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DN DECISION TOOLS

Build your trading workflow.
Understand the trade-offs.

Compare automation software and trading venues by documented capabilities, permissions and custody. Start with the workflow you need.

Documentation reviewed 2026-10-084 curated platformsNo live execution testing

What do you need?

Matches describe capabilities, not approval to trade. Country, account type and product eligibility must be confirmed with the provider. Onchain custody still carries protocol and permission risk.

Your comparison

3 capability matches

Alphabetical order. No performance scores or commission-based ranking. Software connects to a venue; it is not a substitute for an eligible exchange account.

Onchain trading venueDocumentation reviewed

Hyperliquid

Build a custom trading workflow using the public API and approved agent wallets.

Onchain trading venue: documented spot capability fits this workflow. Account and product eligibility still need confirmation.

Custody
Assets committed to an onchain trading protocol; not equivalent to holding an unencumbered wallet balance.
Permissions
Separate approved API wallets from the master wallet. Review permitted actions, expiry and nonce handling before delegation.
Testing environment
A separate testnet API is documented. Testnet liquidity and fills are not production evidence.
Costs to include
Trading fees, spread, funding for perpetuals and any bridging or infrastructure costs.
Stop-loss evidence
Order behaviour and failure recovery need strategy-specific testing. DN has not measured stop-loss performance.
Eligibility
The official interface restricts US access. Other regional and product conditions require checking current terms.
Inspect the evidence

Documentation: within review window. Last reviewed 2026-10-08. No live performance test.

ExchangeDocumentation reviewed

Kraken

Use exchange APIs for custom spot workflows; derivatives have separate eligibility and interfaces.

Exchange: documented spot capability fits this workflow. Account and product eligibility still need confirmation.

Custody
Funds remain with the exchange, including when software connects through an API.
Permissions
API keys distinguish trading and withdrawal permissions. Grant only the scopes required by your workflow.
Testing environment
Check the exact market and environment. This comparison does not claim a spot paper-trading environment.
Costs to include
Market-specific fee tier, spread and any funding, withdrawal or infrastructure costs.
Stop-loss evidence
Order types and trigger rules depend on the product. DN has not measured live stop-loss reliability.
Eligibility
UK retail clients cannot use Kraken derivatives. US futures are a separate product from non-US perpetuals.
Inspect the evidence

Documentation: within review window. Last reviewed 2026-10-08. No live performance test.

ExchangeDocumentation reviewed

VALR

Explore a South Africa-based exchange with REST and WebSocket APIs for custom workflows.

Exchange: documented spot capability fits this workflow. Account and product eligibility still need confirmation.

Custody
Funds remain with the exchange, including when software connects through an API.
Permissions
View, trade, transfer and withdrawal scopes are documented separately. Leave unnecessary permissions disabled.
Testing environment
No paper-trading environment is asserted here. Validate your own order handling before using capital.
Costs to include
Relevant market fee tier, spread and any funding, withdrawal or infrastructure costs.
Stop-loss evidence
Confirm order support for the exact market. DN has not measured live trigger-to-fill reliability.
Eligibility
VALR lists US residents among unsupported countries. Country support does not establish eligibility for every product.
Inspect the evidence

Documentation: within review window. Last reviewed 2026-10-08. No live performance test.

Why 1 record is outside your selection
  • Coinrule: A different workflow is documented for this platform.

TEST YOUR ASSUMPTIONS

What could the workflow cost?

An illustrative monthly scenario, independent of platform selection. Replace every assumption with your own fee tier and observed costs. One basis point is 0.01%.

Estimated monthly cost$30.00
Fees + slippage
$30.00
Software + infrastructure
$0.00
Funding assumption
$0.00
Cost per round trip
$3.00

Formula: trade size × round trips × 2 × (fee + slippage) / 10,000, plus monthly software, infrastructure and funding. Assumes equal entry and exit notional. Excludes tax, withdrawal/bridge costs, trading losses and funding credits. This is not a live quote, profit forecast or position-size recommendation.

Useful before profitable

This initial release compares four documented services. DN has not executed live trades, measured latency or tested stop-loss reliability for this comparison. Current documentation establishes capabilities, not future uptime, profitability or suitability.

Partner links are taken from DN’s current affiliate sheet. DN may receive commission; payment does not affect inclusion, filtering or order. Hyperliquid is included with a neutral official link. Coverage is limited and is not a complete market survey.

Begin with simulation or read-only access where possible. Use narrowly scoped permissions and loss limits. Never submit API secrets, wallet recovery phrases or trading credentials to DN. This tool runs locally in your browser and does not connect to trading accounts.