free access when they begin charging fees (they have currently not figured out a pricing strategy).
Composer works in conjunction with the Alpaca Trading Platform, an Application Programming Interface (API) for stock and crypto trading.
Composer $50 Sign-Up Bonus
1. Join via this Composer $50 Referral Link to get started (provided by reader Matt).
2. Fund your Composer account with a minimum initial deposit of $500 (you do not need to invest the entire $500, just fund your account with it).
3. Then live trade for 30 days to qualify for the $50 bonus (live trading means using a symphony to invest in the stock market).
4. The $50 bonus will be deposited into your Composer account within the following 21 days after the 30-day live trading period requirement.
Composer $50 Referral Rewards
Once you join Composer, you can access your own unique referral link to share with friends and earn $50 bonus rewards, and you do not necessarily need to be a live trader, as anybody with a Composer account can refer a new user and be rewarded for it.
If somebody signs up for Composer using your referral link and invests in a symphony for at least 30 days, Composer will send both of you a $50 bonus.
To access your referral link in the Composer app, visit the “Invite friends” blue button in the upper right corner, and you can just select “Copy,” and then text, email, or post your link on social media anywhere you’d like.
Any user who signs up via your Composer referral link and live trades for 30 days will qualify you both for a $50 bonus each.
For users who created a brokerage account directly through Composer, they will deposit $50 directly into your brokerage account.
Once the user who is referred is live trading for 30 days, you’ll receive $50 in your Composer account within the following 21 days.
The user who you referred will also receive $50 in their Composer account within the following 21 days.
If you want to create an automated stock portfolio of rules-based investment strategies, check out the Composer platform and get a $50 sign-up bonus when you join, plus earn $50 referral rewards for sharing Composer with other traders.