Medved Trader

What it is

Medved Trader is a Windows trading front end from 2GK, Inc., built on one idea its FAQ states plainly: the brokerage keeps your account and routes your orders, and Medved Trader supplies the screen. It connects to one or several brokers and data feeds at once and gives every one of them the same interface, so moving from one broker to another, or trading two accounts side by side, does not change your layout or your hotkeys.

The screen is the usual active-trader set, done in depth. Charts with a long indicator library, candle-pattern detection and trading from the chart, where orders and positions are drawn and a pending order is dragged to a new price. A DOM price ladder and Level II windows with time and sales. Portfolio windows that are really watchlists, with a tiled display. Real-time scans written as formulas over any indicator, and paintbars — formula-driven bar colouring that can also fire alerts. Streaming option chains grouped by strategy, and an Option Risk Analyzer that plots the profit and loss curve of a basket of option positions. Hotkeys are scripted with expressions and variables such as cash, account value and Level II size.

Development is visibly active. The production release on 7 October 2026, version 1.1.9932.960, lists 168 additions, changes and fixes, and the release before it, on 20 August, added an MCP server for AI assistants.

Pricing

Premium is $24.99 a month or $239.99 a year, with no feature tiers above it. Every account starts with a month of Premium free, and any credit left on that month is carried over if you subscribe early. Without a subscription the program falls back to a restricted free mode: 20 symbols, two portfolios, two charts, three indicators per chart, ten days of intraday history, one Level II window, one trading account and no API. Tradier clients can buy Premium for $23 a month by emailing Tradier.

Payments are fully refundable within 48 hours. After that, an annual subscription cancelled within 120 days is refunded pro rata, with usage rounded up to the whole month. Market data is a separate bill from whichever broker or vendor supplies it.

Data & coverage

Data comes from whatever you connect. Brokers that stream quotes to their clients — Schwab, Interactive Brokers, TradeStation, tastytrade, Alpaca, Tradier, Questrade — can serve as the feed, and dedicated vendors can be added on top: dxFeed, DTN IQFeed, Barchart, QuoteMedia Quotestream, Money.net, and The Fly for news. Inside Medved Trader the dxFeed history is capped at five days of ticks and 120 days of one-minute bars. Some sources give snapshot quotes only, not a stream: RBC, Bell Direct and CommSec in Australia, Yahoo. Futures come through Rithmic and dxFeed, crypto through exchange connections that need no login for data.

Integrations

The broker list is the integration story. On the data-sources page: Alpaca, tastytrade, Schwab, TradeStation, Interactive Brokers Pro, Robinhood (quotes only), E*Trade (orders only), Tradier, ChoiceTrade, Questrade, Binance US, Rithmic directly and through AMP, Optimus, Discount Trading and OneUp Trader, plus RBC, Bell Direct and CommSec. Release notes this year also cover Webull, Fidelity option chains, and Apex and Lucid accounts over Rithmic.

For code, a WebSocket API speaks JSON or XML and reaches everything the program can: logins, balances and positions, orders, streaming data, backfill, alerts, live scan results and portfolios. The MCP server sits on the same settings page and can, among other things, push chart drawings into an open chart. The API is a Premium feature by the FAQ; the release notes do not say whether the MCP server is.

Limitations

• Windows only. No Mac, mobile or web version, by the vendor's own FAQ.
• No data of its own. Without a broker or vendor feed it has nothing to show, and a snapshot source does not stream.
• No backtester. Scans and paintbars run on live and historical bars, but the vendor's pages describe no way to test a rule against history.
• Alerts are passive. The FAQ says an alert fires only on a symbol whose data is already streaming, so it has to sit in an open portfolio.
• The broker list on the website lags the software. Webull and Fidelity appear in this year's release notes but not on the data-sources page.
• IBKR Lite is not supported, because it gives no API access.

Alternatives

DAS Trader Pro is the direct-access stock platform with data bundled, at four times the price. Sierra Chart and Quantower are broker-neutral platforms built for futures first. TradingView charts and trades in a browser through its own list of brokers. The rest are in trading platforms.