PickMyTrade alternatives for options traders
PickMyTrade relays TradingView alerts to broker accounts through webhooks and is widely used for futures and prop-firm automation.
Options traders compare alternatives when alert-driven execution does not match how they trade: options need a contract choice, a sensible limit price and exits that follow the underlying, and a relay leaves those to the alert design.
At a glance
| Aspect | OptionTrigger | PickMyTrade |
|---|---|---|
| What it is | Desktop app that trades single-leg IBKR options from the TradingView stock chart | Webhook relay from TradingView alerts to brokers |
| Entries | You click Buy; arming never sends an order | Automatic from alerts |
| Exits | Stock-price targets, wick/body/hybrid stops and trailing, executed automatically | Defined in alerts or broker orders |
| Where orders originate | Local engine on your Mac, connected to TWS or IB Gateway | Vendor service |
| Main focus | Intraday single-leg options on stocks | Futures and alert automation |
| Pricing | Free for DEMO and IBKR Paper; Premium $29.99/month or $299/year for live | See the PickMyTrade pricing page |
Choose PickMyTrade if
- You automate futures or prop-firm accounts from TradingView alerts.
- Your entries are fully rule-based and should run unattended.
Choose OptionTrigger if
- You trade calls and puts on stocks and decide entries yourself.
- You want stock-price exits that scale out at several targets and trail.
- You use Interactive Brokers and want execution to stay on your computer.
PickMyTrade alternatives to consider
OptionTrigger
Plan on the stock chart, enter explicitly, and let a local engine manage IBKR option exits from the stock price.
TradersPost
A webhook platform covering several brokers and asset classes.
Manual TWS tickets
Free and flexible: analyze on TradingView, trade in TWS. Slow, and exits must be watched.
Questions
Can PickMyTrade trade options?
Check PickMyTrade’s current documentation for which brokers and option features it supports. With any relay, the alert or relay has to determine the option contract.
What is a PickMyTrade alternative without webhooks?
A chart-native tool. OptionTrigger lets you draw stock-price targets and stops on the TradingView chart and trades the IBKR option through a local engine, with no alerts to configure.
Reviewed October 2026. Descriptions of PickMyTrade come from its public materials at that time; features and prices change, so check pickmytrade.trade for current details. PickMyTrade is a trademark of its owner; OptionTrigger is not affiliated with it.
Related comparisons
Practice the stock-to-option workflow free in DEMO and IBKR Paper.
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