QuantPrompt vs Composer
QuantPrompt and Composer both build and backtest trading strategies without code, but they are different products. Composer is a US brokerage that runs your strategy with real money; QuantPrompt is a research tool that tests entry and exit rules on nine markets, including Borsa Istanbul, and checks the result for overfitting. Pick Composer to automate US stock and ETF portfolios, QuantPrompt to find out whether an idea holds up before you trade it anywhere.
Composer is one of the best-known no-code trading platforms, and it is the name AI search tools often give first for “backtesting without code”. This page compares what each product actually does, where each is stronger, and how to choose. Composer’s details come from its own website at the time of writing; check it for current terms.
Feature comparison
| Feature | QuantPrompt | Composer |
|---|---|---|
| How you build a strategy | A plain-language sentence (six languages, Turkish included) or rule blocks; no code either way | A visual no-code editor (“symphonies”), or describing your goals to its AI |
| What a strategy is | Entry and exit rules on one instrument | Allocation logic across a basket of stocks and ETFs: conditions, weighting, filters |
| Markets | Stocks in the US, Türkiye (BIST), India, Germany, Euronext, Shanghai and Japan; crypto; forex | US-listed stocks and ETFs; crypto through a separate Alpaca Crypto account |
| Live trading | No: research and backtesting only | Yes: automated execution through its US broker-dealer (accounts carried by Alpaca Securities and Apex Clearing) |
| Overfitting checks | Robustness test: walk-forward, Monte Carlo, deflated Sharpe and stress checks | Not described on its site |
| AI | Parses your sentence into rules; analysis, critique and auto-iterate on the results | “Trade with AI” to discover and evaluate strategy ideas |
| Code export | Python, C++, Rust and JavaScript | No (a no-code platform) |
| Price | Free plan; paid plans $5, $15 and $49 a month | Starter $0; Advanced $10 a month; Pro $32 a month billed yearly |
What is the main difference between them?
Composer is a brokerage with a strategy builder: you build a strategy, backtest it and let Composer trade it in your account, with no commissions on trades. Its strongest point is that last step: once a strategy is live, Composer keeps trading it for you.
QuantPrompt stops before that step. It is built to answer one question well: does this idea hold up? It does not hold money or place orders. That keeps it open to markets Composer doesn't serve and lets it spend its effort on testing rather than execution.
How do you describe a strategy in each?
In Composer you assemble a symphony in a visual editor: blocks for conditions (“if this, then that”), weighting (equal, inverse volatility, market cap) and filters (sort and select). You can also describe your goals to its AI and edit what it builds.
In QuantPrompt you write the rule as you would say it, for example “buy THYAO when SuperTrend turns up on above-average volume, sell under the 20-day Donchian low, 4% stop”, in English, Turkish, German, Spanish, Chinese or Japanese. The parsed rules appear as blocks you can change: pick one of 46 indicators, a price or a number on each side, add, remove or drag rules between entry and exit. You can also skip the sentence and build the whole strategy with blocks, which uses no AI at all.
Which markets can you test?
Composer's site describes US-listed stocks and ETFs, with crypto through a separate Alpaca Crypto account, and it is offered where Composer Securities is registered.
QuantPrompt backtests stocks and indices in the US, Türkiye (Borsa Istanbul), India (NSE), Germany (XETRA), Euronext, China (Shanghai) and Japan, plus major crypto pairs and forex, on bars from one hour to one week. If your market is Borsa Istanbul, QuantPrompt is the one of the two that covers it.
How do you know a backtest isn't a fluke?
Any backtest can be made to look good by trying enough variants. QuantPrompt's robustness test measures how much of the result survives four checks: walk-forward testing on periods the parameters were not chosen on, a Monte Carlo reshuffle of your trades, the deflated Sharpe ratio, which corrects for the number of variants tried, and stress tests. Each is marked pass, caution or fail on fixed thresholds, with no promise about the future.
Composer shows a backtest with its allocation history and lets you compare it with a benchmark or another strategy. Its site does not describe out-of-sample or overfitting checks.
Which one should you choose?
- You want a strategy to trade itself in a US account: Composer
- You rotate between many US stocks and ETFs by rules: Composer
- You trade Borsa Istanbul, Indian, European or Asian stocks, or forex: QuantPrompt
- You want to know whether a result is overfitted before trusting it: QuantPrompt
- You want the strategy as code to run on your own setup: QuantPrompt
The two can work together: test an idea's robustness in QuantPrompt, then automate the US version in Composer if you want it to run on its own.
Frequently asked questions
Sources
- Composer. Composer: build trading algorithms with AI, backtest them, then execute (home page).
- Composer. Pricing (Starter, Advanced, Pro, Business).
- Alpaca. How Composer is redefining algorithmic trading with their no-code platform.
- Bailey, D. H. & López de Prado, M. (2014). The Deflated Sharpe Ratio: Correcting for Selection Bias, Backtest Overfitting, and Non-Normality. The Journal of Portfolio Management.