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Composer (composer.trade) is welcoming new customers with a $50 cash bonus (referral below). Earn an additional $50 cash bonus for every person who uses your unique referral link to claim their welcome reward. Click here for more investment promotions, including offers from Public.com, Ally Invest and more.
- Update 12/22/22: The welcome bonus is now $50, rather than $100.
Launched in 2021, Composer is a trading platform that allows retail investors to manage their assets and portfolios with automation tools, so they can mimic the returns made by professional asset managers and hedge funds. With the app, you can easily create trading strategies, without having to do any coding or requiring any complicated spreadsheets. Let’s review Composer and their current offers below.
Composer $50 Welcome Bonus
Enjoy a $50 cash bonus when you use referral code 6jY22QN-TRADE to register, fund your Composer account, and live trade for 14 days.
Give $50, Get $50 Referral Program From Composer
With Composer’s referral program, you can easily make money by inviting your friends to join the platform. It’s simple: just share your unique referral code with your friends, and when they sign up and trade live for 14 days, you both get $50. Plus, every friend that invests gets you another $50, so the more friends you sign, the more money you make.
To get started, access your unique referral code in the Composer app by clicking on the ‘Invite friends’ blue button in the upper right corner. Then, copy and share the code via text, email, or social media. Once your friends sign up using your referral code and start trading live for 14 days, you’ll both receive $50.
Composer Features
Composer is a modern, high-tech way to invest. The platform stands out for its customizable collection of rules-based strategies, along with the ability to easily build your own from scratch. There is no coding required, no spreadsheets, and the trading itself is automatically executed by your algorithm of choice. Other features include:
- Manage all your assets, trade, and data from the Composer app.
- Simple visual strategy editor with drag, drop, and editing capabilities.
- Backtest your strategy and compare its performance with benchmarks, top hedge funds, and other investment strategies.
- Improve your strategies over time with the platform’s AI.
- Get notifications on opportunities you missed out on and small tweaks you can make that might positively impact your strategy.
- Publicize your strategy so others can view, customize, and deploy it in their trading activities.
Plus, the securities in your Composer account are protected up to $500,000.
Composer Fees
Until recently, Composer was free to use. It now costs $30 a month. Existing customers who joined before the new monthly fee are grandfathered into the free plan. You are also subject to regulatory fees, which go directly to the Securities and Exchange Commission (SEC) and Financial Industry Regulatory Authority (FINRA).
Bottom Line
Composer is a quick, easy, and low-cost way to get into automated trading. It allows retail investors to interact with the stock market much like a hedge fund, but without any of the complex programming. If you decide to join, don’t forget to use the referral link to get a $50 welcome bonus.
Compare this to other brokerage and investment offers here.
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